Housing Market Analysis for PEASE CLOSE, RM12 5AW

Are you looking to understand RM12 5AW 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 RM12 5AW area, explore the RM12 5AW Area information page.
For comprehensive crime statistics in the RM12 5AW area, explore the RM12 5AW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the RM12 5AW postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £176,099 median price is £158,000 Standard Deviation is £113,064 with Total Sold: 15
    • The Last 5 Year average price is £400,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 2 PEASE CLOSE: £450,000 (Sold on 17 Jun 2022)
    • The first recorded sale happened at this postcode is 3 PEASE CLOSE: £65,000 (Sold on 09 Jan 1995)
  • Terraced
    • The average price is around £375,000 median price is £375,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 9A PEASE CLOSE: £375,000 (Sold on 22 Oct 2018)
    • The first recorded sale happened at this postcode is 9A PEASE CLOSE: £375,000 (Sold on 22 Oct 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average RM12 5AW 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£450,000 £4,737 1
2021£350,000 £5,249 1
2014£320,000 £3,368 1
2011£177,000 £3,048 1
2008£200,0001
2007£202,0001
2006£185,000 £2,342 1
2003£158,000 £2,000 1
2002£113,000 £1,980 2
2000£129,995 £1,368 1
1999£83,500 £1,438 1
1997£51,9951
1995£54,000 £1,119 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£375,000 £4,747 1

All the Sales in the PEASE CLOSE, RM12 5AW

See the table below for more details on the sold house prices in the RM12 5AW, Havering postcode.

AddressSold DatePrice% Change
2 PEASE CLOSESemi-Detached, FreeholdArea: 95 Sq.mtrAge: 1983-199017 Jun 2022£450,00040.62%
05 Aug 2014£320,000146.16%
11 Jan 2000£129,995First Sale
5 PEASE CLOSESemi-Detached, FreeholdArea: 66.68 Sq.mtrAge: 1983-199028 May 2021£350,000First Sale
9A PEASE CLOSETerraced, FreeholdArea: 79 Sq.mtr22 Oct 2018£375,000First Sale
3 PEASE CLOSESemi-Detached, FreeholdArea: 58.08 Sq.mtrAge: 1983-199009 Sep 2011£177,00053.91%
22 Feb 2002£115,00037.72%
26 Jul 1999£83,50028.46%
09 Jan 1995£65,000First Sale
4 PEASE CLOSESemi-Detached, Freehold25 Jul 2008£200,00080.18%
02 Jan 2002£111,000First Sale
6 PEASE CLOSESemi-Detached, Freehold28 Aug 2007£202,000First Sale
10 PEASE CLOSESemi-Detached, LeaseholdArea: 79 Sq.mtrAge: 1983-199029 Nov 2006£185,00017.09%
17 Oct 2003£158,000First Sale
8 PEASE CLOSESemi-Detached, Leasehold24 Jul 1997£51,99520.92%
11 Sep 1995£43,000First Sale

Check out the sold house prices near the RM12 5AW postcode. Properties currently for saleProperties currently for rent

PEASE CLOSE, RM12 5AW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the RM12 5AW 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 RM12 5AW postcode.

  • Terraced
    • The average price is around £226,130 median price is £209,500 Standard Deviation is £116,200 with Total Sold: 1,126
    • The Last 5 Year average price is £385,557 with Total Sold: 222
    • The most recent sale happened at this postcode is , 34 MANSTON WAY: £463,000 (Sold on 29 Aug 2024)
    • The first recorded sale happened at this postcode is , 25 PEREGRINE WALK: £68,000 (Sold on 30 Jan 1995)
  • Other
    • The average price is around £878,099 median price is £200,000 Standard Deviation is £1,273,265 with Total Sold: 9
    • The Last 5 Year average price is £930,987 with Total Sold: 8
    • The most recent sale happened at this postcode is , 9 TEMPEST WAY: £200,000 (Sold on 20 Aug 2024)
    • The first recorded sale happened at this postcode is , 1A JERSEY ROAD: £455,000 (Sold on 06 Sep 2018)
  • Semi-Detached
    • The average price is around £236,160 median price is £225,000 Standard Deviation is £122,625 with Total Sold: 662
    • The Last 5 Year average price is £413,472 with Total Sold: 111
    • The most recent sale happened at this postcode is , 14 ROBINSON CLOSE: £505,000 (Sold on 08 Aug 2024)
    • The first recorded sale happened at this postcode is , 3 PEASE CLOSE: £65,000 (Sold on 09 Jan 1995)
  • Flat
    • The average price is around £135,895 median price is £126,498 Standard Deviation is £72,271 with Total Sold: 300
    • The Last 5 Year average price is £226,732 with Total Sold: 57
    • The most recent sale happened at this postcode is FLAT 220, ORCHARD COURT WOOD LANE: £150,000 (Sold on 11 Jul 2024)
    • The first recorded sale happened at this postcode is , 10 GILLAM WAY: £44,000 (Sold on 10 Feb 1995)
  • Detached
    • The average price is around £285,609 median price is £274,998 Standard Deviation is £122,178 with Total Sold: 26
    • The Last 5 Year average price is £515,000 with Total Sold: 3
    • The most recent sale happened at this postcode is , 38 PRINCES PARK: £600,000 (Sold on 03 Mar 2023)
    • The first recorded sale happened at this postcode is , 17 LEATHART CLOSE: £84,000 (Sold on 15 Sep 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£390,684 £4,547 19
2023£418,292 £4,903 40
2022£429,644 £5,017 45
2021£378,061 £4,309 49
2020£335,500 £4,206 29
2019£346,262 £3,962 40
2018£344,764 £4,132 46
2017£341,477 £3,975 43
2016£323,668 £3,976 32
2015£289,179 £3,440 39
2014£238,696 £2,873 43
2013£215,651 £2,615 33
2012£203,143 £2,522 35
2011£200,841 £2,431 22
2010£216,049 £2,526 20
2009£192,812 £2,182 24
2008£227,750 £2,579 15
2007£222,000 £2,562 41
2006£199,791 £2,398 48
2005£199,652 £2,346 51
2004£195,345 £2,221 58
2003£171,118 £2,030 38
2002£142,423 £1,667 43
2001£124,008 £1,454 43
2000£105,428 £1,186 22
1999£84,042 £1,025 51
1998£77,506 £946 40
1997£71,381 £931 42
1996£62,747 £803 42
1995£62,869 £762 33
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£200,0001
2023£292,250 £4,021 2
2021£77,748 £1,556 2
2020£16,000 £219 1
2019£3,245,9492
2018£455,000 £4,892 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£437,857 £6,589 7
2023£472,054 £4,760 16
2022£447,300 £5,083 15
2021£406,750 £4,624 32
2020£404,214 £4,349 14
2019£366,407 £4,224 27
2018£392,565 £4,286 23
2017£360,583 £4,035 18
2016£370,417 £4,262 12
2015£310,700 £3,061 10
2014£279,792 £3,028 12
2013£240,458 £2,799 12
2012£252,666 £2,662 24
2011£214,911 £2,581 17
2010£226,100 £2,691 15
2009£205,571 £2,406 14
2008£220,147 £2,280 17
2007£252,585 £2,686 35
2006£203,521 £2,449 21
2005£236,774 £2,719 53
2004£234,960 £2,549 48
2003£187,354 £2,083 24
2002£147,202 £1,567 32
2001£126,449 £1,434 27
2000£113,639 £1,310 25
1999£98,504 £1,012 20
1998£85,709 £943 23
1997£74,819 £807 28
1996£73,085 £728 23
1995£70,986 £808 18
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£215,000 £3,333 5
2023£247,823 £3,861 13
2022£235,125 £4,157 8
2021£229,900 £4,352 10
2020£214,429 £3,852 7
2019£210,429 £4,430 14
2018£233,688 £3,589 8
2017£201,783 £4,093 15
2016£224,167 £3,915 9
2015£187,374 £2,813 8
2014£145,350 £2,661 10
2013£150,667 £2,569 3
2012£132,000 £2,478 4
2011£121,611 £2,359 9
2010£120,332 £2,565 3
2009£124,250 £1,958 4
2008£160,596 £2,622 6
2007£139,012 £2,423 16
2006£129,346 £2,111 13
2005£137,230 £2,230 13
2004£132,562 £1,792 8
2003£101,205 £1,867 17
2002£92,176 £1,576 17
2001£70,562 £1,205 15
2000£60,520 £1,307 12
1999£50,660 £1,087 9
1998£44,236 £816 18
1997£46,604 £747 8
1996£32,464 £487 7
1995£37,091 £602 11
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£600,000 £4,167 1
2021£495,000 £3,593 1
2019£450,000 £4,839 1
2018£380,000 £2,794 1
2015£320,000 £3,333 1
2014£295,000 £3,543 1
2013£280,000 £3,238 1
2012£417,000 £2,862 1
2011£380,000 £2,759 1
2008£245,0001
2006£347,000 £2,981 2
2005£275,0001
2004£244,724 £2,520 6
2002£205,998 £1,151 2
2001£193,0001
2000£205,0001
1999£136,000 £877 1
1996£96,500 £699 1
1995£84,0001

House Type in RM12 5AW area

The most common house types in the RM12 5AW postcode area are Semi-detached (80), Terraced (56), and Detached (6).

Total142
Semi-detached80
Terraced56
Detached6
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (64), and Owned: Owns outright (59).

Owned: Owns with a mortgage or loan64
Owned: Owns outright59
Private rented: Private landlord or letting agency12
Shared ownership: Shared ownership6
Private rented: Other private rented2
Social rented: Other social rented1
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the RM12 5AW have 2 people in household (49), and 4 people in household (35).

2 people in household49
4 people in household35
1 person in household31
3 people in household21
5 people in household4
7 people in household2
0 people in household0
6 people in household0
8 or more people in household0