According to the public record, Flat 3, 7, Sussex Road, Petersfield is a period leasehold apartment with 287 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 7, Sussex Road, Petersfield, GU31.
Sussex Road, Petersfield, GU31 is located in the borough of East Hampshire within the GU31 postal district.
Flat 3, 7, Sussex Road, Petersfield has 41 entries in the Land Registry database, most recently in May 2020 and a single entry in the EPC database dated March 2012.
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 Flat 3 7 Sussex Road Petersfield as £148,315 and the rental value as £749 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 3 7 Sussex Road Petersfield has increased by £4,799 (3.2%) and its rental value has increased by £60 per month (8.1%).
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 Flat 3, 7, Sussex Road, Petersfield is in very good condition we estimate a sale value of £155,730 and rental value of £786 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £137,932 and a rental value of £697 per month.
If you were able to purchase this property for the estimated value of £148,315, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £729 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, Flat 3, 7, Sussex Road, Petersfield was last sold on 26 May 2020 for £158,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since May 2020, the market for similar properties has risen 9.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 7, Sussex Road, Petersfield within a radius of 620 metres over the last 2 years.
The most recent example is Flat 8, St. Peters Court, Hylton Road, Petersfield, GU32 3JH, a Leasehold flat which sold for £102,000 in Feb 2014.
Read more about house prices in GU31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sussex Road, Petersfield, GU31 has a total of 115 addresses. According to our analysis of all the public data, Flat 3, 7, Sussex Road, Petersfield is the 115th largest and the 115th most expensive property on the street.
When compared to the postcode district it is £439k less expensive than the average property in GU31.
Flat 3, 7, Sussex Road, Petersfield has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Mar 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 3, 7, Sussex Road, Petersfield is Petersfield station which is 800 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 Flat 3, 7, Sussex Road, Petersfield, 40.9% of property is privately owned outright and 35.4% 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 Flat 3, 7, Sussex Road, Petersfield, 19.7% of residents are recorded as possessing school level qualifications and 47.6% 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 Flat 3, 7, Sussex Road, 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 Flat 3, 7, Sussex Road, Petersfield, 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 Flat 3, 7, Sussex Road, Petersfield, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.