Housing Market Analysis for PARKWAY, RM2 5PL

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £566,681 median price is £556,875 Standard Deviation is £235,116 with Total Sold: 18
    • The Last 5 Year average price is £762,500 with Total Sold: 6
    • The most recent sale happened at this postcode is 88 PARKWAY: £745,000 (Sold on 18 Dec 2023)
    • The first recorded sale happened at this postcode is 41 PARKWAY: £970,000 (Sold on 15 Mar 2024)
  • Semi-Detached
    • The average price is around £845,000 median price is £845,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £845,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 39A PARKWAY: £845,000 (Sold on 29 Jun 2021)
    • The first recorded sale happened at this postcode is 39A PARKWAY: £845,000 (Sold on 29 Jun 2021)

Sold Price Trend Over the Years:

Below table and chart gives the average RM2 5PL 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
2023£758,333 £6,080 3
2022£970,000 £6,340 1
2019£360,000 £4,932 1
2017£606,500 £7,877 1
2014£735,000 £7,527 1
2013£780,000 £4,142 1
2011£575,000 £3,108 1
2006£450,000 £2,230 2
2005£420,0001
2004£538,7501
2003£400,000 £2,614 1
2000£250,000 £2,350 2
1996£170,0001
2024£970,000 £6,929 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£845,000 £5,511 1

All the Sales in the PARKWAY, RM2 5PL

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

AddressSold DatePrice% Change
88 PARKWAYDetached, FreeholdArea: 112 Sq.mtrAge: 1930-194918 Dec 2023£745,0000.0
18 Dec 2023£745,000First Sale
76 PARKWAYDetached, FreeholdArea: 159 Sq.mtrAge: 1950-196612 May 2023£785,000170.69%
29 Jun 2000£290,000First Sale
43 PARKWAYDetached, FreeholdArea: 153 Sq.mtrAge: 1930-194927 May 2022£970,000142.50%
29 Aug 2003£400,000First Sale
39A PARKWAYSemi-Detached, FreeholdArea: 153.34 Sq.mtrAge: 1967-197529 Jun 2021£845,000First Sale
90 PARKWAYDetached, FreeholdArea: 73 Sq.mtrAge: 1950-196626 Sep 2019£360,00071.43%
13 Dec 2000£210,000First Sale
37 PARKWAYDetached, FreeholdArea: 77 Sq.mtrAge: 1930-194914 Aug 2017£606,500First Sale
78 PARKWAYDetached, FreeholdArea: 97.65 Sq.mtrAge: before 190024 Oct 2014£735,000First Sale
80 PARKWAYDetached, FreeholdArea: 188.33 Sq.mtr10 Apr 2013£780,00085.71%
29 Nov 2006£420,000First Sale
74 PARKWAYDetached, FreeholdArea: 185 Sq.mtrAge: 1900-192918 Mar 2011£575,000First Sale
86 PARKWAYDetached, Freehold31 Mar 2006£480,000First Sale
45 PARKWAYDetached, Freehold24 Aug 2005£420,000147.06%
29 Mar 1996£170,000First Sale
92 PARKWAYDetached, Freehold09 Sep 2004£538,750First Sale
41 PARKWAYDetached, FreeholdArea: 140 Sq.mtrAge: 1950-196615 Mar 2024£970,000First Sale

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

PARKWAY, RM2 5PL Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £361,713 median price is £339,250 Standard Deviation is £161,411 with Total Sold: 74
    • The Last 5 Year average price is £554,500 with Total Sold: 19
    • The most recent sale happened at this postcode is , 14 DEE WAY: £650,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 131 PETTITS LANE: £105,000 (Sold on 31 Oct 1995)
  • Semi-Detached
    • The average price is around £324,692 median price is £295,000 Standard Deviation is £171,193 with Total Sold: 429
    • The Last 5 Year average price is £544,820 with Total Sold: 75
    • 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 , 11 ROSLYN GARDENS: £90,000 (Sold on 06 Mar 1995)
  • Flat
    • The average price is around £166,028 median price is £160,000 Standard Deviation is £77,915 with Total Sold: 61
    • The Last 5 Year average price is £267,580 with Total Sold: 10
    • The most recent sale happened at this postcode is FLAT 6, GREAT PETTITS COURT, 130 PETTITS LANE: £277,000 (Sold on 29 Aug 2024)
    • The first recorded sale happened at this postcode is , 328 EASTERN AVENUE EAST: £35,000 (Sold on 22 Jul 1996)
  • Detached
    • The average price is around £511,989 median price is £460,000 Standard Deviation is £300,334 with Total Sold: 438
    • The Last 5 Year average price is £869,812 with Total Sold: 69
    • The most recent sale happened at this postcode is , BROOKSIDE HEATON GRANGE ROAD: £870,000 (Sold on 12 Jun 2024)
    • The first recorded sale happened at this postcode is , 5 MEAD CLOSE: £197,000 (Sold on 23 Jan 1995)
  • Other
    • The average price is around £275,250 median price is £275,250 Standard Deviation is £274,750 with Total Sold: 2
    • The most recent sale happened at this postcode is , 17 PARKLAND AVENUE: £550,000 (Sold on 29 Nov 2018)
    • The first recorded sale happened at this postcode is , 330 EASTERN AVENUE EAST: £500 (Sold on 06 Jul 2018)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£650,0001
2022£682,500 £5,601 4
2021£518,600 £4,747 5
2020£550,000 £5,644 2
2019£494,643 £5,001 7
2018£454,600 £4,685 5
2017£525,000 £4,872 2
2016£530,500 £4,532 2
2015£383,000 £3,406 2
2014£375,000 £3,445 4
2013£300,000 £2,586 1
2011£306,250 £2,785 2
2010£288,667 £2,669 3
2009£293,500 £3,343 3
2008£226,500 £2,506 2
2007£274,500 £2,920 1
2006£318,4982
2005£250,0001
2004£256,250 £2,570 3
2003£261,429 £2,346 7
2002£242,665 £2,056 3
2001£236,333 £1,825 3
2000£176,749 £1,323 4
1999£108,000 £1,241 1
1998£124,0001
1996£114,000 £961 2
1995£105,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£550,312 £4,225 8
2023£573,682 £5,714 11
2022£598,667 £5,367 12
2021£515,143 £4,783 21
2020£559,167 £4,814 9
2019£508,142 £4,360 14
2018£534,500 £5,715 10
2017£497,647 £4,361 17
2016£496,833 £4,570 12
2015£430,094 £3,767 16
2014£356,167 £3,557 9
2013£358,833 £3,175 15
2012£336,250 £3,097 10
2011£354,500 £3,265 11
2010£329,167 £3,196 12
2009£299,049 £3,058 10
2008£359,139 £2,842 9
2007£330,904 £3,281 21
2006£299,468 £2,517 16
2005£335,318 £2,437 11
2004£261,562 £2,396 24
2003£248,461 £2,344 13
2002£219,838 £1,789 19
2001£172,200 £1,706 15
2000£168,470 £1,390 17
1999£154,333 £1,157 21
1998£145,249 £1,293 16
1997£121,199 £1,016 18
1996£110,437 £745 19
1995£104,231 £936 13
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£277,0001
2023£287,500 £4,571 2
2022£290,000 £5,000 1
2021£298,500 £3,990 3
2020£280,000 £5,185 1
2019£179,150 £2,853 2
2018£280,000 £4,912 1
2017£267,750 £4,540 2
2016£290,000 £5,000 2
2015£270,000 £4,655 1
2014£203,000 £2,051 1
2013£189,500 £3,369 2
2012£178,000 £3,153 1
2009£170,000 £2,662 2
2008£198,000 £3,667 1
2007£184,000 £3,184 2
2006£145,000 £2,101 1
2005£167,332 £2,822 3
2004£163,999 £2,727 5
2003£153,799 £2,467 5
2002£125,500 £1,864 2
2001£109,000 £1,821 2
2000£73,000 £1,169 1
1999£81,750 £1,491 2
1998£81,710 £1,375 14
1996£35,000 £560 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,084,000 £6,013 5
2023£902,286 £6,178 14
2022£909,286 £6,381 14
2021£892,500 £5,733 15
2020£738,929 £4,874 7
2019£762,500 £5,047 14
2018£681,750 £5,577 10
2017£853,143 £5,667 14
2016£887,889 £5,434 7
2015£720,600 £4,428 15
2014£705,462 £4,095 13
2013£594,292 £3,828 12
2012£624,111 £4,257 9
2011£556,000 £4,437 8
2010£601,114 £4,209 11
2009£529,857 £3,722 7
2008£738,928 £4,260 7
2007£500,079 £3,661 24
2006£457,000 £3,071 21
2005£510,382 £3,726 20
2004£476,018 £2,495 14
2003£457,655 £2,955 13
2002£369,398 £2,379 35
2001£247,763 £1,878 19
2000£282,695 £1,972 20
1999£263,548 £1,639 21
1998£222,821 £1,362 14
1997£200,065 £1,396 23
1996£178,941 £985 17
1995£171,933 £1,029 15
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£275,250 £2,203 2

House Type in RM2 5PL area

The most common house types in the RM2 5PL postcode area are Semi-detached (96), Detached (36), and Terraced (2).

Total135
Semi-detached96
Detached36
Terraced2
temporary structure1
Flat0
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (74), and Owned: Owns with a mortgage or loan (54).

Owned: Owns outright74
Owned: Owns with a mortgage or loan54
Private rented: Private landlord or letting agency3
Shared ownership: Shared ownership1
Social rented: Rents from council or Local Authority1
Social rented: Other social rented1
Does not apply0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the RM2 5PL have 2 people in household (49), and 1 person in household (27).

2 people in household49
1 person in household27
4 people in household25
3 people in household24
5 people in household10
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0