According to the public record, 5 Tilney House, Horsham is a modern leasehold apartment with 850 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Tilney House, Tilney Drive, Horsham, RH12.
Tilney Drive, Horsham, RH12 is located in the borough of Horsham within the RH12 postal district.
5 Tilney House, Horsham has 2 entries in the Land Registry database, most recently in April 2023 and a single entry in the EPC database dated May 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 good condition, we estimate the current sale value for 5 Tilney House Horsham as £335,478 and the rental value as £1,360 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 5 Tilney House Horsham has increased by £10,292 (3.1%) and its rental value has increased by £92 per month (6.8%).
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 Tilney House, Horsham is in very good condition we estimate a sale value of £352,252 and rental value of £1,428 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £311,995 and a rental value of £1,265 per month.
If you were able to purchase this property for the estimated value of £335,478, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,649 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 Tilney House, Horsham was last sold on 06 Apr 2023 for £297,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2023, the market for similar properties has risen 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5 Tilney House, Horsham within a radius of 910 metres over the last 2 years.
The most recent example is 3 Tilney House, Tilney Drive, Horsham, RH12 1GS, a Leasehold flat which sold for £328,000 in Feb 2023.
Read more about house prices in RH12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tilney Drive, Horsham, RH12 has a total of 45 addresses. According to our analysis of all the public data, 5 Tilney House, Horsham is the 33rd largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £123k less expensive than the average property in RH12.
5 Tilney House, Horsham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 May 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 5 Tilney House, Horsham is Christs Hospital station which is 1.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 5 Tilney House, Horsham, 35.9% of property is privately owned with a mortgage and 29.4% 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 Tilney House, Horsham, 24.4% of residents are recorded as possessing school level qualifications and 39.4% 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 Tilney House, Horsham, the average age was 39.1 and the most common age was 32.
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 Tilney House, Horsham, 0.4% 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 Tilney House, Horsham, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.