According to the public record, 3, New Street, Petworth is a period freehold house with 870 ft2 of internal area and sits on a 127 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
New Street, Petworth, GU28 is located in the borough of Chichester within the GU28 postal district.
3, New Street, Petworth has 31 entries in the Land Registry database, most recently in July 2016 and a single entry in the EPC database dated October 2008.
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 New Street Petworth as £493,180 and the rental value as £1,588 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 3 New Street Petworth has increased by £10,735 (2.2%) and its rental value has increased by £82 per month (5.1%).
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, New Street, Petworth is in very good condition we estimate a sale value of £517,839 and rental value of £1,667 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £458,657 and a rental value of £1,477 per month.
If you were able to purchase this property for the estimated value of £493,180, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,424 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, 3, New Street, Petworth sits on a plot of 127m2.
We have plot size data on 7 out of 13 other houses in the postcode and 3, New Street, Petworth sits on the 3rd largest plot.
According to HM Land Registry, 3, New Street, Petworth was last sold on 19 Jul 2016 for £375,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jul 2016, the market for similar properties has risen 20.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, New Street, Petworth within a radius of 4.1 kilometres over the last 2 years.
The most recent example is 330, Grove Street, Petworth, GU28 0BD, a Freehold house which sold for £461,250 in Oct 2020.
Read more about house prices in GU28.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Street, Petworth, GU28 has a total of 16 addresses. According to our analysis of all the public data, 3, New Street, Petworth is the 9th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £106k less expensive than the average property in GU28.
3, New Street, Petworth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Oct 2008.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 3, New Street, Petworth is Pulborough station which is 7.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, New Street, Petworth, 43.6% of property is privately owned outright and 30.7% 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 3, New Street, Petworth, 8.8% of residents are recorded as possessing school level qualifications and 45.3% 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, New Street, 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 3, New Street, Petworth, 1.8% 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, New Street, Petworth, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.