Key indicators for buyers
The RM20 market is moderately favourable for buyers. Prices have softened (-50.4%), which could present a buying opportunity. Affordability has improved from a peak of 10.4x in 2021 to 8.7x today. Rising rents (£1,341/mo, +6.7%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2025averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Thurrock area
A home in Thurrock costs 8.7x the local median salary — stretched, improving from a peak of 10.4x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Thurrock area
Average monthly rent in Thurrock is £1,341, up 6.7% 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 Thurrock price of £415,535 with a 25% deposit (£104k), a 2-year fixed mortgage at 3.97% costs around £1,640 per month.
Monthly cost comparison based on current data
Uses RM20 avg. price with Thurrock rental data
Monthly mortgage payments (£1,640) are £299 more than renting (£1,341). However, buying requires an upfront deposit of £104k — 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 |
|---|---|---|---|
38, DOVESTONE CLOSE, WEST THURROCK RM20 3DG | Terraced | £380,000 | 22 Dec 2025 |
48, MOORE AVENUE RM20 4XW | Semi-detached | £400,000 | 18 Dec 2025 |
SPECTRUM VEHICLE REPAIRS, SANDY LANE, WEST THURROCK RM20 4BH | Other | £1,862,213 | 18 Dec 2025 |
146, BUTTERMERE WAY, WEST THURROCK RM20 3DD | Flat/Maisonette | £236,000 | 12 Dec 2025 |
14, THE CHASE, WEST THURROCK RM20 4BF | Flat/Maisonette | £206,000 | 12 Dec 2025 |
12, CHAPEL CLOSE RM20 3JG | Flat/Maisonette | £88,000 | 3 Dec 2025 |
3, GUMLEY CLOSE RM20 4BQ |
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 RM20 sold for £415,535 in 2025, with a median of £298,500 across 102 transactions. Prices fell 50.4% compared to the previous year.
| Terraced |
| £340,000 |
| 28 Nov 2025 |
3, THE ROOKERY RM20 3HB | Semi-detached | £425,000 | 28 Nov 2025 |
649, LONDON ROAD RM20 3HD | Terraced | £307,000 | 12 Nov 2025 |
18, SOUTH VIEW ROAD RM20 4AT | Terraced | £335,000 | 7 Nov 2025 |
27, FLINT STREET RM20 3HA | Terraced | £245,000 | 4 Nov 2025 |
98, DOVESTONE CLOSE, WEST THURROCK RM20 3DG | Flat/Maisonette | £290,000 | 3 Nov 2025 |
28, HAYES CLOSE RM20 4AX | Flat/Maisonette | £120,000 | 24 Oct 2025 |
163, PALMERSTON ROAD RM20 4YL | Terraced | £297,000 | 22 Oct 2025 |
8, EAST STREET, SOUTH STIFFORD RM20 4XJ | Terraced | £137,000 | 7 Oct 2025 |
196, PARSONAGE ROAD RM20 4AW | Flat/Maisonette | £108,000 | 6 Oct 2025 |
20, SOUTH VIEW ROAD RM20 4AT | Terraced | £347,000 | 30 Sept 2025 |
38, CHARLOTTE PLACE RM20 3JF | Terraced | £295,000 | 30 Sept 2025 |
26, HILLCREST AVENUE RM20 3DA | Semi-detached | £345,000 | 26 Sept 2025 |
43, DOVESTONE CLOSE, WEST THURROCK RM20 3DF | Flat/Maisonette | £303,000 | 16 Sept 2025 |
The most recent recorded sale in RM20 was a terraced property on Dovestone Close for £380,000 in December 2025. Across the last 20 sales, the median price was £303,000.