According to the public record, Flat 3, Waterwell Court 3A, Hornchurch is a modern leasehold apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Waterwell Court, Manor Avenue, Hornchurch, RM11.
Manor Avenue, Hornchurch, RM11 is located in the borough of Havering within the RM11 postal district.
Flat 3, Waterwell Court 3A, Hornchurch has a single entry in the Land Registry database from June 2013 and a single entry in the EPC database dated November 2022.
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 Flat 3 Waterwell Court 3A Hornchurch as £389,690 and the rental value as £1,822 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 3 Waterwell Court 3A Hornchurch has increased by £2,506 (0.6%) and its rental value has increased by £124 per month (6.8%).
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 Flat 3, Waterwell Court 3A, Hornchurch is in very good condition we estimate a sale value of £409,175 and rental value of £1,913 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £362,412 and a rental value of £1,694 per month.
If you were able to purchase this property for the estimated value of £389,690, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,915 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, Flat 3, Waterwell Court 3A, Hornchurch was last sold on 03 Jun 2013 for £250,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2013, the market for similar properties has risen 49.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Waterwell Court 3A, Hornchurch within a radius of 520 metres over the last 2 years.
The most recent example is 37, Station Road, Romford, RM2 6BX, a Leasehold flat which sold for £285,000 in Jan 2021.
Read more about house prices in RM11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Manor Avenue, Hornchurch, RM11 has a total of 23 addresses. According to our analysis of all the public data, Flat 3, Waterwell Court 3A, Hornchurch is the 17th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £169k less expensive than the average property in RM11.
Flat 3, Waterwell Court 3A, Hornchurch has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Nov 2022.
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 Flat 3, Waterwell Court 3A, Hornchurch is Gidea Park station which is 400 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 3, Waterwell Court 3A, Hornchurch, 50.0% of property is privately owned outright and 42.4% 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 Flat 3, Waterwell Court 3A, Hornchurch, 14.1% of residents are recorded as possessing school level qualifications and 27.6% 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 Flat 3, Waterwell Court 3A, Hornchurch, the average age was 42.3 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 Flat 3, Waterwell Court 3A, Hornchurch, 0.9% 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 Flat 3, Waterwell Court 3A, Hornchurch, there are an average of 1.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.