Saturday 14 March 2015

The Funtington Property Market

A landlord who has invested in rental properties throughout Chichester asked me about the property market in her home village of Funtington. 

What we found out about the village was quite interesting. The average value of a property in Funtington is £580,800, which is a whopping £242,300 above the average price in the neighboring village of Nutbourne. The most expensive street in Funtington is Five Acres Close, where an average property is worth in excess of £910,000. Clearly the people love living here, as only 3 of the 184 properties in the village were sold in the last 12 months.

The most expensive property was an elegant wing of a Grade II listed renovation in Funtington Hall, which sold for £850,000 in January of this year. Rental properties are few and far between in the area, with only two properties currently listed in the village. However, asking prices for rentals in the PO18 area have been known to reach £10,000pcm.

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