Horley

Area Guide For Horley

Horley is a town in Surrey on the border of Surrey and West Sussex, England, south of the twin towns of Reigate and Redhill, and neighbouring Gatwick Airport and in turn Crawley. With fast links by train round-the-clock to London from Horley railway station, it qualifies as a commuter town and has a significant economy of its own, including business parks and a relatively long high street. In the past the Weald was a thickly forested and mucky territory. Amid Saxon times, the Manor of Horley went under the control of the Benedictine Abbey of St Peter at Chertsey. In the Domesday Book of 1086, the Manor was inside the hundred known as Cherchefelle which in 1199 got to be known as Reigate. The Manor went to Henry VIII on the disintegration of the religious communities in 1539 and changed hands a few times amid the following sixty years.

 
 

Horley Map

Estimated Price: £349,327
Average Asking Price: £477,498
Price change in last one year: £24,751
Average Price Paid: £282,939
Average Rent Rates: £1,118

 
 

Property Prices Breakdown in Horley

Average Price for property in Horley is around £349,327 which varies based on type of property you are interested in and ranges from £506,929 for detached house to around £321,657 for semi-detached. Similarly terraced house is around £271,849 and a flat is worth £186,655. Values have been changing and have risen £770 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,867 in last 6 months, £24,751 in last 1 year, £44,796 in last 2 years, £49,165 in last 3 years, £39,114 in last 4 years and £44,814 in last 5 years.

Currently average asking price of a property in Horley is around £477,498 based on approximately 538 properties for sale. Same is the case with rental options based on 89 properties up for rent, average asking rent is around £1,118 per month.

Estimated property value in Horley is £349,327. Average asking price is £477,498 while average price paid is £315,751 which is up by £24,751 and Avg. asking rent £1,118.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Horley area. In last 1 year alone average price buyer paid is around £315,751 based on approximately 538 sales in Horley area alone. If you compare it to last 3 years sales of 1,570 properties where buyers paid around £292,378. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £282,939 for 2,492 and average amount paid for purchase of approx. 3,245 properties sold in last 7 years comes to about £277,857 per sale.

 
 

Properties For Sale in Horley

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £146,983, £310,400 for a 2 bedroom house, £403,947 for a 3 bedroom house, £626,647 for a 4 bedroom house and £638,037 for a 5 bedroom house. For a flat similarly the prices varies from £130,294 for a single bedroom to £204,484 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £315,000. To sum up the asking prices for properties in Horley it comes to around average £137,446 for 1 bedroom property, £260,557 for 2 bedroom, £402,513 for 3 bedroom, £626,647 for 4 bedroom and £638,037 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £808 for 1 bedroom to £1,013 for 2 bedrooms, £1,385 for 3 bedrooms, £1,678 for 4 bedrooms and £2,746 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £713. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £944. You should be generally be expecting around average £750 rent per month for single bedroom property, £982 for 2 bedroom, £1,385 for 3 bedroom, £1,678 for 4 bedroom and approximately £2,746 for a 5 bedroom property in Horley area.

Popular Houses in Horley

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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