According to the public record, 8, Pelling Way, Horsham is a modern freehold house with 1,528 ft2 of internal area and sits on a 264 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Pelling Way, Broadbridge Heath, Horsham, RH12 is located in the borough of Horsham within the RH12 postal district.
8, Pelling Way, Horsham has a single entry in the Land Registry database from November 2013 and a single entry in the EPC database dated October 2013.
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 8 Pelling Way Horsham as £577,280 and the rental value as £2,118 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 8 Pelling Way Horsham has increased by £1,377 (0.2%) and its rental value has increased by £78 per month (3.7%).
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 8, Pelling Way, Horsham is in very good condition we estimate a sale value of £606,144 and rental value of £2,224 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £536,870 and a rental value of £1,969 per month.
If you were able to purchase this property for the estimated value of £577,280, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,837 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, 8, Pelling Way, Horsham sits on a plot of 264m2.
We have plot size data on 39 out of 39 other houses in the postcode and 8, Pelling Way, Horsham sits on the 12th largest plot.
According to HM Land Registry, 8, Pelling Way, Horsham was last sold on 29 Nov 2013 for £490,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2013, the market for similar properties has risen 42.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Pelling Way, Horsham within a radius of 880 metres over the last 2 years.
The most recent example is 19, Wells Croft, Horsham, RH12 3GX, a Freehold house which sold for £627,000 in Aug 2023.
Read more about house prices in RH12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pelling Way, Broadbridge Heath, Horsham, RH12 has a total of 39 addresses. According to our analysis of all the public data, 8, Pelling Way, Horsham is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £119k more expensive than the average property in RH12.
8, Pelling Way, Horsham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Oct 2013.
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 8, Pelling Way, Horsham is Christs Hospital station which is 1.6 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Pelling Way, Horsham, 49.6% of property is privately owned outright and 28.7% 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 8, Pelling Way, Horsham, 15.1% of residents are recorded as possessing school level qualifications and 39.3% 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 8, Pelling Way, Horsham, the average age was 39.1 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 8, Pelling Way, Horsham, 1.1% 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 8, Pelling Way, 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.