Housing Market Analysis for THE RIDGEWAY, RM2 5BT

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £311,802 median price is £312,250 Standard Deviation is £166,931 with Total Sold: 24
    • The Last 5 Year average price is £509,250 with Total Sold: 4
    • The most recent sale happened at this postcode is 48 THE RIDGEWAY: £510,000 (Sold on 14 Aug 2020)
    • The first recorded sale happened at this postcode is 34 THE RIDGEWAY: £79,995 (Sold on 09 Aug 1995)
  • Detached
    • The average price is around £405,000 median price is £405,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 54 THE RIDGEWAY: £405,000 (Sold on 24 Jul 2009)
    • The first recorded sale happened at this postcode is 54 THE RIDGEWAY: £405,000 (Sold on 24 Jul 2009)
  • Semi-Detached
    • The average price is around £301,500 median price is £301,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 21 THE RIDGEWAY: £301,500 (Sold on 07 Aug 2008)
    • The first recorded sale happened at this postcode is 21 THE RIDGEWAY: £301,500 (Sold on 07 Aug 2008)

Sold Price Trend Over the Years:

Below table and chart gives the average RM2 5BT 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£510,000 £5,078 2
2019£508,500 £5,194 2
2018£577,500 £3,927 2
2016£350,000 £3,959 1
2015£475,000 £5,220 1
2014£363,000 £3,524 1
2012£325,000 £3,155 1
2011£260,000 £2,917 2
2009£312,250 £3,024 2
2005£232,500 £2,194 2
2003£282,500 £1,936 2
2001£139,500 £1,354 1
1998£135,000 £1,484 1
1996£83,083 £580 3
1995£79,9951
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2009£405,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2008£301,500 £2,985 1

All the Sales in the THE RIDGEWAY, RM2 5BT

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

AddressSold DatePrice% Change
48 THE RIDGEWAYTerraced, FreeholdArea: 103 Sq.mtrAge: 1930-194914 Aug 2020£510,00040.50%
06 Jun 2014£363,00011.69%
05 Oct 2012£325,00041.30%
09 May 2005£230,00064.87%
31 Jan 2001£139,500First Sale
32A THE RIDGEWAYTerraced, FreeholdArea: 98 Sq.mtr19 Feb 2020£510,000First Sale
38 THE RIDGEWAYTerraced, FreeholdArea: 109 Sq.mtrAge: 1930-194903 Sep 2019£522,00065.71%
12 Jun 2009£315,00034.04%
03 Feb 2005£235,000First Sale
40 THE RIDGEWAYTerraced, FreeholdArea: 88.4 Sq.mtrAge: 1950-196608 Jul 2019£495,00041.43%
11 Mar 2016£350,00027.27%
06 Oct 2011£275,000First Sale
19 THE RIDGEWAYTerraced, FreeholdArea: 190 Sq.mtrAge: 1930-194917 Oct 2018£720,000108.70%
29 Jan 2003£345,000279.12%
08 Aug 1996£91,000First Sale
36 THE RIDGEWAYTerraced, FreeholdArea: 107 Sq.mtrAge: 1950-196619 Feb 2018£435,00097.73%
11 Apr 2003£220,000207.69%
21 Mar 1996£71,500First Sale
32 THE RIDGEWAYTerraced, FreeholdArea: 91 Sq.mtrAge: 1930-194923 Nov 2015£475,000251.85%
04 Sep 1998£135,000First Sale
50 THE RIDGEWAYTerraced, FreeholdArea: 90 Sq.mtrAge: 1930-194919 Sep 2011£245,000First Sale
23 THE RIDGEWAYTerraced, FreeholdArea: 98 Sq.mtrAge: 1930-194918 Sep 2009£309,500First Sale
54 THE RIDGEWAYDetached, Freehold24 Jul 2009£405,000First Sale
21 THE RIDGEWAYSemi-Detached, FreeholdArea: 101 Sq.mtrAge: 1930-194907 Aug 2008£301,500First Sale
52 THE RIDGEWAYTerraced, FreeholdArea: 146 Sq.mtrAge: 1930-194931 Jan 1996£86,750First Sale
34 THE RIDGEWAYTerraced, Freehold09 Aug 1995£79,995First Sale

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

THE RIDGEWAY, RM2 5BT Near By properties

Interactive Map

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

  • Flat
    • The average price is around £173,400 median price is £162,000 Standard Deviation is £92,104 with Total Sold: 1,152
    • The Last 5 Year average price is £290,526 with Total Sold: 162
    • The most recent sale happened at this postcode is , 12 HARCOURT MEWS: £220,000 (Sold on 12 Sep 2024)
    • The first recorded sale happened at this postcode is FLAT 8, ST. JAMES COURT GILBERT ROAD: £80,995 (Sold on 20 Jan 1995)
  • Semi-Detached
    • The average price is around £351,371 median price is £322,250 Standard Deviation is £191,595 with Total Sold: 744
    • The Last 5 Year average price is £592,689 with Total Sold: 148
    • The most recent sale happened at this postcode is , 15 BALGORES SQUARE: £940,000 (Sold on 22 Aug 2024)
    • The first recorded sale happened at this postcode is , 16 TUDOR GARDENS: £124,000 (Sold on 03 Jan 1995)
  • Terraced
    • The average price is around £292,361 median price is £250,000 Standard Deviation is £159,669 with Total Sold: 815
    • The Last 5 Year average price is £519,773 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 , 18 THE RIDGEWAY: £87,800 (Sold on 17 Jan 1995)
  • Detached
    • The average price is around £472,897 median price is £435,000 Standard Deviation is £267,753 with Total Sold: 355
    • The Last 5 Year average price is £760,952 with Total Sold: 66
    • 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 , 16 BALGORES SQUARE: £151,000 (Sold on 10 Feb 1995)
  • Other
    • The average price is around £684,883 median price is £512,000 Standard Deviation is £654,301 with Total Sold: 27
    • The Last 5 Year average price is £592,374 with Total Sold: 17
    • The most recent sale happened at this postcode is , 7 WOODFIELD DRIVE: £570,000 (Sold on 03 May 2024)
    • The first recorded sale happened at this postcode is , 110 BALGORES LANE: £675,000 (Sold on 20 Aug 2013)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£275,867 £2,909 15
2023£292,208 £4,781 24
2022£266,120 £4,615 22
2021£283,860 £4,888 43
2020£343,260 £4,616 25
2019£280,970 £4,657 33
2018£269,692 £4,452 30
2017£271,941 £4,600 30
2016£277,811 £4,547 37
2015£222,992 £3,859 37
2014£194,409 £3,155 43
2013£164,219 £2,861 48
2012£159,391 £2,572 23
2011£178,430 £2,784 28
2010£202,637 £3,231 58
2009£215,456 £3,373 37
2008£194,571 £3,186 31
2007£182,985 £3,144 66
2006£183,150 £3,132 40
2005£166,648 £2,865 27
2004£154,437 £2,747 27
2003£140,569 £2,484 43
2002£138,644 £2,349 58
2001£102,940 £1,923 47
2000£85,926 £1,549 38
1999£87,794 £1,490 49
1998£70,437 £1,268 90
1997£58,006 £991 37
1996£63,623 £1,038 45
1995£63,841 £1,008 21
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£660,000 £5,901 11
2023£566,204 £5,676 22
2022£606,231 £5,949 25
2021£614,720 £5,111 37
2020£551,034 £4,891 29
2019£588,375 £4,960 24
2018£569,069 £4,675 31
2017£501,906 £4,973 16
2016£473,609 £4,746 23
2015£410,210 £3,636 25
2014£428,912 £3,466 17
2013£385,071 £3,296 21
2012£355,853 £3,178 17
2011£319,050 £3,033 28
2010£345,031 £3,246 16
2009£331,666 £2,755 18
2008£372,666 £3,253 18
2007£378,063 £2,735 31
2006£295,304 £2,578 35
2005£293,406 £2,574 32
2004£291,983 £2,390 32
2003£271,140 £2,057 25
2002£235,023 £2,090 21
2001£192,340 £1,624 22
2000£174,900 £1,352 15
1999£141,550 £1,433 40
1998£137,945 £1,266 28
1997£128,297 £985 37
1996£91,534 £926 22
1995£103,107 £835 26
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£519,450 £5,263 10
2023£569,816 £5,628 19
2022£557,272 £5,811 35
2021£491,767 £5,278 30
2020£479,297 £5,001 37
2019£523,476 £5,016 21
2018£491,087 £5,125 23
2017£479,222 £4,997 18
2016£431,917 £4,590 29
2015£394,558 £3,938 26
2014£336,800 £3,436 32
2013£304,783 £3,212 23
2012£284,444 £3,087 18
2011£299,400 £2,936 20
2010£273,285 £2,949 19
2009£256,508 £2,686 23
2008£284,345 £2,970 21
2007£276,882 £2,875 30
2006£255,696 £2,661 31
2005£245,209 £2,393 33
2004£237,459 £2,493 31
2003£240,563 £2,247 31
2002£190,841 £1,918 42
2001£159,632 £1,538 34
2000£140,450 £1,356 32
1999£120,332 £1,257 18
1998£100,303 £1,086 33
1997£90,217 £831 40
1996£81,529 £762 24
1995£77,583 £833 32
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£663,625 £3,608 4
2023£752,500 £4,984 8
2022£882,638 £6,243 13
2021£728,367 £4,878 15
2020£658,179 £5,094 14
2019£827,833 £4,804 12
2018£741,786 £5,226 7
2017£552,333 £5,256 9
2016£575,250 £4,860 8
2015£659,091 £4,458 11
2014£522,083 £3,724 18
2013£452,214 £3,356 7
2012£466,000 £2,808 3
2011£487,708 £3,203 12
2010£586,312 £3,561 16
2009£408,091 £3,444 11
2008£445,500 £3,517 5
2007£535,167 £3,387 18
2006£511,194 £3,526 9
2005£453,000 £2,153 9
2004£436,653 £2,909 13
2003£447,033 £2,434 15
2002£337,722 £2,294 18
2001£299,033 £1,701 15
2000£292,821 £1,712 14
1999£249,410 £1,613 10
1998£239,436 £1,782 18
1997£188,448 £1,268 20
1996£194,273 £1,006 11
1995£138,529 £941 12
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£625,0002
2023£465,500 £5,612 4
2022£485,000 £3,723 2
2021£1,202,250 £260 4
2020£285,6752
2019£202,667 £3,964 3
2018£252,000 £3,957 3
2017£1,470,125 £12,837 4
2016£555,0002
2013£675,0001

House Type in RM2 5BT area

The most common house types in the RM2 5BT postcode area are Semi-detached (76), Terraced (34), and Detached (15).

Total138
Semi-detached76
Terraced34
Detached15
Flat11
Shared house2
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (68), and Owned: Owns with a mortgage or loan (47).

Owned: Owns outright68
Owned: Owns with a mortgage or loan47
Private rented: Private landlord or letting agency15
Social rented: Rents from council or Local Authority2
Social rented: Other social rented1
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the RM2 5BT have 2 people in household (52), and 4 people in household (26).

2 people in household52
4 people in household26
1 person in household24
3 people in household24
5 people in household8
6 people in household1
7 people in household1
0 people in household0
8 or more people in household0