According to the public record, Flat 2, The Cedars 74, Pulborough is a period leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in The Cedars, Lower Street, Pulborough, RH20.
Lower Street, Pulborough, RH20 is located in the borough of Horsham within the RH20 postal district.
Flat 2, The Cedars 74, Pulborough has 31 entries in the Land Registry database, most recently in June 2022 and a single entry in the EPC database dated March 2020.
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 Flat 2 The Cedars 74 Pulborough as £181,905 and the rental value as £1,026 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of Flat 2 The Cedars 74 Pulborough has increased by £2,474 (1.4%) and its rental value has increased by £45 per month (4.4%).
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 Flat 2, The Cedars 74, Pulborough is in very good condition we estimate a sale value of £191,000 and rental value of £1,078 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £169,171 and a rental value of £954 per month.
If you were able to purchase this property for the estimated value of £181,905, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £894 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, Flat 2, The Cedars 74, Pulborough was last sold on 10 Jun 2022 for £160,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jun 2022, the market for similar properties has dropped 3.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, The Cedars 74, Pulborough within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 3, Herons Rye, Pulborough, RH20 2DL, a Leasehold flat which sold for £193,000 in Apr 2022.
Read more about house prices in RH20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lower Street, Pulborough, RH20 has a total of 157 addresses. According to our analysis of all the public data, Flat 2, The Cedars 74, Pulborough is the 98th largest and the 136th most expensive property on the street.
When compared to the postcode district it is £407k less expensive than the average property in RH20.
Flat 2, The Cedars 74, Pulborough has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Mar 2020.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to Flat 2, The Cedars 74, Pulborough is Pulborough station which is 1.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, The Cedars 74, Pulborough, 44.7% of property is privately owned outright and 23.5% 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 Flat 2, The Cedars 74, Pulborough, 10.4% of residents are recorded as possessing school level qualifications and 32.7% 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 Flat 2, The Cedars 74, Pulborough, the average age was 48 and the most common age was 72.
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 Flat 2, The Cedars 74, Pulborough, 1.6% 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 Flat 2, The Cedars 74, Pulborough, 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.