Housing Market Analysis for RAY ROAD, RM5 2HB

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £242,722 median price is £225,000 Standard Deviation is £84,756 with Total Sold: 9
    • The Last 5 Year average price is £375,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 RAY ROAD: £375,000 (Sold on 30 Jun 2021)
    • The first recorded sale happened at this postcode is 12 RAY ROAD: £140,500 (Sold on 23 Feb 2001)
  • Semi-Detached
    • The average price is around £205,000 median price is £206,500 Standard Deviation is £110,921 with Total Sold: 4
    • The most recent sale happened at this postcode is 5 RAY ROAD: £295,000 (Sold on 28 Aug 2015)
    • The first recorded sale happened at this postcode is 4 RAY ROAD: £74,000 (Sold on 29 Nov 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average RM5 2HB 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
2021£375,000 £4,667 1
2018£405,000 £3,894 1
2010£230,000 £2,862 1
2008£232,0001
2007£217,0001
2005£205,000 £2,253 1
2003£225,000 £2,163 1
2002£155,000 £1,703 1
2001£140,500 £1,351 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£295,000 £3,472 1
2014£333,000 £3,083 1
1999£118,000 £1,093 1
1995£74,0001

All the Sales in the RAY ROAD, RM5 2HB

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

AddressSold DatePrice% Change
2 RAY ROADTerraced, FreeholdArea: 80.36 Sq.mtrAge: 1967-197530 Jun 2021£375,00063.04%
30 Jul 2010£230,000First Sale
12 RAY ROADTerraced, FreeholdArea: 104 Sq.mtrAge: 1950-196617 Aug 2018£405,00080.00%
27 Oct 2003£225,00060.14%
23 Feb 2001£140,500First Sale
5 RAY ROADSemi-Detached, FreeholdArea: 84.96 Sq.mtrAge: 1967-197528 Aug 2015£295,000First Sale
7 RAY ROADSemi-Detached, FreeholdArea: 108 Sq.mtrAge: 1950-196609 Dec 2014£333,000182.20%
21 Jul 1999£118,000First Sale
6 RAY ROADTerraced, Freehold03 Mar 2008£232,000First Sale
20 RAY ROADTerraced, Freehold25 Sep 2007£217,000First Sale
14 RAY ROADTerraced, FreeholdArea: 91 Sq.mtrAge: 1967-197525 Nov 2005£205,00032.26%
22 Jul 2002£155,000First Sale
4 RAY ROADSemi-Detached, Freehold29 Nov 1995£74,000First Sale

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

RAY ROAD, RM5 2HB Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £207,206 median price is £189,500 Standard Deviation is £107,466 with Total Sold: 583
    • The Last 5 Year average price is £371,943 with Total Sold: 79
    • 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 £242,446 median price is £223,000 Standard Deviation is £120,187 with Total Sold: 923
    • The Last 5 Year average price is £412,320 with Total Sold: 173
    • 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)
  • Detached
    • The average price is around £266,660 median price is £235,000 Standard Deviation is £127,247 with Total Sold: 27
    • The Last 5 Year average price is £458,750 with Total Sold: 4
    • The most recent sale happened at this postcode is , 221 CARTER DRIVE: £420,000 (Sold on 26 Sep 2023)
    • The first recorded sale happened at this postcode is , 284 LODGE LANE: £118,000 (Sold on 21 Apr 1995)
  • Flat
    • The average price is around £152,408 median price is £142,000 Standard Deviation is £73,669 with Total Sold: 123
    • The Last 5 Year average price is £227,523 with Total Sold: 22
    • The most recent sale happened at this postcode is , 44 UDALL GARDENS: £281,500 (Sold on 31 May 2023)
    • The first recorded sale happened at this postcode is , 16 LULWORTH DRIVE: £46,000 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £422,550 median price is £215,500 Standard Deviation is £569,600 with Total Sold: 6
    • The most recent sale happened at this postcode is , 2 UDALL GARDENS: £221,000 (Sold on 02 Feb 2018)
    • The first recorded sale happened at this postcode is , PINEWOODS ST JOHNS ROAD: £450,000 (Sold on 16 Dec 2014)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£401,800 £3,833 5
2023£381,708 £4,536 12
2022£408,091 £4,864 11
2021£372,750 £4,381 26
2020£342,250 £4,206 8
2019£345,618 £3,966 17
2018£351,928 £3,961 25
2017£351,452 £3,950 21
2016£338,556 £3,933 18
2015£279,222 £3,114 27
2014£245,722 £2,760 18
2013£193,583 £2,254 12
2012£195,250 £2,321 12
2011£196,385 £2,332 13
2010£214,249 £2,446 10
2009£187,714 £2,140 7
2008£210,500 £2,341 13
2007£203,123 £2,663 36
2006£190,910 £2,125 34
2005£195,752 £2,049 18
2004£181,774 £2,055 20
2003£165,169 £1,997 34
2002£131,867 £1,572 31
2001£116,556 £1,412 21
2000£105,113 £1,181 30
1999£84,894 £916 17
1998£78,601 £838 28
1997£70,110 £843 27
1996£64,026 £800 18
1995£58,179 £670 14
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£425,400 £4,145 5
2023£455,865 £5,436 26
2022£433,750 £4,734 30
2021£411,981 £4,553 52
2020£384,394 £4,557 30
2019£379,483 £4,106 30
2018£362,593 £4,186 27
2017£369,200 £3,955 36
2016£365,453 £4,233 32
2015£296,441 £3,299 34
2014£251,868 £2,908 38
2013£233,252 £2,693 39
2012£228,633 £2,594 24
2011£232,825 £2,437 20
2010£229,875 £2,528 24
2009£189,273 £2,162 11
2008£234,094 £2,252 16
2007£239,415 £3,331 42
2006£208,568 £2,384 44
2005£207,517 £2,336 29
2004£199,183 £2,280 48
2003£182,373 £2,168 28
2002£158,924 £1,719 46
2001£124,192 £1,603 39
2000£120,446 £1,326 26
1999£94,949 £1,094 41
1998£87,683 £966 30
1997£82,827 £869 29
1996£72,608 £724 18
1995£68,972 £795 29
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£420,000 £6,000 1
2021£575,000 £2,674 1
2020£420,000 £5,102 2
2018£400,000 £3,101 1
2017£418,000 £4,860 1
2016£367,500 £3,663 2
2015£282,250 £3,763 2
2014£400,000 £1,860 1
2013£123,3331
2011£250,0001
2010£213,750 £2,223 4
2008£224,000 £3,027 1
2007£220,0001
2005£249,9951
2003£190,000 £2,281 1
2001£191,000 £1,243 2
2000£109,000 £1,473 1
1998£76,000 £894 1
1997£50,000 £385 1
1995£118,000 £549 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£267,250 £3,801 2
2022£182,500 £2,989 2
2021£218,417 £3,960 6
2020£248,833 £3,728 6
2019£217,083 £3,365 6
2018£205,833 £3,281 6
2017£245,999 £3,482 6
2016£193,417 £3,599 6
2015£273,665 £3,100 3
2014£170,713 £3,190 7
2013£120,000 £2,609 1
2012£133,750 £2,888 6
2010£151,700 £2,095 5
2009£167,999 £2,399 5
2008£150,000 £2,419 1
2007£154,582 £3,110 6
2006£129,500 £2,145 6
2005£120,498 £2,023 3
2004£132,400 £1,760 5
2003£111,124 £1,539 4
2002£103,000 £1,442 1
2001£83,499 £1,104 7
2000£66,332 £1,108 3
1999£93,915 £792 3
1998£57,000 £743 5
1997£45,312 £718 8
1996£38,000 £567 1
1995£52,000 £733 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£112,150 £1,649 2
2017£930,000 £2,917 2
2015£1,0001
2014£450,0001

House Type in RM5 2HB area

The most common house types in the RM5 2HB postcode area are Semi-detached (57), Terraced (54), and Detached (5).

Total116
Semi-detached57
Terraced54
Detached5
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (55), and Owned: Owns with a mortgage or loan (46).

Owned: Owns outright55
Owned: Owns with a mortgage or loan46
Private rented: Private landlord or letting agency12
Shared ownership: Shared ownership1
Private rented: Other private rented1
Does not apply0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the RM5 2HB have 2 people in household (37), and 1 person in household (23).

2 people in household37
1 person in household23
3 people in household20
4 people in household17
5 people in household12
6 people in household3
8 or more people in household3
0 people in household0
7 people in household0