According to the public record, 3, Red River Court, Horsham is a modern leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Red River Court, Horsham, RH12 is located in the borough of Horsham within the RH12 postal district.
3, Red River Court, Horsham has 51 entries in the Land Registry database, most recently in January 2021 and a single entry in the EPC database dated August 2014.
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 3 Red River Court Horsham as £248,205 and the rental value as £1,246 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 3 Red River Court Horsham has increased by £6,835 (2.8%) and its rental value has increased by £74 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 3, Red River Court, Horsham is in very good condition we estimate a sale value of £260,616 and rental value of £1,309 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £230,831 and a rental value of £1,159 per month.
If you were able to purchase this property for the estimated value of £248,205, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,220 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, Red River Court, Horsham was last sold on 19 Jan 2021 for £210,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Jan 2021, the market for similar properties has risen 9.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Red River Court, Horsham within a radius of 760 metres over the last 2 years.
The most recent example is 15, Red River Court, Horsham, RH12 2HS, a Leasehold flat which sold for £250,000 in Feb 2024.
Read more about house prices in RH12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Red River Court, Horsham, RH12 has a total of 24 addresses. According to our analysis of all the public data, 3, Red River Court, Horsham is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £210k less expensive than the average property in RH12.
3, Red River Court, Horsham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Aug 2014.
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 3, Red River Court, Horsham is Horsham station which is 1.6 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Red River Court, Horsham, 36.0% of property is socially rented and 28.1% 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 3, Red River Court, Horsham, 21.8% of residents are recorded as possessing school level qualifications and 37.3% 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, Red River Court, Horsham, the average age was 42.1 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 3, Red River Court, Horsham, 1.3% 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 3, Red River Court, 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.