42, Somerset Road, Horsham has a single entry in the Land Registry database from January 2021 and a single entry in the EPC database dated August 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
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, Somerset Road, Horsham is in very good condition we estimate a sale value of £389,196 and rental value of £1,731 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £344,716 and a rental value of £1,534 per month.
If you were able to purchase this property for the estimated value of £370,663, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,822 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, Somerset Road, Horsham was last sold on 29 Jan 2021 for £320,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2021, the market for similar properties has risen 10.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Somerset Road, Horsham within a radius of 630 metres over the last 2 years.
The most recent example is 21, Somerset Road, Horsham, RH12 0BY, a Freehold house which sold for £350,000 in Sep 2023.
Read more about house prices in RH12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Somerset Road, Faygate, Horsham, RH12 has a total of 48 addresses. According to our analysis of all the public data, 42, Somerset Road, Horsham is the 18th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £88k less expensive than the average property in RH12.
42, Somerset Road, Horsham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Aug 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
According to the public record, 42, Somerset Road, Horsham is a modern freehold house with 785 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Somerset Road, Faygate, Horsham, RH12 is located in the borough of Horsham within the RH12 postal district.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for 42 Somerset Road Horsham as £370,663 and the rental value as £1,649 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 42 Somerset Road Horsham has increased by £1,955 (0.5%) and its rental value has increased by £84 per month (5.1%).
The closest station to 42, Somerset Road, Horsham is Ifield station which is 2.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 42, Somerset Road, 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 42, Somerset Road, 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 42, Somerset Road, 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 42, Somerset Road, 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 42, Somerset Road, 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.