According to the public record, Island Covert, Petersfield is a mid-century freehold house with 5,188 ft2 of internal area and sits on a 5,408 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Steep, Petersfield, GU32 is located in the borough of East Hampshire within the GU32 postal district.
Island Covert, Petersfield has a single entry in the Land Registry database from January 2014 and a single entry in the EPC database dated August 2020.
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 Island Covert Petersfield as £2,394,948 and the rental value as £6,627 per month giving an expected gross yield of 3.3%.
Over the last 12 months the sale value of Island Covert Petersfield has increased by £12,012 (0.5%) and its rental value has increased by £313 per month (4.7%).
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 Island Covert, Petersfield is in very good condition we estimate a sale value of £2,514,695 and rental value of £6,959 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,227,301 and a rental value of £6,163 per month.
If you were able to purchase this property for the estimated value of £2,394,948, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £11,770 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 data from HM Land Registry, Island Covert, Petersfield sits on a plot of 5408m2.
We have plot size data on 14 out of 21 other houses in the postcode and Island Covert, Petersfield sits on the 2nd largest plot.
According to HM Land Registry, Island Covert, Petersfield was last sold on 10 Jan 2014 for £1,250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2014, the market for similar properties has risen 43.1%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Island Covert, Petersfield within a radius of 2.2 kilometres over the last 2 years.
The most recent example is Garden Hill Cottage, Petersfield, GU32 1AD, a Freehold house which sold for £2,150,000 in Feb 2020.
Read more about house prices in GU32.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Steep, Petersfield, GU32 has a total of 111 addresses. According to our analysis of all the public data, Island Covert, Petersfield is the 6th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £1.88m more expensive than the average property in GU32.
Island Covert, Petersfield has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Aug 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Ground source heat pump, underfloor, electric.
The closest station to Island Covert, Petersfield is Petersfield station which is 2.3 kilometres 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 Island Covert, Petersfield, 41.4% of property is privately owned outright and 31.0% 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 Island Covert, Petersfield, 22.5% of residents are recorded as possessing school level qualifications and 54.1% 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 Island Covert, 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 Island Covert, Petersfield, 0.3% 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 Island Covert, Petersfield, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.