Housing Market Analysis for RIVERSIDE CLOSE, RM1 1EQ

Are you looking to understand RM1 1EQ house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Havering postcode.

For the location information and nearby amenities in the RM1 1EQ area, explore the RM1 1EQ Area information page.
For comprehensive crime statistics in the RM1 1EQ area, explore the RM1 1EQ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the RM1 1EQ postcode area, The average prices are as follows,

Flat
- The average price is around £220,791 median price is £214,500 Standard Deviation is £23,880 with Total Sold: 27
- The Last 5 Year average price is £274,750 with Total Sold: 2
- The most recent sale happened at this postcode is FLAT 11, DERWENT COURT RIVERSIDE CLOSE: £277,500 (Sold on 08 Aug 2022)
- The first recorded sale happened at this postcode is FLAT 8, DERWENT COURT RIVERSIDE CLOSE: £272,000 (Sold on 12 Sep 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average RM1 1EQ house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£277,500	£4,476	1
2019	£240,000	£4,313	1
2018	£270,000	£5,192	1
2016	£272,000	£4,387	1
2015	£220,000	£3,515	3
2014	£218,500	£3,774	1
2007	£208,408	£3,666	18
2024	£272,000		1

All the Sales in the RIVERSIDE CLOSE, RM1 1EQ

See the table below for more details on the sold house prices in the RM1 1EQ, Havering postcode.

Address	Sold Date	Price	% Change
FLAT 11, DERWENT COURT RIVERSIDE CLOSEFlat, LeaseholdArea: 62 Sq.mtrAge: 2003-2006	08 Aug 2022	£277,500	2.02%
	24 Oct 2016	£272,000	26.81%
	18 May 2007	£214,500	First Sale
FLAT 1, DERWENT COURT RIVERSIDE CLOSEFlat, LeaseholdArea: 55.64 Sq.mtrAge: 2007 onwards	31 Oct 2019	£240,000	20.03%
	18 May 2007	£199,950	First Sale
FLAT 3, DERWENT COURT RIVERSIDE CLOSEFlat, LeaseholdArea: 52 Sq.mtrAge: 2003-2006	13 Aug 2018	£270,000	27.06%
	18 May 2007	£212,500	First Sale
FLAT 10, DERWENT COURT RIVERSIDE CLOSEFlat, LeaseholdArea: 65.52 Sq.mtrAge: 2003-2006	14 Aug 2015	£220,000	4.76%
	18 May 2007	£210,000	First Sale
FLAT 14, DERWENT COURT RIVERSIDE CLOSEFlat, LeaseholdArea: 64 Sq.mtrAge: 2003-2006	03 Jul 2015	£230,000	15.03%
	25 May 2007	£199,950	First Sale
FLAT 7, DERWENT COURT RIVERSIDE CLOSEFlat, LeaseholdArea: 58.46 Sq.mtrAge: 2007 onwards	14 May 2015	£210,000	6.33%
	18 May 2007	£197,500	First Sale
FLAT 18, DERWENT COURT RIVERSIDE CLOSEFlat, LeaseholdArea: 57.9 Sq.mtrAge: 2007 onwards	29 Aug 2014	£218,500	-0.68%
	25 May 2007	£220,000	First Sale
FLAT 17, DERWENT COURT RIVERSIDE CLOSEFlat, LeaseholdArea: 62 Sq.mtrAge: 2003-2006	05 Jun 2007	£220,000	First Sale
FLAT 9, DERWENT COURT RIVERSIDE CLOSEFlat, LeaseholdArea: 63 Sq.mtrAge: 2003-2006	25 May 2007	£210,000	First Sale
FLAT 13, DERWENT COURT RIVERSIDE CLOSEFlat, LeaseholdArea: 56 Sq.mtrAge: 2003-2006	25 May 2007	£199,950	First Sale
FLAT 15, DERWENT COURT RIVERSIDE CLOSEFlat, LeaseholdArea: 60 Sq.mtrAge: 2003-2006	25 May 2007	£215,000	First Sale
FLAT 16, DERWENT COURT RIVERSIDE CLOSEFlat, LeaseholdArea: 62 Sq.mtrAge: 1983-1990	25 May 2007	£215,000	First Sale
FLAT 12, DERWENT COURT RIVERSIDE CLOSEFlat, LeaseholdArea: 61 Sq.mtrAge: 2003-2006	18 May 2007	£214,500	First Sale
FLAT 2, DERWENT COURT RIVERSIDE CLOSEFlat, LeaseholdArea: 30.36 Sq.mtrAge: 2003-2006	18 May 2007	£197,500	First Sale
FLAT 5, DERWENT COURT RIVERSIDE CLOSEFlat, LeaseholdArea: 65 Sq.mtrAge: 2003-2006	18 May 2007	£217,500	First Sale
FLAT 6, DERWENT COURT RIVERSIDE CLOSEFlat, LeaseholdArea: 56.86 Sq.mtrAge: 2007 onwards	18 May 2007	£200,000	First Sale
FLAT 4, DERWENT COURT RIVERSIDE CLOSEFlat, Leasehold	18 May 2007	£210,000	First Sale
FLAT 8, DERWENT COURT RIVERSIDE CLOSEFlat, LeaseholdArea: 60 Sq.mtrAge: 1991-1995	18 May 2007	£197,500	-27.39%
	12 Sep 2024	£272,000	First Sale

Check out the sold house prices near the RM1 1EQ postcode. Properties currently for saleProperties currently for rent

RIVERSIDE CLOSE, RM1 1EQ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the RM1 1EQ postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the RM1 1EQ postcode.

Flat
- The average price is around £171,703 median price is £169,950 Standard Deviation is £160,662 with Total Sold: 1,233
- The Last 5 Year average price is £230,966 with Total Sold: 201
- The most recent sale happened at this postcode is FLAT 8, DERWENT COURT RIVERSIDE CLOSE: £272,000 (Sold on 12 Sep 2024)
- The first recorded sale happened at this postcode is , 14 BARKWOOD CLOSE: £41,000 (Sold on 27 Jan 1995)
Semi-Detached
- The average price is around £251,788 median price is £220,000 Standard Deviation is £215,953 with Total Sold: 820
- The Last 5 Year average price is £538,022 with Total Sold: 90
- The most recent sale happened at this postcode is , 82 SEYMER ROAD: £518,500 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 15 LINDEN STREET: £82,000 (Sold on 03 Jan 1995)
Terraced
- The average price is around £220,576 median price is £206,250 Standard Deviation is £124,906 with Total Sold: 1,082
- The Last 5 Year average price is £415,704 with Total Sold: 135
- The most recent sale happened at this postcode is , 5 POPLAR STREET: £465,200 (Sold on 01 Aug 2024)
- The first recorded sale happened at this postcode is , 118 SEYMER ROAD: £53,500 (Sold on 17 Feb 1995)
Detached
- The average price is around £360,567 median price is £331,000 Standard Deviation is £196,199 with Total Sold: 143
- The Last 5 Year average price is £552,234 with Total Sold: 32
- The most recent sale happened at this postcode is , 69 MILDMAY ROAD: £425,000 (Sold on 28 Feb 2024)
- The first recorded sale happened at this postcode is , 2 CHERRY STREET: £98,000 (Sold on 17 Feb 1995)
Other
- The average price is around £998,904 median price is £405,000 Standard Deviation is £1,621,667 with Total Sold: 61
- The Last 5 Year average price is £1,000,169 with Total Sold: 26
- The most recent sale happened at this postcode is , 01-Mar MARKET PLACE: £985,638 (Sold on 13 Dec 2023)
- The first recorded sale happened at this postcode is , COBORN ENGINEERING CO LTD CHESHAM CLOSE: £375,000 (Sold on 19 Jun 2014)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£252,000		8
2023	£215,250	£4,398	22
2022	£232,114	£4,675	96
2021	£243,721	£4,475	51
2020	£206,667	£4,174	24
2019	£240,574	£4,856	49
2018	£208,222	£4,702	41
2017	£212,575	£3,989	52
2016	£209,685	£4,022	63
2015	£286,676	£3,568	54
2014	£171,656	£3,112	48
2013	£143,357	£2,982	28
2012	£138,500	£2,648	21
2011	£117,618	£2,498	19
2010	£135,900	£2,752	15
2009	£137,603	£2,791	40
2008	£190,292	£4,008	37
2007	£188,784	£3,416	190
2006	£152,688	£3,136	55
2005	£134,696	£2,789	23
2004	£142,572	£2,734	46
2003	£127,096	£2,667	32
2002	£97,600	£2,105	25
2001	£108,890	£2,072	56
2000	£63,140	£1,301	31
1999	£50,015	£1,054	27
1998	£49,490	£1,094	21
1997	£45,377	£960	18
1996	£38,560	£813	28
1995	£35,692	£833	13

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£507,350	£4,652	10
2023	£496,214	£5,110	14
2022	£493,625	£5,368	20
2021	£624,775	£6,574	35
2020	£423,804	£4,461	11
2019	£415,110	£4,110	25
2018	£410,403	£4,213	33
2017	£424,905	£4,056	21
2016	£398,113	£3,852	31
2015	£330,942	£3,506	26
2014	£291,518	£2,939	28
2013	£255,120	£2,635	25
2012	£248,306	£2,570	18
2011	£236,308	£2,454	18
2010	£226,554	£2,544	19
2009	£237,560	£2,170	20
2008	£256,029	£2,555	17
2007	£265,361	£2,544	36
2006	£243,376	£2,766	32
2005	£206,756	£2,170	24
2004	£193,935	£2,216	31
2003	£198,374	£2,076	48
2002	£168,743	£1,651	41
2001	£142,644	£1,347	33
2000	£118,098	£1,273	30
1999	£98,155	£967	51
1998	£89,783	£864	28
1997	£73,567	£753	31
1996	£75,703	£720	36
1995	£73,250	£755	28

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£448,744		9
2023	£443,405	£4,676	21
2022	£459,274	£4,945	31
2021	£399,690	£4,527	41
2020	£368,030	£4,063	33
2019	£373,061	£4,182	26
2018	£379,619	£4,020	42
2017	£374,718	£4,196	37
2016	£345,948	£4,203	29
2015	£293,095	£3,313	39
2014	£261,862	£2,896	40
2013	£229,930	£2,605	29
2012	£231,660	£2,433	25
2011	£205,444	£2,366	18
2010	£224,813	£2,426	35
2009	£196,932	£2,449	22
2008	£234,410	£2,690	29
2007	£234,926	£2,426	43
2006	£207,532	£2,350	55
2005	£195,209	£2,300	43
2004	£184,430	£1,918	38
2003	£182,033	£1,938	29
2002	£138,924	£1,623	59
2001	£120,587	£1,428	55
2000	£100,211	£1,065	38
1999	£84,656	£933	41
1998	£78,149	£896	39
1997	£67,562	£808	42
1996	£61,719	£633	53
1995	£60,462	£648	41

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£425,000		1
2023	£527,833	£4,606	6
2022	£630,111	£4,529	9
2021	£531,808	£4,929	13
2020	£498,333	£4,292	3
2019	£429,000	£3,880	2
2018	£510,900	£6,227	5
2017	£622,857	£4,878	7
2016	£598,333	£3,534	3
2015	£417,000	£3,707	5
2014	£329,000	£3,171	7
2013	£358,713	£2,525	6
2012	£318,750	£2,772	3
2011	£276,667	£2,835	3
2009	£227,500	£3,833	2
2008	£297,749	£2,527	4
2007	£262,938	£2,535	8
2006	£357,600	£2,723	5
2005	£227,500		1
2004	£313,219	£3,528	8
2003	£289,000	£1,889	2
2002	£253,444	£1,580	9
2001	£219,100	£1,727	5
2000	£255,360	£1,383	5
1999	£147,500	£1,082	2
1998	£154,375	£819	4
1997	£113,699	£1,016	5
1996	£94,500	£987	3
1995	£104,143	£816	7

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£498,546		3
2022	£1,629,400	£3,661	5
2021	£865,861	£5,453	9
2020	£952,111		9
2019	£1,404,624	£2,278	8
2018	£658,571	£952	7
2017	£2,129,321	£4,805	7
2016	£255,929		7
2015	£427,500	£9,231	4
2014	£337,500		2

House Type in RM1 1EQ area

The most common house types in the RM1 1EQ postcode area are Flat (107), Semi-detached (43), and Terraced (30).

Total	199
Flat	107
Semi-detached	43
Terraced	30
Detached	12
Shared house	5
converted building	2
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (54), and Private rented: Private landlord or letting agency (53).

Owned: Owns with a mortgage or loan	54
Private rented: Private landlord or letting agency	53
Social rented: Other social rented	48
Owned: Owns outright	31
Social rented: Rents from council or Local Authority	10
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the RM1 1EQ have 2 people in household (62), and 1 person in household (47).

2 people in household	62
1 person in household	47
3 people in household	45
4 people in household	36
5 people in household	4
6 people in household	3
7 people in household	3
0 people in household	0
8 or more people in household	0