Housing Market Analysis for LANCASTER DRIVE, RM12 5SU

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

Overview of Sold House prices

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

Terraced
- The average price is around £289,998 median price is £239,995 Standard Deviation is £77,890 with Total Sold: 3
- The Last 5 Year average price is £400,000 with Total Sold: 1
- The most recent sale happened at this postcode is 1A LANCASTER DRIVE: £400,000 (Sold on 27 Jan 2023)
- The first recorded sale happened at this postcode is 1 LANCASTER DRIVE: £230,000 (Sold on 02 Apr 2013)
Semi-Detached
- The average price is around £264,837 median price is £245,500 Standard Deviation is £126,387 with Total Sold: 23
- The Last 5 Year average price is £425,833 with Total Sold: 3
- The most recent sale happened at this postcode is 11 LANCASTER DRIVE: £445,000 (Sold on 16 Feb 2022)
- The first recorded sale happened at this postcode is 14 LANCASTER DRIVE: £82,500 (Sold on 04 May 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average RM12 5SU 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
2023	£400,000	£6,557	1
2013	£234,998	£3,480	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£445,000	£5,494	1
2020	£400,000	£5,195	1
2019	£432,500	£4,761	1
2018	£437,083	£4,363	3
2017	£375,000	£4,870	1
2014	£305,000	£3,352	1
2012	£231,500	£2,548	1
2011	£246,000	£2,818	2
2009	£292,000	£2,454	1
2008	£240,000	£3,158	1
2007	£280,000	£2,029	1
2005	£245,500		1
2004	£197,500		1
2003	£227,000	£2,987	1
2001	£143,000	£1,513	1
1999	£101,500		1
1998	£95,000		2
1997	£100,000	£840	1
1995	£82,500		1

All the Sales in the LANCASTER DRIVE, RM12 5SU

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

Address	Sold Date	Price	% Change
1A LANCASTER DRIVETerraced, FreeholdArea: 61 Sq.mtrAge: 2007-2011	27 Jan 2023	£400,000	66.67%
	11 Oct 2013	£239,995	First Sale
11 LANCASTER DRIVESemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1930-1949	16 Feb 2022	£445,000	First Sale
10 LANCASTER DRIVESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1950-1966	01 Sep 2020	£400,000	First Sale
7 LANCASTER DRIVESemi-Detached, FreeholdArea: 90.84 Sq.mtrAge: 1930-1949	12 Apr 2019	£432,500	86.83%
	04 May 2012	£231,500	First Sale
22 LANCASTER DRIVESemi-Detached, FreeholdArea: 91 Sq.mtrAge: 1930-1949	14 Dec 2018	£410,000	34.43%
	17 Jul 2014	£305,000	First Sale
2 LANCASTER DRIVESemi-Detached, FreeholdArea: 138 Sq.mtrAge: 1930-1949	06 Nov 2018	£533,000	90.36%
	27 Apr 2007	£280,000	First Sale
13 LANCASTER DRIVESemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1930-1949	25 Apr 2018	£368,250	First Sale
5 LANCASTER DRIVESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1950-1966	08 Jun 2017	£375,000	First Sale
1 LANCASTER DRIVETerraced, FreeholdArea: 76 Sq.mtrAge: 1930-1949	02 Apr 2013	£230,000	-4.17%
	09 May 2008	£240,000	5.73%
	21 Jul 2003	£227,000	First Sale
28 LANCASTER DRIVESemi-Detached, FreeholdArea: 94.5 Sq.mtrAge: 1930-1949	01 Jul 2011	£275,000	92.31%
	31 Jan 2001	£143,000	First Sale
16 LANCASTER DRIVESemi-Detached, FreeholdArea: 79.59 Sq.mtrAge: 1930-1949	25 Feb 2011	£217,000	First Sale
15 LANCASTER DRIVESemi-Detached, FreeholdArea: 119 Sq.mtrAge: 1950-1966	19 Mar 2009	£292,000	192.00%
	11 Jul 1997	£100,000	First Sale
14 LANCASTER DRIVESemi-Detached, Freehold	08 Dec 2005	£245,500	143.07%
	13 Nov 1998	£101,000	22.42%
	04 May 1995	£82,500	First Sale
12 LANCASTER DRIVESemi-Detached, Freehold	27 Feb 2004	£197,500	94.58%
12 LANCASTER DRIVESemi-Detached, Freehold	31 Aug 1999	£101,500	First Sale
9 LANCASTER DRIVESemi-Detached, Freehold	16 Feb 1998	£89,000	First Sale

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

LANCASTER DRIVE, RM12 5SU Near By properties

Interactive Map

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

Flat
- The average price is around £120,828 median price is £120,000 Standard Deviation is £68,192 with Total Sold: 314
- The Last 5 Year average price is £234,359 with Total Sold: 32
- The most recent sale happened at this postcode is , 35 LATIMER DRIVE: £235,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 77 LATIMER DRIVE: £44,000 (Sold on 30 Jun 1995)
Semi-Detached
- The average price is around £266,530 median price is £249,000 Standard Deviation is £137,950 with Total Sold: 1,577
- The Last 5 Year average price is £465,350 with Total Sold: 273
- The most recent sale happened at this postcode is , 34 KENT DRIVE: £625,000 (Sold on 08 Aug 2024)
- The first recorded sale happened at this postcode is , 280 ABBS CROSS LANE: £54,500 (Sold on 27 Jan 1995)
Terraced
- The average price is around £221,934 median price is £200,000 Standard Deviation is £123,125 with Total Sold: 1,118
- The Last 5 Year average price is £405,596 with Total Sold: 194
- The most recent sale happened at this postcode is , 64 BENHURST AVENUE: £437,500 (Sold on 07 Aug 2024)
- The first recorded sale happened at this postcode is , 36 LANCASTER DRIVE: £75,000 (Sold on 06 Jan 1995)
Other
- The average price is around £1,009,125 median price is £525,000 Standard Deviation is £907,871 with Total Sold: 8
- The Last 5 Year average price is £1,116,857 with Total Sold: 7
- The most recent sale happened at this postcode is , 22 SUNRISE AVENUE: £2,450,000 (Sold on 07 Jun 2024)
- The first recorded sale happened at this postcode is , 15 ELM PARK AVENUE: £255,000 (Sold on 13 Oct 2016)
Detached
- The average price is around £323,651 median price is £331,450 Standard Deviation is £140,034 with Total Sold: 86
- The Last 5 Year average price is £566,000 with Total Sold: 10
- The most recent sale happened at this postcode is , 96 KENILWORTH GARDENS: £465,000 (Sold on 16 May 2024)
- The first recorded sale happened at this postcode is , 97 RANDALL DRIVE: £83,500 (Sold on 16 Mar 1995)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£215,333		3
2023	£295,300	£4,778	5
2022	£222,350	£5,285	10
2021	£225,500	£5,584	6
2020	£218,750	£4,517	2
2019	£227,167	£4,774	6
2018	£179,100	£4,743	5
2017	£187,900	£5,114	5
2016	£218,409	£4,738	11
2015	£165,499	£4,292	5
2014	£173,062	£3,755	8
2013	£152,286	£3,527	7
2012	£143,428	£3,578	7
2011	£165,000	£3,605	2
2010	£151,200	£3,267	10
2009	£130,333	£3,708	3
2008	£146,050	£3,550	10
2007	£168,699	£3,432	10
2006	£133,647	£3,171	17
2005	£142,562	£3,131	12
2004	£127,434	£2,929	16
2003	£116,237	£2,689	23
2002	£93,249	£2,210	8
2001	£83,175	£1,948	21
2000	£62,676	£1,484	19
1999	£55,101	£1,305	27
1998	£50,256	£1,253	25
1997	£46,833	£1,067	15
1996	£43,979	£1,073	12
1995	£46,875	£988	4

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£506,265	£5,659	17
2023	£500,780	£5,531	43
2022	£525,324	£5,826	36
2021	£456,370	£5,317	73
2020	£425,118	£4,781	52
2019	£433,995	£4,536	52
2018	£416,147	£4,767	39
2017	£433,489	£4,884	67
2016	£387,500	£4,407	48
2015	£343,145	£3,823	48
2014	£301,973	£3,762	58
2013	£275,056	£3,057	53
2012	£269,402	£2,989	50
2011	£254,031	£3,072	46
2010	£247,465	£2,973	38
2009	£242,743	£2,658	35
2008	£261,868	£2,869	38
2007	£275,935	£2,802	63
2006	£239,064	£2,398	62
2005	£229,116	£2,489	78
2004	£217,722	£2,459	59
2003	£208,187	£2,207	55
2002	£176,668	£2,087	59
2001	£143,435	£1,527	71
2000	£134,918	£1,564	48
1999	£108,046	£1,189	64
1998	£102,431	£1,174	52
1997	£88,164	£1,010	65
1996	£79,533	£837	57
1995	£75,942	£781	51

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£438,318	£5,506	11
2023	£454,181	£5,329	36
2022	£417,859	£5,313	32
2021	£380,493	£5,014	50
2020	£377,389	£4,879	40
2019	£400,880	£4,718	25
2018	£371,128	£4,521	43
2017	£351,393	£4,719	28
2016	£334,251	£4,089	43
2015	£282,682	£3,807	30
2014	£247,080	£3,503	34
2013	£222,182	£2,849	33
2012	£210,511	£2,768	36
2011	£205,375	£2,523	26
2010	£220,285	£2,662	21
2009	£200,000	£2,567	23
2008	£216,556	£2,724	22
2007	£221,060	£2,704	48
2006	£193,919	£2,594	56
2005	£202,368	£2,542	38
2004	£181,063	£2,245	43
2003	£173,633	£2,144	49
2002	£142,594	£1,854	47
2001	£118,890	£1,470	53
2000	£101,609	£1,331	45
1999	£87,589	£1,108	44
1998	£79,304	£1,013	43
1997	£70,656	£915	32
1996	£65,803	£852	46
1995	£62,518	£829	41

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£2,525,000		2
2022	£780,000	£5,435	2
2021	£329,000	£3,798	2
2019	£550,000		1
2016	£255,000	£3,984	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£465,000		1
2023	£630,000	£5,000	1
2022	£612,500	£5,462	4
2021	£550,000	£5,653	1
2020	£480,000	£3,810	1
2019	£542,500	£4,931	2
2018	£485,000	£7,226	1
2017	£520,000	£5,104	2
2016	£513,667	£5,921	3
2015	£480,000	£3,967	1
2014	£360,000	£3,745	2
2013	£353,333	£2,669	3
2012	£267,500	£4,925	1
2011	£295,667	£2,942	3
2010	£295,000	£4,395	1
2009	£217,500	£2,720	2
2008	£370,000		1
2007	£337,874	£2,847	4
2006	£345,000	£2,594	1
2005	£335,861	£3,025	25
2004	£277,000	£2,798	1
2003	£235,167	£2,796	3
2002	£285,000		1
2001	£198,499	£1,373	7
2000	£147,832	£1,552	6
1999	£153,000		1
1998	£135,000	£1,164	1
1997	£118,988	£1,220	4
1995	£96,250	£720	2

House Type in RM12 5SU area

The most common house types in the RM12 5SU postcode area are Semi-detached (116), Terraced (8), and Detached (1).

Total	125
Semi-detached	116
Terraced	8
Detached	1
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 (60), and Owned: Owns with a mortgage or loan (55).

Owned: Owns outright	60
Owned: Owns with a mortgage or loan	55
Private rented: Private landlord or letting agency	5
Private rented: Other private rented	3
Shared ownership: Shared ownership	1
Social rented: Rents from council or Local Authority	1
Social rented: Other social rented	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the RM12 5SU have 2 people in household (45), and 4 people in household (28).

2 people in household	45
4 people in household	28
1 person in household	27
3 people in household	19
5 people in household	4
6 people in household	3
0 people in household	0
7 people in household	0
8 or more people in household	0