How the Mansion Tax Will Impact London Homeowners and Buyers
The UK government first announced plans for a ‘mansion tax’ in the November 2025 Budget and the October 2026 Autumn Budget confirmed
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At Sandra Davidson we provide a wide range of residential property services as an estate agency in Havering. This includes our rent guarantee scheme, where landlords receive a fixed monthly income for up to 5 years, which benefits landlords and tenants alike – removing the troubles of finding tenants, void periods or rent arrears.
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The London Borough of Havering is the most easterly London borough and sit between the urban mass of the city and the rural countryside of Essex. Its principle town is Romford, other local areas are Hornchurch, Upminster, Collier Row and Rainham. The southern edge of the borough fronts onto the River Thames. Settling in Havering dates back to Anglo-Saxon times when Havering Palace was a primary royal residence.
The modern development of the borough was spurred on by the building of the railway lines through Havering from Liverpool Street and Fenchurch Street in the late 19th century. In the 1930s the District Line was extended to Upminster and resulted in a new wave of development. Starting in 1948 large housing estates were built in the north of the borough to help deal with housing shortages following the end of World War II.
Havering offers its residents a quiet, calm lifestyle with plenty of open space, good schools and excellent shopping facilities.
As one of the most affordable boroughs in London, house prices here significantly lower than the London average which makes Havering popular with first time buyers, young families and retired couples.
Professionals are drawn to the bustling centres of Hornchurch and Romford, while Gidea Park and the village of Havering–atte-Bower are a top choice for those seeking more country charm. The latter is particularly appealing, with a historic atmosphere and traditional cottages overlooking the Essex fields.
Get expert guidance on Havering and the surrounding areas from Sandra Davidson (we also offer free valuations for those thinking of selling in the area).
Family-friendly Havering offers parents an appealing choice of schools for both primary and secondary aged children. There are too many to list – but take a look at this local schools portal here for an exhaustive overview.
You’ll find many establishments rated outstanding by Ofsted, and many private institutions which offer a highly competitive education as well.
For commuters, the borough of Havering allows quick access both into central London and further into Essex.
By train..
Havering is served by the district line, the borough has 4 underground stations all within fare zone 6.
TFL Rail services from Romford, Harold Wood and Gidea Park offer journeys to destinations including Stratford, London Liverpool Street and Brentwood.
Cross Rail brought three new stations on the Elizabeth line linking Havering to the City of London, West End and Canary Wharf with journey times of around 30 minutes.
By bus…
There are two main radial bus routes in the borough—the 5 and 86—which connect Romford with the hubs of Stratford and Canning Town, both of which have corresponding night services.
By road…
For those travelling by car, main roads through the borough include the A12 and A127, while the London Orbital M25 stretches along the eastern border of the borough, making travel around and out of London simple and straightforward.
Retail activity is concentrated around Romford which is one of the largest retail centers in London. In the Romford Shopping Hall, Liberty Shopping Centre and on the High Street, you’ll find an array of well-known brands as well as quirky independent boutiques. Romford is also home to the famous Romford Market, which began in 1247 and continues to sell fresh produce, furniture, clothes and more across its 150 stalls.
Much of the London Borough of Havering is part London’s Green Belt, and as a result over 50% of Havering is parkland. Among the many beautiful parks to explore are Havering County Park, Raphael Park and Bedfords Park.
There are also two cinemas, the Vue and the Premiere, both of which are located in Romford.
There is a good selection of leisure complexing in Havering, including the Central Park Leisure Complex, Hornchurch Sports Complex and Chafford Sports Complex as well as several privately run complexs.
Property styles in Havering: Havering’s housing stock spans several distinct eras across its towns. Interwar and post-war semi-detached houses form the backbone of Hornchurch, Gidea Park and Elm Park, while Upminster, Cranham and the borough’s rural fringe hold a higher share of detached homes on wider plots. Gidea Park was designated a conservation area in 1970 for the Garden Suburb built under Sir Herbert Raphael in the early twentieth century, with houses by well known architects of the day set within generous grounds. Harold Hill and Harold Wood include more ex-council terraces and maisonettes, giving buyers a wider spread of budgets across the borough.
Emerson Park holds some of Havering’s highest value streets, with addresses such as Parkstone Avenue and Freeman Way home to detached houses selling for £1.5 million and above. Upminster and Cranham hold the largest concentration of detached houses on generous plots, while terraced Victorian and Edwardian streets close to Romford and Gidea Park stations remain popular with first time buyers.
Developments: Havering’s council-led 12 Sites programme, delivered with Wates Residential in a £1.5 billion joint venture, is bringing more than 3,500 new homes to the borough. The Waterloo Estate regeneration in Romford is the largest of these, set to deliver 1,380 homes alongside commercial space and a new village green, with planning approval for its latest phase granted in February 2026. In Rainham, the Beam Park scheme has completed over 1,150 homes across its first two phases, plus a new primary school which opened in November 2025. Angel Way in Romford town centre is adding a further 106 homes.
Property prices: The average sold property price across Havering is £470k over the past year, according to Rightmove, while the ONS puts the average house price at £453k as of May 2026, up 2.8% on the year. Semi-detached houses, the borough’s most common property type, sold for an average of £537k, terraced houses for £450k and flats for £263k.
Rental market: Average monthly rent in Havering reached £1,563 in June 2026, according to the ONS, a rise of 2.7% on the previous year and a steeper increase than the London-wide figure of 2.2%. Three bedroom properties saw the largest annual rise at 3.0%, while four or more bedroom rents grew by 2.2%. Terraced rents rose faster than detached rents, at 2.9% against 2.1%. Havering remains one of the more affordable boroughs for tenants, with rents typically well below the London average of £2,302 a month, a gap that continues to draw commuters priced out of inner London and supports steady demand for landlords letting property here.
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