According to the public record, 5, Lower Mead, Petersfield is a mid-century freehold house with 1,262 ft2 of internal area and sits on a 270 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Lower Mead, Petersfield, GU31 is located in the borough of East Hampshire within the GU31 postal district.
5, Lower Mead, Petersfield has a single entry in the Land Registry database from October 2011 and a single entry in the EPC database dated April 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 5 Lower Mead Petersfield as £699,554 and the rental value as £2,141 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 5 Lower Mead Petersfield has increased by £4,437 (0.6%) and its rental value has increased by £118 per month (5.5%).
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 5, Lower Mead, Petersfield is in very good condition we estimate a sale value of £734,532 and rental value of £2,248 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £650,585 and a rental value of £1,991 per month.
If you were able to purchase this property for the estimated value of £699,554, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,438 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, 5, Lower Mead, Petersfield sits on a plot of 270m2.
We have plot size data on 29 out of 49 other houses in the postcode and 5, Lower Mead, Petersfield sits on the 27th largest plot.
According to HM Land Registry, 5, Lower Mead, Petersfield was last sold on 27 Oct 2011 for £312,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2011, the market for similar properties has risen 52.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Lower Mead, Petersfield within a radius of 860 metres over the last 2 years.
The most recent example is 23, Heathfield Road, Petersfield, GU31 4DG, a Freehold house which sold for £725,000 in Jul 2023.
Read more about house prices in GU31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lower Mead, Petersfield, GU31 has a total of 49 addresses. According to our analysis of all the public data, 5, Lower Mead, Petersfield is the 35th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £112k more expensive than the average property in GU31.
5, Lower Mead, Petersfield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Apr 2011.
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 5, Lower Mead, Petersfield is Petersfield station which is 1.6 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 5, Lower Mead, Petersfield, 65.1% of property is privately owned outright and 33.3% is privately owned with a mortgage.
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 5, Lower Mead, Petersfield, 20.1% of residents are recorded as possessing school level qualifications and 55.8% 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 5, Lower Mead, 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 5, Lower Mead, Petersfield, 1.3% 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 5, Lower Mead, Petersfield, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.