Housing Market Analysis for FAITH CLOSE, RM2 5BF

Are you looking to understand RM2 5BF 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 RM2 5BF area, explore the RM2 5BF Area information page.
For comprehensive crime statistics in the RM2 5BF area, explore the RM2 5BF Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the RM2 5BF postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £300,000 median price is £265,000 Standard Deviation is £49,582 with Total Sold: 6
    • The most recent sale happened at this postcode is 3 FAITH CLOSE: £375,000 (Sold on 30 Nov 2018)
    • The first recorded sale happened at this postcode is 3 FAITH CLOSE: £265,000 (Sold on 04 Apr 2013)
  • Detached
    • The average price is around £305,000 median price is £305,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 5 FAITH CLOSE: £305,000 (Sold on 24 May 2013)
    • The first recorded sale happened at this postcode is 5 FAITH CLOSE: £305,000 (Sold on 24 May 2013)

Sold Price Trend Over the Years:

Below table and chart gives the average RM2 5BF 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
2018£375,000 £5,435 1
2017£365,000 £5,448 1
2013£265,000 £3,869 4
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£305,000 £3,466 1

All the Sales in the FAITH CLOSE, RM2 5BF

See the table below for more details on the sold house prices in the RM2 5BF, Havering postcode.

AddressSold DatePrice% Change
3 FAITH CLOSESemi-Detached, FreeholdArea: 69 Sq.mtr30 Nov 2018£375,00041.51%
04 Apr 2013£265,000First Sale
2 FAITH CLOSESemi-Detached, FreeholdArea: 67 Sq.mtrAge: INVALID!31 Jul 2017£365,00037.74%
05 Jul 2013£265,000First Sale
1 FAITH CLOSESemi-Detached, FreeholdArea: 69 Sq.mtr12 Jul 2013£265,000First Sale
4 FAITH CLOSESemi-Detached, FreeholdArea: 69 Sq.mtr27 Jun 2013£265,000First Sale
5 FAITH CLOSEDetached, FreeholdArea: 88 Sq.mtr24 May 2013£305,000First Sale

Check out the sold house prices near the RM2 5BF postcode. Properties currently for saleProperties currently for rent

FAITH CLOSE, RM2 5BF Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the RM2 5BF 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 RM2 5BF postcode.

  • Semi-Detached
    • The average price is around £301,807 median price is £275,000 Standard Deviation is £164,183 with Total Sold: 1,165
    • The Last 5 Year average price is £516,809 with Total Sold: 214
    • The most recent sale happened at this postcode is , 73 SLEWINS LANE: £800,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 26 SLEWINS LANE: £95,000 (Sold on 09 Jan 1995)
  • Flat
    • The average price is around £166,770 median price is £159,515 Standard Deviation is £94,244 with Total Sold: 1,080
    • The Last 5 Year average price is £270,568 with Total Sold: 170
    • The most recent sale happened at this postcode is FLAT 156, HAYNES PARK COURT SLEWINS CLOSE: £180,000 (Sold on 29 Aug 2024)
    • The first recorded sale happened at this postcode is , 76 STATION ROAD: £50,000 (Sold on 10 Feb 1995)
  • Terraced
    • The average price is around £259,371 median price is £240,000 Standard Deviation is £142,281 with Total Sold: 841
    • The Last 5 Year average price is £456,504 with Total Sold: 152
    • The most recent sale happened at this postcode is , 262 CARLTON ROAD: £525,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 1 BRIERLEY CLOSE: £69,000 (Sold on 27 Jan 1995)
  • Detached
    • The average price is around £389,396 median price is £375,000 Standard Deviation is £193,590 with Total Sold: 473
    • The Last 5 Year average price is £605,180 with Total Sold: 81
    • The most recent sale happened at this postcode is , 125 BALGORES LANE: £645,000 (Sold on 30 Jul 2024)
    • The first recorded sale happened at this postcode is , 144 SLEWINS LANE: £40,000 (Sold on 16 Jan 1995)
  • Other
    • The average price is around £483,682 median price is £345,000 Standard Deviation is £524,571 with Total Sold: 28
    • The Last 5 Year average price is £543,824 with Total Sold: 16
    • The most recent sale happened at this postcode is GROUND FLOOR UNIT, 395 - 397 BRENTWOOD ROAD: £567,000 (Sold on 28 Feb 2024)
    • The first recorded sale happened at this postcode is REAR BASEMENT, ACADEMY SQUARE, 1 ACADEMY FIELDS ROAD: £20,000 (Sold on 22 Mar 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£534,476 £6,020 21
2023£529,746 £5,664 32
2022£571,402 £5,709 41
2021£509,899 £5,030 48
2020£480,729 £5,121 35
2019£478,195 £4,855 37
2018£470,034 £4,859 41
2017£490,869 £4,869 42
2016£436,112 £4,499 29
2015£398,779 £3,651 42
2014£344,407 £3,467 43
2013£307,338 £3,099 37
2012£263,671 £3,229 35
2011£291,788 £3,077 33
2010£292,069 £2,989 36
2009£252,053 £2,603 28
2008£282,638 £3,003 24
2007£289,720 £2,982 38
2006£265,009 £2,776 49
2005£268,363 £2,950 54
2004£248,319 £2,536 54
2003£230,757 £1,980 35
2002£206,861 £1,855 44
2001£162,153 £1,762 47
2000£143,698 £1,461 29
1999£121,691 £1,177 45
1998£111,646 £1,099 44
1997£97,202 £986 46
1996£92,941 £925 36
1995£81,564 £768 40
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£274,964 £5,046 14
2023£287,935 £4,608 27
2022£279,796 £4,250 27
2021£252,521 £4,477 41
2020£269,443 £4,617 30
2019£270,374 £4,630 31
2018£254,511 £4,336 44
2017£278,993 £4,713 39
2016£247,007 £4,611 38
2015£206,573 £3,427 38
2014£193,298 £3,221 40
2013£189,510 £2,889 43
2012£165,750 £2,711 12
2011£158,477 £2,953 15
2010£157,630 £3,063 25
2009£159,363 £2,805 26
2008£181,050 £3,514 28
2007£190,000 £3,251 54
2006£182,976 £2,901 47
2005£163,457 £2,867 37
2004£165,822 £2,913 54
2003£139,225 £2,524 61
2002£97,367 £2,436 34
2001£80,801 £1,602 48
2000£66,797 £1,425 37
1999£57,841 £1,137 41
1998£53,664 £1,080 31
1997£44,519 £843 52
1996£47,412 £992 32
1995£44,609 £902 34
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£476,536 £5,405 14
2023£513,212 £5,330 16
2022£483,113 £5,345 30
2021£433,263 £4,818 46
2020£430,130 £5,091 27
2019£445,724 £4,434 19
2018£416,856 £4,755 26
2017£425,636 £4,786 22
2016£394,448 £4,488 26
2015£337,780 £3,883 35
2014£298,259 £3,334 29
2013£272,266 £3,152 15
2012£246,855 £2,960 31
2011£245,118 £2,793 17
2010£242,894 £2,850 15
2009£230,175 £2,747 24
2008£238,833 £2,920 15
2007£251,741 £2,937 42
2006£226,486 £2,641 36
2005£234,636 £2,735 31
2004£228,720 £2,635 36
2003£205,005 £2,128 37
2002£168,397 £1,871 33
2001£126,908 £1,483 42
2000£124,040 £1,440 29
1999£96,410 £1,141 43
1998£99,244 £1,037 23
1997£84,595 £987 34
1996£74,557 £804 21
1995£73,537 £822 27
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£510,333 £6,033 6
2023£574,783 £5,731 15
2022£699,368 £5,278 19
2021£588,179 £4,732 14
2020£608,571 £4,472 14
2019£561,023 £4,469 13
2018£546,458 £5,026 12
2017£650,750 £5,211 14
2016£538,524 £4,024 21
2015£507,487 £4,023 16
2014£390,000 £3,463 19
2013£413,039 £3,499 18
2012£311,591 £3,061 11
2011£417,250 £3,222 20
2010£431,900 £2,984 10
2009£355,450 £2,793 10
2008£375,571 £3,117 7
2007£372,848 £3,134 23
2006£383,905 £2,772 19
2005£370,072 £2,703 25
2004£421,864 £3,025 21
2003£318,000 £2,589 22
2002£228,357 £2,186 14
2001£222,261 £1,614 17
2000£215,916 £1,668 6
1999£181,991 £1,147 15
1998£175,071 £1,208 14
1997£162,858 £1,053 25
1996£144,289 £979 19
1995£121,911 £861 14
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£567,0001
2023£775,0001
2022£870,4064
2021£525,000 £5,107 4
2020£195,555 £2,038 3
2019£396,967 £2,833 3
2018£277,500 £3,039 2
2017£245,975 £2,581 4
2016£550,500 £315 6

House Type in RM2 5BF area

The most common house types in the RM2 5BF postcode area are Semi-detached (60), Terraced (28), and Detached (15).

Total113
Semi-detached60
Terraced28
Detached15
Shared house6
Flat2
converted building1
commercial building1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (52), and Owned: Owns outright (36).

Owned: Owns with a mortgage or loan52
Owned: Owns outright36
Private rented: Private landlord or letting agency21
Social rented: Rents from council or Local Authority1
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the RM2 5BF have 2 people in household (33), and 1 person in household (30).

2 people in household33
1 person in household30
3 people in household23
4 people in household21
5 people in household6
7 people in household2
0 people in household0
6 people in household0
8 or more people in household0