It is understandable that the beginning of a New Year sees many people looking to take stock and make plans for what lies ahead. If you are looking to make a move in the property market this year, it makes sense to be as informed as you can be. At Williams of Petersfield, we are on hand to help you make informed decisions, and this is why we are pleased to provide you with Petersfield property prices and values for 2019.
In figures provided by Zoopla, the current average value of property for Petersfield stands at 521,054 and in the past 12 months, the value has risen by £8,853 in the past 12 months which represents an increase of 1.73% This isn’t a large increase but in the grand scheme of things with respect to how the property market has performed, this isn’t necessarily a bad thing. Anything which sees property values rising at a steady rate is of value to homeowners but prospective buyers don’t need to feel as though they have missed out on a massive increase. Also, when you think that many areas have experienced a fall in property value, the market in Petersfield is more optimistic than many other areas. With respect to the current average price of property in Petersfield, Zoopla states it is 479,012.
Get property prices that are relevant to your needs
While the average price of property is an interesting figure, it isn’t too informative. If you are looking to sell your home, it is better for you to obtain the average price of your type of property. This is a much fairer comparison and will allow you to make a more informed decision about your parameters in the property market, which everyone should be looking to achieve.
Stay in touch with the Petersfield property market
It is always important to get a proper valuation of your home to ensure that you are pricing your house at the right level, but if you are looking to get a feel for how the market is performing, average figures are of benefit. Therefore, the figures below detail the average price paid for property types in Petersfield in the past 12 months:
- Flats: £ 233,477
- Terraced properties: £ 353,567
- Semi-detached properties: £ 471,401
- Detached properties: £ 684,038
The diversity in property types and prices for these property types should ensure that there is something for everyone in Petersfield. This is good for buyers but equally, it is positive news for vendors. It is important to welcome as many likely buyers to the market as possible, so knowing that Petersfield provides something for everyone is certainly something to bear in mind when reviewing the local property market.
If you are looking to sell your home in Petersfield this year, you should call on the local specialists for help. We are pleased to say we have helped many local vendors sell their home, and we know how to connect with local buyers. When it comes to making informed decisions that get results, you should contact Williams of Petersfield.
