According to the public record, 15, Fairfield Close, Hornchurch is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 968 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Fairfield Close, Hornchurch, RM12 is located in the borough of Havering within the RM12 postal district.
15, Fairfield Close, Hornchurch has 2 entries in the Land Registry database, most recently in October 2022 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 15 Fairfield Close Hornchurch as £496,335 and the rental value as £2,140 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 15 Fairfield Close Hornchurch has increased by £3,348 (0.7%) and its rental value has increased by £131 per month (6.1%).
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 15, Fairfield Close, Hornchurch is in very good condition we estimate a sale value of £521,152 and rental value of £2,247 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £461,592 and a rental value of £1,990 per month.
If you were able to purchase this property for the estimated value of £496,335, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,439 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 HM Land Registry, 15, Fairfield Close, Hornchurch was last sold on 31 Oct 2022 for £490,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2022, the market for similar properties has dropped 3.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Fairfield Close, Hornchurch within a radius of 550 metres over the last 2 years.
The most recent example is 43, Vicarage Road, Hornchurch, RM12 4AS, a Freehold house which sold for £470,000 in Aug 2023.
Read more about house prices in RM12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fairfield Close, Hornchurch, RM12 has a total of 17 addresses. According to our analysis of all the public data, 15, Fairfield Close, Hornchurch is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £61k more expensive than the average property in RM12.
The closest station to 15, Fairfield Close, Hornchurch is Elm Park station which is 1.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 15, Fairfield Close, Hornchurch, 51.9% of property is privately owned outright and 30.5% 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 15, Fairfield Close, Hornchurch, 19.4% of residents are recorded as possessing school level qualifications and 18.2% 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 15, Fairfield Close, 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 15, Fairfield Close, Hornchurch, 0.0% 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 15, Fairfield Close, 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.