According to the public record, Flat 5, Lyon Court, Horsham is a mid-century leasehold apartment with 893 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Lyon Court, Ayshe Court Drive, Horsham, RH13.
Ayshe Court Drive, Horsham, RH13 is located in the borough of Horsham within the RH13 postal district.
Flat 5, Lyon Court, Horsham has 2 entries in the Land Registry database, most recently in September 2023 and a single entry in the EPC database dated May 2023.
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 5 Lyon Court Horsham as £270,355 and the rental value as £1,352 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 5 Lyon Court Horsham has increased by £2,757 (1.0%) and its rental value has increased by £60 per month (4.5%).
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 5, Lyon Court, Horsham is in very good condition we estimate a sale value of £283,873 and rental value of £1,420 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £251,430 and a rental value of £1,258 per month.
If you were able to purchase this property for the estimated value of £270,355, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,329 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 5, Lyon Court, Horsham was last sold on 13 Sep 2023 for £297,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2023, the market for similar properties has risen 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Lyon Court, Horsham within a radius of 510 metres over the last 2 years.
The most recent example is Flat 2, Bourns Court, Ayshe Court Drive, Horsham, RH13 5RL, a Leasehold flat which sold for £270,000 in Oct 2023.
Read more about house prices in RH13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ayshe Court Drive, Horsham, RH13 has a total of 63 addresses. According to our analysis of all the public data, Flat 5, Lyon Court, Horsham is the 37th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £247k less expensive than the average property in RH13.
Flat 5, Lyon Court, Horsham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 May 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 5, Lyon Court, Horsham is Horsham station which is 400 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 5, Lyon Court, Horsham, 46.8% of property is privately owned outright and 35.5% 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 5, Lyon Court, Horsham, 13.3% of residents are recorded as possessing school level qualifications and 34.7% 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 5, Lyon Court, Horsham, the average age was 42.2 and the most common age was 52.
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 5, Lyon Court, Horsham, 0.8% 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 5, Lyon Court, 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.