According to the public record, 5, Reeds Lane, Horsham is a early-century freehold house with 904 ft2 of internal area and sits on a 641 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Reeds Lane, Southwater, Horsham, RH13 is located in the borough of Horsham within the RH13 postal district.
5, Reeds Lane, Horsham has 21 entries in the Land Registry database, most recently in November 2009 and a single entry in the EPC database dated June 2023.
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 Reeds Lane Horsham as £548,575 and the rental value as £1,599 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of 5 Reeds Lane Horsham has increased by £4,852 (0.9%) and its rental value has increased by £80 per month (5.0%).
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, Reeds Lane, Horsham is in very good condition we estimate a sale value of £576,004 and rental value of £1,679 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £510,175 and a rental value of £1,487 per month.
If you were able to purchase this property for the estimated value of £548,575, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,696 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, Reeds Lane, Horsham sits on a plot of 641m2.
We have plot size data on 8 out of 21 other houses in the postcode and 5, Reeds Lane, Horsham sits on the 7th largest plot.
According to HM Land Registry, 5, Reeds Lane, Horsham was last sold on 17 Nov 2009 for £299,950 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2009, the market for similar properties has risen 67.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Reeds Lane, Horsham within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 93, Charlock Way, Horsham, RH13 9GZ, a Freehold house which sold for £492,500 in Dec 2023.
Read more about house prices in RH13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reeds Lane, Southwater, Horsham, RH13 has a total of 21 addresses. According to our analysis of all the public data, 5, Reeds Lane, Horsham is the 8th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £31k more expensive than the average property in RH13.
5, Reeds Lane, Horsham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Jun 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to 5, Reeds Lane, Horsham is Christs Hospital station which is 2.6 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Reeds Lane, Horsham, 45.2% 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 5, Reeds Lane, Horsham, 15.6% of residents are recorded as possessing school level qualifications and 50.0% 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, Reeds Lane, Horsham, the average age was 43 and the most common age was 12.
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, Reeds Lane, Horsham, 0.6% 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, Reeds Lane, 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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.