7, Luscombe Way
7, Luscombe Way
Description & Estimates
7, Luscombe Way, Horley is recorded publicly as a modern freehold house across 1,087 ft2 of internal area, sitting on a 159 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 7, Luscombe Way, Horley is £514,270 and its rental estimate is £2,218 per month, given the available information and assuming reasonable condition.
Luscombe Way, Horley, RH6 falls within the RH6 postal district, in the borough of Reigate and Banstead.
Our Data Sources
7, Luscombe Way, Horley has a single entry in the Land Registry from December 2021 and a single entry in the EPC database dated May 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 7, Luscombe Way, Horley, we estimate a market value of £539,983 and a rental value of £2,329 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £478,271 and £2,063 per month respectively.
Recent Market Change
Over the last year, 7, Luscombe Way, Horley has seen its estimated sale value move down by £1,024 (0.2%) and its estimated rental value increase by £130 per month (5.8%). This results in an estimated gross rental yield of 5.2%.
Plot Size
HM Land Registry records the plot of land for 7, Luscombe Way, Horley as measuring 159 m2.
That makes it the 16th largest plot in the postcode, where 21 of the 24 other houses have recorded plot data.
Energy Efficiency
7, Luscombe Way, Horley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 May 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 7, Luscombe Way, Horley completed on 9th December 2021 at £437,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 2.6% over the period since December 2021.
- Sold Dec 2021£437,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Luscombe Way, Horley have sold within a radius of 700 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th September 2021, was 9, Luscombe Way, Horley, RH6 8QY, a freehold house which sold for £480,000.
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 24 addresses on Luscombe Way, Horley, RH6, 7, Luscombe Way, Horley comes out as the 22nd largest and the 17th most expensive in our analysis of the public data.
It is also £65k more expensive than the average property across the RH6 district.
More reading links
Schools Nearby
- 500mWestvale Park Primary Academy
- 700mMeath Green Junior School
- 1.1kmMeath Green Infant School
- 2.3kmOakwood School
- 4.8kmReigate School
- 6.4kmHazelwick School
More reading links
Public Transport Nearby
From 7, Luscombe Way, Horley, the nearest station is Horley, 2.3 kilometres away.
- 2.3kmHorley
- 2.8kmSalfords (Surrey)
- 3.3kmGatwick Airport
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
