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Property Price Trends
Parkstone Ave, Hornchurch, Greater London
RM11 3LN Havering London Boro
What are the historical property price trends?
Explore the yearly trends in property prices for the RM11 postcode district in the UK. Stay informed and make smart real estate decisions based on the accurate, analysed data.
Property Price Trends
RM11
Most Expensive Property
£3,200,000
41 Parkstone Avenue, RM11 3LN
Sold: 09 October 2023
Cheapest Property
£10,000
85 Ground Floor Flat Park Lane, RM11 1BH
Sold: 01 December 2023
£423,000
The average house price in Havering was £423,000 in November 2024 (provisional), up 3.1% from November 2023. Across London, there was little change in the average house price over the same period.
£1,449
Private rents rose to an average of £1,449 in December 2024, an annual increase of 10.9% from £1,306 in December 2023. This was lower than the rise in London (11.5%) over the year.
£358,000
The average price paid by first-time buyers was £358,000 in November 2024 (provisional). This was 3.5% higher than the average of £346,000 in November 2023 (revised).
£427,000
For homes bought with a mortgage, the average house price was £427,000 in November 2024 (provisional). This was 3.2% higher than the average of £414,000 in November 2023 (revised).
Data last updated: 17 Feb 2025. Data extracted from ONS housing prices/rents: inflation and price indices by local authority (Havering, E09000016). Rent estimates are provisional, and are for the latest 2 months.
Local House Price Trends
Have property prices been rising or falling in RM11 3LN?
The graph below shows the five-year capital growth figures for properties for the RM11 postcode district. Figures show year-on-year capital growth and not accumulative growth over the five-year period.
Compare House Price Trends
Enter a postcode below to compare the property prices in RM11 with any other UK postcode:
Regional Property Analysis
What trends is the property market seeing in Essex?
Homebuyers
In Essex, the property market for homebuyers has been experiencing a steady increase in house prices over the past few years. According to the latest data, the average house price in Essex is currently around £350,000, with some areas such as Chelmsford, Colchester, and Brentwood seeing even higher prices. The availability of housing stock is relatively good, with a variety of properties ranging from terraced houses to detached homes. Popular postcode regions for homebuyers include CM1 in Chelmsford, CO1 in Colchester, and CM15 in Brentwood. Overall, Essex remains a desirable location for homebuyers looking for a mix of urban and rural living within easy reach of London.
Renters
Rent prices in Essex have also been on the rise, with the average monthly rent for a property currently standing at around £1,200. Popular areas for renters include SS1 in Southend-on-Sea, CM2 in Chelmsford, and CO2 in Colchester. The availability of rental properties is fair, with a range of options from apartments to family homes. For renters looking for a mix of affordability and amenities, Essex offers a variety of choices in different towns and neighbourhoods.
Investors
For investors looking to enter the property market in Essex, the region offers a promising outlook. House prices have been steadily increasing, making it a potentially lucrative investment. Rental yields are also attractive, with some areas such as RM1 in Romford, SS17 in Stanford-le-Hope, and CM3 in Chelmsford offering good returns. The availability of investment properties is decent, with opportunities to purchase both buy-to-let properties and properties for renovation. Overall, Essex presents a favourable environment for investors seeking to capitalise on the growing property market in the region.
Homebuyers
In Essex, the property market for homebuyers has been experiencing a steady increase in house prices over the past few years. According to the latest data, the average house price in Essex is currently around £350,000, with some areas such as Chelmsford, Colchester, and Brentwood seeing even higher prices. The availability of housing stock is relatively good, with a variety of properties ranging from terraced houses to detached homes. Popular postcode regions for homebuyers include CM1 in Chelmsford, CO1 in Colchester, and CM15 in Brentwood. Overall, Essex remains a desirable location for homebuyers looking for a mix of urban and rural living within easy reach of London.
Renters
Rent prices in Essex have also been on the rise, with the average monthly rent for a property currently standing at around £1,200. Popular areas for renters include SS1 in Southend-on-Sea, CM2 in Chelmsford, and CO2 in Colchester. The availability of rental properties is fair, with a range of options from apartments to family homes. For renters looking for a mix of affordability and amenities, Essex offers a variety of choices in different towns and neighbourhoods.
Investors
For investors looking to enter the property market in Essex, the region offers a promising outlook. House prices have been steadily increasing, making it a potentially lucrative investment. Rental yields are also attractive, with some areas such as RM1 in Romford, SS17 in Stanford-le-Hope, and CM3 in Chelmsford offering good returns. The availability of investment properties is decent, with opportunities to purchase both buy-to-let properties and properties for renovation. Overall, Essex presents a favourable environment for investors seeking to capitalise on the growing property market in the region.
Last updated on 31 Mar 2025. Property market analysis is based on official data, and interpreted using neural networks (machine learning model), and subject to our Terms and Conditions.
Yield for RM11 3LN
Estimated yield for property investors
1.27%
Yield
The estimated yield for the RM11 3LN postcode area is 1.27%, compared to the national average yield of 3.8%.
View yield analysisHouse price affordability
Use this graph to view the housing affordability ratio data, as well as median house prices and household earnings in England and Wales, from 1997-2024.
Property sales
What houses have been sold in RM11 3LN?
The recently sold properties table lists homes around RM11 3LN that have been recorded by HM Land Registry, and their sold prices.
Price paid information is not personal, but property-related information. All commercial transactions, sales that have not been lodged with HM Land Registry or sales that were not for full market value are excluded.
| Date | Price | Property Address | Property Type | Estate Type |
|---|---|---|---|---|
| 24 November 2023 | £685,000 | 16 Lee Gardens Avenue, Hornchurch, RM11 3BA | Semi-Detached | Freehold |
| 11 November 2022 | £860,000 | 225 Wingletye Lane, Hornchurch, RM11 3BL | Detached | Freehold |
| 01 December 2023 | £1,180,000 | 8 Berther Road, Hornchurch, RM11 3HS | Detached | Freehold |
| 09 October 2023 | £3,200,000 | 41 Parkstone Avenue, Hornchurch, RM11 3LN | Detached | Freehold |
| 08 December 2023 | £850,000 | 8 Fairlawns Close, Hornchurch, RM11 3NL | Detached | Freehold |
| 21 March 2024 | £460,000 | 140 Burnway, Hornchurch, RM11 3SQ | Semi-Detached | Freehold |
| 01 March 2024 | £675,000 | 14 Minster Way, Hornchurch, RM11 3TH | Semi-Detached | Freehold |
Nearby sold properties | ||||
| 02 May 2023 | £359,000 | 24 Longfield Avenue, Hornchurch, RM11 1AL | Terraced | Freehold |
| 16 January 2024 | £360,000 | 38 Allandale Road, Hornchurch, RM11 1AP | Semi-Detached | Freehold |
| 09 November 2023 | £300,000 | 25 Park Lane, Hornchurch, RM11 1BD | Semi-Detached | Freehold |
| 09 November 2023 | £300,000 | 27 Park Lane, Hornchurch, RM11 1BD | Semi-Detached | Freehold |
| 01 December 2023 | £10,000 | 85 Ground Floor Flat Park Lane, Hornchurch, RM11 1BH | Other | Leasehold |
| 08 March 2024 | £215,000 | Moore House Flat 8 Globe Road, Hornchurch, RM11 1BW | Flat/Maisonette | Leasehold |
| 15 December 2023 | £261,000 | Charlotte Court 68 70 Flat 7 Billet Lane, Hornchurch, RM11 1GD | Flat/Maisonette | Leasehold |
| 15 December 2023 | £620,000 | 7 Grey Towers Avenue, Hornchurch, RM11 1JE | Terraced | Freehold |
| 12 January 2023 | £266,000 | 18 Grey Towers Gardens, Hornchurch, RM11 1JH | Flat/Maisonette | Leasehold |
| 10 July 2023 | £1,500,000 | 70 Harrow Drive, Hornchurch, RM11 1NX | Detached | Freehold |
| 27 November 2023 | £480,000 | 60 Grosvenor Drive, Hornchurch, RM11 1PN | Terraced | Freehold |
| 13 October 2023 | £292,500 | Grove Court, 258 Flat 12 Hornchurch Road, Hornchurch, RM11 1QA | Flat/Maisonette | Leasehold |
| 21 November 2022 | £430,000 | 31 Hill Crescent, Hornchurch, RM11 2AP | Semi-Detached | Freehold |
| 24 November 2023 | £417,000 | 89 Stafford Avenue, Hornchurch, RM11 2EP | Semi-Detached | Freehold |
| 30 June 2023 | £390,000 | 61 Stafford Avenue, Hornchurch, RM11 2EU | Terraced | Freehold |
| 21 October 2022 | £410,000 | 79 Northumberland Avenue, Hornchurch, RM11 2HN | Terraced | Freehold |
| 08 December 2023 | £1,110,000 | 29 Ardleigh Green Road, Hornchurch, RM11 2JZ | Detached | Freehold |
| 08 December 2023 | £910,000 | 8 Walden Way, Hornchurch, RM11 2LB | Semi-Detached | Freehold |
| 15 February 2024 | £475,000 | 39 Birch Crescent, Hornchurch, RM11 2NN | Terraced | Freehold |
| 16 November 2023 | £930,000 | 23 Nelmes Crescent, Hornchurch, RM11 2PX | Detached | Freehold |
| 25 October 2023 | £554,000 | 160 Ardleigh Green Road, Hornchurch, RM11 2SU | Semi-Detached | Freehold |
Please note that house prices for properties sold in and around RM11 3LN during this period do not reflect current values of properties in this postcode area, they are the prices paid at the time of sale. Prices paid is property price data for single residential property sales in England and Wales, sold on the market at full market value, and lodged with the Land Registry for registration.
For more information about the statistical data sets contained on this page, visit https://www.gov.uk/government/statistical-data-sets.
Average monthly mortgage payments
Data on this page contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0. Property data and analysis from PropertyData.co.uk.
Statistical Data Sets
Statistics extracted are from the UK House Price Index, published each month from HM Land Registry, and broken down into Country, Region, and County level.
All content is available under the Open Government Licence v3.0, except where otherwise stated
