Havering Property Market: House Prices, Sold Data & Development Finance, Q3 2026 Review

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

The Havering property market recorded 3,626 residential sales in the 12 months to 30 June 2026, with a median sale price of £447,500. This places Havering £33k below the Greater London county median of £480,000, and £163k above the approximate UK median of £285,000.

Prices in Havering have shown modest growth, a year-on-year change of +1.7%. Within Greater London, Havering ranks 16th by price out of 21 principal towns, and 4th by transaction volume.

On a quarterly view, Havering median prices moved from £451,494 in Q1 2025 to £450,000 in Q2 2026, a change of -0.3% over 5 quarters. Havering has now recorded 2 consecutive quarters of price growth.

The local planning authority for Havering approved 32 residential planning applications and refused 29 in Q3 2026 (1 July to 30 September 2026), with 60 still awaiting a decision. That is an approval rate of 52%. Planning figures come from local planning authority records compiled by Landstack, retrieved on 3 October 2026. Councils and Landstack can take several days to publish decisions, so decisions made in the final days of Q3 2026 may not all be included yet.

Schemes approved in Q3 2026, together with those still awaiting a decision, propose around 3,797 homes, an estimated £1.4bn of development value at local sale prices. Treat the unit total as an upper bound, since an outline permission and its reserved-matters application both count.

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 £667,250, while flat properties are most accessible at £257,500. The £410k spread between the most and least expensive types indicates a diverse market with opportunities across the development spectrum.

HM Land Registry has so far registered 18 new-build sales in Havering for the past 12 months, 0.5% of registered transactions. New-build sales are typically registered 6 to 18 months after completion, so this understates current delivery and is not a completions figure.

Too few new-build sales have registered yet to quote a reliable new-build premium for Havering.

Across the wider Greater London market, 1,006 new-build sales have registered so far. See our Greater London property market report for the full county picture.

The table below shows the most recently registered residential sales in Havering, 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 £350,000 to £610,000 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 £447,500 and detached homes at £667,250, lenders can assess scheme viability with confidence.

A typical development finance facility for a scheme in Havering with a GDV of £667,250 would attract senior debt of approximately £433,713 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 1.7% 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.