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According to the public record, 4, Rainbow Close, Horley is a modern freehold house with 818 ft2 of internal area and sits on a 151 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Rainbow Close, Horley is £441,322 and the estimated rental value is £1,895 per month.
Rainbow Close, Horley, RH6 is located in the borough of Reigate and Banstead within the RH6 postal district.
4, Rainbow Close, Horley has 2 entries in the Land Registry , most recently in October 2014 and a single entry in the EPC database dated June 2014.
We combine this information with that of neighbouring properties to estimate the property 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 4, Rainbow Close, Horley is in very good condition we estimate a sale value of £463,388 and a rental value of £1,990 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £410,430 and a rental value of £1,762 per month.
Over the last 12 months the sale value of 4 Rainbow Close Horley has increased by an estimated £2,969 (0.7%) and its rental value has increased by an estimated £89 per month (4.7%), giving an expected gross yield of 5.2%.
According to data from HM Land Registry, 4, Rainbow Close, Horley sits on a plot of 151m2.
We have plot size data on 7 out of 11 other houses in the postcode and 4, Rainbow Close, Horley sits on the 7th largest plot.
4, Rainbow Close, Horley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Jun 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 4, Rainbow Close, Horley was last sold on 30th October 2014 for £290,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2014, the market for similar properties has risen 49.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Rainbow Close, Horley within a radius of 630 metres over the last 2 years.
The most recent example is 30, Newman Road, Horley, RH6 9JB, a freehold house which sold for £500,000 on the 16th February 2024.
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, 4, Rainbow Close, Horley is the 8th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £11k less expensive than the average property in RH6.
The closest station to 4, 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, 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 4, 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 4, 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 4, 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 4, 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.
