According to the public record, 22, Magnolia Court, Horley is a modern leasehold apartment and with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Magnolia Court, Horley, RH6 is located in the borough of Reigate and Banstead within the RH6 postal district.
22, Magnolia Court, Horley has 41 entries in the Land Registry database, most recently in December 2021 and 4 entries in the EPC database, most recently in January 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 22 Magnolia Court Horley as £148,928 and the rental value as £922 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 22 Magnolia Court Horley has increased by £2,835 (1.9%) and its rental value has increased by £65 per month (7.0%).
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 22, Magnolia Court, Horley is in very good condition we estimate a sale value of £156,374 and rental value of £968 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £138,503 and a rental value of £858 per month.
If you were able to purchase this property for the estimated value of £148,928, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £732 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, 22, Magnolia Court, Horley was last sold on 20 Dec 2021 for £95,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Dec 2021, the market for similar properties has risen 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Magnolia Court, Horley within a radius of 0m over the last 2 years.
The most recent example is 4, Magnolia Court, Horley, RH6 7FB, a Leasehold flat which sold for £130,000 in Jul 2024.
Read more about house prices in RH6.
Magnolia Court, Horley, RH6 has a total of 44 addresses. According to our analysis of all the public data, 22, Magnolia Court, Horley is the 29th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £293k less expensive than the average property in RH6.
22, Magnolia Court, Horley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Jan 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 22, Magnolia Court, Horley is Horley station which is 700 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 22, Magnolia Court, Horley, 45.1% of property is privately owned outright and 26.8% 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 22, Magnolia Court, Horley, 20.0% of residents are recorded as possessing school level qualifications and 25.4% 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 22, Magnolia Court, Horley, the average age was 41.2 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 22, Magnolia Court, Horley, 2.3% 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 22, Magnolia Court, Horley, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.