According to the public record, 116, Parsonage Road, Horsham is a modern leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Parsonage Road, Horsham, RH12 is located in the borough of Horsham within the RH12 postal district.
116, Parsonage Road, Horsham has 2 entries in the Land Registry database, most recently in March 2023 and a single entry in the EPC database dated December 2017.
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 116 Parsonage Road Horsham as £284,742 and the rental value as £1,225 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 116 Parsonage Road Horsham has increased by £7,396 (2.6%) and its rental value has increased by £71 per month (5.8%).
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 116, Parsonage Road, Horsham is in very good condition we estimate a sale value of £298,979 and rental value of £1,286 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £264,810 and a rental value of £1,139 per month.
If you were able to purchase this property for the estimated value of £284,742, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,399 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, 116, Parsonage Road, Horsham was last sold on 21 Mar 2023 for £271,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2023, the market for similar properties has risen 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 116, Parsonage Road, Horsham within a radius of 620 metres over the last 2 years.
The most recent example is 84, Parsonage Road, Horsham, RH12 4AN, a Leasehold flat which sold for £290,000 in May 2021.
Read more about house prices in RH12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parsonage Road, Horsham, RH12 has a total of 95 addresses. According to our analysis of all the public data, 116, Parsonage Road, Horsham is the 85th largest and the 86th most expensive property on the street.
When compared to the postcode district it is £174k less expensive than the average property in RH12.
116, Parsonage Road, Horsham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Dec 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 116, Parsonage Road, Horsham is Horsham station which is 900 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 116, Parsonage Road, Horsham, 40.7% of property is privately owned with a mortgage and 35.0% 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 116, Parsonage Road, Horsham, 18.8% of residents are recorded as possessing school level qualifications and 37.7% 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 116, Parsonage Road, Horsham, the average age was 43.4 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 116, Parsonage Road, Horsham, 0.0% 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 116, Parsonage Road, Horsham, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.