According to the public record, 119, Illett Way, Horsham is a modern freehold house with 710 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Illett Way, Faygate, Horsham, RH12 is located in the borough of Horsham within the RH12 postal district.
119, Illett Way, Horsham has a single entry in the Land Registry database from December 2021 and a single entry in the EPC database dated January 2022.
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 good condition, we estimate the current sale value for 119 Illett Way Horsham as £338,848 and the rental value as £1,548 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 119 Illett Way Horsham has increased by £1,787 (0.5%) and its rental value has increased by £79 per month (5.1%).
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 119, Illett Way, Horsham is in very good condition we estimate a sale value of £355,791 and rental value of £1,626 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £315,129 and a rental value of £1,440 per month.
If you were able to purchase this property for the estimated value of £338,848, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,665 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, 119, Illett Way, Horsham was last sold on 22 Dec 2021 for £337,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2021, the market for similar properties has risen 1.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 119, Illett Way, Horsham within a radius of 650 metres over the last 2 years.
The most recent example is 125, Illett Way, Horsham, RH12 0DN, a Freehold house which sold for £350,000 in Sep 2023.
Read more about house prices in RH12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Illett Way, Faygate, Horsham, RH12 has a total of 149 addresses. According to our analysis of all the public data, 119, Illett Way, Horsham is the 134th largest and the 94th most expensive property on the street.
When compared to the postcode district it is £120k less expensive than the average property in RH12.
119, Illett Way, Horsham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Jan 2022.
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 119, Illett Way, Horsham is Faygate station which is 2.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 119, Illett Way, Horsham, 50.0% of property is privately owned outright and 41.7% 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 119, Illett Way, Horsham, 15.6% of residents are recorded as possessing school level qualifications and 42.1% 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 119, Illett Way, Horsham, the average age was 39.6 and the most common age was 32.
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 119, Illett Way, Horsham, 3.2% 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 119, Illett Way, Horsham, there are an average of 2.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.