Housing Market Analysis for RM2 5ED

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average RM2 5ED 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.

    All the Sales in the RM2 5ED

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

    AddressSold DatePrice% Change

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

    RM2 5ED Near By properties

    Interactive Map

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

    • Terraced
      • The average price is around £310,580 median price is £289,000 Standard Deviation is £167,092 with Total Sold: 278
      • The Last 5 Year average price is £545,276 with Total Sold: 49
      • The most recent sale happened at this postcode is , 5 ROSEMARY AVENUE: £565,000 (Sold on 06 Sep 2024)
      • The first recorded sale happened at this postcode is , 18 THE RIDGEWAY: £87,800 (Sold on 17 Jan 1995)
    • Semi-Detached
      • The average price is around £391,378 median price is £375,000 Standard Deviation is £205,417 with Total Sold: 384
      • The Last 5 Year average price is £622,240 with Total Sold: 84
      • The most recent sale happened at this postcode is , 96 LAKE RISE: £875,000 (Sold on 05 Sep 2024)
      • The first recorded sale happened at this postcode is , 16 TUDOR GARDENS: £124,000 (Sold on 03 Jan 1995)
    • Detached
      • The average price is around £577,172 median price is £510,000 Standard Deviation is £338,623 with Total Sold: 471
      • The Last 5 Year average price is £951,075 with Total Sold: 84
      • 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 , 5 MEAD CLOSE: £197,000 (Sold on 23 Jan 1995)
    • Flat
      • The average price is around £215,894 median price is £205,000 Standard Deviation is £107,626 with Total Sold: 408
      • The Last 5 Year average price is £365,964 with Total Sold: 66
      • The most recent sale happened at this postcode is , 28 TUDOR DRIVE: £400,000 (Sold on 06 Aug 2024)
      • The first recorded sale happened at this postcode is 11, REGENT COURT MAIN ROAD: £54,000 (Sold on 07 Feb 1995)
    • Other
      • The average price is around £677,183 median price is £355,000 Standard Deviation is £734,156 with Total Sold: 21
      • The Last 5 Year average price is £575,486 with Total Sold: 11
      • The most recent sale happened at this postcode is , 246 MAIN ROAD: £355,000 (Sold on 17 Nov 2023)
      • 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: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£549,3333
    2023£582,571 £5,695 7
    2022£570,750 £5,800 8
    2021£527,450 £5,408 10
    2020£502,917 £5,037 12
    2019£568,556 £5,281 9
    2018£524,000 £4,547 8
    2017£512,500 £5,611 3
    2016£473,500 £4,997 12
    2015£424,607 £3,849 14
    2014£354,400 £3,628 9
    2013£330,143 £2,986 7
    2012£341,875 £3,192 4
    2011£298,611 £2,779 9
    2010£329,749 £3,232 4
    2009£297,643 £2,838 7
    2008£305,125 £3,736 8
    2007£281,111 £2,485 9
    2006£281,450 £2,446 17
    2005£273,077 £2,456 13
    2004£272,200 £2,198 5
    2003£222,037 £2,423 12
    2002£212,693 £2,074 18
    2001£168,590 £1,657 11
    2000£152,408 £1,537 11
    1999£123,570 £1,159 7
    1998£106,800 £1,091 10
    1997£100,667 £1,110 12
    1996£74,882 £738 11
    1995£81,668 £638 8
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£783,0005
    2023£578,067 £5,639 15
    2022£647,928 £6,133 10
    2021£613,139 £5,274 28
    2020£610,833 £5,307 12
    2019£621,786 £4,862 14
    2018£668,018 £4,891 14
    2017£550,500 £5,749 4
    2016£579,091 £4,997 11
    2015£532,625 £4,018 10
    2014£445,188 £3,937 8
    2013£413,875 £3,472 16
    2012£394,636 £3,334 11
    2011£391,762 £3,292 13
    2010£350,874 £3,179 8
    2009£391,300 £3,060 10
    2008£391,346 £3,205 13
    2007£443,900 £3,250 15
    2006£345,745 £2,448 12
    2005£360,769 £2,729 13
    2004£339,561 £2,387 16
    2003£295,666 £2,165 12
    2002£278,850 £2,061 10
    2001£232,454 £1,974 11
    2000£186,552 £1,593 12
    1999£160,544 £1,475 18
    1998£146,303 £1,085 14
    1997£143,324 £964 20
    1996£106,913 £970 10
    1995£126,815 £1,032 19
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£1,258,500 £7,389 5
    2023£1,013,333 £6,338 12
    2022£1,006,647 £6,607 19
    2021£939,974 £6,045 19
    2020£725,792 £5,238 12
    2019£926,029 £4,902 17
    2018£819,250 £5,305 10
    2017£829,000 £5,763 10
    2016£875,247 £4,723 11
    2015£773,237 £4,480 19
    2014£690,694 £3,864 18
    2013£594,364 £3,902 11
    2012£700,405 £4,207 13
    2011£549,375 £3,789 12
    2010£640,431 £3,665 18
    2009£600,688 £4,006 8
    2008£684,722 £3,906 9
    2007£627,200 £3,338 20
    2006£588,359 £3,351 16
    2005£578,500 £3,402 19
    2004£487,617 £2,958 17
    2003£529,351 £2,571 15
    2002£421,090 £2,492 22
    2001£298,611 £2,023 18
    2000£308,611 £1,809 18
    1999£316,206 £1,640 17
    1998£269,516 £1,626 22
    1997£219,391 £1,402 28
    1996£215,370 £1,112 20
    1995£178,981 £923 16
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£383,7504
    2023£347,000 £5,142 9
    2022£354,108 £5,807 6
    2021£328,750 £5,319 18
    2020£424,900 £4,837 15
    2019£362,857 £5,344 14
    2018£331,800 £4,996 10
    2017£318,749 £5,426 8
    2016£282,115 £4,932 13
    2015£243,510 £3,935 19
    2014£234,623 £3,588 17
    2013£213,800 £3,361 15
    2012£197,500 £3,069 7
    2011£214,600 £3,098 13
    2010£227,165 £3,342 22
    2009£242,631 £3,345 19
    2008£248,083 £3,155 12
    2007£218,038 £3,309 26
    2006£202,286 £3,089 21
    2005£186,363 £2,841 11
    2004£174,750 £3,185 8
    2003£141,056 £1,746 9
    2002£145,500 £2,094 11
    2001£117,375 £1,968 12
    2000£93,308 £1,817 13
    1999£110,170 £1,876 42
    1998£88,854 £1,344 12
    1997£56,833 £908 9
    1996£55,556 £842 8
    1995£62,140 £899 5
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£335,000 £6,061 4
    2022£620,0001
    2021£1,256,333 £260 3
    2020£285,6752
    2019£30,0001
    2018£282,500 £4,730 2
    2017£950,071 £12,837 7
    2013£675,0001

    House Type in RM2 5ED area

    The most common house types in the RM2 5ED postcode area are Flat (78), Detached (9), and Shared house (5).

    Total94
    Flat78
    Detached9
    Shared house5
    Semi-detached2
    Terraced0
    converted building0
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns outright (38), and Owned: Owns with a mortgage or loan (17).

    Owned: Owns outright38
    Owned: Owns with a mortgage or loan17
    Private rented: Private landlord or letting agency14
    Social rented: Other social rented13
    Social rented: Rents from council or Local Authority9
    Private rented: Other private rented3
    Shared ownership: Shared ownership1
    Does not apply0
    Lives rent free0

    Number of People in a Household

    The most houses in the RM2 5ED have 1 person in household (53), and 2 people in household (33).

    1 person in household53
    2 people in household33
    3 people in household6
    4 people in household2
    8 or more people in household1
    0 people in household0
    5 people in household0
    6 people in household0
    7 people in household0