Housing Market Analysis for LAUNCESTON CLOSE, RM3 8HQ

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £191,010 median price is £174,000 Standard Deviation is £103,570 with Total Sold: 36
    • The Last 5 Year average price is £328,889 with Total Sold: 9
    • The most recent sale happened at this postcode is 20 LAUNCESTON CLOSE: £405,000 (Sold on 27 Jun 2023)
    • The first recorded sale happened at this postcode is 28 LAUNCESTON CLOSE: £55,000 (Sold on 30 Aug 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average RM3 8HQ 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£405,000 £3,649 1
2022£361,000 £4,750 1
2021£322,333 £3,711 3
2020£343,500 £3,683 2
2019£270,000 £2,849 2
2018£311,000 £3,840 1
2016£320,000 £4,000 1
2014£202,500 £2,262 2
2013£190,000 £1,777 2
2008£192,5001
2007£174,667 £1,872 3
2006£180,0001
2005£175,000 £1,786 1
2004£156,250 £1,464 2
2003£154,998 £1,456 2
2002£121,500 £1,224 2
2000£82,500 £743 1
1999£67,250 £636 2
1998£66,000 £647 1
1997£56,338 £610 4
1996£55,000 £545 1

All the Sales in the LAUNCESTON CLOSE, RM3 8HQ

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

AddressSold DatePrice% Change
20 LAUNCESTON CLOSETerraced, FreeholdArea: 111 Sq.mtrAge: 1967-197527 Jun 2023£405,000390.91%
09 Jun 2000£82,50047.32%
16 Sep 1997£56,000First Sale
9 LAUNCESTON CLOSETerraced, FreeholdArea: 76 Sq.mtrAge: 1976-198220 May 2022£361,000First Sale
34 LAUNCESTON CLOSETerraced, FreeholdArea: 103 Sq.mtrAge: 1967-197520 Dec 2021£350,000First Sale
3 LAUNCESTON CLOSETerraced, FreeholdArea: 84 Sq.mtrAge: 1967-197514 May 2021£305,000First Sale
7 LAUNCESTON CLOSETerraced, FreeholdArea: 76 Sq.mtrAge: 1967-197530 Apr 2021£312,000First Sale
13 LAUNCESTON CLOSETerraced, FreeholdArea: 80 Sq.mtrAge: 1967-197530 Oct 2020£345,0007.81%
30 Sep 2016£320,000First Sale
26 LAUNCESTON CLOSETerraced, FreeholdArea: 112 Sq.mtrAge: 1967-197511 May 2020£342,000First Sale
10 LAUNCESTON CLOSETerraced, FreeholdArea: 122 Sq.mtrAge: 1930-194920 Nov 2019£255,00045.71%
05 Jul 2005£175,00045.83%
24 Jun 2002£120,000First Sale
21 LAUNCESTON CLOSETerraced, FreeholdArea: 79 Sq.mtrAge: 1950-196615 Nov 2019£285,000First Sale
5 LAUNCESTON CLOSETerraced, FreeholdArea: 81 Sq.mtrAge: 1976-198210 May 2018£311,000First Sale
1 LAUNCESTON CLOSETerraced, FreeholdArea: 77 Sq.mtrAge: 1967-197514 Jul 2014£200,000First Sale
16 LAUNCESTON CLOSETerraced, FreeholdArea: 106.44 Sq.mtrAge: 1967-197512 May 2014£205,00032.26%
13 Oct 2003£154,995First Sale
28 LAUNCESTON CLOSETerraced, FreeholdArea: 101 Sq.mtrAge: 1976-198227 Aug 2013£217,00025.43%
23 Jul 2007£173,00011.97%
27 Feb 2004£154,500128.89%
30 Apr 1999£67,50022.73%
30 Aug 1996£55,000First Sale
24 LAUNCESTON CLOSETerraced, FreeholdArea: 116 Sq.mtrAge: 1967-197502 Apr 2013£163,000146.97%
20 Jul 1998£66,000First Sale
29 LAUNCESTON CLOSETerraced, Freehold04 Apr 2008£192,500First Sale
2 LAUNCESTON CLOSETerraced, Freehold29 Jun 2007£150,000207.06%
10 Jan 1997£48,850First Sale
36 LAUNCESTON CLOSETerraced, FreeholdArea: 99 Sq.mtrAge: 1967-197513 Apr 2007£201,000First Sale
15 LAUNCESTON CLOSETerraced, Freehold12 Jun 2006£180,00016.13%
31 Mar 2003£155,000First Sale
4 LAUNCESTON CLOSETerraced, FreeholdArea: 113 Sq.mtrAge: 1950-196623 Mar 2004£158,000135.82%
12 Feb 1999£67,000First Sale
32 LAUNCESTON CLOSETerraced, Freehold21 May 2002£123,00094.47%
15 Dec 1997£63,250First Sale
6 LAUNCESTON CLOSETerraced, FreeholdArea: 80 Sq.mtrAge: 1976-198217 Apr 1997£57,250First Sale

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

LAUNCESTON CLOSE, RM3 8HQ Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £260,332 median price is £234,998 Standard Deviation is £147,558 with Total Sold: 864
    • The Last 5 Year average price is £458,046 with Total Sold: 153
    • 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 £191,243 median price is £169,995 Standard Deviation is £110,383 with Total Sold: 761
    • The Last 5 Year average price is £346,814 with Total Sold: 121
    • The most recent sale happened at this postcode is , 10 CLEMATIS CLOSE: £265,000 (Sold on 26 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 £138,348 median price is £129,995 Standard Deviation is £74,506 with Total Sold: 547
    • The Last 5 Year average price is £233,873 with Total Sold: 100
    • 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 , 9 FERGUSON COURT: £48,000 (Sold on 26 Jan 1995)
  • Other
    • The average price is around £3,623,784 median price is £1,017,500 Standard Deviation is £6,884,841 with Total Sold: 32
    • The Last 5 Year average price is £5,671,193 with Total Sold: 16
    • The most recent sale happened at this postcode is , 5 BRYANT AVENUE: £1,035,000 (Sold on 31 Jan 2024)
    • The first recorded sale happened at this postcode is , CONSTRUCTION HOUSE SOUTHEND ARTERIAL ROAD: £725,000 (Sold on 21 Aug 2013)
  • Detached
    • The average price is around £433,022 median price is £373,000 Standard Deviation is £250,644 with Total Sold: 140
    • The Last 5 Year average price is £695,574 with Total Sold: 27
    • The most recent sale happened at this postcode is , 215 MAIN ROAD: £900,000 (Sold on 15 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£474,125 £4,902 8
2023£474,184 £5,231 19
2022£516,321 £5,557 39
2021£452,577 £4,949 42
2020£428,013 £5,167 22
2019£379,022 £4,260 23
2018£406,702 £4,270 22
2017£420,304 £4,795 23
2016£375,398 £4,335 42
2015£339,614 £3,624 35
2014£318,600 £3,440 25
2013£272,960 £2,951 25
2012£273,619 £2,869 30
2011£251,075 £2,715 20
2010£232,933 £2,642 15
2009£230,966 £2,787 15
2008£230,075 £2,452 20
2007£259,566 £2,620 30
2006£236,816 £2,603 45
2005£246,067 £2,297 29
2004£201,036 £2,593 30
2003£205,594 £2,253 37
2002£167,070 £1,897 32
2001£143,184 £1,639 35
2000£123,054 £1,310 36
1999£105,679 £1,135 35
1998£95,096 £1,196 28
1997£88,079 £1,072 41
1996£83,937 £897 32
1995£80,517 £861 29
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£391,6673
2023£398,556 £4,927 18
2022£388,861 £4,886 18
2021£348,962 £4,467 39
2020£288,816 £3,348 19
2019£313,292 £3,721 24
2018£317,369 £3,927 42
2017£305,042 £3,600 12
2016£318,961 £3,600 19
2015£246,282 £3,322 23
2014£218,974 £2,453 19
2013£213,260 £2,444 24
2012£172,625 £2,075 16
2011£198,355 £2,402 19
2010£196,368 £2,440 19
2009£161,500 £2,007 10
2008£210,735 £2,092 17
2007£183,909 £2,308 37
2006£185,845 £2,114 51
2005£168,838 £1,910 26
2004£166,028 £1,963 40
2003£146,333 £1,712 27
2002£113,245 £1,355 31
2001£98,685 £1,265 39
2000£95,946 £1,045 28
1999£69,470 £889 33
1998£71,399 £961 25
1997£58,063 £712 29
1996£60,378 £731 26
1995£52,750 £693 28
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£190,0002
2023£250,394 £4,344 16
2022£229,667 £3,971 15
2021£210,147 £3,874 17
2020£266,232 £4,127 28
2019£205,864 £3,614 22
2018£242,910 £4,138 25
2017£213,667 £3,756 9
2016£202,808 £3,595 20
2015£166,472 £3,237 18
2014£160,953 £2,607 16
2013£127,409 £2,129 11
2012£137,312 £2,423 8
2011£113,768 £2,007 14
2010£126,500 £2,463 10
2009£125,111 £2,238 9
2008£137,859 £2,468 11
2007£140,939 £2,373 19
2006£140,461 £2,412 42
2005£126,226 £2,418 21
2004£124,631 £2,345 19
2003£115,730 £1,986 26
2002£96,422 £1,760 16
2001£71,169 £1,296 28
2000£63,272 £1,250 22
1999£53,165 £974 33
1998£51,450 £1,027 20
1997£47,662 £852 20
1996£45,730 £877 13
1995£47,156 £967 17
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,035,0001
2023£1,600,0001
2022£2,095,1721
2021£757,500 £963 4
2020£13,050,270 £2,052 4
2019£6,155,567 £7,318 5
2018£1,696,667 £4,195 3
2017£1,275,875 £2,535 8
2016£6,900,0001
2015£1,140,0001
2013£628,3333
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£746,250 £4,752 4
2022£739,000 £5,465 5
2021£666,583 £5,113 6
2020£804,000 £5,535 4
2019£610,625 £4,200 8
2018£722,000 £5,823 1
2017£594,583 £4,557 6
2016£538,800 £4,058 5
2015£440,222 £3,470 9
2014£495,000 £4,206 3
2013£379,167 £3,441 3
2012£285,500 £2,140 3
2011£572,500 £3,564 5
2010£497,498 £3,279 2
2009£242,500 £2,973 2
2008£437,200 £4,032 5
2007£466,956 £2,717 8
2006£422,714 £2,597 7
2005£415,625 £2,845 4
2004£460,500 £2,381 6
2003£448,750 £3,387 4
2002£267,0004
2001£236,900 £1,431 5
2000£263,167 £1,449 6
1999£193,404 £1,469 6
1998£185,699 £987 5
1997£133,0003
1996£163,583 £826 6
1995£134,699 £931 5

House Type in RM3 8HQ area

The most common house types in the RM3 8HQ postcode area are Terraced (86), Flat (25), and Semi-detached (22).

Total142
Terraced86
Flat25
Semi-detached22
Detached5
Shared house4
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 (50), and Owned: Owns outright (43).

Owned: Owns with a mortgage or loan50
Owned: Owns outright43
Social rented: Rents from council or Local Authority21
Social rented: Other social rented11
Private rented: Private landlord or letting agency11
Shared ownership: Shared ownership4
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the RM3 8HQ have 2 people in household (51), and 1 person in household (44).

2 people in household51
1 person in household44
3 people in household22
4 people in household16
5 people in household4
6 people in household3
7 people in household1
8 or more people in household1
0 people in household0