Housing Market Analysis for PARK DRIVE, RM1 4LJ

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

Overview of Sold House prices

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

Detached
- The average price is around £506,667 median price is £485,000 Standard Deviation is £271,917 with Total Sold: 3
- The Last 5 Year average price is £850,000 with Total Sold: 1
- The most recent sale happened at this postcode is 13 PARK DRIVE: £850,000 (Sold on 27 Sep 2022)
- The first recorded sale happened at this postcode is 19 PARK DRIVE: £185,000 (Sold on 24 Feb 1995)
Semi-Detached
- The average price is around £336,772 median price is £320,000 Standard Deviation is £200,938 with Total Sold: 23
- The Last 5 Year average price is £563,000 with Total Sold: 2
- The most recent sale happened at this postcode is 6 PARK DRIVE: £641,000 (Sold on 06 May 2022)
- The first recorded sale happened at this postcode is 5 PARK DRIVE: £107,000 (Sold on 27 Mar 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average RM1 4LJ 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£850,000	£4,474	1
2006	£485,000		1
1995	£185,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£563,000	£4,730	2
2019	£697,628	£4,108	2
2018	£525,000	£3,723	1
2017	£690,000	£4,423	1
2014	£320,000	£3,678	1
2013	£237,000	£2,724	1
2012	£344,000	£3,128	1
2011	£345,000		1
2009	£435,000	£1,480	1
2007	£340,000		1
2006	£369,000	£2,860	1
2005	£195,000	£1,561	2
2004	£200,000	£1,418	1
2003	£249,995		1
2001	£239,995		1
1996	£108,125	£854	4
1995	£107,000		1

All the Sales in the PARK DRIVE, RM1 4LJ

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

Address	Sold Date	Price	% Change
13 PARK DRIVEDetached, FreeholdArea: 190 Sq.mtrAge: 1900-1929	27 Sep 2022	£850,000	First Sale
6 PARK DRIVESemi-Detached, FreeholdArea: 129 Sq.mtrAge: 1930-1949	06 May 2022	£641,000	73.71%
	10 Nov 2006	£369,000	First Sale
23 PARK DRIVESemi-Detached, FreeholdArea: 108 Sq.mtrAge: 1930-1949	18 Mar 2022	£485,000	First Sale
25 PARK DRIVESemi-Detached, FreeholdArea: 294 Sq.mtrAge: 1930-1949	20 Feb 2019	£820,000	88.51%
	08 May 2009	£435,000	First Sale
16 PARK DRIVESemi-Detached, FreeholdArea: 106 Sq.mtrAge: 1930-1949	15 Jan 2019	£575,255	167.56%
	14 Oct 2005	£215,000	First Sale
4 PARK DRIVESemi-Detached, FreeholdArea: 141 Sq.mtrAge: 1950-1966	25 Jan 2018	£525,000	162.50%
	27 Feb 2004	£200,000	First Sale
15 PARK DRIVESemi-Detached, FreeholdArea: 156 Sq.mtrAge: 1930-1949	28 Apr 2017	£690,000	675.28%
	28 May 1996	£89,000	First Sale
12 PARK DRIVESemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1930-1949	27 May 2014	£320,000	35.02%
	19 Jun 2013	£237,000	First Sale
27 PARK DRIVESemi-Detached, FreeholdArea: 109.97 Sq.mtrAge: 1930-1949	17 May 2012	£344,000	175.20%
	13 Dec 1996	£125,000	First Sale
11 PARK DRIVESemi-Detached, Freehold	17 Mar 2011	£345,000	38.00%
11 PARK DRIVESemi-Detached, Freehold	21 Nov 2003	£249,995	First Sale
8 PARK DRIVESemi-Detached, Freehold	02 Feb 2007	£340,000	First Sale
19 PARK DRIVEDetached, Freehold	09 Jan 2006	£485,000	162.16%
19 PARK DRIVEDetached, Freehold	24 Feb 1995	£185,000	First Sale
14 PARK DRIVESemi-Detached, FreeholdArea: 160 Sq.mtrAge: 1950-1966	22 Jul 2005	£175,000	First Sale
17 PARK DRIVESemi-Detached, Freehold	02 Apr 2001	£239,995	First Sale
9 PARK DRIVESemi-Detached, Freehold	20 Sep 1996	£150,000	First Sale
2 PARK DRIVESemi-Detached, Freehold	20 Aug 1996	£68,500	First Sale
5 PARK DRIVESemi-Detached, Freehold	27 Mar 1995	£107,000	First Sale

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

PARK DRIVE, RM1 4LJ Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £266,975 median price is £235,000 Standard Deviation is £155,284 with Total Sold: 911
- The Last 5 Year average price is £498,182 with Total Sold: 126
- The most recent sale happened at this postcode is , 92 DORSET AVENUE: £590,000 (Sold on 23 Sep 2024)
- The first recorded sale happened at this postcode is , 15 LINDEN STREET: £82,000 (Sold on 03 Jan 1995)
Flat
- The average price is around £184,105 median price is £185,000 Standard Deviation is £74,022 with Total Sold: 874
- The Last 5 Year average price is £255,510 with Total Sold: 141
- The most recent sale happened at this postcode is FLAT 8, DERWENT COURT RIVERSIDE CLOSE: £272,000 (Sold on 12 Sep 2024)
- The first recorded sale happened at this postcode is , 7 DUNTON ROAD: £25,500 (Sold on 17 Feb 1995)
Terraced
- The average price is around £228,359 median price is £213,000 Standard Deviation is £129,233 with Total Sold: 1,103
- The Last 5 Year average price is £435,962 with Total Sold: 144
- The most recent sale happened at this postcode is , 16 BROOKLANDS ROAD: £435,000 (Sold on 19 Jul 2024)
- The first recorded sale happened at this postcode is , 16 EASTERN AVENUE EAST: £71,000 (Sold on 31 Jan 1995)
Other
- The average price is around £1,037,822 median price is £433,000 Standard Deviation is £1,625,170 with Total Sold: 57
- The Last 5 Year average price is £1,019,161 with Total Sold: 21
- The most recent sale happened at this postcode is , 01-Mar MARKET PLACE: £985,638 (Sold on 13 Dec 2023)
- The first recorded sale happened at this postcode is , COBORN ENGINEERING CO LTD CHESHAM CLOSE: £375,000 (Sold on 19 Jun 2014)
Detached
- The average price is around £431,349 median price is £399,500 Standard Deviation is £213,946 with Total Sold: 244
- The Last 5 Year average price is £681,943 with Total Sold: 35
- The most recent sale happened at this postcode is , 47 BROOKLANDS ROAD: £525,000 (Sold on 05 Dec 2023)
- The first recorded sale happened at this postcode is , 19 PARK DRIVE: £185,000 (Sold on 24 Feb 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£516,350	£4,499	10
2023	£565,562	£5,402	17
2022	£522,842	£5,134	32
2021	£460,751	£4,954	46
2020	£479,397	£4,623	21
2019	£439,625	£4,337	26
2018	£416,340	£4,253	36
2017	£429,519	£4,356	27
2016	£393,983	£3,814	30
2015	£346,138	£3,743	29
2014	£309,459	£3,283	27
2013	£275,355	£2,837	31
2012	£252,205	£2,657	22
2011	£269,432	£2,990	14
2010	£265,459	£2,780	19
2009	£247,769	£2,376	26
2008	£272,222	£2,554	18
2007	£281,502	£2,615	45
2006	£252,115	£2,527	33
2005	£222,652	£2,208	24
2004	£226,307	£2,112	39
2003	£207,244	£2,156	47
2002	£174,503	£1,735	42
2001	£145,305	£1,508	32
2000	£128,047	£1,274	31
1999	£101,595	£1,025	48
1998	£110,832	£947	24
1997	£83,083	£813	37
1996	£88,043	£827	41
1995	£78,542	£810	37

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£238,857		7
2023	£215,812	£4,108	16
2022	£274,749	£5,632	72
2021	£251,257	£4,626	35
2020	£211,455	£4,199	11
2019	£265,460	£5,176	40
2018	£248,058	£4,224	30
2017	£235,071	£4,134	39
2016	£212,791	£3,840	46
2015	£192,233	£3,543	45
2014	£190,219	£3,135	57
2013	£148,344	£2,763	16
2012	£146,409	£2,502	11
2011	£117,475	£2,227	10
2010	£156,210	£2,602	31
2009	£149,578	£2,589	37
2008	£159,193	£2,501	42
2007	£194,561	£3,403	145
2006	£158,150	£2,873	29
2005	£123,045	£2,480	11
2004	£147,210	£2,610	30
2003	£143,104	£2,471	13
2002	£85,125	£1,859	16
2001	£75,023	£1,270	14
2000	£61,818	£1,153	11
1999	£53,792	£980	12
1998	£48,843	£868	14
1997	£43,356	£801	16
1996	£34,300	£663	14
1995	£31,625	£713	4

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£463,850		10
2023	£440,225	£4,836	20
2022	£479,132	£4,968	38
2021	£419,543	£4,633	49
2020	£391,519	£3,991	27
2019	£377,884	£4,338	25
2018	£383,800	£3,971	40
2017	£377,539	£4,320	35
2016	£368,437	£4,221	24
2015	£298,052	£3,311	33
2014	£269,988	£2,929	41
2013	£236,444	£2,669	27
2012	£232,904	£2,431	26
2011	£220,976	£2,555	21
2010	£229,706	£2,457	34
2009	£196,152	£2,407	23
2008	£240,303	£2,680	33
2007	£244,045	£2,623	50
2006	£213,722	£2,372	64
2005	£204,682	£2,177	44
2004	£202,385	£2,049	45
2003	£189,296	£2,035	27
2002	£142,167	£1,769	53
2001	£125,574	£1,490	54
2000	£106,492	£1,120	45
1999	£89,440	£980	43
1998	£83,408	£907	30
1997	£71,140	£831	46
1996	£65,008	£644	53
1995	£63,496	£630	43

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£720,160		4
2022	£2,475,000		3
2021	£1,029,679	£297	7
2020	£555,571		7
2019	£1,351,885	£2,278	11
2018	£810,125	£952	8
2017	£3,056,312		4
2016	£255,929		7
2015	£427,500	£9,231	4
2014	£337,500		2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£636,500	£5,096	8
2022	£890,000	£4,878	8
2021	£616,067	£4,937	15
2020	£603,750	£4,140	4
2019	£689,500	£3,850	4
2018	£585,500	£6,062	5
2017	£656,222	£4,707	9
2016	£712,833	£6,083	6
2015	£487,429	£3,999	7
2014	£492,333	£3,384	9
2013	£484,199	£3,084	5
2012	£395,250	£3,045	5
2011	£473,000	£3,467	5
2010	£470,000	£3,384	2
2009	£373,000	£2,544	3
2008	£463,082	£2,589	6
2007	£478,045	£2,908	10
2006	£431,708	£2,480	12
2005	£461,750	£2,913	4
2004	£403,909	£3,507	11
2003	£401,000	£2,553	7
2002	£304,667	£2,099	9
2001	£343,733	£1,990	26
2000	£342,795	£1,810	10
1999	£292,238	£1,537	29
1998	£187,700	£1,192	5
1997	£119,071	£983	7
1996	£142,232	£996	5
1995	£118,375	£653	8

House Type in RM1 4LJ area

The most common house types in the RM1 4LJ postcode area are Terraced (51), Semi-detached (50), and Detached (17).

Total	119
Terraced	51
Semi-detached	50
Detached	17
Flat	1
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 with a mortgage or loan (54), and Owned: Owns outright (52).

Owned: Owns with a mortgage or loan	54
Owned: Owns outright	52
Private rented: Private landlord or letting agency	11
Social rented: Rents from council or Local Authority	1
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the RM1 4LJ have 2 people in household (34), and 4 people in household (28).

2 people in household	34
4 people in household	28
3 people in household	23
1 person in household	16
5 people in household	14
6 people in household	5
7 people in household	1
0 people in household	0
8 or more people in household	0