According to the public record, 7 Rusper House, Horsham is a modern leasehold apartment with 925 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Rusper House, Durrants Drive, Faygate, Horsham, RH12.
Durrants Drive, Faygate, Horsham, RH12 is located in the borough of Horsham within the RH12 postal district.
7 Rusper House, Horsham has 2 entries in the Land Registry database, most recently in February 2022 and a single entry in the EPC database dated March 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 7 Rusper House Horsham as £385,158 and the rental value as £1,552 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 7 Rusper House Horsham has increased by £12,236 (3.2%) and its rental value has increased by £122 per month (7.9%).
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 7 Rusper House, Horsham is in very good condition we estimate a sale value of £404,416 and rental value of £1,630 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £358,197 and a rental value of £1,444 per month.
If you were able to purchase this property for the estimated value of £385,158, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,893 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, 7 Rusper House, Horsham was last sold on 02 Feb 2022 for £352,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2022, the market for similar properties has risen 4.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7 Rusper House, Horsham within a radius of 2.3 kilometres over the last 2 years.
The most recent example is 3 Agates House, Durrants Drive, Horsham, RH12 4AD, a Leasehold flat which sold for £400,000 in Aug 2023.
Read more about house prices in RH12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Durrants Drive, Faygate, Horsham, RH12 has a total of 139 addresses. According to our analysis of all the public data, 7 Rusper House, Horsham is the 77th largest and the 75th most expensive property on the street.
When compared to the postcode district it is £73k less expensive than the average property in RH12.
7 Rusper House, Horsham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Mar 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using an electric air source heat pump and underfloor heating.
The closest station to 7 Rusper House, Horsham is Faygate station which is 100 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 7 Rusper House, Horsham, 50.0% of property is privately owned outright and 41.7% 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 7 Rusper House, Horsham, 15.6% of residents are recorded as possessing school level qualifications and 42.1% 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 7 Rusper House, Horsham, the average age was 39.6 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 7 Rusper House, Horsham, 3.2% 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 7 Rusper House, Horsham, there are an average of 2.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.