According to the public record, Flat 8, Mitre Court 34, Horsham is a modern leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Mitre Court, Worthing Road, Horsham, RH12.
Worthing Road, Horsham, RH12 is located in the borough of Horsham within the RH12 postal district.
Flat 8, Mitre Court 34, Horsham has 31 entries in the Land Registry database, most recently in January 2020 and a single entry in the EPC database dated March 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 8 Mitre Court 34 Horsham as £345,736 and the rental value as £1,397 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Flat 8 Mitre Court 34 Horsham has increased by £7,430 (2.1%) and its rental value has increased by £78 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 8, Mitre Court 34, Horsham is in very good condition we estimate a sale value of £363,022 and rental value of £1,467 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £321,534 and a rental value of £1,300 per month.
If you were able to purchase this property for the estimated value of £345,736, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,699 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 8, Mitre Court 34, Horsham was last sold on 31 Jan 2020 for £265,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jan 2020, the market for similar properties has risen 8.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, Mitre Court 34, Horsham within a radius of 530 metres over the last 2 years.
The most recent example is 2 The Paperyard West, Albion Way, Horsham, RH12 1AH, a Leasehold flat which sold for £365,000 in Jan 2022.
Read more about house prices in RH12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Worthing Road, Horsham, RH12 has a total of 112 addresses. According to our analysis of all the public data, Flat 8, Mitre Court 34, Horsham is the 75th largest and the 77th most expensive property on the street.
When compared to the postcode district it is £113k less expensive than the average property in RH12.
Flat 8, Mitre Court 34, Horsham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Mar 2021.
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 8, Mitre Court 34, Horsham is Horsham station which is 1.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 8, Mitre Court 34, Horsham, 49.2% of property is privately rented and 23.2% is socially rented.
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 8, Mitre Court 34, Horsham, 12.5% of residents are recorded as possessing school level qualifications and 37.8% 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 8, Mitre Court 34, 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 8, Mitre Court 34, 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 8, Mitre Court 34, Horsham, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.