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Romford House Prices

The average house price in Romford is £469,694 using HM Land Registry data.

The average property price increased by £68,507 (16.97%) over the last 5 years and increased by £13,726 (2.99%) over the last 12 months.

Over the last year, there were 854 residential property sales – a decrease of 193 transactions (-22.60%) relative to the previous year. The majority of house sales (245) were in the £412,000 - £498,000 range. Then came properties in the £326,000 - £412,000 range, where 139 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 225 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-13,654 (-2%).

In February 2025, there were 192 new estate agency instructions, 158 agreed home sales and 85 property price reductions.

5-Year Average Property Prices in Romford

16.97%

Property prices in Romford increased by 16.97% 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 Romford Over the Last Year

2.99%

Property prices in Romford increased by 2.99% 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 Romford - February 2025

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 Romford

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 Romford

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 Romford

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 Romford since 1995

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

Recent Property Sales in Romford

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
109 Harwood Avenue, Hornchurch, Greater London, RM11 2NZ	£450,000	£437,500	-£12,500	09 May 2024	29 Jan 2025	265 Days
5 Hyland Close, Hornchurch, Greater London, RM11 1DX	£600,000	£575,000	-£25,000	02 Jul 2024	27 Jan 2025	209 Days
78 Princes Road, Romford, Greater London, RM1 2SP	£625,000	£585,000	-£40,000	04 Jun 2024	17 Jan 2025	227 Days
28 Palm Road, Romford, Greater London, RM7 7AR	£500,000	£492,000	-£8,000	15 Feb 2024	17 Jan 2025	337 Days
56 Cedar Road, Romford, Greater London, RM7 7JT	£475,000	£475,000	£0	17 Jun 2024	17 Jan 2025	214 Days
31 Hyland Way, Hornchurch, Greater London, RM11 1DN	£600,000	£600,000	£0	09 Apr 2024	14 Jan 2025	280 Days
62 Macdonald Avenue, Hornchurch, Greater London, RM11 2NE	£450,000	£450,000	£0	07 Mar 2024	13 Jan 2025	312 Days
69 Balgores Lane, Romford, Greater London, RM2 5JX	£625,000	£620,000	-£5,000	02 Oct 2024	13 Jan 2025	103 Days
23a, Squirrels Heath Lane, Romford, Greater London, RM2 6DP	£180,000	£142,500	-£37,500	23 Jul 2024	09 Jan 2025	170 Days
22 Shenstone Gardens, Romford, Greater London, RM3 7NU	£345,000	£330,000	-£15,000	12 Aug 2024	07 Jan 2025	148 Days
1 Coleridge Road, Romford, Greater London, RM3 7BD	£575,000	£560,000	-£15,000	23 Jul 2024	03 Jan 2025	164 Days
15 Dunton Road, Romford, Greater London, RM1 4AH	£260,000	£252,000	-£8,000	20 Jun 2024	20 Dec 2024	183 Days
4 Cheviot Road, Hornchurch, Greater London, RM11 1LP	£575,000	£550,000	-£25,000	17 Sep 2024	19 Dec 2024	93 Days
122 Carlton Road, Gidea Park, Romford, Greater London, RM2 5BD	£475,000	£450,000	-£25,000	30 Oct 2023	19 Dec 2024	416 Days
123 Parkside Avenue, Romford, Greater London, RM1 4NB	£350,000	£350,000	£0	20 Aug 2024	18 Dec 2024	120 Days
40 Parkside Avenue, Romford, Greater London, RM1 4ND	£450,000	£448,000	-£2,000	15 Jul 2024	18 Dec 2024	156 Days
17 Bancroft Chase, Hornchurch, Greater London, RM12 4DP	£400,000	£395,000	-£5,000	07 Oct 2024	18 Dec 2024	72 Days
29 Portnoi Close, Romford, Greater London, RM1 4AP	£350,000	£350,000	£0	30 Aug 2024	17 Dec 2024	109 Days
85 Cambridge Avenue, Romford, Greater London, RM2 6QX	£550,000	£550,000	£0	18 Sep 2024	16 Dec 2024	89 Days
70 Heather Way, Romford, Greater London, RM1 4TA	£475,000	£455,000	-£20,000	09 Oct 2024	13 Dec 2024	65 Days

Most Expensive Streets in Romford

Postcode	Street	Area	Average	No. of Sales
RM11 1NT	Harrow Drive	Hornchurch	£1,320,000	4
RM2 6NB	Links Avenue	Romford	£1,318,000	5
RM2 5NS	Broadway	Romford	£1,313,333	3
RM2 5NT	Parkway	Romford	£1,156,250	4
RM2 5PA	Parkway	Romford	£1,150,000	3
RM11 1NX	Harrow Drive	Hornchurch	£1,149,200	5
RM2 5PB	Reed Pond Walk	Romford	£1,128,750	4
RM2 6ND	Links Avenue	Romford	£1,000,000	6
RM2 6AD	Squirrels Heath Avenue	Romford	£978,000	5
RM2 6EJ	Castellan Avenue	Romford	£970,000	3

Least Expensive Streets in Romford

Postcode	Street	Area	Average	No. of Sales
RM1 2DE	Merritt House	Frazer Close	£117,079	12
RM7 7JE	Fernleigh Court	Romford	£119,000	5
RM1 3LN	Admiral Lodge	Romford	£129,783	6
RM1 3QZ	Watermans	Romford	£147,100	10
RM1 1NJ	South Street	Romford	£149,125	4
RM3 8XR	Straight Road	Harold Hill	£171,333	3
RM2 6EW	Squirrels Heath Lane	Romford	£171,428	7
RM3 8LX	Runcorn House	Kingsbridge Circus	£175,166	3
RM11 2DB	Haynes Park Court	Slewins Close	£177,833	6
RM3 8ND	Langport House	Leyburn Road	£179,500	3