Housing Market Analysis for MORECAMBE CLOSE, RM12 5LT

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

Overview of Sold House prices

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

Terraced
- The average price is around £230,814 median price is £227,750 Standard Deviation is £114,391 with Total Sold: 28
- The Last 5 Year average price is £397,000 with Total Sold: 5
- The most recent sale happened at this postcode is 47 MORECAMBE CLOSE: £438,000 (Sold on 21 Jun 2024)
- The first recorded sale happened at this postcode is 53 MORECAMBE CLOSE: £59,000 (Sold on 01 Nov 1996)
Semi-Detached
- The average price is around £320,000 median price is £320,000 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £320,000 with Total Sold: 1
- The most recent sale happened at this postcode is 25 MORECAMBE CLOSE: £320,000 (Sold on 18 Jun 2020)
- The first recorded sale happened at this postcode is 25 MORECAMBE CLOSE: £320,000 (Sold on 18 Jun 2020)

Sold Price Trend Over the Years:

Below table and chart gives the average RM12 5LT 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£438,000		1
2022	£425,000	£5,247	1
2021	£425,000	£4,942	1
2019	£348,500	£4,445	2
2018	£275,800	£3,031	1
2017	£357,000	£4,462	2
2016	£352,000	£4,757	1
2015	£290,000	£3,537	1
2014	£260,000	£3,023	1
2012	£180,000	£2,500	1
2007	£238,167	£2,919	3
2006	£225,000		1
2005	£170,000	£2,297	1
2004	£181,000	£2,235	1
2003	£160,833	£1,814	3
2000	£104,500	£1,000	2
1999	£89,000	£1,099	1
1998	£98,000		2
1997	£80,000	£879	1
1996	£59,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£320,000	£3,902	1

All the Sales in the MORECAMBE CLOSE, RM12 5LT

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

Address	Sold Date	Price	% Change
47 MORECAMBE CLOSETerraced, Freehold	21 Jun 2024	£438,000	22.69%
	13 Apr 2017	£357,000	98.33%
	06 Jan 2012	£180,000	First Sale
43 MORECAMBE CLOSETerraced, FreeholdArea: 81 Sq.mtrAge: 1930-1949	31 Mar 2022	£425,000	134.81%
	28 Oct 2004	£181,000	103.37%
	09 Aug 1999	£89,000	First Sale
49 MORECAMBE CLOSETerraced, FreeholdArea: 86 Sq.mtrAge: 1930-1949	18 Jun 2021	£425,000	63.46%
	13 Jun 2014	£260,000	First Sale
25 MORECAMBE CLOSESemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1950-1966	18 Jun 2020	£320,000	First Sale
19 MORECAMBE CLOSETerraced, FreeholdArea: 75 Sq.mtrAge: 1950-1966	26 Apr 2019	£342,000	First Sale
9 MORECAMBE CLOSETerraced, FreeholdArea: 82 Sq.mtrAge: 1930-1949	15 Mar 2019	£355,000	22.41%
	31 Jul 2015	£290,000	25.81%
	14 Nov 2007	£230,500	First Sale
39 MORECAMBE CLOSETerraced, FreeholdArea: 91 Sq.mtrAge: 1950-1966	24 Apr 2018	£275,800	97.00%
	31 Jul 2003	£140,000	75.00%
	25 Sep 1997	£80,000	First Sale
51 MORECAMBE CLOSETerraced, FreeholdArea: 90 Sq.mtrAge: 1950-1966	23 Jan 2017	£357,000	44.53%
	10 Aug 2007	£247,000	174.44%
	09 Jun 2000	£90,000	First Sale
17 MORECAMBE CLOSETerraced, FreeholdArea: 74 Sq.mtrAge: 1930-1949	14 Oct 2016	£352,000	48.52%
	09 Mar 2007	£237,000	39.41%
	11 Aug 2005	£170,000	First Sale
15 MORECAMBE CLOSETerraced, Freehold	21 Jun 2006	£225,000	First Sale
53 MORECAMBE CLOSETerraced, Freehold	26 Jun 2003	£167,000	40.34%
	13 Sep 2000	£119,000	101.69%
	01 Nov 1996	£59,000	First Sale
55 MORECAMBE CLOSETerraced, FreeholdArea: 84 Sq.mtrAge: 1900-1929	21 Mar 2003	£175,500	First Sale
35 MORECAMBE CLOSETerraced, Freehold	27 Nov 1998	£136,000	First Sale
41 MORECAMBE CLOSETerraced, Freehold	06 Mar 1998	£60,000	First Sale

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

MORECAMBE CLOSE, RM12 5LT Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £255,518 median price is £238,000 Standard Deviation is £139,036 with Total Sold: 1,093
- The Last 5 Year average price is £454,977 with Total Sold: 178
- 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)
Terraced
- The average price is around £219,471 median price is £205,000 Standard Deviation is £119,030 with Total Sold: 1,294
- The Last 5 Year average price is £392,347 with Total Sold: 234
- 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 , 24 KILMARTIN WAY: £29,750 (Sold on 06 Jan 1995)
Flat
- The average price is around £146,694 median price is £146,000 Standard Deviation is £71,861 with Total Sold: 525
- The Last 5 Year average price is £243,719 with Total Sold: 80
- 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 , 83 AMBLESIDE AVENUE: £47,000 (Sold on 24 Jan 1995)
Other
- The average price is around £2,096,536 median price is £334,000 Standard Deviation is £3,917,837 with Total Sold: 11
- The Last 5 Year average price is £1,344,150 with Total Sold: 6
- The most recent sale happened at this postcode is , 10 MAYBANK AVENUE: £800,000 (Sold on 08 Apr 2024)
- The first recorded sale happened at this postcode is FLAT 1, LYALL COURT, 70 CORONATION DRIVE: £334,000 (Sold on 03 Mar 2014)
Detached
- The average price is around £315,211 median price is £287,500 Standard Deviation is £135,925 with Total Sold: 63
- The Last 5 Year average price is £571,250 with Total Sold: 4
- The most recent sale happened at this postcode is , 4 WENDOVER WAY: £635,000 (Sold on 25 Feb 2022)
- The first recorded sale happened at this postcode is , 134 MAYBANK AVENUE: £135,000 (Sold on 09 Sep 1996)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£498,227	£5,027	11
2023	£502,981	£5,233	24
2022	£488,750	£5,839	22
2021	£447,500	£4,812	52
2020	£413,868	£4,696	33
2019	£437,604	£4,324	36
2018	£417,612	£4,596	40
2017	£395,054	£4,175	39
2016	£390,765	£4,179	32
2015	£347,521	£3,580	24
2014	£305,296	£3,312	32
2013	£257,887	£2,893	40
2012	£269,791	£2,738	36
2011	£242,043	£2,761	23
2010	£243,358	£2,641	32
2009	£218,714	£2,450	30
2008	£246,541	£2,534	24
2007	£269,397	£2,716	39
2006	£234,013	£2,490	36
2005	£228,876	£2,342	47
2004	£228,899	£2,491	62
2003	£207,751	£2,076	38
2002	£165,828	£1,881	41
2001	£137,914	£1,507	42
2000	£130,942	£1,464	32
1999	£112,472	£1,160	38
1998	£105,870	£1,107	52
1997	£94,992	£921	58
1996	£73,106	£828	49
1995	£78,689	£791	29

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£435,059	£4,756	17
2023	£416,686	£5,234	43
2022	£418,303	£5,270	33
2021	£382,775	£4,753	64
2020	£370,112	£4,517	40
2019	£361,878	£4,384	37
2018	£360,576	£4,425	36
2017	£355,653	£4,226	36
2016	£330,975	£4,351	40
2015	£283,694	£3,692	49
2014	£246,749	£3,086	50
2013	£223,947	£2,827	38
2012	£213,119	£2,569	42
2011	£206,327	£2,528	26
2010	£210,636	£2,566	22
2009	£193,583	£2,474	30
2008	£215,384	£2,974	28
2007	£218,994	£2,778	58
2006	£194,352	£2,592	44
2005	£190,846	£2,574	47
2004	£186,445	£2,465	67
2003	£172,153	£2,318	52
2002	£134,371	£1,801	43
2001	£123,324	£1,697	56
2000	£111,506	£1,321	42
1999	£85,903	£1,158	57
1998	£81,703	£993	48
1997	£71,099	£971	55
1996	£62,605	£929	51
1995	£62,117	£857	43

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£209,000		5
2023	£272,056	£4,373	18
2022	£267,850	£4,385	10
2021	£241,342	£4,177	19
2020	£224,350	£4,203	10
2019	£224,889	£4,527	18
2018	£237,156	£4,114	16
2017	£220,098	£4,949	23
2016	£231,066	£4,017	15
2015	£198,524	£3,181	21
2014	£161,318	£4,149	11
2013	£157,778	£2,797	9
2012	£150,429	£2,789	7
2011	£139,000	£2,667	13
2010	£161,874	£2,663	8
2009	£141,500	£2,580	16
2008	£157,173	£2,825	13
2007	£154,219	£2,774	24
2006	£142,708	£2,495	24
2005	£138,157	£2,322	22
2004	£154,624	£2,709	50
2003	£109,047	£2,011	21
2002	£90,779	£1,590	25
2001	£76,044	£1,413	19
2000	£64,821	£1,355	23
1999	£55,386	£1,138	16
1998	£46,094	£868	23
1997	£50,857	£773	13
1996	£38,478	£632	14
1995	£43,697	£781	19

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£800,000		1
2022	£500,000	£5,435	1
2020	£136,500	£1,972	2
2019	£3,245,949		2
2018	£234,333	£4,740	3
2016	£13,960,000		1
2014	£334,000	£5,567	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£635,000	£5,474	1
2021	£552,500	£3,975	2
2020	£545,000	£4,580	1
2018	£408,600	£4,727	5
2017	£540,000	£4,955	3
2016	£471,000	£4,312	2
2015	£386,667	£4,314	3
2014	£277,000		1
2013	£402,000	£3,111	2
2012	£417,000	£2,862	1
2011	£377,498	£2,987	2
2010	£269,000	£3,525	2
2009	£400,000	£2,527	1
2008	£408,000	£2,566	1
2007	£362,500	£2,536	2
2006	£439,000	£3,013	1
2005	£275,000		1
2004	£281,278	£2,493	5
2003	£317,500		1
2002	£224,165	£1,783	3
2001	£256,483	£1,922	3
2000	£255,833	£1,577	3
1999	£172,190	£1,178	5
1998	£170,375	£1,308	8
1997	£159,333	£1,057	3
1996	£135,000		1

House Type in RM12 5LT area

The most common house types in the RM12 5LT postcode area are Terraced (95), Semi-detached (29), and Detached (3).

Total	127
Terraced	95
Semi-detached	29
Detached	3
Flat	0
Shared house	0
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 outright (56), and Owned: Owns with a mortgage or loan (52).

Owned: Owns outright	56
Owned: Owns with a mortgage or loan	52
Private rented: Private landlord or letting agency	14
Social rented: Rents from council or Local Authority	8
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the RM12 5LT have 2 people in household (46), and 1 person in household (29).

2 people in household	46
1 person in household	29
4 people in household	29
3 people in household	14
5 people in household	5
6 people in household	1
8 or more people in household	1
0 people in household	0
7 people in household	0