RM11 (Havering) Price trends


Growth rate
National
5yr house price growth
60.08%
3.50%
5yr house price CAGR
8.16%
3.71%
Last 12 months house price growth
9.90%
3.50%



Market characteristics
Market size Indicator: no. of transactions
12,074
194,647
Market size Indicator: total no. of properties
13,194
219,998
Market liquidity Indicator: transactions / properties
91.51%
88.48%
Market growth indicator: new homes built
589
19,111
Market growth indicator: new builds / transactions
0.00%
9.82%

Notes


CAGR: Compound Annual Growth Rate is the year-over-year growth rate of house prices over a specified period of time (in this case five years). This figure gives an indication of the returns that have been seen historically. It can also be seen as a "smoothed" rate of return.

Data sources: Total number of properties: ONS 2011 Census data. Other data: HM Land Registry. Land Registry data is updated quarterly and dates back to January 1995.

No. of transactions: This is the count of all transactions in the relevant geographic segment since 1st January 1995 as recorded by Land Registry.

No. of properties: This is the count of all residential properties in the relevant geographic segment.

New homes built: This is the count of all new build transactions in the relevant geographic segment since 1st January 1995 as recorded by Land Registry.