According to the public record, 53, Kings Gate, Horsham is a modern leasehold apartment with 344 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Kings Gate, Horsham, RH12 is located in the borough of Horsham within the RH12 postal district.
53, Kings Gate, Horsham has 31 entries in the Land Registry database, most recently in February 2017 and a single entry in the EPC database dated January 2014.
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 53 Kings Gate Horsham as £181,229 and the rental value as £824 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 53 Kings Gate Horsham has increased by £2,814 (1.6%) and its rental value has increased by £39 per month (4.7%).
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 53, Kings Gate, Horsham is in very good condition we estimate a sale value of £190,290 and rental value of £865 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £168,543 and a rental value of £766 per month.
If you were able to purchase this property for the estimated value of £181,229, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £891 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, 53, Kings Gate, Horsham was last sold on 03 Feb 2017 for £187,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Feb 2017, the market for similar properties has risen 6.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, Kings Gate, Horsham within a radius of 500 metres over the last 2 years.
The most recent example is 23 Prewetts Mill Apartments, Mill Bay Lane, Horsham, RH12 1ST, a Leasehold flat which sold for £180,000 in Dec 2021.
Read more about house prices in RH12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kings Gate, Horsham, RH12 has a total of 66 addresses. According to our analysis of all the public data, 53, Kings Gate, Horsham is the 66th largest and the 66th most expensive property on the street.
When compared to the postcode district it is £277k less expensive than the average property in RH12.
53, Kings Gate, Horsham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Jan 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 53, Kings Gate, Horsham is Horsham station which is 1.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 53, Kings Gate, Horsham, 45.7% of property is privately rented and 23.8% 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 53, Kings Gate, Horsham, 10.0% of residents are recorded as possessing school level qualifications and 41.7% 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 53, Kings Gate, Horsham, the average age was 42.1 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 53, Kings Gate, Horsham, 1.4% 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 53, Kings Gate, Horsham, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.