According to the public record, 46, Sullington Mead, Horsham is a mid-century leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Sullington Mead, Broadbridge Heath, Horsham, RH12 is located in the borough of Horsham within the RH12 postal district.
46, Sullington Mead, Horsham has a single entry in the Land Registry database from November 2022 and a single entry in the EPC database dated May 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 reasonable condition, we estimate the current sale value for 46 Sullington Mead Horsham as £214,703 and the rental value as £1,154 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 46 Sullington Mead Horsham has increased by £4,247 (2.0%) and its rental value has increased by £61 per month (5.3%).
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 46, Sullington Mead, Horsham is in very good condition we estimate a sale value of £225,439 and rental value of £1,212 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £199,674 and a rental value of £1,073 per month.
If you were able to purchase this property for the estimated value of £214,703, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,055 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, 46, Sullington Mead, Horsham was last sold on 23 Nov 2022 for £195,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2022, the market for similar properties has risen 0.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 46, Sullington Mead, Horsham within a radius of 780 metres over the last 2 years.
The most recent example is 11, Swann Way, Horsham, RH12 3NQ, a Leasehold flat which sold for £204,500 in Aug 2023.
Read more about house prices in RH12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sullington Mead, Broadbridge Heath, Horsham, RH12 has a total of 55 addresses. According to our analysis of all the public data, 46, Sullington Mead, Horsham is the 40th largest and the 41st most expensive property on the street.
When compared to the postcode district it is £244k less expensive than the average property in RH12.
46, Sullington Mead, Horsham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 May 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric heaters.
The closest station to 46, Sullington Mead, Horsham is Christs Hospital station which is 2.3 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 46, Sullington Mead, Horsham, 35.8% of property is socially rented and 28.9% 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 46, Sullington Mead, Horsham, 16.4% of residents are recorded as possessing school level qualifications and 27.8% 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 46, Sullington Mead, 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 46, Sullington Mead, 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 46, Sullington Mead, Horsham, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.