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In this area, apartments of this size normally have 2 bedrooms.
Flat 11, 29, Lumley Road, Horley has an estimated sale value of £189,756 and an estimated rental value of £1,151 per month, assuming reasonable condition and based on the information available.
The apartment sits within 29, Lumley Road, Horley, RH6.
Lumley Road, Horley, RH6 lies in the borough of Reigate and Banstead, within the RH6 postal district.
Flat 11, 29, Lumley Road, Horley has no records in the the Land Registry and a single entry in the EPC database dated June 2020.
We combine this information with public data 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.
In very good condition, we estimate Flat 11, 29, Lumley Road, Horley would be worth £199,244, with a potential rental value of £1,209 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £176,473, with a rental value of £1,071 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 11, 29, Lumley Road, Horley has decreased by £916 (0.5%) over the last year. During the same period, its estimated monthly rental value has grown by £67 (5.8%). The property's estimated gross yield is currently 7.3%.
Flat 11, 29, Lumley Road, Horley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Jun 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 500 metres of Flat 11, 29, Lumley Road, Horley across the last 2 years.
Most recently, Flat 29, 100, Victoria Road, Horley, RH6 7AB, a leasehold flat, sold at £175,000 on the 12th January 2024.
Read more about house prices in RH6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 11, 29, Lumley Road, Horley as the 254th largest and the 263rd most expensive of the 273 addresses on Lumley Road, Horley, RH6.
Against the RH6 postcode district average, it is £260k less expensive than the typical property.
Horley station is the nearest stop to Flat 11, 29, Lumley Road, Horley at 700 metres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 11, 29, Lumley Road, Horley, 35.9% of property is privately owned with a mortgage and 28.2% 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 Flat 11, 29, Lumley Road, Horley, 21.4% of residents are recorded as possessing school level qualifications and 39.5% 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 Flat 11, 29, Lumley Road, Horley, the average age was 41.2 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 Flat 11, 29, Lumley Road, Horley, 0.7% 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 Flat 11, 29, Lumley Road, Horley, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.