According to the public record, 49, Lakers Meadow, Billingshurst is a modern leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Lakers Meadow, Billingshurst, RH14 is located in the borough of Horsham within the RH14 postal district.
49, Lakers Meadow, Billingshurst has 41 entries in the Land Registry database, most recently in March 2022 and a single entry in the EPC database dated April 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 49 Lakers Meadow Billingshurst as £182,284 and the rental value as £728 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 49 Lakers Meadow Billingshurst has increased by £4,907 (2.7%) and its rental value has increased by £32 per month (4.4%).
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 49, Lakers Meadow, Billingshurst is in very good condition we estimate a sale value of £191,398 and rental value of £764 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £169,524 and a rental value of £677 per month.
If you were able to purchase this property for the estimated value of £182,284, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £896 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, 49, Lakers Meadow, Billingshurst was last sold on 29 Mar 2022 for £172,500 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Mar 2022, the market for similar properties has risen 3.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49, Lakers Meadow, Billingshurst within a radius of 560 metres over the last 2 years.
The most recent example is 67, Lakers Meadow, Billingshurst, RH14 9NP, a Leasehold flat which sold for £185,000 in Oct 2022.
Read more about house prices in RH14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lakers Meadow, Billingshurst, RH14 has a total of 45 addresses. According to our analysis of all the public data, 49, Lakers Meadow, Billingshurst is the 38th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £375k less expensive than the average property in RH14.
49, Lakers Meadow, Billingshurst has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Apr 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 49, Lakers Meadow, Billingshurst is Billingshurst station which is 800 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 49, Lakers Meadow, Billingshurst, 40.6% of property is privately owned outright and 38.4% 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 49, Lakers Meadow, Billingshurst, 9.5% of residents are recorded as possessing school level qualifications and 44.8% 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 49, Lakers Meadow, Billingshurst, the average age was 40.9 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 49, Lakers Meadow, Billingshurst, 1.6% 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 49, Lakers Meadow, Billingshurst, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.