Housing Market Analysis for MERLE WAY, GU27 3NB

Are you looking to understand GU27 3NB house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Chichester postcode.

For the location information and nearby amenities in the GU27 3NB area, explore the GU27 3NB Area information page.
For comprehensive crime statistics in the GU27 3NB area, explore the GU27 3NB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the GU27 3NB postcode area, The average prices are as follows,

  • Detached
    • The average price is around £308,818 median price is £297,500 Standard Deviation is £126,471 with Total Sold: 11
    • The Last 5 Year average price is £501,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 12 MERLE WAY: £562,000 (Sold on 11 Feb 2022)
    • The first recorded sale happened at this postcode is 5 MERLE WAY: £110,000 (Sold on 08 Jan 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average GU27 3NB house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£562,000 £4,645 1
2021£440,000 £3,636 1
2018£343,500 £4,462 3
2014£297,500 £2,459 1
2006£280,0001
2005£320,000 £3,168 1
2003£192,0001
1999£165,000 £1,571 1
1997£110,0001

All the Sales in the MERLE WAY, GU27 3NB

See the table below for more details on the sold house prices in the GU27 3NB, Chichester postcode.

AddressSold DatePrice% Change
12 MERLE WAYDetached, FreeholdArea: 121 Sq.mtrAge: 1950-196611 Feb 2022£562,000First Sale
4 MERLE WAYDetached, FreeholdArea: 121 Sq.mtrAge: 1950-196622 Jan 2021£440,00047.90%
16 Apr 2014£297,500First Sale
1 MERLE WAYDetached, FreeholdArea: 64 Sq.mtrAge: 1950-196617 Aug 2018£310,50012.91%
09 Apr 2018£275,000First Sale
6 MERLE WAYDetached, FreeholdArea: 105 Sq.mtrAge: 1930-194912 Apr 2018£445,000169.70%
25 Aug 1999£165,000First Sale
10 MERLE WAYDetached, Freehold27 Jan 2006£280,000First Sale
7 MERLE WAYDetached, FreeholdArea: 101 Sq.mtrAge: 1950-196627 Jun 2005£320,000First Sale
2 MERLE WAYDetached, Freehold21 Nov 2003£192,000First Sale
5 MERLE WAYDetached, Freehold08 Jan 1997£110,000First Sale

Check out the sold house prices near the GU27 3NB postcode. Properties currently for saleProperties currently for rent

MERLE WAY, GU27 3NB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the GU27 3NB postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the GU27 3NB postcode.

  • Detached
    • The average price is around £427,854 median price is £368,000 Standard Deviation is £282,864 with Total Sold: 288
    • The Last 5 Year average price is £758,902 with Total Sold: 41
    • The most recent sale happened at this postcode is , 3 THE RIDGEWAY: £920,000 (Sold on 22 Aug 2024)
    • The first recorded sale happened at this postcode is , 63 VANN ROAD: £102,000 (Sold on 12 Jan 1995)
  • Semi-Detached
    • The average price is around £249,897 median price is £241,000 Standard Deviation is £129,673 with Total Sold: 258
    • The Last 5 Year average price is £432,772 with Total Sold: 39
    • The most recent sale happened at this postcode is , 67 VANN ROAD: £605,000 (Sold on 02 Aug 2024)
    • The first recorded sale happened at this postcode is , 15 TAVERN COURT: £47,000 (Sold on 23 Jan 1995)
  • Other
    • The average price is around £607,844 median price is £412,500 Standard Deviation is £749,002 with Total Sold: 16
    • The Last 5 Year average price is £776,626 with Total Sold: 12
    • The most recent sale happened at this postcode is , UNIT 1 CROSSWAYS COURT: £75,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , STONE CHAPEL VANN ROAD: £120,000 (Sold on 05 Jul 2017)
  • Terraced
    • The average price is around £194,661 median price is £170,000 Standard Deviation is £141,298 with Total Sold: 174
    • The Last 5 Year average price is £334,196 with Total Sold: 28
    • The most recent sale happened at this postcode is , 22 ASH GROVE: £202,500 (Sold on 12 Apr 2024)
    • The first recorded sale happened at this postcode is , 2 THE GREEN: £89,100 (Sold on 06 Feb 1995)
  • Flat
    • The average price is around £113,337 median price is £108,000 Standard Deviation is £49,506 with Total Sold: 79
    • The Last 5 Year average price is £141,000 with Total Sold: 10
    • The most recent sale happened at this postcode is , 10 ASH GROVE: £145,000 (Sold on 04 Nov 2022)
    • The first recorded sale happened at this postcode is , 10 ASH GROVE: £48,000 (Sold on 08 Mar 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£807,5004
2023£933,062 £7,561 8
2022£596,900 £4,781 5
2021£819,038 £5,225 13
2020£594,250 £4,696 8
2019£678,167 £5,524 3
2018£566,273 £4,898 11
2017£579,800 £3,965 5
2016£533,077 £4,376 13
2015£613,423 £4,827 13
2014£427,312 £3,235 8
2013£566,917 £4,000 6
2012£455,600 £3,367 15
2011£485,500 £4,534 11
2010£487,500 £4,318 10
2009£349,667 £3,157 12
2008£412,071 £2,849 7
2007£414,389 £3,133 9
2006£376,933 £2,511 15
2005£363,773 £2,478 11
2004£394,556 £3,055 9
2003£314,419 £2,801 9
2002£299,671 £2,464 13
2001£222,714 £1,716 7
2000£164,812 £1,378 8
1999£222,214 £1,690 14
1998£318,500 £1,332 7
1997£178,536 £1,313 18
1996£122,860 £1,025 10
1995£133,787 £934 6
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£557,5002
2023£432,400 £4,917 9
2022£485,056 £5,077 9
2021£354,111 £4,145 9
2020£435,625 £3,895 8
2019£417,000 £3,704 2
2018£369,375 £3,915 8
2017£374,875 £3,897 4
2016£388,038 £4,154 13
2015£361,600 £4,159 5
2014£296,824 £3,364 13
2013£265,000 £3,012 11
2012£266,588 £2,386 4
2011£256,571 £2,791 7
2010£273,750 £2,861 10
2009£227,643 £2,839 7
2008£260,000 £2,252 7
2007£253,438 £2,441 8
2006£234,433 £2,239 9
2005£266,214 £2,363 7
2004£215,458 £2,309 12
2003£213,475 £2,422 4
2002£173,312 £2,019 17
2001£148,375 £1,895 8
2000£133,188 £1,411 8
1999£135,714 £1,319 7
1998£106,991 £1,151 11
1997£91,688 £1,061 12
1996£95,625 £1,199 16
1995£100,445 £1,066 11
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£75,0001
2023£547,918 £4,220 6
2022£1,655,000 £16,274 3
2021£862,000 £5,354 1
2020£130,0001
2018£48,0002
2017£155,0002
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£259,167 £4,379 3
2023£252,400 £3,520 5
2022£618,000 £5,277 3
2021£300,500 £4,239 8
2020£302,500 £4,079 6
2019£415,000 £4,660 3
2018£333,499 £3,683 7
2017£247,000 £4,870 5
2016£341,500 £3,539 8
2015£268,141 £3,350 7
2014£191,250 £3,789 4
2013£183,500 £2,572 4
2012£236,139 £3,301 5
2011£188,125 £3,160 4
2010£177,606 £2,498 9
2009£146,908 £2,438 6
2008£202,500 £2,659 1
2007£168,500 £3,157 4
2006£183,667 £2,434 12
2005£166,346 £2,704 2
2004£148,857 £2,407 7
2003£140,608 £2,392 7
2002£137,042 £1,789 6
2001£117,188 £1,827 8
2000£111,000 £1,712 4
1999£84,672 £1,259 9
1998£65,667 £961 9
1997£95,183 £1,187 9
1996£50,625 £1,097 4
1995£73,510 £1,109 5
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£152,125 £2,902 4
2021£152,375 £3,198 4
2019£96,000 £1,579 2
2018£175,333 £3,421 3
2017£156,600 £3,127 5
2016£182,500 £2,946 3
2015£143,400 £3,064 5
2014£125,550 £2,857 3
2013£105,750 £1,929 2
2012£102,000 £2,300 5
2011£126,667 £2,350 3
2009£108,000 £2,512 1
2008£155,000 £3,203 2
2007£137,650 £3,005 3
2006£110,643 £2,351 7
2005£135,000 £2,692 1
2003£106,000 £2,098 2
2002£68,706 £1,431 4
2001£81,750 £1,779 4
2000£63,000 £1,072 3
1999£77,167 £1,465 3
1998£55,062 £1,301 4
1997£49,738 £921 4
1995£49,000 £961 2

House Type in GU27 3NB area

The most common house types in the GU27 3NB postcode area are Detached (75), Semi-detached (27), and Terraced (15).

Total117
Detached75
Semi-detached27
Terraced15
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (73), and Owned: Owns with a mortgage or loan (34).

Owned: Owns outright73
Owned: Owns with a mortgage or loan34
Private rented: Private landlord or letting agency5
Private rented: Other private rented4
Social rented: Other social rented2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the GU27 3NB have 2 people in household (51), and 1 person in household (37).

2 people in household51
1 person in household37
4 people in household14
3 people in household13
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0