3, Cedar Road
3, Cedar Road
Description & Estimates
3, Cedar Road, Hornchurch is recorded publicly as an early-century leasehold apartment across 516 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 3, Cedar Road, Hornchurch is £243,429 and its rental estimate is £1,468 per month, given the available information and assuming reasonable condition.
3, Cedar Road is a residential building on Cedar Road, Hornchurch, RM12 and falls within the RM12 postal district and the borough of Havering.
Our Data Sources
3, Cedar Road, Hornchurch has 31 entries in the Land Registry , most recently in February 2021 and a single entry in the EPC database dated August 2012.
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.
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 3, Cedar Road, Hornchurch, we estimate a market value of £255,601 and a rental value of £1,541 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £226,389 and £1,365 per month respectively.
Recent Market Change
Over the last year, 3, Cedar Road, Hornchurch has seen its estimated sale value drop by £332 (0.1%) and its estimated rental value rise by £18 per month (1.2%). This results in an estimated gross rental yield of 7.2%.
Energy Efficiency
3, Cedar Road, Hornchurch has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Aug 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 3, Cedar Road, Hornchurch completed on 22nd February 2021 at £255,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 23.8% over the period since February 2021.
- Sold Feb 2021£255,000
- Sold Apr 2006£145,000
- Sold Oct 2004£135,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Cedar Road, Hornchurch have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd December 2022, was 3A, Cedar Road, Hornchurch, RM12 4YL, a leasehold flat which sold for £220,000.
Read more about house prices in RM12.
- Sold Dec 2022£220,000 | 2 Bed Flat3A, Cedar Road, Hornchurch, RM12 4YL3A, Cedar Road, Hornchurch, RM12 4YL
- Sold Jan 2022£226,000 | 2 Bed Flat173, Latimer Drive, Hornchurch, RM12 6TN173, Latimer Drive, Hornchurch, RM12 6TN
- Sold Apr 2019£215,000 | 2 Bed Flat171, Latimer Drive, Hornchurch, RM12 6TN171, Latimer Drive, Hornchurch, RM12 6TN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 31 addresses on Cedar Road, Hornchurch, RM12, 3, Cedar Road, Hornchurch comes out as the 31st largest and the 30th most expensive in our analysis of the public data.
It is also £218k less expensive than the average property across the RM12 district.
More reading links
Schools Nearby
- 300mBenhurst Primary School
- 700mElm Park Primary School
- 800mSuttons Primary School
- 200mAbbs Cross Academy and Arts College
- 700mSanders Draper
- 700mHornchurch High School
More reading links
Public Transport Nearby
From 3, Cedar Road, Hornchurch, the nearest station is Hornchurch, 700 metres away.
- 700mHornchurch
- 900mElm Park
- 1.8kmEmerson Park
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
