According to the public record, 85A, Craigdale Road, Hornchurch is a period leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Craigdale Road, Hornchurch, RM11 is located in the borough of Havering within the RM11 postal district.
85A, Craigdale Road, Hornchurch has a single entry in the Land Registry database from May 2008 and a single entry in the EPC database dated June 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 85A Craigdale Road Hornchurch as £204,603 and the rental value as £1,256 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 85A Craigdale Road Hornchurch has decreased by £607 (0.3%) and its rental value has increased by £70 per month (5.6%).
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 85A, Craigdale Road, Hornchurch is in very good condition we estimate a sale value of £214,834 and rental value of £1,319 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £190,281 and a rental value of £1,168 per month.
If you were able to purchase this property for the estimated value of £204,603, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,006 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, 85A, Craigdale Road, Hornchurch was last sold on 30 May 2008 for £130,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2008, the market for similar properties has risen 56.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 85A, Craigdale Road, Hornchurch within a radius of 440 metres over the last 2 years.
The most recent example is 30, Frazer Close, Romford, RM1 2DF, a Leasehold flat which sold for £210,000 in Jan 2023.
Read more about house prices in RM11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Craigdale Road, Hornchurch, RM11 has a total of 109 addresses. According to our analysis of all the public data, 85A, Craigdale Road, Hornchurch is the 105th largest and the 106th most expensive property on the street.
When compared to the postcode district it is £354k less expensive than the average property in RM11.
85A, Craigdale Road, Hornchurch has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Jun 2023.
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 85A, Craigdale Road, Hornchurch is Emerson Park station which is 1.4 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 85A, Craigdale Road, Hornchurch, 38.0% of property is privately owned with a mortgage and 27.0% 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 85A, Craigdale Road, Hornchurch, 20.3% of residents are recorded as possessing school level qualifications and 36.2% 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 85A, Craigdale Road, 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 85A, Craigdale Road, Hornchurch, 0.5% 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 85A, Craigdale Road, Hornchurch, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.