Housing Market Analysis for RM5 2LE

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average RM5 2LE 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.

    All the Sales in the RM5 2LE

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

    AddressSold DatePrice% Change

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

    RM5 2LE Near By properties

    Interactive Map

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

    • Terraced
      • The average price is around £210,052 median price is £189,250 Standard Deviation is £106,870 with Total Sold: 864
      • The Last 5 Year average price is £365,029 with Total Sold: 136
      • 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 £247,604 median price is £229,995 Standard Deviation is £120,965 with Total Sold: 926
      • The Last 5 Year average price is £414,970 with Total Sold: 173
      • The most recent sale happened at this postcode is , 18 CARTER CLOSE: £470,000 (Sold on 25 Jul 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 £156,897 median price is £148,500 Standard Deviation is £69,959 with Total Sold: 146
      • The Last 5 Year average price is £240,343 with Total Sold: 27
      • 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 , 214 TURPIN AVENUE: £39,000 (Sold on 10 Jan 1997)
    • Detached
      • The average price is around £324,075 median price is £329,500 Standard Deviation is £135,023 with Total Sold: 73
      • The Last 5 Year average price is £464,900 with Total Sold: 10
      • 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 £116,500 median price is £116,500 Standard Deviation is £104,500 with Total Sold: 2
      • 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 , 2 UDALL GARDENS: £221,000 (Sold on 02 Feb 2018)

    Sold Price Trend Over the Years:

    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£386,417 £4,698 12
    2023£366,975 £4,243 20
    2022£397,550 £4,645 20
    2021£365,200 £4,219 45
    2020£347,090 £4,050 11
    2019£338,018 £3,882 28
    2018£337,591 £3,862 35
    2017£353,274 £3,933 31
    2016£325,317 £3,951 30
    2015£277,804 £3,219 36
    2014£255,714 £2,822 28
    2013£188,105 £2,191 19
    2012£185,643 £2,178 21
    2011£194,611 £2,481 18
    2010£208,015 £2,389 16
    2009£180,719 £2,237 16
    2008£222,405 £2,421 21
    2007£199,296 £2,515 42
    2006£187,489 £2,185 49
    2005£193,515 £2,026 33
    2004£182,369 £2,034 23
    2003£165,484 £1,987 48
    2002£135,253 £1,568 40
    2001£114,004 £1,296 37
    2000£102,339 £1,137 41
    1999£82,956 £892 30
    1998£78,616 £863 33
    1997£70,117 £821 34
    1996£63,419 £799 25
    1995£60,454 £691 22
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£415,778 £2,977 9
    2023£440,500 £5,125 25
    2022£439,929 £5,059 28
    2021£424,786 £4,456 49
    2020£399,290 £4,643 27
    2019£374,914 £4,202 35
    2018£369,000 £4,169 30
    2017£366,248 £4,224 31
    2016£380,100 £4,269 35
    2015£308,463 £3,360 27
    2014£262,720 £3,183 34
    2013£238,516 £2,736 27
    2012£235,702 £2,741 23
    2011£226,720 £2,501 27
    2010£227,981 £2,701 27
    2009£197,895 £2,227 19
    2008£271,362 £2,516 35
    2007£245,029 £2,547 50
    2006£209,380 £2,367 41
    2005£205,311 £2,391 28
    2004£198,574 £2,338 51
    2003£182,932 £2,141 34
    2002£152,851 £1,632 34
    2001£122,843 £1,356 32
    2000£124,699 £1,302 28
    1999£97,151 £1,125 33
    1998£87,406 £940 29
    1997£80,299 £857 30
    1996£74,357 £779 21
    1995£68,339 £751 27
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£292,833 £4,214 3
    2022£267,500 £4,199 2
    2021£231,688 £4,396 8
    2020£237,225 £3,776 10
    2019£212,500 £3,316 4
    2018£210,833 £4,158 3
    2017£248,999 £3,969 6
    2016£186,625 £3,109 12
    2015£186,000 £2,839 5
    2014£153,100 £3,496 5
    2013£138,333 £2,405 3
    2012£131,583 £2,768 6
    2011£176,500 £2,891 2
    2010£135,000 £2,928 2
    2009£166,071 £2,438 7
    2008£150,000 £2,419 1
    2007£155,550 £2,780 20
    2006£131,857 £2,356 7
    2005£125,000 £1,689 1
    2004£144,750 £1,887 4
    2003£107,100 £1,607 5
    2002£90,000 £1,373 2
    2001£80,749 £1,088 8
    2000£65,250 £901 4
    1999£73,915 £500 3
    1998£57,600 £729 5
    1997£43,249 £637 8
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£513,750 £5,419 4
    2021£575,000 £2,674 1
    2020£400,000 £4,644 3
    2019£409,500 £3,976 2
    2018£508,750 £3,431 4
    2017£418,000 £4,860 1
    2016£407,500 £3,295 4
    2015£371,500 £3,707 3
    2014£409,375 £3,047 4
    2012£312,500 £2,911 2
    2011£238,667 £3,020 3
    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£151,500 £1,253 2
    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£221,000 £3,250 1

    House Type in RM5 2LE area

    The most common house types in the RM5 2LE postcode area are Semi-detached (73), Detached (43), and Terraced (26).

    Total168
    Semi-detached73
    Detached43
    Terraced26
    Flat26
    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 with a mortgage or loan (68), and Owned: Owns outright (52).

    Owned: Owns with a mortgage or loan68
    Owned: Owns outright52
    Social rented: Rents from council or Local Authority24
    Private rented: Private landlord or letting agency16
    Social rented: Other social rented3
    Private rented: Other private rented2
    Shared ownership: Shared ownership1
    Lives rent free1
    Does not apply0

    Number of People in a Household

    The most houses in the RM5 2LE have 1 person in household (47), and 2 people in household (43).

    1 person in household47
    2 people in household43
    3 people in household30
    4 people in household27
    5 people in household17
    6 people in household5
    0 people in household0
    7 people in household0
    8 or more people in household0