Housing Market Analysis for LEXINGTON WAY, RM14 1NT

Are you looking to understand RM14 1NT 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 RM14 1NT area, explore the RM14 1NT Area information page.
For comprehensive crime statistics in the RM14 1NT area, explore the RM14 1NT Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the RM14 1NT postcode area, The average prices are as follows,

Flat
- The average price is around £189,136 median price is £184,998 Standard Deviation is £99,810 with Total Sold: 22
- The Last 5 Year average price is £298,833 with Total Sold: 6
- The most recent sale happened at this postcode is 33 LEXINGTON WAY: £280,000 (Sold on 24 Nov 2023)
- The first recorded sale happened at this postcode is 23 LEXINGTON WAY: £305,000 (Sold on 08 Sep 2023)
Terraced
- The average price is around £233,900 median price is £199,500 Standard Deviation is £110,483 with Total Sold: 10
- The Last 5 Year average price is £388,750 with Total Sold: 2
- The most recent sale happened at this postcode is 2 LEXINGTON WAY: £402,500 (Sold on 21 Jul 2021)
- The first recorded sale happened at this postcode is 6 LEXINGTON WAY: £75,000 (Sold on 30 Jun 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average RM14 1NT 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	£296,667	£4,178	3
2022	£333,000	£4,325	1
2020	£300,000	£3,896	1
2019	£270,000	£3,506	1
2018	£306,000	£2,638	1
2017	£280,500	£3,981	2
2015	£215,000	£3,116	1
2012	£155,000	£2,214	1
2009	£175,000	£2,435	1
2006	£175,498	£2,026	2
2005	£148,000	£1,827	1
2001	£83,250		2
2000	£70,500	£1,022	1
1999	£55,000	£765	1
1998	£55,000		1
1995	£55,000	£783	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£388,750	£4,510	2
2016	£321,500	£4,213	1
2015	£335,000	£3,490	1
2011	£204,000	£1,872	1
2010	£178,000	£2,332	1
2006	£195,000	£2,910	1
2003	£158,000	£2,358	1
2000	£95,000	£1,245	1
1995	£75,000	£688	1

All the Sales in the LEXINGTON WAY, RM14 1NT

See the table below for more details on the sold house prices in the RM14 1NT, Havering postcode.

Address	Sold Date	Price	% Change
33 LEXINGTON WAYFlat, LeaseholdArea: 71 Sq.mtrAge: 1950-1966	24 Nov 2023	£280,000	7.69%
	30 Aug 2017	£260,000	First Sale
23 LEXINGTON WAYFlat, LeaseholdArea: 71 Sq.mtrAge: 1950-1966	08 Sep 2023	£305,000	0.0
	08 Sep 2023	£305,000	First Sale
29 LEXINGTON WAYFlat, LeaseholdArea: 77 Sq.mtrAge: 1950-1966	26 Aug 2022	£333,000	11.00%
	18 Dec 2020	£300,000	11.11%
	02 May 2019	£270,000	73.08%
	17 Mar 2006	£156,000	First Sale
2 LEXINGTON WAYTerraced, FreeholdArea: 98 Sq.mtrAge: 1950-1966	21 Jul 2021	£402,500	First Sale
7 LEXINGTON WAYTerraced, FreeholdArea: 76.32 Sq.mtrAge: 1950-1966	22 Jun 2021	£375,000	16.64%
	06 May 2016	£321,500	80.62%
	08 Nov 2010	£178,000	-8.72%
	27 Nov 2006	£195,000	23.42%
	17 Jan 2003	£158,000	66.32%
	31 Jul 2000	£95,000	First Sale
47 LEXINGTON WAYFlat, LeaseholdArea: 116 Sq.mtrAge: 1950-1966	29 Mar 2018	£306,000	First Sale
9 LEXINGTON WAYFlat, LeaseholdArea: 70 Sq.mtrAge: 1967-1975	11 Oct 2017	£301,000	94.19%
9 LEXINGTON WAYFlat, LeaseholdArea: 70 Sq.mtrAge: 1967-1975	26 Oct 2012	£155,000	First Sale
4 LEXINGTON WAYTerraced, FreeholdArea: 96 Sq.mtrAge: 1950-1966	27 Jul 2015	£335,000	First Sale
37 LEXINGTON WAYFlat, LeaseholdArea: 69 Sq.mtrAge: 1950-1966	11 Feb 2015	£215,000	204.96%
	28 Apr 2000	£70,500	30.56%
	25 Aug 1995	£54,000	First Sale
6 LEXINGTON WAYTerraced, FreeholdArea: 109 Sq.mtrAge: 1950-1966	01 Apr 2011	£204,000	172.00%
	30 Jun 1995	£75,000	First Sale
21 LEXINGTON WAYFlat, LeaseholdArea: 71.86 Sq.mtrAge: 1950-1966	20 Nov 2009	£175,000	218.18%
	07 Jan 1999	£55,000	First Sale
15 LEXINGTON WAYFlat, Leasehold	08 May 2006	£194,995	First Sale
43 LEXINGTON WAYFlat, LeaseholdArea: 81 Sq.mtrAge: 1950-1966	24 Mar 2005	£148,000	First Sale
19 LEXINGTON WAYFlat, Leasehold	28 Sep 2001	£85,500	First Sale
25 LEXINGTON WAYFlat, Leasehold	30 Aug 2001	£81,000	First Sale
27 LEXINGTON WAYFlat, Leasehold	24 Apr 1998	£55,000	First Sale
11 LEXINGTON WAYFlat, Leasehold	24 Apr 1995	£56,000	First Sale

Check out the sold house prices near the RM14 1NT postcode. Properties currently for saleProperties currently for rent

LEXINGTON WAY, RM14 1NT Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the RM14 1NT 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 RM14 1NT postcode.

Flat
- The average price is around £168,421 median price is £164,998 Standard Deviation is £78,387 with Total Sold: 504
- The Last 5 Year average price is £265,374 with Total Sold: 103
- The most recent sale happened at this postcode is , 28 ROSEBERRY GARDENS: £297,500 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 11 BRIARLEAS GARDENS: £56,000 (Sold on 25 Jan 1995)
Semi-Detached
- The average price is around £278,878 median price is £260,000 Standard Deviation is £146,918 with Total Sold: 425
- The Last 5 Year average price is £472,503 with Total Sold: 81
- The most recent sale happened at this postcode is , 30 ROSEBERRY GARDENS: £255,000 (Sold on 24 Jul 2024)
- The first recorded sale happened at this postcode is , 11 ROSEBERRY CLOSE: £68,000 (Sold on 12 Jan 1995)
Terraced
- The average price is around £254,394 median price is £230,000 Standard Deviation is £128,161 with Total Sold: 652
- The Last 5 Year average price is £416,473 with Total Sold: 143
- The most recent sale happened at this postcode is , 178 FRONT LANE: £450,000 (Sold on 19 Jul 2024)
- The first recorded sale happened at this postcode is , 279 FRONT LANE: £84,500 (Sold on 03 Mar 1995)
Detached
- The average price is around £369,204 median price is £355,000 Standard Deviation is £180,869 with Total Sold: 179
- The Last 5 Year average price is £547,208 with Total Sold: 36
- The most recent sale happened at this postcode is , 120 ROSEBERRY GARDENS: £530,000 (Sold on 28 Mar 2024)
- The first recorded sale happened at this postcode is , 17 THE CRESCENT: £120,000 (Sold on 12 Jan 1995)
Other
- The average price is around £228,401 median price is £230,000 Standard Deviation is £192,095 with Total Sold: 9
- The Last 5 Year average price is £260,500 with Total Sold: 6
- The most recent sale happened at this postcode is , 153B MOOR LANE: £480,000 (Sold on 13 Dec 2023)
- The first recorded sale happened at this postcode is , 127 AVON ROAD: £165,000 (Sold on 30 Sep 2015)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£277,250	£6,528	10
2023	£278,658	£4,267	19
2022	£270,000	£4,153	20
2021	£261,583	£4,332	24
2020	£269,208	£4,180	12
2019	£242,111	£3,753	18
2018	£279,967	£4,015	15
2017	£259,937	£3,676	16
2016	£224,208	£3,782	12
2015	£217,944	£3,259	18
2014	£178,562	£2,776	28
2013	£170,093	£2,651	16
2012	£165,393	£2,674	14
2011	£155,822	£2,318	13
2010	£183,180	£2,664	28
2009	£155,156	£2,202	8
2008	£161,944	£2,268	9
2007	£153,199	£2,416	25
2006	£149,969	£2,363	25
2005	£142,968	£2,236	16
2004	£135,428	£2,127	21
2003	£120,264	£1,834	17
2002	£96,143	£1,469	14
2001	£82,341	£1,266	22
2000	£76,726	£1,150	13
1999	£62,962	£953	13
1998	£56,083	£934	18
1997	£49,453	£733	16
1996	£46,768	£795	11
1995	£49,577	£737	13

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£470,857		7
2023	£477,502	£5,781	16
2022	£562,767	£6,571	12
2021	£456,738	£5,201	21
2020	£435,292	£4,938	12
2019	£443,731	£4,842	13
2018	£420,423	£5,173	13
2017	£430,500	£4,865	16
2016	£404,658	£4,705	12
2015	£379,423	£4,233	13
2014	£343,687	£3,630	16
2013	£335,803	£3,418	13
2012	£275,350	£2,713	10
2011	£264,231	£2,916	13
2010	£240,038	£3,126	13
2009	£255,438	£2,974	8
2008	£276,357	£2,927	7
2007	£291,218	£3,111	16
2006	£248,454	£2,751	23
2005	£239,642	£3,148	7
2004	£232,199	£2,535	15
2003	£234,107	£2,052	14
2002	£156,385	£1,727	10
2001	£156,758	£1,507	23
2000	£133,360	£1,400	18
1999	£111,732	£1,208	14
1998	£116,367	£1,188	15
1997	£102,500	£1,054	20
1996	£91,623	£938	22
1995	£92,300	£930	13

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£425,850	£4,884	10
2023	£431,417	£4,834	12
2022	£459,327	£5,399	29
2021	£414,655	£4,955	32
2020	£401,829	£4,593	35
2019	£378,670	£4,506	25
2018	£379,800	£4,552	25
2017	£385,300	£4,889	20
2016	£386,652	£4,556	17
2015	£317,303	£3,825	28
2014	£279,764	£3,310	17
2013	£236,708	£2,874	24
2012	£236,237	£2,692	19
2011	£220,452	£2,761	21
2010	£225,499	£2,528	17
2009	£207,143	£2,364	14
2008	£235,928	£2,619	14
2007	£235,244	£2,697	34
2006	£210,237	£2,517	38
2005	£210,278	£2,330	18
2004	£188,365	£2,360	23
2003	£178,186	£2,062	22
2002	£160,039	£1,780	19
2001	£126,075	£1,508	26
2000	£120,689	£1,361	25
1999	£93,811	£1,074	8
1998	£79,078	£904	18
1997	£76,066	£885	24
1996	£69,871	£857	18
1995	£72,075	£738	20

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£530,000		1
2023	£539,250	£5,595	4
2022	£593,571	£5,489	7
2021	£584,389	£5,124	9
2020	£515,500	£4,595	6
2019	£500,556	£5,512	9
2018	£572,250	£5,103	6
2017	£573,625	£5,762	8
2016	£592,714	£5,023	7
2015	£417,955	£4,419	11
2014	£350,375	£4,374	8
2013	£347,000	£3,902	5
2012	£381,357	£3,611	7
2011	£279,167	£3,987	6
2010	£320,167	£4,292	3
2008	£357,286	£3,126	7
2007	£473,250	£3,032	4
2006	£290,400	£3,137	5
2005	£410,000	£2,921	5
2004	£262,450	£3,909	5
2003	£264,285	£2,344	7
2002	£269,166	£2,140	9
2001	£177,688	£1,741	8
2000	£198,333	£1,392	6
1999	£126,750		2
1998	£193,700	£1,415	5
1997	£135,199	£1,187	5
1996	£134,412	£1,146	8
1995	£118,417	£1,069	6

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£363,500	£4,014	2
2020	£402,500	£4,613	2
2019	£15,500		2
2018	£313,610		1
2016	£14,000		1
2015	£165,000		1

House Type in RM14 1NT area

The most common house types in the RM14 1NT postcode area are Terraced (55), Flat (45), and Semi-detached (23).

Total	135
Terraced	55
Flat	45
Semi-detached	23
Detached	12
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 (47), and Owned: Owns with a mortgage or loan (40).

Owned: Owns outright	47
Owned: Owns with a mortgage or loan	40
Social rented: Rents from council or Local Authority	30
Private rented: Private landlord or letting agency	9
Social rented: Other social rented	5
Shared ownership: Shared ownership	3
Private rented: Other private rented	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the RM14 1NT have 2 people in household (35), and 1 person in household (32).

2 people in household	35
1 person in household	32
3 people in household	30
4 people in household	23
5 people in household	13
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0