Housing Market Analysis for PENNINGTON CLOSE, RM5 2JP

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £178,833 median price is £169,500 Standard Deviation is £71,776 with Total Sold: 6
    • The Last 5 Year average price is £320,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 PENNINGTON CLOSE: £320,000 (Sold on 24 Jan 2020)
    • The first recorded sale happened at this postcode is 8 PENNINGTON CLOSE: £95,000 (Sold on 16 Jun 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average RM5 2JP 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
2020£320,000 £3,810 1
2014£197,0001
2011£159,0001
2006£180,0001
2003£122,0001
2000£95,0001

All the Sales in the PENNINGTON CLOSE, RM5 2JP

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

AddressSold DatePrice% Change
1 PENNINGTON CLOSESemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1950-196624 Jan 2020£320,000First Sale
7 PENNINGTON CLOSESemi-Detached, Freehold31 Jan 2014£197,00023.90%
03 Jun 2011£159,00030.33%
18 Nov 2003£122,000First Sale
8 PENNINGTON CLOSESemi-Detached, Freehold09 Feb 2006£180,00089.47%
16 Jun 2000£95,000First Sale

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

PENNINGTON CLOSE, RM5 2JP Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £210,130 median price is £190,000 Standard Deviation is £108,365 with Total Sold: 690
    • The Last 5 Year average price is £369,062 with Total Sold: 105
    • 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 £249,692 median price is £228,000 Standard Deviation is £121,903 with Total Sold: 903
    • The Last 5 Year average price is £421,934 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)
  • Flat
    • The average price is around £159,272 median price is £152,500 Standard Deviation is £72,026 with Total Sold: 169
    • 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 £319,611 median price is £319,748 Standard Deviation is £134,437 with Total Sold: 70
    • 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 £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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£398,250 £4,238 8
2023£368,719 £4,196 16
2022£406,188 £4,666 16
2021£365,097 £4,168 36
2020£340,889 £4,015 9
2019£347,775 £3,850 20
2018£344,440 £3,866 30
2017£348,904 £3,799 26
2016£331,481 £3,913 26
2015£278,069 £3,098 29
2014£246,250 £2,723 20
2013£187,667 £2,208 15
2012£191,094 £2,230 16
2011£198,769 £2,439 13
2010£215,409 £2,423 11
2009£185,167 £2,172 9
2008£219,281 £2,310 16
2007£200,598 £2,553 35
2006£188,216 £2,107 39
2005£195,252 £1,996 22
2004£182,920 £2,091 19
2003£165,685 £1,963 39
2002£136,031 £1,579 37
2001£116,710 £1,372 27
2000£104,894 £1,157 34
1999£85,206 £916 24
1998£78,961 £855 30
1997£70,349 £833 30
1996£63,999 £786 19
1995£60,000 £674 19
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£463,750 £3,237 8
2023£463,923 £5,278 26
2022£437,759 £4,837 29
2021£424,471 £4,540 52
2020£393,583 £4,479 30
2019£380,268 £4,233 28
2018£357,865 £4,135 26
2017£368,411 £4,097 28
2016£371,606 £4,336 33
2015£299,917 £3,344 30
2014£257,294 £3,155 34
2013£235,203 £2,701 32
2012£236,279 £2,709 22
2011£241,500 £2,541 21
2010£231,016 £2,731 30
2009£194,800 £2,211 15
2008£274,353 £2,544 33
2007£245,180 £2,617 47
2006£210,522 £2,402 49
2005£200,559 £2,341 29
2004£197,426 £2,365 48
2003£183,635 £2,299 31
2002£155,665 £1,662 33
2001£125,338 £1,448 31
2000£126,939 £1,297 25
1999£96,320 £1,163 35
1998£86,820 £935 29
1997£82,896 £876 29
1996£74,219 £779 18
1995£68,080 £760 22
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
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£155,000 £3,132 1
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
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£418,000 £4,860 1
2016£407,500 £3,295 4
2015£371,500 £3,707 3
2014£409,375 £3,047 4
2013£123,3331
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£225,000 £1,047 1
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

House Type in RM5 2JP area

The most common house types in the RM5 2JP postcode area are Terraced (64), Semi-detached (44), and Detached (8).

Total125
Terraced64
Semi-detached44
Detached8
Flat5
temporary structure3
Shared house1
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (39), and Owned: Owns outright (38).

Owned: Owns with a mortgage or loan39
Owned: Owns outright38
Social rented: Rents from council or Local Authority34
Private rented: Private landlord or letting agency14
Private rented: Other private rented2
Shared ownership: Shared ownership1
Does not apply0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the RM5 2JP have 1 person in household (31), and 2 people in household (31).

1 person in household31
2 people in household31
3 people in household27
4 people in household26
5 people in household5
6 people in household3
7 people in household2
0 people in household0
8 or more people in household0