Housing Market Analysis for SPRINGWOOD WAY, RM1 2BD

Are you looking to understand RM1 2BD 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 RM1 2BD area, explore the RM1 2BD Area information page.
For comprehensive crime statistics in the RM1 2BD area, explore the RM1 2BD Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the RM1 2BD postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £196,560 median price is £178,000 Standard Deviation is £114,967 with Total Sold: 5
    • The Last 5 Year average price is £400,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 8 SPRINGWOOD WAY: £400,000 (Sold on 03 Apr 2023)
    • The first recorded sale happened at this postcode is 3 SPRINGWOOD WAY: £54,000 (Sold on 07 Aug 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average RM1 2BD 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£400,000 £5,797 1
2014£215,000 £2,722 1
2010£178,000 £2,253 1
2003£135,800 £1,968 1
1995£54,0001

All the Sales in the SPRINGWOOD WAY, RM1 2BD

See the table below for more details on the sold house prices in the RM1 2BD, Havering postcode.

AddressSold DatePrice% Change
8 SPRINGWOOD WAYTerraced, FreeholdArea: 69 Sq.mtrAge: 1967-197503 Apr 2023£400,000194.55%
28 Jul 2003£135,800First Sale
5 SPRINGWOOD WAYTerraced, FreeholdArea: 79 Sq.mtrAge: 1967-197530 Jan 2014£215,00020.79%
20 Sep 2010£178,000First Sale
3 SPRINGWOOD WAYTerraced, Freehold07 Aug 1995£54,000First Sale

Check out the sold house prices near the RM1 2BD postcode. Properties currently for saleProperties currently for rent

SPRINGWOOD WAY, RM1 2BD Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the RM1 2BD 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 RM1 2BD postcode.

  • Flat
    • The average price is around £155,371 median price is £149,000 Standard Deviation is £77,440 with Total Sold: 1,978
    • The Last 5 Year average price is £246,674 with Total Sold: 235
    • The most recent sale happened at this postcode is , 26D ALBERT ROAD: £170,000 (Sold on 19 Sep 2024)
    • The first recorded sale happened at this postcode is , 63 PRINCES ROAD: £40,000 (Sold on 18 Jan 1995)
  • Semi-Detached
    • The average price is around £264,246 median price is £242,500 Standard Deviation is £151,714 with Total Sold: 1,165
    • The Last 5 Year average price is £472,387 with Total Sold: 161
    • The most recent sale happened at this postcode is , 31 CARLISLE ROAD: £420,000 (Sold on 27 Aug 2024)
    • The first recorded sale happened at this postcode is , 254 BRENTWOOD ROAD: £93,000 (Sold on 23 Jan 1995)
  • Detached
    • The average price is around £391,020 median price is £377,000 Standard Deviation is £203,375 with Total Sold: 249
    • The Last 5 Year average price is £643,149 with Total Sold: 47
    • The most recent sale happened at this postcode is , 10 IVES GARDENS: £712,000 (Sold on 04 Jul 2024)
    • The first recorded sale happened at this postcode is , 60 HEATH PARK ROAD: £128,750 (Sold on 24 Feb 1995)
  • Terraced
    • The average price is around £238,245 median price is £210,000 Standard Deviation is £139,488 with Total Sold: 1,259
    • The Last 5 Year average price is £441,565 with Total Sold: 187
    • The most recent sale happened at this postcode is , 62 GLENWOOD DRIVE: £590,000 (Sold on 15 May 2024)
    • The first recorded sale happened at this postcode is , 11 SHAFTESBURY ROAD: £50,000 (Sold on 05 Jan 1995)
  • Other
    • The average price is around £610,770 median price is £440,000 Standard Deviation is £780,903 with Total Sold: 53
    • The Last 5 Year average price is £720,423 with Total Sold: 26
    • The most recent sale happened at this postcode is , 31 LODGE AVENUE: £680,000 (Sold on 28 Mar 2024)
    • The first recorded sale happened at this postcode is FLAT 2, ALICE COURT HANNOVER PLACE: £1,050,000 (Sold on 31 Mar 2014)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£214,157 £4,114 21
2023£243,629 £4,386 52
2022£257,750 £4,595 54
2021£248,619 £4,359 63
2020£249,356 £4,329 45
2019£250,398 £4,568 60
2018£235,835 £4,390 59
2017£245,942 £4,364 60
2016£244,159 £4,395 71
2015£200,261 £3,626 60
2014£178,522 £3,225 63
2013£154,990 £2,782 78
2012£153,105 £2,559 42
2011£149,801 £2,648 38
2010£165,160 £2,896 49
2009£152,592 £2,795 45
2008£155,338 £3,489 43
2007£167,484 £3,151 99
2006£165,186 £2,944 93
2005£160,655 £2,976 67
2004£158,143 £2,807 96
2003£144,732 £2,482 120
2002£116,908 £2,308 97
2001£90,325 £1,782 83
2000£71,401 £1,449 72
1999£62,593 £1,234 67
1998£64,454 £1,203 122
1997£50,405 £953 69
1996£53,515 £926 55
1995£42,823 £925 35
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£496,700 £5,901 15
2023£488,186 £5,625 25
2022£494,603 £5,240 35
2021£448,963 £4,564 54
2020£463,875 £4,441 32
2019£463,796 £4,715 27
2018£436,738 £4,374 32
2017£440,181 £4,473 36
2016£412,855 £4,300 39
2015£331,855 £3,549 38
2014£305,264 £3,314 34
2013£287,477 £2,840 31
2012£252,277 £2,893 27
2011£267,943 £2,956 46
2010£293,393 £2,790 14
2009£247,534 £2,673 26
2008£275,413 £3,045 23
2007£266,988 £2,806 50
2006£245,006 £2,662 57
2005£244,915 £2,659 57
2004£231,778 £2,656 53
2003£205,938 £2,073 47
2002£185,839 £1,991 58
2001£133,437 £1,708 49
2000£118,748 £1,386 40
1999£110,336 £1,283 52
1998£102,048 £1,121 51
1997£88,036 £888 54
1996£72,090 £699 29
1995£68,788 £772 34
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£581,000 £3,608 2
2023£634,773 £4,969 11
2022£611,222 £4,731 9
2021£617,567 £5,052 15
2020£731,900 £4,483 10
2019£503,875 £4,734 4
2018£534,750 £5,036 6
2017£529,700 £5,083 10
2016£509,538 £4,375 13
2015£484,942 £3,671 12
2014£384,250 £2,864 8
2013£319,375 £3,038 4
2012£312,600 £2,868 5
2011£322,500 £2,828 8
2010£321,500 £3,094 6
2009£305,500 £2,469 12
2008£485,000 £2,870 1
2007£326,625 £2,848 12
2006£357,085 £3,117 11
2005£378,820 £2,612 15
2004£418,976 £3,335 15
2003£237,938 £2,186 8
2002£230,500 £1,946 8
2001£172,142 £1,363 7
2000£143,000 £1,833 7
1999£151,427 £1,317 7
1998£150,400 £1,147 5
1997£111,500 £761 5
1996£106,187 £882 8
1995£122,050 £885 5
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£449,833 £5,716 12
2023£470,389 £5,364 36
2022£486,945 £5,620 43
2021£394,476 £4,880 59
2020£433,189 £4,929 37
2019£414,117 £4,454 30
2018£403,833 £4,972 39
2017£394,759 £4,847 27
2016£349,805 £4,397 48
2015£325,106 £3,989 33
2014£276,682 £3,299 44
2013£248,944 £3,047 40
2012£242,573 £2,782 34
2011£239,107 £2,753 27
2010£225,876 £2,727 37
2009£204,606 £2,575 30
2008£227,092 £2,735 27
2007£240,043 £2,826 51
2006£200,400 £2,693 58
2005£211,620 £2,548 47
2004£206,946 £2,669 55
2003£183,360 £2,233 56
2002£153,699 £1,866 57
2001£127,805 £1,472 52
2000£110,196 £1,248 44
1999£89,911 £1,092 39
1998£84,998 £952 42
1997£81,498 £1,053 56
1996£64,066 £811 45
1995£61,558 £735 54
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£680,0001
2023£793,000 £6,978 7
2022£913,000 £22,193 10
2021£571,400 £12,870 5
2020£171,000 £2,606 3
2019£123,465 £3,120 5
2018£215,875 £3,183 4
2017£422,750 £3,720 4
2016£790,800 £5,214 10
2015£503,333 £1,061 3
2014£1,050,000 £15,000 1

House Type in RM1 2BD area

The most common house types in the RM1 2BD postcode area are Semi-detached (48), Terraced (28), and Detached (18).

Total119
Semi-detached48
Terraced28
Detached18
Shared house14
Flat11
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (41), and Private rented: Private landlord or letting agency (32).

Owned: Owns outright41
Private rented: Private landlord or letting agency32
Owned: Owns with a mortgage or loan30
Social rented: Rents from council or Local Authority12
Social rented: Other social rented2
Shared ownership: Shared ownership1
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the RM1 2BD have 2 people in household (37), and 1 person in household (35).

2 people in household37
1 person in household35
4 people in household20
3 people in household19
5 people in household7
8 or more people in household1
0 people in household0
6 people in household0
7 people in household0