According to the public record, Cherry Lea, Horsham is a period freehold house with 1,151 ft2 of internal area and sits on a 710 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Plumtree Cross Lane, Itchingfield, Horsham, RH13 is located in the borough of Horsham within the RH13 postal district.
Cherry Lea, Horsham has a single entry in the Land Registry database from January 2012 and a single entry in the EPC database dated August 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 Cherry Lea Horsham as £686,399 and the rental value as £1,942 per month giving an expected gross yield of 3.4%.
Over the last 12 months the sale value of Cherry Lea Horsham has increased by £5,114 (0.7%) and its rental value has increased by £73 per month (3.8%).
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 Cherry Lea, Horsham is in very good condition we estimate a sale value of £720,719 and rental value of £2,039 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £638,351 and a rental value of £1,806 per month.
If you were able to purchase this property for the estimated value of £686,399, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,373 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, Cherry Lea, Horsham sits on a plot of 710m2.
We have plot size data on 8 out of 14 other houses in the postcode and Cherry Lea, Horsham sits on the 8th largest plot.
According to HM Land Registry, Cherry Lea, Horsham was last sold on 10 Jan 2012 for £450,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2012, the market for similar properties has risen 54.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Cherry Lea, Horsham within a radius of 2.8 kilometres over the last 2 years.
The most recent example is 2 Myrtle Cottages, Sandhills Road, Horsham, RH13 0PU, a Freehold house which sold for £475,000 in Mar 2021.
Read more about house prices in RH13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Plumtree Cross Lane, Itchingfield, Horsham, RH13 has a total of 14 addresses. According to our analysis of all the public data, Cherry Lea, Horsham is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £169k more expensive than the average property in RH13.
Cherry Lea, Horsham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Aug 2022.
The property is not connected to mains gas and has mostly double glazing. It is heated using an LPG fired boiler and radiators.
The closest station to Cherry Lea, Horsham is Christs Hospital station which is 1.9 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Cherry Lea, Horsham, 47.2% of property is privately owned with a mortgage and 41.5% 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 Cherry Lea, Horsham, 17.7% of residents are recorded as possessing school level qualifications and 31.7% 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 Cherry Lea, Horsham, the average age was 44.3 and the most common age was 57.
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 Cherry Lea, Horsham, 2.5% 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 Cherry Lea, Horsham, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.