1B, Chichester Terrace
1B, Chichester Terrace
Description & Estimates
1B, Chichester Terrace, Horsham appears in the public record as a leasehold apartment.
We estimate it to be a period apartment with 533 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 1B, Chichester Terrace, Horsham is £321,404 and its rental estimate is £1,503 per month, given the available information and assuming reasonable condition.
1, Chichester Terrace is a residential building on Chichester Terrace, Horsham, RH12 and falls within the RH12 postal district and the borough of Horsham.
Our Data Sources
1B, Chichester Terrace, Horsham has 21 entries in the Land Registry , most recently in January 2011 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 1 out of 5 and is considered of low 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 1B, Chichester Terrace, Horsham, we estimate a market value of £337,474 and a rental value of £1,579 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £298,906 and £1,398 per month respectively.
Recent Market Change
Over the last year, 1B, Chichester Terrace, Horsham has seen its estimated sale value decrease by £1,594 (0.5%) and its estimated rental value grow by £74 per month (4.9%). This results in an estimated gross rental yield of 5.6%.
Sold Prices
The most recent sale of 1B, Chichester Terrace, Horsham completed on 7th January 2011 at £145,000 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 30.1% over the period since January 2011.
- Sold Jan 2011£145,000
- Sold Mar 1998£12,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1B, Chichester Terrace, Horsham have sold within a radius of 460 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st May 2024, was Corner Mews, Chichester Terrace, Horsham, RH12 1DB, a leasehold flat which sold for £350,000.
Read more about house prices in RH12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 32 addresses on Chichester Terrace, Horsham, RH12, 1B, Chichester Terrace, Horsham comes out as the 32nd largest and the 20th most expensive in our analysis of the public data.
It is also £146k less expensive than the average property across the RH12 district.
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Schools Nearby
- 700mSt Mary's CofE (Aided) Primary School
- 1.0kmKingslea Primary School
- 1.1kmTrafalgar Community Infant School
- 1.1kmMillais School
- 1.2kmThe Forest School
- 2.0kmTanbridge House School
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Public Transport Nearby
From 1B, Chichester Terrace, Horsham, the nearest station is Horsham, 400 metres away.
- 400mHorsham
- 2.1kmLittlehaven
- 3.2kmChrists Hospital
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.
