You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in RM6

House Prices in RM6

The average house price in RM6 (Romford) is £402,222 using HM Land Registry data.

The average property price increased by £70,305 (20.36%) over the last 5 years and increased by £14,087 (3.19%) over the last 12 months.

Over the last year, there were 165 residential property sales – a decrease of 90 transactions (-54.55%) relative to the previous year. The majority of house sales (40) were in the £416,000 - £478,000 range. Then came properties in the £354,000 - £416,000 range, where 34 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,583 (-2%).

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

5-Year Average Property Prices in RM6 (Romford)

20.36%

Property prices in Romford increased by 20.36% 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 RM6 (Romford) Over the Last Year

3.19%

Property prices in Romford increased by 3.19% 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.

Property Market Heat Gauge for RM6 (Romford) - 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 RM6 (Romford)

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 RM6 (Romford)

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 RM6 (Romford)

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 RM6 (Romford) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the RM6 postcode area since 1995.

Recent Sales in RM6 (Romford)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
12 Dairy Mews, Romford, Greater London, RM6 4FP	£375,000	£360,000	-£15,000	26 Apr 2024	09 Aug 2024	105 Days
100 Saville Road, Chadwell Heath, Romford, Greater London, RM6 6DT	£220,000	£205,000	-£15,000	13 Nov 2023	09 Aug 2024	270 Days
6 Conway Crescent, Romford, Greater London, RM6 4XP	£495,500	£480,000	-£15,500	01 Feb 2024	26 Jul 2024	176 Days
25 Ashton Gardens, Romford, Greater London, RM6 6RT	£750,000	£735,000	-£15,000	28 Oct 2023	30 May 2024	215 Days
48 Donald Drive, Romford, Greater London, RM6 5DU	£490,000	£490,000	£00	14 Feb 2024	24 May 2024	100 Days
14 South Road, Chadwell Heath, Romford, Greater London, RM6 6YD	£525,000	£480,000	-£45,000	06 Nov 2023	24 May 2024	200 Days
51 Roxy Avenue, Romford, Greater London, RM6 4AW	£475,000	£460,000	-£15,000	20 May 2023	10 May 2024	356 Days
47 Grove Road, Chadwell Heath, Romford, Greater London, RM6 4AQ	£475,000	£475,000	£00	08 Sep 2023	10 May 2024	245 Days
9 Millhaven Close, Romford, Greater London, RM6 4PL	£425,000	£410,000	-£15,000	05 Feb 2024	26 Apr 2024	81 Days
40 Shepherds Close, Romford, Greater London, RM6 5AD	£375,000	£371,000	-£4,000	20 Oct 2023	19 Apr 2024	182 Days
29 Albany Road, Romford, Greater London, RM6 6BS	£425,000	£425,000	£00	13 Dec 2023	18 Apr 2024	127 Days
43 Freshwell Avenue, Chadwell Heath, Romford, Greater London, RM6 5DS	£600,000	£585,000	-£15,000	26 Dec 2023	28 Mar 2024	93 Days
47 Bennett Road, Romford, Greater London, RM6 6ER	£425,000	£415,000	-£10,000	16 Nov 2023	28 Mar 2024	133 Days
10 Blackbush Avenue, Romford, Greater London, RM6 5TU	£500,000	£475,000	-£25,000	08 Sep 2023	08 Mar 2024	182 Days
74 Thatches Grove, Romford, Greater London, RM6 5LH	£325,000	£325,000	£00	27 Oct 2023	07 Mar 2024	132 Days
7 Lee Avenue, Chadwell Heath, Romford, Greater London, RM6 6UA	£400,000	£390,000	-£10,000	21 Jul 2023	09 Feb 2024	203 Days
25 Montpelier Gardens, Romford, Greater London, RM6 4EJ	£500,000	£490,000	-£10,000	01 Feb 2024	07 Feb 2024	6 Days
32 Freshwell Avenue, Chadwell Heath, Romford, Greater London, RM6 5DT	£475,000	£460,000	-£15,000	07 Jul 2023	06 Feb 2024	214 Days
8 Ongar Close, Romford, Greater London, RM6 5DJ	£600,000	£590,000	-£10,000	27 Oct 2023	05 Feb 2024	101 Days
17 Arandora Crescent, Romford, Greater London, RM6 4SR	£475,000	£415,000	-£60,000	05 Jun 2023	30 Jan 2024	239 Days

Most Expensive Streets in RM6 (Romford)

Postcode	Street	Area	Average	No. of Sales
RM6 5SU	Billet Road	Romford	£601,666	3
RM6 4PS	Primrose Avenue	Romford	£575,000	3
RM6 4NU	Mayesford Road	Romford	£568,625	4
RM6 6RT	Ashton Gardens	Romford	£565,000	8
RM6 5DL	Rochford Avenue, Chadwell Heath	Romford	£549,833	6
RM6 4QU	Eccleston Crescent	Romford	£546,250	4
RM6 4DT	Birchdale Gardens	Romford	£541,666	3
RM6 4BG	Flora Gardens	Romford	£526,666	3
RM6 6TB	Melbourne Gardens	Romford	£519,166	3
RM6 5TU	Blackbush Avenue	Romford	£516,444	9

Least Expensive Streets in RM6 (Romford)

Postcode	Street	Area	Average	No. of Sales
RM6 6NY	High Road, Chadwell Heath	Romford	£90,000	4
RM6 4YB	Cunningham Close	Romford	£127,125	12
RM6 5UE	Portland Close	Romford	£143,625	16
RM6 4PN	Millhaven Close	Romford	£186,500	5
RM6 4DN	Burns Avenue, Chadwell Heath	Romford	£187,333	3
RM6 4PQ	Juniper Court, Grove Road	Romford	£188,800	5
RM6 4PW	Millhaven Close	Romford	£200,000	3
RM6 4PY	Capstan Close	Romford	£202,125	8
RM6 6RU	Craven Court, Mill Lane	Romford	£208,166	3
RM6 6HH	Grantham Gardens	Romford	£210,000	3