According to the public record, 6 Elm House, Horsham is a modern leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Elm House, Rapley Rise, Southwater, Horsham, RH13.
Rapley Rise, Southwater, Horsham, RH13 is located in the borough of Horsham within the RH13 postal district.
6 Elm House, Horsham has a single entry in the Land Registry database from August 2022 and a single entry in the EPC database dated April 2018.
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 6 Elm House Horsham as £112,292 and the rental value as £603 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 6 Elm House Horsham has increased by £357 (0.3%) and its rental value has increased by £29 per month (4.8%).
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 6 Elm House, Horsham is in very good condition we estimate a sale value of £117,906 and rental value of £633 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £104,431 and a rental value of £561 per month.
If you were able to purchase this property for the estimated value of £112,292, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £552 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, 6 Elm House, Horsham was last sold on 09 Aug 2022 for £118,125 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2022, the market for similar properties has dropped 3.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6 Elm House, Horsham within a radius of 770 metres over the last 2 years.
The most recent example is 1 Elm House, Rapley Rise, Horsham, RH13 9FN, a Leasehold flat which sold for £162,000 in Aug 2022.
Read more about house prices in RH13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rapley Rise, Southwater, Horsham, RH13 has a total of 42 addresses. According to our analysis of all the public data, 6 Elm House, Horsham is the 28th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £405k less expensive than the average property in RH13.
6 Elm House, Horsham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Apr 2018.
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 6 Elm House, Horsham is Christs Hospital station which is 2.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 6 Elm House, Horsham, 48.2% of property is privately owned with a mortgage and 41.8% 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 6 Elm House, Horsham, 21.5% of residents are recorded as possessing school level qualifications and 35.3% 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 6 Elm House, Horsham, the average age was 40.8 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 6 Elm House, Horsham, 2.3% 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 6 Elm House, Horsham, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.