Rainham House Prices, London
Rainham is an area, located in the borough Havering.
Rainham House Prices
As of June, 2024, the average house prices in Rainham are as follows:
- studio – £16,000 (0%)
- 1 bedroom flat – £225,000 (-4.68%)
- 2 bedroom flat – £340,000 (1.3%)
- 3 bedroom flat – £425,000 (-0.82%)
- 4 bedroom flat – £525,000 (-0.15%)
- 5 bedroom flat – £525,000 (-4.61%)
Keep in mind that these are simply the average rates for Rainham house prices, so you can find quality properties for more or less than these numbers. In addition to this month’s sold house prices in Rainham, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Rainham house price is £425,000, low by 0% as of £425,000 in May, 2024.
- Currently, there are 123 houses for sale and an average of 14 property sales per month. The real estate market is stable, with a good balance between properties for sale and buyer demand, resulting in stable prices.
Check back next month for updated Rainham house prices.
Rainham House Prices Growth
The average house price in Rainham over the last 5 years is as follows:
- 2019-06 – £339,472
- 2020-06 – £334,595 (-1.44%)
- 2021-06 – £365,143 (9.13%)
- 2022-06 – £381,593 (4.51%)
- 2023-06 – £405,376 (6.23%)
- 2024-06 – £402,003 (-0.83%)
Sold house prices in Rainham remained unchanged from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 18%. Thus, if the trend continues, purchasing real estate in Rainham in the current climate could be favourable, with the potential for an attractive profit in the future.
In addition to checking the average Rainham house prices, it’s also wise to keep an eye on house rent prices in Rainham. If you aren’t quite ready to buy or want to purchase an investment property, it’s a good idea to stay up-to-date on the latest rent rates!
Check back to HowToEstate soon for updated prices on renting, buying, and selling property in Rainham.