About £375,000 for the median sale. A flat will run you about £237,000. A detached house about £625,000. Roughly four hundred properties changed hands over the last twelve months. The headline figure tells you very little until you ask what kind of house you are actually buying.
Sale prices split sharply by property type. The typical flat goes for roughly £237,000, a terraced house for about £367,000, a semi-detached for around £420,000, and a detached house for £625,000. The flat-to-detached spread is wider than the property pages let on, which is what happens when a cathedral city carries Victorian cottages, post-war estates, Grade-II townhouses and the occasional barn conversion in the same postcode. Volume over the past year sat at about four hundred sales, which is enough activity that the median means something and not enough to flatten the variation between a one-bed conversion and a four-bedroom detached with a driveway.
Council tax most often sits in band C, with about a fifth of homes in bands A or B. That sounds reassuring until you compare it with the towns Chichester gets benchmarked against, where band C means a different size of bill. The cheap bands here are still cathedral-city bands, not Bognor Regis bands, and the band-A share at about four per cent of homes confirms it.
Rent across the wider Chichester area runs at about £1,320 a month as the typical private rent, up roughly three per cent on the year. That is the local-authority figure rather than the cathedral-city's own quote, so treat it as the area floor rather than a Chichester-specific number. By bedroom count, a one-bed comes in at about £940 a month, a two-bed at about £1,210, a three-bed at about £1,490, and anything with four or more bedrooms at about £2,100. The two-bed-to-three-bed jump is the one most renters end up arguing with their bank manager about.
Set the headline £375,000 against the typical household income of about £58,000 and the ratio comes out at around six and a half times. That is a stretch in the technical sense and a longer stretch in the lived one. It is also the explanation for the median age sitting at forty-two rather than thirty-two: this is a market for people who have done one career already, for two professional incomes pooling resources, for buyers arriving with equity from a sale somewhere more expensive, or for the rare local who has waited long enough. The first-time-buyer-on-one-local-salary version of this market does not really exist, and pretending otherwise is what creates the disappointment.
So: cathedral-postcode pricing, sitting in the band between Winchester and Bognor Regis. About £375,000 for the median, and the property type does the rest of the negotiating. Above-average money for above-average stock, which is exactly what the data says it should be.