House prices in Havering have gone up by an average of over £4,000 in the month of December, according to figures from the Land Registry.
The latest data from the government department reveals that in December 2022 average house prices in Havering reached £442,906.
This was up from £437,944 in November, representing over a 1.1 per cent increase. In the last 12 months it has risen by 10.6 per cent.
If you are interested in buying or renting a home, you can see the latest properties in and around Havering here.
How much have house prices increased in Havering?
Breaking it down for specific types of housing, all prices saw an increase.
- Detached houses - Up to £864,886 from £856,711 in November
- Semi-detached houses - Up to £542,303 from £537,096 in November
- Terraced houses - Up to £425,574 from £421,186 in November
- Flats - Up to £262,054 from £257,583 in November
How do Havering house prices compare to the UK average?
Even when comparing Havering to the picture across the UK, the area is well above the UK average with a typical property value in the nations reaching £294,329 in December.
In cash terms, the average house price in December was £26,214 higher than a year earlier with house price growth accelerating to 9.8 per cent in December 2022. Prices were down by -0.4 per cent month on month.
How much could your house be worth?
We have created this map for the London so you can see the average house price in each neighbourhood since 1995.
Sites like Zoopla can offer an estimate valuation of your house if you input your postcode into their website here.
The above map can demonstrate which areas of Havering are the most expensive for average house prices.
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