According to the public record, 60, Drum Mead, Petersfield is a modern leasehold apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Drum Mead, Petersfield, GU32 is located in the borough of East Hampshire within the GU32 postal district.
60, Drum Mead, Petersfield has 21 entries in the Land Registry database, most recently in June 2017 and a single entry in the EPC database dated August 2022.
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 60 Drum Mead Petersfield as £203,099 and the rental value as £977 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 60 Drum Mead Petersfield has increased by £4,371 (2.2%) and its rental value has increased by £66 per month (6.7%).
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 60, Drum Mead, Petersfield is in very good condition we estimate a sale value of £213,254 and rental value of £1,026 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £188,882 and a rental value of £909 per month.
If you were able to purchase this property for the estimated value of £203,099, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £998 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, 60, Drum Mead, Petersfield was last sold on 12 Jun 2017 for £190,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2017, the market for similar properties has risen 9.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 60, Drum Mead, Petersfield within a radius of 520 metres over the last 2 years.
The most recent example is 41, Drum Mead, Petersfield, GU32 3AQ, a Leasehold flat which sold for £225,000 in Aug 2022.
Read more about house prices in GU32.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Drum Mead, Petersfield, GU32 has a total of 70 addresses. According to our analysis of all the public data, 60, Drum Mead, Petersfield is the 59th largest and the 65th most expensive property on the street.
When compared to the postcode district it is £312k less expensive than the average property in GU32.
60, Drum Mead, Petersfield has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Aug 2022.
The property is not connected to mains gas and has mostly double glazing. It is heated using electric storage heaters.
The closest station to 60, Drum Mead, 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 60, Drum Mead, Petersfield, 54.3% of property is privately rented and 22.8% is privately owned outright.
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 60, Drum Mead, Petersfield, 5.2% of residents are recorded as possessing school level qualifications and 32.0% 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 60, Drum Mead, Petersfield, the average age was 42.6 and the most common age was 37.
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 60, Drum Mead, Petersfield, 1.9% 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 60, Drum Mead, Petersfield, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.