According to the public record, Flat 3, Tanbridge House, Horsham is a modern leasehold apartment with 1,463 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Tanbridge House, Tanbridge Park, Horsham, RH12.
Tanbridge Park, Horsham, RH12 is located in the borough of Horsham within the RH12 postal district.
Flat 3, Tanbridge House, Horsham has 51 entries in the Land Registry database, most recently in September 2018 and a single entry in the EPC database dated December 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 3 Tanbridge House Horsham as £411,241 and the rental value as £1,864 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of Flat 3 Tanbridge House Horsham has increased by £8,955 (2.2%) and its rental value has increased by £104 per month (5.6%).
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 3, Tanbridge House, Horsham is in very good condition we estimate a sale value of £431,803 and rental value of £1,957 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £382,454 and a rental value of £1,733 per month.
If you were able to purchase this property for the estimated value of £411,241, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,021 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 3, Tanbridge House, Horsham was last sold on 05 Sep 2018 for £435,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Sep 2018, the market for similar properties has risen 9.2%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 3, Tanbridge House, Horsham within a radius of 570 metres over the last 2 years.
The most recent example is 19, Tanbridge Park, Horsham, RH12 1SF, a Leasehold flat which sold for £389,950 in Dec 2022.
Read more about house prices in RH12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tanbridge Park, Horsham, RH12 has a total of 163 addresses. According to our analysis of all the public data, Flat 3, Tanbridge House, Horsham is the 18th largest and the 113th most expensive property on the street.
When compared to the postcode district it is £47k less expensive than the average property in RH12.
Flat 3, Tanbridge House, Horsham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Dec 2017.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 3, Tanbridge House, Horsham is Horsham station which is 1.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 3, Tanbridge House, Horsham, 60.5% of property is privately owned outright and 19.4% 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, Tanbridge House, Horsham, 9.3% of residents are recorded as possessing school level qualifications and 45.7% 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 3, Tanbridge 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 3, Tanbridge House, Horsham, 1.3% 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, Tanbridge House, 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.