Key indicators for buyers
The RM14 market is moderately favourable for buyers. Prices have softened (-18.4%), which could present a buying opportunity. 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.
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 Havering area
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
Rental data shown for wider Havering area
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 £502,000 with a 25% deposit (£126k), a 2-year fixed mortgage at 3.97% costs around £1,981 per month.
Monthly cost comparison based on current data
Uses RM14 avg. price with Havering rental data
Monthly mortgage payments (£1,981) are £417 more than renting (£1,564). However, buying requires an upfront deposit of £126k — it would take around 14 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
15, LABURNHAM GARDENS RM14 1HU | Semi-detached | £510,000 | 26 Jan 2026 |
72, LITTLE GAYNES LANE RM14 2JD | Detached | £650,000 | 23 Jan 2026 |
5, OAK AVENUE RM14 2LB | Semi-detached | £525,000 | 21 Jan 2026 |
7, KINGS GARDENS RM14 1LA | Semi-detached | £500,000 | 16 Jan 2026 |
36, LIMERICK GARDENS RM14 1HZ | Terraced | £535,000 | 15 Jan 2026 |
12, LABURNHAM GARDENS RM14 1HU | Semi-detached | £525,000 | 14 Jan 2026 |
94, HERON WAY RM14 1EF | 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 RM14 sold for £502,000 in 2026, with a median of £517,500 across 10 transactions. Prices fell 18.4% compared to the previous year.
| £475,000 |
| 8 Jan 2026 |
2, JUDITH ANN COURT, WESTBURY TERRACE RM14 3ND | Flat/Maisonette | £295,000 | 6 Jan 2026 |
8, ARGYLE GARDENS RM14 3HJ | Semi-detached | £630,000 | 6 Jan 2026 |
FLAT 7, HAVERBRIDGE COURT, 1A, ST MARY'S LANE RM14 2QW | Flat/Maisonette | £375,000 | 5 Jan 2026 |
HARWOOD HALL, HARWOOD HALL LANE RM14 2YG | Other | £142,465 | 31 Dec 2025 |
1, MEADOWSIDE ROAD RM14 3YT | Semi-detached | £610,000 | 19 Dec 2025 |
154, MARLBOROUGH GARDENS RM14 1SR | Flat/Maisonette | £325,000 | 18 Dec 2025 |
12, CHURCH LANE, BULPHAN RM14 3TU | Detached | £675,000 | 18 Dec 2025 |
22, HORNBEAM AVENUE RM14 2NH | Semi-detached | £498,000 | 17 Dec 2025 |
9, EVERSLEIGH GARDENS RM14 1DP | Terraced | £570,000 | 16 Dec 2025 |
FLAT 21, MILLSTONE HOUSE, 80, ST MARY'S LANE RM14 2QH | Flat/Maisonette | £440,000 | 16 Dec 2025 |
1, CASTLE COTTAGES, OCKENDON ROAD RM14 3PS | Semi-detached | £490,000 | 12 Dec 2025 |
28, SPENSER CRESCENT RM14 1AW | Semi-detached | £550,000 | 10 Dec 2025 |
50, FAIRFIELD AVENUE RM14 3AY | Semi-detached | £835,000 | 10 Dec 2025 |
The most recent recorded sale in RM14 was a semi-detached property on Laburnham Gardens for £510,000 in January 2026. Across the last 20 sales, the median price was £525,000.