Key indicators for buyers
The RM6 market presents a mixed picture for buyers. Prices are rising at 17.5%, which may favour acting sooner rather than later. Affordability has improved from a peak of 15.7x in 2018 to 14.2x today. Rising rents (£1,716/mo, +4.1%) 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 Redbridge area
A home in Redbridge costs 14.2x the local median salary — very stretched, improving from a peak of 15.7x in 2018.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Redbridge area
Average monthly rent in Redbridge is £1,716, up 4.1% 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 Redbridge price of £533,875 with a 25% deposit (£133k), a 2-year fixed mortgage at 3.97% costs around £2,107 per month.
Monthly cost comparison based on current data
Uses RM6 avg. price with Redbridge rental data
Monthly mortgage payments (£2,107) are £391 more than renting (£1,716). However, buying requires an upfront deposit of £133k — it would take around 13 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
270, CHADWELL HEATH LANE RM6 4YL | Semi-detached | £273,000 | 16 Jan 2026 |
47, PRIMROSE AVENUE RM6 4PU | Terraced | £762,500 | 15 Jan 2026 |
47, ECCLESTON CRESCENT RM6 4QX | Terraced | £620,000 | 15 Jan 2026 |
14, HENLEY GARDENS RM6 6SX | Detached | £480,000 | 12 Jan 2026 |
54, GRANTHAM GARDENS, CHADWELL HEATH RM6 6HJ | Flat/Maisonette | £220,000 | 19 Dec 2025 |
20, MANSTED GARDENS RM6 4ED | Terraced | £505,000 | 19 Dec 2025 |
74, ABERCORN GARDENS RM6 4SX | Semi-detached |
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 RM6 sold for £533,875 in 2026, with a median of £550,000 across 4 transactions. Prices rose 17.5% compared to the previous year.
| £500,000 |
| 19 Dec 2025 |
78, BRIAN ROAD RM6 5BX | Terraced | £540,000 | 18 Dec 2025 |
5, LONGHAYES AVENUE RM6 5HD | Terraced | £440,000 | 18 Dec 2025 |
9, SOMERVILLE ROAD RM6 5BD | Terraced | £512,000 | 16 Dec 2025 |
95, SHEPHERDS CLOSE RM6 5AJ | Flat/Maisonette | £262,000 | 15 Dec 2025 |
25, FLORA GARDENS RM6 4BG | Terraced | £515,000 | 12 Dec 2025 |
18, BAKERY CLOSE RM6 5AN | Flat/Maisonette | £300,000 | 11 Dec 2025 |
66, GENEVA GARDENS RM6 6SL | Terraced | £490,000 | 10 Dec 2025 |
FLAT 36, JUNIPER COURT, GROVE ROAD, CHADWELL HEATH RM6 4PQ | Flat/Maisonette | £265,500 | 10 Dec 2025 |
32, OVERTON DRIVE, CHADWELL HEATH RM6 4EH | Terraced | £530,000 | 4 Dec 2025 |
40, LANGHAM DRIVE RM6 4TD | Terraced | £540,000 | 28 Nov 2025 |
24, EUSTACE ROAD RM6 6JP | Terraced | £365,000 | 27 Nov 2025 |
18, WESTFIELD GARDENS, CHADWELL HEATH RM6 4BY | Flat/Maisonette | £145,000 | 24 Nov 2025 |
3, COOMBEWOOD DRIVE RM6 6AA | Terraced | £475,000 | 21 Nov 2025 |
The most recent recorded sale in RM6 was a semi-detached property on Chadwell Heath Lane for £273,000 in January 2026. Across the last 20 sales, the median price was £490,000.