Petersfield Delivers What Buyers Are Looking For In A Home

At Williams of Petersfield, we care about the local area, and we believe Petersfield is an excellent destination to set up home. Our experience in the area means we know what is on offer, and we know how welcoming the local community is.

At times like these, community is essential, and we think buyers will love Petersfield life. If you are looking for a home in the area, get in touch and we will be happy to talk you through the benefits of Petersfield life.

If you are looking to sell your Petersfield home, what better agent can you choose than one that is passionate about the local area? We will help you connect with buyers, and this sells your home. If you would like to arrange a valuation, get in touch and we will ensure you enter the marketplace with the greatest confidence.

However, we know some people might think we are biased. This is why we are glad to know what other people think of Petersfield. The OneDome site is a good source to get an overview of a local area, and we are pleased to say they think a lot about Petersfield. With an overall score of 7.6 out of 10, it is fair to say the OneDome site recommends Petersfield, and we agree.

Education scores 10 out of 10

Education is one of the most important features for buyers to consider when looking at property. School places and the standard of schooling impacts demand and local prices. Therefore, a perfect score in this field is impressive, and it is easy to see why there is considerable support for Petersfield’s schools.

Petersfield Infant School, Herne Junior School, Churcher’s College and The Petersfield School are all cited as good schools within walking distance from the heart of Petersfield. If you would like to know more about how the standard of schools impacts demand for homes in Petersfield, please get in touch.

There is a lot to like in Petersfield

Other highlights from the Petersfield report card includes:

  • Grocery shopping receiving a score of nine out of ten
  • Lifestyle receiving a score of seven out of ten
  • People who like a quiet life will appreciate the mark of seven out of ten
  • Petersfield is recognised as a safe area and has received a score of seven out of ten in this area
  • Transport has been classed as a seven out of ten feature in Petersfield
  • Green space has been marked as six out of ten

With so many positive reviews, we think you’ll love what Petersfield has to offer. To find out more, please get in touch.

At Williams of Petersfield, we aim to support the Petersfield community as much as we can, and we know this is an extremely trying time. A lot of people are looking for support and guidance, and if you have any property or housing related questions, we are more than happy to assist you, so contact us today.

Petersfield – Stamp Duty Impact

If you want to know the likely impact of the stamp duty cut for buyers, vendors and the Petersfield housing market in general, we are here to assist you. At Williams of Petersfield, we aim to provide a specialist service to local buyers and vendors.

We know these have been challenging times for the housing sector, but many people believe the stamp duty cut will spark life into the market. Even though there was an initial flurry of activity when the market re-opened, there have been concerns as to whether this demand can be sustained. The introduction of the stamp duty cut will hopefully keep momentum going in the market.

Stamp duty cut and its impact on Petersfield property demand

On Wednesday 8th July, the Chancellor of the Exchequer, Rishi Sunak, has announced an increase in the stamp duty threshold in the Summer Update. The key points of the stamp duty changes are:

  • Stamp duty threshold is now £500,000
  • This increase in stamp duty threshold is set to run until 31st March 2021
  • The increase in stamp duty threshold takes place immediately

While the deadline of March next year seems a lengthy one, be wary not to dwell too long on your decision. Sometimes property deals can become protracted, and no buyer wants to miss out on savings when it wasn’t their fault. We are more than happy to talk you through the process if it helps you form an opinion on what you should do next.

Impact on the Petersfield housing market

According to Zoopla, as of July 2020, the average price paid for property in Petersfield was £487,817. This is below the stamp duty holiday threshold, which means all property purchases at the average price in this area will not incur a stamp duty charge for buyers.

The following table details the average price paid for property in Petersfield, as per property type:

  • Average price paid for flats in Petersfield: £244,378
  • Average price paid for terraced properties in Petersfield: £342,527
  • Average price paid for semi-detached properties in Petersfield: £440,118
  • Average price paid for detached properties in Petersfield: £721,388

The average price paid for flats, terraced properties and semi-detached properties in Petersfield falls beneath the stamp duty holiday threshold. This means all of these property purchases will incur no stamp duty charge.

With respect to the average price paid for detached property in Petersfield, there is stamp duty to be paid. However, the charge of £11,069 is a lot more appealing than the previous stamp duty charge, which would have been 26,069.40. Anyone buying property at this price in Petersfield will enjoy a saving of £15,000 on stamp duty.

It is good to see buyers saving money when it comes to snapping up property, but it should be noted this will be of benefit to vendors too. When there are more people looking for houses, vendors can feel more confident when it comes to placing their home on the market.

Some industry sources believe as many as 100,000 additional properties will be sold in connection with the stamp duty cut.

At Williams of Petersfield, we aim to support the Petersfield community as much as we can, and we know this is an extremely trying time. A lot of people are looking for support and guidance, and if you have any property or housing related questions, we are more than happy to assist you, so contact us today.

Williams of Petersfield – Easter Hunt

At Williams of Petersfield, we love walking around the local area and taking in the fantastic buildings and views on offer. However, if you walk the streets every day or you are more than familiar with what Petersfield has to offer, you sometimes need to view the local area with a new purpose. Continue reading “Williams of Petersfield – Easter Hunt”

Petersfield Vendors – Here’s What Buyers Want To See

Selling your home is far from easy, even when you have help from specialists, but there are ways in which you can make the process an awful lot easier. At Williams of Petersfield, we are delighted to say that we have helped many Petersfield vendors sell their property, and a large part of this success is down to the fact that we know what buyers want to see when they are looking for a home.

Each buyer is unique, and it is likely that they will have their own personal tastes and requirements but in general, there are some things that most buyers want to see. If you were to sit down and think about the things that you want to see when looking for a home, you’ll find most of these items crop up, and there is a common-sense approach to be made when presenting a home to prospective buyers.

Warmth and comfort are hugely important for buyers, so there is no surprise at the fact that central heating and double glazing are priorities for prospective buyers. If your property doesn’t have these in place, it is worth making an investment, but if you do have these elements at home, there are still ways in which you can improve the warmth and comfort of your home.

Improving the insulation at your home is always great news for buyers

Cavity wall insulation is a sensible solution for homeowners looking to retain heat, lower their energy bills and make their home a more environmentally friendly place. If you have this in place or would like an option, upgrading to a smart energy device makes sense. These devices allow you to remain in control of your heating and you see what you are spending.

You’ll find that these devices lead to a reduction in energy usage, saving money and aiding the environment, which a prospective buyer is always going to hold an interest in.

Another priority for buyers is security. With doors and windows being the most common point of entry in a break-in, you want to ensure that these points are robust and dependable. It may not cost a lot of money to improve the security of these features, but you’ll find that it is a worthwhile investment, offering peace of mind to a prospective buyer.

Tell prospective buyers about why you love Petersfield property

There will, of course, be features that buyers want to see which are outside of your control. Having local shops and amenities is an important feature for prospective buyers but as you can’t do much to impact on this, there is no point worrying about it. However, if you have found local stores that you appreciate, take the time to tell any prospective buyer about them.

legislative changes 2018

Energy efficiency is another important aspect, and if you can upgrade aspects of your home to a more energy efficient counterpart, you will hopefully find greater interest in your property.

If you can draw attention to aspects of local life which may not be written about in local area guides, but which make your life easier, you provide prospective buyers with something else to think about.

If you are selling your home in Petersfield and you want to make sure that you please buyers, come and speak with Williams of Petersfield. We are pleased to say we have helped many homeowners sell their property, and we are here to assist you with this aim.