3 Margaret Drive

    3, MARGARET DRIVE, HORNCHURCH, RM11 3NT

    This semi-detached freehold property on Margaret Drive last sold in May 2022 for £500,000. Based on price growth in the RM11 district since then, its estimated current value is £515,868 — placing it in the 80th percentile nationally and the 49th percentile within RM11. The property covers 66 m² (710 sq ft), giving an estimated value of £7,816 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    710 sq ft

    66 m²

    Last Sale Price

    £500,000

    May 2022

    Estimated Valuation

    £515,868

    Est. £/sq ft

    £726/sq ft

    £7,816/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area710 sq ft (66 m²)
    EPC dateFeb 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 May 2022

    £500,000

    Key Metrics

    Estimated valuation£515,868
    Value per sq ft / m²£726/sq ft (£7,816/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM11 district percentile49th percentile
    National percentile80th 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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