According to the public record, Flat 7, Scott House, Hornchurch is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 614 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Scott House, Benjamin Close, Hornchurch, RM11.
Benjamin Close, Hornchurch, RM11 is located in the borough of Havering within the RM11 postal district.
Flat 7, Scott House, Hornchurch has a single entry in the Land Registry database from March 2020 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 Flat 7 Scott House Hornchurch as £282,757 and the rental value as £1,429 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 7 Scott House Hornchurch has decreased by £596 (0.2%) and its rental value has increased by £83 per month (5.8%).
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 7, Scott House, Hornchurch is in very good condition we estimate a sale value of £296,895 and rental value of £1,500 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £262,964 and a rental value of £1,329 per month.
If you were able to purchase this property for the estimated value of £282,757, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,390 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 7, Scott House, Hornchurch was last sold on 26 Mar 2020 for £250,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2020, the market for similar properties has risen 3.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Scott House, Hornchurch within a radius of 480 metres over the last 2 years.
The most recent example is Flat 4, Scott House, Benjamin Close, Hornchurch, RM11 1DA, a Leasehold flat which sold for £255,000 in Feb 2024.
Read more about house prices in RM11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Benjamin Close, Hornchurch, RM11 has a total of 24 addresses. According to our analysis of all the public data, Flat 7, Scott House, Hornchurch is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £276k less expensive than the average property in RM11.
The closest station to Flat 7, Scott House, 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 Flat 7, Scott House, Hornchurch, 35.6% of property is privately owned with a mortgage and 30.5% 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 Flat 7, Scott House, Hornchurch, 18.3% of residents are recorded as possessing school level qualifications and 34.1% 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 7, Scott House, 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 Flat 7, Scott House, 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 Flat 7, Scott House, 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.