Housing Market Analysis for OATES ROAD, RM5 2HP

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £259,000 median price is £227,000 Standard Deviation is £132,585 with Total Sold: 3
    • The Last 5 Year average price is £435,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 8 OATES ROAD: £435,000 (Sold on 25 Nov 2022)
    • The first recorded sale happened at this postcode is 12 OATES ROAD: £115,000 (Sold on 18 Jul 1997)
  • Terraced
    • The average price is around £297,750 median price is £297,750 Standard Deviation is £80,250 with Total Sold: 2
    • The most recent sale happened at this postcode is 10 OATES ROAD: £378,000 (Sold on 16 Nov 2018)
    • The first recorded sale happened at this postcode is 10 OATES ROAD: £217,500 (Sold on 22 Sep 2009)

Sold Price Trend Over the Years:

Below table and chart gives the average RM5 2HP 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£435,000 £4,579 1
2003£227,000 £2,340 1
1997£115,000 £1,186 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£378,000 £4,200 1
2009£217,500 £2,417 1

All the Sales in the OATES ROAD, RM5 2HP

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

AddressSold DatePrice% Change
8 OATES ROADSemi-Detached, FreeholdArea: 95 Sq.mtrAge: 1950-196625 Nov 2022£435,000First Sale
10 OATES ROADTerraced, FreeholdArea: 90 Sq.mtrAge: 1930-194916 Nov 2018£378,00073.79%
22 Sep 2009£217,500First Sale
12 OATES ROADSemi-Detached, FreeholdArea: 97 Sq.mtrAge: 1967-197531 Oct 2003£227,00097.39%
18 Jul 1997£115,000First Sale

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

OATES ROAD, RM5 2HP Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £209,161 median price is £189,500 Standard Deviation is £107,988 with Total Sold: 658
    • The Last 5 Year average price is £372,026 with Total Sold: 95
    • 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 £250,528 median price is £230,000 Standard Deviation is £122,371 with Total Sold: 1,109
    • The Last 5 Year average price is £420,242 with Total Sold: 214
    • 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 £161,779 median price is £150,000 Standard Deviation is £69,765 with Total Sold: 177
    • The Last 5 Year average price is £234,555 with Total Sold: 32
    • 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 £319,164 median price is £319,748 Standard Deviation is £134,813 with Total Sold: 72
    • The Last 5 Year average price is £459,333 with Total Sold: 9
    • 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 £363,900 median price is £210,000 Standard Deviation is £546,565 with Total Sold: 7
    • 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 , 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£398,250 £4,238 8
2023£377,893 £4,423 14
2022£404,267 £4,727 15
2021£369,348 £4,252 33
2020£342,250 £4,206 8
2019£345,618 £3,966 17
2018£348,150 £3,908 28
2017£349,420 £3,903 25
2016£334,955 £3,971 22
2015£278,069 £3,098 29
2014£248,842 £2,770 19
2013£185,000 £2,231 14
2012£193,033 £2,257 15
2011£198,857 £2,435 14
2010£215,409 £2,423 11
2009£186,150 £2,172 10
2008£217,214 £2,371 14
2007£202,929 £2,639 36
2006£189,998 £2,125 38
2005£194,074 £2,005 21
2004£181,774 £2,055 20
2003£165,182 £1,983 37
2002£136,232 £1,602 35
2001£117,542 £1,399 28
2000£104,606 £1,181 32
1999£86,122 £924 20
1998£78,728 £838 30
1997£70,382 £835 30
1996£64,026 £800 18
1995£58,618 £674 17
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£471,250 £4,145 8
2023£464,091 £5,141 33
2022£437,515 £4,863 34
2021£421,242 £4,552 66
2020£393,804 £4,516 34
2019£378,974 £4,179 39
2018£369,409 £4,129 33
2017£366,346 £4,028 41
2016£369,193 £4,301 42
2015£302,039 £3,392 38
2014£257,704 £3,056 44
2013£234,874 £2,710 41
2012£233,006 £2,653 30
2011£234,337 £2,474 28
2010£229,797 £2,594 32
2009£195,688 £2,183 16
2008£268,369 £2,514 37
2007£242,290 £2,581 55
2006£210,812 £2,416 56
2005£204,032 £2,300 31
2004£200,362 £2,320 56
2003£188,658 £2,246 36
2002£154,417 £1,650 43
2001£126,087 £1,459 40
2000£123,300 £1,289 32
1999£97,156 £1,099 43
1998£88,306 £967 31
1997£82,337 £864 37
1996£72,565 £751 22
1995£68,369 £759 31
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£282,875 £4,110 4
2022£218,333 £3,688 3
2021£235,273 £4,216 11
2020£228,594 £3,709 8
2019£217,083 £3,365 6
2018£208,571 £3,560 7
2017£242,999 £3,781 9
2016£190,731 £3,364 13
2015£238,699 £3,094 5
2014£166,681 £3,237 11
2013£140,000 £2,708 2
2012£134,214 £2,768 7
2011£155,000 £3,132 1
2010£146,929 £2,333 7
2009£166,071 £2,438 7
2008£150,000 £2,419 1
2007£154,312 £2,825 24
2006£134,875 £2,360 8
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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£513,333 £5,385 3
2021£575,000 £2,674 1
2020£400,000 £4,644 3
2019£409,500 £3,976 2
2018£511,667 £3,448 3
2017£434,000 £4,860 2
2016£407,500 £3,295 4
2015£371,500 £3,707 3
2014£409,375 £3,047 4
2013£123,3331
2012£312,500 £2,911 2
2011£235,500 £3,414 2
2010£259,000 £2,355 5
2009£375,0001
2008£355,372 £3,237 8
2007£349,332 £2,398 3
2006£415,000 £2,411 2
2005£256,6653
2004£291,250 £4,907 4
2003£223,375 £2,029 4
2001£191,000 £1,243 2
2000£142,750 £1,094 4
1998£155,000 £1,040 1
1997£100,500 £838 2
1996£100,0001
1995£106,500 £552 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£12,0001
2018£112,150 £1,649 2
2017£930,000 £2,917 2
2015£1,0001
2014£450,0001

House Type in RM5 2HP area

The most common house types in the RM5 2HP postcode area are Terraced (47), Semi-detached (44), and Flat (14).

Total118
Terraced47
Semi-detached44
Flat14
Detached9
Shared house4
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (39), and Owned: Owns with a mortgage or loan (39).

Owned: Owns outright39
Owned: Owns with a mortgage or loan39
Private rented: Private landlord or letting agency21
Social rented: Rents from council or Local Authority15
Private rented: Other private rented3
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0

Number of People in a Household

The most houses in the RM5 2HP have 2 people in household (44), and 3 people in household (25).

2 people in household44
3 people in household25
1 person in household21
4 people in household16
5 people in household7
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0