Housing Market Analysis for SHEILA CLOSE, RM5 2PA

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £239,333 median price is £220,000 Standard Deviation is £121,105 with Total Sold: 27
- The Last 5 Year average price is £401,833 with Total Sold: 3
- The most recent sale happened at this postcode is 5 SHEILA CLOSE: £432,000 (Sold on 28 Jun 2021)
- The first recorded sale happened at this postcode is 21 SHEILA CLOSE: £55,000 (Sold on 13 Nov 1995)
Terraced
- The average price is around £170,000 median price is £170,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 14 SHEILA CLOSE: £170,000 (Sold on 19 Dec 2002)
- The first recorded sale happened at this postcode is 14 SHEILA CLOSE: £170,000 (Sold on 19 Dec 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average RM5 2PA 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£401,833	£4,688	3
2018	£365,000	£5,191	1
2017	£470,000	£5,341	1
2016	£402,500	£4,358	2
2015	£365,000	£2,897	1
2012	£260,000	£2,941	1
2011	£235,000	£2,855	1
2009	£222,500	£2,382	2
2008	£245,500	£2,071	2
2007	£220,000	£2,672	1
2005	£203,750	£2,583	2
2004	£136,500		2
2002	£190,000	£2,065	2
2001	£115,000		1
2000	£129,995	£1,579	1
1999	£86,000	£977	1
1998	£87,000	£1,176	1
1997	£67,000	£761	1
1995	£55,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2002	£170,000		1

All the Sales in the SHEILA CLOSE, RM5 2PA

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

Address	Sold Date	Price	% Change
5 SHEILA CLOSESemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1930-1949	28 Jun 2021	£432,000	96.36%
	06 Jan 2005	£220,000	228.36%
	31 Oct 1997	£67,000	First Sale
8 SHEILA CLOSESemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1930-1949	11 Mar 2021	£370,000	First Sale
4 SHEILA CLOSESemi-Detached, FreeholdArea: 82.32 Sq.mtrAge: 1930-1949	05 Feb 2021	£403,500	71.70%
	01 Jun 2011	£235,000	6.82%
	28 Feb 2007	£220,000	29.41%
	30 May 2002	£170,000	30.77%
	03 Jul 2000	£129,995	First Sale
2 SHEILA CLOSESemi-Detached, FreeholdArea: 70.32 Sq.mtrAge: 1930-1949	07 Jun 2018	£365,000	82.50%
	26 Jun 2009	£200,000	6.67%
	27 May 2005	£187,500	First Sale
10 SHEILA CLOSESemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1930-1949	16 Jun 2017	£470,000	446.51%
	06 Aug 1999	£86,000	First Sale
17 SHEILA CLOSESemi-Detached, FreeholdArea: 115 Sq.mtrAge: 1930-1949	24 Mar 2016	£405,000	First Sale
19 SHEILA CLOSESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1900-1929	19 Feb 2016	£400,000	First Sale
1 SHEILA CLOSESemi-Detached, FreeholdArea: 126 Sq.mtrAge: 1930-1949	18 Dec 2015	£365,000	39.85%
	04 Apr 2008	£261,000	First Sale
15 SHEILA CLOSESemi-Detached, FreeholdArea: 88.41 Sq.mtrAge: 1930-1949	19 Mar 2012	£260,000	First Sale
12 SHEILA CLOSESemi-Detached, FreeholdArea: 127.6 Sq.mtrAge: 1930-1949	19 Oct 2009	£245,000	First Sale
6 SHEILA CLOSESemi-Detached, Freehold	29 May 2008	£230,000	First Sale
20 SHEILA CLOSESemi-Detached, Freehold	03 Aug 2004	£192,000	137.04%
20 SHEILA CLOSESemi-Detached, Freehold	13 Feb 2004	£81,000	First Sale
14 SHEILA CLOSETerraced, Freehold	19 Dec 2002	£170,000	First Sale
18 SHEILA CLOSESemi-Detached, Freehold	12 Sep 2002	£210,000	First Sale
11 SHEILA CLOSESemi-Detached, Freehold	26 Mar 2001	£115,000	First Sale
7 SHEILA CLOSESemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1930-1949	25 Sep 1998	£87,000	First Sale
21 SHEILA CLOSESemi-Detached, Freehold	13 Nov 1995	£55,000	First Sale

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

SHEILA CLOSE, RM5 2PA Near By properties

Interactive Map

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

Terraced
- The average price is around £211,369 median price is £190,000 Standard Deviation is £111,463 with Total Sold: 1,112
- The Last 5 Year average price is £372,795 with Total Sold: 178
- 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 , 11 RAMSDEN DRIVE: £66,000 (Sold on 31 Jan 1995)
Flat
- The average price is around £153,006 median price is £150,000 Standard Deviation is £69,999 with Total Sold: 327
- The Last 5 Year average price is £224,130 with Total Sold: 52
- The most recent sale happened at this postcode is , 28 REPULSE CLOSE: £155,000 (Sold on 31 Jul 2024)
- The first recorded sale happened at this postcode is , 308A COLLIER ROW LANE: £22,000 (Sold on 26 Oct 1995)
Semi-Detached
- The average price is around £251,061 median price is £230,000 Standard Deviation is £122,939 with Total Sold: 1,402
- The Last 5 Year average price is £421,302 with Total Sold: 266
- 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)
Detached
- The average price is around £337,256 median price is £350,000 Standard Deviation is £153,678 with Total Sold: 111
- The Last 5 Year average price is £532,900 with Total Sold: 15
- 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 £300,686 median price is £252,498 Standard Deviation is £402,761 with Total Sold: 30
- The Last 5 Year average price is £244,389 with Total Sold: 18
- The most recent sale happened at this postcode is , 19 CLOCKHOUSE LANE: £465,000 (Sold on 15 Feb 2023)
- The first recorded sale happened at this postcode is , 316 - 318 COLLIER ROW LANE: £2,116,770 (Sold on 14 Jul 2015)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£405,974	£4,698	19
2023	£369,167	£4,285	21
2022	£426,922	£4,749	29
2021	£361,198	£4,449	58
2020	£355,421	£4,329	19
2019	£337,759	£3,981	32
2018	£342,135	£3,976	43
2017	£348,408	£3,869	38
2016	£322,527	£3,935	37
2015	£279,253	£3,306	42
2014	£248,944	£2,834	27
2013	£193,148	£2,350	27
2012	£191,042	£2,309	24
2011	£198,222	£2,573	27
2010	£205,230	£2,389	25
2009	£197,442	£2,438	26
2008	£221,367	£2,328	30
2007	£221,571	£2,516	48
2006	£193,698	£2,208	59
2005	£191,791	£2,083	36
2004	£183,607	£2,214	45
2003	£166,666	£2,001	56
2002	£136,107	£1,648	58
2001	£116,177	£1,369	46
2000	£100,946	£1,165	46
1999	£82,776	£968	39
1998	£76,975	£944	43
1997	£71,293	£861	42
1996	£62,730	£790	43
1995	£59,889	£712	27

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£155,000		1
2023	£229,900	£3,997	10
2022	£241,000	£4,224	3
2021	£230,083	£4,278	12
2020	£215,661	£3,726	14
2019	£224,792	£4,011	12
2018	£207,333	£3,819	12
2017	£241,206	£4,130	17
2016	£188,030	£3,182	25
2015	£182,409	£3,262	11
2014	£170,550	£3,597	10
2013	£152,244	£2,705	8
2012	£153,538	£2,672	8
2011	£202,695	£4,101	21
2010	£154,333	£2,826	6
2009	£152,400	£2,309	10
2008	£137,500	£2,295	7
2007	£150,041	£2,609	24
2006	£135,214	£2,376	14
2005	£117,350	£2,274	10
2004	£127,786	£1,629	7
2003	£91,500	£1,556	13
2002	£87,444	£1,583	9
2001	£77,081	£1,290	17
2000	£57,000	£903	13
1999	£64,593	£860	8
1998	£53,857	£774	7
1997	£44,573	£758	15
1996	£43,750	£778	2
1995	£22,000	£564	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£413,533	£4,205	15
2023	£453,297	£5,028	37
2022	£443,552	£5,155	48
2021	£431,594	£4,697	83
2020	£399,039	£4,619	34
2019	£375,739	£4,252	49
2018	£371,733	£4,416	45
2017	£366,554	£4,393	50
2016	£378,765	£4,335	55
2015	£306,889	£3,497	45
2014	£271,031	£3,197	48
2013	£237,100	£2,790	37
2012	£232,934	£2,717	38
2011	£229,342	£2,584	32
2010	£225,534	£2,802	44
2009	£201,594	£2,223	32
2008	£269,243	£2,656	46
2007	£244,985	£2,872	69
2006	£214,520	£2,442	69
2005	£206,182	£2,359	45
2004	£200,639	£2,314	74
2003	£194,469	£2,260	58
2002	£150,881	£1,717	61
2001	£128,543	£1,397	44
2000	£124,513	£1,308	40
1999	£97,300	£1,103	40
1998	£86,117	£945	45
1997	£77,562	£832	40
1996	£74,196	£738	37
1995	£69,664	£717	42

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£532,500	£5,097	4
2022	£499,500	£5,808	1
2021	£600,000	£5,223	2
2020	£533,750	£4,396	4
2019	£507,250	£3,843	4
2018	£571,250	£4,021	4
2017	£416,000	£4,589	3
2016	£417,000	£3,648	5
2015	£481,250	£3,403	4
2014	£399,375	£3,338	4
2012	£311,667	£2,911	3
2011	£289,500	£3,029	6
2010	£305,000	£2,769	4
2009	£375,000		1
2008	£377,372	£3,289	8
2007	£336,599	£2,830	5
2006	£315,500	£2,079	7
2005	£273,999	£1,588	5
2004	£313,928	£3,472	7
2003	£225,700	£2,223	5
2002	£268,643	£2,332	7
2001	£249,950	£2,066	1
2000	£158,214	£1,158	7
1999	£107,000		1
1998	£151,500	£1,253	2
1997	£122,333	£965	3
1996	£106,000	£836	3
1995	£95,000	£556	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£465,000		1
2022	£130,500	£3,333	2
2021	£401,250	£510	4
2020	£276,665	£3,465	3
2019	£154,750	£5,938	8
2018	£105,825	£2,636	4
2017	£477,500		2
2016	£111,167	£12	3
2015	£969,923	£6,818	3

House Type in RM5 2PA area

The most common house types in the RM5 2PA postcode area are Total (107), Detached (0), and Terraced (0).

Semi-detached	107
Total	107
Detached	0
Terraced	0
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 with a mortgage or loan (53), and Owned: Owns outright (42).

Owned: Owns with a mortgage or loan	53
Owned: Owns outright	42
Private rented: Private landlord or letting agency	12
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the RM5 2PA have 2 people in household (29), and 4 people in household (24).

2 people in household	29
4 people in household	24
3 people in household	23
1 person in household	20
5 people in household	5
6 people in household	3
7 people in household	2
8 or more people in household	1
0 people in household	0