38, Drum Mead
38, Drum Mead
Description & Estimates
Public records show 38, Drum Mead, Petersfield to be a modern leasehold apartment with 570 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
38, Drum Mead, Petersfield has an estimated sale value of £195,314 and an estimated rental value of £963 per month, assuming reasonable condition and based on the information available.
Drum Mead, Petersfield, GU32 lies in the borough of East Hampshire, within the GU32 postal district.
Our Data Sources
38, Drum Mead, Petersfield has 31 entries in the Land Registry , most recently in February 2009 and a single entry in the EPC database dated April 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 38, Drum Mead, Petersfield would be worth £205,079, with a potential rental value of £1,011 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £181,642, with a rental value of £895 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 38, Drum Mead, Petersfield has decreased by £3,111 (1.6%) over the last year. During the same period, its estimated monthly rental value has grown by £34 (3.5%). The property's estimated gross yield is currently 5.9%.
Energy Efficiency
38, Drum Mead, Petersfield has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Apr 2023.
The property is not connected to mains gas and has partial secondary glazing. It is heated using Electric storage heaters.
Sold Prices
38, Drum Mead, Petersfield last changed hands on 11th February 2009, selling for £140,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 51.0% since February 2009.
- Sold Feb 2009£140,000
- Sold Nov 1996£47,500
- Sold Sep 1996£45,125
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 540 metres of 38, Drum Mead, Petersfield across the last 2 years.
Most recently, Flat 1, Elmor Lodge 5, Charles Street, Petersfield, GU32 3BF, a leasehold flat, sold at £175,000 on the 30th January 2026.
Read more about house prices in GU32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 38, Drum Mead, Petersfield as the 48th largest and the 58th most expensive of the 70 addresses on Drum Mead, Petersfield, GU32.
Against the GU32 postcode district average, it is £326k less expensive than the typical property.
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Schools Nearby
- 500mPetersfield Infant School
- 1.2kmHerne Junior School
- 1.8kmSheet Primary School
- 600mThe Petersfield School
- 11.1kmHorndean Technology College
- 12.5kmBohunt School
More reading links
Public Transport Nearby
Petersfield station is the nearest stop to 38, Drum Mead, Petersfield at 200 metres away.
- 200mPetersfield
- 5.5kmLiss
- 12.4kmLiphook
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
