Romford newly built property prices

The price of a newly built property is £295k in Romford postcode area. The price declined by £-33.4k (-10%) over the last twelve months. The price of an established property is £353k. There were 288 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 77 (26.7%) properties sold, followed by £250k-£300k price range with 69 (24.0%) properties sold. Most new homes were sold in RM15 5, with 65 sold to date from September 2019 - August 2020.

September 2019 - August 2020

Romford postcode areaEngland and Wales

£295k

average price of a new property

£349k

average price of a new property

-10%

average price percentage change

4%

average price percentage change

£-33.4k

average price change

£12.1k

average price change

Romford cost comparison of new homes and older homes

September 2019 - August 2020

Romford cost comparison of new homes and older homes

£295k

A newly built property

£353k

An established property

Romford sales share of new homes and older homes

September 2019 - August 2020

Romford sales share of new homes and older homes

5.4%

A newly built property

288

94.6%

An established property

5.1k

5.4k

total sales volume

Romford map of sales of new properties

shows the total volume of new homes sold a given postcode sector.

Romford map of sales of new properties

Romford new home sales share by price range

shows a sales volume of new homes in a given price range between September 2019 - August 2020. See also Romford property sales reports.

Romford new home sales share by price range

Property price rangeMarket shareSales volume
£50k-£100k1.0%3
£150k-£200k13.5%39
£200k-£250k22.6%65
£250k-£300k24.0%69
£300k-£400k26.7%77
£400k-£500k8.3%24
£500k-£750k3.5%10
over £1M0.3%1

Romford cost comparison of new houses and new flats

September 2019 - August 2020

Romford cost comparison of new houses and new flats

£489k

Detached

£259k

Flat

£382k

Semi-Detached

£330k

Terraced

Romford sales share of new houses and new flats

September 2019 - August 2020

Romford sales share of new houses and new flats

6.9%

Detached

20

73.6%

Flat

212

12.8%

Semi-Detached

37

6.6%

Terraced

19

Romford real new home prices

Yearly average nominal house prices adjusted for inflation

Romford real new home prices

Romford new home prices compared to England & Wales' new home prices

Yearly average nominal prices

Romford new home prices

Romford new home prices and nearby areas

Yearly average nominal prices

Romford new home prices and nearby areas

Romford house prices new vs established

Yearly average nominal prices

Romford house prices new vs established

Romford annual sales of new homes and older homes

Total sales volumes by year

Romford annual sales of new homes and older homes

Other reports for Romford postcode area

house prices

property transactions

home features

population statistics

crime statistics

energy costs

salary and unemployment

home energy certificates

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