According to the public record, 247, South Holmes Road, Horsham is a mid-century leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
South Holmes Road, Horsham, RH13 is located in the borough of Horsham within the RH13 postal district.
247, South Holmes Road, Horsham has a single entry in the Land Registry database from December 2021 and a single entry in the EPC database dated November 2021.
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 247 South Holmes Road Horsham as £188,035 and the rental value as £1,025 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 247 South Holmes Road Horsham has increased by £2,866 (1.5%) and its rental value has increased by £52 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 247, South Holmes Road, Horsham is in very good condition we estimate a sale value of £197,437 and rental value of £1,076 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £174,873 and a rental value of £953 per month.
If you were able to purchase this property for the estimated value of £188,035, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £924 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, 247, South Holmes Road, Horsham was last sold on 09 Dec 2021 for £170,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2021, the market for similar properties has risen 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 247, South Holmes Road, Horsham within a radius of 660 metres over the last 2 years.
The most recent example is 7 Medway Court, Birches Road, Horsham, RH12 4NL, a Leasehold flat which sold for £200,000 in May 2023.
Read more about house prices in RH13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
South Holmes Road, Horsham, RH13 has a total of 256 addresses. According to our analysis of all the public data, 247, South Holmes Road, Horsham is the 51st largest and the 48th most expensive property on the street.
When compared to the postcode district it is £329k less expensive than the average property in RH13.
247, South Holmes Road, Horsham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Nov 2021.
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 247, South Holmes Road, Horsham is Littlehaven station which is 1.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 247, South Holmes Road, Horsham, 58.9% of property is socially rented and 14.7% 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 247, South Holmes Road, Horsham, 13.6% of residents are recorded as possessing school level qualifications and 23.0% 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 247, South Holmes Road, Horsham, the average age was 39.6 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 247, South Holmes Road, 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 247, South Holmes Road, Horsham, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.