According to the public record, 37, Park Lane, Hornchurch is a mid-century freehold house with 1,388 ft2 of internal area and sits on a 278 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Park Lane, Hornchurch, RM11 is located in the borough of Havering within the RM11 postal district.
37, Park Lane, Hornchurch has a single entry in the Land Registry database from March 2023 and a single entry in the EPC database dated December 2021.
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 37 Park Lane Hornchurch as £524,776 and the rental value as £2,531 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 37 Park Lane Hornchurch has decreased by £4,108 (0.8%) and its rental value has increased by £127 per month (5.0%).
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 37, Park Lane, Hornchurch is in very good condition we estimate a sale value of £551,015 and rental value of £2,657 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £488,042 and a rental value of £2,353 per month.
If you were able to purchase this property for the estimated value of £524,776, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,579 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, 37, Park Lane, Hornchurch sits on a plot of 278m2.
We have plot size data on 12 out of 19 other houses in the postcode and 37, Park Lane, Hornchurch sits on the 3rd largest plot.
According to HM Land Registry, 37, Park Lane, Hornchurch was last sold on 03 Mar 2023 for £575,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2023, the market for similar properties has dropped 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 37, Park Lane, Hornchurch within a radius of 430 metres over the last 2 years.
The most recent example is 60, Globe Road, Hornchurch, RM11 1BN, a Freehold house which sold for £600,000 in May 2024.
Read more about house prices in RM11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Lane, Hornchurch, RM11 has a total of 181 addresses. According to our analysis of all the public data, 37, Park Lane, Hornchurch is the 2nd largest and the 4th most expensive property on the street.
When compared to the postcode district it is £34k less expensive than the average property in RM11.
37, Park Lane, Hornchurch has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Dec 2021.
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 37, Park Lane, Hornchurch is Gidea Park station which is 1.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 37, Park Lane, Hornchurch, 46.6% of property is privately rented and 26.7% 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 37, Park Lane, Hornchurch, 20.3% of residents are recorded as possessing school level qualifications and 28.9% 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 37, Park Lane, Hornchurch, the average age was 36.6 and the most common age was 32.
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 37, Park Lane, Hornchurch, 0.3% 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 37, Park Lane, Hornchurch, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.