Housing Market Analysis for CORNELL WAY, RM5 2HN

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

Overview of Sold House prices

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

Terraced
- The average price is around £282,486 median price is £280,000 Standard Deviation is £135,860 with Total Sold: 25
- The Last 5 Year average price is £433,333 with Total Sold: 6
- The most recent sale happened at this postcode is 45 CORNELL WAY: £415,000 (Sold on 23 Jun 2023)
- The first recorded sale happened at this postcode is 8 CORNELL WAY: £82,000 (Sold on 25 Aug 1995)
Semi-Detached
- The average price is around £233,429 median price is £195,000 Standard Deviation is £108,276 with Total Sold: 7
- The Last 5 Year average price is £380,000 with Total Sold: 1
- The most recent sale happened at this postcode is 31 CORNELL WAY: £380,000 (Sold on 30 Apr 2021)
- The first recorded sale happened at this postcode is 27 CORNELL WAY: £82,000 (Sold on 29 Mar 1996)
Detached
- The average price is around £50,000 median price is £50,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 35 CORNELL WAY: £50,000 (Sold on 14 Jul 1997)
- The first recorded sale happened at this postcode is 35 CORNELL WAY: £50,000 (Sold on 14 Jul 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average RM5 2HN 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	£421,500	£4,670	2
2022	£457,000	£5,935	1
2021	£450,000	£3,516	1
2020	£417,500	£4,053	1
2019	£432,500	£3,827	1
2018	£425,000		1
2017	£439,995	£4,037	1
2016	£435,000	£3,508	1
2015	£430,000	£3,233	1
2014	£290,000	£2,250	2
2013	£267,500	£2,521	2
2011	£230,000		1
2006	£230,000		1
2005	£224,500		1
2001	£128,333	£1,330	2
2000	£125,000	£1,190	1
1999	£114,500	£1,092	2
1998	£120,000	£902	2
1995	£82,000	£661	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£380,000	£3,918	1
2017	£375,000	£3,750	1
2015	£285,000	£3,065	1
2003	£192,000	£1,979	1
2002	£195,000		1
2000	£125,000	£1,250	1
1996	£82,000	£845	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
1997	£50,000	£385	1

All the Sales in the CORNELL WAY, RM5 2HN

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

Address	Sold Date	Price	% Change
45 CORNELL WAYTerraced, FreeholdArea: 85 Sq.mtrAge: 1976-1982	23 Jun 2023	£415,000	First Sale
37 CORNELL WAYTerraced, FreeholdArea: 96 Sq.mtrAge: 1976-1982	22 Nov 2023	£428,000	First Sale
43 CORNELL WAYTerraced, FreeholdArea: 77 Sq.mtrAge: 1950-1966	06 Oct 2022	£457,000	381.05%
	30 Sep 1999	£95,000	First Sale
22 CORNELL WAYTerraced, FreeholdArea: 128 Sq.mtrAge: 1967-1975	30 Jun 2021	£450,000	First Sale
31 CORNELL WAYSemi-Detached, FreeholdArea: 97 Sq.mtrAge: 1930-1949	30 Apr 2021	£380,000	First Sale
33 CORNELL WAYTerraced, FreeholdArea: 103 Sq.mtrAge: 1976-1982	14 Aug 2020	£417,500	67.00%
	18 Sep 2013	£250,000	First Sale
14 CORNELL WAYTerraced, FreeholdArea: 113 Sq.mtrAge: 1967-1975	01 Mar 2019	£432,500	First Sale
32 CORNELL WAYTerraced, Freehold	23 Feb 2018	£425,000	84.78%
	04 Dec 2011	£230,000	0.0
	27 Jan 2006	£230,000	First Sale
28 CORNELL WAYTerraced, FreeholdArea: 109 Sq.mtrAge: 1967-1975	03 Jul 2017	£439,995	54.38%
	22 Feb 2013	£285,000	96.55%
	27 Apr 2001	£145,000	First Sale
27 CORNELL WAYSemi-Detached, FreeholdArea: 100 Sq.mtrAge: 1967-1975	29 Jun 2017	£375,000	95.31%
	09 Sep 2003	£192,000	53.60%
	18 Feb 2000	£125,000	52.44%
	29 Mar 1996	£82,000	First Sale
8 CORNELL WAYTerraced, FreeholdArea: 124 Sq.mtrAge: 1950-1966	11 Mar 2016	£435,000	430.49%
	25 Aug 1995	£82,000	First Sale
34 CORNELL WAYTerraced, FreeholdArea: 133 Sq.mtrAge: 1950-1966	11 Dec 2015	£430,000	258.33%
	28 Sep 1998	£120,000	0.0
	14 May 1998	£120,000	First Sale
39 CORNELL WAYSemi-Detached, FreeholdArea: 93 Sq.mtrAge: 1967-1975	07 May 2015	£285,000	First Sale
24 CORNELL WAYTerraced, FreeholdArea: 118 Sq.mtrAge: 1950-1966	27 Jun 2014	£280,000	First Sale
30 CORNELL WAYTerraced, FreeholdArea: 141 Sq.mtrAge: 1950-1966	07 Feb 2014	£300,000	123.88%
	22 Oct 1999	£134,000	First Sale
12 CORNELL WAYTerraced, Freehold	13 Dec 2005	£224,500	First Sale
23 CORNELL WAYSemi-Detached, Freehold	05 Apr 2002	£195,000	First Sale
10 CORNELL WAYTerraced, Freehold	06 Dec 2001	£111,666	First Sale
4 CORNELL WAYTerraced, FreeholdArea: 105 Sq.mtrAge: 1967-1975	24 Aug 2000	£125,000	First Sale
35 CORNELL WAYDetached, FreeholdArea: 130 Sq.mtrAge: 1967-1975	14 Jul 1997	£50,000	First Sale

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

CORNELL WAY, RM5 2HN Near By properties

Interactive Map

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

Terraced
- The average price is around £207,276 median price is £189,748 Standard Deviation is £107,297 with Total Sold: 588
- 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 £244,300 median price is £223,250 Standard Deviation is £121,575 with Total Sold: 1,098
- The Last 5 Year average price is £416,482 with Total Sold: 209
- 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 £265,944 median price is £230,000 Standard Deviation is £128,038 with Total Sold: 30
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
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	£352,295	£3,950	22
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	£198,857	£2,435	14
2010	£214,249	£2,446	10
2009	£188,625	£2,140	8
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	£132,528	£1,611	32
2001	£117,076	£1,412	22
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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£454,286	£4,145	7
2023	£454,516	£5,305	32
2022	£437,443	£4,936	35
2021	£417,362	£4,580	65
2020	£389,828	£4,517	33
2019	£378,838	£4,163	37
2018	£367,828	£4,119	32
2017	£365,629	£4,068	44
2016	£367,371	£4,267	38
2015	£295,987	£3,305	40
2014	£252,813	£2,961	43
2013	£233,167	£2,706	41
2012	£227,706	£2,596	30
2011	£231,458	£2,455	25
2010	£227,396	£2,560	29
2009	£193,286	£2,192	14
2008	£228,526	£2,235	19
2007	£240,049	£3,157	50
2006	£207,741	£2,379	58
2005	£206,670	£2,340	35
2004	£199,039	£2,315	58
2003	£185,954	£2,186	34
2002	£157,377	£1,712	53
2001	£124,546	£1,589	43
2000	£120,862	£1,290	32
1999	£96,087	£1,070	45
1998	£87,806	£966	31
1997	£81,855	£860	38
1996	£71,517	£747	25
1995	£68,389	£758	32

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
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	£434,000	£4,860	2
2016	£367,500	£3,663	2
2015	£282,250	£3,763	2
2014	£400,000	£1,860	1
2013	£123,333		1
2011	£250,000		1
2010	£213,750	£2,223	4
2008	£224,000	£3,027	1
2007	£220,000		1
2005	£209,998		2
2003	£174,250	£2,281	2
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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£112,150	£1,649	2
2017	£930,000	£2,917	2
2015	£1,000		1
2014	£450,000		1

House Type in RM5 2HN area

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

Total	116
Semi-detached	57
Terraced	54
Detached	5
Flat	0
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 outright (55), and Owned: Owns with a mortgage or loan (46).

Owned: Owns outright	55
Owned: Owns with a mortgage or loan	46
Private rented: Private landlord or letting agency	12
Shared ownership: Shared ownership	1
Private rented: Other private rented	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

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

2 people in household	37
1 person in household	23
3 people in household	20
4 people in household	17
5 people in household	12
6 people in household	3
8 or more people in household	3
0 people in household	0
7 people in household	0