Imofolio

Havering · report

Past price cycles in Havering

Sale prices have fallen by 3% or more 4 times since 1995. The deepest began in January 2008.

Deepest fall
−18.3%
Recovery from the low
57 months

Prices in Havering and the UK, indexed

Average sale prices, both set to 100 in January 1995.

  • Havering
  • United Kingdom
  • 100 = January 1995
Show the numbers
PeriodHaveringUnited Kingdom
Aug 2026644.5534.7
Jul 2026648.5532.9
Jun 2026651.4530.1
May 2026649.2533.1
Apr 2026643.9530.6
Mar 2026642.8526.0
Feb 2026646.3527.6
Jan 2026646.4526.4
Dec 2025646.5524.8
Nov 2025648.9529.6
Oct 2025645.7528.4
Sep 2025639.3527.8
Aug 2025637.4529.8
Jul 2025637.0526.5
Jun 2025637.1522.4
May 2025638.4517.1
Apr 2025636.6509.5
Mar 2025640.3524.8
Feb 2025634.1518.5
Jan 2025630.9518.8
Dec 2024622.2517.0
Nov 2024619.2518.0
Oct 2024620.3519.4
Sep 2024620.6518.4
Aug 2024617.6519.1
Jul 2024610.6514.0
Jun 2024605.1508.3
May 2024596.0506.3
Apr 2024597.3502.2
Mar 2024598.9499.5
Feb 2024602.7498.6
Jan 2024596.5501.2
Dec 2023600.4501.6
Nov 2023603.6505.9
Oct 2023609.4509.4
Sep 2023610.5511.7
Aug 2023609.9514.2
Jul 2023613.0511.4
Jun 2023613.1505.8
May 2023614.2503.9
Apr 2023622.7502.2
Mar 2023622.2501.1
Feb 2023631.0506.8
Jan 2023631.9511.0
Dec 2022636.9515.4
Nov 2022634.7519.5
Oct 2022627.0520.3
Sep 2022622.8520.3
Aug 2022613.2519.2
Jul 2022609.6514.8
Jun 2022606.3505.4
May 2022605.3499.4
Apr 2022600.4493.8
Mar 2022591.5488.0
Feb 2022588.5486.2
Jan 2022585.9485.7
Dec 2021578.8480.1
Nov 2021581.4477.7
Oct 2021576.0468.5
Sep 2021570.4480.5
Aug 2021560.0466.8
Jul 2021557.6453.1
Jun 2021563.4475.4
May 2021560.8451.4
Apr 2021559.0448.4
Mar 2021556.7455.2
Feb 2021560.8448.6
Jan 2021557.7447.3
Dec 2020554.2447.3
Nov 2020547.4443.9
Oct 2020543.3439.4
Sep 2020545.0435.7
Aug 2020549.2431.1
Jul 2020549.4426.9
Jun 2020545.7423.4
May 2020539.7417.6
Apr 2020540.7415.5
Mar 2020536.2419.7
Feb 2020534.4416.0
Jan 2020530.9418.4
Dec 2019536.3418.1
Nov 2019537.1418.7
Oct 2019539.6420.2
Sep 2019538.8421.3
Aug 2019540.3421.0
Jul 2019540.7419.6
Jun 2019537.4415.0
May 2019531.5413.2
Apr 2019528.0412.6
Mar 2019529.0409.7
Feb 2019536.2410.8
Jan 2019539.7411.8
Dec 2018547.8414.4
Nov 2018546.8415.3
Oct 2018548.6417.1
Sep 2018548.6417.5
Aug 2018548.5418.3
Jul 2018549.7417.0
Jun 2018546.6411.9
May 2018545.1409.2
Apr 2018542.7407.5
Mar 2018537.6403.7
Feb 2018537.7406.1
Jan 2018535.2405.0
Dec 2017538.1406.5
Nov 2017538.9404.9
Oct 2017540.0406.0
Sep 2017543.5405.7
Aug 2017540.6407.2
Jul 2017535.1405.4
Jun 2017521.9400.2
May 2017517.4396.8
Apr 2017521.1394.4
Mar 2017525.7388.3
Feb 2017521.3389.1
Jan 2017517.7388.3
Dec 2016515.8388.7
Nov 2016524.6388.0
Oct 2016523.4386.2
Sep 2016524.6387.5
Aug 2016515.7388.1
Jul 2016511.6388.1
Jun 2016499.1384.0
May 2016495.6380.4
Apr 2016490.6376.0
Mar 2016487.2374.6
Feb 2016476.4370.8
Jan 2016467.3370.6
Dec 2015462.6369.6
Nov 2015456.7368.4
Oct 2015448.1365.6
Sep 2015441.0365.1
Aug 2015433.1364.3
Jul 2015428.6361.0
Jun 2015418.5355.0
May 2015416.3352.3
Apr 2015412.9348.5
Mar 2015412.9345.5
Feb 2015411.2344.2
Jan 2015408.4343.9
Dec 2014407.6345.7
Nov 2014403.1344.9
Oct 2014402.9346.1
Sep 2014398.4346.6
Aug 2014392.2346.2
Jul 2014383.7342.2
Jun 2014378.8337.5
May 2014373.9334.6
Apr 2014368.2331.1
Mar 2014360.4323.9
Feb 2014355.7322.7
Jan 2014350.3321.4
Dec 2013347.4321.0
Nov 2013343.4318.1
Oct 2013340.1316.4
Sep 2013336.7317.7
Aug 2013332.8317.4
Jul 2013334.1314.9
Jun 2013330.8311.4
May 2013331.1308.9
Apr 2013327.9307.3
Mar 2013324.0304.3
Feb 2013323.8302.5
Jan 2013323.7302.5
Dec 2012329.0304.6
Nov 2012331.5305.3
Oct 2012328.3305.0
Sep 2012327.9307.2
Aug 2012325.1308.3
Jul 2012327.4307.9
Jun 2012323.8306.7
May 2012323.2303.8
Apr 2012322.3302.8
Mar 2012323.6299.3
Feb 2012323.8298.5
Jan 2012324.6299.3
Dec 2011328.4301.3
Nov 2011328.0302.6
Oct 2011323.9302.5
Sep 2011322.0305.8
Aug 2011322.7306.6
Jul 2011328.1306.4
Jun 2011326.4302.6
May 2011322.6302.1
Apr 2011317.8303.4
Mar 2011316.7298.8
Feb 2011317.5300.2
Jan 2011320.6301.8
Dec 2010325.8304.3
Nov 2010327.4304.9
Oct 2010331.7308.5
Sep 2010330.6312.0
Aug 2010330.5312.8
Jul 2010328.4312.8
Jun 2010323.4309.7
May 2010321.4308.2
Apr 2010320.3306.7
Mar 2010318.8302.8
Feb 2010318.3302.8
Jan 2010313.1302.1
Dec 2009312.4303.2
Nov 2009310.2301.2
Oct 2009306.2300.2
Sep 2009304.7298.2
Aug 2009302.5295.9
Jul 2009298.6293.0
Jun 2009293.9287.8
May 2009298.5285.0
Apr 2009302.2281.1
Mar 2009304.7278.6
Feb 2009300.0280.3
Jan 2009300.6283.6
Dec 2008303.4290.3
Nov 2008312.3294.8
Oct 2008324.4303.4
Sep 2008334.6309.6
Aug 2008339.8317.6
Jul 2008342.2324.4
Jun 2008347.3328.0
May 2008352.0332.4
Apr 2008353.6330.4
Mar 2008356.6329.8
Feb 2008358.8332.2
Jan 2008359.9335.1
Dec 2007358.4341.3
Nov 2007356.8341.8
Oct 2007354.7342.0
Sep 2007352.4342.8
Aug 2007349.1342.3
Jul 2007350.1340.4
Jun 2007346.5336.1
May 2007343.0332.5
Apr 2007335.4328.7
Mar 2007330.1322.2
Feb 2007324.1319.8
Jan 2007320.5318.8
Dec 2006320.2319.0
Nov 2006319.0315.0
Oct 2006320.0313.4
Sep 2006318.4311.6
Aug 2006316.4310.3
Jul 2006311.4307.7
Jun 2006308.0303.4
May 2006306.2300.5
Apr 2006307.3297.7
Mar 2006303.0291.4
Feb 2006301.2289.0
Jan 2006298.0288.6
Dec 2005300.9289.0
Nov 2005303.3287.4
Oct 2005304.2286.6
Sep 2005302.4287.1
Aug 2005299.9287.6
Jul 2005299.7286.4
Jun 2005299.2282.8
May 2005297.2280.6
Apr 2005297.5277.6
Mar 2005298.7273.7
Feb 2005299.4271.5
Jan 2005298.4271.7
Dec 2004301.5271.9
Nov 2004302.6273.9
Oct 2004301.7274.3
Sep 2004294.0272.3
Aug 2004289.7272.8
Jul 2004289.1269.7
Jun 2004287.3264.1
May 2004284.9259.5
Apr 2004281.1256.4
Mar 2004279.8245.3
Feb 2004274.8244.7
Jan 2004272.1247.1
Dec 2003271.0245.6
Nov 2003272.8240.9
Oct 2003270.0243.6
Sep 2003268.0239.4
Aug 2003263.9240.2
Jul 2003263.4236.0
Jun 2003261.9231.9
May 2003261.8231.4
Apr 2003262.0233.0
Mar 2003258.9227.6
Feb 2003255.8222.8
Jan 2003251.2225.2
Dec 2002248.7226.8
Nov 2002245.6219.5
Oct 2002239.4217.3
Sep 2002232.0215.7
Aug 2002227.1210.6
Jul 2002222.0206.0
Jun 2002214.0204.4
May 2002207.8196.4
Apr 2002201.5191.4
Mar 2002200.3188.9
Feb 2002197.1182.5
Jan 2002195.2176.1
Dec 2001194.6176.7
Nov 2001194.5176.7
Oct 2001193.3176.7
Sep 2001189.8180.3
Aug 2001186.3180.3
Jul 2001183.1180.3
Jun 2001180.4174.1
May 2001176.4174.1
Apr 2001175.7174.1
Mar 2001172.8168.0
Feb 2001172.5168.0
Jan 2001170.1168.0
Dec 2000171.1168.9
Nov 2000169.2168.9
Oct 2000166.9168.9
Sep 2000164.8164.0
Aug 2000164.2164.0
Jul 2000163.9164.0
Jun 2000162.9161.0
May 2000159.6161.0
Apr 2000156.4161.0
Mar 2000153.2152.6
Feb 2000150.8152.6
Jan 2000148.1152.6
Dec 1999145.2148.8
Nov 1999143.0148.8
Oct 1999140.6148.8
Sep 1999139.1145.1
Aug 1999138.0145.1
Jul 1999137.0145.1
Jun 1999136.1137.1
May 1999133.9137.1
Apr 1999132.6137.1
Mar 1999130.8131.5
Feb 1999131.3131.5
Jan 1999131.6131.5
Dec 1998131.1130.7
Nov 1998128.7130.7
Oct 1998127.6130.7
Sep 1998127.7131.3
Aug 1998128.2131.3
Jul 1998128.0131.3
Jun 1998127.5125.8
May 1998125.1125.8
Apr 1998123.7125.8
Mar 1998121.7119.5
Feb 1998121.7119.5
Jan 1998119.6119.5
Dec 1997118.6116.5
Nov 1997118.2116.5
Oct 1997117.5116.5
Sep 1997116.3117.4
Aug 1997113.1117.4
Jul 1997111.3117.4
Jun 1997109.7111.7
May 1997109.4111.7
Apr 1997109.4111.7
Mar 1997108.5109.5
Feb 1997107.7109.5
Jan 1997105.3109.5
Dec 1996103.9108.0
Nov 1996103.9108.0
Oct 1996104.4108.0
Sep 1996104.1106.2
Aug 1996102.7106.2
Jul 1996101.8106.2
Jun 1996100.7102.2
May 1996100.2102.2
Apr 1996100.6102.2
Mar 1996101.3102.1
Feb 1996101.1102.1
Jan 199699.0102.1
Dec 199598.2100.6
Nov 199597.3100.6
Oct 199599.2100.6
Sep 1995100.2102.0
Aug 1995101.5102.0
Jul 1995101.0102.0
Jun 1995100.7101.1
May 1995100.8101.1
Apr 1995102.1101.1
Mar 1995102.0100.0
Feb 1995102.0100.0
Jan 1995100.0100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
April 1995November 1995−4.7%79
January 2008June 2009−18.3%1757
July 2018April 2019−3.9%920
December 2022May 2024−6.4%1710

The UK House Price Index goes back to 1968 for the UK, its nations and England's regions, to 1995 for councils in England and Wales, to 2004 in Scotland and to 2005 in Northern Ireland, where it is quarterly. A fall counts once prices drop 3% below a peak, and ends when they are back at it.

Other reports for Havering

Sale prices have an 80% chance of landing between £426,897 and £464,384 by August 2027.

Expected, August 2027
£445,641
Chance of a rise
53%

At the average sale price, a home costs £444,572. With 10% down and a 30-year mortgage, the payment is £2,051 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
27%
Payment, one income
53%

Renting the average home costs less each month than owning it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£1,567
Owning per month
£2,093

50.9% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
170
Per 1,000 residents
0.6

Figures for United Kingdom: Havering has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

In 2025 the population grew by 3,736 while 220 homes were finished: 17.0 new residents for every new home.

New residents per new home, 2025
17.0
Population change, 2025
+3,736

4.9% of the 106,557 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
4.9%
Empty homes
5,185

In 2025, 10% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
10%