Housing Market Analysis for LANCASTER DRIVE, RM12 5SP

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

Overview of Sold House prices

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

Terraced
- The average price is around £207,149 median price is £200,000 Standard Deviation is £98,712 with Total Sold: 15
- The most recent sale happened at this postcode is 149 LANCASTER DRIVE: £430,000 (Sold on 04 Sep 2018)
- The first recorded sale happened at this postcode is 115 LANCASTER DRIVE: £66,250 (Sold on 20 Dec 1995)
Semi-Detached
- The average price is around £268,033 median price is £268,500 Standard Deviation is £143,221 with Total Sold: 15
- The Last 5 Year average price is £590,000 with Total Sold: 1
- The most recent sale happened at this postcode is 95 LANCASTER DRIVE: £395,000 (Sold on 30 Jan 2018)
- The first recorded sale happened at this postcode is 129 LANCASTER DRIVE: £590,000 (Sold on 04 Mar 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average RM12 5SP 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
2018	£430,000	£4,216	1
2016	£332,000	£3,952	1
2015	£300,000	£3,704	2
2011	£223,500	£2,502	1
2007	£214,000	£2,716	2
2006	£200,000	£2,381	1
2003	£197,000		2
2001	£149,995		1
2000	£111,750	£1,259	2
1996	£59,995	£588	1
1995	£66,250	£818	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£395,000	£3,597	1
2017	£435,000	£5,179	1
2016	£377,500	£4,466	2
2014	£278,250	£2,651	2
2013	£253,000	£2,598	2
2010	£205,000	£2,307	1
2005	£200,000	£2,469	1
2000	£150,500		1
1999	£78,500		1
1998	£79,995		1
1995	£69,000		1
2024	£590,000		1

All the Sales in the LANCASTER DRIVE, RM12 5SP

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

Address	Sold Date	Price	% Change
149 LANCASTER DRIVETerraced, FreeholdArea: 102 Sq.mtrAge: 1950-1966	04 Sep 2018	£430,000	616.73%
	23 Feb 1996	£59,995	First Sale
95 LANCASTER DRIVESemi-Detached, FreeholdArea: 109.8 Sq.mtrAge: 1930-1949	30 Jan 2018	£395,000	First Sale
91 LANCASTER DRIVESemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1930-1949	13 Jan 2017	£435,000	First Sale
125 LANCASTER DRIVESemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1930-1949	07 Dec 2016	£350,000	First Sale
117 LANCASTER DRIVETerraced, FreeholdArea: 84 Sq.mtrAge: 1930-1949	15 Nov 2016	£332,000	66.00%
	15 Dec 2006	£200,000	First Sale
107 LANCASTER DRIVESemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1930-1949	29 Jan 2016	£405,000	102.50%
	03 Jun 2005	£200,000	First Sale
115 LANCASTER DRIVETerraced, FreeholdArea: 81 Sq.mtrAge: 1930-1949	29 Jul 2015	£300,000	0.0
	29 Jul 2015	£300,000	36.36%
	12 Mar 2007	£220,000	232.08%
	20 Dec 1995	£66,250	First Sale
155 LANCASTER DRIVESemi-Detached, FreeholdArea: 107 Sq.mtrAge: 1930-1949	09 May 2014	£285,000	First Sale
153 LANCASTER DRIVESemi-Detached, FreeholdArea: 102.89 Sq.mtrAge: 1930-1949	26 Feb 2014	£271,500	First Sale
97 LANCASTER DRIVESemi-Detached, FreeholdArea: 96 Sq.mtrAge: 1930-1949	06 Sep 2013	£268,500	First Sale
129 LANCASTER DRIVESemi-Detached, FreeholdArea: 99 Sq.mtrAge: 1930-1949	08 Feb 2013	£237,500	-59.75%
	04 Mar 2024	£590,000	First Sale
85 LANCASTER DRIVETerraced, FreeholdArea: 89.33 Sq.mtrAge: 1930-1949	23 Jun 2011	£223,500	98.67%
	05 Jul 2000	£112,500	First Sale
141 LANCASTER DRIVESemi-Detached, FreeholdArea: 88.86 Sq.mtrAge: 1930-1949	21 May 2010	£205,000	First Sale
145 LANCASTER DRIVETerraced, Freehold	05 Jul 2007	£208,000	First Sale
83 LANCASTER DRIVETerraced, Freehold	15 Dec 2003	£196,000	First Sale
143 LANCASTER DRIVETerraced, Freehold	17 Oct 2003	£198,000	First Sale
93 LANCASTER DRIVETerraced, Freehold	10 Aug 2001	£149,995	First Sale
147 LANCASTER DRIVETerraced, Freehold	01 Sep 2000	£111,000	First Sale
135 LANCASTER DRIVESemi-Detached, Freehold	30 Jun 2000	£150,500	First Sale
133 LANCASTER DRIVESemi-Detached, Freehold	22 Jan 1999	£78,500	First Sale
81 LANCASTER DRIVESemi-Detached, Freehold	11 Jun 1998	£79,995	First Sale
101 LANCASTER DRIVESemi-Detached, Freehold	25 Aug 1995	£69,000	First Sale

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

LANCASTER DRIVE, RM12 5SP Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £258,604 median price is £237,750 Standard Deviation is £139,479 with Total Sold: 1,490
- The Last 5 Year average price is £458,354 with Total Sold: 258
- 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 £215,659 median price is £198,000 Standard Deviation is £119,248 with Total Sold: 1,291
- The Last 5 Year average price is £390,691 with Total Sold: 239
- The most recent sale happened at this postcode is , 84 ROSEBANK AVENUE: £430,000 (Sold on 02 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 £143,736 median price is £143,000 Standard Deviation is £69,050 with Total Sold: 447
- The Last 5 Year average price is £231,915 with Total Sold: 65
- 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 £300,634 median price is £280,000 Standard Deviation is £152,762 with Total Sold: 107
- The Last 5 Year average price is £598,125 with Total Sold: 8
- The most recent sale happened at this postcode is , 15 SPINGATE CLOSE: £780,000 (Sold on 22 May 2024)
- The first recorded sale happened at this postcode is , 7 SPINGATE CLOSE: £145,000 (Sold on 03 Jul 1995)
Other
- The average price is around £908,721 median price is £199,166 Standard Deviation is £2,807,732 with Total Sold: 33
- The Last 5 Year average price is £237,704 with Total Sold: 21
- 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 , 30 THE BROADWAY: £47,500 (Sold on 17 Jul 2012)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£493,028	£5,145	18
2023	£500,853	£5,570	37
2022	£495,591	£5,586	33
2021	£457,238	£4,847	61
2020	£417,295	£4,755	53
2019	£437,263	£4,315	56
2018	£421,019	£4,550	40
2017	£410,735	£4,322	55
2016	£397,822	£4,130	48
2015	£339,652	£3,561	46
2014	£302,366	£3,341	45
2013	£260,370	£2,727	50
2012	£259,714	£2,730	42
2011	£242,280	£2,744	38
2010	£249,236	£2,682	43
2009	£228,787	£2,344	32
2008	£252,853	£2,762	34
2007	£267,963	£2,614	55
2006	£235,833	£2,264	54
2005	£225,551	£2,304	56
2004	£213,999	£2,254	62
2003	£206,606	£2,128	54
2002	£170,282	£1,822	60
2001	£143,871	£1,359	69
2000	£134,441	£1,403	37
1999	£113,969	£1,083	51
1998	£107,134	£1,053	59
1997	£94,321	£957	78
1996	£86,146	£828	68
1995	£81,144	£767	56

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£434,458	£5,321	12
2023	£417,026	£5,295	39
2022	£414,944	£5,293	36
2021	£377,460	£4,830	72
2020	£369,684	£4,618	41
2019	£375,013	£4,272	39
2018	£356,757	£4,363	40
2017	£342,880	£4,283	25
2016	£343,210	£4,089	31
2015	£290,195	£3,629	46
2014	£245,702	£3,231	47
2013	£221,012	£2,842	42
2012	£211,718	£2,560	43
2011	£201,694	£2,528	27
2010	£206,111	£2,493	27
2009	£195,534	£2,320	29
2008	£214,866	£2,860	30
2007	£220,033	£2,680	50
2006	£190,389	£2,507	50
2005	£191,297	£2,553	48
2004	£175,869	£2,240	50
2003	£175,534	£2,163	59
2002	£129,447	£1,712	48
2001	£117,692	£1,620	52
2000	£105,229	£1,228	51
1999	£85,491	£1,086	59
1998	£79,837	£937	46
1997	£69,156	£934	48
1996	£65,285	£825	53
1995	£60,770	£797	51

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£182,500		4
2023	£270,100	£4,522	10
2022	£258,550	£4,416	10
2021	£222,750	£3,951	20
2020	£227,071	£4,106	7
2019	£215,250	£4,592	14
2018	£239,833	£3,761	9
2017	£218,778	£4,218	18
2016	£220,411	£3,693	17
2015	£200,000	£3,238	16
2014	£153,749	£2,966	8
2013	£151,786	£2,786	7
2012	£153,792	£2,644	12
2011	£133,208	£2,368	12
2010	£157,777	£2,643	9
2009	£140,133	£2,501	15
2008	£150,596	£2,757	13
2007	£154,059	£2,716	21
2006	£138,749	£2,434	22
2005	£133,103	£2,336	14
2004	£155,045	£2,719	49
2003	£106,052	£1,979	19
2002	£85,695	£1,598	23
2001	£72,230	£1,380	13
2000	£62,906	£1,337	22
1999	£49,540	£1,090	11
1998	£45,833	£901	20
1997	£50,400	£784	11
1996	£39,664	£689	11
1995	£40,600	£769	10

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£780,000		1
2022	£642,500	£5,423	2
2021	£610,000	£4,357	1
2020	£512,500	£4,195	2
2019	£542,500	£4,931	2
2018	£429,600	£5,835	5
2017	£555,000	£4,955	4
2016	£492,000	£4,128	4
2015	£389,250	£4,380	4
2014	£350,667	£3,578	3
2013	£385,800	£2,836	5
2012	£366,000	£3,100	1
2011	£361,665	£3,074	3
2010	£270,125	£3,960	4
2009	£278,333	£2,655	3
2008	£406,500	£2,566	2
2007	£361,167	£2,813	3
2006	£345,000	£2,594	1
2005	£280,000	£2,222	1
2004	£298,998	£2,453	3
2003	£293,167		3
2002	£232,875	£2,416	4
2001	£225,324	£1,641	6
2000	£181,187	£1,559	8
1999	£181,990	£1,422	5
1998	£170,375	£1,308	8
1997	£154,662	£1,080	12
1996	£143,625	£1,144	4
1995	£136,000	£1,025	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£475,000	£2,057	2
2022	£224,250	£4,173	4
2021	£248,333	£2,977	3
2020	£118,292	£1,972	4
2019	£240,828	£3,166	8
2018	£1,707,683	£3,677	6
2017	£289,400	£4,134	1
2016	£13,960,000		1
2015	£4,000		1
2014	£224,500	£3,582	2
2012	£47,500		1

House Type in RM12 5SP area

The most common house types in the RM12 5SP postcode area are Semi-detached (77), Terraced (24), and Detached (5).

Total	107
Semi-detached	77
Terraced	24
Detached	5
converted building	1
Flat	0
Shared house	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 (49), and Owned: Owns with a mortgage or loan (46).

Owned: Owns outright	49
Owned: Owns with a mortgage or loan	46
Private rented: Private landlord or letting agency	7
Private rented: Other private rented	2
Social rented: Rents from council or Local Authority	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 5SP have 2 people in household (34), and 3 people in household (26).

2 people in household	34
3 people in household	26
1 person in household	25
4 people in household	15
5 people in household	6
6 people in household	2
8 or more people in household	1
0 people in household	0
7 people in household	0