According to the public record, Flat 23, Homestream House, Horsham is a modern leasehold apartment with 925 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Homestream House, Mill Bay Lane, Horsham, RH12.
Mill Bay Lane, Horsham, RH12 is located in the borough of Horsham within the RH12 postal district.
Flat 23, Homestream House, Horsham has 31 entries in the Land Registry database, most recently in June 2022 and a single entry in the EPC database dated April 2017.
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 23 Homestream House Horsham as £192,372 and the rental value as £1,006 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 23 Homestream House Horsham has increased by £7,838 (4.1%) and its rental value has increased by £76 per month (7.6%).
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 Flat 23, Homestream House, Horsham is in very good condition we estimate a sale value of £201,990 and rental value of £1,056 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £178,906 and a rental value of £935 per month.
If you were able to purchase this property for the estimated value of £192,372, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £945 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 23, Homestream House, Horsham was last sold on 10 Jun 2022 for £175,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jun 2022, the market for similar properties has risen 2.8%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 23, Homestream House, Horsham within a radius of 580 metres over the last 2 years.
The most recent example is Flat 56, Homestream House, Mill Bay Lane, Horsham, RH12 1SS, a Leasehold flat which sold for £121,000 in Sep 2014.
Read more about house prices in RH12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Bay Lane, Horsham, RH12 has a total of 120 addresses. According to our analysis of all the public data, Flat 23, Homestream House, Horsham is the 3rd largest and the 51st most expensive property on the street.
When compared to the postcode district it is £266k less expensive than the average property in RH12.
Flat 23, Homestream House, Horsham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Apr 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 23, Homestream House, Horsham is Horsham station which is 1.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 23, Homestream House, Horsham, 42.1% 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 Flat 23, Homestream House, Horsham, 12.1% of residents are recorded as possessing school level qualifications and 37.0% 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 23, Homestream House, 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 Flat 23, Homestream House, Horsham, 1.2% 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 23, Homestream House, Horsham, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.