Pay vs Place

Bromley vs Redbridge: buying or renting a home

A typical terraced house costs £35,000 (7%) more in Redbridge than in Bromley. Measured against local pay, buying is harder in Redbridge: it takes 12.3× median annual pay, against 10.1× in Bromley.

Bromley, terraced
£515,000
Income typically needed: £103,000
Median full-time pay: £51,225
Redbridge, terraced
£550,000
Income typically needed: £110,000
Median full-time pay: £44,851

At a glance

Bromley Redbridge
Buying a home Expensive Very expensive
Renting a home Expensive Very expensive
Recorded crime About average About average

Buying rates the typical price of all homes against median pay; renting rates a year of average rent against median pay; crime rates recorded crime per resident against the England and Wales average.

What the numbers say

Median full-time pay in Redbridge (£44,851) is 12% lower than in Bromley (£51,225), while a typical terraced house costs 7% more (£550,000 against £515,000). Set against local pay, Bromley is the easier of the two for a typical earner to buy in.

Buying a terraced house takes 10.1× annual pay in Bromley and 12.3× in Redbridge. Renting one takes 45% of pay in Bromley and 54% in Redbridge. Both are harder in Redbridge, and the gap is wider for buying.

Across all property types and measured against pay, Bromley is the 48th most expensive of 316 areas to buy in, and Redbridge is the 24th most expensive of 316 areas. For renting against pay, Bromley is the 88th most expensive of 316 areas and Redbridge is the 40th most expensive of 316 areas.

Someone on £40,000 in Bromley would need about £42,500 in Redbridge to be equally placed to buy a terraced house, and about £42,000 to be equally placed to rent one. Keeping the same pay after a move to Redbridge would leave you worse placed to buy. These figures compare housing costs only; they ignore other living costs and the pay you could earn in a new job.

Police recorded 69.1 crimes per 1,000 residents in Bromley and 74.3 in Redbridge, so recorded crime per resident is 8% higher in Redbridge. The biggest difference is in criminal damage and arson: 6.2 per 1,000 in Bromley against 4.5 in Redbridge.

Can a typical earner buy?

Terraced house Bromley Redbridge
Median full-time pay £51,225 £44,851
House price ÷ pay 10.1× 12.3×
Median pay as a share of income typically needed to buy 50% 41%
Rent a year as a share of median pay 45% 54%

Buying, by property type

Type Bromley Redbridge Difference
Semi-detached £625,000 £653,750 +5% in Redbridge
Terraced £515,000 £550,000 +7% in Redbridge
Flat £335,000 £310,250 -7% in Redbridge

Renting, by property type

Type (average rent a month) Bromley Redbridge Difference
Semi-detached £2,159 £2,176 +1% in Redbridge
Terraced £1,913 £2,017 +5% in Redbridge
Flat £1,511 £1,551 +3% in Redbridge

Crime

Police recorded 69.1 crimes per 1,000 residents in Bromley and 74.3 in Redbridge, so recorded crime per resident is 8% higher in Redbridge.

Police recorded crime per 1,000 residents Bromley Redbridge Difference
All recorded crime (excluding fraud) 69.1 74.3 +8% in Redbridge
Violence against the person 20.1 26.1 +29% in Redbridge
Sexual offences 2.3 2.4 +4% in Redbridge
Robbery 1.9 2.7 +40% in Redbridge
Residential burglary (per 1,000 households) 6.4 7.0 +9% in Redbridge
Vehicle offences 9.5 8.1 -15% in Redbridge
Theft from the person 1.6 3.6 +127% in Redbridge
Criminal damage and arson 6.2 4.5 -27% in Redbridge

Rates use resident population, so city centres and student areas show higher crime per resident than residents experience. Recorded crime also depends on reporting and police recording practice.

How prices have changed in each area

Average house price for all property types, indexed so that 2005 is 100. A line at 200 means prices have doubled.

Bromley: 212Redbridge: 223
House prices in Bromley and Redbridge since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Bromley now 212, Redbridge now 223.10015020025020052010201520202025House prices in Bromley and Redbridge since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Bromley now 212, Redbridge now 223.10015020025020102020
Show the figures
YearBromleyRedbridge
2005100100
2006104106
2007116118
2008116117
2009104103
2010113111
2011115116
2012118117
2013124121
2014145134
2015161152
2016178173
2017184181
2018185187
2019182182
2020181187
2021195200
2022210210
2023208209
2024204211
2025213221
12 months to July 2026212223

In 2005 the average home cost £243,927 in Bromley and £222,453 in Redbridge. Now it is £518,218 and £496,614: Bromley is up 112% and Redbridge is up 123%. Prices have risen faster in Redbridge, so the gap between the two has narrowed.

Buying a home against local pay, over time

Average house price divided by median full-time pay. Higher means harder to afford.

Bromley: 10.1 years of payRedbridge: 11.0 years of pay
Years of median pay needed to buy the average home in Bromley and RedbridgeBromley now 10.1, Redbridge now 11.0 years of pay.0×5×10×15×20052010201520202025Years of median pay needed to buy the average home in Bromley and RedbridgeBromley now 10.1, Redbridge now 11.0 years of pay.0×5×10×15×20052010201520202025
Show the figures
YearBromleyRedbridge
20057.9 years of pay8.0 years of pay
20108.0 years of pay7.3 years of pay
201510.7 years of pay9.4 years of pay
202010.1 years of pay11.4 years of pay
202510.1 years of pay11.0 years of pay

In 2005 a home cost 7.9 years of pay in Bromley and 8.0 years in Redbridge. In 2025 it was 10.1 years and 11.0 years.

Affordability has worsened more in Redbridge over that time.

How rents have changed in each area

Average monthly rent for all property types, indexed so that 2015 is 100.

Bromley: 145Redbridge: 158
Rents in Bromley and Redbridge since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Bromley now 145, Redbridge now 158.100120140160201620182020202220242026Rents in Bromley and Redbridge since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Bromley now 145, Redbridge now 158.100120140160201520202025
Show the figures
YearBromleyRedbridge
2015100100
2016104108
2017106114
2018106115
2019107117
2020109119
2021112120
2022117123
2023123129
2024133141
2025140154
August 2026145158

In 2015 the average rent was £1,163 a month in Bromley and £1,093 in Redbridge. Now it is £1,684 and £1,726: up 45% in Bromley and up 58% in Redbridge. Rents have risen faster in Redbridge.

What your salary is worth in each area

Salary needed to afford the same kind of home (terraced), going by median prices and average rents.

Moving from Bromley to Redbridge

Earning in Bromley Equivalent to buy in Redbridge Equivalent to rent in Redbridge
£30,000 £32,000 £31,500
£40,000 £42,500 £42,000
£50,000 £53,500 £52,500
£60,000 £64,000 £63,500

Moving from Redbridge to Bromley

Earning in Redbridge Equivalent to buy in Bromley Equivalent to rent in Bromley
£30,000 £28,000 £28,500
£40,000 £37,500 £38,000
£50,000 £47,000 £47,500
£60,000 £56,000 £57,000
Prices are medians for each property type over the last 12 months of registered sales; types with fewer than 100 sales in either area are left out. Rents are ONS averages for the area. Pay is the median for full-time employees living in the area, before tax. Income needed is illustrative: it assumes a 10% deposit and a lender willing to lend 4.5 times income. Real lending depends on your circumstances. Salary equivalents compare housing costs only, not other living costs, tax or the pay you could earn in a new job.

All Bromley figures · All Redbridge figures