According to the public record, 55, Park Terrace East, Horsham is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 972 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Park Terrace East, Horsham, RH13 is located in the borough of Horsham within the RH13 postal district.
55, Park Terrace East, Horsham has 41 entries in the Land Registry database, most recently in November 2020 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 55 Park Terrace East Horsham as £441,116 and the rental value as £1,815 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 55 Park Terrace East Horsham has increased by £7,814 (1.8%) and its rental value has increased by £98 per month (5.4%).
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 55, Park Terrace East, Horsham is in very good condition we estimate a sale value of £463,171 and rental value of £1,905 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £410,237 and a rental value of £1,688 per month.
If you were able to purchase this property for the estimated value of £441,116, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,168 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, 55, Park Terrace East, Horsham was last sold on 10 Nov 2020 for £358,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Nov 2020, the market for similar properties has risen 12.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Park Terrace East, Horsham within a radius of 430 metres over the last 2 years.
The most recent example is 44, Barttelot Road, Horsham, RH12 1DQ, a Freehold house which sold for £425,000 in Apr 2024.
Read more about house prices in RH13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Terrace East, Horsham, RH13 has a total of 61 addresses. According to our analysis of all the public data, 55, Park Terrace East, Horsham is the 7th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £76k less expensive than the average property in RH13.
The closest station to 55, Park Terrace East, Horsham is Horsham station which is 500 metres 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 55, Park Terrace East, Horsham, 35.4% of property is socially rented and 24.8% 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 55, Park Terrace East, Horsham, 15.9% of residents are recorded as possessing school level qualifications and 33.5% 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 55, Park Terrace East, 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 55, Park Terrace East, Horsham, 0.0% 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 55, Park Terrace East, Horsham, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.