According to the public record, 16, Silver Lane, Billingshurst is a mid-century freehold house with 1,646 ft2 of internal area and sits on a 1,202 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Silver Lane, Billingshurst, RH14 is located in the borough of Horsham within the RH14 postal district.
16, Silver Lane, Billingshurst has a single entry in the Land Registry database from February 2020 and a single entry in the EPC database dated February 2020.
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 16 Silver Lane Billingshurst as £682,697 and the rental value as £2,042 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of 16 Silver Lane Billingshurst has increased by £12,459 (1.8%) and its rental value has increased by £73 per month (3.6%).
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 16, Silver Lane, Billingshurst is in very good condition we estimate a sale value of £716,831 and rental value of £2,144 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £634,908 and a rental value of £1,899 per month.
If you were able to purchase this property for the estimated value of £682,697, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,355 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, 16, Silver Lane, Billingshurst sits on a plot of 1202m2.
We have plot size data on 6 out of 16 other houses in the postcode and 16, Silver Lane, Billingshurst sits on the 2nd largest plot.
According to HM Land Registry, 16, Silver Lane, Billingshurst was last sold on 21 Feb 2020 for £460,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2020, the market for similar properties has risen 20.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Silver Lane, Billingshurst within a radius of 700 metres over the last 2 years.
The most recent example is Summerley, West Street, Billingshurst, RH14 9LG, a Freehold house which sold for £650,000 in Aug 2023.
Read more about house prices in RH14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Silver Lane, Billingshurst, RH14 has a total of 64 addresses. According to our analysis of all the public data, 16, Silver Lane, Billingshurst is the 16th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £126k more expensive than the average property in RH14.
16, Silver Lane, Billingshurst has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 Feb 2020.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 16, Silver Lane, Billingshurst is Billingshurst station which is 400 metres 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 16, Silver Lane, Billingshurst, 47.6% of property is privately owned outright and 40.6% 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 16, Silver Lane, Billingshurst, 19.7% of residents are recorded as possessing school level qualifications and 35.4% 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 16, Silver Lane, Billingshurst, the average age was 40.9 and the most common age was 52.
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 16, Silver Lane, Billingshurst, 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 16, Silver Lane, Billingshurst, 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.