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Property Price Trends
Brentwood Road, Romford
RM1 2EP Havering London Boro
What are the historical property price trends?
Explore the yearly trends in property prices for the RM1 postcode district in the UK. Stay informed and make smart real estate decisions based on the accurate, analysed data.
Property Price Trends
RM1
Most Expensive Property
£3,258,722
32 South Street, RM1 1RB
Sold: 13 December 2023
Cheapest Property
£27,500
144 South Street, RM1 1SX
Sold: 22 September 2023
£423,000
The average house price in Havering was £423,000 in November 2024 (provisional), up 3.1% from November 2023. Across London, there was little change in the average house price over the same period.
£1,449
Private rents rose to an average of £1,449 in December 2024, an annual increase of 10.9% from £1,306 in December 2023. This was lower than the rise in London (11.5%) over the year.
£358,000
The average price paid by first-time buyers was £358,000 in November 2024 (provisional). This was 3.5% higher than the average of £346,000 in November 2023 (revised).
£427,000
For homes bought with a mortgage, the average house price was £427,000 in November 2024 (provisional). This was 3.2% higher than the average of £414,000 in November 2023 (revised).
Data last updated: 17 Feb 2025. Data extracted from ONS housing prices/rents: inflation and price indices by local authority (Havering, E09000016). Rent estimates are provisional, and are for the latest 2 months.
Local House Price Trends
Have property prices been rising or falling in RM1 2EP?
The graph below shows the five-year capital growth figures for properties for the RM1 postcode district. Figures show year-on-year capital growth and not accumulative growth over the five-year period.
Compare House Price Trends
Enter a postcode below to compare the property prices in RM1 with any other UK postcode:
Regional Property Analysis
What trends is the property market seeing in Essex?
For Homebuyers:
Essex, known for its beautiful countryside and close proximity to London, has seen a steady increase in house prices in recent years. According to the latest data, the average house price in Essex is around £375,000, with popular areas such as Chelmsford (CM1) and Colchester (CO1) commanding higher prices due to their excellent transport links and amenities. The housing stock in Essex is diverse, ranging from period properties to new developments, providing plenty of options for homebuyers.
For Renters:
Rent prices in Essex have been on the rise, with the average monthly rent for a two-bedroom property standing at around £1,200. Areas like Brentwood (CM14) and Southend-on-Sea (SS1) are popular among renters for their vibrant communities and access to amenities. Availability of rental properties in Essex can vary, with demand often outstripping supply in popular areas. It is advisable for renters to act quickly when a suitable property becomes available.
For Investors:
Investors looking to enter the property market in Essex have plenty of opportunities to explore. With average rental yields of around 4-5%, Essex offers a competitive return on investment. Areas like Basildon (SS14) and Harlow (CM20) are worth considering for investors, as they have shown strong rental demand and capital growth potential. The popularity of Essex as a commuter belt for London is also a factor that attracts investors looking for long-term returns.
For Homebuyers:
Essex, known for its beautiful countryside and close proximity to London, has seen a steady increase in house prices in recent years. According to the latest data, the average house price in Essex is around £375,000, with popular areas such as Chelmsford (CM1) and Colchester (CO1) commanding higher prices due to their excellent transport links and amenities. The housing stock in Essex is diverse, ranging from period properties to new developments, providing plenty of options for homebuyers.
For Renters:
Rent prices in Essex have been on the rise, with the average monthly rent for a two-bedroom property standing at around £1,200. Areas like Brentwood (CM14) and Southend-on-Sea (SS1) are popular among renters for their vibrant communities and access to amenities. Availability of rental properties in Essex can vary, with demand often outstripping supply in popular areas. It is advisable for renters to act quickly when a suitable property becomes available.
For Investors:
Investors looking to enter the property market in Essex have plenty of opportunities to explore. With average rental yields of around 4-5%, Essex offers a competitive return on investment. Areas like Basildon (SS14) and Harlow (CM20) are worth considering for investors, as they have shown strong rental demand and capital growth potential. The popularity of Essex as a commuter belt for London is also a factor that attracts investors looking for long-term returns.
Last updated on 30 Apr 2025. Property market analysis is based on official data, and interpreted using neural networks (machine learning model), and subject to our Terms and Conditions.
Yield for RM1 2EP
Estimated yield for property investors
3.6%
Yield
The estimated yield for the RM1 2EP postcode area is 3.6%, compared to the national average yield of 3.8%.
View yield analysisHouse price affordability
Use this graph to view the housing affordability ratio data, as well as median house prices and household earnings in England and Wales, from 1997-2024.
Property sales
What houses have been sold in RM1 2EP?
The recently sold properties table lists homes around RM1 2EP that have been recorded by HM Land Registry, and their sold prices.
Price paid information is not personal, but property-related information. All commercial transactions, sales that have not been lodged with HM Land Registry or sales that were not for full market value are excluded.
| Date | Price | Property Address | Property Type | Estate Type |
|---|---|---|---|---|
| 17 November 2023 | £1,000,000 | 101 Brentwood Road, Romford, RM1 2EH | Other | Freehold |
| 30 June 2023 | £430,000 | 16 Brentwood Road, Romford, RM1 2EX | Terraced | Freehold |
| 21 February 2024 | £875,000 | 60 Victoria Road, Romford, RM1 2JH | Other | Freehold |
| 17 November 2023 | £40,000 | 14 Unit 1 2 Victoria Road, Romford, RM1 2JH | Other | Leasehold |
| 28 November 2022 | £270,000 | Victoria Court Flat 1 Victoria Road, Romford, RM1 2NU | Flat/Maisonette | Leasehold |
| 29 June 2023 | £325,000 | 25 Shakespeare Road, Romford, RM1 2QD | Terraced | Freehold |
| 23 June 2023 | £188,000 | 33 Rushdon Close, Romford, RM1 2RE | Flat/Maisonette | Leasehold |
| 20 February 2024 | £220,000 | 47 Rushdon Close, Romford, RM1 2RE | Flat/Maisonette | Leasehold |
Nearby sold properties | ||||
| 13 December 2023 | £3,258,722 | 32 South Street, Romford, RM1 1RB | Other | Freehold |
| 22 September 2023 | £27,500 | 144 South Street, Romford, RM1 1SX | Other | Leasehold |
| 19 February 2024 | £442,500 | 136 Ground Floor Shop South Street, Romford, RM1 1TE | Other | Freehold |
| 10 November 2023 | £290,000 | Charrington Court Flat 74 Atlanta Boulevard, Romford, RM1 1TF | Flat/Maisonette | Leasehold |
| 31 January 2023 | £600,000 | 5 Lita Mews, Romford, RM1 3FG | Terraced | Freehold |
| 25 April 2023 | £580,000 | 9 Lita Mews, Romford, RM1 3FG | Terraced | Freehold |
| 24 February 2023 | £190,000 | Halyards Court, 12 Flat 25 Western Road, Romford, RM1 3GL | Flat/Maisonette | Leasehold |
| 18 March 2024 | £128,000 | 9 Watermans, Romford, RM1 3QZ | Flat/Maisonette | Leasehold |
| 19 February 2024 | £580,000 | 68 Havering Drive, Romford, RM1 4BL | Detached | Freehold |
| 09 December 2022 | £225,000 | Queens Moat House, 22 Flat 3 St Edwards Way, Romford, RM1 4DD | Flat/Maisonette | Leasehold |
| 02 February 2024 | £420,000 | 404 Havering Road, Romford, RM1 4DE | Semi-Detached | Freehold |
| 01 December 2023 | £425,000 | 23 Hill Grove, Romford, RM1 4JP | Semi-Detached | Freehold |
| 01 December 2023 | £488,000 | 29 Marshalls Drive, Romford, RM1 4JR | Semi-Detached | Freehold |
| 08 December 2023 | £638,000 | 111 Seymer Road, Romford, RM1 4LA | Terraced | Freehold |
| 19 January 2022 | £450,000 | 50 Seymer Road, Romford, RM1 4LB | Terraced | Freehold |
| 08 December 2023 | £445,000 | 82 Parkside Avenue, Romford, RM1 4NH | Terraced | Freehold |
| 27 February 2024 | £565,000 | 1a Rosedale Road, Romford, RM1 4QP | Semi-Detached | Freehold |
| 17 November 2023 | £184,000 | 71 Heather Avenue, Romford, RM1 4SU | Terraced | Leasehold |
| 27 October 2023 | £570,000 | 202 Havering Road, Romford, RM1 4TD | Terraced | Freehold |
| 01 December 2023 | £540,000 | 60 Ayr Way, Romford, RM1 4UH | Semi-Detached | Freehold |
| 19 February 2024 | £730,000 | 8 Ayr Green, Romford, RM1 4UJ | Semi-Detached | Freehold |
| 04 December 2023 | £475,000 | 14 Beauly Way, Rise Park, Romford, RM1 4XD | Semi-Detached | Freehold |
| 23 February 2024 | £470,000 | 7 Esk Way, Romford, RM1 4YH | Semi-Detached | Freehold |
Please note that house prices for properties sold in and around RM1 2EP during this period do not reflect current values of properties in this postcode area, they are the prices paid at the time of sale. Prices paid is property price data for single residential property sales in England and Wales, sold on the market at full market value, and lodged with the Land Registry for registration.
For more information about the statistical data sets contained on this page, visit https://www.gov.uk/government/statistical-data-sets.
Average monthly mortgage payments
Data on this page contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0. Property data and analysis from PropertyData.co.uk.
Statistical Data Sets
Statistics extracted are from the UK House Price Index, published each month from HM Land Registry, and broken down into Country, Region, and County level.
All content is available under the Open Government Licence v3.0, except where otherwise stated
