Housing Market Analysis for CORNELL WAY, RM5 2HW

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £220,812 median price is £203,000 Standard Deviation is £91,216 with Total Sold: 8
    • The most recent sale happened at this postcode is 61 CORNELL WAY: £392,500 (Sold on 01 Dec 2017)
    • The first recorded sale happened at this postcode is 57 CORNELL WAY: £96,995 (Sold on 31 May 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average RM5 2HW 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
2017£392,500 £4,361 1
2016£320,000 £3,048 1
2014£249,000 £3,773 1
2012£206,000 £3,121 1
2011£170,000 £2,361 1
2009£200,000 £1,905 1
2002£132,000 £2,000 1
2000£96,995 £924 1

All the Sales in the CORNELL WAY, RM5 2HW

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

AddressSold DatePrice% Change
61 CORNELL WAYTerraced, FreeholdArea: 90 Sq.mtrAge: 1967-197501 Dec 2017£392,500First Sale
57 CORNELL WAYTerraced, FreeholdArea: 105 Sq.mtrAge: 1967-197510 Feb 2016£320,00060.00%
17 Jun 2009£200,000106.20%
31 May 2000£96,995First Sale
55 CORNELL WAYTerraced, FreeholdArea: 66 Sq.mtrAge: 1967-197523 Jul 2014£249,00020.87%
30 Nov 2012£206,00056.06%
01 Nov 2002£132,000First Sale
53 CORNELL WAYTerraced, FreeholdArea: 72 Sq.mtrAge: 1950-196627 Jun 2011£170,000First Sale

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

CORNELL WAY, RM5 2HW Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £207,106 median price is £190,000 Standard Deviation is £106,894 with Total Sold: 593
    • 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 £242,006 median price is £220,000 Standard Deviation is £120,264 with Total Sold: 1,127
    • The Last 5 Year average price is £411,002 with Total Sold: 211
    • 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 £273,208 median price is £237,500 Standard Deviation is £129,503 with Total Sold: 28
    • 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£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£198,600 £2,408 15
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£191,512 £2,125 35
2005£195,713 £2,048 19
2004£182,833 £2,055 21
2003£165,169 £1,997 34
2002£132,435 £1,611 33
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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£425,400 £4,145 5
2023£452,797 £5,308 32
2022£435,375 £4,925 36
2021£408,739 £4,590 67
2020£385,965 £4,542 33
2019£376,553 £4,159 38
2018£361,829 £4,059 38
2017£367,371 £3,974 45
2016£363,783 £4,238 41
2015£295,200 £3,293 40
2014£252,348 £2,948 43
2013£233,167 £2,706 41
2012£225,206 £2,562 29
2011£227,313 £2,411 27
2010£227,592 £2,534 27
2009£193,286 £2,192 14
2008£227,875 £2,303 22
2007£237,623 £3,156 48
2006£207,698 £2,359 58
2005£207,141 £2,308 35
2004£199,504 £2,316 58
2003£185,803 £2,147 36
2002£155,464 £1,713 56
2001£124,643 £1,597 45
2000£117,774 £1,308 35
1999£96,781 £1,075 46
1998£87,718 £964 32
1997£81,910 £856 39
1996£70,775 £759 27
1995£67,894 £744 34
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£434,000 £4,860 2
2016£367,500 £3,663 2
2015£282,250 £3,763 2
2014£400,000 £1,860 1
2013£123,3331
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 2HW area

The most common house types in the RM5 2HW 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 2HW 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