According to the public record, 228A, Hornchurch Road, Hornchurch is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a early-century apartment with 380 ft2 of internal area and a garden.
Apartments of this size in this area normally have 1 bedroom.
Hornchurch Road, Hornchurch, RM11 is located in the borough of Havering within the RM11 postal district.
228A, Hornchurch Road, Hornchurch has a single entry in the Land Registry database from November 2014 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 228A Hornchurch Road Hornchurch as £187,572 and the rental value as £1,127 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 228A Hornchurch Road Hornchurch has decreased by £80 (0.0%) and its rental value has increased by £64 per month (5.7%).
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 228A, Hornchurch Road, Hornchurch is in very good condition we estimate a sale value of £196,950 and rental value of £1,183 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £174,442 and a rental value of £1,048 per month.
If you were able to purchase this property for the estimated value of £187,572, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £922 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, 228A, Hornchurch Road, Hornchurch was last sold on 05 Nov 2014 for £113,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2014, the market for similar properties has risen 39.4%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 228A, Hornchurch Road, Hornchurch within a radius of 500 metres over the last 2 years.
The most recent example is 2, Diamond Court, Hornchurch, RM11 1EN, a Leasehold flat which sold for £225,000 in Nov 2021.
Read more about house prices in RM11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hornchurch Road, Hornchurch, RM11 has a total of 140 addresses. According to our analysis of all the public data, 228A, Hornchurch Road, Hornchurch is the 136th largest and the 135th most expensive property on the street.
When compared to the postcode district it is £371k less expensive than the average property in RM11.
The closest station to 228A, Hornchurch Road, Hornchurch is Emerson Park station which is 1.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 228A, Hornchurch Road, Hornchurch, 42.2% of property is privately rented and 32.0% is privately owned outright.
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 228A, Hornchurch Road, Hornchurch, 19.9% of residents are recorded as possessing school level qualifications and 28.8% 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 228A, Hornchurch 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 228A, Hornchurch Road, 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 228A, Hornchurch Road, 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.