House Prices in RM14 House Prices in RM14 (Upminster)

The average house price in RM14 (Upminster) is £545,529 using HM Land Registry data.

The average property price increased by £48,035 (19.59%) over the last 5 years and increased by £9,625 (3.09%) over the last 12 months.

Over the last year, there were 267 residential property sales – a decrease of 66 transactions (-24.72%) relative to the previous year. The majority of house sales (64) were in the £410,000 - £520,000 range. Then came properties in the £520,000 - £630,000 range, where 59 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 76 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-16,489 (-2%).

In Oct 24, there were 48 new estate agency instructions, 41 agreed home sales and 41 property price reductions.

5-Year Average Property Prices in RM14 (Upminster)

19.59%

Property prices in Upminster increased by 19.59% 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 RM14 (Upminster) Over the Last Year

3.09%

Property prices in Upminster increased by 3.09% 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 RM14 (Upminster) - 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 RM14 (Upminster)

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 RM14 (Upminster)

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 RM14 (Upminster)

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 RM14 (Upminster) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the RM14 postcode area since 1995.

Recent Sales in RM14 (Upminster)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
10 Chelmer Road, Upminster, Greater London, RM14 1QT£550,000£520,000-£30,00027 Oct 202326 Apr 2024182 Days
27 Doncaster Way, Upminster, Greater London, RM14 2PR£550,000£540,000-£10,00024 Jan 202426 Apr 202493 Days
10 St Albans Avenue, Upminster, Greater London, RM14 3JS£525,000£500,000-£25,00010 Jun 202325 Apr 2024320 Days
7 Londons Close, Upminster, Greater London, RM14 2DU£535,000£530,000-£5,00016 Nov 202323 Apr 2024159 Days
2 Plover Gardens, Upminster, Greater London, RM14 1EJ£450,000£450,000£0003 Oct 202319 Apr 2024199 Days
128 Howard Road, Upminster, Greater London, RM14 2UU£525,000£517,500-£7,50018 Jan 202419 Apr 202492 Days
63 Doncaster Way, Upminster, Greater London, RM14 2PP£475,000£475,000£0029 Nov 202328 Mar 2024120 Days
42 Southview Drive, Upminster, Greater London, RM14 2LD£685,000£675,000-£10,00020 Nov 202328 Mar 2024129 Days
6 Aspen Grove, Upminster, Greater London, RM14 2HZ£469,500£460,000-£9,50017 Aug 202315 Mar 2024211 Days
121 Argyle Gardens, Upminster, Greater London, RM14 3EX£800,000£750,000-£50,00003 Aug 202314 Mar 2024224 Days
52 Derham Gardens, Upminster, Greater London, RM14 3HA£750,000£715,000-£35,00018 Sep 202304 Mar 2024168 Days
52 Front Lane, Upminster, Greater London, RM14 1XW£525,000£510,000-£15,00012 Oct 202329 Feb 2024140 Days
21 Cornsland Close, Upminster, Greater London, RM14 1TQ£300,000£300,000£0009 Oct 202326 Feb 2024140 Days
141d, Moor Lane, Upminster, Greater London, RM14 1HG£290,000£287,000-£3,00018 Aug 202319 Feb 2024185 Days
65 Church Lane, Bulphan, Upminster, Thurrock, RM14 3TR£425,000£405,000-£20,00025 Oct 202309 Feb 2024107 Days
14 Cornsland Close, Upminster, Greater London, RM14 1TQ£400,000£400,000£0001 Nov 202307 Feb 202498 Days
39 Beech Avenue, Upminster, Greater London, RM14 2HW£650,000£650,000£0005 Sep 202329 Jan 2024146 Days
65 Doncaster Way, Upminster, Greater London, RM14 2PP£400,000£400,000£0014 Jul 202318 Jan 2024188 Days
56 Bridge Avenue, Upminster, Greater London, RM14 2LR£475,000£460,000-£15,00008 Aug 202312 Jan 2024157 Days
23 Lime Avenue, Upminster, Greater London, RM14 2HY£500,000£500,000£0024 Aug 202308 Jan 2024137 Days

Most Expensive Streets in RM14 (Upminster)

PostcodeStreetAreaAverageNo. of Sales
RM14 1UYEngayne GardensUpminster£1,560,0003
RM14 3BJBonham Grange, Church RoadUpminster£1,558,04511
RM14 1BSThe FairwayUpminster£1,412,5004
RM14 1URWaldegrave GardensUpminster£1,400,0003
RM14 1AQHall LaneUpminster£1,341,6663
RM14 1BPHolden WayUpminster£1,186,7504
RM14 1AGHall LaneUpminster£1,106,6663
RM14 1DLGrosvenor GardensUpminster£1,073,7504
RM14 2EUParkland AvenueUpminster£1,058,9166
RM14 3EEBalgownie Drive, BulphanUpminster£1,049,2857

Least Expensive Streets in RM14 (Upminster)

PostcodeStreetAreaAverageNo. of Sales
RM14 1LDFront LaneUpminster£215,7005
RM14 1LYWaycross RoadUpminster£255,6663
RM14 2UBStation RoadUpminster£260,6663
RM14 1LPBriarleas GardensUpminster£271,05010
RM14 1RWAvon RoadUpminster£275,0003
RM14 2QATyrells CloseUpminster£284,3333
RM14 1RUAvon Court, Avon RoadUpminster£285,0559
RM14 2QDSt Mary's LaneUpminster£286,8754
RM14 2QBSt Marys LaneUpminster£295,0836
RM14 2AQSpringfield Court, Springfield GardensUpminster£301,0003

Explore RM14 (Upminster) using map