Residential dwellings
19,390
Addressable residential units in the area (OS AddressBase).
RM3 house prices
Sold £4,968/m² · Median sold £400,920 (327 sales) · Index +1.3% y/y · Turnover 1.6% · 12 months, sales to Jun 2026, listings to Sep 2026
What is RM3?
RM3: residential dwellings 19,390.
HMO-shaped dwellings
0.5%
RM3 ranks 4th of 9 neighbouring postcode districts for HMO-shaped dwellings.
Share of dwellings OS AddressBase classifies RH01/RH02/RH03: laid out as a house in multiple occupation. A statement about built form, not about a licence.
- Buildings
- 15,642
- Mixed-use buildings
- 73%
- HMO-shaped units
- 28%
- EPC A or B
- 13%
- EPC D or worse
- 49%
What does RM3 cost?
RM3: sold price per m² £4,968/m² (12 months to Jun 2026, 327 sales). +1.3% over the year to Jul 2026 by the house price index, which follows the same homes over time.
Sold price per m²
£4,968/m² 12 months to Jun 2026
327 sales
+1.3% over the year to Jul 2026 by the house price index, which follows the same homes over time.
Empirical-Bayes smoothed median of UPRN-matched completed sales per square metre (HM Land Registry Price Paid), monthly. 12-month figure: the monthly medians weighted by their sample, 12 months to Jun 2026, 327 sales.
Sold price
£400,920 12 months to Jun 2026
327 sales
+1.3% over the year to Jul 2026 by the house price index, which follows the same homes over time.
Empirical-Bayes smoothed median of UPRN-matched completed sales (HM Land Registry Price Paid), monthly. 12-month figure: the monthly medians weighted by their sample, 12 months to Jun 2026, 327 sales.
Sample is the matched completed sales behind the latest month. A month in which this cohort recorded no sale of its own carries the parent area's price rather than a measurement, and is not published with no sample.
Asking price
£407,466 12 months to Sep 2026
1,119 listings
+0.7% on the previous 12 months.
Median ASKING price of residential sale listings that came to market in the month, from portal listings. Asking, not achieved. 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 1,119 listings.
Sample is the dated listings that came to market in the latest month (added and reduced cohorts).
Settled months to Jul 2026; the dashed tail is the published projection of the index 8 months ahead, inside its 80% band. A projection of the index, not a forecast of any home's price.
ObservedForecast with intervalIndex points, not property prices
What does RM3 earn?
RM3: asking rent £2,015/month (12 months to Sep 2026, 229 lets).
Asking rent
£2,015/month 12 months to Sep 2026
229 lets
Median asking rent per calendar month of residential lettings in the month, from portal listings. Asking, not achieved. 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 229 lets.
Gross yield, asking basis
5.9% 12 months to Sep 2026
439 lets
+9.9% on the previous 12 months.
Cell asking rent × 12 over the same cell's asking sale price, before costs, voids and finance (cells with fewer than 5 dated listings are not built). 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 439 lets.
Sample is the dated lettings behind the latest month's rent cell.
How does RM3 vary by home size?
Asking price in RM3 runs from £220,971 for 1 bedroom to £625,538 for 4 bedrooms.
| Homes | Asking price | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £220,971 | 12 months to Sep 2026 | +0.7% on the previous 12 months | 175 |
| 2 bedrooms | £348,884 | 12 months to Sep 2026 | -2.4% on the previous 12 months | 251 |
| 3 bedrooms | £438,209 | 12 months to Sep 2026 | -1.9% on the previous 12 months | 494 |
| 4 bedrooms | £625,538 | 12 months to Sep 2026 · 11 of 12 months observed | — | 130 |
| 5+ bedrooms | Not published | — | — | — |
Asking price by bedroom band: the monthly medians of sale listings that came to market, weighted by their dated listings, within the last 12 calendar months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
How liquid is RM3?
RM3: turnover 1.6% (12 months to Mar 2026, 316 sales). -37.9% on the previous 12 months.
Turnover
1.6% 12 months to Mar 2026
316 sales
-37.9% on the previous 12 months.
Registered sales as a share of the dwelling stock, monthly; the 12-month figure adds the months. UPRN-matched sales, a floor on the registry count; the newest months fill in as registrations land. 12-month figure: the months added, 12 months to Mar 2026, 316 sales.
Sample is the matched completed sales behind the latest month. A month in which this cohort recorded no sale of its own has a rate of zero by arithmetic rather than a measured rate, and is not published with no sample.
Completed sales
463 12 months to Mar 2026
463 sales
-22.1% on the previous 12 months.
Count of HM Land Registry Price Paid completions in the month for the postcode district, straight off the registry; the newest months are still registering. 12-month figure: the months added, 12 months to Mar 2026, 463 sales.
Sample is the registry count itself; months within six months of the last ingest are still filling.
Listings for sale
601 12 months to Sep 2026
601 listings
Residential sale listings observed in the month, from portal listings. 12-month figure: the months added, 12 months to Sep 2026, 601 listings.
Who is active in RM3?
31 agents listed homes for sale in RM3; the three largest took 35% of the listings.
- Agents active
- 31
- Top three agents’ share
- 35%
- New homes among listings
- 4.5%
Days to completion is on the listings matched to a registered sale, not a sell-through rate.
Who owns RM3?
Corporate landlords hold 56% of the 795 units in RM3 whose freeholder is classified; 96% of all units are not yet classified.
- Corporate landlords56% of classified · 445 units
- Housing associations25% of classified · 202 units
- Individuals (not traceable in bulk)18% of classified · 145 units
- RMC0.4% of classified · 3 units
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Where does RM3 rank?
RM3 ranks 9th of 9 postcode districts in Havering for sold price per m², at £4,968/m².
Sold price per m² · postcode districts in Havering
RM3 ranks 9th of 9 postcode districts in Havering for sold price per m², at £4,968/m².
| # | Area | Sold price per m² | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | RM14 | £5,817/m² | 12 months to Jun 2026 · from monthly figures | 260 | measured |
| 2 | RM12 | £5,468/m² | 12 months to Jun 2026 · from monthly figures | 331 | measured |
| 3 | RM2 | £5,461/m² | 12 months to Jun 2026 · from monthly figures · 11 of 12 months observed | 130 | measured |
| 4 | RM11 | £5,453/m² | 12 months to Jun 2026 · from monthly figures | 302 | measured |
| 5 | RM5 | £5,170/m² | 12 months to Jun 2026 · from monthly figures | 184 | measured |
| 9 | RM3 | £4,968/m² | 12 months to Jun 2026 · from monthly figures | 327 | measured |
Full table: sold price per m² across postcode districts in Havering
Gross yield, asking basis · postcode districts in Havering
RM3 ranks 1st of 9 postcode districts in Havering for gross yield, asking basis, at 5.9%.
| # | Area | Gross yield, asking basis | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | RM3 | 5.9% | 12 months to Sep 2026 · from monthly figures | 439 | measured |
| 2 | RM5 | 5.4% | 12 months to Sep 2026 · from monthly figures | 148 | measured |
| 3 | RM13 | 5.0% | 12 months to Sep 2026 · from monthly figures | 371 | measured |
| 4 | RM7 | 5.0% | 12 months to Sep 2026 · from monthly figures | 470 | measured |
| 5 | RM1 | 4.5% | 12 months to Sep 2026 · from monthly figures | 542 | measured |
Full table: gross yield, asking basis across postcode districts in Havering
Turnover · postcode districts in Havering
RM3 ranks 7th of 7 postcode districts in Havering for turnover, at 1.6%.
| # | Area | Turnover | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | RM11 | 2.4% | 12 months to Mar 2026 · from monthly figures | 318 | measured |
| 2 | RM1 | 2.2% | 12 months to Mar 2026 · from monthly figures | 228 | measured |
| 3 | RM12 | 2.0% | 12 months to Mar 2026 · from monthly figures | 313 | measured |
| 4 | RM5 | 2.0% | 12 months to Mar 2026 · from monthly figures | 162 | measured |
| 5 | RM7 | 2.0% | 12 months to Mar 2026 · from monthly figures | 263 | measured |
| 7 | RM3 | 1.6% | 12 months to Mar 2026 · from monthly figures | 316 | measured |
Where next from RM3?
- HaveringThe wider market this area sits in.
- RM1Neighbouring postcode district · Asking £4,969/m² · Sep 2026
- RM11Neighbouring postcode district · Asking £6,101/m² · Sep 2026
- RM12Neighbouring postcode district · Asking £5,557/m² · Sep 2026
- RM13Neighbouring postcode district · Asking £4,985/m² · Sep 2026
- RM14Neighbouring postcode district · Asking £5,947/m² · Sep 2026
- RM2Neighbouring postcode district · Asking £5,935/m² · Sep 2026
- RM5Neighbouring postcode district · Asking £5,350/m² · Sep 2026
- RM7Neighbouring postcode district · Asking £5,116/m² · Sep 2026
- CM14Next door, in another authority · Asking £7,391/m² · Sep 2026
- RM4Next door, in another authority · Asking £5,690/m² · Sep 2026
- CM13Next door, in another authority · Asking £6,709/m² · Sep 2026
Questions about RM3
- What is the median house price in RM3?
- Homes in RM3 sold for a median £400,920 over the 12 months to Jun 2026, 327 sales. Per square metre that is £4,968/m². Registered completions, not asking prices.
- How have house prices in RM3 changed?
- +1.3% over the year to Jul 2026 by the house price index, which follows the same homes over time.
- What is the average rent in RM3?
- Homes to let in RM3 asked a median £2,015/month over the 12 months to Sep 2026, 229 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in RM3?
- 5.9% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Sep 2026, 439 lets. +9.9% on the previous 12 months.
- How quickly do homes sell in RM3?
- 1.6% of the homes in RM3 changed hands over the 12 months to Mar 2026, 316 sales.
- What kind of homes are in RM3?
- RM3 has 19,390 homes, 0.5% laid out as houses in multiple occupation.
Construction costs Context for residential research
Sector and regional evidence. These figures are not a quote for an individual property.
Reading the cost index and the regional factors…
Everything else about RM3
- Property values in RM3Every addressable home with its floor area, tenure and last recorded sale.
- Land and development sites in RM3Registered land with its area, tenure and what stands on it.
- Houses and flats for sale in RM3What is on the market right now, with the evidence beside each asking price.
- Flats and houses to rent in RM3What is available to rent, with the recorded rent and yield beside each asking price.
- Sold house prices in RM3Registered completions from Price Paid, newest first.
- Planning applications in RM3What was proposed, who decided it and whether it was approved.
- Estate agents in RM3Who actually lists here, ranked by volume over 12 months.
Where these figures come from
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Residential dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| HMO-shaped dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| Sold price per m² | HM Land Registry Price Paid and portal listings, monthly rollup | 12 months to Jun 2026 | Jun 2026 | 327 sales |
| Sold price | HM Land Registry Price Paid and portal listings, monthly rollup | 12 months to Jun 2026 | Jun 2026 | 327 sales |
| Asking price | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 1,119 listings |
| Asking price per m² | Portal listings | 12 months to Sep 2026 | Sep 2026 | 601 listings |
| Asking to sold | Portal listings, monthly rollup | 12 months to Oct 2024 | Oct 2024 | 46 matched sales |
| Asking rent | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 229 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 439 lets |
| Turnover | MarketCode market evidence | 12 months to Mar 2026 | Mar 2026 | 316 sales |
| Completed sales | MarketCode market evidence | 12 months to Mar 2026 | Mar 2026 | 463 sales |
| Listings for sale | Portal listings | 12 months to Sep 2026 | Sep 2026 | 601 listings |
| New listings | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 747 listings |
| Price reductions | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 372 listings |
| Live listings | MarketCode market evidence | on 4 Nov 2026 | 4 Nov 2026 | — |
| Days to completion | First listing to registered completion, over the listings matched to a registered sale; not a sell-through rate | 12 months to Oct 2024 | Oct 2024 | 46 matched sales |
Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0.