According to the public record, Mereworth, Horsham is a mid-century freehold house with 1,227 ft2 of internal area and sits on a 407 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Faygate Lane, Faygate, Horsham, RH12 is located in the borough of Horsham within the RH12 postal district.
Mereworth, Horsham has a single entry in the Land Registry database from July 2018 and a single entry in the EPC database dated May 2018.
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 Mereworth Horsham as £525,871 and the rental value as £2,030 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of Mereworth Horsham has decreased by £3,094 (0.6%) and its rental value has increased by £80 per month (3.9%).
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 Mereworth, Horsham is in very good condition we estimate a sale value of £552,165 and rental value of £2,131 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £489,060 and a rental value of £1,888 per month.
If you were able to purchase this property for the estimated value of £525,871, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,584 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 data from HM Land Registry, Mereworth, Horsham sits on a plot of 407m2.
We have plot size data on 17 out of 18 other houses in the postcode and Mereworth, Horsham sits on the largest plot.
According to HM Land Registry, Mereworth, Horsham was last sold on 03 Jul 2018 for £445,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2018, the market for similar properties has risen 15.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Mereworth, Horsham within a radius of 2.2 kilometres over the last 2 years.
The most recent example is 3, Old Forge Close, Horsham, RH12 4QG, a Freehold house which sold for £500,000 in Sep 2023.
Read more about house prices in RH12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Faygate Lane, Faygate, Horsham, RH12 has a total of 99 addresses. According to our analysis of all the public data, Mereworth, Horsham is the 28th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £67k more expensive than the average property in RH12.
Mereworth, Horsham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 31 May 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to Mereworth, Horsham is Faygate station which is 300 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Mereworth, Horsham, 50.0% of property is privately owned outright and 41.7% 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 Mereworth, Horsham, 15.6% of residents are recorded as possessing school level qualifications and 42.1% 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 Mereworth, Horsham, the average age was 39.6 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 Mereworth, Horsham, 3.2% 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 Mereworth, Horsham, there are an average of 2.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.