Petersfield Property Market Info - GU31
Below you'll a wealth of property market analysis, data and statistics for the GU31 Postcode District (Petersfield). Please take time to explore the many links! This property information has been designed to be of interest to potential home buyers and house sellers. In addition to providing analysis for Guildford property, mouseprice.com provides comprehensive coverage for England & Wales.
Petersfield Market Trends
 The size of the property market in GU31 is 4496 homes.
Property in this postcode district (GU31) has been growing at a nominal annual rate of 9.5% over the last 5 years. This rate can be indicative ofan area which has invested in improving housing stock, transport links or other local infrastructure. It may also suggest proximity to an area of economic growth such as one of the financial clusters (London, Leeds, Bristol etc.) or strong local presence in growth industries (for example investment in university facilities, attractiveness of an area to IT companies or other knowledge- based organisations).
During the last 3 months, property in this postcode district has averaged a value of £320028.
Since most banks lend money to buy property using their customers’ salary as a indicator of affordability, the price earnings ratio is a useful guide as to whether property in an area is expensive or not. Price Earnings Ratio in this postcode district is 11.5. Places like this represent the “well- heeled” districts of each postcode area. Although recently there have been some spectacular price increases in more expensive areas, in general, prices appreciate slowly in more expensive places because there is less demand for more expensive properties, and the turnover of them is slower because they are not commonly used as investment property.
New transactions as a percentage of overall sales are 11.5%.
To see a graph displaying the change in Guildford house prices over the last few years click here: House Price Index for Guildford . For further Petersfield property data click here: GU31 Housing Market
GU31 Housing Stock
The most commonly found type of housing in this area are Detached Houses, making up 41.3% of the housing stock.
For those buyers keen to purchase Flats, this would not be an ideal area, because only 11% are this type.
This is an area with a high proportion of property suitable for families with children.
There is a high proportion of temporary housing in this area at 3.5%.
Socially rented accommodation represents 11.6% of the total rented accommodation in the area.
The majority of property in this area is owner occupied.
The average price of a two bed property in this area is higher than the national average of £187894 at £244119.
GU31 Property Hotspots
Do you want to know which streets in Petersfield have the most house buying and selling activity? Do you want to find out the most desirable streets in GU31? If so, have a look at these street rankings for GU31.
Who lives in Petersfield?
Total population in this area is 10169.
The average age in this area is 43.
This area has a high percentage of married people at 20.6%.
Average working hours in this area for men are 43 and for women are 30.
This area has 1.2 people per square kilometre.
Job prospects in this area are good with low unemployment (1.8%). Most jobs are found in the Real Estate and Wholesale & Retail sectors.
For a table containing demographic data related to Petersfield click here: Demographics - GU31
Your Comments
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Further Information
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