We
2023 January - December
Property Marketing Insights
Est 1968
Our Beresfords Property Marketing Insights Report for Upminster provides you with area statistics, a review of the Residential Sales and Lettings Market over the last 12 months, and also gives you an insight into property prices in the area over a six year period. Interested in Upminster? Read on for more information.
Upminster tel | 01245 397499
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Area Insights | Upminster
Area Insights - Upminster Upminster exhibits a distinctive demographic profile, featuring 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 presents notable characteristics, with 12.3% of its population falling within the 35 to 44 age range, below the regional average. Housing dynamics further contribute to this distinctiveness, with 23.5% of households consisting of single occupants, while 43.1% accommodate families with children.
Economically, the most predominant industry of employment in Upminster is public administration, education, and health, constituting 26.2% of the working-age population. This underscores the community’s strategic emphasis on sectors integral for public welfare and civic services. In summary, Upminster distinguishes itself with a discernible demographic composition, characterised by lower population density, a specific age distribution, and a strategic focus on key employment sectors. These factors contribute to making Upminster an ideal home for both commuters and families.
Upminster Residential Sales Overview •
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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.
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 Branch Manager beresfords.co.uk
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Sales | Upminster
Average Sales Prices The chart below shows the average sales prices in Upminster for all properties from January 2018 (£472,920) to October 2023 (£558,236).
Change in prices compared to July 2022
Beresfords 2023 Statistics
15,171
384,652
New buyers registered
Unique visitors to our website
99% of asking price achieved
15,851 New tenants registered
beresfords.co.uk
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Lettings | Upminster
Upminster 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.
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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.
Below shows the average rental figures achieved in Upminster by property type.
Below shows the average rental figures achieved in Upminster by property type.
Independent Mortgage & Protection Advisers
Let Flagstone do the work! At Flagstone we like to build relationships and love nothing more than helping returning clients with their ongoing mortgage and protection needs. To find out how Flagstone can help you, call to book your FREE appointment on:
01245 955749 beresfords.co.uk