According to the public record, 5, Gorringes Brook, Horsham is a modern leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Gorringes Brook, Horsham, RH12 is located in the borough of Horsham within the RH12 postal district.
5, Gorringes Brook, Horsham has 51 entries in the Land Registry database, most recently in October 2019 and a single entry in the EPC database dated October 2013.
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 5 Gorringes Brook Horsham as £242,399 and the rental value as £1,185 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 5 Gorringes Brook Horsham has increased by £5,979 (2.5%) and its rental value has increased by £67 per month (5.7%).
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 5, Gorringes Brook, Horsham is in very good condition we estimate a sale value of £254,519 and rental value of £1,245 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £225,431 and a rental value of £1,102 per month.
If you were able to purchase this property for the estimated value of £242,399, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,191 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, 5, Gorringes Brook, Horsham was last sold on 31 Oct 2019 for £215,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Oct 2019, the market for similar properties has risen 9.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Gorringes Brook, Horsham within a radius of 740 metres over the last 2 years.
The most recent example is 17, Gorringes Brook, Horsham, RH12 5HH, a Leasehold flat which sold for £200,000 in Dec 2023.
Read more about house prices in RH12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gorringes Brook, Horsham, RH12 has a total of 69 addresses. According to our analysis of all the public data, 5, Gorringes Brook, Horsham is the 4th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £216k less expensive than the average property in RH12.
5, Gorringes Brook, Horsham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Oct 2013.
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 5, Gorringes Brook, Horsham is Warnham station which is 1.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Gorringes Brook, Horsham, 38.4% of property is socially rented and 28.8% 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 5, Gorringes Brook, Horsham, 18.9% of residents are recorded as possessing school level qualifications and 30.4% 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 5, Gorringes Brook, 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 5, Gorringes Brook, 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 5, Gorringes Brook, Horsham, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.