According to the public record, Phoenix Lodge, Horley is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,421 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Norwood Hill, Horley, RH6 is located in the borough of Reigate and Banstead within the RH6 postal district.
Phoenix Lodge, Horley has a single entry in the Land Registry database from February 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.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Phoenix Lodge Horley as £1,044,231 and the rental value as £3,485 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of Phoenix Lodge Horley has decreased by £9,037 (0.9%) and its rental value has increased by £127 per month (3.6%).
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 Phoenix Lodge, Horley is in very good condition we estimate a sale value of £1,096,442 and rental value of £3,660 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £971,135 and a rental value of £3,241 per month.
If you were able to purchase this property for the estimated value of £1,044,231, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,132 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, Phoenix Lodge, Horley was last sold on 20 Feb 2007 for £450,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2007, the market for similar properties has risen 63.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Phoenix Lodge, Horley within a radius of 2.7 kilometres over the last 2 years.
The most recent example is Corner Cottage, Dean Oak Lane, Reigate, RH2 8PZ, a Freehold house which sold for £815,000 in Nov 2023.
Read more about house prices in RH6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Norwood Hill, Horley, RH6 has a total of 40 addresses. According to our analysis of all the public data, Phoenix Lodge, Horley is the 34th largest and the 31st most expensive property on the street.
When compared to the postcode district it is £602k more expensive than the average property in RH6.
The closest station to Phoenix Lodge, Horley is Horley station which is 4.3 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Phoenix Lodge, Horley, 43.1% of property is privately owned outright and 33.8% 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 Phoenix Lodge, Horley, 13.0% of residents are recorded as possessing school level qualifications and 36.3% 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 Phoenix Lodge, Horley, the average age was 40.8 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 Phoenix Lodge, Horley, 2.0% 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 Phoenix Lodge, Horley, 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.