According to the public record, 73, Spencers Road, Horsham is a period leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Spencers Road, Horsham, RH12 is located in the borough of Horsham within the RH12 postal district.
73, Spencers Road, Horsham has 41 entries in the Land Registry database, most recently in August 2020 and a single entry in the EPC database dated September 2012.
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 73 Spencers Road Horsham as £263,155 and the rental value as £1,140 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 73 Spencers Road Horsham has increased by £8,754 (3.3%) and its rental value has increased by £75 per month (6.6%).
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 73, Spencers Road, Horsham is in very good condition we estimate a sale value of £276,313 and rental value of £1,197 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £244,735 and a rental value of £1,060 per month.
If you were able to purchase this property for the estimated value of £263,155, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,293 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, 73, Spencers Road, Horsham was last sold on 17 Aug 2020 for £220,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Aug 2020, the market for similar properties has risen 11.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 73, Spencers Road, Horsham within a radius of 510 metres over the last 2 years.
The most recent example is 63, Spencers Road, Horsham, RH12 2JQ, a Leasehold flat which sold for £230,000 in May 2022.
Read more about house prices in RH12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spencers Road, Horsham, RH12 has a total of 78 addresses. According to our analysis of all the public data, 73, Spencers Road, Horsham is the 60th largest and the 59th most expensive property on the street.
When compared to the postcode district it is £195k less expensive than the average property in RH12.
73, Spencers Road, Horsham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Sep 2012.
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 73, Spencers Road, Horsham is Horsham station which is 1.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 73, Spencers Road, Horsham, 51.1% of property is privately owned with a mortgage and 23.7% 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 73, Spencers Road, Horsham, 18.2% of residents are recorded as possessing school level qualifications and 46.1% 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 73, Spencers Road, 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 73, Spencers Road, Horsham, 0.3% 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 73, Spencers Road, Horsham, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.