Market outlook for RM19
Key indicators for buyers
The RM19 market is moderately favourable for buyers. Prices have softened (-90.5%), which could present a buying opportunity. Affordability has improved from a peak of 10.4x in 2021 to 8.7x today. Rising rents (£1,341/mo, +6.7%) mean the cost of waiting is real.
Price trends
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
House price ÷ median earnings · ONS data
Affordability data shown for wider Thurrock area
A home in Thurrock costs 8.7x the local median salary — stretched, improving from a peak of 10.4x in 2021.
Rental trends
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Thurrock area
Average monthly rent in Thurrock is £1,341, up 6.7% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Thurrock price of £200,250 with a 25% deposit (£50k), a 2-year fixed mortgage at 3.97% costs around £790 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses RM19 avg. price with Thurrock rental data
Monthly mortgage payments (£790) are £551 less than renting (£1,341). However, buying requires an upfront deposit of £50k — it would take around 4 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
123, CASPIAN WAY RM19 1LA | Flat/Maisonette | £223,000 | 23 Jan 2026 |
119, KENDAL RM19 1LL | Flat/Maisonette | £177,500 | 13 Jan 2026 |
FLAT 1, DUNNOSE COURT, LINNET WAY RM19 1TF | Flat/Maisonette | £110,000 | 19 Dec 2025 |
118, KENDAL RM19 1LL | Flat/Maisonette | £220,000 | 19 Dec 2025 |
23, KESWICK GARDENS RM19 1PJ | Terraced | £383,000 | 19 Dec 2025 |
154, CASPIAN WAY RM19 1LF | Terraced | £380,000 | 9 Dec 2025 |
9, ULVERSTON RM19 1SW | Flat/Maisonette |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.