Average Price for property in Petworth is around £635,403 which varies based on type of property you are interested in and ranges from £939,810 for detached house to around £436,408 for semi-detached. Similarly terraced house is around £348,846 and a flat is worth £309,782. Values have been changing and have risen £1,483 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,608 in last 6 months, £42,085 in last 1 year, £77,642 in last 2 years, £78,746 in last 3 years, £83,968 in last 4 years and £88,502 in last 5 years.
Currently average asking price of a property in Petworth is around £649,700 based on approximately 82 properties for sale. Same is the case with rental options based on 11 properties up for rent, average asking rent is around £1,280 per month.
Estimated property value in Petworth is £635,403. Average asking price is £649,700 while average price paid is £559,838 which is up by £42,085 and Avg. asking rent £1,280.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Petworth area. In last 1 year alone average price buyer paid is around £559,838 based on approximately 82 sales in Petworth area alone. If you compare it to last 3 years sales of 232 properties where buyers paid around £518,977. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £504,886 for 380 and average amount paid for purchase of approx. 534 properties sold in last 7 years comes to about £483,611 per sale.