Housing Market Analysis for STANSTED CLOSE, RM12 5PT

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

Overview of Sold House prices

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

Terraced
- The average price is around £280,667 median price is £249,000 Standard Deviation is £128,038 with Total Sold: 21
- The Last 5 Year average price is £411,500 with Total Sold: 4
- The most recent sale happened at this postcode is 14 STANSTED CLOSE: £445,000 (Sold on 23 Feb 2024)
- The first recorded sale happened at this postcode is 26 STANSTED CLOSE: £76,000 (Sold on 29 Nov 1995)
Semi-Detached
- The average price is around £274,250 median price is £229,250 Standard Deviation is £132,320 with Total Sold: 6
- The Last 5 Year average price is £495,000 with Total Sold: 1
- The most recent sale happened at this postcode is 22 STANSTED CLOSE: £495,000 (Sold on 17 Feb 2023)
- The first recorded sale happened at this postcode is 2 STANSTED CLOSE: £87,000 (Sold on 30 Oct 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average RM12 5PT 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	£445,000		1
2022	£420,000	£3,784	1
2020	£401,000	£5,076	1
2019	£380,000	£4,810	1
2018	£430,000	£4,388	1
2017	£405,000	£4,009	3
2015	£375,000	£4,261	1
2014	£241,250	£2,447	2
2013	£232,500	£2,500	1
2012	£249,000	£2,243	1
2007	£246,667	£2,935	3
2004	£187,000		1
1999	£115,000	£1,307	1
1997	£73,000	£853	2
1995	£76,000	£962	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£495,000	£4,420	1
2018	£390,000	£5,274	1
2010	£241,500	£3,266	1
2008	£217,000	£2,934	1
2003	£215,000	£2,201	1
1997	£87,000	£853	1

All the Sales in the STANSTED CLOSE, RM12 5PT

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

Address	Sold Date	Price	% Change
14 STANSTED CLOSETerraced, Freehold	23 Feb 2024	£445,000	629.51%
14 STANSTED CLOSETerraced, Freehold	23 Jan 1997	£61,000	First Sale
22 STANSTED CLOSESemi-Detached, FreeholdArea: 112 Sq.mtrAge: 1967-1975	17 Feb 2023	£495,000	First Sale
20 STANSTED CLOSETerraced, FreeholdArea: 111 Sq.mtrAge: 1967-1975	21 Jan 2022	£420,000	68.67%
	24 Sep 2012	£249,000	15.81%
	18 Jun 2003	£215,000	First Sale
5 STANSTED CLOSETerraced, FreeholdArea: 79 Sq.mtrAge: 1967-1975	04 Nov 2020	£401,000	First Sale
26 STANSTED CLOSETerraced, FreeholdArea: 79 Sq.mtrAge: 1967-1975	12 Jun 2019	£380,000	61.02%
	22 Jun 2007	£236,000	210.53%
	29 Nov 1995	£76,000	First Sale
11 STANSTED CLOSETerraced, FreeholdArea: 98 Sq.mtrAge: 1950-1966	19 Dec 2018	£430,000	52.21%
	30 Jul 2007	£282,500	First Sale
6 STANSTED CLOSESemi-Detached, FreeholdArea: 73.95 Sq.mtr	10 Sep 2018	£390,000	61.49%
	12 Feb 2010	£241,500	11.29%
	08 Aug 2008	£217,000	First Sale
15 STANSTED CLOSETerraced, FreeholdArea: 93 Sq.mtrAge: 1976-1982	20 Nov 2017	£390,000	67.74%
	31 Jul 2013	£232,500	First Sale
8 STANSTED CLOSETerraced, FreeholdArea: 145 Sq.mtrAge: 1967-1975	15 Sep 2017	£510,000	First Sale
7 STANSTED CLOSETerraced, FreeholdArea: 73 Sq.mtrAge: 1983-1990	03 Mar 2017	£315,000	First Sale
13 STANSTED CLOSETerraced, FreeholdArea: 88 Sq.mtrAge: 1967-1975	21 Dec 2015	£375,000	226.09%
	30 Nov 1999	£115,000	First Sale
18 STANSTED CLOSETerraced, FreeholdArea: 93 Sq.mtrAge: 1967-1975	10 Jan 2014	£242,500	185.29%
	19 Dec 1997	£85,000	First Sale
16 STANSTED CLOSETerraced, FreeholdArea: 105 Sq.mtrAge: 1967-1975	03 Jan 2014	£240,000	First Sale
9 STANSTED CLOSETerraced, Freehold	09 Feb 2007	£221,500	First Sale
4 STANSTED CLOSETerraced, Freehold	15 Mar 2004	£187,000	First Sale
2 STANSTED CLOSESemi-Detached, FreeholdArea: 102 Sq.mtrAge: 1967-1975	30 Oct 1997	£87,000	First Sale

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

STANSTED CLOSE, RM12 5PT Near By properties

Interactive Map

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

Terraced
- The average price is around £215,866 median price is £200,500 Standard Deviation is £116,693 with Total Sold: 1,250
- The Last 5 Year average price is £383,507 with Total Sold: 223
- 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)
Semi-Detached
- The average price is around £239,066 median price is £237,000 Standard Deviation is £125,124 with Total Sold: 531
- The Last 5 Year average price is £413,882 with Total Sold: 85
- The most recent sale happened at this postcode is , 365 SOUTH END ROAD: £340,000 (Sold on 09 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 £142,910 median price is £143,500 Standard Deviation is £70,922 with Total Sold: 473
- The Last 5 Year average price is £240,155 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 , 83 AMBLESIDE AVENUE: £47,000 (Sold on 24 Jan 1995)
Other
- The average price is around £2,233,839 median price is £257,000 Standard Deviation is £4,085,881 with Total Sold: 10
- The Last 5 Year average price is £1,279,232 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 2, BLENHEIM COURT NORTHOLT WAY: £13,960,000 (Sold on 17 Jun 2016)
Detached
- The average price is around £304,359 median price is £290,000 Standard Deviation is £121,046 with Total Sold: 33
- The Last 5 Year average price is £520,000 with Total Sold: 2
- 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 , 17 LEATHART CLOSE: £84,000 (Sold on 15 Sep 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£413,533	£4,756	15
2023	£410,475	£5,259	40
2022	£410,426	£5,307	34
2021	£379,034	£4,742	59
2020	£353,528	£4,451	36
2019	£355,269	£4,292	39
2018	£356,609	£4,440	39
2017	£351,271	£4,292	35
2016	£327,297	£4,390	37
2015	£286,033	£3,791	45
2014	£239,079	£3,084	44
2013	£221,421	£2,857	38
2012	£213,024	£2,623	42
2011	£205,792	£2,599	24
2010	£207,388	£2,614	18
2009	£191,966	£2,492	29
2008	£214,073	£3,097	24
2007	£217,342	£2,821	53
2006	£193,155	£2,594	45
2005	£199,402	£2,592	56
2004	£185,327	£2,490	65
2003	£167,470	£2,316	50
2002	£134,851	£1,819	44
2001	£120,307	£1,694	51
2000	£110,308	£1,387	32
1999	£85,357	£1,170	53
1998	£79,862	£988	51
1997	£70,452	£990	57
1996	£62,616	£921	55
1995	£60,414	£860	40

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£393,000		6
2023	£461,182	£5,358	11
2022	£415,450	£5,375	10
2021	£407,000	£4,836	31
2020	£424,786	£4,490	14
2019	£386,962	£4,688	13
2018	£404,526	£4,558	19
2017	£380,946	£4,333	12
2016	£374,545	£4,286	11
2015	£308,500	£3,430	6
2014	£285,000	£3,501	8
2013	£239,058	£2,863	17
2012	£262,999	£2,749	18
2011	£226,864	£2,796	11
2010	£228,908	£2,875	13
2009	£206,575	£2,443	13
2008	£234,607	£2,670	14
2007	£257,483	£3,082	30
2006	£216,166	£2,594	15
2005	£248,796	£2,856	44
2004	£237,741	£2,625	46
2003	£195,666	£2,300	15
2002	£143,353	£1,887	24
2001	£127,499	£1,669	19
2000	£109,246	£1,364	18
1999	£97,040	£1,205	15
1998	£89,068	£1,149	22
1997	£75,146	£902	16
1996	£68,278	£875	27
1995	£72,403	£926	13

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£209,000		5
2023	£264,600	£4,332	15
2022	£263,562	£4,333	8
2021	£242,083	£4,231	18
2020	£224,350	£4,203	10
2019	£224,889	£4,527	18
2018	£231,115	£4,192	13
2017	£218,188	£5,203	20
2016	£226,272	£4,123	11
2015	£189,214	£3,098	14
2014	£161,318	£4,149	11
2013	£161,062	£2,898	8
2012	£146,600	£2,917	5
2011	£139,000	£2,667	13
2010	£164,998	£2,859	6
2009	£144,357	£2,715	14
2008	£156,091	£2,937	11
2007	£152,579	£2,814	22
2006	£141,523	£2,543	21
2005	£137,708	£2,379	19
2004	£155,823	£2,766	47
2003	£106,841	£2,023	19
2002	£92,195	£1,640	23
2001	£76,742	£1,420	20
2000	£64,344	£1,387	20
1999	£55,386	£1,138	16
1998	£45,198	£870	21
1997	£46,364	£808	13
1996	£37,745	£626	13
1995	£43,039	£791	19

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£800,000		1
2021	£110,495	£1,556	1
2020	£136,500	£1,972	2
2019	£3,245,949		2
2018	£234,333	£4,740	3
2016	£13,960,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£495,000	£3,593	1
2020	£545,000	£4,580	1
2018	£441,667	£4,914	3
2017	£490,000	£4,712	1
2016	£412,000	£4,578	1
2015	£320,000	£3,333	1
2014	£295,000	£3,543	1
2013	£309,500	£3,249	2
2012	£417,000	£2,862	1
2011	£377,498	£2,987	2
2010	£368,000	£3,525	1
2006	£347,000	£2,981	2
2005	£275,000		1
2004	£262,224	£2,820	6
2002	£205,998	£1,151	2
2001	£227,000	£1,946	1
2000	£205,000		1
1999	£136,000	£877	1
1998	£165,000	£1,387	1
1996	£115,750	£699	2
1995	£84,000		1

House Type in RM12 5PT area

The most common house types in the RM12 5PT postcode area are Terraced (121), Semi-detached (86), and Detached (7).

Total	214
Terraced	121
Semi-detached	86
Detached	7
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 (103), and Owned: Owns with a mortgage or loan (101).

Owned: Owns outright	103
Owned: Owns with a mortgage or loan	101
Private rented: Private landlord or letting agency	8
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	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 5PT have 2 people in household (85), and 3 people in household (39).

2 people in household	85
3 people in household	39
1 person in household	38
4 people in household	30
5 people in household	17
6 people in household	2
7 people in household	1
8 or more people in household	1
0 people in household	0