According to the public record, 3 Ridgeway Court, Horsham is a period leasehold apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Ridgeway Court, Church Street, Rudgwick, Horsham, RH12.
Church Street, Rudgwick, Horsham, RH12 is located in the borough of Horsham within the RH12 postal district.
3 Ridgeway Court, Horsham has a single entry in the Land Registry database from November 2021 and a single entry in the EPC database dated September 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 3 Ridgeway Court Horsham as £252,526 and the rental value as £1,141 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 3 Ridgeway Court Horsham has increased by £6,724 (2.7%) and its rental value has increased by £69 per month (6.1%).
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 3 Ridgeway Court, Horsham is in very good condition we estimate a sale value of £265,153 and rental value of £1,198 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £234,849 and a rental value of £1,061 per month.
If you were able to purchase this property for the estimated value of £252,526, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,241 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 Ridgeway Court, Horsham was last sold on 19 Nov 2021 for £240,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2021, the market for similar properties has risen 5.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 Ridgeway Court, Horsham within a radius of 4.0 kilometres over the last 2 years.
The most recent example is 2 Martlet Court, Church Street, Horsham, RH12 3GF, a Leasehold flat which sold for £225,000 in Feb 2022.
Read more about house prices in RH12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Church Street, Rudgwick, Horsham, RH12 has a total of 152 addresses. According to our analysis of all the public data, 3 Ridgeway Court, Horsham is the 142nd largest and the 132nd most expensive property on the street.
When compared to the postcode district it is £206k less expensive than the average property in RH12.
3 Ridgeway Court, Horsham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Sep 2021.
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 Ridgeway Court, Horsham is Christs Hospital station which is 7.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 3 Ridgeway Court, Horsham, 47.6% of property is privately owned outright and 42.1% 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 Ridgeway Court, Horsham, 21.2% of residents are recorded as possessing school level qualifications and 41.7% 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 Ridgeway Court, Horsham, the average age was 44.3 and the most common age was 57.
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 Ridgeway Court, 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 3 Ridgeway Court, Horsham, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.