Housing Market Analysis for FALCON WAY, RM12 5LJ

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £235,538 median price is £205,000 Standard Deviation is £130,602 with Total Sold: 13
    • The Last 5 Year average price is £443,333 with Total Sold: 3
    • The most recent sale happened at this postcode is 2 FALCON WAY: £475,000 (Sold on 26 May 2023)
    • The first recorded sale happened at this postcode is 10 FALCON WAY: £430,000 (Sold on 15 Mar 2022)

Sold Price Trend Over the Years:

Below table and chart gives the average RM12 5LJ 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
2023£475,000 £3,862 1
2022£427,500 £4,067 2
2019£340,000 £3,542 1
2010£213,000 £2,109 1
2005£208,0001
2004£205,000 £2,158 1
2003£175,000 £1,842 1
2002£155,000 £1,505 1
2001£134,750 £1,272 2
1999£86,500 £703 1
1997£80,000 £851 1

All the Sales in the FALCON WAY, RM12 5LJ

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

AddressSold DatePrice% Change
2 FALCON WAYSemi-Detached, FreeholdArea: 123 Sq.mtrAge: 1967-197526 May 2023£475,000449.13%
30 Apr 1999£86,500First Sale
16 FALCON WAYSemi-Detached, FreeholdArea: 96 Sq.mtrAge: 1967-197530 Sep 2022£425,00025.00%
31 Oct 2019£340,000First Sale
4 FALCON WAYSemi-Detached, FreeholdArea: 101 Sq.mtrAge: 1967-197510 Aug 2010£213,000First Sale
6 FALCON WAYSemi-Detached, Freehold09 Sep 2005£208,000First Sale
1 FALCON WAYSemi-Detached, FreeholdArea: 95 Sq.mtrAge: 1967-197515 Dec 2004£205,00017.14%
18 Mar 2003£175,00050.86%
03 Jul 2001£116,000First Sale
8 FALCON WAYSemi-Detached, FreeholdArea: 103 Sq.mtrAge: 1967-197512 Aug 2002£155,000First Sale
10 FALCON WAYSemi-Detached, FreeholdArea: 116 Sq.mtrAge: 1967-197521 Jul 2001£153,500-64.30%
15 Mar 2022£430,000First Sale
3 FALCON WAYSemi-Detached, FreeholdArea: 94 Sq.mtrAge: 1967-197526 Sep 1997£80,000First Sale

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

FALCON WAY, RM12 5LJ Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £222,012 median price is £204,995 Standard Deviation is £113,071 with Total Sold: 1,269
    • The Last 5 Year average price is £388,416 with Total Sold: 198
    • 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 £566,626 median price is £311,000 Standard Deviation is £926,198 with Total Sold: 19
    • The Last 5 Year average price is £234,285 with Total Sold: 7
    • 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 PARK MEWS: £184,000 (Sold on 28 Sep 2016)
  • Semi-Detached
    • The average price is around £238,365 median price is £225,000 Standard Deviation is £122,033 with Total Sold: 881
    • The Last 5 Year average price is £424,698 with Total Sold: 128
    • 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)
  • Detached
    • The average price is around £270,303 median price is £248,000 Standard Deviation is £132,724 with Total Sold: 89
    • The Last 5 Year average price is £468,643 with Total Sold: 14
    • The most recent sale happened at this postcode is , 19 ELMER GARDENS: £455,000 (Sold on 14 May 2024)
    • The first recorded sale happened at this postcode is , 35 ELMER GARDENS: £87,500 (Sold on 22 Feb 1995)
  • Flat
    • The average price is around £135,110 median price is £125,000 Standard Deviation is £72,604 with Total Sold: 340
    • The Last 5 Year average price is £227,831 with Total Sold: 52
    • The most recent sale happened at this postcode is FLAT 8, ASTRA COURT EAST ASTRA CLOSE: £150,000 (Sold on 04 Apr 2024)
    • The first recorded sale happened at this postcode is , 10 GILLAM WAY: £44,000 (Sold on 10 Feb 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£401,900 £4,547 20
2023£413,321 £4,939 45
2022£423,625 £5,003 44
2021£372,566 £4,388 53
2020£330,097 £4,176 36
2019£343,522 £3,992 46
2018£336,291 £4,096 52
2017£330,723 £4,002 47
2016£315,631 £3,995 41
2015£280,617 £3,346 47
2014£240,133 £2,930 45
2013£213,087 £2,620 40
2012£202,428 £2,534 42
2011£197,430 £2,379 36
2010£204,818 £2,384 22
2009£191,827 £2,253 29
2008£216,487 £2,608 20
2007£215,075 £2,550 40
2006£200,499 £2,399 52
2005£194,868 £2,335 66
2004£189,604 £2,099 53
2003£168,833 £2,045 45
2002£137,357 £1,651 48
2001£118,864 £1,446 49
2000£100,645 £1,226 34
1999£81,922 £988 50
1998£73,480 £928 38
1997£69,652 £907 50
1996£60,805 £776 42
1995£60,140 £698 37
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£200,0001
2023£292,250 £4,021 2
2021£77,748 £1,556 2
2020£350,000 £4,730 2
2019£982,112 £3,704 8
2018£455,000 £4,892 1
2016£271,333 £3,573 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£430,714 £6,383 14
2023£485,803 £4,934 21
2022£445,161 £5,009 28
2021£395,625 £4,490 40
2020£393,600 £4,349 25
2019£363,361 £4,200 36
2018£387,980 £4,227 25
2017£351,081 £4,151 24
2016£352,842 £4,260 19
2015£313,997 £3,322 19
2014£257,113 £3,056 22
2013£234,353 £2,715 17
2012£235,053 £2,592 32
2011£219,140 £2,518 25
2010£222,500 £2,532 19
2009£208,684 £2,314 19
2008£222,975 £2,220 21
2007£250,683 £2,699 49
2006£200,873 £2,297 32
2005£235,278 £2,713 54
2004£226,678 £2,442 55
2003£192,280 £2,033 31
2002£153,533 £1,600 44
2001£126,113 £1,374 32
2000£116,957 £1,300 36
1999£94,977 £1,011 25
1998£85,118 £930 28
1997£77,720 £837 37
1996£73,677 £705 28
1995£70,989 £784 24
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£455,0001
2023£487,200 £4,912 5
2022£478,750 £4,245 4
2021£448,333 £5,429 3
2020£410,000 £4,767 1
2019£407,500 £4,447 2
2018£334,125 £3,798 4
2017£491,250 £3,673 2
2016£351,667 £4,274 3
2014£295,000 £3,543 1
2013£253,750 £3,051 8
2012£316,125 £2,714 4
2011£287,500 £2,719 3
2010£250,000 £2,935 1
2009£275,189 £2,330 3
2008£245,0001
2006£288,999 £2,542 4
2005£255,0002
2004£222,706 £2,394 7
2003£223,400 £2,317 5
2002£169,249 £1,281 4
2001£161,667 £1,974 6
2000£174,3323
1999£100,667 £892 3
1997£65,5002
1996£85,750 £857 4
1995£82,1673
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£244,000 £3,836 5
2023£251,550 £3,931 14
2022£203,273 £4,130 11
2021£218,192 £4,318 13
2020£225,889 £4,038 9
2019£207,818 £4,592 11
2018£222,250 £3,539 8
2017£194,708 £4,064 18
2016£193,077 £3,912 13
2015£163,139 £2,724 14
2014£148,409 £2,669 11
2013£131,667 £2,144 3
2012£127,667 £2,329 3
2011£119,929 £2,390 7
2010£124,998 £2,454 6
2009£129,286 £1,922 7
2008£160,596 £2,622 6
2007£141,533 £2,489 21
2006£132,781 £2,141 16
2005£134,832 £2,147 12
2004£134,562 £1,753 8
2003£99,799 £1,859 20
2002£94,532 £1,595 15
2001£68,946 £1,189 20
2000£61,230 £1,312 13
1999£59,899 £1,083 10
1998£46,455 £810 17
1997£42,343 £766 11
1996£31,429 £480 7
1995£36,772 £602 11

House Type in RM12 5LJ area

The most common house types in the RM12 5LJ postcode area are Terraced (45), Semi-detached (43), and Flat (24).

Total115
Terraced45
Semi-detached43
Flat24
Detached3
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 outright (41), and Social rented: Other social rented (29).

Owned: Owns outright41
Social rented: Other social rented29
Owned: Owns with a mortgage or loan28
Private rented: Private landlord or letting agency8
Social rented: Rents from council or Local Authority7
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0

Number of People in a Household

The most houses in the RM12 5LJ have 1 person in household (40), and 2 people in household (36).

1 person in household40
2 people in household36
4 people in household14
3 people in household13
5 people in household5
6 people in household4
7 people in household1
8 or more people in household1
0 people in household0