Across the UK and here in Romford, the property market remains surprisingly active despite the issues at home and abroad. House prices are steady, buyers are still being selective, and the market itself is evolving.
While the headline is eye catching, this is not simply a story of rising numbers of homes for sale. It is a market slowly shifting shape in real time. Whether you are thinking of moving, actively searching, or simply keeping an eye on Romford house prices, the first third of 2026 has revealed several important trends homeowners should not ignore. So, let me start with the national picture, then look closer to home.
Looking at the year to date, the number of agreed UK property sales by Sunday, 3rd May 2026 was 5.3% lower than the same point a year earlier. On the face of it, that is bad news, isn’t it? Possibly, yet to put that into perspective, let me compare YTD 2026 with other years.
421,963 homes across the UK had been sold subject to contract to 3rd May 2026.
Compared to 445,484 to 3rd May in 2025. Where it’s interesting is when we look at previous years.
- 375,117 to 3rd May 2017/18/19
- 368,120 to 3rd May 2023
- 404,929 to 3rd May 2024
So yes, we are 5.3% down on last year but 4.2% ahead of 2024, 14.6% ahead of 2023 and 12.5% ahead of the pre-Covid averages of 2017/8/9.
Next, let us look at April on its own and see how this year compares with previous Aprils across the national property market.
Starting with the number of house sales agreed nationally.
- April 2023 - 93,535 sales agreed
- April 2024 - 108,958 sales agreed
- April 2025 - 107,816 sales agreed
- April 2026 - 107,222 sales agreed
Now, let us turn our attention to national house prices.
The average UK selling price stood at £358,101 in April 2023, rising to £361,888 in April 2024, dipping slightly to £361,113 in April 2025, before edging up again to £361,651 in April 2026. Overall, that represents only a modest 1% increase over the last three years.
Yet average selling prices only tell part of the story.
Another, and often more revealing way of measuring house price movement is by looking at the average price paid per square foot. On that measure, values have risen much more strongly, climbing from £333 per square foot in April 2023 to £340 in April 2024, £341 in April 2025 and then jumping to £352 in April 2026. That is growth of 5.7% over the same period.
So why the difference?
The answer lies in the type of homes selling. Smaller properties often achieve a higher price per square foot, as do many premium homes at the upper end of the market. Therefore, if a greater proportion of smaller and more expensive homes are selling, it can push the pound per square foot figure higher, even while the overall average selling price appears relatively flat.
In simple terms, headline house prices may look stable, but underneath the surface the composition of the market is changing.
Now we need to delve deeper into the Romford property market statistics.
Romford Property Market Stats
- In April 2023, 231 Romford homes sold STC, with an average selling price of £437,587 and a price of £476 per square foot for those homes.
- In April 2024, 276 Romford homes sold STC, with an average selling price in of £430,682 and a price per square foot of £470.
- In April 2025, 247 Romford homes sold STC, with an average selling price of £426,724 and a price of £468 per square foot for those homes.
- In April 2026, 241 Romford homes sold STC, with an average selling price of £451,912 and a price of £464 per square foot for those homes.
Next, the number of properties for sale in Romford.
- April 2023 – 1,271 Romford homes for sale
- April 2024 – 1,350 Romford homes for sale
- April 2025 – 1,401 Romford homes for sale
- April 2026 – 1,538 Romford homes for sale
Interestingly – it was 923 in April 2022 – meaning there are 67% more Romford homes for sale today than 4 years ago.
(Romford RM1 to RM7).
What does it all mean for Romford homeowners?
House prices are roughly stable; however, if you are selling, you face increased competition.
As I mention in many of my blog posts, just over half of Romford homes that come to market, end up selling and the homeowner moving (56.65% to be exact for Romford over the last two years and interesting when compared to the national average of 55.53%). The remaining homes being withdrawn from the market unsold and the homeowner having to put their home moving dreams on hold. This means that you only have roughly a one in two chance of selling if you put your home on the market. Therefore, accurate pricing is more critical than ever, and whilst it is the most important factor, it isn't the only factor.
The Romford homes attracting the strongest interest in today’s market are rarely there by accident. Often, they are the properties backed by exceptional marketing. Professional photography, video walkthroughs, virtual tours and carefully targeted social media exposure are no longer optional extras. They are now essential tools in helping a Romford home stand out in an increasingly competitive market. For sellers wanting to maximise interest and achieve the best possible price, presentation has become non-negotiable.
The reality is Romford’s property market has never been a simple, one direction market, and the first half of 2026 has proved that once again. In some parts of Romford, well priced homes are selling quickly and attracting strong interest. In other areas, buyers are negotiating harder, not just on price, but also on completion dates, incentives and even what stays in the property.
That is why flexibility has become such an important advantage.
Buyers willing to widen their search area slightly, rethink their priorities or act decisively are often uncovering opportunities others miss. Equally, Romford sellers who understand the subtle differences between neighbourhoods, property types and surrounding villages are placing themselves in a much stronger position when setting their asking price.
One of the biggest truths many people forget is that most sellers are also buyers. In fact, more than 8 in 10 Romford homeowners selling their property are simultaneously looking for their next move. That means securing an extra few thousand pounds on your sale is only one part of the equation. A sensible negotiation on your onward purchase can often outweigh any compromise made on your own selling price. Property moving is rarely about winning or losing. It is about balancing both sides of the move successfully.
Romford also does not operate in isolation. National trends, economic confidence and mortgage rates all influence the local market. Yet despite wider uncertainty over recent years, Romford has continued to show a quiet resilience. Success in Romford’s property market for the remainder of 2026 will come down to preparation and adaptability. Buyers need to have finance agreed and must be ready to act quickly when the right property appears. Sellers need realistic pricing, strong marketing and a strategy from day one.
There is still plenty of opportunity in the Romford property market. But the advantage will belong to those willing to work with the market as it really is, rather than how they hope it might be.
What are you seeing in the Romford market right now? Are you noticing the same trends, or something completely different?