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Hornchurch House Prices Hornchurch House Prices

The average house price in Hornchurch is £421,822 using HM Land Registry data.

The average property price increased by £90,126 (25.37%) over the last 5 years and increased by £18,013 (4.22%) over the last 12 months.

Over the last year, there were 502 residential property sales – a decrease of 220 transactions (-43.82%) relative to the previous year. The majority of house sales (139) were in the £396,000 - £464,000 range. Then came properties in the £464,000 - £532,000 range, where 97 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 89 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-13,159 (-1%).

In April 2024, there were 100 new estate agency instructions, 74 agreed home sales and 46 property price reductions.

Neighbouring Areas: Havering, Barking, Dagenham, Romford

Postcodes Covered: RM10, RM11, RM12, RM13, RM14, RM9

5-Year Average Property Prices in Hornchurch

25.37%

Property prices in Hornchurch increased by 25.37% 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 Hornchurch Over the Last Year

4.22%

Property prices in Hornchurch increased by 4.22% 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.

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).

Property Market Heat Gauge for Hornchurch - 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 Hornchurch

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 Hornchurch

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 Hornchurch

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 Hornchurch since 1995

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

Recent Property Sales in Hornchurch

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
126 Abbs Cross Gardens, Hornchurch, Greater London, RM12 4XA£165,000£160,000-£5,00031 Jul 202315 Dec 2023137 Days
1 Ron Todd Close, Dagenham, Greater London, RM10 9PN£290,000£290,000£0006 Dec 202212 Dec 2023371 Days
18 Chelmsford Drive, Upminster, Greater London, RM14 2PB£425,000£402,632-£22,36820 Sep 202312 Dec 202383 Days
16 Central Drive, Hornchurch, Greater London, RM12 6AP£475,000£475,000£0028 Jun 202330 Nov 2023155 Days
87 Westland Avenue, Hornchurch, Greater London, RM11 3SB£425,000£402,500-£22,50004 Jul 202317 Nov 2023136 Days
Flat 80, Goldsmere Court, Fentiman Way, Hornchurch, Greater London, RM11 3XY£156,000£85,000-£71,00020 Jul 202231 Oct 2023468 Days
4 Ravenscourt Drive, Hornchurch, Greater London, RM12 6HL£650,000£650,000£0003 Aug 202331 Oct 202389 Days
45 Jersey Road, Rainham, Greater London, RM13 7DR£450,000£425,000-£25,00013 Sep 202227 Oct 2023409 Days
6 Rye Close, Hornchurch, Greater London, RM12 6SE£500,000£480,000-£20,00027 Jul 202323 Oct 202388 Days
2 Langdale Gardens, Hornchurch, Greater London, RM12 5LA£475,000£475,000£0028 Apr 202320 Oct 2023175 Days
24 Laburnum Walk, Elm Park, Hornchurch, Greater London, RM12 5RL£450,000£425,000-£25,00013 Jul 202312 Oct 202391 Days
1 Herold Close, Rainham, Greater London, RM13 7BE£500,000£500,000£0009 May 202312 Oct 2023156 Days
5 Harvard Walk, Hornchurch, Greater London, RM12 4BB£400,000£390,000-£10,00021 Mar 202302 Oct 2023195 Days
4 Evansdale, Rainham, Greater London, RM13 8JR£310,000£305,000-£5,00024 Apr 202302 Oct 2023161 Days
33 Lambourne Gardens, Hornchurch, Greater London, RM12 4LJ£500,000£490,000-£10,00027 Feb 202329 Sep 2023214 Days
72 Benhurst Avenue, Hornchurch, Greater London, RM12 4QT£500,000£480,000-£20,00027 Feb 202329 Sep 2023214 Days
250 Osborne Road, Hornchurch, Greater London, RM11 1HR£550,000£540,000-£10,00019 Nov 202225 Sep 2023310 Days
14 Plumpton Avenue, Hornchurch, Greater London, RM12 6BE£500,000£490,000-£10,00012 Jun 202322 Sep 2023102 Days
11 Elmer Gardens, Rainham, Greater London, RM13 7BS£500,000£475,000-£25,00028 Jun 202322 Sep 202386 Days
5 Rosebank Avenue, Hornchurch, Greater London, RM12 5QX£550,000£536,000-£14,00007 Jun 202319 Sep 2023104 Days

Most Expensive Streets in Hornchurch

PostcodeStreetAreaAverageNo. of Sales
RM12 6EXMavis GroveHornchurch£880,0001
RM12 6HAMill Park AvenueHornchurch£872,5002
RM11 3SSBellevue RoadHornchurch£775,0001
RM11 1XHEmerson DriveHornchurch£732,5002
RM11 1SQBonnett MewsHornchurch£716,2502
RM12 4XBWhite GatesHornchurch£715,0001
RM12 6HSRavenscourt GroveHornchurch£705,0003
RM12 6HDMill Park AvenueHornchurch£698,04511
RM14 2RXGranton AvenueUpminster£693,3333
RM11 1XRKeswick AvenueHornchurch£691,0007

Least Expensive Streets in Hornchurch

PostcodeStreetAreaAverageNo. of Sales
RM13 8GWBroadis WayRainham£88,7501
RM13 8GYGreengage CourtBroadis Way£90,7502
RM13 7PPMungo Park RoadRainham£101,5002
RM13 8JGBlueberry CourtHolmeoak Avenue£109,32212
RM13 8JYBlueberry CourtBroadis Way£114,92318
RM12 4YWParkview HouseSunrise Avenue£121,6701
RM13 8JNBlueberry CourtLowen Road£137,2502
RM13 7AZKelly CourtCourtyard Mews£137,8005
RM12 4RSBroadway ParadeHornchurch£140,0001
RM12 4SAElm Parade ShopsElm Park£145,0001

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