Housing Market Analysis for LUCERNE WAY, RM3 8BS

Are you looking to understand RM3 8BS 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 8BS area, explore the RM3 8BS Area information page.
For comprehensive crime statistics in the RM3 8BS area, explore the RM3 8BS Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the RM3 8BS postcode area, The average prices are as follows,

Terraced
- The average price is around £173,530 median price is £153,000 Standard Deviation is £90,913 with Total Sold: 55
- The Last 5 Year average price is £288,333 with Total Sold: 15
- The most recent sale happened at this postcode is 24 LUCERNE WAY: £325,000 (Sold on 30 Nov 2023)
- The first recorded sale happened at this postcode is 54 LUCERNE WAY: £36,833 (Sold on 07 May 1996)
Flat
- The average price is around £157,500 median price is £157,500 Standard Deviation is £52,500 with Total Sold: 2
- The Last 5 Year average price is £210,000 with Total Sold: 1
- The most recent sale happened at this postcode is 28 LUCERNE WAY: £210,000 (Sold on 12 Aug 2022)
- The first recorded sale happened at this postcode is 28 LUCERNE WAY: £105,000 (Sold on 12 Apr 2006)
Semi-Detached
- The average price is around £89,000 median price is £89,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 42 LUCERNE WAY: £89,000 (Sold on 14 Jun 2002)
- The first recorded sale happened at this postcode is 42 LUCERNE WAY: £89,000 (Sold on 14 Jun 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average RM3 8BS 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
2023	£318,333	£4,157	3
2022	£328,333	£4,519	3
2021	£270,000	£3,299	5
2020	£255,000	£2,926	3
2019	£270,000	£3,140	1
2018	£270,000	£3,578	2
2017	£262,000	£3,081	2
2015	£210,000	£2,743	1
2014	£184,000	£2,359	1
2013	£137,000	£1,734	1
2012	£137,000	£1,565	1
2011	£130,000	£1,503	1
2009	£129,750	£1,670	2
2008	£158,750	£2,176	6
2007	£151,333	£1,988	3
2006	£135,000	£1,753	1
2005	£140,000	£1,818	1
2004	£129,617	£1,621	3
2003	£118,998	£1,545	2
2002	£89,000	£1,156	1
2001	£79,998	£870	3
2000	£60,663	£772	3
1999	£58,000		2
1997	£44,998	£694	2
1996	£36,166	£478	2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£210,000	£3,300	1
2006	£105,000	£1,694	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2002	£89,000	£1,029	1

All the Sales in the LUCERNE WAY, RM3 8BS

See the table below for more details on the sold house prices in the RM3 8BS, Havering postcode.

Address	Sold Date	Price	% Change
24 LUCERNE WAYTerraced, FreeholdArea: 77 Sq.mtrAge: 1950-1966	30 Nov 2023	£325,000	First Sale
16 LUCERNE WAYTerraced, FreeholdArea: 75 Sq.mtrAge: 1967-1975	21 Oct 2022	£340,000	First Sale
55 LUCERNE WAYTerraced, FreeholdArea: 77.76 Sq.mtrAge: 1996-2002	28 Apr 2023	£315,000	103.23%
	23 Feb 2007	£155,000	10.75%
	16 Sep 2004	£139,950	133.27%
	27 Apr 2000	£59,995	First Sale
17 LUCERNE WAYTerraced, FreeholdArea: 75 Sq.mtrAge: 1967-1975	03 Mar 2023	£315,000	10.53%
	11 Oct 2018	£285,000	First Sale
28 LUCERNE WAYFlat, LeaseholdArea: 63.64 Sq.mtr	12 Aug 2022	£210,000	100.00%
28 LUCERNE WAYFlat, LeaseholdArea: 63.64 Sq.mtr	12 Apr 2006	£105,000	First Sale
5 LUCERNE WAYTerraced, FreeholdArea: 72 Sq.mtrAge: 1983-1990	17 May 2022	£310,000	47.62%
	03 Sep 2021	£210,000	31.25%
	23 May 2008	£160,000	First Sale
50 LUCERNE WAYTerraced, FreeholdArea: 71 Sq.mtrAge: 1950-1966	17 Feb 2022	£335,000	First Sale
8 LUCERNE WAYTerraced, FreeholdArea: 76 Sq.mtrAge: 1950-1966	11 Aug 2021	£290,000	First Sale
59 LUCERNE WAYTerraced, FreeholdArea: 79 Sq.mtrAge: 1950-1966	24 Jun 2021	£250,000	82.48%
	31 Jan 2013	£137,000	First Sale
36 LUCERNE WAYTerraced, FreeholdArea: 109 Sq.mtrAge: 1967-1975	02 Mar 2021	£300,000	First Sale
43 LUCERNE WAYTerraced, FreeholdArea: 78 Sq.mtrAge: 1967-1975	19 Feb 2021	£300,000	63.04%
	31 Jul 2014	£184,000	42.08%
	18 Aug 2009	£129,500	First Sale
37 LUCERNE WAYTerraced, FreeholdArea: 108 Sq.mtrAge: 1967-1975	09 Oct 2020	£310,000	First Sale
41 LUCERNE WAYTerraced, FreeholdArea: 77 Sq.mtrAge: 1967-1975	20 Mar 2020	£245,000	16.67%
	24 Jan 2020	£210,000	55.56%
	26 May 2006	£135,000	12.50%
	15 Sep 2003	£119,995	First Sale
52 LUCERNE WAYTerraced, FreeholdArea: 86 Sq.mtrAge: 1976-1982	11 Nov 2019	£270,000	117.92%
	26 Mar 2004	£123,900	First Sale
53 LUCERNE WAYTerraced, FreeholdArea: 76 Sq.mtrAge: 1967-1975	22 Mar 2018	£255,000	First Sale
35 LUCERNE WAYTerraced, FreeholdArea: 101 Sq.mtrAge: 1967-1975	24 Nov 2017	£280,000	First Sale
57 LUCERNE WAYTerraced, FreeholdArea: 72 Sq.mtrAge: 1967-1975	09 Jan 2017	£244,000	62.67%
	03 Nov 2008	£150,000	200.00%
	23 Sep 1997	£50,000	First Sale
39 LUCERNE WAYTerraced, FreeholdArea: 76.56 Sq.mtrAge: 1967-1975	30 Jan 2015	£210,000	43.84%
	11 Jul 2007	£146,000	First Sale
38 LUCERNE WAYTerraced, FreeholdArea: 87.56 Sq.mtrAge: 1967-1975	01 Aug 2012	£137,000	16.10%
	09 Dec 2003	£118,000	71.01%
	25 May 2001	£69,000	First Sale
42 LUCERNE WAYTerraced, FreeholdArea: 86.48 Sq.mtrAge: 1967-1975	18 Apr 2011	£130,000	46.07%
	14 Jun 2002	£89,000	First Sale
18 LUCERNE WAYTerraced, FreeholdArea: 77.4 Sq.mtrAge: 1967-1975	18 Dec 2009	£130,000	-18.75%
	19 Mar 2008	£160,000	First Sale
40 LUCERNE WAYTerraced, FreeholdArea: 72 Sq.mtrAge: 1967-1975	16 May 2008	£153,000	First Sale
15 LUCERNE WAYTerraced, FreeholdArea: 76 Sq.mtrAge: 1976-1982	08 Apr 2008	£170,000	First Sale
21 LUCERNE WAYTerraced, FreeholdArea: 77 Sq.mtrAge: 1976-1982	19 Mar 2008	£159,500	4.25%
	27 Jul 2007	£153,000	9.29%
	29 Sep 2005	£140,000	First Sale
54 LUCERNE WAYTerraced, FreeholdArea: 77 Sq.mtrAge: 1950-1966	30 Apr 2004	£125,000	239.37%
	07 May 1996	£36,833	First Sale
44 LUCERNE WAYTerraced, FreeholdArea: 77 Sq.mtrAge: 1950-1966	20 Mar 2002	£89,000	First Sale
49 LUCERNE WAYTerraced, Freehold	30 Nov 2001	£84,995	First Sale
34 LUCERNE WAYTerraced, FreeholdArea: 102 Sq.mtrAge: 1967-1975	31 Aug 2001	£86,000	First Sale
23 LUCERNE WAYTerraced, Freehold	30 Jun 2000	£61,995	First Sale
20 LUCERNE WAYTerraced, Freehold	30 Jun 2000	£60,000	0.0
20 LUCERNE WAYTerraced, Freehold	31 Aug 1999	£60,000	First Sale
60 LUCERNE WAYTerraced, Freehold	26 Jul 1999	£56,000	40.02%
	13 Jun 1997	£39,995	12.66%
	12 Jul 1996	£35,500	First Sale

Check out the sold house prices near the RM3 8BS postcode. Properties currently for saleProperties currently for rent

LUCERNE WAY, RM3 8BS Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the RM3 8BS 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 8BS postcode.

Terraced
- The average price is around £179,987 median price is £160,000 Standard Deviation is £97,884 with Total Sold: 1,526
- The Last 5 Year average price is £319,237 with Total Sold: 273
- The most recent sale happened at this postcode is , 42 BRIDGWATER ROAD: £405,000 (Sold on 05 Sep 2024)
- The first recorded sale happened at this postcode is , 67 HILLDENE AVENUE: £45,500 (Sold on 19 Jan 1995)
Flat
- The average price is around £123,007 median price is £110,000 Standard Deviation is £62,129 with Total Sold: 574
- The Last 5 Year average price is £199,268 with Total Sold: 125
- The most recent sale happened at this postcode is APARTMENT 7, LUPIN LODGE, 161 HILLDENE AVENUE: £290,000 (Sold on 31 Jul 2024)
- The first recorded sale happened at this postcode is 4, WALLINGFORD HOUSE KINGSBRIDGE ROAD: £31,000 (Sold on 23 Jan 1995)
Semi-Detached
- The average price is around £190,295 median price is £170,750 Standard Deviation is £106,699 with Total Sold: 516
- The Last 5 Year average price is £367,846 with Total Sold: 70
- The most recent sale happened at this postcode is , 26 NEWBURY GARDENS: £380,000 (Sold on 01 Jul 2024)
- The first recorded sale happened at this postcode is , 9 CHIPPENHAM ROAD: £52,000 (Sold on 19 Jan 1995)
Other
- The average price is around £1,742,931 median price is £667,500 Standard Deviation is £2,920,019 with Total Sold: 32
- The Last 5 Year average price is £2,071,175 with Total Sold: 16
- The most recent sale happened at this postcode is , SAFETY INDUSTRIES TONBRIDGE ROAD: £1,811,000 (Sold on 11 Mar 2024)
- The first recorded sale happened at this postcode is UNITS 1 AND 2, 1/1A SPILSBY ROAD: £900,000 (Sold on 06 Sep 2013)
Detached
- The average price is around £255,769 median price is £235,000 Standard Deviation is £128,246 with Total Sold: 13
- The Last 5 Year average price is £358,500 with Total Sold: 2
- The most recent sale happened at this postcode is , 139 BRIAR ROAD: £287,000 (Sold on 16 Mar 2023)
- The first recorded sale happened at this postcode is , 242 STRAIGHT ROAD: £107,500 (Sold on 03 Feb 1997)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£340,100	£4,297	15
2023	£339,063	£4,252	54
2022	£349,005	£4,192	51
2021	£311,602	£3,914	59
2020	£297,658	£3,500	38
2019	£290,107	£3,786	56
2018	£290,880	£3,697	56
2017	£287,781	£3,634	48
2016	£285,839	£3,575	50
2015	£248,362	£3,029	60
2014	£206,833	£2,426	48
2013	£171,909	£2,175	33
2012	£154,177	£1,916	31
2011	£152,122	£1,922	37
2010	£167,403	£1,983	26
2009	£148,833	£1,815	33
2008	£175,392	£2,187	49
2007	£173,828	£2,070	82
2006	£160,955	£1,927	67
2005	£150,977	£1,781	65
2004	£142,962	£1,739	75
2003	£132,055	£1,656	68
2002	£108,861	£1,284	76
2001	£82,214	£972	59
2000	£69,894	£836	54
1999	£61,198	£784	52
1998	£61,178	£733	42
1997	£54,885	£655	65
1996	£46,711	£579	53
1995	£45,760	£553	24

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£190,400	£4,312	5
2023	£210,857	£4,027	28
2022	£209,789	£4,344	19
2021	£199,655	£4,092	29
2020	£189,000	£3,880	12
2019	£187,766	£3,695	32
2018	£200,421	£3,902	19
2017	£186,619	£3,994	21
2016	£184,180	£3,676	25
2015	£139,554	£2,904	14
2014	£120,012	£2,631	20
2013	£105,941	£2,102	17
2012	£103,269	£2,080	13
2011	£98,999	£1,952	8
2010	£98,400	£2,120	10
2009	£101,625	£1,915	8
2008	£116,585	£2,310	17
2007	£113,553	£2,329	33
2006	£104,664	£2,099	42
2005	£105,045	£2,153	22
2004	£103,924	£2,130	23
2003	£88,998	£1,704	20
2002	£71,124	£1,334	20
2001	£57,055	£1,274	27
2000	£50,123	£993	13
1999	£45,297	£857	20
1998	£34,688	£843	8
1997	£36,382	£650	19
1996	£36,311	£684	12
1995	£41,564	£943	18

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£367,500	£4,500	4
2023	£394,583	£4,652	12
2022	£391,682	£4,403	11
2021	£382,013	£4,124	16
2020	£348,472	£4,437	18
2019	£316,777	£3,820	9
2018	£330,461	£4,049	13
2017	£321,067	£3,803	15
2016	£311,429	£3,621	21
2015	£260,969	£2,988	13
2014	£227,583	£2,738	18
2013	£195,719	£2,364	16
2012	£182,833	£2,065	9
2011	£168,050	£2,119	10
2010	£180,900	£2,323	5
2009	£167,999	£1,945	8
2008	£201,578	£2,462	19
2007	£193,931	£2,217	39
2006	£183,000	£2,055	25
2005	£166,687	£1,913	15
2004	£163,395	£2,282	24
2003	£148,816	£2,118	30
2002	£121,860	£1,377	28
2001	£102,991	£1,115	29
2000	£90,425	£991	17
1999	£70,802	£837	24
1998	£66,790	£796	21
1997	£63,182	£744	24
1996	£51,488	£595	16
1995	£51,928	£612	7

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£1,117,250	£2,830	4
2023	£410,000	£5,395	1
2022	£5,765,000	£4,390	2
2021	£639,937	£4,432	4
2019	£2,834,010	£76,533	5
2018	£875,000		1
2017	£2,465,000		4
2016	£5,000		1
2015	£1,140,000		1
2014	£1,479,000	£5,725	5
2013	£840,000		4

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£287,000	£2,619	1
2020	£430,000	£3,924	1
2015	£215,000	£1,962	1
2008	£242,498	£2,798	2
2006	£236,250	£2,338	2
2002	£550,000		1
2001	£140,000	£1,286	2
1998	£249,000	£727	2
1997	£107,500	£919	1

House Type in RM3 8BS area

The most common house types in the RM3 8BS postcode area are Terraced (83), Semi-detached (27), and Flat (10).

Total	130
Terraced	83
Semi-detached	27
Flat	10
Detached	9
commercial building	1
Shared house	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (51), and Owned: Owns with a mortgage or loan (30).

Social rented: Rents from council or Local Authority	51
Owned: Owns with a mortgage or loan	30
Private rented: Private landlord or letting agency	18
Owned: Owns outright	14
Social rented: Other social rented	13
Private rented: Other private rented	3
Lives rent free	1
Does not apply	0
Shared ownership: Shared ownership	0

Number of People in a Household

The most houses in the RM3 8BS have 2 people in household (31), and 3 people in household (27).

2 people in household	31
3 people in household	27
4 people in household	22
5 people in household	21
1 person in household	16
6 people in household	9
7 people in household	2
8 or more people in household	1
0 people in household	0