According to the public record, 42, Bowes Close, Horsham is a Leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 720 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Bowes Close, Horsham, RH13 is located in the borough of Horsham within the RH13 postal district.
42, Bowes Close, Horsham has 41 entries in the Land Registry database, most recently in September 2007 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 42 Bowes Close Horsham as £268,978 and the rental value as £1,208 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 42 Bowes Close Horsham has increased by £7,639 (2.8%) and its rental value has increased by £74 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 42, Bowes Close, Horsham is in very good condition we estimate a sale value of £282,427 and rental value of £1,269 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £250,150 and a rental value of £1,124 per month.
If you were able to purchase this property for the estimated value of £268,978, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,322 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, 42, Bowes Close, Horsham was last sold on 21 Sep 2007 for £200,500 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Sep 2007, the market for similar properties has risen 33.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Bowes Close, Horsham within a radius of 570 metres over the last 2 years.
The most recent example is 34, Bowes Close, Horsham, RH13 5SZ, a Leasehold flat which sold for £220,000 in Oct 2023.
Read more about house prices in RH13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bowes Close, Horsham, RH13 has a total of 50 addresses. According to our analysis of all the public data, 42, Bowes Close, Horsham is the 10th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £249k less expensive than the average property in RH13.
The closest station to 42, Bowes Close, Horsham is Horsham station which is 800 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 42, Bowes Close, Horsham, 45.9% of property is privately rented and 26.2% 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 42, Bowes Close, Horsham, 14.7% of residents are recorded as possessing school level qualifications and 41.8% 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 42, Bowes Close, Horsham, the average age was 42.2 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 42, Bowes Close, Horsham, 0.4% 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 42, Bowes Close, 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.