Market Insights - Hornchurch

We

2023 January - December

Property Marketing Insights

Est 1968

Our Beresfords Property Marketing Insights Report for Hornchurch provides you with area statistics, a review of the Residential Sales and Lettings Market over the last 12 months, and also gives you an insight into property prices in the area over a six year period. Interested in Hornchurch? Read on for more information.

Hornchurch tel | 01245 397499

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Area Insights | Hornchurch

Area Insights - Hornchurch Hornchurch maintains a distinctive demographic profile, featuring a population density of 4.9 residents per hectare, indicating a lower density compared to the regional average. As of 2021, the community housed 28,187 residents, reflecting a moderate 4.3% population increase over the decade spanning from 2011 to 2021.

Demographically, Hornchurch presents noteworthy characteristics, with 12.3% of its population falling within the 35 to 44 age range, below the regional average. Housing dynamics further contribute to this uniqueness, with 23.5% of households consisting of single occupants, while 43.1% accommodate families with children.

Economically, the most predominant industry of employment in Hornchurch is public administration, education, and health, constituting 26.2% of the working-age population. This signifies the community’s emphasis on sectors vital for public welfare and civic services.

In summary, Hornchurch stands out with a discernible demographic composition, characterized by lower population density, a specific age distribution, and a strategic focus on key employment sectors. These factors contribute to making Hornchurch a desirable location for both commuters and families alike.

Hornchurch Residential Sales Overview •

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Over the last 12 months the average sales price in Hornchurch was £565,404. The total value of sales was £186,156,402.

16% of sales in the past 12 months were flats, achieving an average sales price of £296,646.

Houses achieved an average price of £639,006.

The highest value recorded by the Land Registry over the past 12 months was £850,000 for a flat and £2,500,000 for a house.

We love how popular Hornchurch is with families. There is a wealth of green space and o�ers an easy commute to London via the District line.

The 500-seat Queen’s Theatre is a local gem and produces its own shows and has its own workshops to create scenery and costumes.

Scott Moule Sales Manager beresfords.co.uk

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Sales | Hornchurch

Average Sales Prices The chart below shows the average sales prices in Hornchurch for all properties from January 2018 (£472,920) to October 2023 (£558 236).

Change in prices compared to July 2022

Beresfords 2023 Statistics

15,171

384,652

New buyers registered

Unique visitors to our website

99% of asking price achieved

15,851 New tenants registered

beresfords.co.uk

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Lettings | Hornchurch

Hornchurch Residential Lettings Overview •

Over the last 12 months, the average rent achieved for homes let in Horchurch was £1,549 per month. This is a +6% change on the previous 12 month period.

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51% of homes let in the past 12 months were flats, achieving an average rental value of £1,380 per month. Houses achieved an average rent of £1,749 per month.

23% of renters are aged between 25 and 29.

Below shows the average rental figures achieved in Hornchurch by property type.

Below shows the average rental figures achieved in Hornchurch by property type.

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