Housing Market Analysis for SMITHFIELD, GU31 5BD

Are you looking to understand GU31 5BD 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 GU31 5BD area, explore the GU31 5BD Area information page.
For comprehensive crime statistics in the GU31 5BD area, explore the GU31 5BD Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the GU31 5BD postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £456,667 median price is £420,000 Standard Deviation is £51,854 with Total Sold: 3
    • The Last 5 Year average price is £530,000 with Total Sold: 1
    • The most recent sale happened at this postcode is FORGE COTTAGE, 1 SMITHFIELD: £530,000 (Sold on 06 Apr 2023)
    • The first recorded sale happened at this postcode is FORGE COTTAGE, 1 SMITHFIELD: £420,000 (Sold on 22 Jun 2012)
  • Terraced
    • The average price is around £280,050 median price is £310,000 Standard Deviation is £48,449 with Total Sold: 5
    • The Last 5 Year average price is £325,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 7 SMITHFIELD: £325,000 (Sold on 20 Apr 2020)
    • The first recorded sale happened at this postcode is 9 SMITHFIELD: £248,000 (Sold on 07 Jan 2013)
  • Detached
    • The average price is around £424,630 median price is £424,630 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 SMITHFIELD: £424,630 (Sold on 11 Apr 2014)
    • The first recorded sale happened at this postcode is 3 SMITHFIELD: £424,630 (Sold on 11 Apr 2014)

Sold Price Trend Over the Years:

Below table and chart gives the average GU31 5BD 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£530,0001
2014£420,000 £4,242 1
2012£420,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£325,000 £5,000 1
2019£317,250 £4,598 1
2016£310,000 £4,769 1
2013£224,000 £3,441 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£424,630 £4,289 1

All the Sales in the SMITHFIELD, GU31 5BD

See the table below for more details on the sold house prices in the GU31 5BD, Chichester postcode.

AddressSold DatePrice% Change
FORGE COTTAGE, 1 SMITHFIELDSemi-Detached, Freehold06 Apr 2023£530,00026.19%
22 Jun 2012£420,000First Sale
7 SMITHFIELDTerraced, FreeholdArea: 65 Sq.mtr20 Apr 2020£325,0004.84%
19 Feb 2016£310,000First Sale
8 SMITHFIELDTerraced, FreeholdArea: 69 Sq.mtr12 Apr 2019£317,250First Sale
2 SMITHFIELDSemi-Detached, FreeholdArea: 99 Sq.mtr14 Oct 2014£420,000First Sale
3 SMITHFIELDDetached, FreeholdArea: 99 Sq.mtr11 Apr 2014£424,630First Sale
10 SMITHFIELDTerraced, FreeholdArea: 71 Sq.mtrAge: 2007-201121 Mar 2013£200,000First Sale
9 SMITHFIELDTerraced, FreeholdArea: 61 Sq.mtr07 Jan 2013£248,000First Sale

Check out the sold house prices near the GU31 5BD postcode. Properties currently for saleProperties currently for rent

SMITHFIELD, GU31 5BD Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the GU31 5BD 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 GU31 5BD postcode.

  • Semi-Detached
    • The average price is around £294,462 median price is £252,500 Standard Deviation is £198,334 with Total Sold: 92
    • The Last 5 Year average price is £507,692 with Total Sold: 13
    • The most recent sale happened at this postcode is , 20 SOUTH ACRE: £490,000 (Sold on 20 Aug 2024)
    • The first recorded sale happened at this postcode is , 22 SOUTH ACRE: £85,000 (Sold on 10 Nov 1995)
  • Terraced
    • The average price is around £295,783 median price is £262,500 Standard Deviation is £155,266 with Total Sold: 98
    • The Last 5 Year average price is £467,700 with Total Sold: 15
    • The most recent sale happened at this postcode is , 2 PEASE CROFT: £365,000 (Sold on 12 Aug 2024)
    • The first recorded sale happened at this postcode is , 5 THE STREET: £105,500 (Sold on 30 Nov 1995)
  • Other
    • The average price is around £826,571 median price is £765,000 Standard Deviation is £221,741 with Total Sold: 7
    • The Last 5 Year average price is £908,333 with Total Sold: 3
    • The most recent sale happened at this postcode is , HARTING HOUSE ELSTED ROAD: £1,335,000 (Sold on 26 Jan 2024)
    • The first recorded sale happened at this postcode is , BRAMLEYS NORTH LANE: £880,000 (Sold on 19 Jan 2016)
  • Detached
    • The average price is around £471,860 median price is £391,500 Standard Deviation is £378,516 with Total Sold: 104
    • The Last 5 Year average price is £898,036 with Total Sold: 14
    • The most recent sale happened at this postcode is , LEAVERS NORTH LANE: £2,300,000 (Sold on 15 Dec 2023)
    • The first recorded sale happened at this postcode is 2, THE OLD SCHOOL HOUSE THE STREET: £126,000 (Sold on 03 Mar 1995)
  • Flat
    • The average price is around £208,667 median price is £200,000 Standard Deviation is £66,646 with Total Sold: 9
    • The Last 5 Year average price is £200,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 34 WARREN SIDE: £200,000 (Sold on 22 Aug 2022)
    • The first recorded sale happened at this postcode is , 5 THE SQUARE: £170,000 (Sold on 18 Jan 2002)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£645,0002
2023£403,750 £3,839 4
2022£642,500 £4,381 2
2021£566,667 £5,115 3
2020£355,000 £3,455 2
2019£455,000 £3,205 3
2017£426,000 £4,226 5
2016£518,750 £3,399 4
2015£377,500 £3,487 4
2014£307,000 £3,198 4
2013£301,667 £3,440 3
2012£421,667 £3,877 3
2011£360,833 £3,123 3
2009£175,000 £2,500 1
2008£391,875 £3,012 4
2007£238,333 £3,151 3
2006£242,143 £2,399 7
2005£332,500 £3,038 2
2004£186,000 £2,514 1
2003£184,317 £2,309 3
2002£139,375 £2,237 4
2001£114,655 £1,275 4
2000£170,000 £1,796 2
1999£163,500 £1,225 2
1998£126,750 £1,392 4
1997£90,840 £1,067 10
1996£95,0002
1995£85,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£457,5002
2023£560,375 £4,679 4
2022£592,500 £5,818 2
2021£406,800 £3,804 5
2020£320,000 £4,572 2
2019£357,458 £4,555 6
2018£375,500 £3,895 7
2017£365,812 £3,812 8
2016£426,833 £4,460 6
2015£318,300 £3,588 5
2014£249,900 £3,022 5
2013£282,667 £3,396 3
2012£330,000 £3,300 1
2011£362,500 £3,385 2
2010£226,250 £2,494 2
2009£252,500 £2,738 4
2007£245,000 £4,048 1
2006£258,333 £2,885 3
2005£224,0003
2004£112,0001
2003£211,500 £2,441 3
2002£129,975 £1,689 2
2001£189,000 £2,012 5
2000£152,750 £1,595 2
1999£133,005 £1,367 5
1998£119,2504
1997£76,250 £855 2
1996£95,000 £669 1
1995£82,7502
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,335,0001
2022£625,000 £11,364 1
2021£765,000 £6,510 1
2017£765,0002
2016£765,500 £3,722 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,231,667 £4,533 3
2022£965,000 £5,581 3
2021£777,000 £5,624 5
2020£699,167 £4,016 3
2019£611,667 £3,274 3
2018£375,000 £3,749 5
2017£571,667 £4,442 3
2016£880,000 £3,271 1
2015£603,333 £5,074 3
2014£758,526 £4,334 5
2013£563,750 £2,786 2
2012£490,000 £1,892 1
2011£913,333 £3,756 3
2010£414,500 £2,518 4
2009£694,700 £2,706 2
2008£242,000 £2,547 1
2007£506,250 £3,748 4
2006£627,500 £3,486 2
2005£431,000 £2,585 3
2004£426,000 £2,416 4
2003£640,754 £4,196 5
2002£173,333 £2,065 3
2001£547,500 £1,977 2
2000£221,333 £1,779 3
1999£205,475 £1,399 12
1998£187,625 £1,671 4
1997£113,033 £1,042 7
1996£165,835 £1,202 5
1995£116,667 £1,027 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£200,000 £2,410 1
2019£215,000 £2,688 1
2017£315,000 £3,012 1
2016£182,500 £2,281 1
2008£133,000 £1,662 1
2007£285,000 £2,725 1
2006£272,500 £2,606 1
2002£137,500 £1,469 2

House Type in GU31 5BD area

The most common house types in the GU31 5BD postcode area are Detached (56), Semi-detached (48), and Terraced (19).

Total128
Detached56
Semi-detached48
Terraced19
Flat5
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 (76), and Owned: Owns with a mortgage or loan (34).

Owned: Owns outright76
Owned: Owns with a mortgage or loan34
Private rented: Private landlord or letting agency12
Social rented: Other social rented4
Private rented: Other private 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 GU31 5BD have 1 person in household (47), and 2 people in household (45).

1 person in household47
2 people in household45
4 people in household18
3 people in household16
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0