Housing Market Analysis for FARM DRIVE, RM16 2LY

Are you looking to understand RM16 2LY 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 Thurrock postcode.

For the location information and nearby amenities in the RM16 2LY area, explore the RM16 2LY Area information page.
For comprehensive crime statistics in the RM16 2LY area, explore the RM16 2LY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the RM16 2LY postcode area, The average prices are as follows,

  • Detached
    • The average price is around £356,000 median price is £351,000 Standard Deviation is £83,328 with Total Sold: 4
    • The most recent sale happened at this postcode is 1 FARM DRIVE: £475,000 (Sold on 17 Jan 2017)
    • The first recorded sale happened at this postcode is 1 FARM DRIVE: £247,000 (Sold on 22 Jul 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average RM16 2LY 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£475,000 £3,711 1
2016£322,000 £4,128 1
2014£380,000 £2,969 1
2002£247,000 £1,930 1

All the Sales in the FARM DRIVE, RM16 2LY

See the table below for more details on the sold house prices in the RM16 2LY, Thurrock postcode.

AddressSold DatePrice% Change
1 FARM DRIVEDetached, FreeholdArea: 128 Sq.mtrAge: 1991-199517 Jan 2017£475,00025.00%
07 Jul 2014£380,00053.85%
22 Jul 2002£247,000First Sale
2 FARM DRIVEDetached, FreeholdArea: 78 Sq.mtrAge: 1950-196619 Aug 2016£322,000First Sale

Check out the sold house prices near the RM16 2LY postcode. Properties currently for saleProperties currently for rent

FARM DRIVE, RM16 2LY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the RM16 2LY 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 RM16 2LY postcode.

  • Semi-Detached
    • The average price is around £236,486 median price is £227,000 Standard Deviation is £116,979 with Total Sold: 618
    • The Last 5 Year average price is £399,970 with Total Sold: 110
    • The most recent sale happened at this postcode is , 10 THE FIRS: £405,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 164 BLACKSHOTS LANE: £54,000 (Sold on 27 Jan 1995)
  • Terraced
    • The average price is around £203,248 median price is £195,000 Standard Deviation is £103,114 with Total Sold: 143
    • The Last 5 Year average price is £341,130 with Total Sold: 27
    • The most recent sale happened at this postcode is , 234 BLACKSHOTS LANE: £425,500 (Sold on 16 Feb 2024)
    • The first recorded sale happened at this postcode is , 76 FAIRWAY: £63,500 (Sold on 28 Feb 1995)
  • Detached
    • The average price is around £293,664 median price is £276,000 Standard Deviation is £145,482 with Total Sold: 105
    • The Last 5 Year average price is £467,737 with Total Sold: 19
    • The most recent sale happened at this postcode is , 293 LONG LANE: £737,500 (Sold on 30 Jun 2023)
    • The first recorded sale happened at this postcode is , 132 BLACKSHOTS LANE: £98,000 (Sold on 26 May 1995)
  • Other
    • The average price is around £370,875 median price is £466,000 Standard Deviation is £216,970 with Total Sold: 4
    • The Last 5 Year average price is £311,167 with Total Sold: 3
    • The most recent sale happened at this postcode is , 115 PRINCE PHILIP AVENUE: £437,000 (Sold on 10 Feb 2023)
    • The first recorded sale happened at this postcode is 2, THE GOSLINGS STIFFORD CLAYS ROAD: £550,000 (Sold on 24 Oct 2018)
  • Flat
    • The average price is around £107,500 median price is £107,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , 131 PRINCE PHILIP AVENUE: £107,500 (Sold on 28 Aug 2001)
    • The first recorded sale happened at this postcode is , 131 PRINCE PHILIP AVENUE: £107,500 (Sold on 28 Aug 2001)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£450,312 £5,180 8
2023£442,188 £5,018 16
2022£448,450 £4,794 20
2021£393,804 £4,655 22
2020£361,111 £4,150 22
2019£351,909 £3,595 22
2018£347,000 £3,681 20
2017£364,613 £4,001 22
2016£334,075 £3,486 20
2015£306,588 £2,897 17
2014£258,522 £2,631 23
2013£236,489 £2,606 24
2012£222,463 £2,750 23
2011£229,310 £2,670 21
2010£226,281 £2,507 16
2009£207,868 £2,426 19
2008£238,194 £2,381 18
2007£250,046 £2,503 28
2006£215,004 £2,053 20
2005£208,329 £2,198 25
2004£204,994 £2,221 30
2003£179,690 £2,044 22
2002£149,074 £1,680 24
2001£126,274 £1,237 20
2000£113,482 £1,218 14
1999£86,442 £907 27
1998£81,619 £924 21
1997£66,107 £723 20
1996£67,129 £846 20
1995£62,000 £641 14
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£425,5001
2023£369,667 £4,428 3
2022£381,375 £4,007 4
2021£369,857 £3,864 7
2020£298,214 £3,406 7
2019£294,800 £2,993 5
2018£321,400 £3,730 5
2017£324,416 £3,111 6
2016£264,500 £2,830 2
2015£253,500 £2,691 4
2014£224,625 £2,287 8
2013£216,375 £2,059 4
2012£168,000 £2,049 1
2011£216,250 £2,101 4
2010£210,125 £2,030 4
2009£186,915 £1,790 6
2008£200,000 £2,299 1
2007£227,832 £2,070 3
2006£175,000 £2,011 5
2005£190,832 £1,941 6
2004£195,687 £1,808 8
2003£162,221 £2,230 9
2002£123,399 £1,693 5
2001£95,785 £1,092 7
2000£90,124 £875 4
1999£67,285 £648 7
1998£65,749 £843 4
1997£69,875 £594 4
1996£57,928 £602 7
1995£52,000 £567 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£546,167 £5,209 3
2022£448,333 £5,408 3
2021£476,500 £5,467 2
2020£476,071 £4,134 7
2019£404,500 £3,843 4
2018£440,833 £4,336 3
2017£434,000 £4,438 4
2016£343,000 £3,616 4
2015£317,500 £3,254 6
2014£357,143 £3,085 7
2013£326,875 £3,052 4
2012£276,000 £3,534 1
2011£271,333 £2,872 6
2010£296,833 £3,061 3
2009£243,222 £2,386 3
2008£276,590 £1,657 7
2007£200,0001
2006£234,333 £1,475 3
2005£344,750 £2,208 2
2004£229,600 £3,680 5
2003£210,749 £2,116 4
2002£195,333 £2,061 3
2001£160,698 £1,298 5
2000£119,995 £1,791 1
1999£95,500 £936 1
1998£84,333 £1,108 3
1997£92,099 £1,163 5
1996£86,125 £853 4
1995£98,000 £1,400 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£437,000 £3,937 1
2020£495,000 £2,964 1
2019£1,500 £15 1
2018£550,000 £5,484 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2001£107,5001

House Type in RM16 2LY area

The most common house types in the RM16 2LY postcode area are Semi-detached (90), Detached (24), and Terraced (11).

Total125
Semi-detached90
Detached24
Terraced11
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (66), and Owned: Owns with a mortgage or loan (47).

Owned: Owns outright66
Owned: Owns with a mortgage or loan47
Private rented: Private landlord or letting agency8
Private rented: Other private rented3
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the RM16 2LY have 1 person in household (43), and 2 people in household (24).

1 person in household43
2 people in household24
4 people in household21
3 people in household20
5 people in household11
6 people in household3
7 people in household1
0 people in household0
8 or more people in household0