Longacres Way, Chichester, PO20
PU

Longacres Way, Chichester, PO20

By Purplebricks

£ 100,000

Reviews

3 out of 5 stars

Purplebricks says ..

SHARED OWNERSHIP 40% SHARE. FULL MARKET VALUE £250,000. A purpose built 2 double bedroom first floor apartment constructed in 2019 situated in this popular modern development on the outskirts of Chichester with open views to the front. Internal accommodation is well laid out and offers a 21ft x...

Property Oracle says ..

The property is a 2-bedroom flat located in Longacres Way, Chichester, West Sussex. The flat is modern in design and appears to be in excellent condition based on the provided images. The kitchen and bathroom are contemporary and well-maintained. The living area is spacious and benefits from plenty of natural light. Considering the average price per square foot in the area is £340, and this property is listed at £100,000 with 588.36 sqft, the price per sqft is approximately £170. This represents a significant discount compared to the area average. However, it’s important to note that the average price and sqft data may not fully reflect the specific value of this property due to differences in property type and condition. Nearby comparable properties show a range of prices, with some significantly higher, suggesting the list price could be undervalued, potentially due to the smaller size of the flat compared to other properties in the area. The location is within reasonable proximity to Chichester city centre and benefits from nearby transportation links, including Chichester train station approximately 3.58km away. Several schools are also within a reasonable distance, although the quality of these schools would require further investigation. The property itself appears to be part of a modern development, and the surrounding area seems well-maintained. There is limited information on the plot size, which is listed as 728 sqft. While this is not a large plot, it is sufficient for the property type. In summary, the property presents as a well-maintained, modern flat in a convenient location. The list price appears to be significantly lower than the average price per sqft for the area, but this may be due to the smaller size of the property and differences in property type. Further investigation into the specific details of the local market and the quality of nearby schools would provide a more comprehensive assessment.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
10
Location
7
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
588.36
Lot (est)
728.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
508,125.00 £
Increased by 2.57 %
from 495,385.00 £
Est sale value
270,057.24 £
Decreased by 2.75 %
from 277,705.92 £
Average area rental value
1,813.00 £/mo
Increased by 17.27 %
from 1,546.00 £/mo
Est letting value
588.36 £/mo
Unchanged by 0.00 %
from 588.36 £/mo
Est rental Yield
4.28 %
Increased by 14.44 %
from 3.74 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Purplebricks created the listing.

Nearby Schools

NameTypeOfstedDistance
Westbourne House SchoolOther Independent School1.17 KM
The March Cofe Primary SchoolAcademy Converter1.17 KM
Portfield Primary AcademyAcademy Sponsor LedGood1.42 KM
Chichester Nursery SchoolLocal Authority Nursery SchoolGood1.52 KM
Chichester Children And Family CentreChildren's Centre1.52 KM

Images

Outside Lounge / Kitchen Outside Lounge / Kitchen Lounge / Kitchen Lounge / Kitchen Lounge / Kitchen Lounge / Kitchen Lounge / Kitchen Lounge / Kitchen Bedroom Bedroom Bedroom Bedroom Bathroom

Nearby Streets

NameAverage PriceAverage SqftDistance
B2144 £ 220,00000.00 KM
Bankside £ 620,00000.00 KM
Western Road £ 399,99900.00 KM
Yorkstone Close £ 000.00 KM
Ironstone Way £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Chichester5255CCH3.58 KM
Fishbourne (Sussex)5261FSB7.14 KM

Nearby Listings

AddressPriceTypeScoreDistance
Longacres Way, Shopwhyke Lakes, PO20 £ 106,000BUY7 / 100.00 KM
Longacres Way, Tangmere, Chichester, West Sussex £ 265,000BUY5 / 100.00 KM
Longacre House, Longacres Way, PO20 £ 102,000BUY7 / 100.00 KM
Longacres Way, Chichester, PO20 £ 100,000BUY7 / 100.00 KM
Longacres Way, Tangmere, Chichester, West Sussex £ 93,000BUY5 / 100.00 KM

Nearby Properties

AddressPriceDistance
33 Longacres Way £ 367,0000.19 KM
11 Longacres Way £ 280,0000.21 KM
8 Shopwhyke Road £ 310,0000.28 KM
5 Shopwhyke Road £ 85,5000.28 KM
Ottery House £ 345,0000.28 KM