Housing Market Analysis for THE BUSINESS CENTRE, RM3 8EN

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

Overview of Sold House prices

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

  • Other
    • The average price is around £375,000 median price is £375,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is UNIT I-J THE BUSINESS CENTRE: £375,000 (Sold on 04 Oct 2013)
    • The first recorded sale happened at this postcode is UNIT I-J THE BUSINESS CENTRE: £375,000 (Sold on 04 Oct 2013)

Sold Price Trend Over the Years:

Below table and chart gives the average RM3 8EN 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£375,0001

All the Sales in the THE BUSINESS CENTRE, RM3 8EN

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

AddressSold DatePrice% Change
UNIT I-J THE BUSINESS CENTREOther, Leasehold04 Oct 2013£375,000First Sale

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

THE BUSINESS CENTRE, RM3 8EN Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £202,314 median price is £180,000 Standard Deviation is £116,990 with Total Sold: 424
    • The Last 5 Year average price is £380,297 with Total Sold: 59
    • 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 £176,000 median price is £159,250 Standard Deviation is £96,153 with Total Sold: 1,316
    • The Last 5 Year average price is £319,957 with Total Sold: 215
    • 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 , 16 NEAVE CRESCENT: £50,000 (Sold on 13 Jan 1995)
  • Flat
    • The average price is around £130,624 median price is £122,750 Standard Deviation is £69,351 with Total Sold: 466
    • The Last 5 Year average price is £218,745 with Total Sold: 100
    • The most recent sale happened at this postcode is 4, SOUTHALL HOUSE KINGSBRIDGE CIRCUS: £175,000 (Sold on 19 Apr 2024)
    • The first recorded sale happened at this postcode is , 36 COLUMBINE WAY: £36,499 (Sold on 28 Feb 1995)
  • Other
    • The average price is around £2,953,680 median price is £915,000 Standard Deviation is £5,106,851 with Total Sold: 42
    • The Last 5 Year average price is £3,646,897 with Total Sold: 21
    • 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 , 16 FALCON BUSINESS CENTRE: £528,750 (Sold on 01 Jan 2007)
  • Detached
    • The average price is around £270,699 median price is £260,000 Standard Deviation is £136,429 with Total Sold: 45
    • The Last 5 Year average price is £415,950 with Total Sold: 10
    • The most recent sale happened at this postcode is , 37 COLUMBINE WAY: £440,000 (Sold on 19 Dec 2023)
    • 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£421,5004
2023£437,125 £5,313 8
2022£396,857 £4,794 7
2021£384,000 £4,549 18
2020£358,583 £4,960 12
2019£326,150 £3,959 10
2018£362,700 £4,318 15
2017£351,714 £3,944 7
2016£346,779 £4,322 24
2015£311,833 £3,872 12
2014£240,937 £2,992 8
2013£214,892 £2,662 19
2012£230,857 £2,208 7
2011£226,392 £2,438 8
2010£208,125 £2,572 4
2009£178,250 £2,247 4
2008£202,499 £2,337 15
2007£198,963 £2,212 15
2006£192,570 £2,144 25
2005£169,388 £1,890 9
2004£181,750 £2,382 16
2003£169,545 £2,035 21
2002£131,721 £1,466 23
2001£105,941 £1,151 18
2000£96,180 £1,118 18
1999£77,154 £928 21
1998£76,771 £1,043 21
1997£74,375 £891 24
1996£62,278 £889 18
1995£58,307 £720 13
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£314,417 £3,531 6
2023£331,798 £4,380 40
2022£354,094 £4,396 45
2021£313,179 £4,160 53
2020£299,191 £3,671 34
2019£295,324 £3,582 37
2018£290,321 £3,719 56
2017£282,309 £3,682 34
2016£270,348 £3,348 27
2015£246,125 £3,146 52
2014£209,714 £2,437 42
2013£183,453 £2,354 38
2012£157,800 £2,174 30
2011£161,585 £1,997 27
2010£170,020 £2,182 24
2009£146,596 £1,921 26
2008£177,506 £2,109 35
2007£173,494 £2,070 67
2006£173,210 £2,046 79
2005£155,170 £1,845 50
2004£147,268 £1,780 60
2003£137,185 £1,606 54
2002£110,580 £1,288 63
2001£83,265 £1,043 61
2000£72,749 £904 55
1999£65,336 £887 55
1998£62,562 £788 39
1997£55,678 £654 57
1996£46,370 £568 41
1995£49,138 £583 29
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£166,667 £4,390 3
2023£205,941 £4,318 17
2022£224,150 £4,477 20
2021£194,237 £4,135 19
2020£256,571 £4,120 28
2019£193,538 £3,864 13
2018£216,462 £4,484 13
2017£201,893 £3,978 14
2016£180,603 £3,405 16
2015£142,500 £3,030 13
2014£132,911 £2,609 14
2013£116,333 £2,132 12
2012£103,667 £2,172 6
2011£115,917 £2,143 6
2010£106,450 £2,094 10
2009£117,857 £2,161 7
2008£123,081 £2,262 11
2007£129,586 £2,564 23
2006£130,599 £2,383 51
2005£122,839 £2,627 14
2004£102,409 £2,154 11
2003£93,422 £1,874 13
2002£76,821 £1,532 14
2001£65,127 £1,394 25
2000£56,241 £1,136 17
1999£48,345 £960 23
1998£50,800 £1,182 10
1997£42,000 £773 16
1996£39,424 £908 10
1995£44,009 £985 17
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£2,105,5002
2023£410,000 £5,395 1
2022£4,031,667 £4,390 3
2021£765,2507
2020£13,170,0204
2019£458,000 £5,384 4
2018£3,756,667 £4,195 6
2017£2,802,0005
2016£5,0001
2015£738,0002
2014£2,775,0002
2013£840,0004
2007£528,7501
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£363,500 £4,130 2
2021£408,750 £5,588 2
2020£377,500 £3,924 2
2019£465,000 £4,165 4
2017£353,250 £4,004 2
2016£294,0001
2015£283,333 £2,520 3
2014£250,0001
2013£220,000 £5,000 1
2012£297,5001
2009£235,000 £2,568 1
2008£235,500 £2,798 2
2007£256,975 £2,433 2
2006£315,000 £2,262 3
2004£260,000 £2,574 1
2003£375,0001
2002£369,0002
2001£131,667 £1,298 3
1999£127,333 £1,257 3
1998£180,125 £883 4
1997£94,5002
1995£89,748 £941 2

House Type in RM3 8EN area

The most common house types in the RM3 8EN postcode area are Terraced (68), Flat (34), and Semi-detached (18).

Total125
Terraced68
Flat34
Semi-detached18
Detached4
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (52), and Owned: Owns with a mortgage or loan (28).

Social rented: Rents from council or Local Authority52
Owned: Owns with a mortgage or loan28
Private rented: Private landlord or letting agency16
Owned: Owns outright15
Social rented: Other social rented13
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the RM3 8EN have 1 person in household (37), and 2 people in household (29).

1 person in household37
2 people in household29
4 people in household23
5 people in household17
3 people in household16
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0