Housing Market Analysis for PARKWAY, RM2 5NT

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

Overview of Sold House prices

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

Detached
- The average price is around £723,082 median price is £645,000 Standard Deviation is £388,539 with Total Sold: 37
- The Last 5 Year average price is £1,115,000 with Total Sold: 5
- The most recent sale happened at this postcode is 28 PARKWAY: £950,000 (Sold on 20 Dec 2023)
- The first recorded sale happened at this postcode is 25 PARKWAY: £180,000 (Sold on 28 Apr 1995)
Semi-Detached
- The average price is around £590,000 median price is £495,000 Standard Deviation is £148,717 with Total Sold: 3
- The most recent sale happened at this postcode is 26 PARKWAY: £800,000 (Sold on 09 Jun 2016)
- The first recorded sale happened at this postcode is 26 PARKWAY: £495,000 (Sold on 30 Mar 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average RM2 5NT 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£1,133,333	£5,895	3
2022	£810,000	£7,232	1
2021	£1,365,000	£5,743	1
2017	£1,066,667	£6,354	3
2015	£1,040,000	£3,976	2
2014	£1,500,000	£2,778	1
2013	£857,500	£4,749	1
2012	£1,220,000	£3,161	1
2010	£1,025,750	£4,316	1
2009	£1,050,000	£4,078	1
2008	£890,000	£2,472	1
2007	£596,250	£2,126	2
2006	£607,667		3
2005	£626,667	£3,265	3
2004	£565,000		1
2003	£655,270		1
2002	£375,000	£2,077	1
2001	£305,000		1
2000	£320,000	£1,552	2
1999	£262,500	£1,442	1
1998	£275,000	£1,211	1
1997	£266,250		2
1996	£300,000		1
1995	£275,000		2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2016	£800,000	£5,517	1
2009	£475,000	£4,556	1
2007	£495,000	£3,414	1

All the Sales in the PARKWAY, RM2 5NT

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

Address	Sold Date	Price	% Change
28 PARKWAYDetached, FreeholdArea: 182 Sq.mtrAge: 1930-1949	20 Dec 2023	£950,000	0.0
	20 Dec 2023	£950,000	18.75%
	16 Nov 2015	£800,000	44.14%
	15 Dec 2005	£555,000	73.44%
	08 Sep 2000	£320,000	21.90%
	30 Jun 1999	£262,500	First Sale
5 PARKWAYDetached, FreeholdArea: 207 Sq.mtrAge: 1930-1949	13 Oct 2023	£1,500,000	First Sale
10 PARKWAYDetached, FreeholdArea: 112 Sq.mtrAge: 1950-1966	11 Aug 2022	£810,000	First Sale
18 PARKWAYDetached, FreeholdArea: 237.68 Sq.mtrAge: 1900-1929	28 Jun 2021	£1,365,000	33.07%
	09 Jul 2010	£1,025,750	220.55%
	02 Mar 2000	£320,000	16.36%
	04 Sep 1998	£275,000	First Sale
2 PARKWAYDetached, FreeholdArea: 386 Sq.mtrAge: 1950-1966	11 Dec 2017	£1,587,500	30.12%
	03 Feb 2012	£1,220,000	39.43%
	21 Oct 2005	£875,000	First Sale
22 PARKWAYDetached, FreeholdArea: 133 Sq.mtrAge: 1930-1949	20 Jan 2017	£852,500	First Sale
8 PARKWAYDetached, FreeholdArea: 89 Sq.mtrAge: 1950-1966	05 Jan 2017	£760,000	First Sale
26 PARKWAYSemi-Detached, FreeholdArea: 145 Sq.mtrAge: 1930-1949	09 Jun 2016	£800,000	61.62%
	30 Mar 2007	£495,000	First Sale
15 PARKWAYDetached, FreeholdArea: 360 Sq.mtrAge: 1950-1966	24 Jun 2015	£1,280,000	43.82%
15 PARKWAYDetached, FreeholdArea: 360 Sq.mtrAge: 1950-1966	14 May 2008	£890,000	First Sale
3 PARKWAYDetached, FreeholdArea: 540 Sq.mtrAge: 1983-1990	12 May 2014	£1,500,000	First Sale
27 PARKWAYDetached, FreeholdArea: 180.55 Sq.mtrAge: 1900-1929	11 Jan 2013	£857,500	128.67%
	04 Apr 2002	£375,000	First Sale
14 PARKWAYSemi-Detached, FreeholdArea: 104.26 Sq.mtrAge: 1930-1949	22 Jun 2009	£475,000	First Sale
29 PARKWAYDetached, FreeholdArea: 257.5 Sq.mtrAge: 2007 onwards	20 May 2009	£1,050,000	91.78%
	25 Sep 2007	£547,500	First Sale
44 PARKWAYDetached, Freehold	28 Nov 2007	£645,000	First Sale
38 PARKWAYDetached, Freehold	30 Nov 2006	£619,500	First Sale
42 PARKWAYDetached, Freehold	21 Apr 2006	£610,000	115.93%
42 PARKWAYDetached, Freehold	04 Jul 1997	£282,500	First Sale
21 PARKWAYDetached, Freehold	05 Jan 2006	£593,500	First Sale
34 PARKWAYDetached, Freehold	22 Sep 2005	£450,000	First Sale
16 PARKWAYDetached, Freehold	06 Jul 2004	£565,000	126.00%
16 PARKWAYDetached, Freehold	22 Aug 1997	£249,999	First Sale
25 PARKWAYDetached, Freehold	11 Apr 2003	£655,270	264.04%
25 PARKWAYDetached, Freehold	28 Apr 1995	£180,000	First Sale
36 PARKWAYDetached, Freehold	12 Oct 2001	£305,000	First Sale
9 PARKWAYDetached, Freehold	11 Dec 1996	£300,000	First Sale
30 PARKWAYDetached, Freehold	28 Apr 1995	£370,000	First Sale

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

PARKWAY, RM2 5NT Near By properties

Interactive Map

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

Terraced
- The average price is around £326,152 median price is £300,000 Standard Deviation is £183,697 with Total Sold: 86
- The Last 5 Year average price is £571,467 with Total Sold: 15
- 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 , 92 LODGE AVENUE: £92,500 (Sold on 24 Feb 1995)
Semi-Detached
- The average price is around £387,171 median price is £375,000 Standard Deviation is £202,112 with Total Sold: 348
- The Last 5 Year average price is £624,638 with Total Sold: 76
- 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 REPTON DRIVE: £63,000 (Sold on 20 Jan 1995)
Detached
- The average price is around £536,085 median price is £480,000 Standard Deviation is £311,546 with Total Sold: 527
- The Last 5 Year average price is £891,733 with Total Sold: 87
- 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 £217,035 median price is £212,000 Standard Deviation is £96,759 with Total Sold: 267
- The Last 5 Year average price is £339,799 with Total Sold: 34
- 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 , 25 TUDOR DRIVE: £65,200 (Sold on 31 Mar 1995)
Other
- The average price is around £622,769 median price is £370,000 Standard Deviation is £689,717 with Total Sold: 18
- The Last 5 Year average price is £632,261 with Total Sold: 9
- The most recent sale happened at this postcode is , 19 TUDOR DRIVE: £350,000 (Sold on 16 Aug 2023)
- The first recorded sale happened at this postcode is , 89 MAIN ROAD: £225,000 (Sold on 30 Jan 2017)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£565,000		1
2023	£635,000	£6,944	2
2022	£631,667	£6,336	3
2021	£486,250	£5,836	4
2020	£490,667	£4,528	3
2019	£712,500	£6,379	2
2018	£477,667	£4,466	3
2017	£507,500	£5,075	1
2016	£514,800	£5,040	5
2015	£486,250	£3,629	4
2014	£328,550	£3,077	2
2013	£333,667	£2,882	3
2011	£297,500	£3,009	3
2010	£392,000	£3,379	1
2009	£270,000	£2,348	1
2008	£336,000	£5,270	3
2007	£253,000	£2,632	2
2006	£360,667		3
2005	£273,400	£2,083	5
2004	£275,000	£1,821	1
2003	£219,929	£2,649	7
2002	£239,666	£2,343	6
2001	£192,333	£1,634	6
2000	£167,500		1
1999	£120,332	£1,302	3
1998	£87,167	£1,057	3
1997	£95,833	£1,418	3
1996	£75,000	£769	3
1995	£66,500	£638	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£751,500		5
2023	£566,664	£5,714	14
2022	£646,728	£5,740	10
2021	£623,114	£5,270	21
2020	£630,500	£5,188	14
2019	£616,833	£4,945	12
2018	£658,100	£5,141	10
2017	£525,400	£5,088	5
2016	£560,556	£4,851	9
2015	£535,455	£3,612	11
2014	£395,500	£4,002	6
2013	£413,250	£3,465	14
2012	£404,708	£3,280	12
2011	£423,218	£3,461	11
2010	£325,667	£3,277	3
2009	£372,850	£3,097	10
2008	£430,031		8
2007	£410,911	£3,019	17
2006	£348,321	£2,511	14
2005	£346,423	£2,527	13
2004	£322,109	£2,357	18
2003	£266,250	£2,110	12
2002	£256,790	£2,021	12
2001	£229,749	£2,178	7
2000	£187,444	£1,455	9
1999	£174,025	£1,385	12
1998	£154,522	£1,193	11
1997	£144,029	£1,012	17
1996	£106,612	£906	14
1995	£108,206	£925	17

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£977,500	£6,013	7
2023	£942,857	£6,176	14
2022	£964,016	£6,457	19
2021	£866,605	£5,755	19
2020	£775,000	£5,052	9
2019	£830,605	£4,861	19
2018	£740,962	£5,083	13
2017	£852,417	£5,671	12
2016	£887,889	£5,521	7
2015	£770,556	£4,340	18
2014	£707,406	£4,253	16
2013	£564,808	£3,681	13
2012	£712,022	£4,240	12
2011	£528,167	£4,071	12
2010	£643,191	£4,235	17
2009	£637,062	£4,064	8
2008	£606,449	£3,347	10
2007	£566,625	£3,595	28
2006	£482,400	£2,902	20
2005	£543,866	£3,268	25
2004	£458,359	£2,412	23
2003	£524,355	£3,172	12
2002	£404,951	£2,565	32
2001	£276,364	£1,787	22
2000	£303,850	£1,955	27
1999	£266,518	£1,652	28
1998	£266,115	£1,521	17
1997	£212,816	£1,535	33
1996	£219,263	£973	19
1995	£186,756	£1,081	16

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£355,000		3
2023	£393,167	£5,458	6
2022	£327,412	£5,670	4
2021	£324,500	£5,339	11
2020	£338,333	£4,831	3
2019	£319,286	£4,979	7
2018	£344,125	£4,824	8
2017	£323,714	£5,406	7
2016	£303,312	£4,919	8
2015	£256,285	£3,795	13
2014	£237,633	£3,688	12
2013	£229,250	£3,212	8
2012	£202,000	£2,970	5
2011	£231,089	£3,154	9
2010	£271,945	£4,145	11
2009	£261,999	£3,467	15
2008	£248,083	£3,155	12
2007	£218,045	£3,245	22
2006	£205,222	£3,207	18
2005	£188,000	£2,173	5
2004	£159,833	£2,440	6
2003	£138,062	£1,782	8
2002	£156,625	£2,135	8
2001	£116,400	£2,075	10
2000	£88,250	£1,733	8
1999	£111,688	£1,696	17
1998	£69,250	£1,049	6
1997	£58,571	£878	7
1996	£57,658	£865	6
1995	£64,175	£857	4

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£350,000	£6,755	2
2022	£620,000		1
2021	£1,256,333	£260	3
2020	£285,675		2
2019	£30,000		1
2018	£371,667	£4,565	3
2017	£734,083	£4,683	6

House Type in RM2 5NT area

The most common house types in the RM2 5NT postcode area are Detached (128), Semi-detached (4), and Terraced (0).

Total	132
Detached	128
Semi-detached	4
Terraced	0
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (72), and Owned: Owns with a mortgage or loan (57).

Owned: Owns outright	72
Owned: Owns with a mortgage or loan	57
Private rented: Private landlord or letting agency	3
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the RM2 5NT have 2 people in household (53), and 4 people in household (26).

2 people in household	53
4 people in household	26
1 person in household	25
3 people in household	21
5 people in household	5
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0