Housing Market Analysis for SCHOLARS WAY, RM2 5UQ

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

Overview of Sold House prices

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

Flat
- The average price is around £196,610 median price is £172,800 Standard Deviation is £44,701 with Total Sold: 32
- The Last 5 Year average price is £263,267 with Total Sold: 6
- The most recent sale happened at this postcode is 11, COLLEGE COURT, 3 SCHOLARS WAY: £261,000 (Sold on 03 Dec 2021)
- The first recorded sale happened at this postcode is 11, COLLEGE COURT, 3 SCHOLARS WAY: £280,000 (Sold on 17 Jul 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average RM2 5UQ 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£261,000	£4,350	1
2020	£252,000	£4,271	1
2019	£262,200	£4,419	3
2018	£273,000	£4,627	1
2017	£283,500	£4,773	1
2015	£215,000	£3,917	2
2014	£192,500		1
2013	£184,500	£3,106	1
2010	£170,000	£2,881	1
2008	£162,000	£3,000	1
2007	£193,000	£3,328	1
2004	£166,084	£2,891	17
2024	£280,000		1

All the Sales in the SCHOLARS WAY, RM2 5UQ

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

Address	Sold Date	Price	% Change
11, COLLEGE COURT, 3 SCHOLARS WAYFlat, LeaseholdArea: 60 Sq.mtrAge: 1950-1966	03 Dec 2021	£261,000	53.26%
	05 Nov 2004	£170,300	-39.18%
	17 Jul 2024	£280,000	First Sale
3, COLLEGE COURT, 3 SCHOLARS WAYFlat, LeaseholdArea: 59 Sq.mtrAge: 2003-2006	05 Jun 2020	£252,000	50.54%
	28 Oct 2004	£167,400	First Sale
9, COLLEGE COURT, 3 SCHOLARS WAYFlat, LeaseholdArea: 58 Sq.mtrAge: 2003-2006	27 Nov 2019	£255,000	137.65%
	05 Nov 2004	£107,300	First Sale
17, COLLEGE COURT, 3 SCHOLARS WAYFlat, LeaseholdArea: 60 Sq.mtrAge: 2003-2006	19 Jul 2019	£246,600	First Sale
13, COLLEGE COURT, 3 SCHOLARS WAYFlat, LeaseholdArea: 60 Sq.mtrAge: 2003-2006	13 Feb 2019	£285,000	71.17%
	24 Nov 2004	£166,500	First Sale
2, COLLEGE COURT, 3 SCHOLARS WAYFlat, LeaseholdArea: 59 Sq.mtrAge: 2003-2006	15 Jun 2018	£273,000	First Sale
18, COLLEGE COURT, 3 SCHOLARS WAYFlat, LeaseholdArea: 59.4 Sq.mtrAge: 2003-2006	27 Jun 2017	£283,500	53.66%
	08 Jul 2013	£184,500	7.89%
	01 Dec 2004	£171,000	First Sale
16, COLLEGE COURT, 3 SCHOLARS WAYFlat, LeaseholdArea: 59 Sq.mtrAge: 2003-2006	01 Sep 2015	£225,000	32.35%
	10 Sep 2010	£170,000	0.0
	17 Nov 2004	£170,000	First Sale
24, COLLEGE COURT, 3 SCHOLARS WAYFlat, LeaseholdArea: 51 Sq.mtrAge: 2003-2006	20 Mar 2015	£205,000	18.63%
	10 Dec 2004	£172,800	First Sale
7, COLLEGE COURT, 3 SCHOLARS WAYFlat, Leasehold	25 Apr 2014	£192,500	12.57%
7, COLLEGE COURT, 3 SCHOLARS WAYFlat, Leasehold	22 Oct 2004	£171,000	First Sale
10, COLLEGE COURT, 3 SCHOLARS WAYFlat, LeaseholdArea: 54 Sq.mtrAge: 2003-2006	09 Dec 2008	£162,000	-6.25%
	27 Oct 2004	£172,800	First Sale
5, COLLEGE COURT, 3 SCHOLARS WAYFlat, LeaseholdArea: 58 Sq.mtrAge: 2003-2006	28 Sep 2007	£193,000	12.87%
	14 Dec 2004	£171,000	First Sale
8, COLLEGE COURT, 3 SCHOLARS WAYFlat, LeaseholdArea: 58 Sq.mtrAge: 2003-2006	15 Dec 2004	£171,000	First Sale
20, COLLEGE COURT, 3 SCHOLARS WAYFlat, LeaseholdArea: 57.84 Sq.mtrAge: 1996-2002	10 Dec 2004	£172,800	First Sale
21, COLLEGE COURT, 3 SCHOLARS WAYFlat, LeaseholdArea: 59 Sq.mtrAge: 2003-2006	03 Dec 2004	£172,800	First Sale
15, COLLEGE COURT, 3 SCHOLARS WAYFlat, LeaseholdArea: 59 Sq.mtrAge: 2003-2006	16 Nov 2004	£167,500	First Sale
12, COLLEGE COURT, 3 SCHOLARS WAYFlat, LeaseholdArea: 58 Sq.mtrAge: 2003-2006	10 Nov 2004	£172,800	First Sale
4, COLLEGE COURT, 3 SCHOLARS WAYFlat, LeaseholdArea: 60 Sq.mtrAge: 2003-2006	02 Nov 2004	£159,030	First Sale
1, COLLEGE COURT, 3 SCHOLARS WAYFlat, LeaseholdArea: 50.29 Sq.mtrAge: 2007 onwards	15 Oct 2004	£167,400	First Sale

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

SCHOLARS WAY, RM2 5UQ Near By properties

Interactive Map

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

Flat
- The average price is around £159,257 median price is £151,000 Standard Deviation is £81,695 with Total Sold: 1,287
- The Last 5 Year average price is £256,437 with Total Sold: 185
- The most recent sale happened at this postcode is FLAT 28, VICTORIA COURT VICTORIA ROAD: £248,800 (Sold on 10 Sep 2024)
- The first recorded sale happened at this postcode is , 63 PRINCES ROAD: £40,000 (Sold on 18 Jan 1995)
Semi-Detached
- The average price is around £282,719 median price is £250,000 Standard Deviation is £153,333 with Total Sold: 1,099
- The Last 5 Year average price is £485,841 with Total Sold: 190
- The most recent sale happened at this postcode is , 31 CARLISLE ROAD: £420,000 (Sold on 27 Aug 2024)
- The first recorded sale happened at this postcode is , 254 BRENTWOOD ROAD: £93,000 (Sold on 23 Jan 1995)
Detached
- The average price is around £374,601 median price is £367,500 Standard Deviation is £172,660 with Total Sold: 365
- The Last 5 Year average price is £574,873 with Total Sold: 73
- The most recent sale happened at this postcode is , 23 ROSSALL CLOSE: £620,000 (Sold on 06 Jun 2024)
- The first recorded sale happened at this postcode is , 60 HEATH PARK ROAD: £128,750 (Sold on 24 Feb 1995)
Terraced
- The average price is around £258,292 median price is £236,750 Standard Deviation is £141,619 with Total Sold: 918
- The Last 5 Year average price is £452,275 with Total Sold: 177
- The most recent sale happened at this postcode is , 4 MANOR ROAD: £425,000 (Sold on 26 Apr 2024)
- The first recorded sale happened at this postcode is , 1 BRIERLEY CLOSE: £69,000 (Sold on 27 Jan 1995)
Other
- The average price is around £468,209 median price is £335,500 Standard Deviation is £550,222 with Total Sold: 25
- The Last 5 Year average price is £528,064 with Total Sold: 13
- 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£246,436	£5,204	11
2023	£257,942	£4,491	26
2022	£263,189	£4,629	37
2021	£247,846	£4,474	39
2020	£253,397	£4,384	34
2019	£263,266	£4,750	38
2018	£248,832	£4,635	40
2017	£257,831	£4,475	43
2016	£247,681	£4,454	43
2015	£210,381	£3,653	45
2014	£189,315	£3,216	49
2013	£162,854	£2,797	48
2012	£153,846	£2,488	26
2011	£152,956	£2,666	24
2010	£164,683	£3,008	32
2009	£159,589	£2,799	31
2008	£172,040	£3,898	21
2007	£176,935	£3,209	62
2006	£179,098	£2,910	63
2005	£168,316	£2,961	41
2004	£159,370	£2,809	66
2003	£141,611	£2,539	76
2002	£109,880	£2,366	42
2001	£93,992	£1,860	66
2000	£71,222	£1,483	45
1999	£60,498	£1,184	41
1998	£65,226	£1,213	89
1997	£48,410	£974	53
1996	£44,895	£920	29
1995	£42,956	£915	27

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£482,324	£5,482	17
2023	£506,333	£5,727	24
2022	£510,814	£5,539	35
2021	£495,543	£4,780	47
2020	£453,458	£4,746	36
2019	£466,603	£4,779	31
2018	£443,270	£4,582	38
2017	£464,744	£4,482	39
2016	£434,578	£4,376	29
2015	£364,716	£3,516	44
2014	£341,227	£3,291	33
2013	£293,562	£2,951	37
2012	£251,444	£3,209	27
2011	£295,033	£2,961	30
2010	£284,923	£2,924	26
2009	£247,707	£2,722	25
2008	£280,000	£2,660	17
2007	£274,618	£3,042	38
2006	£256,106	£2,488	53
2005	£247,948	£2,775	55
2004	£241,674	£2,462	50
2003	£222,232	£1,984	39
2002	£190,120	£1,939	55
2001	£147,678	£1,656	46
2000	£134,307	£1,457	34
1999	£118,226	£1,136	42
1998	£101,467	£1,098	47
1997	£90,572	£943	39
1996	£82,181	£839	30
1995	£75,293	£758	36

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£568,750	£4,820	4
2023	£597,625	£5,297	14
2022	£594,750	£5,111	16
2021	£571,900	£4,761	15
2020	£592,857	£4,307	14
2019	£492,950	£4,641	10
2018	£511,389	£4,955	9
2017	£549,167	£4,889	9
2016	£511,853	£3,905	17
2015	£480,653	£3,695	15
2014	£382,071	£3,278	14
2013	£366,423	£3,156	13
2012	£302,929	£3,131	7
2011	£382,433	£3,010	15
2010	£374,800	£2,848	5
2009	£315,866	£2,505	15
2008	£330,800	£3,666	5
2007	£377,406	£3,006	16
2006	£332,246	£2,586	15
2005	£355,739	£2,463	18
2004	£390,340	£3,220	21
2003	£263,406	£2,382	16
2002	£231,571	£2,093	14
2001	£182,150	£1,312	10
2000	£152,850	£1,428	10
1999	£157,937	£1,140	16
1998	£150,333	£1,106	9
1997	£123,250	£960	10
1996	£111,916	£711	6
1995	£122,679	£1,054	7

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£472,800	£5,405	10
2023	£518,114	£5,404	21
2022	£495,868	£5,368	34
2021	£416,048	£4,818	52
2020	£427,153	£5,033	36
2019	£440,531	£4,345	24
2018	£409,992	£4,965	32
2017	£410,421	£4,902	19
2016	£363,919	£4,490	29
2015	£333,451	£3,893	31
2014	£287,325	£3,280	40
2013	£254,087	£3,095	23
2012	£237,879	£2,899	29
2011	£246,861	£2,720	18
2010	£246,288	£2,791	24
2009	£208,321	£2,636	24
2008	£226,633	£2,729	15
2007	£250,597	£2,825	40
2006	£208,944	£2,669	46
2005	£222,599	£2,589	42
2004	£226,818	£2,658	39
2003	£197,381	£2,200	38
2002	£155,885	£1,792	38
2001	£133,456	£1,518	40
2000	£121,553	£1,309	31
1999	£88,541	£1,061	26
1998	£96,258	£978	24
1997	£94,195	£1,297	37
1996	£67,158	£768	25
1995	£68,534	£782	31

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£567,000		1
2023	£499,167	£4,280	3
2022	£1,395,000		2
2021	£472,333	£14,803	3
2020	£111,500	£2,038	2
2019	£185,163	£1,615	2
2018	£193,375	£3,111	4
2017	£9,450	£314	2
2016	£533,600	£1,983	5
2015	£1,380,000		1

House Type in RM2 5UQ area

The most common house types in the RM2 5UQ postcode area are Flat (109), Semi-detached (45), and Detached (42).

Total	241
Flat	109
Semi-detached	45
Detached	42
Terraced	17
converted building	15
Shared house	12
temporary structure	1
commercial building	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (101), and Private rented: Private landlord or letting agency (74).

Owned: Owns with a mortgage or loan	101
Private rented: Private landlord or letting agency	74
Owned: Owns outright	44
Social rented: Rents from council or Local Authority	20
Private rented: Other private rented	5
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the RM2 5UQ have 2 people in household (82), and 1 person in household (77).

2 people in household	82
1 person in household	77
3 people in household	39
4 people in household	32
5 people in household	9
6 people in household	2
8 or more people in household	2
0 people in household	0
7 people in household	0