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Market Insights, Upminster

Market Insights, Upminster

Upminster features a population density of 4.9 residents per hectare, indicating a lower density compared to the region at large. As of 2021, the community accommodated 28,187 residents, marking a moderate 4.3% population increase over the ten-year period from 2011 to 2021.

Demographically, Upminster has 12.3% of its population falling within the 35 to 44 age range, below the regional average. Housing dynamics show 23.5% of households consisting of single occupants, while 43.1% accommodate families with children.

Upminster can be characterised by lower population density than the regional average. With a range of homes and excellent road and rail links make Upminster an ideal home for both commuters and families alike.

upminster

"We love the unbeatable commuter links. Fenchurch Street in the heart of the city is as little as 20 minutes away and in addition, Upminster is the terminus of the District Line. What’s more the London Borough of Havering has no less than 3 Crossrail stations making connectivity to the city, West End and beyond even easier."

Charlotte Micallef, Sales Manager


Residential Sales Overview

Over the last 12 months the average sales price in Upminster was £567,314. The total value of sales was £164,744,530. 

17% of sales in the past 12 months were flats, achieving an average sales price of £311,477. Houses achieved an average price of £641,696. 

The highest value recorded by the Land Registry over the past 12 months was £850,000 for a flat and £2,500,000 for a house. 


Residential Lettings Overview

Over the last 12 months, the average rent achieved for homes let in Upminster was £1,645 per month. This is a +7% change on the previous 12 month period.

51% of homes let in the past 12 months were flats, achieving an average rental value of £1,463 per month. Houses achieved an average rent
of £1,870 per month.

23% of renters are aged between 25 and 29.


Investment Overview

A leafy suburb of Romford offering great road and rail links, high quality property stock and a wide range of local amenities. Upminster has historically been a ‘go to’ destination for investors seeking solid long-term returns. The train station operates both underground and overground services into London in under 30 minutes and the M25 is only a short drive away. The area also boasts excellent schools, leisure facilities and many local people work at the 2 major shopping centres or 2 hospitals which are all within easy reach.

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AREA GUIDE

Guide to living
in Upminster

Living in Upminster...

Guide to living
in Upminster

Living in Upminster...

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