Sold STC Flat

3 RICHARD ROAD

CHICHESTER, WEST SUSSEX PO19 7DF

2 beds 1 baths 1,227 sq ft Listed 7 Aug 2025 (-303d)

£275,000

Guide Price

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Web (NEW) Kitchen Lounge/ Kitchen Bedroom 1 Bedroom 1 Lounge/ Kitchen Lounge/ Kitchen Bedroom 2 Balcony / Terrace Parking (New)

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Property details

Tenure

LEASEHOLD (995 years remaining on lease)

Floor area

114 m²

Council tax band

C

EPC rating

B

Last sold

£272,000 Mar 2026

Price per m²

£2,412/m²

Local average

£272,893 (+0.8%)

Deprivation

Decile 5 (15,762 of 33,755)

Street crime

280 incidents within 1 mile (Mar 2026)

Key features

  • Sold by Cubitt & West
  • Generous two bedroom apartment
  • Modern finish throughout
  • Sought after location
  • Chain free Ideal first buy or investment property
  • Quiet residential setting with allocated parking
  • New Build Warranty until 2032
  • 95 years remaining on lease Annual Service Charge £1395

Additional details

Parking
Allocated
Garden
Communal garden

Description

Smart, spacious and superbly located — this two-bedroom ground-floor apartment is the perfect blend of style and practicality. Set just a short distance from Chichester city centre, it offers bright interiors, generous room sizes, and modern finishes throughout. Whether you're a first-time buyer, investor or looking to downsize without compromise, this home delivers excellent value in a sought-after location.Room sizes:Kitchen Diner: 22'3 x 13'2 (6.79m x 4.02m)Bedroom 1: 11'4 x 10'8 (3.46m x 3.25m)En suiteBedroom 2: 14'0 x 8'9 (4.27m x 2.67m)BathroomBalconyAllocated Parking 
The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
 
We are pleased to offer our customers a range of additional services to help them with moving home. None of these services are obligatory and you are free to use service providers of your choice. Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services. If you choose to use a service provider recommended by Cubitt & West, details of all referral fees can be found at the link below. If you decide to use any of our services, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.

Listed by

Chichester

Arun Estates

Reference: 165447386

EPC Rating & Upgrade Cost

Current rating: B

Potential rating: A

Inspection date: 01/06/2022

Current heating cost: £270/year

Potential heating cost: £271/year

Est. upgrade cost to C: £9,500

Recommendations

  • Solar water heating (£4,000 - £6,000)
  • Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Ground Floor

Ground Floor

EPC Graphs

EPC graph

EPC graph

Price history

3% since 2022

Event Date Price % change
Sold 13/03/2026 (2 months ago) £272,000 +3.4%
Sold 28/02/2022 (4 years ago) £262,995

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
16 CHATSWORTH ROAD, CHICHESTER, WEST SUSSEX, PO19 7XU £110,000 14/07/2023 Flat
Same street 14 RICHARD ROAD, CHICHESTER, WEST SUSSEX, PO19 7DF £346,995 21/04/2023 Terraced
Same street 8 RICHARD ROAD, CHICHESTER, WEST SUSSEX, PO19 7DF £439,995 13/04/2023 Terraced
Same street 6 RICHARD ROAD, CHICHESTER, WEST SUSSEX, PO19 7DF £374,995 10/03/2023 Terraced
Same street 12 RICHARD ROAD, CHICHESTER, WEST SUSSEX, PO19 7DF £392,495 30/01/2023 Terraced
Same street 10 RICHARD ROAD, CHICHESTER, WEST SUSSEX, PO19 7DF £399,995 27/01/2023 Terraced
24 CHATSWORTH ROAD, CHICHESTER, WEST SUSSEX, PO19 7XU £166,000 22/11/2022 Flat
Same street 30 RICHARD ROAD, CHICHESTER, WEST SUSSEX, PO19 7DF £385,495 30/09/2022 Semi-detached
Same street 28 RICHARD ROAD, CHICHESTER, WEST SUSSEX, PO19 7DF £392,995 30/09/2022 Semi-detached
Same street 59 RICHARD ROAD, CHICHESTER, WEST SUSSEX, PO19 7DF £387,495 16/09/2022 Terraced
Same street 61 RICHARD ROAD, CHICHESTER, WEST SUSSEX, PO19 7DF £385,495 19/08/2022 Terraced
Same street 43 RICHARD ROAD, CHICHESTER, WEST SUSSEX, PO19 7DF £392,495 15/07/2022 Terraced
Same street 63 RICHARD ROAD, CHICHESTER, WEST SUSSEX, PO19 7DF £392,495 11/07/2022 Semi-detached
Same street 47 RICHARD ROAD, CHICHESTER, WEST SUSSEX, PO19 7DF £389,995 30/06/2022 Terraced
Same street 5 RICHARD ROAD, CHICHESTER, WEST SUSSEX, PO19 7DF £214,995 27/06/2022 Flat
Same street 31 RICHARD ROAD, CHICHESTER, WEST SUSSEX, PO19 7DF £274,995 24/06/2022 Flat
Same street 65 RICHARD ROAD, CHICHESTER, WEST SUSSEX, PO19 7DF £384,995 23/06/2022 Semi-detached
31 WOODS ROAD, CHICHESTER, WEST SUSSEX, PO19 7DD £274,995 29/04/2022 Flat
21 RICHARD ROAD, CHICHESTER, WEST SUSSEX, PO19 7DF £217,995 11/04/2022 Flat
25 RICHARD ROAD, CHICHESTER, WEST SUSSEX, PO19 7DF £269,995 07/04/2022 Flat
27 RICHARD ROAD, CHICHESTER, WEST SUSSEX, PO19 7DF £214,995 28/03/2022 Flat
29 RICHARD ROAD, CHICHESTER, WEST SUSSEX, PO19 7DF £264,995 28/03/2022 Flat
23 RICHARD ROAD, CHICHESTER, WEST SUSSEX, PO19 7DF £264,995 28/03/2022 Flat
35 RICHARD ROAD, CHICHESTER, WEST SUSSEX, PO19 7DF £262,995 25/03/2022 Flat
37 RICHARD ROAD, CHICHESTER, WEST SUSSEX, PO19 7DF £269,995 25/03/2022 Flat
9 RICHARD ROAD, CHICHESTER, WEST SUSSEX, PO19 7DF £262,995 28/02/2022 Flat
1 RICHARD ROAD, CHICHESTER, WEST SUSSEX, PO19 7DF £262,995 18/02/2022 Flat
17 RICHARD ROAD, CHICHESTER, WEST SUSSEX, PO19 7DF £262,995 31/01/2022 Flat
11 RICHARD ROAD, CHICHESTER, WEST SUSSEX, PO19 7DF £209,995 28/01/2022 Flat
7 RICHARD ROAD, CHICHESTER, WEST SUSSEX, PO19 7DF £262,995 28/01/2022 Flat
19 RICHARD ROAD, CHICHESTER, WEST SUSSEX, PO19 7DF £209,995 28/01/2022 Flat
15 RICHARD ROAD, CHICHESTER, WEST SUSSEX, PO19 7DF £262,995 28/01/2022 Flat
BARTHOLOMEWS TERRACE 1 CHATSWORTH ROAD, CHICHESTER, WEST SUSSEX, PO19 7DE £269,995 22/11/2021 Flat
BARTHOLOMEWS TERRACE 6 CHATSWORTH ROAD, CHICHESTER, WEST SUSSEX, PO19 7DE £269,995 05/11/2021 Flat
BARTHOLOMEWS TERRACE 3 CHATSWORTH ROAD, CHICHESTER, WEST SUSSEX, PO19 7DE £269,995 05/11/2021 Flat

Street average: £370,395 (15 sales)

Area average: £243,096 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 18.8%
10y growth 25.6%

House Price Index (HM Land Registry — official index, not sold-price averages): Chichester. Series: Flats and maisonettes. As of March 2026.

1y (index) -8.8%
5y (index) -5.5%
10y (index) 8.7%

Rental Range

Estimated market rent for Chichester. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,190/mo
Realistic £1,322/mo
Optimistic £1,454/mo

Based on Local Authority from postcode lookup → Chichester.

LHA (30th percentile) floor for Chichester: £947/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Florence Road 0.1 miles
Shop Magnet 0.1 miles
Shop Freestyle 0.1 miles
Train station Chichester 1.1 miles
Hospital Connolly House 1.3 miles
Train station Fishbourne 2.6 miles
University University of Chichester (Bognor Campus) 5.1 miles
Hospital Elmleigh Hospital 9.7 miles

Street-level crime

Category Count
Shoplifting 75
Anti-social behaviour 65
Violence and sexual offences 63
Public order 25
Criminal damage and arson 16
Other theft 9
Vehicle crime 7
Burglary 5
Possession of weapons 4
Bicycle theft 3
Drugs 3
Robbery 3
Other crime 2
Total incidents 280

Within 1 mile during Mar 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Rumboldswhyke CofE Primary School Primary 0.3 miles Good — 9 Oct 2023
Chichester Nursery School Nursery 0.5 miles Good — 2 Mar 2015
Portfield Primary Academy Primary 0.5 miles Good — 15 Sep 2016
Kingsham Primary School Primary 0.7 miles Good — 1 Mar 2020
Chichester High Schools Sixth Form Other 0.8 miles (No rating)

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Mobile Home, Bognor Rd, PO19 £900/mo 2 0.11 miles OpenRent
2 Bed Semi-Detached House, Osborne Crescent, PO19 £1,350/mo 2 0.19 miles OpenRent
2 Bed Flat, Bewick Gardens, PO19 £1,300/mo 2 0.82 miles OpenRent

Average rent: £1,183/mo (3 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.47%
Max investor price (0.8%) £162,500
Target investor price (1%) £130,000
Gross yield 5.7%
Cost-to-rent ratio 17.6×
Monthly cashflow £62/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 0.9%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).