Search

Will the world soon be moving to Havering?

12:00 13 April 2014

Harrow Lodge Park

Harrow Lodge Park

Archant

With house prices soaring and fears of a worse housing bubble forming than the one before the last recession, the Recorder asks why should anyone move to Havering?

What can £300,000 get you in these London boroughs:

Havering: A six-bedroom end of terrace house in Harold Hill

Westminster: A car parking space in Knightsbridge or a one-bedroom flat in Notting Hill

Redbridge: A four-bedroom house in Ilford

Camden: A house boat with one bedroom near Regent’s Park

Hackney: A three-bedroom flat in a tower block or a one-bedroom apartment in a Victorian house

London-wide, last year’s average price of a home was a whopping £580,000, which in most places will get you a pokey flat, but in Havering that sum could buy a five-bedroom detached house with period character in upmarket Hornchurch.

The overall average price in Havering is less than £300,000, making the borough a far more realistic option for first-time buyers than most other parts of the capital.

Elsewhere in London, £300,000 will get you a canal boat in Camden or a parking space in Knightsbridge.

Of course, Havering’s prices are lower for a reason – for some, the borough may seem a little far from the heart of London.

But with the Shenfield railway line providing rapid transport into the heart of London and the District line offering another direct route to the City, there are jobs aplenty just a short commute away.

Future transport improvements are set to make travel even easier and should have a positive impact on house prices too, making the area a hotly-tipped investment for the future.

The Recorder spoke to estate agents Balgores in Station Chambers, Romford, to find out whether homes in Havering represent value for money.

Sales adviser Brad Stanton said that, with house prices steadily increasing, it is a good time to move to the area and he expects its appeal to grow even more when the new Crossrail line links Romford, Gidea Park and Harold Wood with the West End in 2018.

Mr Stanton said: “Much more so than most London boroughs, you get a lot for your money.

“With Crossrail, we think that once that is fully up and running, it will improve the house prices greatly.

“All the areas have their merits. If it’s price and affordability, then there’s Harold Hill, but if you are looking for somewhere nice, there’s Gidea Park.

“And there’s a great range of properties. A three-bedroom house in Harold Hill is £190,000 or in Emerson Park it’s £700,000 for a four-bedroom house.”

While Havering boasts bustling town centres, it also has quieter village-like areas such as Hornchurch and Upminster.

Upminster ward councillor Ron Ower said: “There’s an open park in the middle of town. I don’t think there’s anywhere else you get that.

“It’s great. We have got the best schools in the borough and we are close to excellent rail connections, the Underground and the c2c and also we are on the edge of open countryside.”

The borough, however, is more than affordable homes and travel links – it’s also marked the character of its people.

Joe Leslie, 57, who runs the website Cockney Pride, had to move from Collier Row to Brentwood due to “circumstances” but misses the area and can’t wait to return.

Joe, who lives in Wendover Gardens, Brentwood, said: “The people in Romford are so down to earth, it’s unbelievable.

“The people of Romford are so good compared to Brentwood.

“They are very much more proud to come from the East End, proud to be labelled a Cockney. The community is absolutely brilliant and there’s no comparison.”

Leader of the council Cllr Steven Kelly had to agree.

He said: “It’s difficult to say what the best thing about living in Havering is, as there are so many reasons why it’s great.

“We have a generally happy and satisfied population and that’s due to, among other factors, low unemployment, low crime, good education and social services.”

Good transport connections, affordable homes and a great community – maybe Havering is about to become very popular with homebuyers.

0 comments

Latest News Stories

A man was found unconscious outside Romford station yesterday.

An investigation has been launched after a man who suffered a blow to the head was found outside Romford station yesterday.

Joseph Kavanagh, 16, of Heather Way, Collier Row, took part in a week long leadership academy at the US Space and Rocket Centre in Huntsville, Alabama

A teenager had the experience of a lifetime at a space and rocket centre in America.

Maureen Plunkett was robbed at an atm in Elm Park on Thursday.
 So many people came to help her after the man got away and she is very very grateful and wants to say thank you to everyone.

A great grandmother was left shaken and angry after she was mugged for her debit card in Elm Park last week.

Yesterday, 12:00
The borough of Havering: Has crime increased or decreased where you live?

The latest crime statistics show the number of sexual offences reported to police in Havering during 2014 increased by 37 per cent on the previous year.

Most read news

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

Pop on the most stylish eyewear around from Specsavers.

London eyecare specialists Specsavers are offering London24 readers the chance to win a £150 voucher to spend on stylish eyewear in the city.

Two phones. Same phone case. Genius.

To celebrate the launch of the first luxury dual phone case, PearPeel, we are giving away two of the black leather Rocha cases, perfect for holding two iPhone 6 handsets.

Digital Edition

Image
Read the Romford Recorder e-edition today E-edition
Family Notices 24


Our trusted business finder