Midhurst Property Market News & Insights | West Sussex

This page provides regular updates, local insights, and expert commentary to help buyers and sellers make informed decisions.
Whether you’re considering selling your home or looking to buy in the area, understanding the market is key.

Midhurst Property Market Overview
The property market in Midhurst and the surrounding villages continues to show strong demand, particularly for character homes, country properties, and homes within the South Downs National Park.
Buyer demand remains driven by:
Lifestyle-led moves from London and the South East
Demand for countryside living and outdoor space
Limited supply of high-quality homes

Latest Property Market Updates
April 2026 Update
Listings YTD: 322,000 new properties have come to market, slightly ahead of 2025 levels and significantly above long-term averages.
Sales Agreed: 219,000 homes sold subject to contract, showing resilience despite wider economic conditions.
👉 What this means locally:
In Midhurst and surrounding villages, well-presented homes continue to attract strong interest, particularly those priced correctly from launch.

March 2026 Update
Ongoing market stability with steady buyer demand
Increased sensitivity to pricing
Strong competition for well-positioned homes
👉 Local insight:
Homes in prime village locations such as Lodsworth, Cocking, and Easebourne continue to outperform the wider market.

What This Means for Sellers
If you’re thinking of selling in Midhurst or the surrounding villages:
Pricing strategy is more important than ever
First impressions (photography, marketing) are critical
Demand is still strong for the right homes
Well-positioned properties are still achieving excellent results.

What This Means for Buyers
For buyers, the current market presents opportunity:
More choice compared to recent years
Greater negotiating power in some cases
Continued competition for the best homes
Acting decisively remains key for desirable properties.

Local Property Expertise in Midhurst
As a Personal Agent for TAUK, I provide tailored advice, local knowledge, and a hands-on approach to selling property across Midhurst and the surrounding villages.

Thinking of Selling or Buying?
If you would like an up-to-date valuation or advice on the Midhurst property market, get in touch today.
👉 Christian Budd – Personal Agent for TAUK

Property Blog

1st April 2026

Lawyers file £1.5bn legal claim against Rightmove on behalf of estate agents

Nationwide: Iran war likely to impact on the UK housing market

13th March, 2026

🟩 Listings YTD

322k new properties have come onto the market YTD , 1% ahead of 2025, 9% above 2024, and 20% higher than the 2017–19 average.

🟩 Gross Sales YTD

219k UK homes sold STC YTD , 5.7% lower than 2025, 9% higher than 2024 and 18% above pre Covid norms.

🟩 Net Sales YTD 

171k UK net home sales YTD (Net Sales being Gross sales less Fall Throughs). 4.5% lower than 2025, 8.6% ahead of 2024, 25.3% ahead of 2023 and 15% above the 2017–19 average.

🟥 Overvaluing

47.5% of the homes that left UK Estate Agents books in February were withdrawn unsold. Main cause – blatant overvaluing supported by long sole agency agreements of 20+ weeks.

Detailed Breakdown …

 New Listings

+ 40.2k new properties came onto market this week (up as expected & inline with wk 9 long term trends) from 36.8k last week.

+ 2025 weekly average: 30.6k.

+ 10-year week 9 average : 35.3k.

 Price Reductions

+ 25.5k reductions this week, up from 20.9k last week

+ 11.4% of resi homes for sale were reduced in February. Feb 25 – 12%.   Feb 24 – 11.5%

+ 2025 average was 12.8%, versus the 6-year long-term average of 10.7%.

 Sales Agreed

+ 25.6k homes sold stc this week 9, down slightly from 26.6k last week.

+ Week 9 average (for last 10 years) : 25.9k

+ 2026 weekly average : 24.2k.

 Sell-Through Rate 

+ 15.4% of homes on agents’ books went SSTC in February ’26. (Feb ’25 – 16.1% / Feb ’24 – 16.7%)

+ Pre-Covid average: 15.5%.

 Price Difference between Listings & Sales

+ 21.6% difference (long term 10 year average is 16% to 17%).  (£439k ave Listing Ave Asking price vs £361k Sale Agreed ave. asking price).

 Fall-Throughs

+ 5,516 fall-throughs last week (pipeline of 434k home Sold STC).

+ Weekly average for 2025: 6,100.

+ Fall-through rate (Fall thru expressed as a % of the Gross sales that week): 21.5%, down from 19.9% last week.

+ Long-term average: 24.2% (post-Truss chaos saw levels exceed 40%).

+ 4.9% of all the sales agreed in Estate Agent’s Sales pipelines fell thru in February 2026. 2025 average – 5.3% & 10 year average – 5.8%).

 Net Sales

+ 20k Net Sales, up slightly from 21.3k last week

+ Ten-year Week 9 average: 20.7k.

+ Weekly average for 2026: 19k.

+ Weekly average for the whole of 2025: 18.8k.

✅Probability of Selling (% that Exchange vs withdrawal)

+ Feb ’26  Stats : 52.5% of homes that left agents’ books exchanged & completed in Feb. (Note this figure will change throughout the month as more Feb stats come in).

+ 57.6% is the 7 year average (which includes the crazy years post lockdown 18 months).

 House Prices (£/sq.ft)

+ February ’26  agreed sales averaged £343.36 per sq.ft. 2.3% higher than 12 months ago (£335.63) and 18.2% than 5 years ago (£290.43). The £/sqft at sale agreed matches the HM Land Registry Index with a 98% accuracy, 5 months in advance. That is why it is so important.

 Stock Levels 

+ 682k homes on the market on the 1st of March ’26. (675k – 1st March 25)

+ 434k homes in agent’s sales pipeline on the 1st March 2026, slightly lower than 12 months ago on 1st March ’25 (444k).

 UK Rental Data

+ Average Rent in Feb 2026 – £1,711 pcm (£1,745 in Feb 25)

+ 305k UK Rental Stock available to rent in Feb 26 (310k in Feb 2025)

The prospect of lower mortgage costs may be getting further away due to the Iran conflict, Halifax has warned.

It comes as the latest Halifax House Price Index for February showed monthly house price growth slowed to 0.3% from 0.8% in January but was at a four month high annually of 1.3%.

This put average UK house prices at £301,151.

Amanda Bryden, head of mortgages at Halifax, said: “These latest figures suggest the market has regained some momentum after a softer end to 2025. While industry data for January show a slight easing in new mortgage approvals, overall activity has continued to prove resilient. 

“There’s no doubt that affordability remains stretched, supply is constrained, and regional disparities persist. For those without family support, the path to home ownership feels particularly challenging. 

“However, conditions have been gradually improving, with easing interest rates and real wage growth helping to support buyer confidence. As ever, timely and expert advice remains key to helping more people achieve their goal of stepping onto the property ladder. “Looking ahead, geopolitical uncertainties seem set to influence the outlook for inflation and the wider economy. Against that backdrop, markets are now anticipating a more gradual path for interest‑rate reductions. If realised, the speed at which borrowing costs ease may be tempered.”

Commenting on the index, Tom Bill, head of UK residential research at Knight Frank, said: “Momentum in the housing market had been rebuilding after November’s Budget and the outlook for mortgages was brighter only a week ago. 

“However, a prolonged conflict in the Middle East would dampen sentiment and delay rate cuts due to rising inflation, which would put downwards pressure on prices. 

“That said, we have seen how quickly interest rate expectations can change this year, and the underlying weakness in the jobs market is one of several reasons that multiple cuts could come back onto the table in 2026, which would support demand. A lot hinges on the length of the conflict.”