According to the public record, Flat 3, Heathmere 15, Petersfield is a period leasehold apartment with 914 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in Heathmere, The Avenue, Petersfield, GU31.
The Avenue, Petersfield, GU31 is located in the borough of East Hampshire within the GU31 postal district.
Flat 3, Heathmere 15, Petersfield has 2 entries in the Land Registry database, most recently in April 2022 and a single entry in the EPC database dated September 2013.
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 Heathmere 15 Petersfield as £351,626 and the rental value as £1,564 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of Flat 3 Heathmere 15 Petersfield has increased by £4,969 (1.4%) and its rental value has increased by £99 per month (6.3%).
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, Heathmere 15, Petersfield is in very good condition we estimate a sale value of £369,207 and rental value of £1,642 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £327,012 and a rental value of £1,455 per month.
If you were able to purchase this property for the estimated value of £351,626, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,728 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, Heathmere 15, Petersfield was last sold on 22 Apr 2022 for £375,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2022, the market for similar properties has dropped 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Heathmere 15, Petersfield within a radius of 720 metres over the last 2 years.
The most recent example is Flat 4, Heath Lodge 32, Sussex Road, Petersfield, GU31 4JZ, a Leasehold flat which sold for £350,000 in Sep 2021.
Read more about house prices in GU31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Avenue, Petersfield, GU31 has a total of 30 addresses. According to our analysis of all the public data, Flat 3, Heathmere 15, Petersfield is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £236k less expensive than the average property in GU31.
Flat 3, Heathmere 15, Petersfield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Sep 2013.
The property is connected to mains gas and has fully secondary glazing. It is heated using a boiler and radiators.
The closest station to Flat 3, Heathmere 15, Petersfield is Petersfield station which is 900 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, Heathmere 15, Petersfield, 53.1% of property is privately owned outright and 24.5% 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, Heathmere 15, Petersfield, 17.3% of residents are recorded as possessing school level qualifications and 57.7% 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, Heathmere 15, 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, Heathmere 15, Petersfield, 2.8% 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 Flat 3, Heathmere 15, Petersfield, 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.