Key indicators for buyers
The Havering market is moderately favourable for buyers. Affordability has improved from a peak of 12.9x in 2022 to 11.0x today. Rising rents (£1,564/mo, +6.6%) mean the cost of waiting is real.
Average sale prices · HM Land Registry / UK HPI
House price ÷ median earnings · ONS data
A home in Havering costs 11.0x the local median salary — very stretched, improving from a peak of 12.9x in 2022.
Average monthly rent · ONS Private Rental Index
Average monthly rent in Havering is £1,564, up 6.6% 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 Havering price of £447,868 with a 25% deposit (£112k), a 2-year fixed mortgage at 3.97% costs around £1,767 per month.
Monthly cost comparison based on current data
Monthly mortgage payments (£1,767) are £203 more than renting (£1,564). However, buying requires an upfront deposit of £112k — it would take around 11 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
64, LOWSHOE LANE RM5 2AP | Semi-detached | £565,000 | 27 Jan 2026 |
FLAT 24, COBURN HOUSE, 1, FAIRMONT ROAD RM13 8RZ | Flat/Maisonette | £345,000 | 26 Jan 2026 |
15, LABURNHAM GARDENS RM14 1HU | Semi-detached | £510,000 | 26 Jan 2026 |
3, FIRHAM PARK AVENUE RM3 0SJ | Terraced | £465,000 | 23 Jan 2026 |
64, AMERY GARDENS RM2 6RU | Terraced | £520,000 | 23 Jan 2026 |
16, WOODLANDS ROAD RM1 4HD | Terraced | £545,000 | 23 Jan 2026 |
305, UPMINSTER ROAD NORTH RM13 9JL | Semi-detached |
9postcode districts · Click for detailed prices
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 Havering sells for £447,868, up 2.9% over the past year. Prices have grown from around £69k in the mid-1990s.
| £560,000 |
| 23 Jan 2026 |
540, SOUTH END ROAD RM12 5UB | Terraced | £460,000 | 23 Jan 2026 |
72, LITTLE GAYNES LANE RM14 2JD | Detached | £650,000 | 23 Jan 2026 |
54, MAYLANDS AVENUE RM12 5BB | Terraced | £460,000 | 22 Jan 2026 |
81, HEDINGHAM ROAD RM11 3QH | Semi-detached | £540,000 | 22 Jan 2026 |
FLAT 1, BUTTERCUP HOUSE, 1, BRICK KILN ROAD RM3 7GH | Flat/Maisonette | £260,000 | 22 Jan 2026 |
5, OAK AVENUE RM14 2LB | Semi-detached | £525,000 | 21 Jan 2026 |
24, GLEBE ROAD RM13 9LH | Terraced | £483,000 | 21 Jan 2026 |
3, GLENTON CLOSE RM1 4AN | Terraced | £390,000 | 20 Jan 2026 |
76, HIGHFIELD ROAD RM5 3SA | Semi-detached | £460,000 | 20 Jan 2026 |
11, BRETONS COTTAGES, RAINHAM ROAD RM13 7LL | Semi-detached | £555,000 | 19 Jan 2026 |
27, DRUMMOND ROAD RM7 7EJ | Semi-detached | £470,000 | 19 Jan 2026 |
39, WESTMORELAND AVENUE RM11 2EJ | Detached | £995,000 | 19 Jan 2026 |
127, HILLRISE ROAD RM5 3BN | Terraced | £340,000 | 19 Jan 2026 |
The most recent recorded sale in Havering was a semi-detached property on Lowshoe Lane for £565,000 in January 2026. Across the last 20 sales, the median price was £510,000.