Market outlook for RH12
Key indicators for buyers
The RH12 market is moderately favourable for buyers. Prices have softened (-3.9%), which could present a buying opportunity. Affordability has improved from a peak of 14.2x in 2021 to 11.5x today. Rising rents (£1,442/mo, +4.0%) mean the cost of waiting is real.
Price trends
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
House price ÷ median earnings · ONS data
Affordability data shown for wider Horsham area
A home in Horsham costs 11.5x the local median salary — very stretched, improving from a peak of 14.2x in 2021.
Rental trends
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Horsham area
Average monthly rent in Horsham is £1,442, up 4.0% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Horsham price of £449,480 with a 25% deposit (£112k), a 2-year fixed mortgage at 3.97% costs around £1,774 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses RH12 avg. price with Horsham rental data
Monthly mortgage payments (£1,774) are £332 more than renting (£1,442). However, buying requires an upfront deposit of £112k — it would take around 13 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
28A, HURST ROAD RH12 2EP | Flat/Maisonette | £355,000 | 26 Jan 2026 |
8, CHERRY TREE WALK RH12 4UJ | Semi-detached | £346,000 | 23 Jan 2026 |
10, LAKESIDE RH12 2LS | Detached | £650,000 | 23 Jan 2026 |
44, COOK WAY, BROADBRIDGE HEATH RH12 3US | Terraced | £385,000 | 23 Jan 2026 |
20, LONGHURST AVENUE RH12 1BH | Semi-detached | £695,000 | 22 Jan 2026 |
11, EASTCROFT MEWS RH12 1UT | Terraced | £359,000 | 20 Jan 2026 |
36, ROWLANDS ROAD RH12 4LH | Semi-detached |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.