Flat 4, Merlin House 12
Flat 4, Merlin House 12
Description & Estimates
The public record describes Flat 4, Merlin House 12, Horley as a modern apartment with 570 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 4, Merlin House 12, Horley has an estimated sale value of £220,001 and an estimated rental value of £1,284 per month, assuming reasonable condition and based on the information available.
The apartment sits within Merlin House, Hoadley Road, Horley, RH6.
Hoadley Road, Horley, RH6 lies in the borough of Reigate and Banstead, within the RH6 postal district.
Our Data Sources
Flat 4, Merlin House 12, Horley has no records in the the Land Registry and a single entry in the EPC database dated March 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate Flat 4, Merlin House 12, Horley would be worth £231,001, with a potential rental value of £1,348 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £204,601, with a rental value of £1,194 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 4, Merlin House 12, Horley has decreased by £1,062 (0.5%) over the last year. During the same period, its estimated monthly rental value has grown by £75 (5.8%). The property's estimated gross yield is currently 7.0%.
Energy Efficiency
Flat 4, Merlin House 12, Horley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Mar 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 820 metres of Flat 4, Merlin House 12, Horley across the last 2 years.
Most recently, Flat 6, Comet House 3, Hoadley Road, Horley, RH6 8SW, a leasehold flat, sold at £248,500 on the 30th May 2025.
Read more about house prices in RH6.
- Sold May 2025£248,500 | 2 Bed FlatComet House 3, Hoadley RoadFlat 6, Comet House 3, Hoadley Road, Horley, RH6 8SW
- Sold Mar 2025£240,000 | 2 Bed FlatWren House 23, Westvale RoadFlat 3, Wren House 23, Westvale Road, Horley, RH6 8NS
- Sold Aug 2023£235,000 | 2 Bed FlatWren House 23, Westvale RoadFlat 5, Wren House 23, Westvale Road, Horley, RH6 8NS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 4, Merlin House 12, Horley as the 122nd largest and the 124th most expensive of the 125 addresses on Hoadley Road, Horley, RH6.
Against the RH6 postcode district average, it is £229k less expensive than the typical property.
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Schools Nearby
- 600mWestvale Park Primary Academy
- 600mMeath Green Junior School
- 700mMeath Green Infant School
- 2.2kmOakwood School
- 4.2kmReigate School
- 6.1kmCarrington School
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Public Transport Nearby
Salfords (Surrey) station is the nearest stop to Flat 4, Merlin House 12, Horley at 1.8 kilometres away.
- 1.8kmSalfords (Surrey)
- 2.4kmHorley
- 3.6kmGatwick Airport
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
