Petersfield and Surrounds Property News: January 2018

The very latest property news relating to Petersfield and surrounding areas, for January 2018.

At the beginning of a new year, it is helpful to understand where you are and what the state of the market is. At Williams of Petersfield, we are very keen to ensure you are fully informed about the local property market. We know that you want the latest information and the most relevant guidance about the Petersfield property market and on the latest for surrounding areas.

In the final few months of 2017, we offered you a monthly review and this is something we aim to continue in 2018. This review provides you with the most pertinent and relevant news about the local property market. As local property specialists, we are always happy to discuss the market and if you would like to talk about any of these issues in more detail, please get in touch. Our team is highly passionate about the local property market and we look forward to helping you.

There are clearly many aspects that matter in the property market when buying or selling a house and space is a major issue. It is only natural that prospective buyers will be interested in the space available inside a home but you’ll find that outside space also has an impact on buyers, and even on the price of your home. When you’re looking to get ahead or you want to know what price a home carries, aspects like outside space matter, and this is why Williams of Petersfield is on hand to ensure you are fully informed at all times.

Please click on the link to receive the:

Williams of Petersfield Report January 2018

If you are keen to stay in touch with the local property market, rely on us to ensure you have all the information you need. Whether you are looking to make a move soon or you have a general interest, we believe our local property market reports are of benefit and interest.

When you need expert support and guidance in the local property market, Williams of Petersfield is a company you can trust. We have a strong reputation in supporting the local community, so get in touch and we will be more than happy to help you take your next step in the market.

Petersfield: An Area Guide

With the train journey to London Waterloo taking around an hour, it is easy to see why so many people have developed an interest in what Petersfield has to offer. This is a commuter town that is able to provide a very different pace of life from what you would expect in the heart of London. Knowing that you can return home to an area of great beauty and a more sedate pace of life is a great comfort for many people, and there are many people who have arrived in Petersfield as commuters but stayed as contended residents.

You should find that there is a strong mix of properties in Petersfield. Whether you are interested in period cottages or spacious mansions, there is something for everyone. The more affordable options in the area come with the modern flats and houses that have been developed on estates like Herne Farm.

Many people have settled in Petersfield

When it comes to recommending Petersfield, there is a great deal to be said for looking at the number of people who have to the area and stayed. This is a town that is handy for commuters but once families settle, they find that the local area has a lot to offer and that the pace of life here is very appealing, especially compared to the more hectic energy of England’s capital.

The standard of education in an area is an important factor and you’ll be glad to know that there is a lot to like about the local education options in Petersfield. The local infant school, located on St Peter’s Road, has been classed as “Outstanding” by Ofsted and there is also Petersfield School, sometimes known as TPS, which has also been referred to as “Outstanding”, with this school being available for children aged between 11 years old and 16. There are also sixth form college options to choose from in the nearby area so families looking to ensure their children enjoy a high standard of education have options to consider in Petersfield.

There are plenty of shopping options in Petersfield

Like many modern towns these days, Petersfield is able to provide a blend of High Street stores and boutique and independent stores. The town is also well known for its market with Wednesday and Saturday being great days to venture into the town square and see what is on offer. There is also a popular farmers’ market in the town, so you can enjoy fresh produce from local suppliers.

When it comes to getting some fresh air and adventure, Petersfield Heath is an excellent choice, lying to the south of the town. With a cricket pitch and golf course on offer there are plenty of exercise options and you can even hire a boat to venture out on to the lake.

You’ll find that there are plenty of local attractions on offer in Petersfield to ensure that  you enjoy your time in the area. There is a council owned swimming pool and in the summer months, there is also an outdoor pool to enjoy. The museum offers great insight into local life as well as providing a number of seasonal exhibitions. If you enjoy live events, Festival Hall is a great destination and Petersfield has a strong reputation for music festivals, so you should be able to enjoy live shows and the wonder of live music in the local community.

With respect to property prices, Zoopla states that as of December 2017, property prices in Petersfield over the past 12 months have an average of £469,729. In the same time frame, the average price paid for property in Hampshire stands at £336,273.

If you hold an interest in Petersfield of you would like to learn more about the area, contact Williams of Petersfield and we will help you learn more about this fantastic area.

Petersfield Property Prices – A Review

Found in East Hampshire, Petersfield is less than 20 miles from Portsmouth but it is also a market town of great repute. It would be fair to say that there is a lot to like about local life in Petersfield but the fact that there is a railway station in town, which connects to Portsmouth and London means that people can commute or travel easily from this base. The history of Petersfield has long seen it used as a stopping point for travellers, it was known as a coach stop between London and Portsmouth, and this is still a valid reason for considering the area and Petersfield property today.

While there is a lot to be said for the convenience and style of the area, if you are looking to make an investment, it is important that you consider the facts and figures. If you have lived in or around Petersfield for many years, you will know what the town has to offer but equally, given the importance of property investment, you need to make sure that you make an informed decision when it comes to property investment. This is why you should take the time to review Petersfield property prices.

Petersfield property offers some interesting options

As of October 2017, the average value of property in Petersfield stands at £512,035 and the average price paid for property in Petersfield in the past 12 months was £462,937. With respect to the past six and three months, the average price paid for property stands at £435,742 and £455,972. However, it is important to know that if you look at small sample sizes, there is a greater chance of outliers impacting on the true average price. It is important to measure how prices fluctuate but there will be times when looking at a small period of time aren’t of benefit because it doesn’t provide an accurate response.

If you are looking to buy to let in the GU31 postcode area, you should consider a one bedroom property which provides an expected rental yield of 4.76%. With a two bedroom property, you can expect a rental yield of 4.43% and there is a return of 3.72% for a three bedroom property. With a four bedroom property in GU31, there is a 3.13% expected yield on offer and if you invest in a five bedroom property, there is a 4.43% rental yield on offer.

In the GU32 postcode area, you will find that the best expected rental yield comes with a one bedroom property and this stands at 5.3%. If you have a two bedroom property, you can expect a 4.27% expected rental yield but the expected return from a three bedroom property falls to 2.94%. There is a lift with four bedroom properties in GU32 with the expected rental yield standing at 4.02% and while there may not be too many five bedroom properties in the GU32 postcode area, you should expect a return of 2.9%.

If you are interested in the Petersfield property market, be sure to contact Williams of Petersfield for support and guidance.