20, Lumley Road
20, Lumley Road
Description & Estimates
20, Lumley Road, Horley is recorded publicly as a period leasehold apartment across 1,173 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 20, Lumley Road, Horley is £343,686 and its rental estimate is £1,812 per month, given the available information and assuming reasonable condition.
Lumley Road, Horley, RH6 falls within the RH6 postal district, in the borough of Reigate and Banstead.
Our Data Sources
20, Lumley Road, Horley has 2 entries in the Land Registry , most recently in September 2015 and a single entry in the EPC database dated May 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 20, Lumley Road, Horley, we estimate a market value of £360,870 and a rental value of £1,902 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £319,628 and £1,685 per month respectively.
Recent Market Change
Over the last year, 20, Lumley Road, Horley has seen its estimated sale value decrease by £606 (0.2%) and its estimated rental value grow by £116 per month (6.4%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
20, Lumley Road, Horley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 May 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 20, Lumley Road, Horley completed on 28th September 2015 at £315,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 4.2% over the period since September 2015.
- Sold Sep 2015£315,000
- Sold Jul 2007£224,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 20, Lumley Road, Horley have sold within a radius of 500 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st July 2024, was Flat 67, The Quadrangle, Lumley Road, Horley, RH6 7JX, a leasehold flat which sold for £285,000.
Read more about house prices in RH6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 273 addresses on Lumley Road, Horley, RH6, 20, Lumley Road, Horley comes out as the 47th largest and the 126th most expensive in our analysis of the public data.
It is also £106k less expensive than the average property across the RH6 district.
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Schools Nearby
- 0mHorley Infant School
- 300mYattendon School
- 600mLangshott Primary School
- 600mOakwood School
- 5.5kmHazelwick School
- 5.9kmReigate School
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Public Transport Nearby
From 20, Lumley Road, Horley, the nearest station is Horley, 700 metres away.
- 700mHorley
- 2.0kmGatwick Airport
- 3.0kmSalfords (Surrey)
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
