According to the public record, 1 The Terrace, Petworth is a period freehold house with 527 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Upperton, Petworth, GU28 is located in the borough of Chichester within the GU28 postal district.
1 The Terrace, Petworth has a single entry in the Land Registry database from April 2023 and a single entry in the EPC database dated September 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 The Terrace Petworth as £208,266 and the rental value as £897 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 1 The Terrace Petworth has increased by £4,917 (2.4%) and its rental value has increased by £48 per month (5.4%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1 The Terrace, Petworth is in very good condition we estimate a sale value of £218,679 and rental value of £942 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £193,687 and a rental value of £834 per month.
If you were able to purchase this property for the estimated value of £208,266, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,024 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 1 The Terrace, Petworth was last sold on 28 Apr 2023 for £200,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2023, the market for similar properties has risen 2.9%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 3.7 kilometres radius of 1 The Terrace, Petworth over the last 2 years.
The most recent example is Well Cottage, Petworth, GU28 9BQ, a Leasehold flat which sold for £490,000 in Jul 2023.
Read more about house prices in GU28.
Upperton, Petworth, GU28 has a total of 37 addresses. According to our analysis of all the public data, 1 The Terrace, Petworth is the 33rd largest and the 35th most expensive property on the street.
When compared to the postcode district it is £391k less expensive than the average property in GU28.
1 The Terrace, Petworth has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 07 Sep 2022.
The property is not connected to mains gas and has single glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to 1 The Terrace, Petworth is Pulborough station which is 9.4 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1 The Terrace, Petworth, 43.3% of property is privately owned outright and 33.9% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1 The Terrace, Petworth, 14.3% of residents are recorded as possessing school level qualifications and 43.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1 The Terrace, Petworth, the average age was 47.9 and the most common age was 57.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1 The Terrace, Petworth, 3.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1 The Terrace, Petworth, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.