According to the public record, 1 Kings Place, Horsham is a modern leasehold apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Kings Place, Kings Road, Horsham, RH13.
Kings Road, Horsham, RH13 is located in the borough of Horsham within the RH13 postal district.
1 Kings Place, Horsham has a single entry in the Land Registry database from May 2015 and a single entry in the EPC database dated April 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Kings Place Horsham as £279,801 and the rental value as £1,258 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 1 Kings Place Horsham has increased by £1,797 (0.6%) and its rental value has increased by £49 per month (3.9%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1 Kings Place, Horsham is in very good condition we estimate a sale value of £293,791 and rental value of £1,320 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £260,215 and a rental value of £1,170 per month.
If you were able to purchase this property for the estimated value of £279,801, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,375 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 1 Kings Place, Horsham was last sold on 29 May 2015 for £245,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2015, the market for similar properties has risen 15.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 Kings Place, Horsham within a radius of 590 metres over the last 2 years.
The most recent example is 15 Kings Place, Kings Road, Horsham, RH13 5RD, a Leasehold flat which sold for £275,000 in Oct 2023.
Read more about house prices in RH13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kings Road, Horsham, RH13 has a total of 198 addresses. According to our analysis of all the public data, 1 Kings Place, Horsham is the 71st largest and the 64th most expensive property on the street.
When compared to the postcode district it is £238k less expensive than the average property in RH13.
1 Kings Place, Horsham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Apr 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1 Kings Place, Horsham is Horsham station which is 500 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1 Kings Place, Horsham, 75.6% of property is socially rented and 12.6% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1 Kings Place, Horsham, 25.7% of residents are recorded as possessing school level qualifications and 20.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1 Kings Place, Horsham, the average age was 42.2 and the most common age was 52.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1 Kings Place, Horsham, 0.6% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1 Kings Place, Horsham, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.