38 Park Lane

    38, PARK LANE, HORNCHURCH, RM11 1BD

    This flat/maisonette leasehold property on Park Lane last sold in November 2023 for £317,500. Based on price growth in the RM11 district since then, its estimated current value is £309,442 — placing it in the 51st percentile nationally and the 13th percentile within RM11. The property covers 74 m² (797 sq ft), giving an estimated value of £4,182 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    797 sq ft

    74 m²

    Last Sale Price

    £317,500

    Nov 2023

    Estimated Valuation

    £309,442

    Est. £/sq ft

    £389/sq ft

    £4,182/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area797 sq ft (74 m²)
    EPC dateSept 2023
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Nov 2023

    £317,500

    13 Feb 2014

    £178,000

    Key Metrics

    Estimated valuation£309,442
    Value per sq ft / m²£389/sq ft (£4,182/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM11 district percentile13th percentile
    National percentile51st percentile

    District Context — RM11

    RM11 covers parts of Hornchurch and the surrounding areas in east London, sitting within the broader Romford postcode region. It is a established residential neighbourhood with a mix of family homes and a solid suburban character.

    Average Property Price - RM11

    £549,038

    86

    National percentile

    Average Net Household Income - RM11

    £51,806

    92

    National percentile

    10-Year Annualised Price Growth - RM11

    3.1%

    32

    National percentile

    10-Year Annualised Rent Growth - RM

    4.4%

    80

    National percentile

    View full analysis for RM11

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