According to the public record, 62, Silver Lane, Billingshurst is a mid-century freehold house with 1,593 ft2 of internal area and sits on a 536 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Silver Lane, Billingshurst, RH14 is located in the borough of Horsham within the RH14 postal district.
62, Silver Lane, Billingshurst has 31 entries in the Land Registry database, most recently in February 2023 and a single entry in the EPC database dated April 2022.
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 62 Silver Lane Billingshurst as £621,315 and the rental value as £2,018 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 62 Silver Lane Billingshurst has increased by £11,339 (1.8%) and its rental value has increased by £72 per month (3.6%).
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 62, Silver Lane, Billingshurst is in very good condition we estimate a sale value of £652,381 and rental value of £2,119 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £577,823 and a rental value of £1,877 per month.
If you were able to purchase this property for the estimated value of £621,315, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,054 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, 62, Silver Lane, Billingshurst sits on a plot of 536m2.
We have plot size data on 8 out of 13 other houses in the postcode and 62, Silver Lane, Billingshurst sits on the 2nd largest plot.
According to HM Land Registry, 62, Silver Lane, Billingshurst was last sold on 14 Feb 2023 for £686,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Feb 2023, the market for similar properties has risen 2.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Silver Lane, Billingshurst within a radius of 600 metres over the last 2 years.
The most recent example is 1, Dell Lane, Billingshurst, RH14 9QE, a Freehold house which sold for £595,000 in Jun 2023.
Read more about house prices in RH14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Silver Lane, Billingshurst, RH14 has a total of 64 addresses. According to our analysis of all the public data, 62, Silver Lane, Billingshurst is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £64k more expensive than the average property in RH14.
62, Silver Lane, Billingshurst has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Apr 2022.
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 62, Silver Lane, Billingshurst is Billingshurst station which is 800 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 62, Silver Lane, Billingshurst, 47.6% of property is privately owned outright and 40.6% 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 62, Silver Lane, Billingshurst, 19.7% of residents are recorded as possessing school level qualifications and 35.4% 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 62, Silver Lane, Billingshurst, the average age was 40.9 and the most common age was 52.
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 62, Silver Lane, Billingshurst, 1.2% 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 62, Silver Lane, Billingshurst, 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.