According to the public record, 4 Precision Court, Park Terrace East, Horsham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 807 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Park Terrace East, Horsham, RH13 is located in the borough of Horsham within the RH13 postal district.
4 Precision Court, Park Terrace East, Horsham has a single entry in the Land Registry database from May 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 4 Precision Court Park Terrace East Horsham as £333,898 and the rental value as £1,378 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 4 Precision Court Park Terrace East Horsham has increased by £12,579 (3.8%) and its rental value has increased by £103 per month (7.4%).
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 4 Precision Court, Park Terrace East, Horsham is in very good condition we estimate a sale value of £350,592 and rental value of £1,447 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £310,525 and a rental value of £1,281 per month.
If you were able to purchase this property for the estimated value of £333,898, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,641 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, 4 Precision Court, Park Terrace East, Horsham was last sold on 13 May 2016 for £270,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2016, the market for similar properties has risen 12.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4 Precision Court, Park Terrace East, Horsham within a radius of 430 metres over the last 2 years.
The most recent example is 8 Precision Court, Park Terrace East, Horsham, RH13 5DJ, a Leasehold flat which sold for £285,000 in Apr 2024.
Read more about house prices in RH13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Terrace East, Horsham, RH13 has a total of 61 addresses. According to our analysis of all the public data, 4 Precision Court, Park Terrace East, Horsham is the 33rd largest and the 41st most expensive property on the street.
When compared to the postcode district it is £184k less expensive than the average property in RH13.
The closest station to 4 Precision Court, Park Terrace East, Horsham is Horsham station which is 500 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 4 Precision Court, Park Terrace East, Horsham, 35.4% of property is socially rented and 24.8% 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 4 Precision Court, Park Terrace East, Horsham, 15.9% of residents are recorded as possessing school level qualifications and 33.5% 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 4 Precision Court, Park Terrace East, 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 4 Precision Court, Park Terrace East, 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 4 Precision Court, Park Terrace East, Horsham, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.