According to the public record, 48, Wallis Way, Horsham is a modern leasehold apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Wallis Way, Horsham, RH13 is located in the borough of Horsham within the RH13 postal district.
48, Wallis Way, Horsham has 41 entries in the Land Registry database, most recently in October 2021 and a single entry in the EPC database dated December 2014.
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 48 Wallis Way Horsham as £212,111 and the rental value as £1,014 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 48 Wallis Way Horsham has increased by £4,510 (2.1%) and its rental value has increased by £57 per month (5.6%).
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 48, Wallis Way, Horsham is in very good condition we estimate a sale value of £222,716 and rental value of £1,065 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £197,263 and a rental value of £943 per month.
If you were able to purchase this property for the estimated value of £212,111, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,042 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, 48, Wallis Way, Horsham was last sold on 29 Oct 2021 for £215,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Oct 2021, the market for similar properties has risen 5.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Wallis Way, Horsham within a radius of 540 metres over the last 2 years.
The most recent example is 7 Forest Lodge, Forest Road, Horsham, RH12 4HY, a Leasehold flat which sold for £185,000 in Dec 2023.
Read more about house prices in RH13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wallis Way, Horsham, RH13 has a total of 89 addresses. According to our analysis of all the public data, 48, Wallis Way, Horsham is the 70th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £305k less expensive than the average property in RH13.
48, Wallis Way, Horsham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Dec 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 48, Wallis Way, Horsham is Littlehaven station which is 1.1 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 48, Wallis Way, Horsham, 55.6% of property is privately owned outright and 34.1% 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 48, Wallis Way, Horsham, 13.2% of residents are recorded as possessing school level qualifications and 35.5% 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 48, Wallis Way, 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 48, Wallis Way, Horsham, 2.1% 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 48, Wallis Way, Horsham, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.