According to the public record, 3, Luker Drive, Petersfield is a modern leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Luker Drive, Petersfield, GU31 is located in the borough of East Hampshire within the GU31 postal district.
3, Luker Drive, Petersfield has 31 entries in the Land Registry database, most recently in November 2015 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 3 Luker Drive Petersfield as £263,364 and the rental value as £1,256 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 3 Luker Drive Petersfield has increased by £6,317 (2.4%) and its rental value has increased by £91 per month (7.3%).
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 3, Luker Drive, Petersfield is in very good condition we estimate a sale value of £276,532 and rental value of £1,319 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £244,928 and a rental value of £1,168 per month.
If you were able to purchase this property for the estimated value of £263,364, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,294 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, 3, Luker Drive, Petersfield was last sold on 18 Nov 2015 for £250,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2015, the market for similar properties has risen 15.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Luker Drive, Petersfield within a radius of 780 metres over the last 2 years.
The most recent example is 9, Luker Drive, Petersfield, GU31 4SN, a Leasehold flat which sold for £282,000 in Jan 2023.
Read more about house prices in GU31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Luker Drive, Petersfield, GU31 has a total of 17 addresses. According to our analysis of all the public data, 3, Luker Drive, Petersfield is the 17th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £324k less expensive than the average property in GU31.
3, Luker Drive, Petersfield has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Sep 2022.
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 3, Luker Drive, Petersfield is Petersfield station which is 900 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 3, Luker Drive, Petersfield, 31.9% of property is privately owned with a mortgage and 24.4% 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 3, Luker Drive, Petersfield, 14.7% of residents are recorded as possessing school level qualifications and 47.3% 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 3, Luker Drive, 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 3, Luker Drive, Petersfield, 0.0% 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 3, Luker Drive, Petersfield, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.