According to the public record, 18, Groombridge Way, Horsham is a modern freehold house with 710 ft2 of internal area and sits on a 180 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Groombridge Way, Horsham, RH12 is located in the borough of Horsham within the RH12 postal district.
18, Groombridge Way, Horsham has 51 entries in the Land Registry database, most recently in August 2020 and a single entry in the EPC database dated December 2015.
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 18 Groombridge Way Horsham as £366,966 and the rental value as £1,514 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 18 Groombridge Way Horsham has increased by £6,097 (1.7%) and its rental value has increased by £78 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 18, Groombridge Way, Horsham is in very good condition we estimate a sale value of £385,314 and rental value of £1,590 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £341,278 and a rental value of £1,408 per month.
If you were able to purchase this property for the estimated value of £366,966, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,804 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, 18, Groombridge Way, Horsham sits on a plot of 180m2.
We have plot size data on 19 out of 26 other houses in the postcode and 18, Groombridge Way, Horsham sits on the 7th largest plot.
According to HM Land Registry, 18, Groombridge Way, Horsham was last sold on 28 Aug 2020 for £317,500 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Aug 2020, the market for similar properties has risen 14.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Groombridge Way, Horsham within a radius of 610 metres over the last 2 years.
The most recent example is 12, Wakehurst Mews, Horsham, RH12 1XE, a Freehold house which sold for £383,000 in Jan 2023.
Read more about house prices in RH12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Groombridge Way, Horsham, RH12 has a total of 26 addresses. According to our analysis of all the public data, 18, Groombridge Way, Horsham is the 9th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £92k less expensive than the average property in RH12.
18, Groombridge Way, Horsham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Dec 2015.
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 18, Groombridge Way, Horsham is Christs Hospital station which is 1.5 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 18, Groombridge Way, Horsham, 40.3% of property is privately owned with a mortgage and 34.3% 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 18, Groombridge Way, Horsham, 15.2% of residents are recorded as possessing school level qualifications and 32.4% 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 18, Groombridge Way, Horsham, the average age was 39.1 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 18, Groombridge Way, 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 18, Groombridge Way, Horsham, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.