According to the public record, 2, Gravett Close, Billingshurst is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,153 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Gravett Close, Billingshurst, RH14 is located in the borough of Horsham within the RH14 postal district.
2, Gravett Close, Billingshurst has a single entry in the Land Registry database from March 2020 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for 2 Gravett Close Billingshurst as £490,615 and the rental value as £1,777 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 2 Gravett Close Billingshurst has increased by £15,783 (3.2%) and its rental value has increased by £89 per month (5.0%).
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 2, Gravett Close, Billingshurst is in very good condition we estimate a sale value of £515,146 and rental value of £1,866 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £456,272 and a rental value of £1,652 per month.
If you were able to purchase this property for the estimated value of £490,615, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,411 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, 2, Gravett Close, Billingshurst was last sold on 27 Mar 2020 for £365,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2020, the market for similar properties has risen 21.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Gravett Close, Billingshurst within a radius of 990 metres over the last 2 years.
The most recent example is 2, Challen Street, Billingshurst, RH14 9FR, a Freehold house which sold for £370,000 in Jul 2021.
Read more about house prices in RH14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gravett Close, Billingshurst, RH14 has a total of 9 addresses. According to our analysis of all the public data, 2, Gravett Close, Billingshurst is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £66k less expensive than the average property in RH14.
The closest station to 2, Gravett Close, Billingshurst is Billingshurst station which is 1.3 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Gravett Close, Billingshurst, 42.9% of property is privately owned outright and 36.7% 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 2, Gravett Close, Billingshurst, 15.4% of residents are recorded as possessing school level qualifications and 39.3% 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 2, Gravett Close, 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 2, Gravett Close, 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 2, Gravett Close, Billingshurst, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.