Housing Market Analysis for LAKE RISE, RM1 4DY

Are you looking to understand RM1 4DY 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 4DY area, explore the RM1 4DY Area information page.
For comprehensive crime statistics in the RM1 4DY area, explore the RM1 4DY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the RM1 4DY postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £459,100 median price is £499,999 Standard Deviation is £247,323 with Total Sold: 25
- The Last 5 Year average price is £870,000 with Total Sold: 3
- The most recent sale happened at this postcode is 16 LAKE RISE: £955,000 (Sold on 20 Dec 2021)
- The first recorded sale happened at this postcode is 22 LAKE RISE: £185,000 (Sold on 11 Dec 1995)
Detached
- The average price is around £741,667 median price is £715,000 Standard Deviation is £200,928 with Total Sold: 3
- The Last 5 Year average price is £715,000 with Total Sold: 1
- The most recent sale happened at this postcode is 30 LAKE RISE: £715,000 (Sold on 09 Jul 2020)
- The first recorded sale happened at this postcode is 18 LAKE RISE: £510,000 (Sold on 10 Sep 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average RM1 4DY 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
2021	£815,000	£5,287	2
2020	£980,000	£4,083	1
2019	£850,000	£4,775	1
2018	£680,000	£5,763	1
2015	£725,000	£3,816	1
2013	£522,500	£3,680	1
2009	£499,999		1
2008	£550,000		1
2007	£530,000	£3,283	2
2005	£533,750	£3,320	2
2004	£420,000	£2,410	2
2001	£250,000		1
1999	£254,000	£1,495	2
1998	£249,995		1
1997	£188,625	£1,259	4
1996	£125,000	£1,059	1
1995	£185,000	£1,039	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£715,000	£6,008	1
2014	£1,000,000	£4,016	1
2004	£510,000	£2,048	1

All the Sales in the LAKE RISE, RM1 4DY

See the table below for more details on the sold house prices in the RM1 4DY, Havering postcode.

Address	Sold Date	Price	% Change
16 LAKE RISESemi-Detached, FreeholdArea: 166 Sq.mtrAge: 1930-1949	20 Dec 2021	£955,000	75.23%
	13 Feb 2007	£545,000	36.25%
	29 Mar 2004	£400,000	First Sale
36 LAKE RISESemi-Detached, FreeholdArea: 140 Sq.mtrAge: 1900-1929	23 Apr 2021	£675,000	First Sale
30 LAKE RISEDetached, FreeholdArea: 119 Sq.mtrAge: 1930-1949	09 Jul 2020	£715,000	First Sale
50 LAKE RISESemi-Detached, FreeholdArea: 240 Sq.mtrAge: 1930-1949	07 Feb 2020	£980,000	84.04%
	07 Jun 2005	£532,500	First Sale
22 LAKE RISESemi-Detached, FreeholdArea: 178 Sq.mtrAge: 1930-1949	25 Jun 2019	£850,000	304.76%
	28 Jul 1997	£210,000	13.51%
	11 Dec 1995	£185,000	First Sale
8 LAKE RISESemi-Detached, FreeholdArea: 118 Sq.mtrAge: 1930-1949	25 Jun 2018	£680,000	444.00%
	03 May 1996	£125,000	First Sale
4 LAKE RISESemi-Detached, FreeholdArea: 190 Sq.mtrAge: 1930-1949	06 Aug 2015	£725,000	155.28%
	26 Nov 1999	£284,000	First Sale
18 LAKE RISEDetached, FreeholdArea: 249 Sq.mtrAge: 1950-1966	25 Apr 2014	£1,000,000	96.08%
	10 Sep 2004	£510,000	First Sale
52 LAKE RISESemi-Detached, FreeholdArea: 142 Sq.mtrAge: 1900-1929	15 Aug 2013	£522,500	First Sale
2 LAKE RISESemi-Detached, Freehold	05 Jun 2009	£499,999	100.00%
2 LAKE RISESemi-Detached, Freehold	06 Jan 1998	£249,995	First Sale
34 LAKE RISESemi-Detached, Freehold	12 Feb 2008	£550,000	25.00%
34 LAKE RISESemi-Detached, Freehold	24 Sep 2004	£440,000	First Sale
58 LAKE RISESemi-Detached, Freehold	02 Nov 2007	£515,000	178.38%
58 LAKE RISESemi-Detached, Freehold	15 Aug 1997	£185,000	First Sale
24 LAKE RISESemi-Detached, FreeholdArea: 121 Sq.mtrAge: 1930-1949	15 Nov 2005	£535,000	First Sale
12 LAKE RISESemi-Detached, Freehold	20 Mar 2001	£250,000	First Sale
10 LAKE RISESemi-Detached, Freehold	07 Sep 1999	£224,000	First Sale
42 LAKE RISESemi-Detached, Freehold	22 Dec 1997	£189,500	First Sale
14 LAKE RISESemi-Detached, FreeholdArea: 127 Sq.mtrAge: 1900-1929	20 May 1997	£170,000	First Sale

Check out the sold house prices near the RM1 4DY postcode. Properties currently for saleProperties currently for rent

LAKE RISE, RM1 4DY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the RM1 4DY 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 4DY postcode.

Terraced
- The average price is around £325,388 median price is £299,998 Standard Deviation is £181,414 with Total Sold: 222
- The Last 5 Year average price is £580,872 with Total Sold: 39
- The most recent sale happened at this postcode is , 5 ROSEMARY AVENUE: £565,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 18 THE RIDGEWAY: £87,800 (Sold on 17 Jan 1995)
Semi-Detached
- The average price is around £372,093 median price is £355,000 Standard Deviation is £192,794 with Total Sold: 630
- The Last 5 Year average price is £612,523 with Total Sold: 111
- The most recent sale happened at this postcode is , 96 LAKE RISE: £875,000 (Sold on 05 Sep 2024)
- The first recorded sale happened at this postcode is , 16 TUDOR GARDENS: £124,000 (Sold on 03 Jan 1995)
Detached
- The average price is around £507,339 median price is £435,000 Standard Deviation is £300,754 with Total Sold: 490
- The Last 5 Year average price is £864,114 with Total Sold: 64
- The most recent sale happened at this postcode is , 124 MAIN ROAD: £762,500 (Sold on 15 Aug 2024)
- The first recorded sale happened at this postcode is , 72 MAIN ROAD: £80,000 (Sold on 16 Feb 1995)
Flat
- The average price is around £205,265 median price is £200,000 Standard Deviation is £89,378 with Total Sold: 513
- The Last 5 Year average price is £316,240 with Total Sold: 59
- The most recent sale happened at this postcode is , 28 TUDOR DRIVE: £400,000 (Sold on 06 Aug 2024)
- The first recorded sale happened at this postcode is FLAT 8, ST. JAMES COURT GILBERT ROAD: £80,995 (Sold on 20 Jan 1995)
Other
- The average price is around £1,415,636 median price is £425,000 Standard Deviation is £2,697,924 with Total Sold: 16
- The Last 5 Year average price is £318,392 with Total Sold: 6
- The most recent sale happened at this postcode is , 19 TUDOR DRIVE: £350,000 (Sold on 16 Aug 2023)
- The first recorded sale happened at this postcode is , CROWN HOUSE, 30 MAIN ROAD: £4,360,319 (Sold on 18 Jul 2014)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£535,500		2
2023	£580,000	£5,778	8
2022	£631,727	£5,784	11
2021	£591,714	£5,052	7
2020	£532,000	£4,918	11
2019	£580,400	£5,699	5
2018	£500,500	£4,184	6
2017	£497,500	£5,382	5
2016	£443,900	£4,474	10
2015	£427,222	£3,736	9
2014	£316,820	£3,215	5
2013	£322,600	£3,096	5
2012	£330,000	£2,719	3
2011	£320,000	£3,090	5
2010	£313,499	£3,101	4
2009	£282,917	£2,946	6
2008	£329,400	£2,749	5
2007	£309,611	£2,721	9
2006	£304,769	£2,418	8
2005	£265,550	£2,088	9
2004	£290,624	£1,821	8
2003	£279,250	£2,032	10
2002	£204,915	£1,821	12
2001	£176,318	£1,425	11
2000	£163,562	£1,371	8
1999	£130,248	£1,122	6
1998	£105,000	£1,145	7
1997	£102,520	£856	10
1996	£88,000	£752	11
1995	£95,216	£638	6

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£681,875		8
2023	£597,419	£5,668	21
2022	£671,750	£6,002	16
2021	£600,673	£5,241	36
2020	£587,233	£4,909	30
2019	£602,722	£5,178	18
2018	£617,770	£4,814	25
2017	£478,357	£4,815	14
2016	£517,342	£4,792	19
2015	£505,531	£3,679	16
2014	£418,265	£3,643	17
2013	£402,552	£3,347	19
2012	£381,964	£3,272	14
2011	£369,626	£3,272	23
2010	£348,542	£3,399	12
2009	£338,500	£2,821	19
2008	£378,382	£3,142	17
2007	£389,015	£2,763	33
2006	£326,154	£2,582	24
2005	£326,804	£2,581	23
2004	£313,864	£2,281	26
2003	£269,739	£2,133	23
2002	£240,549	£2,096	20
2001	£215,499	£1,766	14
2000	£189,167	£1,461	15
1999	£156,600	£1,273	23
1998	£158,638	£1,123	18
1997	£134,851	£989	33
1996	£106,084	£922	26
1995	£106,750	£875	28

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£975,625	£4,462	4
2023	£894,667	£5,576	15
2022	£955,595	£5,785	19
2021	£837,206	£5,392	17
2020	£621,333	£4,515	9
2019	£822,607	£4,416	14
2018	£758,056	£4,956	9
2017	£812,136	£5,056	11
2016	£779,727	£5,378	12
2015	£714,179	£3,953	14
2014	£615,857	£3,750	21
2013	£515,772	£3,165	11
2012	£568,710	£3,299	6
2011	£466,500	£3,213	10
2010	£628,146	£3,802	12
2009	£573,944	£3,971	9
2008	£556,317	£2,578	11
2007	£543,422	£3,262	27
2006	£513,156	£2,834	16
2005	£545,125	£2,561	16
2004	£426,646	£2,805	24
2003	£473,892	£2,255	16
2002	£373,933	£1,975	15
2001	£336,370	£1,879	38
2000	£295,330	£1,547	27
1999	£285,784	£1,569	44
1998	£230,056	£1,444	17
1997	£193,722	£1,080	18
1996	£218,211	£920	15
1995	£163,200	£880	13

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£317,500		7
2023	£340,292	£5,409	12
2022	£311,807	£5,536	7
2021	£317,896	£5,263	24
2020	£282,222	£4,842	9
2019	£290,800	£4,863	10
2018	£312,883	£4,818	15
2017	£304,937	£5,122	16
2016	£295,760	£4,661	25
2015	£245,860	£3,932	20
2014	£225,033	£3,625	18
2013	£203,750	£3,169	16
2012	£197,000	£2,985	7
2011	£214,353	£3,287	15
2010	£220,005	£3,584	41
2009	£228,182	£3,504	31
2008	£223,882	£3,157	17
2007	£208,946	£3,259	28
2006	£201,174	£3,210	23
2005	£178,538	£2,917	13
2004	£164,700	£2,644	10
2003	£155,192	£2,504	13
2002	£149,437	£2,503	33
2001	£110,354	£2,042	14
2000	£90,962	£1,709	13
1999	£106,779	£1,695	22
1998	£65,923	£1,104	13
1997	£62,000	£958	9
1996	£62,635	£1,113	18
1995	£73,798	£1,180	14

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£350,000	£6,755	2
2022	£620,000		1
2021	£19,000	£260	1
2020	£285,675		2
2019	£320,000	£5,000	1
2018	£3,028,750	£4,565	4
2017	£1,417,250	£4,683	2
2016	£555,000		2
2014	£4,360,319		1

House Type in RM1 4DY area

The most common house types in the RM1 4DY postcode area are Semi-detached (92), Detached (30), and Terraced (2).

Total	124
Semi-detached	92
Detached	30
Terraced	2
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 (74), and Owned: Owns with a mortgage or loan (41).

Owned: Owns outright	74
Owned: Owns with a mortgage or loan	41
Private rented: Private landlord or letting agency	6
Social rented: Rents from council or Local Authority	1
Social rented: Other social rented	1
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the RM1 4DY have 2 people in household (46), and 1 person in household (31).

2 people in household	46
1 person in household	31
3 people in household	22
4 people in household	15
5 people in household	6
6 people in household	3
7 people in household	1
0 people in household	0
8 or more people in household	0