House Prices in RM4 House Prices in RM4 (Romford)

The average house price in RM4 (Romford) is £510,500 using HM Land Registry data.

The average property price increased by £109,940 (32.11%) over the last 5 years and increased by £22,028 (4.65%) over the last 12 months.

Over the last year, there were 32 residential property sales – a decrease of 14 transactions (-43.75%) relative to the previous year. The majority of house sales (9) were in the £330,000 - £504,000 range. Then came properties in the £678,000 - £852,000 range, where 7 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 171 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-40,038 (-4%).

In February 2025, there were 16 new estate agency instructions, 10 agreed home sales and 5 property price reductions.

5-Year Average Property Prices in RM4 (Romford)

32.11%

Property prices in RM4 (Romford) increased by 32.11% 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 RM4 (Romford) Over the Last Year

4.65%

Property prices in RM4 (Romford) increased by 4.65% 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 RM4 (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 RM4 (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 RM4 (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 RM4 (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 RM4 (Romford) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the RM4 postcode area since 1995.

Recent Sales in RM4 (Romford)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
28 Alderwood Drive, Abridge, Romford, Essex, RM4 1DJ£715,000£710,000-£5,00011 Jun 202414 Jan 2025217 Days
8 London Road, Abridge, Romford, Essex, RM4 1UX£869,000£860,000-£9,00019 Mar 202431 Jul 2024134 Days
6 Alderwood Drive, Abridge, Romford, Essex, RM4 1DP£500,000£487,500-£12,50015 Aug 202321 Jun 2024311 Days
2 Knights Walk, Abridge, Romford, Essex, RM4 1DR£470,000£470,000£010 Oct 202311 Apr 2024184 Days
15 Orchid Close, Abridge, Romford, Essex, RM4 1DF£220,000£220,000£026 Sep 202305 Feb 2024132 Days
7 Ongar Road, Abridge, Romford, Essex, RM4 1UB£800,000£735,000-£65,00011 Oct 202301 Feb 2024113 Days
94 Hoe Lane, Abridge, Romford, Essex, RM4 1AU£2,500,000£2,300,000-£200,00009 Sep 202301 Feb 2024145 Days
Glendale, Orange Tree Hill, Havering-atte-bower, Romford, Greater London, RM4 1PB£500,000£330,000-£170,00031 Aug 202208 Dec 2023464 Days
The White Lodge, Orange Tree Hill, Havering-atte-bower, Romford, Greater London, RM4 1PJ£675,000£643,000-£32,00023 Feb 202305 Oct 2023224 Days
9 Field Close, Abridge, Romford, Essex, RM4 1DL£535,000£500,000-£35,00031 May 202318 Sep 2023110 Days
17 Field Close, Abridge, Romford, Essex, RM4 1DL£650,000£630,000-£20,00025 Apr 202325 Aug 2023122 Days
94 Ongar Road, Abridge, Romford, Essex, RM4 1UL£1,200,000£1,115,000-£85,00026 Apr 202324 Aug 2023120 Days
Dalmally, North Road, Havering-atte-bower, Romford, Greater London, RM4 1PX£600,000£600,000£019 Apr 202328 Jul 2023100 Days
65 London Road, Abridge, Romford, Essex, RM4 1XH£650,000£610,000-£40,00003 Nov 202214 Jul 2023253 Days
88 London Road, Abridge, Romford, Essex, RM4 1XP£935,000£913,000-£22,00011 Nov 202222 Jun 2023223 Days
Green Farm South, Albyns Lane, Stapleford Tawney, Romford, Essex, RM4 1RX£1,100,000£920,000-£180,00007 Sep 202207 Jun 2023273 Days
The Oaks, Broxhill Road, Havering-atte-bower, Romford, Greater London, RM4 1QJ£1,200,000£700,000-£500,00014 Sep 202118 Mar 2023550 Days
12 Orchid Close, Abridge, Romford, Essex, RM4 1DF£225,000£215,000-£10,00012 Jul 202206 Jan 2023178 Days
Colyton, Tysea Hill, Stapleford Abbotts, Romford, Essex, RM4 1JP£725,000£700,000-£25,00027 Jun 202230 Nov 2022156 Days
10 Knights Walk, Abridge, Romford, Essex, RM4 1DR£500,000£495,000-£5,00028 Apr 202227 Sep 2022152 Days

Most Expensive Streets in RM4 (Romford)

PostcodeStreetAreaAverageNo. of Sales
RM4 1AUHoe Lane, AbridgeRomford£1,862,5004
RM4 1PEKiln Wood Lane, Havering-atte-bowerRomford£1,105,0003
RM4 1EHOak Hill Road, Stapleford AbbottsRomford£1,035,0003
RM4 1EJStapleford Road, Stapleford AbbottsRomford£997,5003
RM4 1HGThe Paddocks, Stapleford AbbottsRomford£985,4166
RM4 1LTBournebridge Lane, Stapleford AbbottsRomford£937,65010
RM4 1JLAbbotts Way, Stapleford AbbottsRomford£870,62510
RM4 1JJOak Hill Road, Stapleford AbbottsRomford£841,0005
RM4 1PLThe Green, Havering-atte-bowerRomford£791,6663
RM4 1NPHoe Lane, Lambourne EndRomford£765,0003

Least Expensive Streets in RM4 (Romford)

PostcodeStreetAreaAverageNo. of Sales
RM4 1DFOrchid Close, AbridgeRomford£218,1427
RM4 1UEThe Chestnuts, AbridgeRomford£317,3333
RM4 1PPFairlight Villas, Havering-atte-bowerRomford£351,1427
RM4 1DHAlderwood Close, AbridgeRomford£379,0005
RM4 1PARowland Walk, Havering-atte-bowerRomford£397,3333
RM4 1UAMarket Place, AbridgeRomford£401,00010
RM4 1BAAbridge Mews, AbridgeRomford£439,1663
RM4 1DPAlderwood Drive, AbridgeRomford£469,3754
RM4 1BXPancroft, AbridgeRomford£472,8005
RM4 1BBThe Poplars, AbridgeRomford£480,3128

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