Affordability is a key topic when it comes to housing. There is a desperate need for more affordable homes in various parts of the UK. People also tend to target areas where their money can go further. That’s true for buyers, investors, and renters. If you target London, it is even more important to look at different areas. We want to do that today, focusing on one of the best areas. Then, if you need help with things like guaranteed rent in Havering, we can work with you.

New data

As we’ve probably given away, we’re going to look at Havering. New data from Zoopla showcases how affordable housing is in the four main towns. It also finds that overall the borough is fifth in terms of affordability. The average house price is £467,000, significantly below the average for London.

Romford

Starting off with the most affordable area in Havering, we have Romford. According to Zoopla’s data, the median house price is £442,200. As a result, it’s the best choice for people who want to make their money go further.

There’s a lot to love about Romford. It’s a down to earth, classically suburban area. There are plenty of amenities because the town centre is a significant commercial hub. Locals appreciate the good schools and fantastic green spaces. Additionally, it is a very convenient area for commuters thanks to Tube services on the Elizabeth Line. Discuss guaranteed rent in Havering with us.

Rainham

Narrowly missing out on the top spot is Rainham. The figures give it a median house price of £445,500. Therefore, in terms of affordability there is not much difference between the two spots.

The interesting thing about Rainham is it is more rural and has more history. It has some good amenities, including options for shopping, but it isn’t the hub that Romford is. However, it is greener and quieter. Nature lovers will be very happy here thanks to the Marshes nature reserve. Connectivity is pretty good too, especially with the local train station.

Hornchurch

Third on the list is Hornchurch. The median house price here is £528,100, above the average for the borough. So, it’s a less affordable area in this sense but still has good affordability if you compare to London as a whole.

The extra cost to live in Hornchurch is worth it for many people. It has a great reputation thanks to the lovely community and villagey feel. It’s especially loved by families due to the quiet neighbourhoods and good schools. Locals also love the fact it is easy to get into Central London and Essex. Contact us if you want to arrange guaranteed rent in Havering.

Upminster

We finally arrive at the area with the highest house prices in Havering. Upminster has a median value of £628,800. It’s one of the most up-market and desirable areas in East London.

While the house prices do mean affordability can be a concern, the area provides a fantastic quality of living. In fact, it doesn’t lack in any sense. It’s a safe area with great amenities, excellent connectivity, and plenty of green space. It appeals to families because it has some of the best schools.

Speak to us about guaranteed rent in Havering

As you can see, there are big differences in affordability in the four main towns in Havering. There are areas where your money can go further and others where you need to pay more. All four have plenty to offer, so think carefully about whether Romford, Rainham, Hornchurch, or Upminster work for you.

Homes in various parts of Havering can be incredible assets for investors. There can be high demand from renters. If you invest and want to protect your finances, we have some services you should definitely have a look at. Crucially, we are one of the leading experts on guaranteed rent in Havering. It’s a fantastic arrangement offering convenience and a set rental payment every month with no interruptions.

So, if you want to learn more, please speak to us.