About £442,000 buys the typical Petersfield house. Flats come in at around half that. Detached houses go well past seven hundred grand. Prices barely moved over the year. You are paying for the view out of the back window, and the bricks come with it.
The Land Registry recorded 180 sales in the year to May 2026, with a median of about £442,000. That median hides a wide range. Flats sold for about £230,000 across 37 sales, terraces about £393,000 across 52, semis about £465,000 across 34 and detached houses about £720,000 across 57. The detached sales outnumber every other type. So the town's reputation is being bought by the people with the biggest budgets, while first-time buyers compete over three dozen flats.
The house-price index for the area moved 0.7% over the twelve months to May 2026, which is close enough to flat that nobody should be quoting it at a dinner party. Flats did worse, down 1.8% over the same period. Over five years the index is up about 12%. That is a market holding its level, not one that is running away. Any listing described as "priced to reflect strong local demand" is describing a year when demand held steady.
Council tax is mostly band C, and about 20% of homes sit in bands A or B. The band D bill runs to about £2,344 a year, which is the figure to put against whatever you pay now. Buy one of the detached houses and you will be well above band D, and that bill arrives every year.
Renting across East Hampshire costs about £1,260 a month. That is the typical private rent for the whole district as of April 2026, not Petersfield's own figure, and it is an average from the Office for National Statistics index rather than a median of advertised listings. By size, one-bedroom homes average about £900 a month, two bedrooms about £1,180, three bedrooms about £1,480 and four or more about £1,970. There are no published figures for studios or rooms, and a landlord who quotes one is setting their own price.
Income is where the numbers start to hurt. Office for National Statistics modelling for the financial year to March 2023 puts the average gross household income here at about £64,000 before tax. That is comfortable by most measures, and a typical house is still a stretch against it. Those detached sales are mostly being paid for with equity from somewhere else rather than with local salaries.
Of the sales that could be matched to an energy certificate's floor area, which is about 84% of them, the median price was about £5,100 per square metre. The typical home behind that figure has about 93 square metres of floor space. That is a sensible family house, not a manor, and the price per square metre is the market's way of telling you the Downs are not free.
The 2021 census breaks homes down by bedroom count: about 13% have one bedroom, 25% two, 35% three and 27% four or more. Three-bedroom homes are the largest group, but more than a quarter of homes have four bedrooms or more, which is a lot of room for a town this size. The flat hunter and the family upsizer end up shopping in the same small town at very different prices.
Petersfield's house prices are middling for what you get: firm rather than frothy, steady rather than climbing, and pitched at buyers who arrive with equity. The scenery is the premium.