FREEPHONE 0800 044 3733 Lines Open 24/7
FREE Cash Offer CALL US on FREEPHONE0800 044 3733
You are here: Property Solvers Home Homeowners Hub London House Prices House Prices in Romford

Romford House Prices Romford House Prices

The average house price in Romford is £460,673 using HM Land Registry data.

The average property price increased by £68,806 (17.1%) over the last 5 years and increased by £13,783 (3.01%) over the last 12 months.

Over the last year, there were 886 residential property sales – a decrease of 180 transactions (-20.32%) relative to the previous year. The majority of house sales (260) were in the £408,000 - £492,000 range. Then came properties in the £324,000 - £408,000 range, where 140 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 168 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-13,654 (-2%).

In January 2025, there were 198 new estate agency instructions, 164 agreed home sales and 72 property price reductions.

Neighbouring Areas: Havering, Hornchurch, Chadwell Heath, Dagenham

Postcodes Covered: RM1, RM10, RM11, RM12, RM2, RM3, RM4, RM5, RM7, RM8

5-Year Average Property Prices in Romford

17.1%

Property prices in Romford increased by 17.1% 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 Romford Over the Last Year

3.01%

Property prices in Romford increased by 3.01% 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 Romford - January 2025

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 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 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 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 Romford since 1995

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

Recent Property Sales in Romford

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
17 Bancroft Chase, Hornchurch, Greater London, RM12 4DP£400,000£395,000-£5,00007 Oct 202418 Dec 202472 Days
29 Portnoi Close, Romford, Greater London, RM1 4AP£350,000£350,000£030 Aug 202417 Dec 2024109 Days
153 Park Lane, Hornchurch, Greater London, RM11 1EQ£435,000£435,000£011 Jun 202412 Dec 2024184 Days
8 Don Way, Romford, Greater London, RM1 4YR£525,000£505,000-£20,00011 Mar 202411 Dec 2024275 Days
Flat 20, Calder Court, Riverside Close, Romford, Greater London, RM1 1EN£300,000£300,000£016 May 202409 Dec 2024207 Days
3 Mcintosh Close, Romford, Greater London, RM1 4JH£475,000£470,000-£5,00002 Aug 202405 Dec 2024125 Days
36 Lucerne Way, Romford, Greater London, RM3 8BS£375,000£370,000-£5,00026 Jun 202403 Dec 2024160 Days
34 Dymoke Road, Hornchurch, Greater London, RM11 1AA£500,000£495,000-£5,00025 Jun 202402 Dec 2024160 Days
96 Grosvenor Drive, Hornchurch, Greater London, RM11 1PW£550,000£520,000-£30,00012 Aug 202429 Nov 2024109 Days
4 Dunstable Close, Romford, Greater London, RM3 8JD£375,000£375,000£012 Apr 202429 Nov 2024231 Days
59 Albert Road, Romford, Greater London, RM1 2PS£450,000£407,500-£42,50029 May 202420 Nov 2024175 Days
69 Cedar Road, Romford, Greater London, RM7 7JS£575,000£565,000-£10,00009 Apr 202420 Nov 2024225 Days
15 Wallis Close, Hornchurch, Greater London, RM11 1FY£525,000£515,000-£10,00010 Jul 202415 Nov 2024128 Days
35 Jasmine Road, Rush Green, Romford, Greater London, RM7 0WZ£490,000£490,000£005 Sep 202415 Nov 202471 Days
8 Mcintosh Close, Romford, Greater London, RM1 4JH£475,000£450,000-£25,00025 Apr 202413 Nov 2024202 Days
14 Widecombe Close, Harold Hill, Romford, Greater London, RM3 8PL£400,000£395,000-£5,00022 Aug 202412 Nov 202482 Days
Flat 7, Upward Court, Junction Road, Romford, Greater London, RM1 3QN£269,000£263,000-£6,00012 Apr 202408 Nov 2024210 Days
6 Knighton Close, Romford, Greater London, RM7 9BT£250,000£237,000-£13,00016 May 202408 Nov 2024176 Days
111 George Street, Romford, Greater London, RM1 2EB£525,000£507,000-£18,00003 Sep 202407 Nov 202465 Days
37 Guardian Close, Hornchurch, Greater London, RM11 1FT£475,000£470,000-£5,00025 May 202407 Nov 2024166 Days

Most Expensive Streets in Romford

PostcodeStreetAreaAverageNo. of Sales
RM11 1NTHarrow DriveHornchurch£1,320,0004
RM2 6NBLinks AvenueRomford£1,318,0005
RM2 5NSBroadwayRomford£1,313,3333
RM2 5NTParkwayRomford£1,156,2504
RM2 5PAParkwayRomford£1,150,0003
RM11 1NXHarrow DriveHornchurch£1,149,2005
RM2 5PBReed Pond WalkRomford£1,128,7504
RM2 6NHLinks AvenueRomford£1,028,3333
RM2 6NDLinks AvenueRomford£1,000,0006
RM2 6ADSquirrels Heath AvenueRomford£978,0005

Least Expensive Streets in Romford

PostcodeStreetAreaAverageNo. of Sales
RM1 2DEMerritt HouseFrazer Close£118,07313
RM7 7JEFernleigh CourtRomford£119,0005
RM1 3LNAdmiral LodgeRomford£129,7836
RM1 3QZWatermansRomford£147,10010
RM1 1NJSouth StreetRomford£149,1254
RM3 8XRStraight RoadHarold Hill£171,3333
RM2 6EWSquirrels Heath LaneRomford£171,4287
RM3 8LXRuncorn HouseKingsbridge Circus£175,1663
RM11 2DBHaynes Park CourtSlewins Close£177,8336
RM3 8NDLangport HouseLeyburn Road£179,5003

Explore Romford and Neighbouring Area House Prices

Sell Your
House Fast
Property Auctions London
Property Auctions London
We Buy
Any House
London
Property
Buyers
House
Valuation
Tools

Selling?
Get Your FREE
House Valuation Report

Office for National Statistics & Land Registry

We Are Regulated:

Property Ombudsman
Gov.UK Money Laundering Regulations
Trading Standards Approved
National Association of Property Buyers (NAPB)
ICO Registered
NAEA PropertyMark