Terraced 2 sales on record

3 NEW STREET

HORSHAM, WEST SUSSEX, RH13 5DT

£392,000

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop SussexSurrey 0.0 miles
Bus stop Denne Road 0.1 miles
Train station Horsham 0.4 miles
Hospital Horsham Hospital 0.7 miles
University Mullard Space Science Laboratory 8.8 miles

Property details

Tenure

Freehold

Property type

Terraced

Bedrooms

2

Bathrooms

2

Floor area

79 m²

EPC rating

B

Last sold

£392,000 May 2026

Price per m²

£4,962/m²

Local average

£377,120 (25 sales)

Street crime

283 incidents within 1 mile (Jul 2026)

EPC Rating & Upgrade Cost

Current rating: B

Potential rating: A

Inspection date: 03/06/2021

Expiry date: 02/06/2031

Current heating cost: £195/year

Potential heating cost: £195/year

Est. upgrade cost to C: £9,500

Recommendations

  • Solar water heating (£4,000 - £6,000)
  • Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Price history

Event Date Price Type % change Today’s value (HPI) Action
Sold 05/05/2026 £392,000 Terraced -1.4% £390,472 to June 2026 View transaction
Sold 28/09/2021 £397,500 Terraced £444,469 to June 2026 View transaction

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address Price Date Type
21 VICTORIA STREET, HORSHAM, WEST SUSSEX, RH13 5DZ £390,000 22/11/2022 Terraced
5 NEW STREET, HORSHAM, WEST SUSSEX, RH13 5DT £425,000 06/07/2022 Terraced
7 STANLEY WALK, HORSHAM, WEST SUSSEX, RH13 5DR £350,000 31/05/2022 Terraced
7 STANLEY WALK, HORSHAM, WEST SUSSEX, RH13 5DR £330,000 27/05/2022 Terraced
80 BEDFORD ROAD, HORSHAM, WEST SUSSEX, RH13 5BH £475,000 28/04/2022 Terraced
1 NEW STREET, HORSHAM, WEST SUSSEX, RH13 5DT £415,000 23/03/2022 Terraced
21 PARK TERRACE EAST, HORSHAM, WEST SUSSEX, RH13 5DJ £345,000 07/12/2021 Terraced
23 LIVINGSTONE ROAD, HORSHAM, WEST SUSSEX, RH13 5DP £335,000 06/12/2021 Terraced
12 VICTORIA STREET, HORSHAM, WEST SUSSEX, RH13 5DZ £370,000 03/12/2021 Terraced
3A NEW STREET, HORSHAM, WEST SUSSEX, RH13 5DT £400,000 02/12/2021 Terraced
29 - 30 PARK TERRACE WEST, HORSHAM, WEST SUSSEX, RH12 1HY £549,000 15/11/2021 Terraced
4 WATERHOUSE MEWS, 57 PARK TERRACE EAST, HORSHAM, WEST SUSSEX, RH13 5DJ £335,000 30/09/2021 Terraced

Area average: £393,250 (12 sales)

For sale comparables

No active for-sale comparables found within 1 mile for the same bedrooms and property type.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 0.8%
10y growth 13%

House Price Index (HM Land Registry — official index, not sold-price averages): Horsham. Series: Terraced. As of June 2026.

1y (index) 1.1%
5y (index) 14.3%
10y (index) 24.2%

Rental Range

Estimated market rent for Horsham. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,319/mo
Realistic £1,465/mo
Optimistic £1,612/mo

Based on Local Authority from postcode lookup → Horsham.

LHA (30th percentile) floor for Crawley & Reigate: Apr 2025 – Mar 2026

Rental Comparables

Residential lets in the area (all bedroom counts shown — none matched the 2-bedroom count for this property). Student lets are excluded.

Title Rent Beds Distance As seen on
1 Bed Flat, Hadmans Close, RH12 £1,100/mo 1 0.29 miles OpenRent

Average rent: £1,100/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.28%
Max investor price (0.8%) £137,500
Target investor price (1%) £110,000
Gross yield 3.4%
Cost-to-rent ratio 29.7×
Monthly cashflow £-579/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -6.1%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 1

Risk: Low

Not in Flood Risk Area (no data)

Registered land (INSPIRE)

This location falls inside an HM Land Registry INSPIRE registered freehold polygon.

Plot: ~58 m² (0.01 acres)

Source: HM Land Registry INSPIRE Index Polygons.

Street-level crime

Category Count
Anti-social behaviour 105
Violence and sexual offences 65
Shoplifting 47
Criminal damage and arson 17
Public order 17
Other theft 15
Burglary 5
Bicycle theft 3
Drugs 3
Other crime 3
Robbery 1
Theft from the person 1
Vehicle crime 1
Total incidents 283

Within 1 mile during Jul 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
St Mary's CofE (Aided) Primary School Primary 0.4 miles Good — 3 Mar 2019
Littlehaven Educational Trust Other 0.5 miles (No rating)
The Forest School Secondary 0.7 miles Good — 3 Apr 2017
Millais School Secondary 0.7 miles Good — 15 Nov 2022
Horsham Nursery School Nursery 0.7 miles Good — 17 May 2012

FENSA

No FENSA certificates found for this address.