Housing Market Analysis for SMART CLOSE, RM3 7BP

Are you looking to understand RM3 7BP 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 RM3 7BP area, explore the RM3 7BP Area information page.
For comprehensive crime statistics in the RM3 7BP area, explore the RM3 7BP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the RM3 7BP postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £248,714 median price is £226,500 Standard Deviation is £90,074 with Total Sold: 14
    • The Last 5 Year average price is £375,833 with Total Sold: 3
    • The most recent sale happened at this postcode is 7 SMART CLOSE: £407,500 (Sold on 05 Apr 2023)
    • The first recorded sale happened at this postcode is 10 SMART CLOSE: £87,500 (Sold on 22 Mar 2001)
  • Terraced
    • The average price is around £415,000 median price is £415,000 Standard Deviation is £85,000 with Total Sold: 2
    • The Last 5 Year average price is £500,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 4 SMART CLOSE: £500,000 (Sold on 28 Oct 2022)
    • The first recorded sale happened at this postcode is 4 SMART CLOSE: £330,000 (Sold on 17 Aug 2016)

Sold Price Trend Over the Years:

Below table and chart gives the average RM3 7BP 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£407,500 £5,031 1
2021£390,000 £4,484 1
2019£330,000 £4,074 1
2017£322,500 £3,890 2
2014£250,000 £3,049 1
2013£190,000 £2,324 1
2012£204,000 £2,399 2
2007£212,498 £2,130 2
2006£174,995 £2,123 1
2003£174,0001
2001£87,500 £1,067 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£500,000 £3,597 1
2016£330,000 £2,374 1

All the Sales in the SMART CLOSE, RM3 7BP

See the table below for more details on the sold house prices in the RM3 7BP, Havering postcode.

AddressSold DatePrice% Change
7 SMART CLOSESemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1950-196605 Apr 2023£407,50094.05%
16 Apr 2007£209,995First Sale
4 SMART CLOSETerraced, FreeholdArea: 139 Sq.mtrAge: 1967-197528 Oct 2022£500,00051.52%
17 Aug 2016£330,000First Sale
2 SMART CLOSESemi-Detached, FreeholdArea: 86.98 Sq.mtrAge: 1950-196626 Nov 2021£390,00063.87%
10 Dec 2012£238,00010.70%
14 Sep 2007£215,000First Sale
3 SMART CLOSESemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1950-196613 Dec 2019£330,000First Sale
10 SMART CLOSESemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1930-194926 May 2017£350,000300.00%
22 Mar 2001£87,500First Sale
13 SMART CLOSESemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1930-194919 Jan 2017£295,000First Sale
5 SMART CLOSESemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1950-196610 Sep 2014£250,000First Sale
16 SMART CLOSESemi-Detached, FreeholdArea: 81.76 Sq.mtrAge: 1950-196603 May 2013£190,000First Sale
12 SMART CLOSESemi-Detached, FreeholdArea: 82.44 Sq.mtrAge: 1930-194923 Feb 2012£170,000-2.85%
01 Dec 2006£174,995First Sale
9 SMART CLOSESemi-Detached, Freehold02 May 2003£174,000First Sale

Check out the sold house prices near the RM3 7BP postcode. Properties currently for saleProperties currently for rent

SMART CLOSE, RM3 7BP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the RM3 7BP 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 RM3 7BP postcode.

  • Semi-Detached
    • The average price is around £213,614 median price is £190,000 Standard Deviation is £112,182 with Total Sold: 650
    • The Last 5 Year average price is £376,681 with Total Sold: 116
    • The most recent sale happened at this postcode is , 34 HEATON CLOSE: £420,000 (Sold on 20 Sep 2024)
    • The first recorded sale happened at this postcode is , 29 BYRON WAY: £59,995 (Sold on 13 Jan 1995)
  • Terraced
    • The average price is around £186,979 median price is £165,000 Standard Deviation is £105,960 with Total Sold: 713
    • The Last 5 Year average price is £347,450 with Total Sold: 121
    • The most recent sale happened at this postcode is , 20 BRIAR ROAD: £386,000 (Sold on 29 Jul 2024)
    • The first recorded sale happened at this postcode is , 11 BELLFLOWER PATH: £33,000 (Sold on 24 Feb 1995)
  • Flat
    • The average price is around £138,705 median price is £123,150 Standard Deviation is £74,270 with Total Sold: 384
    • The Last 5 Year average price is £232,628 with Total Sold: 90
    • The most recent sale happened at this postcode is , 15 BELL AVENUE: £235,000 (Sold on 01 Jul 2024)
    • The first recorded sale happened at this postcode is , 72 HEATON AVENUE: £45,000 (Sold on 20 Feb 1995)
  • Other
    • The average price is around £519,300 median price is £362,500 Standard Deviation is £468,785 with Total Sold: 10
    • The Last 5 Year average price is £706,000 with Total Sold: 6
    • The most recent sale happened at this postcode is , HEATON WAY UNITED REFORMED CHURCH HEATON WAY: £1,300,000 (Sold on 30 Apr 2024)
    • The first recorded sale happened at this postcode is , 34A MASEFIELD CRESCENT: £91,000 (Sold on 20 Oct 2017)
  • Detached
    • The average price is around £374,157 median price is £325,000 Standard Deviation is £227,115 with Total Sold: 171
    • The Last 5 Year average price is £573,250 with Total Sold: 34
    • The most recent sale happened at this postcode is , 6 ELLMORE CLOSE: £415,000 (Sold on 09 Feb 2024)
    • The first recorded sale happened at this postcode is , 49 STRAIGHT ROAD: £98,495 (Sold on 26 May 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£420,0008
2023£403,077 £4,842 13
2022£414,235 £4,855 17
2021£384,567 £4,536 30
2020£356,227 £4,279 22
2019£333,808 £3,967 26
2018£355,794 £3,457 17
2017£326,518 £3,967 14
2016£321,655 £3,598 29
2015£278,700 £3,445 35
2014£238,625 £2,991 20
2013£205,407 £2,407 22
2012£222,756 £2,178 12
2011£204,720 £2,242 12
2010£206,923 £2,256 13
2009£173,958 £2,057 12
2008£207,250 £2,139 24
2007£204,832 £2,381 25
2006£189,579 £2,248 25
2005£176,012 £1,884 18
2004£175,957 £2,188 29
2003£165,170 £1,860 29
2002£132,486 £1,549 37
2001£108,520 £1,267 32
2000£101,992 £1,079 26
1999£83,937 £845 24
1998£73,118 £935 25
1997£67,943 £737 20
1996£64,438 £773 16
1995£61,082 £651 18
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£399,0004
2023£379,511 £4,748 18
2022£400,278 £4,720 18
2021£340,025 £4,372 30
2020£309,021 £3,558 24
2019£325,630 £3,753 27
2018£308,904 £3,556 26
2017£299,263 £3,747 19
2016£292,514 £3,520 29
2015£250,200 £3,069 25
2014£202,471 £2,410 17
2013£179,999 £2,248 18
2012£168,176 £2,015 17
2011£168,735 £1,998 17
2010£174,600 £2,135 15
2009£157,550 £2,032 10
2008£187,764 £2,182 17
2007£185,678 £2,199 33
2006£165,702 £2,029 26
2005£165,102 £1,934 24
2004£159,067 £1,790 34
2003£148,890 £1,750 32
2002£124,183 £1,439 38
2001£95,090 £1,134 36
2000£82,204 £993 27
1999£69,250 £840 32
1998£70,978 £831 23
1997£58,833 £689 34
1996£50,651 £574 24
1995£54,013 £642 19
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£189,0003
2023£236,929 £4,053 14
2022£227,471 £4,065 17
2021£215,588 £3,816 17
2020£266,174 £3,979 23
2019£212,406 £3,813 16
2018£227,409 £3,758 11
2017£210,042 £3,609 12
2016£191,577 £3,382 15
2015£158,000 £2,982 10
2014£145,933 £2,419 15
2013£122,875 £1,883 8
2012£117,857 £1,901 7
2011£133,719 £2,104 8
2010£107,722 £2,051 9
2009£113,750 £1,756 4
2008£126,722 £2,175 11
2007£129,249 £2,352 18
2006£116,093 £2,086 23
2005£116,612 £2,214 16
2004£102,406 £2,021 16
2003£95,266 £1,656 15
2002£73,090 £1,483 11
2001£57,583 £1,205 18
2000£55,892 £1,008 14
1999£47,654 £876 19
1998£40,799 £797 5
1997£42,812 £759 8
1996£43,623 £886 8
1995£47,050 £1,041 13
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,300,0001
2023£410,000 £5,395 1
2021£1,125,0001
2020£699,500 £2,052 2
2019£2,0001
2018£365,000 £4,195 1
2017£197,333 £1,812 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£415,000 £4,770 1
2023£581,333 £5,790 6
2022£683,333 £11,074 3
2021£475,500 £5,415 9
2020£624,429 £5,822 7
2019£610,875 £5,337 8
2018£606,000 £5,437 2
2017£470,944 £5,108 9
2016£432,429 £3,702 7
2015£429,286 £3,423 7
2014£416,667 £3,228 3
2013£308,583 £3,362 6
2012£283,750 £3,352 2
2011£446,929 £3,291 7
2010£305,499 £3,058 4
2009£273,332 £2,485 3
2008£387,043 £3,545 7
2007£434,744 £2,619 9
2006£370,056 £2,473 9
2005£327,916 £2,338 6
2004£467,600 £2,564 5
2003£364,167 £3,102 6
2002£274,3333
2001£220,000 £1,331 5
2000£221,832 £1,284 6
1999£153,878 £1,343 13
1998£113,400 £840 5
1997£101,0003
1996£178,800 £826 5
1995£141,399 £983 5

House Type in RM3 7BP area

The most common house types in the RM3 7BP postcode area are Semi-detached (100), Terraced (34), and Detached (3).

Total137
Semi-detached100
Terraced34
Detached3
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

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 (34).

Owned: Owns with a mortgage or loan54
Owned: Owns outright34
Social rented: Rents from council or Local Authority28
Private rented: Private landlord or letting agency15
Shared ownership: Shared ownership4
Private rented: Other private rented4
Social rented: Other social rented2
Lives rent free2
Does not apply0

Number of People in a Household

The most houses in the RM3 7BP have 2 people in household (30), and 3 people in household (30).

2 people in household30
3 people in household30
1 person in household28
4 people in household28
5 people in household14
6 people in household6
7 people in household4
0 people in household0
8 or more people in household0