Housing Market Analysis for DEREHAM PLACE, RM5 2PN

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £275,000 median price is £275,000 Standard Deviation is £65,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 4 DEREHAM PLACE: £340,000 (Sold on 14 Jul 2017)
    • The first recorded sale happened at this postcode is 4 DEREHAM PLACE: £210,000 (Sold on 27 Jun 2011)

Sold Price Trend Over the Years:

Below table and chart gives the average RM5 2PN 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£340,000 £3,851 1
2011£210,000 £2,379 1

All the Sales in the DEREHAM PLACE, RM5 2PN

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

AddressSold DatePrice% Change
4 DEREHAM PLACETerraced, FreeholdArea: 88.28 Sq.mtrAge: 1996-200214 Jul 2017£340,00061.90%
27 Jun 2011£210,000First Sale

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

DEREHAM PLACE, RM5 2PN Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £211,280 median price is £190,000 Standard Deviation is £107,907 with Total Sold: 887
    • The Last 5 Year average price is £368,137 with Total Sold: 139
    • 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 £250,880 median price is £230,000 Standard Deviation is £121,787 with Total Sold: 1,401
    • The Last 5 Year average price is £418,793 with Total Sold: 271
    • 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 £157,568 median price is £149,000 Standard Deviation is £70,594 with Total Sold: 199
    • The Last 5 Year average price is £233,336 with Total Sold: 35
    • 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 £316,033 median price is £305,000 Standard Deviation is £133,228 with Total Sold: 85
    • The Last 5 Year average price is £460,818 with Total Sold: 11
    • 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£391,308 £4,698 13
2023£367,523 £4,271 22
2022£405,222 £4,685 18
2021£366,244 £4,217 45
2020£348,500 £4,182 13
2019£346,179 £3,909 28
2018£343,422 £3,822 36
2017£349,850 £3,865 30
2016£331,382 £3,973 34
2015£279,624 £3,181 36
2014£255,035 £2,827 28
2013£192,381 £2,227 21
2012£186,175 £2,173 20
2011£200,842 £2,454 19
2010£206,838 £2,368 17
2009£185,438 £2,237 16
2008£216,381 £2,292 21
2007£204,158 £2,658 44
2006£188,272 £2,186 53
2005£191,178 £1,967 28
2004£182,666 £2,153 27
2003£165,950 £1,984 45
2002£135,614 £1,590 45
2001£115,254 £1,351 38
2000£103,634 £1,176 40
1999£85,685 £914 28
1998£79,303 £900 39
1997£71,156 £840 35
1996£62,981 £793 27
1995£60,476 £679 21
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£464,500 £4,145 10
2023£454,434 £5,181 38
2022£444,170 £5,023 47
2021£422,349 £4,558 83
2020£389,178 £4,616 44
2019£378,055 £4,229 49
2018£373,356 £4,247 45
2017£364,664 £4,269 47
2016£375,287 £4,317 56
2015£303,873 £3,453 51
2014£260,410 £3,143 50
2013£238,132 £2,772 46
2012£231,646 £2,724 39
2011£235,970 £2,504 35
2010£227,036 £2,823 42
2009£197,444 £2,240 27
2008£265,213 £2,500 43
2007£243,137 £2,619 65
2006£211,173 £2,466 67
2005£206,272 £2,340 43
2004£199,904 £2,386 70
2003£193,041 £2,255 53
2002£155,367 £1,728 57
2001£128,055 £1,453 52
2000£124,798 £1,370 37
1999£97,096 £1,140 49
1998£85,892 £950 39
1997£79,572 £855 48
1996£72,598 £759 30
1995£69,594 £752 39
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£282,875 £4,110 4
2022£218,333 £3,688 3
2021£234,250 £4,100 12
2020£227,083 £3,659 9
2019£217,929 £3,303 7
2018£226,214 £3,820 7
2017£242,999 £3,781 9
2016£192,464 £3,318 14
2015£219,428 £2,918 7
2014£166,681 £3,237 11
2013£138,333 £2,405 3
2012£134,214 £2,768 7
2011£176,500 £2,891 2
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£132,667 £2,278 9
2005£120,498 £2,023 3
2004£132,917 £1,784 6
2003£106,749 £1,599 6
2002£90,000 £1,373 2
2001£80,900 £1,096 10
2000£64,199 £988 5
1999£81,436 £715 4
1998£55,500 £720 6
1997£44,650 £703 10
1996£38,000 £567 1
1995£52,000 £733 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£513,750 £5,419 4
2021£575,000 £2,674 1
2020£405,000 £4,525 4
2019£409,500 £3,976 2
2018£508,750 £3,431 4
2017£416,000 £4,589 3
2016£396,000 £3,466 5
2015£371,500 £3,707 3
2014£409,375 £3,047 4
2013£123,3331
2012£312,500 £2,911 2
2011£237,750 £2,904 4
2010£255,714 £2,551 7
2009£375,0001
2008£355,372 £3,237 8
2007£330,749 £2,830 4
2006£326,667 £2,411 3
2005£256,6653
2004£291,250 £4,907 4
2003£225,700 £2,223 5
2001£225,000 £1,047 1
2000£142,750 £1,094 4
1998£151,500 £1,253 2
1997£100,500 £838 2
1996£96,000 £939 2
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 2PN area

The most common house types in the RM5 2PN postcode area are Semi-detached (83), Flat (30), and Terraced (13).

Total131
Semi-detached83
Flat30
Terraced13
Detached4
commercial building1
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (40), and Owned: Owns with a mortgage or loan (38).

Owned: Owns outright40
Owned: Owns with a mortgage or loan38
Social rented: Other social rented25
Social rented: Rents from council or Local Authority12
Private rented: Private landlord or letting agency11
Shared ownership: Shared ownership1
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the RM5 2PN have 2 people in household (43), and 1 person in household (31).

2 people in household43
1 person in household31
3 people in household24
4 people in household17
5 people in household8
6 people in household6
7 people in household1
0 people in household0
8 or more people in household0