Housing Market Analysis for MARGARET CLOSE, RM2 5SJ

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

Overview of Sold House prices

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

Terraced
- The average price is around £264,000 median price is £249,995 Standard Deviation is £102,992 with Total Sold: 13
- The Last 5 Year average price is £421,000 with Total Sold: 2
- The most recent sale happened at this postcode is 3 MARGARET CLOSE: £367,000 (Sold on 21 Aug 2019)
- The first recorded sale happened at this postcode is 5 MARGARET CLOSE: £80,000 (Sold on 14 Jan 1998)
Semi-Detached
- The average price is around £212,500 median price is £185,000 Standard Deviation is £124,569 with Total Sold: 13
- The Last 5 Year average price is £440,000 with Total Sold: 1
- The most recent sale happened at this postcode is 15 MARGARET CLOSE: £425,000 (Sold on 26 Jan 2018)
- The first recorded sale happened at this postcode is 14 MARGARET CLOSE: £440,000 (Sold on 03 Jun 2024)
Flat
- The average price is around £126,622 median price is £126,622 Standard Deviation is £83,372 with Total Sold: 2
- The most recent sale happened at this postcode is 10 MARGARET CLOSE: £209,995 (Sold on 25 Apr 2007)
- The first recorded sale happened at this postcode is 10 MARGARET CLOSE: £43,250 (Sold on 26 Mar 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average RM2 5SJ 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£421,000	£4,991	2
2017	£345,000	£4,207	1
2016	£350,000	£3,933	1
2014	£292,500	£2,659	2
2013	£247,000	£3,167	1
2006	£210,498	£2,485	2
2005	£185,000	£2,362	1
2004	£243,000	£2,700	1
2002	£134,000	£1,252	1
1998	£80,000	£748	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£425,000	£5,421	1
2015	£357,500	£3,880	1
2012	£224,000	£2,857	1
2010	£260,000	£2,822	1
2009	£230,000	£2,934	1
2005	£185,000	£2,372	1
2003	£161,000	£2,064	1
2002	£147,498	£1,712	2
1997	£83,000		1
1995	£51,000	£605	2
2024	£440,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2007	£209,995		1
1999	£43,250		1

All the Sales in the MARGARET CLOSE, RM2 5SJ

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

Address	Sold Date	Price	% Change
3 MARGARET CLOSETerraced, FreeholdArea: 78 Sq.mtrAge: 1950-1966	21 Aug 2019	£367,000	48.58%
	20 Dec 2013	£247,000	44.44%
	05 Jun 2006	£171,000	First Sale
17 MARGARET CLOSETerraced, FreeholdArea: 90 Sq.mtrAge: 1930-1949	08 Feb 2019	£475,000	90.00%
	09 Jun 2006	£249,995	2.88%
	25 Oct 2004	£243,000	First Sale
15 MARGARET CLOSESemi-Detached, FreeholdArea: 78.4 Sq.mtrAge: 1930-1949	26 Jan 2018	£425,000	89.73%
	12 Dec 2012	£224,000	-2.61%
	20 Oct 2009	£230,000	53.34%
	28 Jun 2002	£149,995	First Sale
4 MARGARET CLOSETerraced, FreeholdArea: 82 Sq.mtrAge: 1930-1949	26 Jun 2017	£345,000	First Sale
20 MARGARET CLOSETerraced, FreeholdArea: 89 Sq.mtrAge: 1950-1966	24 Mar 2016	£350,000	89.19%
	18 Apr 2005	£185,000	First Sale
13 MARGARET CLOSESemi-Detached, FreeholdArea: 92.13 Sq.mtrAge: 1950-1966	29 May 2015	£357,500	37.50%
	21 Sep 2010	£260,000	566.67%
	15 Dec 1995	£39,000	First Sale
18 MARGARET CLOSETerraced, FreeholdArea: 91 Sq.mtrAge: 1950-1966	24 Oct 2014	£275,000	First Sale
1 MARGARET CLOSETerraced, FreeholdArea: 135 Sq.mtrAge: 1930-1949	11 Aug 2014	£310,000	113.79%
	16 May 2002	£145,000	First Sale
10 MARGARET CLOSEFlat, Freehold	25 Apr 2007	£209,995	385.54%
10 MARGARET CLOSEFlat, Freehold	26 Mar 1999	£43,250	First Sale
8 MARGARET CLOSESemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1930-1949	24 Jun 2005	£185,000	14.91%
	19 Sep 2003	£161,000	First Sale
5 MARGARET CLOSETerraced, FreeholdArea: 107 Sq.mtrAge: 1930-1949	02 Jul 2002	£134,000	67.50%
	14 Jan 1998	£80,000	First Sale
16 MARGARET CLOSESemi-Detached, Freehold	09 May 1997	£83,000	First Sale
14 MARGARET CLOSESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1950-1966	06 Sep 1995	£63,000	-85.68%
	03 Jun 2024	£440,000	First Sale

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

MARGARET CLOSE, RM2 5SJ Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £303,234 median price is £275,000 Standard Deviation is £163,668 with Total Sold: 1,144
- The Last 5 Year average price is £521,649 with Total Sold: 209
- 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 £174,839 median price is £165,050 Standard Deviation is £93,513 with Total Sold: 972
- The Last 5 Year average price is £277,552 with Total Sold: 159
- The most recent sale happened at this postcode is , 35 CHALFORDE GARDENS: £313,500 (Sold on 27 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 £263,519 median price is £245,000 Standard Deviation is £142,729 with Total Sold: 768
- The Last 5 Year average price is £459,063 with Total Sold: 137
- 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 £386,891 median price is £372,500 Standard Deviation is £189,637 with Total Sold: 448
- The Last 5 Year average price is £595,340 with Total Sold: 84
- 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 , 60 HEATH PARK ROAD: £128,750 (Sold on 24 Feb 1995)
Other
- The average price is around £451,544 median price is £337,750 Standard Deviation is £523,242 with Total Sold: 32
- The Last 5 Year average price is £467,883 with Total Sold: 17
- 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 , 203 BRENTWOOD ROAD: £1,380,000 (Sold on 29 Jul 2015)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£544,000	£6,020	21
2023	£529,254	£5,769	29
2022	£572,145	£5,529	38
2021	£527,652	£4,942	47
2020	£477,910	£4,948	39
2019	£487,791	£4,876	35
2018	£463,754	£4,775	41
2017	£494,115	£4,675	39
2016	£434,852	£4,443	32
2015	£399,144	£3,598	43
2014	£336,397	£3,368	39
2013	£308,432	£3,020	40
2012	£264,452	£3,162	31
2011	£298,243	£2,944	35
2010	£294,518	£2,854	28
2009	£254,872	£2,552	30
2008	£291,895	£3,010	21
2007	£282,706	£2,888	40
2006	£264,028	£2,547	52
2005	£264,229	£2,880	53
2004	£250,028	£2,490	52
2003	£235,893	£1,960	38
2002	£204,699	£1,783	42
2001	£162,714	£1,717	43
2000	£139,801	£1,419	29
1999	£127,581	£1,181	50
1998	£111,890	£1,126	46
1997	£98,721	£959	41
1996	£93,197	£923	35
1995	£83,016	£784	35

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£281,722	£5,046	9
2023	£295,279	£4,614	26
2022	£303,220	£4,730	25
2021	£256,536	£4,597	38
2020	£269,984	£4,676	31
2019	£273,987	£4,666	30
2018	£259,054	£4,571	37
2017	£281,041	£4,589	42
2016	£258,022	£4,666	36
2015	£211,863	£3,733	28
2014	£194,570	£3,263	42
2013	£188,969	£2,942	50
2012	£156,143	£2,567	21
2011	£152,395	£2,695	20
2010	£164,677	£3,110	24
2009	£163,804	£2,868	23
2008	£184,185	£4,472	14
2007	£188,943	£3,406	40
2006	£186,987	£2,926	48
2005	£174,789	£2,976	31
2004	£166,046	£2,890	53
2003	£144,772	£2,605	55
2002	£108,142	£2,674	28
2001	£86,299	£1,777	35
2000	£69,499	£1,524	29
1999	£61,875	£1,240	30
1998	£58,518	£1,120	33
1997	£47,900	£960	40
1996	£47,208	£963	31
1995	£44,035	£953	23

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£484,136	£5,405	11
2023	£528,462	£5,318	16
2022	£493,266	£5,299	26
2021	£427,641	£4,769	43
2020	£426,500	£5,149	26
2019	£453,883	£4,157	15
2018	£413,781	£4,813	24
2017	£426,789	£4,742	19
2016	£403,678	£4,516	26
2015	£336,767	£3,842	33
2014	£302,266	£3,333	32
2013	£279,000	£3,207	15
2012	£249,391	£2,901	23
2011	£250,812	£2,733	16
2010	£256,232	£2,820	19
2009	£213,700	£2,687	21
2008	£235,208	£2,760	12
2007	£254,674	£2,972	38
2006	£218,765	£2,584	32
2005	£236,679	£2,683	32
2004	£229,492	£2,649	39
2003	£204,107	£2,130	30
2002	£168,910	£1,871	29
2001	£130,107	£1,544	42
2000	£129,727	£1,423	26
1999	£95,039	£1,142	29
1998	£101,450	£953	18
1997	£99,143	£1,380	33
1996	£72,747	£807	20
1995	£73,358	£819	23

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£501,714	£4,820	7
2023	£593,117	£5,687	15
2022	£656,050	£5,198	20
2021	£589,967	£4,672	15
2020	£627,500	£4,299	14
2019	£526,485	£4,507	13
2018	£513,250	£4,997	10
2017	£625,682	£4,888	11
2016	£535,210	£3,890	19
2015	£505,576	£3,965	17
2014	£407,639	£3,463	18
2013	£423,512	£3,341	17
2012	£292,833	£2,940	9
2011	£416,900	£3,167	20
2010	£431,125	£2,737	8
2009	£340,791	£2,694	12
2008	£375,571	£3,117	7
2007	£373,973	£3,060	19
2006	£379,400	£2,609	18
2005	£378,472	£2,578	25
2004	£400,107	£2,943	20
2003	£294,789	£2,538	19
2002	£236,133	£2,199	15
2001	£211,787	£1,542	12
2000	£186,388	£1,609	9
1999	£177,168	£1,119	17
1998	£172,750	£1,190	12
1997	£152,842	£983	19
1996	£140,342	£978	19
1995	£120,479	£948	12

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£567,000		1
2023	£499,167	£4,280	3
2022	£943,875		3
2021	£525,000	£5,107	4
2020	£195,555	£2,038	3
2019	£123,742	£1,615	3
2018	£193,375	£3,111	4
2017	£245,975	£2,581	4
2016	£559,667	£1,983	6
2015	£1,380,000		1

House Type in RM2 5SJ area

The most common house types in the RM2 5SJ postcode area are Flat (59), Semi-detached (55), and Terraced (22).

Total	159
Flat	59
Semi-detached	55
Terraced	22
Detached	13
Shared house	9
commercial building	1
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (54), and Owned: Owns outright (46).

Owned: Owns with a mortgage or loan	54
Owned: Owns outright	46
Private rented: Private landlord or letting agency	43
Social rented: Other social rented	11
Social rented: Rents from council or Local Authority	2
Private rented: Other private rented	2
Shared ownership: Shared ownership	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the RM2 5SJ have 1 person in household (56), and 2 people in household (51).

1 person in household	56
2 people in household	51
3 people in household	29
4 people in household	18
5 people in household	3
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0