Housing Market Analysis for LANCASTER DRIVE, RM12 5TA

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £202,663 median price is £174,975 Standard Deviation is £134,347 with Total Sold: 18
- The Last 5 Year average price is £456,667 with Total Sold: 3
- The most recent sale happened at this postcode is 41 LANCASTER DRIVE: £505,000 (Sold on 20 Sep 2022)
- The first recorded sale happened at this postcode is 73 LANCASTER DRIVE: £77,000 (Sold on 13 Oct 1995)
Terraced
- The average price is around £127,500 median price is £127,500 Standard Deviation is £59,500 with Total Sold: 2
- The most recent sale happened at this postcode is 69 LANCASTER DRIVE: £187,000 (Sold on 15 Dec 2003)
- The first recorded sale happened at this postcode is 49 LANCASTER DRIVE: £68,000 (Sold on 16 Aug 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average RM12 5TA 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£520,000	£6,009	2
2021	£330,000	£4,459	1
2014	£268,000	£3,941	1
2009	£199,995	£3,066	1
2008	£190,000	£2,575	1
2007	£275,000		1
2006	£211,500	£2,858	1
2005	£214,000		1
1999	£105,124	£1,056	4
1998	£159,950		1
1997	£96,000		1
1996	£83,000	£605	2
1995	£77,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2003	£187,000		1
1996	£68,000	£673	1

All the Sales in the LANCASTER DRIVE, RM12 5TA

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

Address	Sold Date	Price	% Change
41 LANCASTER DRIVESemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1930-1949	20 Sep 2022	£505,000	138.77%
	10 Mar 2006	£211,500	First Sale
23 LANCASTER DRIVESemi-Detached, FreeholdArea: 103 Sq.mtrAge: 1930-1949	08 Feb 2022	£535,000	First Sale
55 LANCASTER DRIVESemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1930-1949	12 Feb 2021	£330,000	First Sale
45 LANCASTER DRIVESemi-Detached, FreeholdArea: 68 Sq.mtrAge: 1930-1949	24 Apr 2014	£268,000	First Sale
47 LANCASTER DRIVESemi-Detached, FreeholdArea: 65.23 Sq.mtrAge: 1900-1929	05 Nov 2009	£199,995	First Sale
37 LANCASTER DRIVESemi-Detached, FreeholdArea: 73.8 Sq.mtrAge: 1930-1949	19 Dec 2008	£190,000	First Sale
63 LANCASTER DRIVESemi-Detached, Freehold	17 Aug 2007	£275,000	304.41%
63 LANCASTER DRIVESemi-Detached, Freehold	23 Feb 1996	£68,000	First Sale
43 LANCASTER DRIVESemi-Detached, Freehold	02 Jun 2005	£214,000	144.57%
43 LANCASTER DRIVESemi-Detached, Freehold	12 Feb 1999	£87,500	First Sale
69 LANCASTER DRIVETerraced, Freehold	15 Dec 2003	£187,000	First Sale
57 LANCASTER DRIVESemi-Detached, Freehold	22 Dec 1999	£120,000	25.00%
57 LANCASTER DRIVESemi-Detached, Freehold	19 Dec 1997	£96,000	First Sale
39 LANCASTER DRIVESemi-Detached, Freehold	19 Nov 1999	£117,995	First Sale
35 LANCASTER DRIVESemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1930-1949	10 May 1999	£95,000	First Sale
17 LANCASTER DRIVESemi-Detached, Freehold	17 Jul 1998	£159,950	First Sale
49 LANCASTER DRIVETerraced, FreeholdArea: 101 Sq.mtrAge: 1930-1949	16 Aug 1996	£68,000	First Sale
21 LANCASTER DRIVESemi-Detached, FreeholdArea: 162 Sq.mtrAge: 1930-1949	06 Jun 1996	£98,000	First Sale
73 LANCASTER DRIVESemi-Detached, Freehold	13 Oct 1995	£77,000	First Sale

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

LANCASTER DRIVE, RM12 5TA Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £263,106 median price is £245,000 Standard Deviation is £137,811 with Total Sold: 1,539
- The Last 5 Year average price is £461,312 with Total Sold: 266
- 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 , 10 SPINGATE CLOSE: £118,500 (Sold on 20 Jan 1995)
Terraced
- The average price is around £219,472 median price is £198,000 Standard Deviation is £122,292 with Total Sold: 1,097
- The Last 5 Year average price is £401,357 with Total Sold: 195
- 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)
Flat
- The average price is around £148,308 median price is £127,000 Standard Deviation is £90,797 with Total Sold: 109
- The Last 5 Year average price is £239,159 with Total Sold: 22
- The most recent sale happened at this postcode is , 3 DIBAN COURT: £165,000 (Sold on 31 May 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 £312,446 median price is £329,950 Standard Deviation is £150,290 with Total Sold: 102
- The Last 5 Year average price is £605,625 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 , 97 RANDALL DRIVE: £83,500 (Sold on 16 Mar 1995)
Other
- The average price is around £532,411 median price is £199,166 Standard Deviation is £1,543,723 with Total Sold: 37
- The Last 5 Year average price is £252,661 with Total Sold: 23
- 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	£506,767	£5,578	15
2023	£504,233	£5,381	41
2022	£512,234	£5,659	32
2021	£455,437	£5,125	71
2020	£420,503	£4,855	50
2019	£433,004	£4,451	57
2018	£420,839	£4,726	42
2017	£419,946	£4,539	60
2016	£394,557	£4,211	52
2015	£342,615	£3,691	50
2014	£296,288	£3,556	52
2013	£268,681	£2,865	44
2012	£258,036	£2,764	44
2011	£244,852	£2,907	43
2010	£245,368	£2,786	48
2009	£239,063	£2,370	31
2008	£258,838	£2,919	31
2007	£268,414	£2,755	64
2006	£237,850	£2,340	57
2005	£229,848	£2,356	69
2004	£217,438	£2,352	65
2003	£206,912	£2,149	59
2002	£173,835	£1,943	58
2001	£141,584	£1,389	61
2000	£133,513	£1,343	45
1999	£109,470	£1,197	53
1998	£103,320	£1,083	56
1997	£88,418	£981	66
1996	£85,899	£818	65
1995	£80,989	£769	58

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£445,100	£5,445	15
2023	£443,818	£5,289	33
2022	£418,017	£5,191	30
2021	£381,942	£4,950	49
2020	£376,204	£4,785	42
2019	£380,231	£4,380	26
2018	£363,417	£4,487	42
2017	£348,840	£4,622	25
2016	£336,649	£4,069	39
2015	£283,702	£3,742	32
2014	£247,962	£3,495	34
2013	£220,242	£2,795	33
2012	£204,578	£2,646	37
2011	£202,094	£2,484	29
2010	£218,447	£2,627	19
2009	£192,211	£2,411	19
2008	£218,597	£2,771	23
2007	£217,497	£2,674	44
2006	£188,179	£2,577	53
2005	£198,355	£2,510	38
2004	£179,657	£2,231	38
2003	£175,883	£2,178	51
2002	£132,033	£1,691	44
2001	£120,504	£1,484	52
2000	£104,903	£1,423	47
1999	£83,453	£1,082	43
1998	£76,535	£992	45
1997	£66,074	£878	27
1996	£63,425	£805	44
1995	£64,864	£832	44

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£165,000		1
2023	£369,000	£4,961	3
2022	£271,333	£4,188	6
2021	£202,389	£3,353	9
2020	£230,000	£2,987	1
2019	£155,000	£2,733	2
2018	£207,333	£3,665	3
2017	£226,000	£2,974	1
2016	£232,500	£3,411	8
2015	£213,000	£3,319	5
2014	£144,333	£2,368	3
2013	£115,000	£2,255	1
2012	£119,500	£2,668	2
2011	£124,500	£2,022	2
2010	£141,000	£2,272	2
2009	£120,000	£2,633	2
2008	£118,416	£2,446	6
2007	£147,785	£2,409	7
2006	£125,642	£2,356	7
2005	£128,099	£2,122	5
2004	£108,750	£2,358	4
2003	£94,833	£1,608	6
2002	£71,582	£1,117	6
2001	£71,625	£1,187	4
2000	£78,167	£1,115	3
1999	£36,250	£746	2
1998	£42,333	£669	3
1997	£30,000	£600	1
1996	£31,060	£493	2
1995	£31,000	£343	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£780,000		1
2022	£630,000	£5,673	3
2021	£610,000	£4,357	1
2020	£480,000	£3,810	1
2019	£542,500	£4,931	2
2018	£485,000	£7,226	1
2017	£561,250	£4,989	4
2016	£529,000	£4,304	4
2015	£280,000	£6,087	1
2014	£381,667	£3,697	3
2013	£371,250	£2,615	4
2012	£366,000	£3,100	1
2011	£355,000	£3,003	2
2010	£232,500	£4,395	2
2009	£217,500	£2,720	2
2008	£387,500		2
2007	£359,500	£2,813	3
2006	£345,000	£2,594	1
2005	£335,861	£3,025	25
2004	£277,000	£2,798	1
2003	£253,500	£2,796	3
2002	£223,667		3
2001	£193,332	£1,373	6
2000	£147,832	£1,552	6
1999	£169,000	£1,609	2
1998	£135,000	£1,164	1
1997	£153,795	£1,092	10
1996	£146,500	£1,144	3
1995	£122,875	£912	4

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£475,000	£2,057	2
2022	£179,884	£4,173	5
2021	£266,000	£2,963	5
2020	£100,083		2
2019	£270,181	£3,166	9
2018	£1,717,183	£3,431	6
2017	£289,400	£4,134	1
2016	£222,500	£3,428	2
2015	£1,177,000		2
2014	£224,500	£3,582	2
2012	£47,500		1

House Type in RM12 5TA area

The most common house types in the RM12 5TA postcode area are Semi-detached (73), Terraced (44), and Flat (4).

Total	123
Semi-detached	73
Terraced	44
Flat	4
Detached	1
Shared house	1
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 (55), and Owned: Owns with a mortgage or loan (52).

Owned: Owns outright	55
Owned: Owns with a mortgage or loan	52
Private rented: Private landlord or letting agency	15
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the RM12 5TA have 2 people in household (42), and 1 person in household (27).

2 people in household	42
1 person in household	27
4 people in household	23
3 people in household	21
6 people in household	6
5 people in household	4
8 or more people in household	1
0 people in household	0
7 people in household	0