According to the public record, 50, Petersfield Road, Midhurst is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 707 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Petersfield Road, Midhurst, GU29 is located in the borough of Chichester within the GU29 postal district.
50, Petersfield Road, Midhurst has a single entry in the Land Registry database from September 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 50 Petersfield Road Midhurst as £471,481 and the rental value as £1,477 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 50 Petersfield Road Midhurst has increased by £11,333 (2.4%) and its rental value has increased by £98 per month (6.6%).
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 50, Petersfield Road, Midhurst is in very good condition we estimate a sale value of £495,055 and rental value of £1,551 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £438,477 and a rental value of £1,374 per month.
If you were able to purchase this property for the estimated value of £471,481, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,317 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, 50, Petersfield Road, Midhurst was last sold on 25 Sep 2007 for £205,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2007, the market for similar properties has risen 60.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50, Petersfield Road, Midhurst within a radius of 730 metres over the last 2 years.
The most recent example is 57, Heathfield Park, Midhurst, GU29 9HL, a Freehold house which sold for £449,160 in Sep 2022.
Read more about house prices in GU29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Petersfield Road, Midhurst, GU29 has a total of 89 addresses. According to our analysis of all the public data, 50, Petersfield Road, Midhurst is the 65th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £128k less expensive than the average property in GU29.
The closest station to 50, Petersfield Road, Midhurst is Liphook station which is 10.2 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 50, Petersfield Road, Midhurst, 60.5% of property is privately owned outright and 27.1% 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 50, Petersfield Road, Midhurst, 14.0% of residents are recorded as possessing school level qualifications and 38.8% 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 50, Petersfield Road, Midhurst, the average age was 47.7 and the most common age was 72.
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 50, Petersfield Road, Midhurst, 1.1% 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 50, Petersfield Road, Midhurst, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.