According to the public record, 5, Lakers Meadow, Billingshurst is a modern freehold house with 452 ft2 of internal area and sits on a 154 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Lakers Meadow, Billingshurst, RH14 is located in the borough of Horsham within the RH14 postal district.
5, Lakers Meadow, Billingshurst has a single entry in the Land Registry database from May 2018 and a single entry in the EPC database dated October 2017.
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 Lakers Meadow Billingshurst as £267,497 and the rental value as £1,046 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 5 Lakers Meadow Billingshurst has increased by £8,909 (3.3%) and its rental value has increased by £53 per month (5.1%).
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, Lakers Meadow, Billingshurst is in very good condition we estimate a sale value of £280,872 and rental value of £1,098 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £248,772 and a rental value of £973 per month.
If you were able to purchase this property for the estimated value of £267,497, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,315 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 data from HM Land Registry, 5, Lakers Meadow, Billingshurst sits on a plot of 154m2.
We have plot size data on 20 out of 27 other houses in the postcode and 5, Lakers Meadow, Billingshurst sits on the 15th largest plot.
According to HM Land Registry, 5, Lakers Meadow, Billingshurst was last sold on 25 May 2018 for £215,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2018, the market for similar properties has risen 16.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Lakers Meadow, Billingshurst within a radius of 580 metres over the last 2 years.
The most recent example is 9 Hillview, High Street, Billingshurst, RH14 9ER, a Freehold house which sold for £325,000 in May 2023.
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, 5, Lakers Meadow, Billingshurst is the 32nd largest and the 25th most expensive property on the street.
When compared to the postcode district it is £289k less expensive than the average property in RH14.
5, Lakers Meadow, Billingshurst has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Oct 2017.
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, 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 5, 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 5, 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 5, 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 5, 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 5, 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.