Local market reports › RM area › RM12 › RM12 5
Elm Park market report RM12 5, Hornchurch
The standing RM12 5 (Elm Park) property market report, rebuilt from the full public record every month. Underneath every chart here sit 4,015 registered sales in RM12 5 (Hornchurch) since 1995, the HM Land Registry record of what buyers really paid, with ONS figures covering rents. Nothing is a valuation, an estimate or an asking price.
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 5 (Hornchurch) is £460,000, from 52 registered sales, up 15% on five years earlier; the mean is £453,100, and by floor area homes here have averaged about £5,040 per square metre over the last five years. Behind the figures sit 4,015 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.
RM12 5 is one sector of RM12 (Hornchurch): a handful of streets, and the most local view the sold record can give. The price of that locality is lumpier charts, because each year's median rests on fewer sales.
Where RM12 5 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 a home in RM12 5 sells for
52 sales were registered in RM12 5 in 2026, and the middle one of them, the median, went for £460,000. The mean works out at £453,100, nearly identical to it, meaning sales cluster closely around the typical figure.
House prices per square metre in RM12 5
The last five years of sales put RM12 5 at roughly £5,040 per square metre. That figure, built from each sale's Energy Performance Certificate floor area, is the one that makes a small flat and a big house comparable.
Set against the £285,000 England and Wales median, RM12 5 sits 61% above the national market.
A typical RM12 5 home, priced year by year (1995 to 2026)
One line records the median as paid; the other restates every year in today's money via ONS CPIH, the honest measure of getting dearer. Hover for year figures, click the legend to isolate a line.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £460,000 | £460,000 | 52 |
| 2025 | £450,000 | £460,761 | 113 |
| 2024 | £432,000 | £459,305 | 113 |
| 2023 | £450,000 | £494,440 | 101 |
| 2022 | £440,000 | £515,950 | 97 |
| 2021 | £400,000 | £506,452 | 156 |
| 2020 | £376,000 | £487,868 | 120 |
| 2019 | £375,000 | £491,535 | 124 |
| 2018 | £375,000 | £499,882 | 120 |
| 2017 | £360,100 | £491,140 | 119 |
| 2016 | £356,200 | £498,327 | 98 |
| 2015 | £295,000 | £416,835 | 139 |
| 2014 | £280,000 | £397,229 | 177 |
| 2013 | £235,500 | £338,861 | 144 |
| 2012 | £223,500 | £328,964 | 128 |
| 2011 | £218,800 | £330,304 | 88 |
| 2010 | £220,000 | £345,017 | 88 |
| 2009 | £195,000 | £313,464 | 87 |
| 2008 | £236,500 | £387,673 | 80 |
| 2007 | £230,200 | £390,483 | 144 |
| 2006 | £207,000 | £359,326 | 135 |
| 2005 | £215,000 | £382,613 | 181 |
| 2004 | £188,500 | £342,353 | 211 |
| 2003 | £175,000 | £322,392 | 157 |
| 2002 | £145,000 | £272,816 | 156 |
| 2001 | £125,000 | £240,306 | 148 |
| 2000 | £110,000 | £215,875 | 117 |
| 1999 | £90,000 | £179,365 | 109 |
| 1998 | £83,000 | £167,541 | 128 |
| 1997 | £77,700 | £159,347 | 136 |
| 1996 | £68,000 | £143,409 | 134 |
| 1995 | £67,500 | £146,735 | 115 |
In cash terms the typical RM12 5 home went from £67,500 in 1995 to £460,000 in 2026, roughly 7 times the price. Adjusted for inflation it still comes to a real rise of roughly 213%, so homes here got dearer in substance, not only in cash. Measured in today's money the market peaked in 2022; the current median sits about 11% below that. Someone who bought at the 2022 peak has not yet seen that price back in real terms.
Year-on-year change in the RM12 5 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 2000 (+22.2% on the year before); the weakest, 2009 (−17.5%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
The long view: annualised growth
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +2.2% | −0.2% |
| 5 years (since 2021) | +2.8% | −1.9% |
| 10 years (since 2016) | +2.6% | −0.8% |
| 20 years (since 2006) | +4.1% | +1.2% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
How many homes change hands in RM12 5
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.
RM12 5 recorded 52 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 156 sales a year before the financial crisis and 95 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
Reading the RM12 5 market
This is a thin market: 52 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict.
What homes rent for around RM12 5
For renting purposes RM12 5 sits in Havering. The ONS average private rent there is £1,564 a month (May 2026). 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.
£1,564 a month is £18,768 a year, which against the £460,000 median sold price makes a gross yield of 4.1%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
Asked and answered: RM12 5 (Elm Park)
Is RM12 5 (Elm Park) a good place to buy a house?
How much did a house sell for in RM12 5 (Elm Park)?
Are property prices falling in RM12 5 (Elm Park)?
Are RM12 5 prices heading up or down?
That question has no honest answer, only evidence. The evidence: the median is up 15% over five years in cash but down 9% after inflation. Weigh the volume chart alongside the price one before deciding anything, and bear in mind every figure is a completed sale that reached the register weeks after completion.
What is for sale in RM12 right now
The live side of the market holds 73 homes at the moment, listed by 4 agents publishing to HomesIndex.
These cover the whole RM12 district, not just RM12 5: live asking prices are collected per district.
25% of current listings sit under the prices comparable homes actually fetched. Every listing is measured against recent recorded sales of similar nearby homes.
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every RM12 home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
The price of an extra bedroom in RM
What homes of each size actually sold for across the RM area, from the Land Registry record. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| 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%) | — | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Blank cells mean too few homes for the figure to mean anything.
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
Cash-terms risers and fallers across the area; click any row for that district's full report.
Other sectors in RM12
Sector boundaries hide real price steps. The rest of RM12, one report each:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| RM12 4 | £487,500 | 88 |
| 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 5? 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 5, use the average prices map for a rough value: zoom from RM12 5's shading down to the sold homes on your own street. The figures above are every recorded RM12 5 sale; agents price with this same Land Registry record, and now you have it too.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim RM12 5.
Keep digging
The AI answers from the same Land Registry data this report is built on, already scoped to RM12 5. Free after a one click sign in.
See every individual RM12 5 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale 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.