According to the public record, 1, Franmil Road, Hornchurch is a mid-century freehold house with 1,097 ft2 of internal area and sits on a 194 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Franmil Road, Hornchurch, RM12 is located in the borough of Havering within the RM12 postal district.
1, Franmil Road, Hornchurch has a single entry in the Land Registry database from January 2020 and a single entry in the EPC database dated December 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Franmil Road Hornchurch as £445,121 and the rental value as £2,256 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 1 Franmil Road Hornchurch has decreased by £8,961 (2.0%) and its rental value has increased by £78 per month (3.4%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Franmil Road, Hornchurch is in very good condition we estimate a sale value of £467,377 and rental value of £2,369 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £413,962 and a rental value of £2,098 per month.
If you were able to purchase this property for the estimated value of £445,121, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,188 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, Franmil Road, Hornchurch sits on a plot of 194m2.
We have plot size data on 19 out of 32 other houses in the postcode and 1, Franmil Road, Hornchurch sits on the 5th largest plot.
According to HM Land Registry, 1, Franmil Road, Hornchurch was last sold on 16 Jan 2020 for £335,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2020, the market for similar properties has risen 11.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Franmil Road, Hornchurch within a radius of 510 metres over the last 2 years.
The most recent example is 10, Franmil Road, Hornchurch, RM12 4TR, a Freehold house which sold for £400,000 in Jan 2024.
Read more about house prices in RM12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Franmil Road, Hornchurch, RM12 has a total of 32 addresses. According to our analysis of all the public data, 1, Franmil Road, Hornchurch is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £10k more expensive than the average property in RM12.
1, Franmil Road, Hornchurch has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Dec 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Franmil Road, Hornchurch is Elm Park station which is 1.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Franmil Road, Hornchurch, 44.1% of property is privately owned outright and 44.1% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 1, Franmil Road, Hornchurch, 19.3% of residents are recorded as possessing school level qualifications and 30.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Franmil Road, Hornchurch, the average age was 41.7 and the most common age was 57.
The graph below shows how this compares to Greater London 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 1, Franmil Road, Hornchurch, 1.4% of property was a second home.
Comparison figures for Greater London 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 1, Franmil Road, Hornchurch, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.