14,985 recorded transactions · Part of Barking and Dagenham
Compare with another area →Key indicators for buyers
The RM8 market is moderately favourable for buyers. Prices have softened (-7.5%), which could present a buying opportunity. Affordability has improved from a peak of 11.5x in 2022 to 9.5x today. Rising rents (£1,684/mo, +9.0%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Barking and Dagenham area
A home in Barking and Dagenham costs 9.5x the local median salary — stretched, improving from a peak of 11.5x in 2022.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Barking and Dagenham area
Average monthly rent in Barking and Dagenham is £1,684, up 9.0% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Barking and Dagenham price of £340,000 with a 25% deposit (£85k), a 2-year fixed mortgage at 3.97% costs around £1,342 per month.
Monthly cost comparison based on current data
Uses RM8 avg. price with Barking and Dagenham rental data
Monthly mortgage payments (£1,342) are £342 less than renting (£1,684). However, buying requires an upfront deposit of £85k — it would take around 6 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
587, BECONTREE AVENUE RM8 3HP | Terraced | £350,000 | 23 Jan 2026 |
98, BABINGTON ROAD RM8 2XR | Terraced | £380,000 | 15 Jan 2026 |
FLAT 303, EXETER HOUSE, 41, ACADEMY WAY RM8 2FP | Flat/Maisonette | £265,000 | 14 Jan 2026 |
347A, BECONTREE AVENUE RM8 2UU | Flat/Maisonette | £245,000 | 14 Jan 2026 |
FLAT 28, ANGLIA COURT, SPRING CLOSE RM8 1SW | Flat/Maisonette | £90,000 | 12 Jan 2026 |
39, CORNSHAW ROAD RM8 1SS | Terraced | £415,000 | 9 Jan 2026 |
18, STANLEY AVENUE RM8 1JB | Terraced |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in RM8 sold for £340,000 in 2026, with a median of £365,000 across 8 transactions. Prices fell 7.5% compared to the previous year.
| £465,000 |
| 8 Jan 2026 |
874, GREEN LANE RM8 1BX | Terraced | £510,000 | 5 Jan 2026 |
133, MAYFIELD ROAD RM8 1XL | Semi-detached | £448,000 | 19 Dec 2025 |
233, GRAFTON ROAD RM8 1QP | Terraced | £367,500 | 19 Dec 2025 |
20, WARRINGTON ROAD RM8 3JH | Semi-detached | £447,500 | 19 Dec 2025 |
FLAT 22, ANGLIA COURT, SPRING CLOSE RM8 1SW | Flat/Maisonette | £120,000 | 18 Dec 2025 |
FLAT 201, OXFORD HOUSE, 2, DEAN PATH RM8 2FA | Flat/Maisonette | £205,000 | 18 Dec 2025 |
247, BONHAM ROAD RM8 3BP | Terraced | £380,000 | 17 Dec 2025 |
13, STANHOPE GARDENS RM8 3DL | Terraced | £365,000 | 16 Dec 2025 |
51, LINDSEY ROAD RM8 2RH | Semi-detached | £463,000 | 15 Dec 2025 |
118, STEVENS ROAD RM8 2QL | Semi-detached | £459,000 | 12 Dec 2025 |
23, WALDEGRAVE ROAD RM8 2QD | Terraced | £435,000 | 8 Dec 2025 |
5, MARLBOROUGH ROAD RM8 2HU | Terraced | £385,000 | 8 Dec 2025 |
76, STANLEY AVENUE RM8 1JJ | Terraced | £460,000 | 5 Dec 2025 |
The most recent recorded sale in RM8 was a terraced property on Becontree Avenue for £350,000 in January 2026. Across the last 20 sales, the median price was £385,000.