Housing Market Analysis for MELKSHAM DRIVE, RM3 8QU

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £160,107 median price is £135,000 Standard Deviation is £106,646 with Total Sold: 15
    • The Last 5 Year average price is £401,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 8 MELKSHAM DRIVE: £345,000 (Sold on 27 Jul 2023)
    • The first recorded sale happened at this postcode is 3 MELKSHAM DRIVE: £58,000 (Sold on 20 Dec 1996)
  • Semi-Detached
    • The average price is around £129,667 median price is £90,000 Standard Deviation is £58,948 with Total Sold: 3
    • The most recent sale happened at this postcode is 9 MELKSHAM DRIVE: £213,000 (Sold on 09 Dec 2013)
    • The first recorded sale happened at this postcode is 20 MELKSHAM DRIVE: £86,000 (Sold on 28 Jul 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average RM3 8QU 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£345,000 £5,149 1
2022£458,000 £5,326 1
2013£219,000 £2,489 1
2011£161,750 £2,186 2
2006£160,500 £2,077 2
2003£135,0001
2002£120,000 £1,576 2
2001£80,0001
2000£79,000 £1,028 2
1997£64,100 £745 1
1996£58,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£213,000 £2,219 1
1998£90,0001
1997£86,0001

All the Sales in the MELKSHAM DRIVE, RM3 8QU

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

AddressSold DatePrice% Change
8 MELKSHAM DRIVETerraced, FreeholdArea: 67 Sq.mtrAge: 1930-194927 Jul 2023£345,000142.96%
15 Sep 2006£142,000First Sale
7 MELKSHAM DRIVETerraced, FreeholdArea: 86 Sq.mtrAge: 1950-196602 Nov 2022£458,000614.51%
27 Mar 1997£64,100First Sale
9 MELKSHAM DRIVESemi-Detached, FreeholdArea: 96 Sq.mtrAge: 1950-196609 Dec 2013£213,000First Sale
11 MELKSHAM DRIVETerraced, FreeholdArea: 88 Sq.mtrAge: 1930-194926 Apr 2013£219,00022.35%
03 Mar 2006£179,00058.41%
31 Jan 2002£113,00041.25%
09 Mar 2000£80,000First Sale
16 MELKSHAM DRIVETerraced, FreeholdArea: 82.59 Sq.mtrAge: 1930-194907 Dec 2011£148,500First Sale
10 MELKSHAM DRIVETerraced, FreeholdArea: 68 Sq.mtrAge: 1950-196621 Apr 2011£175,00037.80%
09 Sep 2002£127,00062.82%
26 Jun 2000£78,000First Sale
4 MELKSHAM DRIVETerraced, Freehold16 Dec 2003£135,00068.75%
26 Jul 2001£80,000First Sale
22 MELKSHAM DRIVESemi-Detached, Freehold17 Jul 1998£90,000First Sale
20 MELKSHAM DRIVESemi-Detached, Freehold28 Jul 1997£86,000First Sale
3 MELKSHAM DRIVETerraced, Freehold20 Dec 1996£58,000First Sale

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

MELKSHAM DRIVE, RM3 8QU Near By properties

Interactive Map

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

  • Flat
    • The average price is around £182,974 median price is £165,000 Standard Deviation is £107,710 with Total Sold: 459
    • The Last 5 Year average price is £258,404 with Total Sold: 79
    • The most recent sale happened at this postcode is FLAT 11, FREESIA LODGE, 1A ST CLEMENTS AVENUE: £280,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is 4, WALLINGFORD HOUSE KINGSBRIDGE ROAD: £31,000 (Sold on 23 Jan 1995)
  • Terraced
    • The average price is around £230,532 median price is £201,500 Standard Deviation is £126,573 with Total Sold: 904
    • The Last 5 Year average price is £405,088 with Total Sold: 167
    • The most recent sale happened at this postcode is , 92 CAMBORNE AVENUE: £400,000 (Sold on 13 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 £244,206 median price is £213,500 Standard Deviation is £143,144 with Total Sold: 1,062
    • The Last 5 Year average price is £438,580 with Total Sold: 170
    • The most recent sale happened at this postcode is , 14 RETFORD ROAD: £505,000 (Sold on 19 Aug 2024)
    • The first recorded sale happened at this postcode is , 15 ST NEOTS ROAD: £54,000 (Sold on 13 Jan 1995)
  • Other
    • The average price is around £1,507,681 median price is £570,000 Standard Deviation is £2,953,216 with Total Sold: 31
    • The Last 5 Year average price is £486,670 with Total Sold: 14
    • The most recent sale happened at this postcode is FLAT 6, 146 CHURCH ROAD: £142,500 (Sold on 08 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 £307,660 median price is £290,000 Standard Deviation is £140,935 with Total Sold: 109
    • The Last 5 Year average price is £521,571 with Total Sold: 14
    • The most recent sale happened at this postcode is , 87A ARLINGTON GARDENS: £720,000 (Sold on 30 Oct 2023)
    • The first recorded sale happened at this postcode is , 18 AVENUE ROAD: £147,500 (Sold on 13 Apr 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£238,7504
2023£285,353 £5,023 17
2022£227,308 £4,740 13
2021£223,417 £4,397 12
2020£228,455 £4,083 11
2019£293,586 £4,729 22
2018£350,658 £5,165 60
2017£244,773 £4,516 11
2016£221,526 £3,835 19
2015£181,757 £3,369 14
2014£160,286 £2,941 14
2013£181,518 £3,101 28
2012£146,250 £2,609 10
2011£152,143 £2,652 7
2010£140,625 £2,600 4
2009£139,000 £2,575 8
2008£163,846 £2,810 13
2007£145,394 £2,624 26
2006£118,615 £2,269 26
2005£120,454 £2,019 12
2004£139,957 £2,527 29
2003£110,624 £2,019 16
2002£97,999 £1,401 8
2001£98,569 £1,463 15
2000£56,979 £1,180 12
1999£58,666 £976 12
1998£50,624 £920 10
1997£43,699 £844 13
1996£43,310 £684 5
1995£43,438 £712 8
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£437,455 £4,464 11
2023£472,000 £4,947 26
2022£421,078 £4,798 29
2021£394,875 £4,737 40
2020£365,917 £4,249 24
2019£372,365 £4,294 37
2018£384,505 £4,253 22
2017£324,929 £4,157 21
2016£315,810 £3,874 29
2015£301,158 £3,345 38
2014£266,109 £2,788 53
2013£291,803 £2,656 36
2012£199,280 £2,295 25
2011£178,310 £2,140 24
2010£208,842 £2,659 19
2009£167,925 £1,899 14
2008£203,899 £2,582 20
2007£209,470 £2,356 50
2006£193,658 £2,268 41
2005£176,513 £1,994 37
2004£171,657 £2,170 35
2003£159,051 £1,981 33
2002£134,215 £1,611 47
2001£134,793 £1,479 43
2000£115,178 £1,297 42
1999£80,088 £931 34
1998£73,622 £921 16
1997£64,648 £722 26
1996£59,322 £696 20
1995£57,337 £696 12
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£428,3758
2023£461,344 £5,319 25
2022£498,258 £5,146 33
2021£430,658 £4,708 40
2020£420,396 £4,475 31
2019£390,818 £4,334 33
2018£413,404 £4,235 26
2017£407,343 £4,288 27
2016£355,801 £4,051 30
2015£310,526 £3,494 33
2014£375,063 £3,164 52
2013£286,282 £2,744 37
2012£230,019 £2,542 26
2011£230,906 £2,507 24
2010£230,145 £2,618 31
2009£220,286 £2,332 27
2008£251,136 £2,541 22
2007£226,947 £2,487 49
2006£204,432 £2,280 60
2005£199,014 £2,229 38
2004£210,258 £2,303 31
2003£183,532 £1,929 48
2002£143,135 £1,639 39
2001£139,936 £1,595 63
2000£130,370 £1,424 50
1999£97,833 £1,080 42
1998£89,787 £1,011 25
1997£74,815 £779 41
1996£77,066 £738 34
1995£71,905 £846 37
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£142,5001
2023£457,000 £4,193 1
2022£451,667 £4,390 3
2021£622,500 £3,797 4
2020£371,5002
2019£541,959 £7,967 3
2018£3,805,0005
2017£2,533,750 £3,093 4
2015£1,170,3333
2014£2,775,0002
2013£587,5002
2007£528,7501
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£620,000 £5,538 3
2022£567,500 £6,596 2
2021£448,400 £4,157 5
2020£427,500 £4,603 2
2019£605,000 £4,811 2
2018£503,750 £4,184 4
2017£411,500 £4,958 2
2015£280,000 £3,500 1
2014£409,319 £3,134 5
2013£420,000 £3,410 2
2012£304,167 £3,352 3
2011£280,000 £2,690 5
2010£356,833 £2,971 3
2009£251,250 £2,530 2
2008£287,500 £3,014 2
2007£343,500 £3,658 3
2006£290,000 £2,269 3
2005£248,0001
2004£310,748 £2,486 6
2003£237,591 £2,172 2
2002£308,571 £1,901 7
2001£242,667 £2,069 19
2000£205,749 £1,834 18
1999£123,167 £1,227 3
1997£113,500 £1,245 2
1996£61,500 £823 1
1995£147,5001

House Type in RM3 8QU area

The most common house types in the RM3 8QU postcode area are Semi-detached (73), Terraced (28), and Detached (5).

Total107
Semi-detached73
Terraced28
Detached5
Shared house1
Flat0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (47), and Owned: Owns with a mortgage or loan (31).

Owned: Owns outright47
Owned: Owns with a mortgage or loan31
Private rented: Private landlord or letting agency14
Social rented: Rents from council or Local Authority10
Social rented: Other social rented3
Shared ownership: Shared ownership1
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the RM3 8QU have 2 people in household (36), and 1 person in household (26).

2 people in household36
1 person in household26
4 people in household25
3 people in household15
5 people in household3
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0