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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 1, Rainbow Close, Horley is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 2,101 ft2 of internal area and sits on a 292 m2 plot and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Rainbow Close, Horley is £766,453 and the estimated rental value is £3,020 per month.
Rainbow Close, Horley, RH6 is located in the borough of Reigate and Banstead within the RH6 postal district.
1, Rainbow Close, Horley has a single entry in the Land Registry from January 2010 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.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 1, Rainbow Close, Horley is in very good condition we estimate a sale value of £804,776 and a rental value of £3,171 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £712,801 and a rental value of £2,808 per month.
Over the last 12 months the sale value of 1 Rainbow Close Horley has decreased by an estimated £10,043 (1.3%) and its rental value has increased by an estimated £88 per month (2.9%), giving an expected gross yield of 4.7%.
According to data from HM Land Registry, 1, Rainbow Close, Horley sits on a plot of 292m2.
We have plot size data on 7 out of 11 other houses in the postcode and 1, Rainbow Close, Horley sits on the 4th largest plot.
According to HM Land Registry, 1, Rainbow Close, Horley was last sold on 29th January 2010 for £485,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2010, the market for similar properties has risen 94.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Rainbow Close, Horley within a radius of 650 metres over the last 2 years.
The most recent example is 3, Field Close, Horley, RH6 9QG, a freehold house which sold for £650,000 on the 9th August 2022.
Read more about house prices in RH6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rainbow Close, Horley, RH6 has a total of 23 addresses. According to our analysis of all the public data, 1, Rainbow Close, Horley is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £314k more expensive than the average property in RH6.
The closest station to 1, Rainbow Close, Horley is Horley station which is 1.5 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 1, Rainbow Close, Horley, 41.2% of property is privately owned with a mortgage and 21.2% is privately owned outright.
The graph below shows how this compares to South East 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 1, Rainbow Close, Horley, 27.2% of residents are recorded as possessing school level qualifications and 39.0% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Rainbow Close, Horley, the average age was 38.9 and the most common age was 37.
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 1, Rainbow Close, Horley, 1.0% 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 1, Rainbow Close, Horley, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.
