According to the public record, Oakmere, Midhurst is a modern freehold house with 2,109 ft2 of internal area and sits on a 1,102 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Elsted, Midhurst, GU29 is located in the borough of Chichester within the GU29 postal district.
Oakmere, Midhurst has a single entry in the Land Registry database from October 2016 and a single entry in the EPC database dated May 2016.
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 Oakmere Midhurst as £1,377,144 and the rental value as £2,796 per month giving an expected gross yield of 2.4%.
Over the last 12 months the sale value of Oakmere Midhurst has increased by £15,086 (1.1%) and its rental value has increased by £148 per month (5.3%).
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 Oakmere, Midhurst is in very good condition we estimate a sale value of £1,446,001 and rental value of £2,936 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,280,744 and a rental value of £2,600 per month.
If you were able to purchase this property for the estimated value of £1,377,144, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,768 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, Oakmere, Midhurst sits on a plot of 1102m2.
We have plot size data on 7 out of 12 other houses in the postcode and Oakmere, Midhurst sits on the 7th largest plot.
According to HM Land Registry, Oakmere, Midhurst was last sold on 14 Oct 2016 for £895,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2016, the market for similar properties has risen 22.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Oakmere, Midhurst within a radius of 4.6 kilometres over the last 2 years.
The most recent example is Keepers, Petersfield, GU31 5ER, a Freehold house which sold for £1,100,000 in Jan 2021.
Read more about house prices in GU29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elsted, Midhurst, GU29 has a total of 61 addresses. According to our analysis of all the public data, Oakmere, Midhurst is the 33rd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £778k more expensive than the average property in GU29.
Oakmere, Midhurst has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 May 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, LPG.
The closest station to Oakmere, Midhurst is Liss station which is 9.0 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 Oakmere, Midhurst, 49.1% of property is privately owned outright and 27.4% 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 Oakmere, Midhurst, 14.5% of residents are recorded as possessing school level qualifications and 52.9% 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 Oakmere, Midhurst, the average age was 47.7 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 Oakmere, Midhurst, 2.5% 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 Oakmere, Midhurst, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.