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Elm Park market report RM12 4, Hornchurch
The RM12 4 (Elm Park) house price history in full, 1995 to 2026, in cash and in today's money. The raw material for this page is 7,564 HM Land Registry entries for RM12 4 (Hornchurch), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: the 2026 median for RM12 4 (Hornchurch) is £487,500, from 88 registered sales, up 15% on five years earlier; the mean is £481,100, and by floor area homes here have averaged about £5,220 per square metre over the last five years. Behind the figures sit 7,564 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.
RM12 4 is a postcode sector: one group of streets inside RM12 (Hornchurch). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.
Where RM12 4 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
What buyers actually paid in RM12 4
88 sales were registered in RM12 4 in 2026, and the middle one of them, the median, went for £487,500. The mean works out at £481,100, nearly identical to it, meaning sales cluster closely around the typical figure.
RM12 4 prices by floor area
Measured by floor area, the last five years of RM12 4 sales average about £5,220 per square metre. Price per square metre is the fair way to compare a one-bed flat with a four-bed house, and it comes from the Energy Performance Certificate on each sold home.
The national median for England and Wales is £285,000, which puts RM12 4 71% above the country at large.
The price of a typical RM12 4 home, 1995 to 2026
The cash median beside its inflation-adjusted twin (ONS CPIH). The adjusted line answers the harder question, whether homes really got dearer. Hover for the figures; the legend toggles each series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £487,500 | £487,500 | 88 |
| 2025 | £484,000 | £495,574 | 250 |
| 2024 | £450,000 | £478,442 | 204 |
| 2023 | £450,000 | £494,440 | 177 |
| 2022 | £460,000 | £539,402 | 195 |
| 2021 | £425,000 | £538,105 | 317 |
| 2020 | £400,000 | £519,008 | 205 |
| 2019 | £386,500 | £506,609 | 186 |
| 2018 | £385,000 | £513,212 | 203 |
| 2017 | £370,000 | £504,643 | 223 |
| 2016 | £347,500 | £486,156 | 229 |
| 2015 | £305,000 | £430,965 | 225 |
| 2014 | £265,000 | £375,949 | 235 |
| 2013 | £235,000 | £338,142 | 206 |
| 2012 | £227,500 | £334,852 | 190 |
| 2011 | £225,000 | £339,663 | 178 |
| 2010 | £225,200 | £353,172 | 164 |
| 2009 | £210,000 | £337,577 | 152 |
| 2008 | £236,000 | £386,854 | 188 |
| 2007 | £237,300 | £402,527 | 346 |
| 2006 | £214,000 | £371,477 | 331 |
| 2005 | £211,800 | £376,919 | 300 |
| 2004 | £199,000 | £361,423 | 342 |
| 2003 | £183,200 | £337,499 | 290 |
| 2002 | £161,200 | £303,296 | 352 |
| 2001 | £129,000 | £247,996 | 323 |
| 2000 | £115,000 | £225,688 | 244 |
| 1999 | £95,000 | £189,330 | 251 |
| 1998 | £84,000 | £169,560 | 245 |
| 1997 | £77,500 | £158,937 | 254 |
| 1996 | £69,000 | £145,518 | 273 |
| 1995 | £65,000 | £141,300 | 198 |
In cash terms the typical RM12 4 home went from £65,000 in 1995 to £487,500 in 2026, roughly 8 times the price. Even after inflation that is a real rise of about 245%: homes here genuinely became dearer, not merely more expensive on paper. The real-terms peak came in 2022, and today's median remains roughly 10% under it: a 2022 buyer is still waiting to get that price back in today's money.
Year-on-year change in the RM12 4 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2002 (+25.0% on the year before); the weakest, 2009 (−11.0%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +0.7% | −1.6% |
| 5 years (since 2021) | +2.8% | −2.0% |
| 10 years (since 2016) | +3.4% | 0.0% |
| 20 years (since 2006) | +4.2% | +1.4% |
Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.
The turnover behind the prices
The year-by-year sales count
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
Over the last twelve months of data, 88 sales completed in RM12 4. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 316 sales a year before the financial crisis and 183 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
The rental side of RM12 4
RM12 4 falls under Havering, where the ONS puts the average private rent at £1,564 a month (May 2026 figures). A one-bed averages £1,215 a month here and a four-or-more-bed £2,497, so size does most of the work in setting the rent.
Average monthly rent by size, Havering
ONS Price Index of Private Rents, May 2026.
Against the £487,500 median purchase price, a rent of £1,564 a month (£18,768 a year) works out at a 3.8% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
What people ask about RM12 4 (Elm Park)
Is RM12 4 (Elm Park) a good place to buy a house?
How much did a house sell for in RM12 4 (Elm Park)?
Are property prices falling in RM12 4 (Elm Park)?
What happens to RM12 4 prices now?
Prediction is not this page's business. Its business is the record, which says: the median is up 15% over five years in cash but down 9% after inflation. Read the volume chart with the price chart before acting on either, remembering that registrations trail the deals themselves by weeks.
What is for sale in RM12 right now
Turning to what is actually available: 73 homes on the market right now, from 4 agents publishing to HomesIndex.
These cover the whole RM12 district, not just RM12 4: live asking prices are collected per district.
25% of what is on the market here is asking below what comparable homes actually sold for. The comparison behind each listing uses recent recorded sales of similar homes close by.
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
See every RM12 home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
Bedroom by bedroom: RM prices by size
Real sold prices by size across the RM area, straight from the Land Registry record. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £450,000 | £575,000 (+28%) | £830,000 (+44%) | £1,150,000 (+39%) |
| Semi-detached | £365,000 | £425,000 (+16%) | £485,000 (+14%) | £635,000 (+31%) | £772,500 (+22%) |
| Terraced | £330,000 | £380,000 (+15%) | £435,000 (+14%) | £527,750 (+21%) | £662,500 (+26%) |
| Flat | £222,000 | £280,000 (+26%) | £360,000 (+29%) | — | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
The spread across the RM area is the point: the same five years treated these districts very differently.
Winners and losers across the RM area, five years
The biggest risers and fallers in cash terms; every row links to that district's report.
Other sectors in RM12
Prices can differ sharply between two sectors a few minutes' walk apart. The rest of RM12, each linking to its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| RM12 5 | £460,000 | 52 |
| RM12 6 | £485,000 | 51 |
Zoom out to the full RM12 district report for the type split, monthly volumes and how RM12 compares with its neighbours.
Selling in RM12 4? Start from the sold record
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in RM12 4, use the average prices map for a rough value: zoom from RM12 4's shading down to the sold homes on your own street. The figures above are every recorded RM12 4 sale; agents price with this same Land Registry record, and now you have it too.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim RM12 4.
Take it further
The AI answers from the same Land Registry data this report is built on, already scoped to RM12 4. Free after a one click sign in.
The live map plots every individual RM12 4 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator runs the numbers on a real purchase.
How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.