According to the public record, 3, Pound Street, Petworth is a Leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 583 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Pound Street, Petworth, GU28 is located in the borough of Chichester within the GU28 postal district.
3, Pound Street, Petworth has a single entry in the Land Registry database from June 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 3 Pound Street Petworth as £399,030 and the rental value as £1,530 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 3 Pound Street Petworth has increased by £11,452 (2.9%) and its rental value has increased by £90 per month (5.9%).
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, Pound Street, Petworth is in very good condition we estimate a sale value of £418,982 and rental value of £1,606 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £371,098 and a rental value of £1,423 per month.
If you were able to purchase this property for the estimated value of £399,030, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,961 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, Pound Street, Petworth was last sold on 04 Jun 2007 for £130,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2007, the market for similar properties has risen 36.6%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 4.1 kilometres radius of 3, Pound Street, Petworth over the last 2 years.
The most recent example is The Wall House, Pound Street, Petworth, GU28 0DX, a Freehold house which sold for £1,850,000 in Aug 2022.
Read more about house prices in GU28.
Pound Street, Petworth, GU28 has a total of 19 addresses. According to our analysis of all the public data, 3, Pound Street, Petworth is the 18th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £201k less expensive than the average property in GU28.
The closest station to 3, Pound Street, Petworth is Pulborough station which is 7.3 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 3, Pound 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, Pound 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, Pound 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, Pound 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, Pound 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.