According to the public record, 12, Rainbow Way, Pulborough is a mid-century freehold house with 1,194 ft2 of internal area and sits on a 450 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Rainbow Way, Storrington, Pulborough, RH20 is located in the borough of Horsham within the RH20 postal district.
12, Rainbow Way, Pulborough has 2 entries in the Land Registry database, most recently in March 2021 and a single entry in the EPC database dated February 2014.
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 12 Rainbow Way Pulborough as £430,956 and the rental value as £1,874 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 12 Rainbow Way Pulborough has increased by £7,335 (1.7%) and its rental value has increased by £92 per month (4.9%).
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 12, Rainbow Way, Pulborough is in very good condition we estimate a sale value of £452,504 and rental value of £1,968 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £400,789 and a rental value of £1,743 per month.
If you were able to purchase this property for the estimated value of £430,956, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,118 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 data from HM Land Registry, 12, Rainbow Way, Pulborough sits on a plot of 450m2.
We have plot size data on 9 out of 14 other houses in the postcode and 12, Rainbow Way, Pulborough sits on the 2nd largest plot.
According to HM Land Registry, 12, Rainbow Way, Pulborough was last sold on 12 Mar 2021 for £475,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2021, the market for similar properties has risen 9.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Rainbow Way, Pulborough within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 25, Concorde Close, Pulborough, RH20 3JL, a Freehold house which sold for £442,500 in Oct 2023.
Read more about house prices in RH20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rainbow Way, Storrington, Pulborough, RH20 has a total of 14 addresses. According to our analysis of all the public data, 12, Rainbow Way, Pulborough is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £157k less expensive than the average property in RH20.
12, Rainbow Way, Pulborough has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Feb 2014.
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 12, Rainbow Way, Pulborough is Pulborough station which is 6.6 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 12, Rainbow Way, Pulborough, 40.3% of property is privately owned with a mortgage and 35.6% 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 12, Rainbow Way, Pulborough, 22.9% of residents are recorded as possessing school level qualifications and 31.7% 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 12, Rainbow Way, Pulborough, the average age was 44 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 12, Rainbow Way, Pulborough, 0.4% 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 12, Rainbow Way, Pulborough, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.