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Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 37, Lower Mead, Petersfield is £672,569 and its rental estimate is £2,394 per month, given the available information and assuming reasonable condition.
Lower Mead, Petersfield, GU31 falls within the GU31 postal district, in the borough of East Hampshire.
37, Lower Mead, Petersfield has a single entry in the Land Registry from August 2021 and a single entry in the EPC database dated March 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 37, Lower Mead, Petersfield, we estimate a market value of £706,197 and a rental value of £2,514 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £625,489 and £2,227 per month respectively.
Over the last year, 37, Lower Mead, Petersfield has seen its estimated sale value drop by £1,979 (0.3%) and its estimated rental value rise by £120 per month (5.0%). This results in an estimated gross rental yield of 4.3%.
HM Land Registry records the plot of land for 37, Lower Mead, Petersfield as measuring 322 m2.
That makes it the 36th largest plot in the postcode, where all 49 other houses have recorded plot data.
37, Lower Mead, Petersfield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Mar 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 37, Lower Mead, Petersfield completed on 31st August 2021 at £685,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 13.3% over the period since August 2021.
Over the past 2 years 3 properties similar to 37, Lower Mead, Petersfield have sold within a radius of 880 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th August 2024, was 29, Lower Mead, Petersfield, GU31 4NR, a freehold house which sold for £725,000.
Read more about house prices in GU31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 49 addresses on Lower Mead, Petersfield, GU31, 37, Lower Mead, Petersfield comes out as the 44th largest and the 42nd most expensive in our analysis of the public data.
It is also £78k more expensive than the average property across the GU31 district.
From 37, Lower Mead, Petersfield, the nearest station is Petersfield, 1.6 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 37, Lower Mead, Petersfield, 65.1% of property is privately owned outright and 33.3% is privately owned with a mortgage.
The graph below shows how this compares to South East 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 37, Lower Mead, Petersfield, 20.1% of residents are recorded as possessing school level qualifications and 55.8% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 37, Lower Mead, 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 37, Lower Mead, Petersfield, 1.3% 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 37, Lower Mead, 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.