Housing Market Analysis for BALMORAL ROAD, RM2 5XD

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £329,735 median price is £270,000 Standard Deviation is £172,132 with Total Sold: 17
- The Last 5 Year average price is £588,333 with Total Sold: 3
- The most recent sale happened at this postcode is 12 BALMORAL ROAD: £650,000 (Sold on 27 Jun 2022)
- The first recorded sale happened at this postcode is 8 BALMORAL ROAD: £143,000 (Sold on 23 Aug 1996)
Detached
- The average price is around £361,150 median price is £371,250 Standard Deviation is £139,483 with Total Sold: 10
- The Last 5 Year average price is £615,000 with Total Sold: 1
- The most recent sale happened at this postcode is 18 BALMORAL ROAD: £615,000 (Sold on 13 Mar 2020)
- The first recorded sale happened at this postcode is 15 BALMORAL ROAD: £121,500 (Sold on 13 Aug 1997)
Terraced
- The average price is around £365,000 median price is £365,000 Standard Deviation is £45,000 with Total Sold: 2
- The most recent sale happened at this postcode is 10 BALMORAL ROAD: £410,000 (Sold on 05 Dec 2005)
- The first recorded sale happened at this postcode is 10 BALMORAL ROAD: £320,000 (Sold on 09 Jun 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average RM2 5XD 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£650,000	£6,989	1
2019	£557,500	£5,250	2
2015	£510,000	£2,947	1
2013	£354,000	£3,780	1
2011	£480,000	£2,808	1
2010	£317,500	£2,949	2
2007	£215,500	£3,334	1
2006	£375,000	£4,032	1
2003	£249,995		1
2001	£185,000	£1,918	2
2000	£174,000	£1,871	1
1999	£167,000	£1,229	2
1996	£143,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£615,000	£5,256	1
2015	£408,000	£4,857	1
2013	£450,000	£2,830	1
2009	£497,000		1
2005	£367,500		1
2004	£375,000		1
2003	£295,000		2
2001	£187,500	£956	1
1997	£121,500		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2005	£410,000	£2,440	1
2004	£320,000	£1,905	1

All the Sales in the BALMORAL ROAD, RM2 5XD

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

Address	Sold Date	Price	% Change
12 BALMORAL ROADSemi-Detached, FreeholdArea: 93 Sq.mtrAge: 1900-1929	27 Jun 2022	£650,000	73.33%
	09 Jun 2006	£375,000	115.52%
	26 May 2000	£174,000	First Sale
18 BALMORAL ROADDetached, FreeholdArea: 117 Sq.mtrAge: 1930-1949	13 Mar 2020	£615,000	First Sale
10 BALMORAL ROADSemi-Detached, FreeholdArea: 178 Sq.mtrAge: 1900-1929	29 Nov 2019	£685,000	67.07%
	05 Dec 2005	£410,000	28.12%
	09 Jun 2004	£320,000	First Sale
7 BALMORAL ROADSemi-Detached, FreeholdArea: 64.64 Sq.mtrAge: 1930-1949	15 Jul 2019	£430,000	86.96%
	29 Jun 2010	£230,000	6.73%
	12 Apr 2007	£215,500	First Sale
21 BALMORAL ROADDetached, FreeholdArea: 84 Sq.mtrAge: 1967-1975	13 Nov 2015	£408,000	First Sale
19 BALMORAL ROADSemi-Detached, FreeholdArea: 173.07 Sq.mtrAge: 1900-1929	28 Jul 2015	£510,000	25.93%
	29 Dec 2010	£405,000	First Sale
22 BALMORAL ROADDetached, FreeholdArea: 159 Sq.mtrAge: 1930-1949	10 Jul 2013	£450,000	First Sale
5 BALMORAL ROADSemi-Detached, FreeholdArea: 93.66 Sq.mtrAge: 1930-1949	07 Mar 2013	£354,000	First Sale
6 BALMORAL ROADSemi-Detached, FreeholdArea: 170.93 Sq.mtrAge: 1900-1929	01 Jul 2011	£480,000	128.57%
	25 Feb 1999	£210,000	First Sale
14 BALMORAL ROADDetached, Freehold	29 May 2009	£497,000	First Sale
15 BALMORAL ROADDetached, Freehold	04 Feb 2005	£367,500	6.52%
	07 Mar 2003	£345,000	183.95%
	13 Aug 1997	£121,500	First Sale
1 BALMORAL ROADDetached, Freehold	10 Nov 2004	£375,000	53.06%
1 BALMORAL ROADDetached, Freehold	20 Aug 2003	£245,000	First Sale
3 BALMORAL ROADSemi-Detached, Freehold	04 Apr 2003	£249,995	101.61%
3 BALMORAL ROADSemi-Detached, Freehold	20 Jul 1999	£124,000	First Sale
13 BALMORAL ROADDetached, FreeholdArea: 196.15 Sq.mtr	13 Aug 2001	£187,500	First Sale
8 BALMORAL ROADSemi-Detached, Freehold	29 Mar 2001	£270,000	88.81%
8 BALMORAL ROADSemi-Detached, Freehold	23 Aug 1996	£143,000	First Sale
9 BALMORAL ROADSemi-Detached, FreeholdArea: 52.13 Sq.mtrAge: 1930-1949	15 Mar 2001	£100,000	First Sale

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

BALMORAL ROAD, RM2 5XD Near By properties

Interactive Map

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

Flat
- The average price is around £177,456 median price is £165,750 Standard Deviation is £101,229 with Total Sold: 1,018
- The Last 5 Year average price is £292,793 with Total Sold: 192
- 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)
Semi-Detached
- The average price is around £311,175 median price is £279,950 Standard Deviation is £168,309 with Total Sold: 987
- The Last 5 Year average price is £531,928 with Total Sold: 181
- The most recent sale happened at this postcode is , 15 BALGORES SQUARE: £940,000 (Sold on 22 Aug 2024)
- The first recorded sale happened at this postcode is , 16 TUDOR GARDENS: £124,000 (Sold on 03 Jan 1995)
Terraced
- The average price is around £276,443 median price is £250,000 Standard Deviation is £149,822 with Total Sold: 987
- The Last 5 Year average price is £482,116 with Total Sold: 187
- 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 , 18 THE RIDGEWAY: £87,800 (Sold on 17 Jan 1995)
Detached
- The average price is around £406,287 median price is £387,500 Standard Deviation is £202,219 with Total Sold: 398
- The Last 5 Year average price is £655,933 with Total Sold: 71
- 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 , 16 BALGORES SQUARE: £151,000 (Sold on 10 Feb 1995)
Other
- The average price is around £520,428 median price is £356,833 Standard Deviation is £556,860 with Total Sold: 36
- The Last 5 Year average price is £514,239 with Total Sold: 21
- The most recent sale happened at this postcode is , 7 WOODFIELD DRIVE: £570,000 (Sold on 03 May 2024)
- 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£307,875	£5,046	12
2023	£297,028	£4,685	27
2022	£309,981	£4,740	27
2021	£251,442	£5,149	54
2020	£320,671	£4,684	38
2019	£304,974	£4,896	34
2018	£256,528	£4,562	36
2017	£278,323	£4,645	41
2016	£249,719	£4,833	31
2015	£219,043	£3,900	27
2014	£191,730	£3,123	41
2013	£189,520	£2,965	47
2012	£155,737	£2,584	19
2011	£151,717	£2,731	18
2010	£162,875	£3,073	24
2009	£164,348	£2,896	23
2008	£186,068	£4,142	16
2007	£182,787	£3,338	43
2006	£183,660	£2,920	43
2005	£171,493	£2,964	34
2004	£166,525	£2,886	56
2003	£144,440	£2,573	59
2002	£106,285	£2,698	28
2001	£88,332	£1,787	36
2000	£71,562	£1,512	36
1999	£61,601	£1,224	37
1998	£59,238	£1,121	34
1997	£47,600	£968	40
1996	£47,390	£987	30
1995	£45,233	£940	27

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£572,214	£5,758	14
2023	£533,218	£5,902	27
2022	£568,515	£5,810	34
2021	£539,890	£4,881	35
2020	£494,258	£4,913	33
2019	£508,816	£5,048	38
2018	£503,844	£4,823	31
2017	£509,348	£4,920	33
2016	£457,870	£4,771	25
2015	£398,418	£3,663	34
2014	£355,672	£3,553	29
2013	£316,706	£3,100	34
2012	£280,250	£3,208	34
2011	£300,339	£2,961	28
2010	£303,419	£3,036	31
2009	£256,960	£2,634	25
2008	£307,772	£2,968	18
2007	£295,594	£3,036	34
2006	£272,402	£2,678	55
2005	£272,654	£2,907	48
2004	£244,075	£2,558	47
2003	£241,307	£1,961	26
2002	£209,567	£1,746	36
2001	£178,908	£1,816	41
2000	£150,072	£1,403	31
1999	£128,634	£1,300	39
1998	£115,665	£1,258	36
1997	£102,489	£1,026	34
1996	£89,946	£883	29
1995	£84,609	£806	28

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£495,964	£5,405	14
2023	£538,045	£5,528	20
2022	£513,088	£5,468	40
2021	£450,385	£4,988	48
2020	£458,919	£5,039	37
2019	£476,045	£4,606	28
2018	£434,664	£4,897	29
2017	£445,429	£4,933	21
2016	£421,392	£4,630	31
2015	£352,714	£3,877	42
2014	£318,628	£3,382	43
2013	£293,789	£3,214	19
2012	£263,650	£3,033	30
2011	£276,327	£2,837	26
2010	£262,116	£2,921	25
2009	£239,008	£2,729	25
2008	£257,488	£2,842	20
2007	£260,034	£2,901	47
2006	£232,682	£2,635	47
2005	£242,517	£2,708	39
2004	£232,364	£2,616	39
2003	£210,671	£2,202	36
2002	£171,942	£1,764	37
2001	£136,681	£1,551	47
2000	£131,234	£1,429	38
1999	£97,209	£1,086	29
1998	£103,555	£975	22
1997	£86,328	£909	48
1996	£75,693	£789	28
1995	£75,230	£838	32

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£615,000	£6,598	6
2023	£662,562	£5,488	12
2022	£717,400	£5,146	15
2021	£620,923	£4,413	13
2020	£635,000	£4,845	13
2019	£653,542	£4,735	12
2018	£523,929	£4,836	7
2017	£625,458	£5,509	12
2016	£543,833	£3,726	12
2015	£537,320	£4,151	15
2014	£415,231	£3,582	13
2013	£450,121	£3,363	14
2012	£373,389	£2,702	9
2011	£433,964	£3,322	14
2010	£464,500	£2,972	10
2009	£367,136	£2,754	11
2008	£406,429	£2,939	7
2007	£374,117	£2,727	17
2006	£387,365	£2,513	17
2005	£391,673	£2,522	22
2004	£439,758	£2,973	18
2003	£332,611	£2,542	18
2002	£252,529	£2,175	17
2001	£225,430	£1,590	15
2000	£196,187	£1,562	8
1999	£189,296	£1,410	8
1998	£202,244	£1,377	16
1997	£172,500	£935	16
1996	£151,749	£1,021	18
1995	£135,212	£949	13

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£568,500		2
2023	£568,125	£4,280	4
2022	£870,406		4
2021	£525,000	£5,107	4
2020	£195,555	£2,038	3
2019	£305,306	£1,615	4
2018	£193,375	£3,111	4
2017	£645,980	£8,718	5
2016	£651,600		5
2013	£675,000		1

House Type in RM2 5XD area

The most common house types in the RM2 5XD postcode area are Semi-detached (73), Detached (25), and commercial building (14).

Total	136
Semi-detached	73
Detached	25
commercial building	14
Terraced	13
Flat	8
Shared house	2
converted building	1
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 (49), and Owned: Owns outright (48).

Owned: Owns with a mortgage or loan	49
Owned: Owns outright	48
Private rented: Private landlord or letting agency	36
Private rented: Other private rented	2
Shared ownership: Shared ownership	1
Does not apply	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 5XD have 2 people in household (50), and 3 people in household (34).

2 people in household	50
3 people in household	34
1 person in household	23
4 people in household	21
5 people in household	5
6 people in household	2
8 or more people in household	1
0 people in household	0
7 people in household	0