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House Prices in RM11 House Prices in RM11 (Hornchurch)

The average house price in RM11 (Hornchurch) is £501,833 using HM Land Registry data.

The average property price increased by £81,778 (5.69%) over the last 5 years and increased by £16,385 (1%) over the last 12 months.

Over the last year, there were 284 residential property sales – a decrease of 85 transactions (-29.93%) relative to the previous year. The majority of house sales (93) were in the £414,000 - £538,000 range. Then came properties in the £538,000 - £662,000 range, where 52 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 98 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-19,771 (-3%).

In Oct 24, there were 78 new estate agency instructions, 58 agreed home sales and 40 property price reductions.

Nearby Postcodes: CM13, CM14, DA1, DA17, DA8, RM1, RM10, RM12, RM13, RM14, RM15, RM16, RM17, RM18, RM19, RM2, RM20, RM3, RM4, RM5, RM7, RM8, RM9, SS16, SS17

5-Year Average Property Prices in RM11 (Hornchurch)

5.69%

Property prices in Hornchurch increased by 5.69% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in RM11 (Hornchurch) Over the Last Year

1%

Property prices in Hornchurch increased by 1% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for RM11 (Hornchurch) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in RM11 (Hornchurch)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in RM11 (Hornchurch)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in RM11 (Hornchurch)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the RM11 (Hornchurch) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the RM11 postcode area since 1995.

Recent Sales in RM11 (Hornchurch)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
17 Boscombe Avenue, Hornchurch, Greater London, RM11 1JQ£600,000£600,000£0022 Jul 202419 Aug 202428 Days
125 Benets Road, Hornchurch, Greater London, RM11 3PT£425,000£410,000-£15,00015 May 202416 Aug 202493 Days
108 Parkstone Avenue, Hornchurch, Greater London, RM11 3LR£1,000,000£990,000-£10,00006 Feb 202415 Aug 2024191 Days
66 Hyland Way, Hornchurch, Greater London, RM11 1DY£515,000£500,000-£15,00003 Apr 202401 Aug 2024120 Days
169 Ardleigh Green Road, Hornchurch, Greater London, RM11 2LF£720,000£708,000-£12,00015 Apr 202426 Jul 2024102 Days
14 Pett Close, Hornchurch, Greater London, RM11 1FF£725,000£725,000£0013 Jan 202422 Jul 2024191 Days
83 Cranham Road, Hornchurch, Greater London, RM11 2AD£449,995£430,000-£19,99508 Jan 202419 Jul 2024193 Days
51 Birch Crescent, Hornchurch, Greater London, RM11 2NN£400,000£388,000-£12,00019 Feb 202410 Jul 2024142 Days
Flat 27, Goldsmere Court, Fentiman Way, Hornchurch, Greater London, RM11 3XY£160,000£160,000£0015 Jun 202305 Jul 2024386 Days
64 Primrose Glen, Hornchurch, Greater London, RM11 2NP£595,000£590,000-£5,00009 Oct 202304 Jul 2024269 Days
23 Denbigh Close, Hornchurch, Greater London, RM11 3EA£475,000£475,000£0020 Feb 202401 Jul 2024132 Days
2 Henderson Close, Hornchurch, Greater London, RM11 1FG£475,000£469,000-£6,00015 Aug 202328 Jun 2024318 Days
43 Wych Elm Close, Hornchurch, Greater London, RM11 3AJ£400,000£400,000£0005 Feb 202421 Jun 2024137 Days
66 Haynes Road, Hornchurch, Greater London, RM11 2HT£1,175,000£1,100,000-£75,00006 Feb 202417 Jun 2024132 Days
152 Squirrels Heath Lane, Hornchurch, Greater London, RM11 2DX£165,000£162,500-£2,50021 Mar 202413 Jun 202484 Days
4 Banyards, Hornchurch, Greater London, RM11 2QJ£1,500,000£1,280,000-£220,00024 Aug 202312 Jun 2024293 Days
274 Osborne Road, Hornchurch, Greater London, RM11 1HR£800,000£790,000-£10,00006 Feb 202411 Jun 2024126 Days
35 Macdonald Avenue, Hornchurch, Greater London, RM11 2NF£525,000£525,000£0026 Mar 202410 Jun 202476 Days
21 Great Nelmes Chase, Hornchurch, Greater London, RM11 2PS£825,000£800,000-£25,00010 Jan 202410 Jun 2024152 Days
163 Southend Arterial Road, Hornchurch, Greater London, RM11 2SF£600,000£582,000-£18,00023 Oct 202307 Jun 2024228 Days

Most Expensive Streets in RM11 (Hornchurch)

PostcodeStreetAreaAverageNo. of Sales
RM11 2QXElm GroveHornchurch£2,666,6663
RM11 3JGErnest RoadHornchurch£1,970,0003
RM11 2QUWoodlands AvenueHornchurch£1,751,2504
RM11 2PNSylvan AvenueHornchurch£1,704,6663
RM11 3PHFreeman WayHornchurch£1,665,0004
RM11 2QZNelmes WayHornchurch£1,510,8336
RM11 2RJAyloffs WalkHornchurch£1,501,6663
RM11 3NHRockchase GardensHornchurch£1,481,2504
RM11 3LPParkstone AvenueHornchurch£1,321,2504
RM11 1NTHarrow DriveHornchurch£1,320,0004

Least Expensive Streets in RM11 (Hornchurch)

PostcodeStreetAreaAverageNo. of Sales
RM11 3XYGoldsmere Court, Fentiman WayHornchurch£174,01728
RM11 2DBHaynes Park Court, Slewins CloseHornchurch£176,7504
RM11 3XPNeale Court, Upminster RoadHornchurch£219,5008
RM11 2DFHaynes Park Court, Slewins CloseHornchurch£219,8254
RM11 1ENDiamond CourtHornchurch£221,2005
RM11 1BAMenthone PlaceHornchurch£237,0005
RM11 1BBPark LaneHornchurch£241,8754
RM11 3SHChaplaincy GardensHornchurch£251,75012
RM11 1JJAustral DriveHornchurch£257,6254
RM11 1DAScott House, Benjamin CloseHornchurch£259,7504

Explore RM11 (Hornchurch) using map

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