According to the public record, 3 Iris House, Crawley is a modern leasehold apartment and with 796 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Iris House, Daffodil Crescent, Crawley, RH10.
Daffodil Crescent, Crawley, RH10 is located in the borough of Crawley within the RH10 postal district.
3 Iris House, Crawley has a single entry in the Land Registry database from October 2019 and a single entry in the EPC database dated September 2019.
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 good condition, we estimate the current sale value for 3 Iris House Crawley as £264,656 and the rental value as £1,318 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 3 Iris House Crawley has increased by £2,046 (0.8%) and its rental value has increased by £55 per month (4.2%).
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 3 Iris House, Crawley is in very good condition we estimate a sale value of £277,888 and rental value of £1,383 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £246,130 and a rental value of £1,225 per month.
If you were able to purchase this property for the estimated value of £264,656, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,301 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, 3 Iris House, Crawley was last sold on 31 Oct 2019 for £256,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2019, the market for similar properties has risen 4.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 Iris House, Crawley within a radius of 107m over the last 2 years.
The most recent example is 12 Crocus House, Daffodil Crescent, Crawley, RH10 3GQ, a Leasehold flat which sold for £270,000 in Aug 2023.
Read more about house prices in RH10.
Daffodil Crescent, Crawley, RH10 has a total of 159 addresses. According to our analysis of all the public data, 3 Iris House, Crawley is the 90th largest and the 107th most expensive property on the street.
When compared to the postcode district it is £135k less expensive than the average property in RH10.
3 Iris House, Crawley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Sep 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 3 Iris House, Crawley is Gatwick Airport station which is 2.3 km 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 3 Iris House, Crawley, 43.7% of property is privately owned outright and 37.0% 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 3 Iris House, Crawley, 16.5% of residents are recorded as possessing school level qualifications and 32.8% 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 3 Iris House, Crawley, the average age was 37.2 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 3 Iris House, Crawley, 0.7% 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 3 Iris House, Crawley, 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.