According to the public record, 2, Drum Lane, Petersfield is a modern freehold house with 548 ft2 of internal area and sits on a 71.3 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Drum Lane, Petersfield, GU32 is located in the borough of East Hampshire within the GU32 postal district.
2, Drum Lane, Petersfield has a single entry in the Land Registry database from January 2016 and a single entry in the EPC database dated March 2014.
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 2 Drum Lane Petersfield as £268,500 and the rental value as £1,323 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 2 Drum Lane Petersfield has increased by £4,856 (1.8%) and its rental value has increased by £84 per month (6.4%).
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 2, Drum Lane, Petersfield is in very good condition we estimate a sale value of £281,925 and rental value of £1,390 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £249,705 and a rental value of £1,231 per month.
If you were able to purchase this property for the estimated value of £268,500, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,320 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 data from HM Land Registry, 2, Drum Lane, Petersfield sits on a plot of 71m2.
According to HM Land Registry, 2, Drum Lane, Petersfield was last sold on 08 Jan 2016 for £217,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2016, the market for similar properties has risen 22.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Drum Lane, Petersfield within a radius of 490 metres over the last 2 years.
The most recent example is 28, Balmoral Way, Petersfield, GU32 2HE, a Freehold house which sold for £305,000 in Dec 2022.
Read more about house prices in GU32.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Drum Lane, Petersfield, GU32 has a total of 3 addresses. According to our analysis of all the public data, 2, Drum Lane, Petersfield is the 2nd largest and the most expensive property on the street.
When compared to the postcode district it is £247k less expensive than the average property in GU32.
2, Drum Lane, Petersfield has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Mar 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 2, Drum Lane, Petersfield is Petersfield station which is 200 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 2, Drum Lane, Petersfield, 54.3% of property is privately rented and 22.8% 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 2, Drum Lane, Petersfield, 5.2% of residents are recorded as possessing school level qualifications and 32.0% 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 2, Drum Lane, Petersfield, the average age was 42.6 and the most common age was 37.
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 2, Drum Lane, Petersfield, 1.9% 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 2, Drum Lane, Petersfield, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.