Romford cost comparison of new homes and older homes
July 2020 - June 2021
The price of a newly built property is £361k in Romford postcode area. The price increased by £61.2k (20%) over the last twelve months. The price of an established property is £382k. There were 173 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 59 (34.1%) properties sold, followed by £400k-£500k price range with 28 (16.2%) properties sold. Most new homes were sold in RM15 5, with 44 sold to date from July 2020 - June 2021.
| Romford postcode area | England and Wales |
|---|---|
£361kaverage price of a new property | £364kaverage price of a new property |
20%average price percentage change | 3%average price percentage change |
£61.2kaverage price change | £11.2kaverage price change |
July 2020 - June 2021
July 2020 - June 2021
shows the total volume of new homes sold a given postcode sector.
shows a sales volume of new homes in a given price range between July 2020 - June 2021. See also Romford property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £50k-£100k | 1.7% | 3 |
| █ £100k-£150k | 4.6% | 8 |
| █ £150k-£200k | 6.9% | 12 |
| █ £200k-£250k | 9.2% | 16 |
| █ £250k-£300k | 14.5% | 25 |
| █ £300k-£400k | 34.1% | 59 |
| █ £400k-£500k | 16.2% | 28 |
| █ £500k-£750k | 11.0% | 19 |
| █ over £1M | 1.7% | 3 |
July 2020 - June 2021
July 2020 - June 2021
Yearly average nominal house prices adjusted for inflation
Yearly average nominal prices
Yearly average nominal prices
Yearly average nominal prices
Total sales volumes by year
