According to the public record, 10 The Mead House, Horsham is a modern leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in The Mead House, Station Road, Southwater, Horsham, RH13.
Station Road, Southwater, Horsham, RH13 is located in the borough of Horsham within the RH13 postal district.
10 The Mead House, Horsham has 3 entries in the Land Registry database, most recently in July 2017 and a single entry in the EPC database dated December 2018.
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 10 The Mead House Horsham as £216,212 and the rental value as £1,125 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 10 The Mead House Horsham has decreased by £869 (0.4%) and its rental value has increased by £44 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 10 The Mead House, Horsham is in very good condition we estimate a sale value of £227,023 and rental value of £1,181 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £201,077 and a rental value of £1,046 per month.
If you were able to purchase this property for the estimated value of £216,212, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,063 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, 10 The Mead House, Horsham was last sold on 28 Jul 2017 for £185,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2017, the market for similar properties has risen 6.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10 The Mead House, Horsham within a radius of 670 metres over the last 2 years.
The most recent example is Flat 2, The Wickens, Fairbank Road, Horsham, RH13 9LH, a Leasehold flat which sold for £197,500 in Sep 2023.
Read more about house prices in RH13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Station Road, Southwater, Horsham, RH13 has a total of 84 addresses. According to our analysis of all the public data, 10 The Mead House, Horsham is the 63rd largest and the 48th most expensive property on the street.
When compared to the postcode district it is £301k less expensive than the average property in RH13.
10 The Mead House, Horsham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Dec 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 10 The Mead House, Horsham is Christs Hospital station which is 3.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 10 The Mead House, Horsham, 33.1% of property is privately owned with a mortgage and 31.0% is privately owned outright.
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 10 The Mead House, Horsham, 18.2% of residents are recorded as possessing school level qualifications and 32.0% 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 10 The Mead House, Horsham, the average age was 40.8 and the most common age was 57.
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 10 The Mead House, Horsham, 1.3% 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 10 The Mead House, Horsham, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.