According to the public record, 15, Thomas Waters Way, Horley is a modern leasehold house and with 624 ft2 of internal area and sits on a 2,560 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Thomas Waters Way, Horley, RH6 is located in the borough of Reigate and Banstead within the RH6 postal district.
15, Thomas Waters Way, Horley has a single entry in the Land Registry database from November 2022 and a single entry in the EPC database dated June 2016.
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 15 Thomas Waters Way Horley as £355,436 and the rental value as £1,726 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 15 Thomas Waters Way Horley has increased by £2,421 (0.7%) and its rental value has increased by £98 per month (5.7%).
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 15, Thomas Waters Way, Horley is in very good condition we estimate a sale value of £373,208 and rental value of £1,812 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £330,556 and a rental value of £1,605 per month.
If you were able to purchase this property for the estimated value of £355,436, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,747 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, 15, Thomas Waters Way, Horley sits on a plot of 2560m2.
We have plot size data on 50 out of 50 other houses in the postcode and 15, Thomas Waters Way, Horley sits on the largest plot.
According to HM Land Registry, 15, Thomas Waters Way, Horley was last sold on 04 Nov 2022 for £362,500 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Nov 2022, the market for similar properties has dropped 2.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Thomas Waters Way, Horley within a radius of 879m over the last 2 years.
The most recent example is 37, Staffords Place, Horley, RH6 9GX, a Freehold house which sold for £320,000 in Jun 2021.
Read more about house prices in RH6.
Thomas Waters Way, Horley, RH6 has a total of 50 addresses. According to our analysis of all the public data, 15, Thomas Waters Way, Horley is the 46th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £87k less expensive than the average property in RH6.
15, Thomas Waters Way, Horley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Jun 2016.
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 15, Thomas Waters Way, Horley is Horley station which is 900 m 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 15, Thomas Waters Way, Horley, 55.1% of property is privately owned with a mortgage and 34.0% 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 15, Thomas Waters Way, Horley, 16.7% of residents are recorded as possessing school level qualifications and 36.2% 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 15, Thomas Waters Way, Horley, the average age was 38.9 and the most common age was 37.
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 15, Thomas Waters Way, Horley, 1.2% 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 15, Thomas Waters Way, Horley, 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.