According to the public record, 35, Sussex Lodge, Horsham is a modern leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Sussex Lodge, North Parade, Horsham, RH12.
North Parade, Horsham, RH12 is located in the borough of Horsham within the RH12 postal district.
35, Sussex Lodge, Horsham has 41 entries in the Land Registry database, most recently in October 2023 and a single entry in the EPC database dated September 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 35 Sussex Lodge Horsham as £187,582 and the rental value as £945 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 35 Sussex Lodge Horsham has increased by £2,565 (1.4%) and its rental value has increased by £43 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 35, Sussex Lodge, Horsham is in very good condition we estimate a sale value of £196,961 and rental value of £993 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £174,451 and a rental value of £879 per month.
If you were able to purchase this property for the estimated value of £187,582, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £922 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, 35, Sussex Lodge, Horsham was last sold on 26 Oct 2023 for £175,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Oct 2023, the market for similar properties has risen 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 35, Sussex Lodge, Horsham within a radius of 580 metres over the last 2 years.
The most recent example is 16, Sussex Lodge, North Parade, Horsham, RH12 2DD, a Leasehold flat which sold for £178,500 in Jan 2024.
Read more about house prices in RH12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
North Parade, Horsham, RH12 has a total of 174 addresses. According to our analysis of all the public data, 35, Sussex Lodge, Horsham is the 120th largest and the 121st most expensive property on the street.
When compared to the postcode district it is £271k less expensive than the average property in RH12.
35, Sussex Lodge, Horsham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Sep 2022.
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 35, Sussex Lodge, Horsham is Horsham station which is 900 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 35, Sussex Lodge, Horsham, 48.6% of property is privately owned outright and 29.6% 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 35, Sussex Lodge, Horsham, 9.9% of residents are recorded as possessing school level qualifications and 35.6% 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 35, Sussex Lodge, 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 35, Sussex Lodge, Horsham, 0.8% 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 35, Sussex Lodge, 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.