8, SCHOOL CLOSE, WESTERGATE, CHICHESTER, PO20 3AB - £280,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 SCHOOL CLOSE is a terraced house, which could now be worth an estimated £270,871. It was last sold for £280,000 in July 2022, which was around 2% below the average July 2022 terraced price in the Arun local authority area.

8 SCHOOL CLOSE Sold Prices

Land registry data shows two sales for 8 SCHOOL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Arun local authority area for the corresponding sale date. One of the two 8 SCHOOL CLOSE sales was for below the average price, whilst the other was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 15 JUL	£280,000	£284,894	2% below HPI
2008 29 FEB	£215,000	£182,547	18% above HPI

What might 8 SCHOOL CLOSE be worth now?

8 SCHOOL CLOSE might now be worth an estimated £270,871.

This is based on house price deflation of 3.3%, between July 2022 and April 2026, for terraced houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.3% deflationary decrease is applied to the most recent sale price for 8 SCHOOL CLOSE of £280,000 on 15th July 2022. For the value to have decreased from £280,000 to £270,871 over the four years and three months to April 2026, the following assumptions must hold true:

• The value of 8 SCHOOL CLOSE has moved in line with the HPI for terraced houses in the Arun local authority area.
• The July 2022 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SCHOOL CLOSE has not materially changed since July 2022.

Where is 8 SCHOOL CLOSE?

8 SCHOOL CLOSE is located in WESTERGATE, in the PO20 postcode district.