According to the public record, 7, The Maltings, Billingshurst is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 535 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The Maltings, Billingshurst, RH14 is located in the borough of Horsham within the RH14 postal district.
7, The Maltings, Billingshurst has 21 entries in the Land Registry database, most recently in March 2009 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 7 The Maltings Billingshurst as £197,189 and the rental value as £839 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 7 The Maltings Billingshurst has increased by £5,354 (2.7%) and its rental value has increased by £38 per month (4.5%).
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, The Maltings, Billingshurst is in very good condition we estimate a sale value of £207,048 and rental value of £881 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £183,385 and a rental value of £780 per month.
If you were able to purchase this property for the estimated value of £197,189, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £969 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, The Maltings, Billingshurst was last sold on 18 Mar 2009 for £120,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2009, the market for similar properties has risen 43.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, The Maltings, Billingshurst within a radius of 630 metres over the last 2 years.
The most recent example is 54, Rosehill, Billingshurst, RH14 9QQ, a Leasehold flat which sold for £190,000 in Jun 2023.
Read more about house prices in RH14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Maltings, Billingshurst, RH14 has a total of 18 addresses. According to our analysis of all the public data, 7, The Maltings, Billingshurst is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £360k less expensive than the average property in RH14.
The closest station to 7, The Maltings, Billingshurst is Billingshurst station which is 1.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, The Maltings, Billingshurst, 39.4% of property is privately owned outright and 30.6% is privately rented.
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, The Maltings, Billingshurst, 13.7% of residents are recorded as possessing school level qualifications and 34.8% 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, The Maltings, 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 7, The Maltings, Billingshurst, 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 7, The Maltings, Billingshurst, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.