Housing Market Analysis for DERWENT WAY, RM12 5HP

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

Overview of Sold House prices

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

Flat
- The average price is around £177,275 median price is £156,000 Standard Deviation is £81,898 with Total Sold: 20
- The Last 5 Year average price is £284,333 with Total Sold: 3
- The most recent sale happened at this postcode is 17 DERWENT WAY: £320,000 (Sold on 31 Mar 2023)
- The first recorded sale happened at this postcode is 2 DERWENT WAY: £47,500 (Sold on 28 Apr 1995)
Terraced
- The average price is around £360,000 median price is £360,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 5 DERWENT WAY: £360,000 (Sold on 11 Jul 2018)
- The first recorded sale happened at this postcode is 5 DERWENT WAY: £360,000 (Sold on 11 Jul 2018)
Semi-Detached
- The average price is around £138,500 median price is £138,500 Standard Deviation is £66,500 with Total Sold: 2
- The most recent sale happened at this postcode is 16 DERWENT WAY: £205,000 (Sold on 09 Jan 2004)
- The first recorded sale happened at this postcode is 12 DERWENT WAY: £72,000 (Sold on 22 Jan 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average RM12 5HP 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
2023	£320,000	£4,507	1
2022	£305,000	£4,278	1
2021	£228,000	£3,211	1
2018	£267,500	£3,733	2
2017	£275,000	£3,873	1
2016	£252,000	£3,685	1
2015	£200,000	£2,804	1
2012	£140,000	£1,988	1
2010	£155,000	£2,267	1
2009	£103,000	£1,445	1
2007	£187,000	£2,622	1
2005	£154,500	£2,171	2
2004	£135,000	£1,974	1
2003	£132,000		1
2002	£105,000	£1,472	1
2000	£68,000	£944	1
1998	£49,000		1
1995	£47,500	£666	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£360,000	£4,337	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2004	£205,000		1
1999	£72,000	£600	1

All the Sales in the DERWENT WAY, RM12 5HP

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

Address	Sold Date	Price	% Change
17 DERWENT WAYFlat, LeaseholdArea: 71 Sq.mtrAge: 1950-1966	31 Mar 2023	£320,000	16.36%
	26 Jan 2017	£275,000	75.16%
	21 Oct 2005	£157,000	First Sale
8 DERWENT WAYFlat, LeaseholdArea: 71.3 Sq.mtrAge: 1950-1966	21 Dec 2022	£305,000	196.12%
8 DERWENT WAYFlat, LeaseholdArea: 71.3 Sq.mtrAge: 1950-1966	10 Jul 2009	£103,000	First Sale
20 DERWENT WAYFlat, LeaseholdArea: 71 Sq.mtrAge: 1967-1975	02 Mar 2021	£228,000	First Sale
2 DERWENT WAYFlat, LeaseholdArea: 71.32 Sq.mtrAge: 1950-1966	16 Jul 2018	£275,000	37.50%
	15 May 2015	£200,000	6.95%
	23 Aug 2007	£187,000	23.03%
	01 Apr 2005	£152,000	44.76%
	31 May 2002	£105,000	121.05%
	28 Apr 1995	£47,500	First Sale
5 DERWENT WAYTerraced, FreeholdArea: 83 Sq.mtrAge: 1950-1966	11 Jul 2018	£360,000	First Sale
13 DERWENT WAYFlat, LeaseholdArea: 72 Sq.mtrAge: 1967-1975	29 Jun 2018	£260,000	282.35%
13 DERWENT WAYFlat, LeaseholdArea: 72 Sq.mtrAge: 1967-1975	28 Apr 2000	£68,000	First Sale
15 DERWENT WAYFlat, LeaseholdArea: 68.38 Sq.mtrAge: 1950-1966	04 Feb 2016	£252,000	62.58%
	23 Apr 2010	£155,000	14.81%
	02 Mar 2004	£135,000	First Sale
19 DERWENT WAYFlat, LeaseholdArea: 70.41 Sq.mtrAge: 1950-1966	16 Feb 2012	£140,000	First Sale
16 DERWENT WAYSemi-Detached, Freehold	09 Jan 2004	£205,000	First Sale
4 DERWENT WAYFlat, Leasehold	23 Oct 2003	£132,000	169.39%
4 DERWENT WAYFlat, Leasehold	12 Nov 1998	£49,000	First Sale
12 DERWENT WAYSemi-Detached, FreeholdArea: 120 Sq.mtrAge: 1950-1966	22 Jan 1999	£72,000	First Sale

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

DERWENT WAY, RM12 5HP Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £250,715 median price is £228,748 Standard Deviation is £130,910 with Total Sold: 1,248
- The Last 5 Year average price is £438,952 with Total Sold: 187
- The most recent sale happened at this postcode is , 13 AMBLESIDE AVENUE: £500,000 (Sold on 17 Sep 2024)
- The first recorded sale happened at this postcode is , 44 EASEDALE DRIVE: £78,000 (Sold on 09 Jan 1995)
Other
- The average price is around £516,351 median price is £170,000 Standard Deviation is £1,590,745 with Total Sold: 35
- The Last 5 Year average price is £243,264 with Total Sold: 12
- 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 , 30 THE BROADWAY: £47,500 (Sold on 17 Jul 2012)
Terraced
- The average price is around £226,411 median price is £206,500 Standard Deviation is £119,142 with Total Sold: 1,272
- The Last 5 Year average price is £411,069 with Total Sold: 190
- The most recent sale happened at this postcode is , 87 ST ANDREWS AVENUE: £420,000 (Sold on 12 Aug 2024)
- The first recorded sale happened at this postcode is , 24 KILMARTIN WAY: £29,750 (Sold on 06 Jan 1995)
Flat
- The average price is around £145,084 median price is £139,995 Standard Deviation is £73,237 with Total Sold: 509
- The Last 5 Year average price is £246,655 with Total Sold: 74
- 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 , 14A TADWORTH PARADE: £37,000 (Sold on 23 Jan 1995)
Detached
- The average price is around £296,842 median price is £280,000 Standard Deviation is £107,923 with Total Sold: 19
- The Last 5 Year average price is £495,000 with Total Sold: 1
- The most recent sale happened at this postcode is , 9 CAVENDISH AVENUE: £495,000 (Sold on 11 Jan 2021)
- The first recorded sale happened at this postcode is , 14 CAVENDISH AVENUE: £205,000 (Sold on 21 Jul 2000)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£475,588	£5,294	17
2023	£477,617	£5,343	27
2022	£483,915	£5,335	39
2021	£415,300	£4,590	50
2020	£397,512	£4,559	54
2019	£399,985	£4,185	49
2018	£404,163	£4,342	46
2017	£371,962	£4,247	46
2016	£383,237	£4,157	39
2015	£318,050	£3,384	39
2014	£275,624	£3,176	40
2013	£237,163	£2,630	46
2012	£242,604	£2,471	43
2011	£227,250	£2,553	32
2010	£231,968	£2,562	32
2009	£210,968	£2,296	27
2008	£253,896	£2,780	24
2007	£248,907	£2,524	38
2006	£220,870	£2,303	54
2005	£206,454	£2,189	47
2004	£203,026	£2,093	56
2003	£193,266	£1,979	48
2002	£162,739	£1,688	59
2001	£126,583	£1,295	47
2000	£120,391	£1,255	37
1999	£98,705	£1,066	34
1998	£92,295	£975	38
1997	£83,397	£856	50
1996	£72,410	£715	50
1995	£72,800	£738	40

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£383,333	£2,057	3
2022	£224,250	£4,173	4
2021	£224,000	£2,128	3
2020	£100,083		2
2019	£240,828	£3,166	8
2018	£1,237,075	£867	8
2017	£289,400	£4,134	1
2016	£190,000	£2,871	1
2015	£1,177,000		2
2014	£224,500	£3,582	2
2012	£47,500		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£449,250	£5,321	16
2023	£438,392	£4,981	42
2022	£442,931	£4,969	36
2021	£381,944	£4,436	62
2020	£378,722	£4,379	34
2019	£370,138	£4,203	40
2018	£352,751	£4,048	37
2017	£346,516	£4,037	38
2016	£343,868	£3,875	38
2015	£285,182	£3,340	55
2014	£254,917	£2,951	51
2013	£221,509	£2,622	52
2012	£209,829	£2,461	44
2011	£206,016	£2,299	30
2010	£210,212	£2,390	27
2009	£201,607	£2,201	28
2008	£221,279	£2,552	32
2007	£222,698	£2,513	54
2006	£196,659	£2,280	47
2005	£194,135	£2,210	50
2004	£178,062	£2,032	56
2003	£175,906	£1,991	48
2002	£136,760	£1,633	43
2001	£118,316	£1,371	54
2000	£105,023	£1,158	43
1999	£86,239	£989	49
1998	£77,364	£921	37
1997	£71,002	£839	39
1996	£64,420	£722	49
1995	£63,190	£711	41

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£208,000	£4,338	5
2023	£272,353	£4,287	17
2022	£261,792	£4,254	12
2021	£235,148	£3,945	27
2020	£237,846	£4,099	13
2019	£210,735	£4,319	17
2018	£234,600	£3,598	15
2017	£218,145	£3,935	19
2016	£216,950	£3,590	20
2015	£199,672	£3,042	20
2014	£160,800	£2,734	15
2013	£144,786	£2,478	7
2012	£153,268	£2,525	12
2011	£128,450	£2,378	10
2010	£151,699	£2,501	10
2009	£127,636	£2,130	11
2008	£145,687	£2,506	12
2007	£149,968	£2,598	24
2006	£137,172	£2,295	29
2005	£135,159	£2,197	22
2004	£126,833	£2,073	18
2003	£104,203	£1,879	27
2002	£90,637	£1,555	29
2001	£75,466	£1,250	17
2000	£70,277	£1,453	35
1999	£46,216	£1,005	9
1998	£46,094	£799	24
1997	£41,638	£671	9
1996	£35,655	£537	12
1995	£37,917	£577	12

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£495,000	£3,593	1
2018	£367,667	£4,222	3
2015	£332,333	£4,666	3
2014	£277,000		1
2012	£417,000	£2,862	1
2011	£306,750	£2,738	2
2010	£208,750		2
2006	£439,000	£3,013	1
2004	£168,000		1
2002	£169,332	£1,151	3
2000	£205,000		1

House Type in RM12 5HP area

The most common house types in the RM12 5HP postcode area are Semi-detached (40), Terraced (39), and Flat (36).

Total	120
Semi-detached	40
Terraced	39
Flat	36
Shared house	3
Detached	2
converted building	0
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 (44), and Social rented: Rents from council or Local Authority (34).

Owned: Owns with a mortgage or loan	44
Social rented: Rents from council or Local Authority	34
Owned: Owns outright	24
Private rented: Private landlord or letting agency	13
Shared ownership: Shared ownership	2
Does not apply	0
Social rented: Other social rented	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the RM12 5HP have 2 people in household (31), and 3 people in household (27).

2 people in household	31
3 people in household	27
1 person in household	23
4 people in household	19
5 people in household	11
6 people in household	5
7 people in household	1
0 people in household	0
8 or more people in household	0