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Purfleet-on-Thames House Prices Purfleet-on-Thames House Prices

The average house price in Purfleet-on-Thames is £300,000 using HM Land Registry data.

The average property price increased by £41,907 (19.75%) over the last 5 years and increased by £8,375 (3.41%) over the last 12 months.

Over the last year, there were 51 residential property sales – a decrease of 19 transactions (-37.25%) relative to the previous year. The majority of house sales (15) were in the £228,000 - £262,000 range. Then came properties in the £296,000 - £330,000 range, where 8 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,045 (-3%).

In April 2024, there were 12 new estate agency instructions, 6 agreed home sales and 4 property price reductions.

Neighbouring Areas: Chafford Hundred and West Thurrock, Aveley

Postcodes Covered: RM19, RM20

5-Year Average Property Prices in Purfleet-on-Thames

19.75%

Property prices in Purfleet-on-Thames increased by 19.75% 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 Purfleet-on-Thames Over the Last Year

3.41%

Property prices in Purfleet-on-Thames increased by 3.41% 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 Purfleet-on-Thames - 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 Purfleet-on-Thames

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 Purfleet-on-Thames

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 Purfleet-on-Thames

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 Purfleet-on-Thames since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Purfleet-on-Thames area since 1995.

Recent Property Sales in Purfleet-on-Thames

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
45 Church Hollow, Purfleet-on-thames, Thurrock, RM19 1QJ£300,000£300,000£0009 Mar 202318 Dec 2023284 Days
Flat 13, Branstone Court, Linnet Way, Purfleet-on-thames, Thurrock, RM19 1TF£130,000£115,000-£15,00017 May 202310 Nov 2023177 Days
69 Harrisons Wharf, Purfleet-on-thames, Thurrock, RM19 1QX£240,000£230,000-£10,00016 Jan 202327 Oct 2023284 Days
98 Caspian Way, Purfleet-on-thames, Thurrock, RM19 1LE£230,000£224,000-£6,00018 Aug 202327 Oct 202370 Days
178 Caspian Way, Purfleet-on-thames, Thurrock, RM19 1LF£425,000£420,000-£5,00006 May 202320 Oct 2023167 Days
20 Thamley, Purfleet-on-thames, Thurrock, RM19 1GB£325,000£320,000-£5,00008 Jun 202322 Sep 2023106 Days
40 Windermere Avenue, Purfleet-on-thames, Thurrock, RM19 1RD£220,000£220,000£0022 Feb 202305 Sep 2023195 Days
178 Water Lane, Purfleet-on-thames, Thurrock, RM19 1GX£260,000£260,000£0016 Mar 202325 Aug 2023162 Days
82 Windermere Avenue, Purfleet-on-thames, Thurrock, RM19 1RH£220,000£214,000-£6,00024 Apr 202325 Aug 2023123 Days
129 Kendal, Purfleet-on-thames, Thurrock, RM19 1LL£230,000£230,000£0017 Apr 202318 Aug 2023123 Days
124 Kendal, Purfleet-on-thames, Thurrock, RM19 1LL£190,000£185,000-£5,00028 Feb 202318 Jul 2023140 Days
76 Harrisons Wharf, Purfleet-on-thames, Thurrock, RM19 1QX£325,000£320,000-£5,00003 Apr 202329 Jun 202387 Days
66 Coniston Avenue, Purfleet-on-thames, Thurrock, RM19 1PR£230,000£230,000£0005 Dec 202216 Jun 2023193 Days
Flat 14, Kyrkly Court, Linnet Way, Purfleet-on-thames, Thurrock, RM19 1NP£155,000£153,000-£2,00028 Nov 201606 Jun 20232381 Days
22 Thamley, Purfleet-on-thames, Thurrock, RM19 1GB£300,000£280,000-£20,00027 Jan 202324 May 2023117 Days
16 Water Lane, Purfleet-on-thames, Thurrock, RM19 1GS£350,000£350,000£0016 Feb 202315 May 202388 Days
Flat 19, Bradfield Court, Linnet Way, Purfleet-on-thames, Thurrock, RM19 1NT£155,000£120,000-£35,00027 Oct 202212 May 2023197 Days
8 Linden Close, Purfleet-on-thames, Thurrock, RM19 1SP£335,000£325,000-£10,00009 Jan 202306 Apr 202387 Days
14 Long Court, Purfleet-on-thames, Thurrock, RM19 1GA£270,000£270,000£0018 May 202214 Mar 2023300 Days
35 Water Lane, Purfleet-on-thames, Thurrock, RM19 1GS£375,000£375,000£0021 Sep 202210 Mar 2023170 Days

Most Expensive Streets in Purfleet-on-Thames

PostcodeStreetAreaAverageNo. of Sales
RM19 1LHCaspian ClosePurfleet£377,0003
RM19 1LDCaspian WayPurfleet£350,0003
RM19 1AFDovecote BarnsVellacott Close£342,6666
RM19 1TELinnet WayPurfleet£329,0006
RM19 1RXJoslin RoadPurfleet£311,1666
RM19 1GRQuarry MewsPurfleet£308,5005
RM19 1GTWater LanePurfleet£292,8339
RM19 1GSWater LanePurfleet£292,5006
RM19 1GUWater LanePurfleet£287,6258
RM19 1GDMarlow AvenuePurfleet£283,3333

Least Expensive Streets in Purfleet-on-Thames

PostcodeStreetAreaAverageNo. of Sales
RM19 1TYBrighstone CourtOakhill Road£133,5005
RM19 1NTBradfield CourtLinnet Way£143,0006
RM19 1TFDunnose CourtLinnet Way£143,2005
RM19 1NBHeberden CourtWingrove Drive£143,8833
RM19 1TWRookley CourtLinnet Way£156,8333
RM19 1TXWroxall CourtLinnet Way£164,9378
RM19 1LACaspian WayPurfleet£183,05719
RM19 1LBCaspian WayPurfleet£189,59618
RM19 1PTAmblesidePurfleet£192,4905
RM19 1LLKendalPurfleet£192,76615

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