According to the public record, Flat 3, Redlands Place 41, Horsham is a period apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Redlands Place, Brighton Road, Horsham, RH13.
Brighton Road, Horsham, RH13 is located in the borough of Horsham within the RH13 postal district.
Flat 3, Redlands Place 41, Horsham has no records in the Land Registry database and a single entry in the EPC database dated January 2019.
We combine this information with public data 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 3 Redlands Place 41 Horsham as £204,323 and the rental value as £1,070 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 3 Redlands Place 41 Horsham has increased by £4,191 (2.1%) and its rental value has increased by £63 per month (5.9%).
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 3, Redlands Place 41, Horsham is in very good condition we estimate a sale value of £214,539 and rental value of £1,124 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £190,020 and a rental value of £995 per month.
If you were able to purchase this property for the estimated value of £204,323, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,004 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Redlands Place 41, Horsham within a radius of 500 metres over the last 2 years.
The most recent example is 55, Tanyard Close, Horsham, RH13 5BW, a Leasehold flat which sold for £215,000 in Feb 2023.
Read more about house prices in RH13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brighton Road, Horsham, RH13 has a total of 252 addresses. According to our analysis of all the public data, Flat 3, Redlands Place 41, Horsham is the 208th largest and the 225th most expensive property on the street.
When compared to the postcode district it is £313k less expensive than the average property in RH13.
Flat 3, Redlands Place 41, Horsham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Jan 2019.
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 3, Redlands Place 41, Horsham is Horsham station which is 800 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 3, Redlands Place 41, Horsham, 44.5% of property is socially rented and 21.9% 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 3, Redlands Place 41, Horsham, 24.5% of residents are recorded as possessing school level qualifications and 27.1% 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 Flat 3, Redlands Place 41, 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 3, Redlands Place 41, Horsham, 0.0% 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 3, Redlands Place 41, Horsham, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.