According to the public record, 2, Somergate, Horsham is a mid-century freehold house with 505 ft2 of internal area and sits on a 111 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Somergate, Horsham, RH12 is located in the borough of Horsham within the RH12 postal district.
2, Somergate, Horsham has 31 entries in the Land Registry database, most recently in October 2023 and a single entry in the EPC database dated August 2022.
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 2 Somergate Horsham as £300,726 and the rental value as £1,231 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 2 Somergate Horsham has increased by £7,284 (2.4%) and its rental value has increased by £73 per month (5.9%).
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 2, Somergate, Horsham is in very good condition we estimate a sale value of £315,762 and rental value of £1,293 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £279,675 and a rental value of £1,145 per month.
If you were able to purchase this property for the estimated value of £300,726, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,478 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, 2, Somergate, Horsham sits on a plot of 111m2.
We have plot size data on 22 out of 31 other houses in the postcode and 2, Somergate, Horsham sits on the 17th largest plot.
According to HM Land Registry, 2, Somergate, Horsham was last sold on 18 Oct 2023 for £276,250 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Oct 2023, the market for similar properties has risen 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Somergate, Horsham within a radius of 680 metres over the last 2 years.
The most recent example is 3, Meadvale, Horsham, RH12 1UL, a Freehold house which sold for £302,500 in Aug 2023.
Read more about house prices in RH12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Somergate, Horsham, RH12 has a total of 35 addresses. According to our analysis of all the public data, 2, Somergate, Horsham is the 27th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £158k less expensive than the average property in RH12.
2, Somergate, Horsham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Aug 2022.
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 2, Somergate, Horsham is Christs Hospital station which is 1.7 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Somergate, Horsham, 41.3% of property is privately owned with a mortgage and 31.9% 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 2, Somergate, Horsham, 14.3% of residents are recorded as possessing school level qualifications and 35.7% 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 2, Somergate, 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 2, Somergate, 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 2, Somergate, Horsham, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.