Search

House prices still rising in Havering despite London-wide drop

16:13 04 August 2014

Estate agents boards in London. Picture: Press Association

Estate agents boards in London. Picture: Press Association

PA Archive/Press Association Images

The London property market may be cooling, but new figures have revealed house prices in Havering are still on the rise.

The Halifax monthly index shows property prices have risen consistently in the borough over the last 12 months.

Hornchurch houses have risen the most, from an average of £302,361 in June last year, to £349,034 this June (14 per cent).

Upminster properties have risen from £463,831 to £494,642 (6.6pc) and Romford from £247,160 to £279,115 (11pc).

Martin Gibbon, group director of Balgores Property Group, with offices in all of the areas, said: “Prices are generally slowing down a little, but they are very buoyant and still ahead of average prices in the UK.

“This I believe is due to increased confidence in the economy, low levels of available stock and historically low interest rates.

Read more:

Harold Hill Council house, that launched Magaret Thatcher’s Right To Buy Scheme is sold for 20 times its original value

Havering house prices hit £275k average but still fourth-cheapest in London

Latest Romford News Stories

15:55
Chris Cooper believes the fire last Friday has destroyed 90 per cent of grassland. Photo: Chris Cooper.

A park which residents have worked hard to improve has had large swathes of grassland ruined after a blaze ripped through it.

13:18
Jake Lane, 16, suffered serious facial injuries after a stranger assaulted him and his brother at a bus stop in Heathway, Dagenham, yesterday afternoon. Picture: Jay Wara

A teenage boy could require specialist facial treatment after he and his brother were beaten up at a bus stop.

12:24
Romford Magistrates' Court

A drunk driver has spoken of his “regret” after he kicked police officers and made threatening remarks.

10:45
Shoppers at the Mercury Mall shopping centre in Romford

A shopping centre in Romford was evacuated as part of a safety exercise today.

09:08
Romford station

Trains are being delayed between Shenfield and Liverpool Street after a lorry struck a railway bridge near Romford station.

07:38
Driver on a mobile call behind the wheel

Police figures show the number of drivers who use mobile phones behind the wheel is on the rise.

Goodmayes Hospital, where Nelft are based.

Vulnerable patients at risk of hanging themselves were not kept safe by the borough’s mental health trust, an inspection has found.

Yesterday, 18:20
A man was airlifted to hospital after being hit by a train at Goodmayes station

There are severe delays on services between Liverpool Street and Shenfield after an incident at Goodmayes station.

Newsletter Sign Up

Most read news

HOT JOBS

Show Job Lists

News from your area

WW100

Click on the banner above for full coverage of the centenary commemorations of the outbreak of the First World War.

Competitions

Kit yourself out and go Apple mad!

If you’re obsessed with Apple or just love a good gadget, this is a prize that will blow you away! An incredible £3,333 to spend on Apple goodies! How would you like to be the proud new owner of the Apple Watch?

VW Golf Estate

As we grow older it becomes more and more important to have means to travel about safely and quickly. Our friendship groups and families grow and the need to have a car that is not only safe but also fast and big enough for all our needs is ever more important. There are many cars on the market for such needs but none deals with them as efficiently or as neatly as a VW Golf Estate. These cars are build strong, long lasting and spacious for a reason. They cater to the needs of many and are some of the most popular cars currently on the market.

Digital Edition

cover

Enjoy the
Romford Recorder
e-edition today

Subscribe

Education and Training

cover

Read the
Education and Training
e-edition today

Read Now