According to the public record, Flat 308, The Forum, Horsham is a modern leasehold apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in The Forum, Lower Tanbridge Way, Horsham, RH12.
Lower Tanbridge Way, Horsham, RH12 is located in the borough of Horsham within the RH12 postal district.
Flat 308, The Forum, Horsham has 41 entries in the Land Registry database, most recently in November 2017 and a single entry in the EPC database dated August 2021.
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 308 The Forum Horsham as £243,892 and the rental value as £1,249 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 308 The Forum Horsham has increased by £2,907 (1.2%) and its rental value has increased by £57 per month (4.6%).
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 308, The Forum, Horsham is in very good condition we estimate a sale value of £256,087 and rental value of £1,312 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £226,820 and a rental value of £1,162 per month.
If you were able to purchase this property for the estimated value of £243,892, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,199 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 308, The Forum, Horsham was last sold on 24 Nov 2017 for £230,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Nov 2017, the market for similar properties has risen 7.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 308, The Forum, Horsham within a radius of 500 metres over the last 2 years.
The most recent example is Flat 110, The Forum, Lower Tanbridge Way, Horsham, RH12 1PS, a Leasehold flat which sold for £240,000 in Sep 2023.
Read more about house prices in RH12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lower Tanbridge Way, Horsham, RH12 has a total of 66 addresses. According to our analysis of all the public data, Flat 308, The Forum, Horsham is the 37th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £215k less expensive than the average property in RH12.
Flat 308, The Forum, Horsham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Aug 2021.
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 308, The Forum, Horsham is Horsham station which is 1.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 308, The Forum, Horsham, 33.9% of property is privately rented and 29.7% 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 Flat 308, The Forum, Horsham, 9.8% of residents are recorded as possessing school level qualifications and 49.7% 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 308, The Forum, 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 308, The Forum, Horsham, 2.8% 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 308, The Forum, Horsham, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.