According to the public record, 309A, North Street, Petworth is a Leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 906 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 309, North Street, Petworth, GU28.
North Street, Petworth, GU28 is located in the borough of Chichester within the GU28 postal district.
309A, North Street, Petworth has 51 entries in the Land Registry database, most recently in May 2021 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 309A North Street Petworth as £311,100 and the rental value as £1,076 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 309A North Street Petworth has increased by £6,729 (2.2%) and its rental value has increased by £55 per month (5.1%).
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 309A, North Street, Petworth is in very good condition we estimate a sale value of £326,655 and rental value of £1,130 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £289,323 and a rental value of £1,001 per month.
If you were able to purchase this property for the estimated value of £311,100, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,529 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, 309A, North Street, Petworth was last sold on 07 May 2021 for £325,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since May 2021, the market for similar properties has risen 9.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 309A, North Street, Petworth within a radius of 4.3 kilometres over the last 2 years.
The most recent example is 3 Clifford House, Lombard Street, Petworth, GU28 0AG, a Leasehold flat which sold for £285,000 in Dec 2011.
Read more about house prices in GU28.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
North Street, Petworth, GU28 has a total of 77 addresses. According to our analysis of all the public data, 309A, North Street, Petworth is the 45th largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £289k less expensive than the average property in GU28.
The closest station to 309A, North Street, Petworth is Pulborough station which is 7.5 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 309A, North 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 309A, North 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 309A, North 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 309A, North 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 309A, North 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.