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50, Lee Street, Horley is recorded publicly as a period freehold house across 871 ft2 of internal area, sitting on a 181 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 50, Lee Street, Horley is £387,974 and its rental estimate is £1,927 per month, given the available information and assuming reasonable condition.
Lee Street, Horley, RH6 falls within the RH6 postal district, in the borough of Reigate and Banstead.
50, Lee Street, Horley has 31 entries in the Land Registry , most recently in May 2016 and a single entry in the EPC database dated August 2015.
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.
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 50, Lee Street, Horley, we estimate a market value of £407,373 and a rental value of £2,024 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £360,816 and £1,792 per month respectively.
Over the last year, 50, Lee Street, Horley has seen its estimated sale value fall by £772 (0.2%) and its estimated rental value move up by £113 per month (5.8%). This results in an estimated gross rental yield of 6.0%.
HM Land Registry records the plot of land for 50, Lee Street, Horley as measuring 181 m2.
That makes it the 20th largest plot in the postcode, where 23 of the 35 other houses have recorded plot data.
50, Lee Street, Horley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Aug 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 50, Lee Street, Horley completed on 27th May 2016 at £328,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 23.0% over the period since May 2016.
Over the past 2 years 3 properties similar to 50, Lee Street, Horley have sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th September 2023, was 54, Lee Street, Horley, RH6 8EQ, a freehold house which sold for £420,000.
Read more about house prices in RH6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 120 addresses on Lee Street, Horley, RH6, 50, Lee Street, Horley comes out as the 94th largest and the 100th most expensive in our analysis of the public data.
It is also £61k less expensive than the average property across the RH6 district.
From 50, Lee Street, Horley, the nearest station is Horley, 1.6 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 50, Lee Street, Horley, 43.6% of property is privately owned with a mortgage and 33.3% 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 50, Lee Street, Horley, 20.3% of residents are recorded as possessing school level qualifications and 32.3% 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 50, Lee Street, Horley, the average age was 37.9 and the most common age was 32.
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 50, Lee Street, Horley, 0.0% 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 50, Lee Street, Horley, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.