Market Insights, Hornchurch

Hornchurch has a population density of 4.9 residents per hectare, 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 has 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.

Hornchurch is characterised 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.

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. 

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.

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.

Located within easy reach of the A12 and M25 whilst also offering good rail links into the Capital plus a wide selection of other amenities close by, Hornchurch has and continues to be a popular destination for investors and tenants alike. The local area offers a varied mix of property stock and has major road links on it's doorstep, including the A12, A127 and junctions 28 and 29 of the M25. Furthermore, its railway station operates on the London Underground (District line - Zone 6) so can transport those commuting by train into Central London in under 45 minutes. Romford and Lakeside Sopping Centres plus a large state hospital are all within easy reach and many of their employees choose to reside locally.