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House Prices in RM14

The average house price in RM14 (Upminster) is £601,098 using HM Land Registry data.

The average property price increased by £95,319 (19.59%) over the last 5 years and increased by £19,050 (3.09%) over the last 12 months.

Over the last year, there were 273 residential property sales – a decrease of 132 transactions (-48.35%) relative to the previous year. The majority of house sales (63) were in the £414,000 - £528,000 range. Then came properties in the £528,000 - £642,000 range, where 56 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 92 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-16,489 (-2%).

In April 2024, there were 63 new estate agency instructions, 50 agreed home sales and 25 property price reductions.

5-Year Average Property Prices in RM14 (Upminster)

19.59%

Property prices in Upminster increased by 19.59% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in RM14 (Upminster) Over the Last Year

3.09%

Property prices in Upminster increased by 3.09% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for RM14 (Upminster) - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in RM14 (Upminster)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in RM14 (Upminster)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in RM14 (Upminster)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the RM14 (Upminster) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the RM14 postcode area since 1995.

Recent Sales in RM14 (Upminster)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
13 Laburnham Gardens, Upminster, Greater London, RM14 1HU	£465,000	£460,000	-£5,000	28 Feb 2023	13 Jul 2023	135 Days
34 Humber Drive, Upminster, Greater London, RM14 1PU	£525,000	£525,000	£00	28 Feb 2023	03 Jul 2023	125 Days
1 Latham Place, Upminster, Greater London, RM14 1DU	£2,500,000	£2,450,000	-£50,000	21 Apr 2023	30 Jun 2023	70 Days
19 Clarence Avenue, Upminster, Greater London, RM14 2RL	£475,000	£465,000	-£10,000	23 Jan 2023	23 Jun 2023	151 Days
15 Laburnham Gardens, Upminster, Greater London, RM14 1HU	£425,000	£425,000	£00	03 Feb 2023	23 Jun 2023	140 Days
34 The Grove, Upminster, Greater London, RM14 2ET	£925,000	£910,000	-£15,000	25 Jan 2023	22 Jun 2023	148 Days
15 Westbury Terrace, Upminster, Greater London, RM14 3LU	£525,000	£520,000	-£5,000	23 Feb 2023	16 Jun 2023	113 Days
16 Lime Avenue, Upminster, Greater London, RM14 2HY	£700,000	£667,850	-£32,150	15 Aug 2022	16 Jun 2023	305 Days
36 Southview Drive, Upminster, Greater London, RM14 2LA	£825,000	£820,000	-£5,000	30 Jan 2023	14 Jun 2023	135 Days
70 Macon Way, Upminster, Greater London, RM14 1NY	£300,000	£300,000	£00	10 Jan 2023	14 Jun 2023	155 Days
2 Fairfield Avenue, Upminster, Greater London, RM14 3AY	£845,000	£825,000	-£20,000	23 May 2023	12 Jun 2023	20 Days
2 Roseberry Gardens, Upminster, Greater London, RM14 1NP	£395,995	£380,000	-£15,995	20 Feb 2023	09 Jun 2023	109 Days
88 Macon Way, Upminster, Greater London, RM14 1NY	£320,000	£306,500	-£13,500	09 Jan 2023	09 Jun 2023	151 Days
19 Cornsland Close, Upminster, Greater London, RM14 1TQ	£375,000	£340,000	-£35,000	01 Dec 2022	06 Jun 2023	187 Days
21 Sycamore Avenue, Upminster, Greater London, RM14 2HR	£899,995	£890,000	-£9,995	12 Jan 2023	05 Jun 2023	144 Days
44 Claremont Gardens, Upminster, Greater London, RM14 1DN	£980,000	£850,000	-£130,000	21 Nov 2022	02 Jun 2023	193 Days
217 Front Lane, Upminster, Greater London, RM14 1LD	£170,000	£168,000	-£2,000	17 May 2023	26 May 2023	9 Days
6 Foxhall Road, Upminster, Greater London, RM14 2DD	£680,000	£678,000	-£2,000	21 Feb 2023	26 May 2023	94 Days
33 Southview Drive, Upminster, Greater London, RM14 2LL	£775,000	£755,000	-£20,000	04 Oct 2022	17 May 2023	225 Days
23 St Mary's Lane, Upminster, Greater London, RM14 2QU	£300,000	£280,000	-£20,000	30 Jan 2023	12 May 2023	102 Days

Most Expensive Streets in RM14 (Upminster)

Postcode	Street	Area	Average	No. of Sales
RM14 3BJ	Bonham Grange, Church Road	Upminster	£1,540,250	14
RM14 1UR	Waldegrave Gardens	Upminster	£1,400,000	3
RM14 1BT	Holden Way	Upminster	£1,333,994	3
RM14 1AF	Hall Lane	Upminster	£1,290,000	6
RM14 1AQ	Hall Lane	Upminster	£1,212,000	5
RM14 1BP	Holden Way	Upminster	£1,186,750	4
RM14 2EU	Parkland Avenue	Upminster	£1,118,500	5
RM14 1AG	Hall Lane	Upminster	£1,106,666	3
RM14 3BN	Fen Gate, Bulphan	Upminster	£1,079,200	5
RM14 1DL	Grosvenor Gardens	Upminster	£1,073,750	4

Least Expensive Streets in RM14 (Upminster)

Postcode	Street	Area	Average	No. of Sales
RM14 1LD	Front Lane	Upminster	£215,700	5
RM14 1NZ	Macon Way	Upminster	£239,248	4
RM14 2YR	Carlton Close	Upminster	£251,500	4
RM14 2UB	Station Road	Upminster	£260,666	3
RM14 1LY	Waycross Road	Upminster	£262,249	4
RM14 1NW	Roseberry Gardens	Upminster	£263,999	5
RM14 1RU	Avon Court, Avon Road	Upminster	£275,650	10
RM14 1LP	Briarleas Gardens	Upminster	£276,769	13
RM14 2QA	Tyrells Close	Upminster	£284,333	3
RM14 1UP	Huskards	Upminster	£292,184	19