Housing Market Analysis for MARWELL CLOSE, RM1 2TE

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

Overview of Sold House prices

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

Flat
- The average price is around £126,024 median price is £127,000 Standard Deviation is £57,412 with Total Sold: 109
- The Last 5 Year average price is £212,773 with Total Sold: 11
- The most recent sale happened at this postcode is 5 MARWELL CLOSE: £190,000 (Sold on 31 Mar 2023)
- The first recorded sale happened at this postcode is 32 MARWELL CLOSE: £52,000 (Sold on 10 Feb 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average RM1 2TE 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£195,000	£5,064	2
2022	£210,000	£5,469	1
2021	£214,375	£4,604	4
2020	£220,750	£4,721	4
2019	£226,667	£5,004	3
2018	£210,000	£4,795	4
2017	£215,750	£5,059	2
2016	£209,250	£4,696	2
2015	£145,000	£3,718	1
2014	£169,000	£3,511	3
2013	£132,750	£3,173	4
2012	£136,667	£3,079	3
2011	£148,475	£3,322	2
2010	£147,000	£3,731	1
2009	£135,375	£2,900	4
2007	£152,583	£3,559	6
2006	£141,129	£3,094	7
2005	£133,167	£3,155	3
2004	£122,750	£3,230	2
2003	£125,999	£2,761	5
2002	£107,600	£2,750	5
2001	£87,957	£1,888	12
2000	£69,666	£1,636	6
1999	£63,874	£1,312	8
1998	£61,998	£1,375	3
1997	£46,500	£1,126	3
1996	£47,000	£1,047	2
1995	£46,750	£993	7

All the Sales in the MARWELL CLOSE, RM1 2TE

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

Address	Sold Date	Price	% Change
5 MARWELL CLOSEFlat, LeaseholdArea: 38 Sq.mtrAge: 1983-1990	31 Mar 2023	£190,000	48.44%
	16 Aug 2012	£128,000	-3.03%
	16 Jun 2006	£132,000	3.53%
	25 Jun 2004	£127,500	116.10%
	28 Mar 2000	£59,000	First Sale
14 MARWELL CLOSEFlat, LeaseholdArea: 39 Sq.mtrAge: 1967-1975	20 Jan 2023	£200,000	40.85%
	08 Sep 2011	£142,000	-10.69%
	23 Nov 2007	£159,000	22.31%
	19 Aug 2005	£130,000	52.95%
	12 Oct 2001	£84,995	111.17%
	31 Aug 1995	£40,250	First Sale
41 MARWELL CLOSEFlat, LeaseholdArea: 38.4 Sq.mtrAge: 1983-1990	28 Jan 2022	£210,000	6.87%
	05 May 2017	£196,500	57.20%
	12 Aug 2013	£125,000	-3.81%
	02 Mar 2006	£129,950	76.80%
	01 Jun 2001	£73,500	First Sale
23 MARWELL CLOSEFlat, LeaseholdArea: 52 Sq.mtrAge: 1983-1990	30 Jul 2021	£225,000	-11.76%
	10 Dec 2020	£255,000	First Sale
25 MARWELL CLOSEFlat, LeaseholdArea: 40 Sq.mtrAge: 1983-1990	30 Jun 2021	£205,000	24.24%
	18 Feb 2020	£165,000	302.44%
	15 Dec 1995	£41,000	First Sale
28 MARWELL CLOSEFlat, LeaseholdArea: 59 Sq.mtrAge: 1983-1990	25 May 2021	£230,000	55.41%
	17 Nov 2006	£148,000	49.49%
	29 Sep 2001	£99,000	First Sale
1 MARWELL CLOSEFlat, LeaseholdArea: 39 Sq.mtrAge: 1991-1995	24 May 2021	£197,500	-5.95%
1 MARWELL CLOSEFlat, LeaseholdArea: 39 Sq.mtrAge: 1991-1995	30 Jan 2018	£210,000	First Sale
37 MARWELL CLOSEFlat, LeaseholdArea: 39 Sq.mtrAge: 1991-1995	22 Jan 2020	£203,000	144.59%
	26 Oct 2001	£82,995	First Sale
20 MARWELL CLOSEFlat, LeaseholdArea: 55.9 Sq.mtrAge: 1996-2002	10 Jan 2020	£260,000	36.84%
	21 Nov 2014	£190,000	31.03%
	26 Apr 2013	£145,000	90.04%
	26 Aug 1999	£76,300	First Sale
18 MARWELL CLOSEFlat, LeaseholdArea: 38.36 Sq.mtrAge: 1983-1990	01 Nov 2019	£200,000	57.48%
	02 Mar 2012	£127,000	54.89%
	25 May 2001	£81,995	First Sale
30 MARWELL CLOSEFlat, LeaseholdArea: 43.92 Sq.mtrAge: 1983-1990	24 Sep 2019	£250,000	98.41%
	12 Mar 2003	£126,000	16.67%
	20 Mar 2002	£108,000	116.00%
	11 Oct 1996	£50,000	First Sale
12 MARWELL CLOSEFlat, LeaseholdArea: 56 Sq.mtrAge: 1983-1990	22 Jul 2019	£230,000	First Sale
9 MARWELL CLOSEFlat, LeaseholdArea: 51.1 Sq.mtrAge: 1983-1990	28 Sep 2018	£202,500	First Sale
27 MARWELL CLOSEFlat, LeaseholdArea: 50 Sq.mtrAge: 1976-1982	09 Mar 2018	£227,500	244.72%
	28 Oct 1998	£65,995	45.04%
	31 Jul 1995	£45,500	First Sale
21 MARWELL CLOSEFlat, LeaseholdArea: 37.86 Sq.mtrAge: 1983-1990	06 Feb 2018	£200,000	First Sale
44 MARWELL CLOSEFlat, LeaseholdArea: 47 Sq.mtrAge: 1976-1982	26 May 2017	£235,000	43.29%
	26 Jan 2007	£164,000	173.33%
	15 Feb 1999	£60,000	First Sale
17 MARWELL CLOSEFlat, LeaseholdArea: 39 Sq.mtrAge: 1983-1990	17 Aug 2016	£196,500	39.36%
	03 Feb 2014	£141,000	-0.70%
	17 Aug 2007	£142,000	140.68%
	31 May 2000	£59,000	First Sale
39 MARWELL CLOSEFlat, LeaseholdArea: 51 Sq.mtrAge: 1983-1990	18 Mar 2016	£222,000	33.33%
	13 Dec 2007	£166,500	16.43%
	29 Jul 2005	£143,000	123.44%
	01 Apr 1999	£64,000	First Sale
6 MARWELL CLOSEFlat, LeaseholdArea: 39 Sq.mtrAge: 1976-1982	01 Jul 2015	£145,000	42.16%
	23 Aug 2002	£102,000	64.52%
	31 Aug 2000	£62,000	First Sale
32 MARWELL CLOSEFlat, LeaseholdArea: 50 Sq.mtrAge: 1983-1990	15 Dec 2014	£176,000	20.59%
	24 Mar 2006	£145,950	67.76%
	22 Mar 2001	£87,000	67.31%
	10 Feb 1995	£52,000	First Sale
33 MARWELL CLOSEFlat, LeaseholdArea: 38.31 Sq.mtrAge: 1991-1995	17 Sep 2013	£125,000	6.84%
	11 Sep 2009	£117,000	First Sale
4 MARWELL CLOSEFlat, LeaseholdArea: 38 Sq.mtrAge: 1983-1990	15 Aug 2013	£136,000	0.74%
	31 Aug 2006	£135,000	14.41%
	11 Jun 2004	£118,000	148.42%
	21 Nov 1997	£47,500	First Sale
31 MARWELL CLOSEFlat, LeaseholdArea: 60.59 Sq.mtrAge: 1983-1990	10 May 2012	£155,000	6.90%
	11 Dec 2009	£145,000	71.60%
	01 Aug 2001	£84,500	First Sale
36 MARWELL CLOSEFlat, LeaseholdArea: 51.59 Sq.mtrAge: 1983-1990	08 Jul 2011	£154,950	6.86%
	29 May 2009	£145,000	14.17%
	18 Sep 2003	£127,000	45.98%
	03 Apr 2001	£87,000	85.11%
	13 Dec 1995	£47,000	First Sale
3 MARWELL CLOSEFlat, LeaseholdArea: 39.4 Sq.mtrAge: 1983-1990	21 Jan 2010	£147,000	-2.00%
	09 Feb 2007	£150,000	42.18%
	30 May 2002	£105,500	75.85%
	09 Apr 1999	£59,995	First Sale
13 MARWELL CLOSEFlat, LeaseholdArea: 40.25 Sq.mtrAge: 1976-1982	22 Dec 2009	£134,500	0.37%
	23 Feb 2007	£134,000	17.03%
	05 Dec 2003	£114,500	172.62%
	30 Apr 1997	£42,000	First Sale
24 MARWELL CLOSEFlat, LeaseholdArea: 51 Sq.mtrAge: 1991-1995	19 Jul 2006	£148,000	72.09%
	01 Sep 2000	£86,000	62.26%
	28 Apr 1995	£53,000	First Sale
16 MARWELL CLOSEFlat, LeaseholdArea: 51 Sq.mtrAge: 1983-1990	21 Jun 2006	£149,000	12.45%
	24 Oct 2003	£132,500	32.50%
	20 Dec 2001	£99,999	First Sale
29 MARWELL CLOSEFlat, LeaseholdArea: 38 Sq.mtrAge: 1983-1990	28 Apr 2005	£126,500	First Sale
42 MARWELL CLOSEFlat, LeaseholdArea: 46.88 Sq.mtrAge: 1976-1982	08 Aug 2003	£129,995	First Sale
11 MARWELL CLOSEFlat, LeaseholdArea: 39 Sq.mtrAge: 1983-1990	22 Nov 2002	£114,500	63.58%
	31 Mar 2000	£69,995	First Sale
8 MARWELL CLOSEFlat, LeaseholdArea: 38 Sq.mtrAge: 1983-1990	06 Sep 2002	£108,000	86.21%
8 MARWELL CLOSEFlat, LeaseholdArea: 38 Sq.mtrAge: 1983-1990	11 Nov 1998	£58,000	First Sale
7 MARWELL CLOSEFlat, LeaseholdArea: 46.08 Sq.mtrAge: 1983-1990	31 Jul 2001	£100,000	100.00%
	31 Jan 1997	£50,000	13.64%
	20 Feb 1996	£44,000	First Sale
34 MARWELL CLOSEFlat, LeaseholdArea: 49 Sq.mtrAge: 1967-1975	06 Jul 2001	£90,000	First Sale
43 MARWELL CLOSEFlat, LeaseholdArea: 52 Sq.mtrAge: 1967-1975	09 Mar 2001	£84,500	First Sale
26 MARWELL CLOSEFlat, LeaseholdArea: 49.36 Sq.mtrAge: 1991-1995	05 Oct 2000	£82,000	First Sale
10 MARWELL CLOSEFlat, LeaseholdArea: 62 Sq.mtrAge: 1991-1995	26 Nov 1999	£66,500	First Sale
22 MARWELL CLOSEFlat, Leasehold	16 Jul 1999	£65,500	35.05%
22 MARWELL CLOSEFlat, Leasehold	28 Jun 1995	£48,500	First Sale
38 MARWELL CLOSEFlat, LeaseholdArea: 48.52 Sq.mtrAge: 1983-1990	12 Jul 1999	£63,700	2.74%
	25 Mar 1998	£62,000	First Sale
2 MARWELL CLOSEFlat, LeaseholdArea: 39.79 Sq.mtrAge: 1983-1990	27 May 1999	£55,000	First Sale

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

MARWELL CLOSE, RM1 2TE Near By properties

Interactive Map

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

Flat
- The average price is around £158,585 median price is £150,000 Standard Deviation is £80,849 with Total Sold: 1,537
- The Last 5 Year average price is £253,963 with Total Sold: 192
- 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 £263,226 median price is £242,500 Standard Deviation is £145,219 with Total Sold: 1,450
- The Last 5 Year average price is £466,289 with Total Sold: 203
- The most recent sale happened at this postcode is , 54 CLIFTON ROAD: £420,000 (Sold on 29 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 £376,142 median price is £365,000 Standard Deviation is £187,196 with Total Sold: 387
- The Last 5 Year average price is £601,627 with Total Sold: 67
- The most recent sale happened at this postcode is , 23 ROSSALL CLOSE: £620,000 (Sold on 06 Jun 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 £239,064 median price is £216,000 Standard Deviation is £134,142 with Total Sold: 1,144
- The Last 5 Year average price is £428,788 with Total Sold: 175
- The most recent sale happened at this postcode is , 60 GLOBE ROAD: £600,000 (Sold on 23 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 £353,239 median price is £335,500 Standard Deviation is £322,063 with Total Sold: 39
- The Last 5 Year average price is £447,406 with Total Sold: 16
- The most recent sale happened at this postcode is , 99A VICTORIA ROAD: £500,000 (Sold on 04 Dec 2023)
- The first recorded sale happened at this postcode is , 203 BRENTWOOD ROAD: £1,380,000 (Sold on 29 Jul 2015)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£239,053	£4,972	15
2023	£251,357	£4,539	42
2022	£265,207	£4,665	46
2021	£249,564	£4,451	47
2020	£254,500	£4,414	42
2019	£263,172	£4,687	43
2018	£251,615	£4,632	46
2017	£251,360	£4,453	50
2016	£245,938	£4,496	52
2015	£206,543	£3,634	50
2014	£189,019	£3,251	51
2013	£160,557	£2,799	61
2012	£154,867	£2,537	31
2011	£150,732	£2,655	30
2010	£166,259	£2,945	38
2009	£157,201	£2,782	38
2008	£166,602	£3,723	28
2007	£173,054	£3,174	73
2006	£174,896	£2,941	79
2005	£168,570	£2,938	45
2004	£157,516	£2,791	73
2003	£138,605	£2,516	85
2002	£111,429	£2,296	61
2001	£93,457	£1,868	71
2000	£70,722	£1,475	56
1999	£61,595	£1,241	54
1998	£65,505	£1,226	107
1997	£48,016	£952	62
1996	£44,796	£901	33
1995	£42,779	£928	28

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£470,975	£5,152	20
2023	£478,095	£5,644	28
2022	£478,277	£5,471	47
2021	£459,957	£4,668	70
2020	£451,961	£4,756	38
2019	£437,553	£4,750	38
2018	£415,310	£4,546	46
2017	£433,457	£4,515	47
2016	£398,621	£4,331	42
2015	£352,865	£3,622	50
2014	£315,849	£3,322	43
2013	£274,587	£2,963	55
2012	£260,283	£3,102	53
2011	£270,906	£2,969	49
2010	£270,220	£2,889	34
2009	£231,167	£2,687	25
2008	£253,592	£2,600	27
2007	£254,681	£2,958	60
2006	£241,127	£2,643	63
2005	£235,514	£2,714	63
2004	£220,761	£2,494	68
2003	£208,818	£2,049	49
2002	£172,694	£1,975	65
2001	£137,659	£1,630	61
2000	£124,948	£1,355	43
1999	£107,072	£1,167	62
1998	£95,251	£1,081	65
1997	£82,118	£916	54
1996	£74,238	£785	45
1995	£70,310	£737	40

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£573,333	£3,608	3
2023	£583,607	£5,184	14
2022	£574,125	£5,145	16
2021	£584,917	£5,152	18
2020	£669,000	£4,297	16
2019	£509,938	£4,577	8
2018	£500,773	£4,905	11
2017	£538,462	£5,250	13
2016	£488,225	£4,111	20
2015	£459,206	£3,742	16
2014	£377,266	£3,278	15
2013	£350,233	£3,070	15
2012	£302,929	£3,224	7
2011	£368,617	£2,989	17
2010	£329,000	£2,931	6
2009	£315,866	£2,505	15
2008	£330,000	£3,666	4
2007	£350,025	£2,845	20
2006	£342,674	£2,768	14
2005	£357,465	£2,594	20
2004	£390,340	£3,220	21
2003	£251,156	£2,412	16
2002	£230,154	£2,048	13
2001	£188,944	£1,340	9
2000	£153,999	£1,428	9
1999	£156,374	£1,112	16
1998	£150,611	£1,087	9
1997	£123,818	£1,017	11
1996	£113,374	£836	8
1995	£122,679	£925	7

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£445,400	£5,716	10
2023	£454,463	£5,326	30
2022	£457,015	£5,370	35
2021	£403,500	£4,782	62
2020	£419,408	£4,862	38
2019	£411,048	£4,499	31
2018	£393,750	£4,926	39
2017	£377,140	£4,876	25
2016	£338,754	£4,343	38
2015	£312,667	£3,972	36
2014	£271,940	£3,255	42
2013	£242,250	£3,067	31
2012	£237,244	£2,861	41
2011	£230,387	£2,697	23
2010	£218,250	£2,683	28
2009	£198,869	£2,556	29
2008	£224,195	£2,774	23
2007	£242,016	£2,886	55
2006	£197,381	£2,662	51
2005	£212,966	£2,621	49
2004	£208,661	£2,616	57
2003	£185,725	£2,259	50
2002	£145,769	£1,806	47
2001	£123,486	£1,504	42
2000	£108,298	£1,266	41
1999	£83,046	£1,053	33
1998	£83,050	£947	30
1997	£86,846	£1,212	47
1996	£60,562	£775	37
1995	£63,161	£762	44

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£670,200	£5,022	5
2022	£258,333	£3,723	3
2021	£424,214	£10,943	7
2020	£63,000	£1,000	1
2019	£185,865	£3,720	5
2018	£282,700	£3,111	5
2017	£308,400	£5,179	5
2016	£193,286	£3,174	7
2015	£1,380,000		1

House Type in RM1 2TE area

The most common house types in the RM1 2TE postcode area are Flat (117), Terraced (26), and Detached (23).

Total	195
Flat	117
Terraced	26
Detached	23
Semi-detached	20
Shared house	9
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (55), and Private rented: Private landlord or letting agency (47).

Social rented: Other social rented	55
Private rented: Private landlord or letting agency	47
Owned: Owns with a mortgage or loan	42
Owned: Owns outright	25
Shared ownership: Shared ownership	15
Social rented: Rents from council or Local Authority	6
Private rented: Other private rented	5
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the RM1 2TE have 1 person in household (59), and 2 people in household (58).

1 person in household	59
2 people in household	58
4 people in household	29
3 people in household	24
5 people in household	19
7 people in household	2
6 people in household	1
8 or more people in household	1
0 people in household	0