Housing Market Analysis for OAKWOOD CLOSE, RM3 8FL

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £186,549 median price is £166,808 Standard Deviation is £62,782 with Total Sold: 5
    • The Last 5 Year average price is £260,000 with Total Sold: 2
    • The most recent sale happened at this postcode is FLAT 4, OAKLANDS HOUSE OAKWOOD CLOSE: £270,000 (Sold on 24 Mar 2023)
    • The first recorded sale happened at this postcode is FLAT 1, OAKLANDS HOUSE OAKWOOD CLOSE: £111,937 (Sold on 17 Jan 2008)

Sold Price Trend Over the Years:

Below table and chart gives the average RM3 8FL 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£270,000 £4,717 1
2022£250,000 £4,098 1
2008£137,582 £2,412 3

All the Sales in the OAKWOOD CLOSE, RM3 8FL

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

AddressSold DatePrice% Change
FLAT 4, OAKLANDS HOUSE OAKWOOD CLOSEFlat, LeaseholdArea: 57.24 Sq.mtrAge: 2007 onwards24 Mar 2023£270,000First Sale
FLAT 7, OAKLANDS HOUSE OAKWOOD CLOSEFlat, LeaseholdArea: 61 Sq.mtrAge: 2007 onwards29 Mar 2022£250,000First Sale
FLAT 3, OAKLANDS HOUSE OAKWOOD CLOSEFlat, LeaseholdArea: 51.92 Sq.mtrAge: 2007 onwards18 Dec 2008£134,000First Sale
FLAT 2, OAKLANDS HOUSE OAKWOOD CLOSEFlat, LeaseholdArea: 59.89 Sq.mtrAge: 2007 onwards12 Dec 2008£166,808First Sale
FLAT 1, OAKLANDS HOUSE OAKWOOD CLOSEFlat, LeaseholdArea: 59.89 Sq.mtrAge: 2007 onwards17 Jan 2008£111,937First Sale

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

OAKWOOD CLOSE, RM3 8FL Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £209,162 median price is £181,000 Standard Deviation is £108,661 with Total Sold: 946
    • The Last 5 Year average price is £353,423 with Total Sold: 165
    • The most recent sale happened at this postcode is , 1 SUDBURY CLOSE: £475,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 52 HALESWORTH ROAD: £44,000 (Sold on 13 Jan 1995)
  • Semi-Detached
    • The average price is around £217,231 median price is £195,000 Standard Deviation is £109,912 with Total Sold: 723
    • The Last 5 Year average price is £376,438 with Total Sold: 102
    • The most recent sale happened at this postcode is , 9 SMITHSLAND ROAD: £426,830 (Sold on 31 Jul 2024)
    • The first recorded sale happened at this postcode is , 9 CHIPPENHAM ROAD: £52,000 (Sold on 19 Jan 1995)
  • Flat
    • The average price is around £138,026 median price is £124,998 Standard Deviation is £68,716 with Total Sold: 622
    • The Last 5 Year average price is £213,869 with Total Sold: 133
    • The most recent sale happened at this postcode is FLAT 2, DEERWOOD HOUSE, 1 MEADFARM CLOSE: £278,000 (Sold on 17 May 2024)
    • The first recorded sale happened at this postcode is 9, LUTON HOUSE LINDFIELD ROAD: £18,500 (Sold on 09 Jan 1995)
  • Other
    • The average price is around £1,022,378 median price is £180,000 Standard Deviation is £3,003,658 with Total Sold: 15
    • The Last 5 Year average price is £1,355,061 with Total Sold: 11
    • The most recent sale happened at this postcode is , 196 HILLDENE AVENUE: £500 (Sold on 29 Feb 2024)
    • The first recorded sale happened at this postcode is , 5 CAMBORNE AVENUE: £5,000 (Sold on 01 Dec 2016)
  • Detached
    • The average price is around £294,055 median price is £299,998 Standard Deviation is £92,185 with Total Sold: 18
    • The Last 5 Year average price is £470,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 5 LITTLE GARDEN CLOSE: £465,000 (Sold on 05 Aug 2022)
    • The first recorded sale happened at this postcode is , 6 CHATTERIS AVENUE: £133,000 (Sold on 27 Jul 2001)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£405,545 £4,269 11
2023£378,339 £4,798 31
2022£383,702 £4,540 26
2021£346,932 £4,094 37
2020£340,759 £4,007 27
2019£306,424 £3,962 33
2018£335,823 £4,095 31
2017£317,171 £4,105 38
2016£317,167 £3,717 42
2015£286,140 £3,328 75
2014£230,054 £2,750 51
2013£179,352 £2,164 27
2012£166,412 £1,988 17
2011£161,521 £2,022 21
2010£161,208 £2,109 12
2009£166,142 £2,120 26
2008£199,326 £2,398 23
2007£184,219 £2,078 48
2006£164,416 £1,920 42
2005£154,597 £1,820 41
2004£147,046 £1,826 38
2003£137,479 £1,720 37
2002£109,478 £1,384 41
2001£94,903 £986 31
2000£77,396 £943 30
1999£67,299 £810 16
1998£63,525 £824 20
1997£57,927 £699 31
1996£46,946 £577 28
1995£46,800 £599 15
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£388,0556
2023£419,167 £4,800 18
2022£403,500 £4,714 16
2021£367,736 £4,065 25
2020£357,435 £4,177 23
2019£332,357 £3,773 14
2018£330,587 £3,908 23
2017£331,079 £3,632 19
2016£334,226 £3,932 31
2015£299,616 £3,385 79
2014£258,272 £2,839 46
2013£193,655 £2,131 29
2012£177,233 £2,005 15
2011£172,062 £1,975 12
2010£181,286 £1,980 7
2009£179,729 £1,919 19
2008£198,174 £2,365 20
2007£190,625 £2,269 39
2006£176,485 £1,904 34
2005£168,870 £1,850 20
2004£172,153 £1,858 26
2003£151,866 £1,735 30
2002£126,175 £1,373 25
2001£100,824 £1,132 27
2000£91,359 £1,016 20
1999£73,862 £852 22
1998£66,477 £785 18
1997£62,276 £695 29
1996£54,127 £635 22
1995£55,944 £648 9
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£209,286 £4,399 7
2023£227,353 £4,119 29
2022£218,185 £4,306 15
2021£213,350 £4,187 30
2020£208,850 £4,062 20
2019£204,250 £3,711 32
2018£214,666 £4,102 27
2017£204,840 £4,121 25
2016£186,917 £3,566 18
2015£174,317 £3,025 52
2014£153,649 £2,835 37
2013£107,389 £2,175 18
2012£103,423 £2,112 13
2011£104,111 £2,129 9
2010£99,917 £2,030 6
2009£137,364 £2,391 22
2008£123,435 £2,487 20
2007£115,445 £2,467 32
2006£103,404 £2,160 33
2005£101,338 £2,007 19
2004£95,869 £2,262 21
2003£88,057 £1,750 17
2002£73,233 £1,500 15
2001£56,475 £1,283 21
2000£52,208 £1,136 12
1999£43,423 £836 13
1998£40,205 £846 21
1997£34,893 £630 15
1996£30,249 £647 12
1995£29,409 £655 11
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£129,000 £2,830 2
2022£180,000 £4,390 1
2021£497,542 £7,292 3
2020£180,000 £3,103 1
2019£3,198,762 £67,726 4
2018£65,0001
2017£180,0002
2016£5,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£470,000 £5,108 2
2018£300,000 £3,488 1
2016£337,500 £3,629 1
2015£337,500 £3,371 4
2014£284,166 £3,132 6
2008£235,000 £2,798 1
2006£190,000 £2,262 1
2001£117,750 £1,583 2

House Type in RM3 8FL area

The most common house types in the RM3 8FL postcode area are Terraced (90), Flat (42), and Semi-detached (34).

Total175
Terraced90
Flat42
Semi-detached34
Detached7
Shared house2
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 (51), and Social rented: Rents from council or Local Authority (45).

Owned: Owns with a mortgage or loan51
Social rented: Rents from council or Local Authority45
Owned: Owns outright32
Private rented: Private landlord or letting agency21
Social rented: Other social rented11
Shared ownership: Shared ownership8
Private rented: Other private rented2
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the RM3 8FL have 3 people in household (47), and 1 person in household (43).

3 people in household47
1 person in household43
2 people in household33
4 people in household27
5 people in household15
6 people in household3
7 people in household3
0 people in household0
8 or more people in household0