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Retirement in Havering

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Havering offers a 32% above average cost of living compared to the UK average. With average house prices at £441,241 and annual living costs of £50,160, here's what you need to know about retiring comfortably in Havering.

About Retirement Planning in Havering

Havering has an average house price of £441,241, which is 50% higher than the UK average of £295,000 (ONS UK House Price Index, March 2026).

Annual living costs in Havering are estimated at £50,160, above the UK average of £38,000, reflecting the local cost of living in London.

The local property market offers a range of options for retirees, from flats to family homes, at prices reflecting local demand and supply.

Data sources: ONS UK House Price Index, ONS Family Spending Survey, Land Registry.

Your Havering Retirement Number

Annual Living Costs

per year

State Pension

£12,548

£12,548/yr at age 67

Gap to Fund

£37,612

Annual costs − State Pension

Retirement Number

£940,300

25× gap (4% rule)

This does not include your primary residence

Safe Withdrawal Rate:%

4% = worst case5% = optimised6% = more aggressive

Based on 4% withdrawal rate · Assuming retirement at state pension age · Havering cost of living data · UK State Pension 2026/27

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Explore Other Locations in London

Location	Region	Avg House Price	Living Costs	Avg retirement number @ 4% SWR	Avg total net worth required
How much do you need to retire in Barking and Dagenham	London	£360,679	£50,160	£940,300	£1,300,979
How much do you need to retire in Barnet	London	£588,293	£50,160	£940,300	£1,528,593
How much do you need to retire in Bexley	London	£410,445	£50,160	£940,300	£1,350,745
How much do you need to retire in Brent	London	£538,452	£50,160	£940,300	£1,478,752
How much do you need to retire in Bromley	London	£518,311	£50,160	£940,300	£1,458,611
How much do you need to retire in Camden	London	£772,336	£50,160	£940,300	£1,712,636
How much do you need to retire in Croydon	London	£388,821	£50,160	£940,300	£1,329,121
How much do you need to retire in Ealing	London	£566,930	£50,160	£940,300	£1,507,230
How much do you need to retire in Enfield	London	£464,044	£50,160	£940,300	£1,404,344
How much do you need to retire in Greenwich	London	£465,960	£50,160	£940,300	£1,406,260
How much do you need to retire in Hackney	London	£611,039	£50,160	£940,300	£1,551,339
How much do you need to retire in Hammersmith and Fulham	London	£730,674	£50,160	£940,300	£1,670,974
How much do you need to retire in Haringey	London	£646,557	£50,160	£940,300	£1,586,857
How much do you need to retire in Harrow	London	£530,414	£50,160	£940,300	£1,470,714
How much do you need to retire in Hillingdon	London	£470,887	£50,160	£940,300	£1,411,187
How much do you need to retire in Hounslow	London	£509,325	£50,160	£940,300	£1,449,625
How much do you need to retire in Islington	London	£679,463	£50,160	£940,300	£1,619,763
How much do you need to retire in Kensington and Chelsea	London	£1,256,680	£50,160	£940,300	£2,196,980
How much do you need to retire in Kingston upon Thames	London	£572,759	£50,160	£940,300	£1,513,059
How much do you need to retire in Lambeth	London	£554,128	£50,160	£940,300	£1,494,428
How much do you need to retire in Lewisham	London	£489,602	£50,160	£940,300	£1,429,902
How much do you need to retire in London	London	£594,961	£50,160	£940,300	£1,535,261
How much do you need to retire in Merton	London	£601,401	£50,160	£940,300	£1,541,701
How much do you need to retire in Newham	London	£384,258	£50,160	£940,300	£1,324,558
How much do you need to retire in Redbridge	London	£500,969	£50,160	£940,300	£1,441,269
How much do you need to retire in Richmond upon Thames	London	£785,897	£50,160	£940,300	£1,726,197
How much do you need to retire in Southwark	London	£564,359	£50,160	£940,300	£1,504,659
How much do you need to retire in Sutton	London	£450,859	£50,160	£940,300	£1,391,159
How much do you need to retire in Tower Hamlets	London	£458,392	£50,160	£940,300	£1,398,692
How much do you need to retire in Waltham Forest	London	£528,353	£50,160	£940,300	£1,468,653
How much do you need to retire in Wandsworth	London	£672,069	£50,160	£940,300	£1,612,369
How much do you need to retire in Westminster	London	£844,095	£50,160	£940,300	£1,784,395

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