According to the public record, 27, Gorringes Brook, Horsham is a modern leasehold apartment with 409 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Gorringes Brook, Horsham, RH12 is located in the borough of Horsham within the RH12 postal district.
27, Gorringes Brook, Horsham has 41 entries in the Land Registry database, most recently in August 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 27 Gorringes Brook Horsham as £181,541 and the rental value as £913 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 27 Gorringes Brook Horsham has increased by £2,339 (1.3%) and its rental value has increased by £41 per month (4.5%).
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 27, Gorringes Brook, Horsham is in very good condition we estimate a sale value of £190,618 and rental value of £959 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £168,833 and a rental value of £849 per month.
If you were able to purchase this property for the estimated value of £181,541, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £892 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, 27, Gorringes Brook, Horsham was last sold on 25 Aug 2023 for £170,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Aug 2023, the market for similar properties has risen 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Gorringes Brook, Horsham within a radius of 760 metres over the last 2 years.
The most recent example is 39, Gorringes Brook, Horsham, RH12 5HH, a Leasehold flat which sold for £173,500 in Mar 2024.
Read more about house prices in RH12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gorringes Brook, Horsham, RH12 has a total of 69 addresses. According to our analysis of all the public data, 27, Gorringes Brook, Horsham is the 43rd largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £277k less expensive than the average property in RH12.
27, Gorringes Brook, Horsham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Aug 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 27, Gorringes Brook, Horsham is Warnham station which is 1.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 27, Gorringes Brook, Horsham, 38.4% of property is socially rented and 28.8% 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 27, Gorringes Brook, Horsham, 18.9% of residents are recorded as possessing school level qualifications and 30.4% 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 27, Gorringes Brook, Horsham, the average age was 43 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 27, Gorringes Brook, 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 27, Gorringes Brook, Horsham, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.