Housing Market Analysis for LODGE LANE, RM5 2EU

Are you looking to understand RM5 2EU 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 RM5 2EU area, explore the RM5 2EU Area information page.
For comprehensive crime statistics in the RM5 2EU area, explore the RM5 2EU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the RM5 2EU postcode area, The average prices are as follows,

Terraced
- The average price is around £214,921 median price is £205,000 Standard Deviation is £111,515 with Total Sold: 19
- The Last 5 Year average price is £419,167 with Total Sold: 3
- The most recent sale happened at this postcode is 263 LODGE LANE: £417,500 (Sold on 09 May 2023)
- The first recorded sale happened at this postcode is 234 LODGE LANE: £62,000 (Sold on 03 May 1996)
Semi-Detached
- The average price is around £216,749 median price is £194,998 Standard Deviation is £121,930 with Total Sold: 16
- The Last 5 Year average price is £520,000 with Total Sold: 2
- The most recent sale happened at this postcode is 244 LODGE LANE: £510,000 (Sold on 12 Nov 2021)
- The first recorded sale happened at this postcode is 252 LODGE LANE: £530,000 (Sold on 02 Oct 2023)
Detached
- The average price is around £249,995 median price is £249,995 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 226 LODGE LANE: £249,995 (Sold on 29 Mar 2005)
- The first recorded sale happened at this postcode is 226 LODGE LANE: £249,995 (Sold on 29 Mar 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average RM5 2EU 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£417,500	£5,154	1
2021	£410,000	£5,467	1
2019	£430,000	£5,535	1
2017	£286,000	£3,531	1
2016	£330,000	£4,453	1
2015	£250,000	£3,289	1
2012	£205,000	£2,476	1
2011	£215,000	£2,901	1
2008	£220,000	£2,481	1
2007	£213,000	£2,840	1
2004	£185,000		1
2003	£168,000	£1,951	2
2002	£124,998	£1,410	2
2001	£110,000		1
1999	£85,000		1
1998	£79,000	£1,053	1
1996	£62,000	£827	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£510,000	£3,723	1
2014	£248,000	£2,894	1
2013	£221,000	£2,579	1
2008	£207,000	£1,448	1
2007	£210,000		1
2006	£203,500	£2,375	1
2004	£194,998	£2,699	2
2003	£176,000	£1,285	2
2002	£123,500		1
2001	£110,750	£715	2
2000	£125,748	£1,619	2
2023	£530,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2005	£249,995		1

All the Sales in the LODGE LANE, RM5 2EU

See the table below for more details on the sold house prices in the RM5 2EU, Havering postcode.

Address	Sold Date	Price	% Change
263 LODGE LANETerraced, FreeholdArea: 81 Sq.mtrAge: 1930-1949	09 May 2023	£417,500	45.98%
	03 Mar 2017	£286,000	First Sale
244 LODGE LANESemi-Detached, FreeholdArea: 137 Sq.mtrAge: 1976-1982	12 Nov 2021	£510,000	189.77%
	23 Oct 2003	£176,000	79.59%
	10 Jan 2001	£98,000	First Sale
234 LODGE LANETerraced, FreeholdArea: 75 Sq.mtrAge: 1950-1966	11 Nov 2021	£410,000	92.49%
	15 Jun 2007	£213,000	169.62%
	08 May 1998	£79,000	27.42%
	03 May 1996	£62,000	First Sale
224 LODGE LANETerraced, FreeholdArea: 77.69 Sq.mtrAge: 1950-1966	06 Sep 2019	£430,000	First Sale
248 LODGE LANETerraced, FreeholdArea: 74.1 Sq.mtrAge: 1967-1975	29 Mar 2016	£330,000	53.49%
	18 Nov 2011	£215,000	7.50%
	30 Jul 2004	£200,000	66.67%
	05 May 2000	£119,995	First Sale
273 LODGE LANETerraced, FreeholdArea: 76 Sq.mtrAge: 1950-1966	19 Mar 2015	£250,000	First Sale
258 LODGE LANESemi-Detached, FreeholdArea: 85.7 Sq.mtrAge: 1976-1982	17 Jan 2014	£248,000	12.22%
	07 Jun 2013	£221,000	8.60%
	03 Feb 2006	£203,500	First Sale
218 LODGE LANETerraced, FreeholdArea: 82.8 Sq.mtrAge: 1950-1966	31 May 2012	£205,000	First Sale
252 LODGE LANESemi-Detached, FreeholdArea: 143 Sq.mtrAge: 1967-1975	22 Aug 2008	£207,000	-60.94%
	02 Oct 2023	£530,000	First Sale
254 LODGE LANETerraced, FreeholdArea: 88.68 Sq.mtrAge: 1976-1982	27 Jun 2008	£220,000	27.17%
	29 Aug 2003	£173,000	38.40%
	18 Mar 2002	£125,000	First Sale
232 LODGE LANESemi-Detached, Freehold	27 Sep 2007	£210,000	First Sale
226 LODGE LANEDetached, Freehold	29 Mar 2005	£249,995	First Sale
230 LODGE LANESemi-Detached, Freehold	25 Aug 2004	£189,995	7.95%
230 LODGE LANESemi-Detached, Freehold	30 Apr 2003	£176,000	First Sale
240 LODGE LANETerraced, Freehold	16 Jan 2004	£185,000	68.18%
240 LODGE LANETerraced, Freehold	16 Feb 2001	£110,000	First Sale
220 LODGE LANETerraced, Freehold	23 Jul 2003	£163,000	30.41%
	05 Apr 2002	£124,995	47.05%
	13 Dec 1999	£85,000	First Sale
242 LODGE LANESemi-Detached, Freehold	31 Jan 2002	£123,500	0.0
242 LODGE LANESemi-Detached, Freehold	31 Jan 2001	£123,500	First Sale
222 LODGE LANESemi-Detached, Freehold	30 Jun 2000	£131,500	First Sale

Check out the sold house prices near the RM5 2EU postcode. Properties currently for saleProperties currently for rent

LODGE LANE, RM5 2EU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the RM5 2EU 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 RM5 2EU postcode.

Terraced
- The average price is around £210,857 median price is £190,000 Standard Deviation is £107,610 with Total Sold: 716
- The Last 5 Year average price is £368,752 with Total Sold: 107
- The most recent sale happened at this postcode is , 24 FRY CLOSE: £420,000 (Sold on 20 Sep 2024)
- The first recorded sale happened at this postcode is , 77 LARCHWOOD AVENUE: £79,000 (Sold on 28 Feb 1995)
Semi-Detached
- The average price is around £251,260 median price is £230,000 Standard Deviation is £122,066 with Total Sold: 1,089
- The Last 5 Year average price is £420,727 with Total Sold: 206
- The most recent sale happened at this postcode is , 293 CARTER DRIVE: £635,000 (Sold on 02 Sep 2024)
- The first recorded sale happened at this postcode is , 119 CARTER DRIVE: £56,000 (Sold on 06 Jan 1995)
Flat
- The average price is around £159,500 median price is £152,750 Standard Deviation is £71,875 with Total Sold: 170
- The Last 5 Year average price is £236,411 with Total Sold: 31
- The most recent sale happened at this postcode is FLAT 23, FERN COURT, 106 LODGE LANE: £322,000 (Sold on 15 Dec 2023)
- The first recorded sale happened at this postcode is , 16 LULWORTH DRIVE: £46,000 (Sold on 06 Jan 1995)
Detached
- The average price is around £321,362 median price is £319,748 Standard Deviation is £136,096 with Total Sold: 74
- The Last 5 Year average price is £464,900 with Total Sold: 10
- The most recent sale happened at this postcode is , 10 LITTEN CLOSE: £440,000 (Sold on 28 Nov 2023)
- The first recorded sale happened at this postcode is , 138 LODGE LANE: £95,000 (Sold on 05 Apr 1995)
Other
- The average price is around £78,767 median price is £12,000 Standard Deviation is £100,637 with Total Sold: 3
- The Last 5 Year average price is £12,000 with Total Sold: 1
- The most recent sale happened at this postcode is PARKING SPACE 20, FERN COURT LODGE LANE: £12,000 (Sold on 16 Aug 2019)
- The first recorded sale happened at this postcode is , 27 SILVERMERE AVENUE: £3,300 (Sold on 02 Feb 2018)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£398,250	£4,238	8
2023	£368,719	£4,196	16
2022	£406,188	£4,666	16
2021	£366,311	£4,157	37
2020	£340,889	£4,015	9
2019	£345,262	£3,821	21
2018	£340,779	£3,804	33
2017	£350,411	£3,819	28
2016	£331,611	£3,960	27
2015	£278,069	£3,098	29
2014	£246,428	£2,700	21
2013	£187,094	£2,191	16
2012	£188,971	£2,205	17
2011	£196,143	£2,397	14
2010	£211,312	£2,434	12
2009	£186,045	£2,249	11
2008	£216,971	£2,292	17
2007	£201,917	£2,565	37
2006	£189,136	£2,127	40
2005	£194,285	£1,963	23
2004	£184,452	£2,107	21
2003	£166,793	£1,965	40
2002	£136,747	£1,574	39
2001	£116,710	£1,372	27
2000	£104,894	£1,157	34
1999	£84,338	£903	25
1998	£78,961	£855	30
1997	£70,349	£833	30
1996	£63,999	£786	19
1995	£60,000	£674	19

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£464,444	£3,237	9
2023	£463,414	£5,289	29
2022	£440,469	£4,891	32
2021	£422,662	£4,528	65
2020	£392,951	£4,506	34
2019	£381,689	£4,218	37
2018	£369,458	£4,222	36
2017	£370,330	£4,122	40
2016	£376,837	£4,302	43
2015	£300,439	£3,329	33
2014	£261,895	£3,164	43
2013	£235,573	£2,720	34
2012	£235,612	£2,698	28
2011	£235,481	£2,526	29
2010	£228,453	£2,695	32
2009	£200,600	£2,237	20
2008	£268,977	£2,496	37
2007	£244,101	£2,589	54
2006	£211,201	£2,416	55
2005	£204,005	£2,357	36
2004	£197,436	£2,372	58
2003	£186,437	£2,231	37
2002	£155,203	£1,684	44
2001	£124,902	£1,437	36
2000	£126,103	£1,318	30
1999	£97,469	£1,159	41
1998	£87,203	£947	31
1997	£81,742	£871	35
1996	£73,128	£743	23
1995	£68,095	£771	28

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£292,833	£4,214	3
2022	£267,500	£4,199	2
2021	£234,600	£4,221	10
2020	£227,083	£3,659	9
2019	£217,929	£3,303	7
2018	£217,125	£3,999	4
2017	£242,999	£3,781	9
2016	£190,346	£3,139	13
2015	£219,428	£2,918	7
2014	£170,429	£3,425	7
2013	£138,333	£2,405	3
2012	£131,583	£2,768	6
2011	£176,500	£2,891	2
2010	£158,000	£2,603	4
2009	£166,071	£2,438	7
2008	£150,000	£2,419	1
2007	£155,905	£2,762	21
2006	£135,375	£2,352	8
2005	£125,000	£1,689	1
2004	£139,500	£1,858	5
2003	£107,100	£1,607	5
2002	£90,000	£1,373	2
2001	£80,749	£1,088	8
2000	£65,250	£901	4
1999	£81,436	£715	4
1998	£55,500	£720	6
1997	£45,388	£674	9
1995	£52,000	£733	3

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£513,750	£5,419	4
2021	£575,000	£2,674	1
2020	£400,000	£4,644	3
2019	£409,500	£3,976	2
2018	£508,750	£3,431	4
2017	£418,000	£4,860	1
2016	£407,500	£3,295	4
2015	£371,500	£3,707	3
2014	£409,375	£3,047	4
2013	£123,333		1
2012	£312,500	£2,911	2
2011	£238,667	£3,020	3
2010	£259,000	£2,355	5
2009	£375,000		1
2008	£355,372	£3,237	8
2007	£349,332	£2,398	3
2006	£415,000	£2,411	2
2005	£256,665		3
2004	£291,250	£4,907	4
2003	£223,375	£2,029	4
2001	£225,000	£1,047	1
2000	£142,750	£1,094	4
1998	£151,500	£1,253	2
1997	£100,500	£838	2
1996	£100,000		1
1995	£106,500	£552	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£12,000		1
2018	£112,150	£1,649	2

House Type in RM5 2EU area

The most common house types in the RM5 2EU postcode area are Semi-detached (73), Detached (43), and Terraced (26).

Total	168
Semi-detached	73
Detached	43
Terraced	26
Flat	26
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (68), and Owned: Owns outright (52).

Owned: Owns with a mortgage or loan	68
Owned: Owns outright	52
Social rented: Rents from council or Local Authority	24
Private rented: Private landlord or letting agency	16
Social rented: Other social rented	3
Private rented: Other private rented	2
Shared ownership: Shared ownership	1
Lives rent free	1
Does not apply	0

Number of People in a Household

The most houses in the RM5 2EU have 1 person in household (47), and 2 people in household (43).

1 person in household	47
2 people in household	43
3 people in household	30
4 people in household	27
5 people in household	17
6 people in household	5
0 people in household	0
7 people in household	0
8 or more people in household	0