Local market reports › RM area › RM3
Harold Wood market report RM3, Romford
The RM3 (Harold Wood) house price history in full, 1995 to 2026, in cash and in today's money. Every figure on this page comes from the public record: 17,911 sales registered with HM Land Registry in RM3 (Romford) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.
Covers registered sales to July 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: the middle 2026 sale in RM3 (Romford) came in at £420,000, out of 176 registered, up 16% on five years earlier, and the mean stands at £435,000, and by floor area homes here have averaged about £4,870 per square metre over the last five years. The record behind it is 17,911 completed sales lodged with HM Land Registry since 1995, monthly refreshed, with no valuations or asking prices anywhere in the figures.
The postcode district RM3 covering Harold Wood, Harold Hill, Noak Hill sits in Romford. A district is the workhorse unit for reading a market: local enough to be meaningful, busy enough that the medians rest on a steady flow of sales.
Where RM3 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 RM3 sells for
Across 176 registered 2026 sales, the typical (median) RM3 home went for £420,000. The mean is £435,000, practically level with it: prices here bunch tightly around the middle.
House prices per square metre in RM3
Averaged across five years of sales, floor space in RM3 costs about £4,870 per square metre. Each sale's Energy Performance Certificate supplies the floor area, and pricing by the metre is what lets flats and houses share one scale.
For scale: the England and Wales median is £285,000, so RM3 trades 47% above the country as a whole.
RM3's median sold price, 1995 to 2026
The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £420,000 | £420,000 | 176 |
| 2025 | £410,000 | £419,804 | 464 |
| 2024 | £400,000 | £425,282 | 464 |
| 2023 | £395,000 | £434,009 | 414 |
| 2022 | £395,000 | £463,183 | 500 |
| 2021 | £362,000 | £458,339 | 642 |
| 2020 | £346,200 | £449,202 | 440 |
| 2019 | £330,000 | £432,551 | 504 |
| 2018 | £327,000 | £435,897 | 671 |
| 2017 | £320,000 | £436,448 | 637 |
| 2016 | £315,000 | £440,688 | 656 |
| 2015 | £277,000 | £391,401 | 824 |
| 2014 | £233,000 | £330,551 | 728 |
| 2013 | £200,000 | £287,780 | 584 |
| 2012 | £183,000 | £269,353 | 383 |
| 2011 | £178,000 | £268,712 | 373 |
| 2010 | £185,500 | £290,912 | 350 |
| 2009 | £168,000 | £270,061 | 357 |
| 2008 | £190,000 | £311,450 | 441 |
| 2007 | £189,900 | £322,123 | 800 |
| 2006 | £169,700 | £294,578 | 790 |
| 2005 | £163,200 | £290,430 | 544 |
| 2004 | £159,000 | £288,775 | 720 |
| 2003 | £144,000 | £265,283 | 664 |
| 2002 | £120,000 | £225,779 | 723 |
| 2001 | £100,000 | £192,245 | 722 |
| 2000 | £88,000 | £172,700 | 566 |
| 1999 | £71,000 | £141,499 | 645 |
| 1998 | £68,500 | £138,272 | 529 |
| 1997 | £63,500 | £130,226 | 635 |
| 1996 | £56,000 | £118,101 | 518 |
| 1995 | £57,000 | £123,909 | 447 |
In cash terms the typical RM3 home went from £57,000 in 1995 to £420,000 in 2026, roughly 7 times the price. Even after inflation that is a real rise of about 239%: homes here genuinely became dearer, not merely more expensive on paper. The real-terms peak came in 2022, and today's median remains roughly 9% under it: a 2022 buyer is still waiting to get that price back in today's money.
Year-on-year change in the RM3 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 (+23.9% on the year before); the weakest, 2009 (−11.6%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What RM3 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +2.4% | 0.0% |
| 5 years (since 2021) | +3.0% | −1.7% |
| 10 years (since 2016) | +2.9% | −0.5% |
| 20 years (since 2006) | +4.6% | +1.8% |
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.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of terraced homes dominate the record here, 42% of the typed total. A detached home currently trades at £650,200 against £236,500 for a flat, 2.7 times the price.
Median by property type, RM3
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £650,200 | 16 | 942 |
| Semi-detached | £453,500 | 58 | 5,684 |
| Terraced | £410,000 | 78 | 7,563 |
| Flats | £236,500 | 24 | 3,722 |
The turnover behind the prices
How many homes change hands
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
The monthly pulse, last five years
Sales as they reached the register each month. Expect the seasonal sawtooth, and discount the newest months while late entries land.
The register shows 361 RM3 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 691 sales a year before the financial crisis and 404 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 RM3
For renting purposes RM3 sits in Havering. The ONS average private rent there is £1,564 a month (May 2026). The spread runs from £1,215 a month for a typical one-bed to £2,497 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Havering
ONS Price Index of Private Rents, May 2026.
Against the £420,000 median purchase price, a rent of £1,564 a month (£18,768 a year) works out at a 4.5% 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 RM3 (Harold Wood)
Are property prices falling in RM3 (Harold Wood)?
Is RM3 (Harold Wood) a good place to buy a house?
How much did a house sell for in RM3 (Harold Wood)?
Where do RM3 prices go next?
No honest page predicts prices, so this one sticks to the record: the median is up 16% over five years in cash but down 8% after inflation. Anyone weighing a purchase should read the volume chart with the price chart, remembering that these are completed sales, registered weeks after the deals were actually struck.
What is for sale in RM3 right now
Everything above is what homes in RM3 sold for. The live side of the market holds 65 homes at the moment, listed by 6 agents publishing to HomesIndex, at a typical asking price 5% below the RM3 median sold price.
16% 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 RM3 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.
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. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
RM3 ranks 4 of 20 in the RM area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
Five-year change in the median, RM area districts
The districts that gained and lost most in cash terms, each row linking through to its own report.
Inside RM3, sector by sector
Below district level sit the sectors, street groups with reports of their own, and the gaps between neighbouring ones can be sharp.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| RM3 0 | £460,000 | 64 |
| RM3 7 | £420,000 | 35 |
| RM3 8 | £382,500 | 36 |
| RM3 9 | £405,000 | 41 |
How RM3 compares nearby
Same city, different markets. The neighbouring districts of the RM area, dearest first:
| District | Median | 5-year |
|---|---|---|
| RM4 | £570,000 | -8% |
| RM14 | £535,000 | -3% |
| RM11 | £498,000 | +8% |
| RM2 | £487,500 | +3% |
| RM12 | £475,000 | +12% |
| RM1 | £467,500 | +37% |
| RM6 | £435,000 | +9% |
| RM13 | £435,000 | +18% |
| RM5 | £430,000 | +10% |
| RM3 (this report) | £420,000 | +16% |
| RM7 | £420,000 | +10% |
| RM16 | £400,000 | +13% |
| RM10 | £390,000 | +15% |
| RM8 | £387,800 | +16% |
| RM9 | £372,500 | +13% |
| RM15 | £357,500 | +12% |
| RM18 | £332,500 | +16% |
| RM17 | £330,000 | +14% |
| RM20 | £305,200 | +15% |
| RM19 | £223,000 | -2% |
Selling a home in RM3? Price it on the evidence
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at RM3's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim RM3.
Go deeper
Behind the answers sits the same Land Registry record as this page, with RM3 already set as the subject. Free, one click sign in.
The live map plots every individual RM3 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.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.