According to the public record, 5 Margaret Cottages, Horsham is a period leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Margaret Cottages, Station Road, Cowfold, Horsham, RH13.
Station Road, Cowfold, Horsham, RH13 is located in the borough of Horsham within the RH13 postal district.
5 Margaret Cottages, Horsham has 41 entries in the Land Registry database, most recently in November 2023 and a single entry in the EPC database dated April 2019.
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 Margaret Cottages Horsham as £245,050 and the rental value as £1,107 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 5 Margaret Cottages Horsham has increased by £4,228 (1.7%) and its rental value has increased by £70 per month (6.3%).
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 5 Margaret Cottages, Horsham is in very good condition we estimate a sale value of £257,303 and rental value of £1,162 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £227,897 and a rental value of £1,029 per month.
If you were able to purchase this property for the estimated value of £245,050, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,204 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 Margaret Cottages, Horsham was last sold on 17 Nov 2023 for £200,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Nov 2023, the market for similar properties has risen 2.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5 Margaret Cottages, Horsham within a radius of 3.9 kilometres over the last 2 years.
The most recent example is 4 Margaret Cottages, Station Road, Horsham, RH13 8DA, a Leasehold flat which sold for £282,500 in Apr 2022.
Read more about house prices in RH13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Station Road, Cowfold, Horsham, RH13 has a total of 54 addresses. According to our analysis of all the public data, 5 Margaret Cottages, Horsham is the 44th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £272k less expensive than the average property in RH13.
5 Margaret Cottages, Horsham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Apr 2019.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to 5 Margaret Cottages, Horsham is Horsham station which is 9.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 5 Margaret Cottages, Horsham, 47.0% of property is privately owned outright and 38.3% 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 Margaret Cottages, Horsham, 18.7% of residents are recorded as possessing school level qualifications and 39.9% 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 Margaret Cottages, Horsham, the average age was 46.3 and the most common age was 57.
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 Margaret Cottages, Horsham, 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 Margaret Cottages, Horsham, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.