Housing Market Analysis for WALLACE WAY, RM1 4TG

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £364,350 median price is £365,000 Standard Deviation is £95,025 with Total Sold: 9
    • The Last 5 Year average price is £440,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 1 WALLACE WAY: £480,000 (Sold on 23 Feb 2024)
    • The first recorded sale happened at this postcode is 24 WALLACE WAY: £270,950 (Sold on 31 Mar 2003)
  • Terraced
    • The average price is around £325,375 median price is £284,875 Standard Deviation is £77,010 with Total Sold: 18
    • The Last 5 Year average price is £448,250 with Total Sold: 4
    • The most recent sale happened at this postcode is 8 WALLACE WAY: £505,000 (Sold on 01 Aug 2023)
    • The first recorded sale happened at this postcode is 23 WALLACE WAY: £268,950 (Sold on 07 Apr 2003)
  • Detached
    • The average price is around £431,725 median price is £399,950 Standard Deviation is £95,051 with Total Sold: 16
    • The Last 5 Year average price is £666,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 20 WALLACE WAY: £666,000 (Sold on 30 Aug 2022)
    • The first recorded sale happened at this postcode is 19 WALLACE WAY: £380,000 (Sold on 15 May 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average RM1 4TG 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£480,0001
2019£400,000 £3,200 1
2018£482,500 £4,468 2
2003£286,830 £2,240 5
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£505,000 £4,139 1
2021£415,000 £3,402 1
2020£435,000 £3,452 1
2019£438,000 £3,545 1
2016£435,000 £3,107 1
2013£270,000 £1,888 1
2012£287,000 £2,278 1
2011£287,000 £2,323 1
2010£310,000 £2,627 1
2006£295,000 £2,418 1
2003£272,469 £2,174 8
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£666,000 £4,162 1
2018£685,000 £3,325 1
2009£420,000 £2,039 1
2007£425,000 £4,124 2
2005£446,9951
2004£390,0001
2003£383,289 £2,555 9

All the Sales in the WALLACE WAY, RM1 4TG

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

AddressSold DatePrice% Change
1 WALLACE WAYSemi-Detached, Freehold23 Feb 2024£480,00092.00%
30 Jun 2003£250,000First Sale
8 WALLACE WAYTerraced, FreeholdArea: 122 Sq.mtrAge: 2003-200601 Aug 2023£505,00021.69%
15 Feb 2021£415,00040.68%
27 Sep 2006£295,0009.28%
29 Aug 2003£269,950First Sale
20 WALLACE WAYDetached, FreeholdArea: 160 Sq.mtrAge: 2003-200630 Aug 2022£666,00077.72%
28 May 2003£374,750First Sale
9 WALLACE WAYTerraced, FreeholdArea: 126 Sq.mtrAge: 2003-200624 Jul 2020£435,00051.57%
31 May 2012£287,0004.38%
27 Nov 2003£274,950First Sale
21 WALLACE WAYTerraced, FreeholdArea: 123.56 Sq.mtrAge: 2003-200617 Dec 2019£438,00052.61%
07 Oct 2011£287,0006.71%
09 May 2003£268,950First Sale
10 WALLACE WAYSemi-Detached, FreeholdArea: 125 Sq.mtrAge: 1996-200224 May 2019£400,00045.85%
14 Jul 2003£274,250First Sale
14 WALLACE WAYDetached, FreeholdArea: 206 Sq.mtrAge: 2003-200614 Dec 2018£685,00063.10%
17 Apr 2009£420,0005.01%
22 Dec 2003£399,950First Sale
24 WALLACE WAYSemi-Detached, FreeholdArea: 108 Sq.mtrAge: 2003-200610 Dec 2018£465,000-7.00%
29 Mar 2018£500,00084.54%
31 Mar 2003£270,950First Sale
11 WALLACE WAYTerraced, FreeholdArea: 140 Sq.mtrAge: 2003-200622 Aug 2016£435,000First Sale
23 WALLACE WAYTerraced, FreeholdArea: 143 Sq.mtrAge: 2003-200622 Feb 2013£270,0000.39%
07 Apr 2003£268,950First Sale
12 WALLACE WAYTerraced, FreeholdArea: 118 Sq.mtrAge: 2003-200625 Jun 2010£310,00012.62%
30 Jun 2003£275,250First Sale
15 WALLACE WAYDetached, FreeholdArea: 103.53 Sq.mtrAge: 2003-200624 Sep 2007£427,00022.00%
12 Sep 2003£350,000First Sale
16 WALLACE WAYDetached, Freehold02 Feb 2007£423,0008.46%
12 Mar 2004£390,000First Sale
18 WALLACE WAYDetached, Freehold27 May 2005£446,99511.19%
31 Oct 2003£402,000First Sale
6 WALLACE WAYDetached, Freehold05 Dec 2003£375,000First Sale
5 WALLACE WAYDetached, Freehold31 Oct 2003£380,000First Sale
13 WALLACE WAYDetached, Freehold30 Sep 2003£399,950First Sale
7 WALLACE WAYTerraced, Freehold26 Sep 2003£270,000First Sale
2 WALLACE WAYTerraced, Freehold07 Aug 2003£282,750First Sale
17 WALLACE WAYDetached, Freehold27 Jun 2003£387,950First Sale
19 WALLACE WAYDetached, Freehold15 May 2003£380,000First Sale
22 WALLACE WAYTerraced, Freehold30 Apr 2003£268,950First Sale
4 WALLACE WAYSemi-Detached, Freehold24 Apr 2003£365,000First Sale
3 WALLACE WAYSemi-Detached, Freehold31 Mar 2003£273,950First Sale

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

WALLACE WAY, RM1 4TG Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £278,059 median price is £250,000 Standard Deviation is £139,628 with Total Sold: 1,320
    • The Last 5 Year average price is £454,724 with Total Sold: 287
    • The most recent sale happened at this postcode is , 1 SPEY WAY: £710,000 (Sold on 11 Sep 2024)
    • The first recorded sale happened at this postcode is , 38 BERKELEY AVENUE: £64,300 (Sold on 09 Jan 1995)
  • Terraced
    • The average price is around £239,618 median price is £219,000 Standard Deviation is £126,697 with Total Sold: 929
    • The Last 5 Year average price is £418,863 with Total Sold: 165
    • The most recent sale happened at this postcode is , 14 DEE WAY: £650,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 27 MOWBRAYS ROAD: £75,000 (Sold on 12 Jan 1995)
  • Flat
    • The average price is around £150,732 median price is £145,000 Standard Deviation is £77,072 with Total Sold: 271
    • The Last 5 Year average price is £257,350 with Total Sold: 46
    • The most recent sale happened at this postcode is , 170 CHELMSFORD AVENUE: £287,000 (Sold on 30 Jul 2024)
    • The first recorded sale happened at this postcode is , 171 CHELMSFORD AVENUE: £45,000 (Sold on 27 Jan 1995)
  • Other
    • The average price is around £193,900 median price is £180,000 Standard Deviation is £154,419 with Total Sold: 9
    • The Last 5 Year average price is £155,800 with Total Sold: 5
    • The most recent sale happened at this postcode is , 59 HEATHER WAY: £427,000 (Sold on 10 May 2024)
    • The first recorded sale happened at this postcode is , 1 IVARO CLOSE: £340,000 (Sold on 03 Mar 2014)
  • Detached
    • The average price is around £317,086 median price is £320,000 Standard Deviation is £155,543 with Total Sold: 224
    • The Last 5 Year average price is £526,649 with Total Sold: 36
    • The most recent sale happened at this postcode is , 40 HORNDON ROAD: £577,500 (Sold on 30 Jan 2024)
    • The first recorded sale happened at this postcode is , 312 HAVERING ROAD: £125,000 (Sold on 21 Jul 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£522,526 £5,200 27
2023£471,100 £5,177 45
2022£503,381 £5,272 42
2021£445,713 £4,764 69
2020£426,235 £4,456 55
2019£405,287 £4,170 49
2018£419,468 £4,273 47
2017£397,929 £4,079 35
2016£399,483 £4,185 41
2015£366,281 £3,656 47
2014£302,010 £3,346 43
2013£269,047 £3,057 45
2012£266,903 £3,122 36
2011£250,836 £2,733 29
2010£256,148 £2,802 33
2009£237,702 £2,602 36
2008£245,239 £2,583 24
2007£268,241 £2,924 56
2006£238,401 £2,297 61
2005£228,365 £2,298 41
2004£232,468 £2,361 56
2003£222,224 £2,215 38
2002£184,684 £1,670 52
2001£151,793 £1,753 49
2000£135,271 £1,309 43
1999£108,122 £1,230 42
1998£105,205 £1,118 63
1997£95,122 £932 34
1996£84,508 £950 45
1995£80,253 £866 37
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£456,923 £5,094 13
2023£442,017 £4,881 30
2022£462,870 £5,193 23
2021£398,931 £4,581 53
2020£378,911 £4,447 27
2019£415,368 £4,257 19
2018£361,640 £4,396 43
2017£371,789 £4,350 38
2016£353,517 £4,138 29
2015£309,629 £3,291 31
2014£258,967 £3,037 30
2013£223,918 £2,619 31
2012£226,469 £2,594 32
2011£221,497 £2,705 23
2010£220,231 £2,565 27
2009£200,011 £2,440 26
2008£217,818 £2,201 11
2007£221,018 £2,626 40
2006£205,467 £2,258 37
2005£207,548 £2,268 34
2004£183,459 £2,297 37
2003£197,315 £1,986 42
2002£147,843 £1,606 42
2001£122,728 £1,455 38
2000£108,597 £1,361 19
1999£86,938 £986 30
1998£90,631 £967 36
1997£69,033 £815 32
1996£68,490 £787 28
1995£66,450 £755 28
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£273,400 £4,143 5
2023£271,062 £4,040 8
2022£280,318 £4,099 11
2021£236,662 £3,924 9
2020£232,629 £3,513 7
2019£243,458 £3,662 6
2018£271,250 £4,762 4
2017£252,650 £3,919 10
2016£222,500 £3,588 10
2015£171,163 £2,549 7
2014£162,417 £2,482 6
2013£155,167 £2,383 6
2012£151,182 £2,386 11
2011£144,750 £2,267 14
2010£126,857 £1,844 7
2009£149,312 £2,039 8
2008£165,582 £2,558 6
2007£190,165 £2,886 9
2006£143,846 £2,194 21
2005£135,062 £2,024 12
2004£131,249 £1,878 8
2003£119,625 £1,769 4
2002£95,799 £1,574 15
2001£77,983 £1,526 12
2000£82,447 £834 7
1999£61,106 £870 14
1998£55,781 £952 8
1997£47,439 £805 9
1996£40,416 £594 6
1995£45,636 £711 11
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£427,0001
2023£325,000 £4,643 1
2021£10,0001
2019£8,5002
2018£130,100 £2,128 1
2017£316,0001
2015£180,000 £2,069 1
2014£340,000 £3,778 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£577,5001
2023£637,700 £6,200 5
2022£583,080 £5,374 11
2021£431,611 £5,537 9
2020£505,000 £6,084 1
2019£487,778 £5,593 9
2018£452,857 £4,097 7
2017£443,769 £4,938 13
2016£454,667 £4,084 9
2015£359,545 £4,066 11
2014£321,143 £3,211 7
2013£343,000 £3,960 4
2012£321,000 £2,931 5
2011£359,998 £3,359 2
2010£246,962 £2,648 4
2009£316,700 £2,837 5
2008£275,700 £2,489 5
2007£330,353 £3,105 17
2006£247,500 £2,540 4
2005£390,9982
2004£294,033 £2,906 15
2003£321,107 £2,041 15
2002£200,833 £1,608 6
2001£174,400 £2,271 5
2000£170,158 £1,642 6
1999£152,874 £1,431 8
1998£127,158 £1,424 6
1997£125,562 £1,240 4
1996£116,100 £896 20
1995£82,969 £920 8

House Type in RM1 4TG area

The most common house types in the RM1 4TG postcode area are Semi-detached (86), Terraced (52), and Detached (18).

Total166
Semi-detached86
Terraced52
Detached18
commercial building5
Flat3
Shared house1
temporary structure1
converted building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (80), and Owned: Owns with a mortgage or loan (71).

Owned: Owns outright80
Owned: Owns with a mortgage or loan71
Private rented: Private landlord or letting agency9
Private rented: Other private rented4
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the RM1 4TG have 2 people in household (54), and 3 people in household (38).

2 people in household54
3 people in household38
4 people in household32
1 person in household31
5 people in household6
6 people in household3
7 people in household2
0 people in household0
8 or more people in household0