According to the public record, Lancaster Studio, Petworth is a period house with 796 ft2 of internal area and sits on a 53.6 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
High Street, Petworth, GU28 is located in the borough of Chichester within the GU28 postal district.
Lancaster Studio, Petworth has no records in the Land Registry database and a single entry in the EPC database dated May 2010.
We combine this information with public data 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 Lancaster Studio Petworth as £487,260 and the rental value as £1,540 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of Lancaster Studio Petworth has increased by £12,300 (2.5%) and its rental value has increased by £85 per month (5.5%).
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 Lancaster Studio, Petworth is in very good condition we estimate a sale value of £511,623 and rental value of £1,617 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £453,152 and a rental value of £1,432 per month.
If you were able to purchase this property for the estimated value of £487,260, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,395 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, Lancaster Studio, Petworth sits on a plot of 54m2.
We have plot size data on 26 out of 42 other houses in the postcode and Lancaster Studio, Petworth sits on the 18th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Lancaster Studio, Petworth within a radius of 4.1 kilometres over the last 2 years.
The most recent example is Candle Cottage, High Street, Petworth, GU28 0AU, a Freehold house which sold for £545,000 in Nov 2023.
Read more about house prices in GU28.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
High Street, Petworth, GU28 has a total of 56 addresses. According to our analysis of all the public data, Lancaster Studio, Petworth is the 26th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £112k less expensive than the average property in GU28.
Lancaster Studio, Petworth has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 10 May 2010.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Lancaster Studio, Petworth is Pulborough station which is 7.2 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 Lancaster Studio, Petworth, 50.4% of property is privately owned outright and 29.8% 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 Lancaster Studio, Petworth, 2.4% of residents are recorded as possessing school level qualifications and 42.9% 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 Lancaster Studio, 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 Lancaster Studio, Petworth, 1.4% 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 Lancaster Studio, Petworth, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.