Housing Market Analysis for VERONICA CLOSE, RM3 8JN

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £120,500 median price is £110,000 Standard Deviation is £48,827 with Total Sold: 17
    • The Last 5 Year average price is £193,750 with Total Sold: 4
    • The most recent sale happened at this postcode is 6 VERONICA CLOSE: £205,000 (Sold on 22 Sep 2023)
    • The first recorded sale happened at this postcode is 47 VERONICA CLOSE: £46,500 (Sold on 27 Apr 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average RM3 8JN 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£205,000 £4,271 1
2022£215,000 £5,811 1
2021£170,000 £4,595 1
2019£185,000 £4,205 1
2016£164,000 £3,480 1
2012£97,000 £2,109 1
2010£90,000 £1,552 1
2008£110,0001
2007£111,500 £2,819 2
2006£101,750 £2,077 2
2005£117,000 £2,543 1
2004£102,500 £2,175 1
2002£59,998 £1,179 2
2000£46,500 £949 1

All the Sales in the VERONICA CLOSE, RM3 8JN

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

AddressSold DatePrice% Change
6 VERONICA CLOSEFlat, LeaseholdArea: 48 Sq.mtrAge: 22 Sep 2023£205,000First Sale
5 VERONICA CLOSEFlat, LeaseholdArea: 37 Sq.mtrAge: 20 Dec 2022£215,00026.47%
30 Jun 2021£170,00065.05%
21 Dec 2007£103,000First Sale
40 VERONICA CLOSEFlat, LeaseholdArea: 44 Sq.mtrAge: 11 Mar 2019£185,000First Sale
50 VERONICA CLOSEFlat, LeaseholdArea: 47.12 Sq.mtrAge: 12 Feb 2016£164,00060.00%
22 Oct 2004£102,500First Sale
31 VERONICA CLOSEFlat, LeaseholdArea: 46 Sq.mtrAge: 26 Oct 2012£97,000-19.17%
23 Jul 2007£120,0002.56%
22 Jul 2005£117,000First Sale
18 VERONICA CLOSEFlat, LeaseholdArea: 58 Sq.mtrAge: 16 Apr 2010£90,00038.47%
15 Jul 2002£64,995First Sale
9 VERONICA CLOSEFlat, LeaseholdAge: 03 Mar 2008£110,000100.00%
28 Mar 2002£55,000First Sale
16 VERONICA CLOSEFlat, LeaseholdArea: 49 Sq.mtrAge: 25 Oct 2006£111,000First Sale
47 VERONICA CLOSEFlat, LeaseholdArea: 49 Sq.mtrAge: 26 May 2006£92,50098.92%
27 Apr 2000£46,500First Sale

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

VERONICA CLOSE, RM3 8JN Near By properties

Interactive Map

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

  • Flat
    • The average price is around £139,789 median price is £129,995 Standard Deviation is £72,971 with Total Sold: 471
    • The Last 5 Year average price is £228,884 with Total Sold: 108
    • 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 , 4 DALESTONE MEWS: £38,500 (Sold on 10 Feb 1995)
  • Semi-Detached
    • The average price is around £204,252 median price is £177,500 Standard Deviation is £111,492 with Total Sold: 664
    • The Last 5 Year average price is £368,427 with Total Sold: 110
    • The most recent sale happened at this postcode is , 31 COLERIDGE ROAD: £455,000 (Sold on 28 May 2024)
    • The first recorded sale happened at this postcode is , 29 BYRON WAY: £59,995 (Sold on 13 Jan 1995)
  • Other
    • The average price is around £1,629,186 median price is £792,500 Standard Deviation is £2,963,302 with Total Sold: 26
    • The Last 5 Year average price is £2,361,789 with Total Sold: 15
    • 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 , UNIT I-J THE BUSINESS CENTRE: £375,000 (Sold on 04 Oct 2013)
  • Terraced
    • The average price is around £177,454 median price is £160,000 Standard Deviation is £96,229 with Total Sold: 1,569
    • The Last 5 Year average price is £322,297 with Total Sold: 254
    • The most recent sale happened at this postcode is , 55 ARCHWAY: £340,000 (Sold on 05 Apr 2024)
    • The first recorded sale happened at this postcode is , 16 NEAVE CRESCENT: £50,000 (Sold on 13 Jan 1995)
  • Detached
    • The average price is around £266,781 median price is £250,000 Standard Deviation is £121,466 with Total Sold: 111
    • The Last 5 Year average price is £428,977 with Total Sold: 22
    • The most recent sale happened at this postcode is , 10 COLERIDGE ROAD: £521,000 (Sold on 20 Oct 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£189,0003
2023£224,475 £3,955 20
2022£234,706 £4,235 17
2021£217,600 £3,853 20
2020£259,926 £3,986 27
2019£204,905 £3,860 21
2018£230,125 £3,894 12
2017£208,167 £3,780 21
2016£189,197 £3,402 16
2015£151,205 £2,883 11
2014£147,222 £2,471 18
2013£111,042 £1,979 12
2012£117,875 £2,030 8
2011£125,875 £1,983 6
2010£103,950 £2,051 10
2009£121,250 £1,733 4
2008£128,306 £2,241 16
2007£128,717 £2,535 23
2006£136,834 £2,361 42
2005£121,390 £2,269 16
2004£100,781 £2,051 16
2003£95,261 £1,688 21
2002£71,963 £1,400 14
2001£59,943 £1,261 22
2000£52,660 £965 13
1999£47,570 £892 17
1998£43,500 £994 9
1997£40,818 £757 11
1996£43,686 £814 8
1995£45,141 £944 17
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£395,000 £4,500 5
2023£393,412 £4,951 17
2022£403,250 £5,011 16
2021£374,741 £4,590 27
2020£360,450 £4,505 20
2019£323,400 £3,964 25
2018£366,750 £3,723 14
2017£331,967 £4,062 15
2016£318,543 £3,626 35
2015£279,776 £3,514 29
2014£239,552 £3,065 19
2013£206,617 £2,552 21
2012£219,557 £2,166 10
2011£195,095 £2,282 12
2010£200,892 £2,274 14
2009£168,583 £2,105 12
2008£204,848 £2,402 23
2007£199,118 £2,355 25
2006£199,635 £2,288 24
2005£172,629 £1,981 22
2004£163,216 £2,216 30
2003£153,796 £2,078 37
2002£126,800 £1,449 35
2001£106,327 £1,219 34
2000£97,921 £1,052 28
1999£78,930 £872 25
1998£70,384 £921 30
1997£65,714 £755 25
1996£58,252 £721 20
1995£60,266 £601 15
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,837,0003
2023£410,000 £5,395 1
2022£5,683,0002
2021£1,077,9374
2020£6,075,540 £2,052 2
2019£559,000 £21,667 3
2018£340,000 £5,248 2
2017£635,500 £1,812 4
2016£110,0001
2015£1,140,0001
2013£820,0003
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£385,625 £4,040 4
2023£336,207 £4,196 43
2022£354,170 £4,242 47
2021£315,344 £4,048 64
2020£299,881 £3,535 42
2019£304,463 £3,711 54
2018£290,822 £3,560 63
2017£286,021 £3,581 47
2016£278,860 £3,458 47
2015£240,654 £3,013 52
2014£201,911 £2,424 45
2013£178,155 £2,224 37
2012£159,902 £2,045 41
2011£155,121 £1,921 40
2010£168,900 £1,990 30
2009£152,242 £1,876 31
2008£172,121 £2,071 47
2007£175,839 £2,135 80
2006£174,892 £2,017 94
2005£154,353 £1,877 58
2004£146,543 £1,753 72
2003£135,951 £1,621 72
2002£111,184 £1,270 70
2001£85,429 £1,052 69
2000£74,741 £943 63
1999£63,834 £804 62
1998£64,046 £755 48
1997£55,666 £661 65
1996£48,034 £564 49
1995£50,704 £588 33
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£448,750 £4,458 4
2021£417,812 £5,338 8
2020£382,000 £5,563 5
2019£478,000 £3,995 5
2018£490,000 £5,052 1
2017£359,125 £4,795 4
2016£298,000 £3,641 3
2015£294,600 £3,164 5
2014£280,000 £2,700 3
2013£247,300 £3,479 5
2012£263,571 £3,228 7
2011£198,999 £2,468 4
2010£240,667 £2,753 3
2009£242,498 £2,568 2
2008£264,859 £3,414 5
2007£244,988 £2,225 4
2006£276,875 £2,365 8
2005£268,332 £1,760 3
2004£235,000 £1,599 1
2003£255,000 £2,532 3
2002£188,0001
2001£137,600 £1,298 5
2000£154,998 £1,271 2
1999£125,286 £1,343 7
1998£155,400 £738 5
1997£102,625 £919 4
1996£79,0001
1995£101,165 £941 3

House Type in RM3 8JN area

The most common house types in the RM3 8JN postcode area are Flat (122), Terraced (32), and Semi-detached (9).

Total165
Flat122
Terraced32
Semi-detached9
commercial building1
temporary structure1
Detached0
Shared house0
converted building0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (113), and Owned: Owns with a mortgage or loan (17).

Social rented: Rents from council or Local Authority113
Owned: Owns with a mortgage or loan17
Shared ownership: Shared ownership9
Private rented: Private landlord or letting agency8
Owned: Owns outright7
Social rented: Other social rented6
Lives rent free4
Private rented: Other private rented2
Does not apply0

Number of People in a Household

The most houses in the RM3 8JN have 1 person in household (72), and 2 people in household (37).

1 person in household72
2 people in household37
3 people in household33
4 people in household14
5 people in household3
6 people in household3
7 people in household3
0 people in household0
8 or more people in household0