House prices in PO20 0 (Selsey)

This article reveals price per square metre data and various charts to help you understand current housing market in 'PO20 0' (Selsey) - statistics were last calculated on 04 October 2024.


Defining 'PO20 0'

This analysis is limited to properties whose postcode starts with "PO20 0", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Selsey.

You can click on the map to change sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in Selsey is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. 2, Merryfield Drive, Selsey, sold for £300,000 on Jul-2024. Given the internal area of 65 square metres, the price per sqm is £4,615.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £4,250-£4,500, £4,500-£4,750, £4,750-£5,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 224 sales in Selsey (PO20 0) that took place in the last two years.

Distribution of £ per sqm for Selsey
Distribution of £ per sqm house prices in Selsey

Generate a custom chart like the one above but based on your own criteria.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Selsey (PO20 0). Of the 224 transactions, half were sold for between £3,480 and £5,000 per square metre. The median, or 'middle', price per square metre in 'PO20 0' is £4,200. Notably, only 25% of properties that sold recently were valued at more than £5,000 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Selsey

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Selsey. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

Property price heatmap for Selsey
House price heatmap for Selsey

Comparison with neighbouring postcode sectors

The table below shows how 'PO20 0' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
PO20 1 Hunston £3,310 sqm £3,960 sqm £4,580 sqm
PO20 2 Tangmere £3,560 sqm £4,150 sqm £4,630 sqm
PO20 7 Birdham £4,230 sqm £4,950 sqm £6,590 sqm
PO20 8 Bracklesham Bay £4,430 sqm £5,160 sqm £6,170 sqm
PO20 0 Selsey £3,480 sqm £4,200 sqm £5,000 sqm
PO20 3 Westergate £3,590 sqm £4,020 sqm £4,410 sqm
PO20 9 Selsey £3,070 sqm £3,710 sqm £4,360 sqm

Will Selsey house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for PO20 0 (Selsey) compared with both the wider area PO20 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Historic price per square metre in Selsey,Selsey
House price trends for Selsey

Download time series data as CSV (paying users only).

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Most recent PO20 0 sales
Recent trends for Selsey

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Selsey to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Selsey and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street Avg size Avg £sqm Recent sales
Manor Road, Selsey, PO20 0S 100 sqm £3,329 16
Hunnisett Close, Selsey, PO20 0F 132 sqm £2,805 14
Fontwell Road, Selsey, PO20 0P 82 sqm £4,039 12
Hillfield Road, Selsey, PO20 0L 100 sqm £3,308 12
Merryfield Drive, Selsey, PO20 0D 66 sqm £4,600 12
Drift Road, Selsey, PO20 0P 71 sqm £4,492 12
Grafton Road, Selsey, PO20 0J 106 sqm £4,599 12
Manor Lane, Selsey, PO20 0N 74 sqm £4,158 12

Search for your street here.

Raw data

Our analysis of Selsey is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid sqm £/sqm
2, Merryfield Drive, Selsey £300,000
Jul-2024
65 4,615
11, Domehouse Close, Selsey £345,000
Jul-2024
67 5,149
74, Beach Rd, Selsey £380,000
Jul-2024
84 4,523

See the entire list of all sales in Selsey (PO20 0) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.