Havering Property Market: House Prices, Sold Data & Development Finance, End of H1 2026

Outer East London with Romford town-centre regeneration and sustained C2E commuter demand

The Havering property market recorded 2,546 residential sales over the past 12 months, with a median sale price of £445,000. This places Havering £40k below the Greater London county median of £485,000, and £160k above the UK national median of £285,000.

Prices in Havering have shown modest growth, with a year-on-year change of +1.1%. Within Greater London, Havering ranks 47th by price out of 51 principal towns, and 10th by transaction volume.

Havering median prices have moved from £452,500 in Q1 2025 to £431,000 in Q2 2026, a change of -4.8% over 5 quarters.

Property prices in Havering vary significantly by type. The table below compares Havering prices with Greater London county averages and UK national figures.

Detached homes in Havering command £657,500, while flat properties are most accessible at £260,000. The £398k spread between the most and least expensive types indicates a diverse market with opportunities across the development spectrum.

Havering recorded 4 new-build transactions in the past 12 months, representing 0.2% of total sales. New-build supply is limited, potentially indicating either planning constraints or an untapped opportunity for developers.

New-build properties in Havering traded at a premium of 12.6% versus existing stock. This premium supports the viability of new development, as buyers are willing to pay more for new homes.

Across the wider Greater London market, 412 new-build completions were recorded — see our Greater London property market report for the full county picture.

The following table shows the most recent property transactions recorded in Havering, providing real-time evidence of achieved prices for buyers, sellers, and developers:

These transactions are sourced from HM Land Registry Price Paid data and represent completed, registered sales. The range from £135,000 to £585,000 illustrates the breadth of the Havering market.

For developers considering Havering, the local market data translates directly into finance structuring. With a median value of £445,000 and detached homes at £657,500, lenders can assess scheme viability with confidence.

A typical development finance facility for a Havering scheme with a GDV of £657,500 would attract senior debt of approximately £427,375 at 65% LTGDV. Mezzanine finance can stretch total borrowing to 85-90% of costs, while bridging loans enable rapid site acquisitions completing in as little as 5 working days.

With prices rising 1.1% year-on-year, Havering presents a supportive environment for new development. Lenders view positive price momentum favourably when assessing loan applications.

Ready to develop in Havering? Submit your scheme for indicative terms within 24 hours from our panel of 100+ lenders.

To put Havering's market in context, the table below compares it with similarly-priced towns across Greater London:

For the full Greater London town-by-town breakdown, see our comprehensive Greater London property market report.