According to the public record, 14, Merritts Meadow, Petersfield is a modern leasehold house with 1,453 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Merritts Meadow, Petersfield, GU31 is located in the borough of East Hampshire within the GU31 postal district.
14, Merritts Meadow, Petersfield has a single entry in the Land Registry database from August 2013 and a single entry in the EPC database dated August 2011.
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 14 Merritts Meadow Petersfield as £712,635 and the rental value as £2,068 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of 14 Merritts Meadow Petersfield has increased by £4,046 (0.6%) and its rental value has increased by £111 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 14, Merritts Meadow, Petersfield is in very good condition we estimate a sale value of £748,266 and rental value of £2,171 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £662,750 and a rental value of £1,923 per month.
If you were able to purchase this property for the estimated value of £712,635, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,502 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, 14, Merritts Meadow, Petersfield was last sold on 20 Aug 2013 for £420,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Aug 2013, the market for similar properties has risen 49.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, Merritts Meadow, Petersfield within a radius of 560 metres over the last 2 years.
The most recent example is 9, Grenehurst Way, Petersfield, GU31 4AZ, a Freehold house which sold for £800,000 in Nov 2023.
Read more about house prices in GU31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merritts Meadow, Petersfield, GU31 has a total of 16 addresses. According to our analysis of all the public data, 14, Merritts Meadow, Petersfield is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £125k more expensive than the average property in GU31.
14, Merritts Meadow, Petersfield has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Aug 2011.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler with both radiators and underfloor heating.
The closest station to 14, Merritts Meadow, Petersfield is Petersfield station which is 500 metres 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 14, Merritts Meadow, Petersfield, 42.9% of property is socially rented and 24.1% is privately owned outright.
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 14, Merritts Meadow, Petersfield, 18.2% of residents are recorded as possessing school level qualifications and 35.5% 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 14, Merritts Meadow, Petersfield, the average age was 46.1 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 14, Merritts Meadow, Petersfield, 0.9% 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 14, Merritts Meadow, Petersfield, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.