According to the public record, 4, Spruce Hill Brook, Horsham is a modern freehold house with 882 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Spruce Hill Brook, Faygate, Horsham, RH12 is located in the borough of Horsham within the RH12 postal district.
4, Spruce Hill Brook, Horsham has a single entry in the Land Registry database from May 2022 and a single entry in the EPC database dated April 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 good condition, we estimate the current sale value for 4 Spruce Hill Brook Horsham as £398,257 and the rental value as £1,759 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 4 Spruce Hill Brook Horsham has increased by £2,101 (0.5%) and its rental value has increased by £90 per month (5.1%).
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 4, Spruce Hill Brook, Horsham is in very good condition we estimate a sale value of £418,170 and rental value of £1,847 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £370,379 and a rental value of £1,636 per month.
If you were able to purchase this property for the estimated value of £398,257, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,957 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, Spruce Hill Brook, Horsham was last sold on 26 May 2022 for £399,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2022, the market for similar properties has dropped 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Spruce Hill Brook, Horsham within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 14, Spruce Hill Brook, Horsham, RH12 0DY, a Freehold house which sold for £404,950 in Aug 2022.
Read more about house prices in RH12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spruce Hill Brook, Faygate, Horsham, RH12 has a total of 23 addresses. According to our analysis of all the public data, 4, Spruce Hill Brook, Horsham is the 11th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £60k less expensive than the average property in RH12.
4, Spruce Hill Brook, Horsham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Apr 2022.
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 4, Spruce Hill Brook, Horsham is Faygate station which is 1.3 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 4, Spruce Hill Brook, Horsham, 50.0% of property is privately owned outright and 41.7% 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, Spruce Hill Brook, Horsham, 15.6% of residents are recorded as possessing school level qualifications and 42.1% 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, Spruce Hill Brook, Horsham, the average age was 39.6 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, Spruce Hill Brook, Horsham, 3.2% 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, Spruce Hill Brook, Horsham, there are an average of 2.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.