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According to the public record, 2, Basi Close, Hornchurch is a modern freehold house with 3,089 ft2 of internal area and sits on a 341 m2 plot.
Houses of this size in this area normally have 6 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Basi Close, Hornchurch is £1,061,966 and the estimated rental value is £3,949 per month.
Basi Close, Hornchurch, RM11 is located in the borough of Havering within the RM11 postal district.
2, Basi Close, Hornchurch has a single entry in the Land Registry from October 2018 and a single entry in the EPC database dated September 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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, Basi Close, Hornchurch is in very good condition we estimate a sale value of £1,115,064 and a rental value of £4,146 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £987,628 and a rental value of £3,672 per month.
Over the last 12 months the sale value of 2 Basi Close Hornchurch has increased by an estimated £7,953 (0.7%) and its rental value has increased by an estimated £57 per month (1.4%), giving an expected gross yield of 4.5%.
According to data from HM Land Registry, 2, Basi Close, Hornchurch sits on a plot of 341m2.
We have plot size data on 3 out of 3 other houses in the postcode and 2, Basi Close, Hornchurch sits on the 3rd largest plot.
2, Basi Close, Hornchurch has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Sep 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler.
According to HM Land Registry, 2, Basi Close, Hornchurch was last sold on 12th October 2018 for £925,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2018, the market for similar properties has risen 7.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Basi Close, Hornchurch within a radius of 650 metres over the last 2 years.
The most recent example is 3, Basi Close, Hornchurch, RM11 2BF, a freehold house which sold for £965,000 on the 31st January 2019.
Read more about house prices in RM11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Basi Close, Hornchurch, RM11 has a total of 3 addresses. According to our analysis of all the public data, 2, Basi Close, Hornchurch is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £466k more expensive than the average property in RM11.
The nearest school is The Campion School which is 230 metres away. The nearest train station is Harold Wood which is 1.3 kilometres away.
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