2, Steed Close
2, Steed Close
Description & Estimates
2, Steed Close, Hornchurch is recorded publicly as a modern freehold house across 1,485 ft2 of internal area, sitting on a 481 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Steed Close, Hornchurch is £725,624 and its rental estimate is £2,662 per month, given the available information and assuming reasonable condition.
Steed Close, Hornchurch, RM11 falls within the RM11 postal district, in the borough of Havering.
Our Data Sources
2, Steed Close, Hornchurch has a single entry in the Land Registry from March 2021 and a single entry in the EPC database dated October 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Steed Close, Hornchurch, we estimate a market value of £761,905 and a rental value of £2,795 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £674,830 and £2,475 per month respectively.
Recent Market Change
Over the last year, 2, Steed Close, Hornchurch has seen its estimated sale value increase by £6,356 (0.9%) and its estimated rental value grow by £73 per month (2.7%). This results in an estimated gross rental yield of 4.4%.
Plot Size
HM Land Registry records the plot of land for 2, Steed Close, Hornchurch as measuring 481 m2.
That makes it the 2nd largest plot in the postcode, where 12 of the 13 other houses have recorded plot data.
Energy Efficiency
2, Steed Close, Hornchurch has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Oct 2017.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Steed Close, Hornchurch completed on 16th March 2021 at £640,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 2.0% over the period since March 2021.
- Sold Mar 2021£640,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Steed Close, Hornchurch have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th January 2024, was 25, St. Leonards Way, Hornchurch, RM11 1FP, a freehold house which sold for £650,000.
Read more about house prices in RM11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 13 addresses on Steed Close, Hornchurch, RM11, 2, Steed Close, Hornchurch comes out as the largest and the most expensive in our analysis of the public data.
It is also £131k more expensive than the average property across the RM11 district.
More reading links
Schools Nearby
- 600mHarrow Lodge Primary School
- 600mBenhurst Primary School
- 600mSt Mary's Catholic Primary School
- 100mHornchurch High School
- 900mAbbs Cross Academy and Arts College
- 1.5kmSanders Draper
More reading links
Public Transport Nearby
From 2, Steed Close, Hornchurch, the nearest station is Elm Park, 1.1 kilometres away.
- 1.1kmElm Park
- 1.4kmHornchurch
- 1.7kmEmerson Park
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
