# Rainham Property Market Summary
Rainham represents a notably affordable segment of the property market, with a current average price of £241,338 across 8,371 properties—significantly below the UK average. This discrepancy with the yearly average prices suggests a diverse housing stock, likely dominated by flats and terraced properties at the lower end, alongside a smaller number of more expensive family homes. The area has demonstrated consistent market activity, with sales volumes peaking at 1,000 transactions in 2021 during the pandemic property boom, before normalising to around 500-520 sales annually in recent years.
Price trends in Rainham have been notably volatile, with average sale prices fluctuating between £346,055 and £592,524 over recent years. The dramatic spike in 2018 and the limited 2026 data (just 6 sales averaging £641,667) likely reflect high-value outlier properties rather than genuine market trends. More reliably, the 2023-2025 period shows prices stabilising in the £390,000-£410,000 range, suggesting the market has found a consistent level after post-pandemic adjustments. This volatility indicates that Rainham's property landscape includes distinct sub-markets, making it essential for buyers to focus on property type and specific location rather than area-wide averages.
The average house price in Rainham, Greater London is £241,338. Prices range from £100 to £23,835,000.
There are 8,371 properties in Rainham with 10,139 recorded transactions since 1995.
The median house price in Rainham is £198,000, compared to an average of £241,338.
Rainham has 3,445 terraced properties, 2,373 semi-detached properties, 1,329 flat / maisonette properties, 1,046 detached properties.
Average house prices in Rainham have risen by 1015.4% from £57,527 in 1995 to £641,667 in 2026.
The most popular streets in Rainham by number of properties include Wennington Road, Rainham Road, Mungo Park Road, South End Road, Upminster Road South.
Rainham is located in Greater London, in the Havering district.