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House Prices in GU32

The average house price in GU32 (Petersfield) is £293,000 using HM Land Registry data.

The average property price increased by £78,479 (28.92%) over the last 5 years and increased by £15,685 (4.28%) over the last 12 months.

Over the last year, there were 102 residential property sales – a decrease of 34 transactions (-33.33%) relative to the previous year. The majority of house sales (29) were in the £210,000 - £340,000 range. Then came properties in the £470,000 - £600,000 range, where 17 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 71 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-16,865 (-2%).

In May 2025, there were 34 new estate agency instructions, 22 agreed home sales and 36 property price reductions.

5-Year Average Property Prices in GU32 (Petersfield)

28.92%

Property prices in GU32 (Petersfield) increased by 28.92% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in GU32 (Petersfield) Over the Last Year

4.28%

Property prices in GU32 (Petersfield) increased by 4.28% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for GU32 (Petersfield) - May 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in GU32 (Petersfield)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in GU32 (Petersfield)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in GU32 (Petersfield)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the GU32 (Petersfield) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the GU32 postcode area since 1995.

Recent Sales in GU32 (Petersfield)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
2 Barrow Hill Cottages, Ramsdean, Petersfield, Hampshire, GU32 1RP	£650,000	£650,000	£0	16 Jul 2024	28 Jan 2025	196 Days
Flat 19, St Peters Court, Hylton Road, Petersfield, Hampshire, GU32 3JH	£235,000	£225,000	-£10,000	24 Jan 2024	03 Jan 2025	345 Days
17 Drum Mead, Petersfield, Hampshire, GU32 3AQ	£280,000	£272,000	-£8,000	05 Sep 2024	13 Dec 2024	99 Days
20 Cranford Road, Petersfield, Hampshire, GU32 3LX	£425,000	£425,000	£0	19 Jul 2024	29 Nov 2024	133 Days
Flat 23, St Peters Court, Hylton Road, Petersfield, Hampshire, GU32 3JH	£270,000	£260,000	-£10,000	05 Mar 2024	28 Nov 2024	268 Days
52 Winchester Road, Petersfield, Hampshire, GU32 3PG	£550,000	£510,000	-£40,000	19 Jun 2024	26 Nov 2024	160 Days
24 Dukes Close, Petersfield, Hampshire, GU32 3QZ	£280,000	£275,000	-£5,000	10 Jul 2024	13 Nov 2024	126 Days
13 Buckmore Avenue, Petersfield, Hampshire, GU32 2EG	£875,000	£835,000	-£40,000	30 Apr 2024	12 Nov 2024	196 Days
25 Stafford Road, Petersfield, Hampshire, GU32 2JF	£850,000	£850,000	£0	08 Aug 2024	11 Nov 2024	95 Days
31 Sandringham Road, Petersfield, Hampshire, GU32 2AB	£325,000	£320,000	-£5,000	13 Mar 2024	28 Oct 2024	229 Days
6 Pond Cottages, Ramsdean, Petersfield, Hampshire, GU32 1RR	£700,000	£650,000	-£50,000	10 May 2024	21 Oct 2024	164 Days
3 Reservoir Lane, Petersfield, Hampshire, GU32 2HY	£535,000	£530,000	-£5,000	15 Apr 2024	26 Sep 2024	164 Days
14 Drum Mead, Petersfield, Hampshire, GU32 3AQ	£225,000	£225,000	£0	07 Feb 2024	19 Sep 2024	225 Days
2 New Cottages, East Meon, Petersfield, Hampshire, GU32 1QQ	£499,950	£482,500	-£17,450	09 Apr 2024	12 Sep 2024	156 Days
50 Winchester Road, Petersfield, Hampshire, GU32 3PG	£500,000	£490,000	-£10,000	16 May 2024	30 Aug 2024	106 Days
30 Stafford Road, Petersfield, Hampshire, GU32 2JG	£700,000	£683,400	-£16,600	29 Nov 2023	10 Jul 2024	224 Days
12 School Lane, Petersfield, Hampshire, GU32 2AS	£750,000	£690,000	-£60,000	22 Nov 2023	01 Jul 2024	222 Days
39 Bell Hill, Petersfield, Hampshire, GU32 2EH	£550,000	£535,000	-£15,000	24 Jul 2023	28 Jun 2024	340 Days
2 Bell Hill Ridge, Petersfield, Hampshire, GU32 2DZ	£1,000,000	£975,000	-£25,000	28 May 2024	07 Jun 2024	10 Days
20 Charles Street, Petersfield, Hampshire, GU32 3EH	£425,000	£400,000	-£25,000	19 Feb 2024	07 Jun 2024	109 Days

Most Expensive Streets in GU32 (Petersfield)

Postcode	Street	Area	Average	No. of Sales
GU32 1AE	Island, Steep	Petersfield	£1,498,666	3
GU32 1AB	Ashford Lane, Steep	Petersfield	£1,287,925	4
GU32 2HX	Reservoir Lane	Petersfield	£1,224,666	3
GU32 1AG	Stoner Hill, Steep	Petersfield	£1,202,000	5
GU32 1HF	Leydene Park, East Meon	Petersfield	£1,190,833	6
GU32 1LU	East End	Petersfield	£1,060,000	3
GU32 2EB	Woodbury Avenue	Petersfield	£1,010,266	3
GU32 2DY	Bell Hill	Petersfield	£1,005,000	4
GU32 1BZ	Petersfield Road, Froxfield	Petersfield	£980,000	5
GU32 2ED	Woodbury Avenue	Petersfield	£814,085	7

Least Expensive Streets in GU32 (Petersfield)

Postcode	Street	Area	Average	No. of Sales
GU32 3EQ	Charles Street	Petersfield	£120,055	18
GU32 3DW	Meon Close	Petersfield	£153,861	18
GU32 3JP	Dolphin Court, High Street, Petersfield	Petersfield	£204,900	5
GU32 3JH	St Peters Court, Hylton Road	Petersfield	£212,666	15
GU32 3QY	Kings Road	Petersfield	£219,375	8
GU32 3QZ	Dukes Close	Petersfield	£230,666	9
GU32 3AG	Castle Garden, Swan Street, Petersfield	Petersfield	£238,409	11
GU32 2AB	Sandringham Road	Petersfield	£240,750	8
GU32 3NX	Borough Road	Petersfield	£243,333	3
GU32 3AQ	Drum Mead	Petersfield	£254,455	13