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According to the public record, 2, Bancroft Chase, Hornchurch is a modern apartment with 473 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Bancroft Chase, Hornchurch is £250,207 and the estimated rental value is £1,397 per month.
Bancroft Chase, Hornchurch, RM12 is located in the borough of Havering within the RM12 postal district.
2, Bancroft Chase, Hornchurch has no recent1 records in the the Land Registry and a single entry in the EPC database dated January 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 2, Bancroft Chase, Hornchurch is in very good condition we estimate a sale value of £262,718 and a rental value of £1,467 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £232,693 and a rental value of £1,299 per month.
Over the last 12 months the sale value of 2 Bancroft Chase Hornchurch has increased by an estimated £2,125 (0.8%) and its rental value has increased by an estimated £35 per month (2.5%), giving an expected gross yield of 6.7%.
2, Bancroft Chase, Hornchurch has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Jan 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 2, Bancroft Chase, Hornchurch was last sold on 4th November 2004 for £139,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Bancroft Chase, Hornchurch within a radius of 580 metres over the last 2 years.
The most recent example is 18, Bancroft Chase, Hornchurch, RM12 4DR, a leasehold flat which sold for £220,000 on the 23rd June 2023.
Read more about house prices in RM12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bancroft Chase, Hornchurch, RM12 has a total of 102 addresses. According to our analysis of all the public data, 2, Bancroft Chase, Hornchurch is the 96th largest and the 96th most expensive property on the street.
When compared to the postcode district it is £212k less expensive than the average property in RM12.
The nearest school is Harrow Lodge Primary School which is 500 metres away. The nearest train station is Elm Park which is 1.3 kilometres away.
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