According to the public record, Old Forge Cottage, Henfield is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 794 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
High Street, Henfield, BN5 is located in the borough of Horsham within the BN5 postal district.
Old Forge Cottage, Henfield has a single entry in the Land Registry database from November 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Old Forge Cottage Henfield as £613,418 and the rental value as £1,823 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of Old Forge Cottage Henfield has increased by £3,807 (0.6%) and its rental value has increased by £51 per month (2.8%).
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 Old Forge Cottage, Henfield is in very good condition we estimate a sale value of £644,088 and rental value of £1,914 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £570,478 and a rental value of £1,696 per month.
If you were able to purchase this property for the estimated value of £613,418, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,015 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, Old Forge Cottage, Henfield was last sold on 13 Nov 2007 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2007, the market for similar properties has risen 65.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Old Forge Cottage, Henfield within a radius of 990 metres over the last 2 years.
The most recent example is 13 Mount Pleasant, King James Lane, Henfield, BN5 9ER, a Freehold house which sold for £540,000 in Oct 2022.
Read more about house prices in BN5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
High Street, Henfield, BN5 has a total of 87 addresses. According to our analysis of all the public data, Old Forge Cottage, Henfield is the 40th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £36k more expensive than the average property in BN5.
The closest station to Old Forge Cottage, Henfield is Hassocks station which is 8.9 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Old Forge Cottage, Henfield, 52.7% of property is privately owned outright and 25.2% 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 Old Forge Cottage, Henfield, 9.1% of residents are recorded as possessing school level qualifications and 38.0% 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 Old Forge Cottage, Henfield, the average age was 46.1 and the most common age was 57.
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 Old Forge Cottage, Henfield, 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 Old Forge Cottage, Henfield, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.