According to the public record, 53, Meon Close, Petersfield is a modern leasehold apartment with 250 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Meon Close, Petersfield, GU32 is located in the borough of East Hampshire within the GU32 postal district.
53, Meon Close, Petersfield has 41 entries in the Land Registry database, most recently in February 2013 and a single entry in the EPC database dated July 2010.
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 53 Meon Close Petersfield as £126,202 and the rental value as £640 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 53 Meon Close Petersfield has increased by £3,125 (2.5%) and its rental value has increased by £45 per month (7.1%).
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 53, Meon Close, Petersfield is in very good condition we estimate a sale value of £132,512 and rental value of £672 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £117,368 and a rental value of £595 per month.
If you were able to purchase this property for the estimated value of £126,202, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £620 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, 53, Meon Close, Petersfield was last sold on 21 Feb 2013 for £120,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Feb 2013, the market for similar properties has risen 48.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, Meon Close, Petersfield within a radius of 530 metres over the last 2 years.
The most recent example is 35, Meon Close, Petersfield, GU32 3DW, a Leasehold flat which sold for £95,000 in Dec 2023.
Read more about house prices in GU32.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Meon Close, Petersfield, GU32 has a total of 56 addresses. According to our analysis of all the public data, 53, Meon Close, Petersfield is the 40th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £389k less expensive than the average property in GU32.
53, Meon Close, Petersfield has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Jul 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric ceiling heating.
The closest station to 53, Meon Close, Petersfield is Petersfield station which is 200 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 53, Meon Close, Petersfield, 34.9% of property is privately owned outright and 33.3% 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 53, Meon Close, Petersfield, 13.0% of residents are recorded as possessing school level qualifications and 38.5% 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 53, Meon Close, 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 53, Meon Close, Petersfield, 0.9% 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 53, Meon Close, Petersfield, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.