According to the public record, 38, Tilletts Lane, Horsham is a mid-century leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 38, Tilletts Lane, Warnham, Horsham, RH12.
Tilletts Lane, Warnham, Horsham, RH12 is located in the borough of Horsham within the RH12 postal district.
38, Tilletts Lane, Horsham has 3 entries in the Land Registry database, most recently in April 2023 and a single entry in the EPC database dated January 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 38 Tilletts Lane Horsham as £246,582 and the rental value as £1,211 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 38 Tilletts Lane Horsham has increased by £6,264 (2.5%) and its rental value has increased by £72 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 38, Tilletts Lane, Horsham is in very good condition we estimate a sale value of £258,911 and rental value of £1,272 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £229,321 and a rental value of £1,127 per month.
If you were able to purchase this property for the estimated value of £246,582, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,212 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, 38, Tilletts Lane, Horsham was last sold on 26 Apr 2023 for £270,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2023, the market for similar properties has risen 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Tilletts Lane, Horsham within a radius of 2.3 kilometres over the last 2 years.
The most recent example is 58, Tilletts Lane, Horsham, RH12 3RD, a Leasehold flat which sold for £187,000 in Feb 2022.
Read more about house prices in RH12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tilletts Lane, Warnham, Horsham, RH12 has a total of 73 addresses. According to our analysis of all the public data, 38, Tilletts Lane, Horsham is the 28th largest and the 44th most expensive property on the street.
When compared to the postcode district it is £212k less expensive than the average property in RH12.
38, Tilletts Lane, Horsham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Jan 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 38, Tilletts Lane, Horsham is Warnham station which is 1.7 kilometres 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 38, Tilletts Lane, Horsham, 46.7% of property is socially rented and 25.8% 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 38, Tilletts Lane, Horsham, 18.8% of residents are recorded as possessing school level qualifications and 22.4% 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 38, Tilletts Lane, 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 38, Tilletts Lane, 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 38, Tilletts Lane, Horsham, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.