Housing Market Analysis for LYNWOOD CLOSE, RM5 2QU

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £256,593 median price is £231,000 Standard Deviation is £146,994 with Total Sold: 8
- The Last 5 Year average price is £477,000 with Total Sold: 1
- The most recent sale happened at this postcode is 2 LYNWOOD CLOSE: £477,000 (Sold on 08 Apr 2021)
- The first recorded sale happened at this postcode is 14 LYNWOOD CLOSE: £81,250 (Sold on 29 Nov 1995)
Terraced
- The average price is around £170,667 median price is £153,000 Standard Deviation is £43,866 with Total Sold: 3
- The most recent sale happened at this postcode is 5 LYNWOOD CLOSE: £231,000 (Sold on 22 Aug 2011)
- The first recorded sale happened at this postcode is 10 LYNWOOD CLOSE: £128,000 (Sold on 23 Jul 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average RM5 2QU 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	£477,000	£4,458	1
2018	£500,000	£4,237	1
2006	£242,750		2
2004	£212,248		2
1997	£84,500		1
1995	£81,250		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2011	£231,000	£3,674	1
2002	£153,000	£2,433	1
2001	£128,000		1

All the Sales in the LYNWOOD CLOSE, RM5 2QU

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

Address	Sold Date	Price	% Change
2 LYNWOOD CLOSESemi-Detached, FreeholdArea: 107 Sq.mtrAge: 1930-1949	08 Apr 2021	£477,000	First Sale
8 LYNWOOD CLOSESemi-Detached, FreeholdArea: 118 Sq.mtrAge: 1930-1949	24 Jul 2018	£500,000	First Sale
5 LYNWOOD CLOSETerraced, FreeholdArea: 62.88 Sq.mtrAge: 1930-1949	22 Aug 2011	£231,000	50.98%
	28 Aug 2002	£153,000	First Sale
4 LYNWOOD CLOSESemi-Detached, Freehold	08 Sep 2006	£248,000	10.47%
4 LYNWOOD CLOSESemi-Detached, Freehold	30 Mar 2004	£224,500	First Sale
12 LYNWOOD CLOSESemi-Detached, Freehold	23 Jun 2006	£237,500	First Sale
1 LYNWOOD CLOSESemi-Detached, Freehold	06 Jul 2004	£199,995	First Sale
10 LYNWOOD CLOSETerraced, Freehold	23 Jul 2001	£128,000	First Sale
14 LYNWOOD CLOSESemi-Detached, Freehold	21 Mar 1997	£84,500	4.00%
14 LYNWOOD CLOSESemi-Detached, Freehold	29 Nov 1995	£81,250	First Sale

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

LYNWOOD CLOSE, RM5 2QU Near By properties

Interactive Map

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

Terraced
- The average price is around £213,927 median price is £195,000 Standard Deviation is £111,857 with Total Sold: 1,037
- The Last 5 Year average price is £378,829 with Total Sold: 162
- 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 , 17 FELSTEAD ROAD: £54,500 (Sold on 06 Jan 1995)
Semi-Detached
- The average price is around £247,083 median price is £226,500 Standard Deviation is £123,250 with Total Sold: 1,645
- The Last 5 Year average price is £421,511 with Total Sold: 309
- 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 £146,898 median price is £140,000 Standard Deviation is £68,235 with Total Sold: 255
- The Last 5 Year average price is £227,280 with Total Sold: 33
- The most recent sale happened at this postcode is , 8 HILLRISE ROAD: £175,000 (Sold on 08 Mar 2024)
- The first recorded sale happened at this postcode is , 3 RAVENSWOOD CLOSE: £72,000 (Sold on 20 Jan 1995)
Detached
- The average price is around £312,564 median price is £285,000 Standard Deviation is £151,582 with Total Sold: 152
- The Last 5 Year average price is £517,339 with Total Sold: 23
- The most recent sale happened at this postcode is , 54 FELSTEAD ROAD: £610,000 (Sold on 01 Dec 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 £226,895 median price is £210,000 Standard Deviation is £243,373 with Total Sold: 21
- The Last 5 Year average price is £204,455 with Total Sold: 11
- 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 , 13 CLOCKHOUSE LANE: £343,000 (Sold on 27 Jul 2015)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£418,059	£4,848	17
2023	£379,705	£4,479	22
2022	£414,087	£4,782	23
2021	£369,806	£4,317	54
2020	£367,643	£4,152	14
2019	£352,166	£3,993	32
2018	£349,600	£3,959	38
2017	£346,243	£3,829	35
2016	£337,375	£3,907	32
2015	£278,966	£3,252	46
2014	£256,939	£2,838	33
2013	£207,048	£2,351	31
2012	£196,798	£2,283	20
2011	£206,283	£2,516	23
2010	£214,777	£2,269	18
2009	£196,857	£2,290	21
2008	£219,741	£2,262	27
2007	£220,719	£2,710	50
2006	£194,280	£2,176	60
2005	£190,956	£1,910	33
2004	£183,074	£2,040	38
2003	£168,668	£2,046	46
2002	£134,881	£1,628	54
2001	£117,378	£1,332	41
2000	£105,109	£1,158	43
1999	£86,363	£951	33
1998	£79,814	£915	44
1997	£72,657	£832	41
1996	£63,317	£787	39
1995	£61,853	£694	29

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£431,667	£4,789	12
2023	£459,193	£5,190	44
2022	£447,421	£5,176	57
2021	£423,769	£4,608	93
2020	£395,817	£4,595	50
2019	£380,343	£4,204	53
2018	£370,853	£4,346	51
2017	£367,080	£4,266	59
2016	£372,454	£4,325	63
2015	£298,909	£3,407	55
2014	£256,730	£3,100	50
2013	£238,324	£2,743	52
2012	£225,815	£2,695	45
2011	£236,433	£2,529	38
2010	£228,979	£2,825	47
2009	£200,129	£2,249	31
2008	£260,633	£2,514	54
2007	£240,692	£2,574	80
2006	£210,602	£2,474	72
2005	£208,429	£2,346	47
2004	£200,270	£2,346	86
2003	£193,803	£2,319	65
2002	£155,145	£1,734	79
2001	£125,481	£1,409	60
2000	£121,667	£1,335	45
1999	£96,466	£1,083	62
1998	£85,920	£935	53
1997	£78,657	£858	57
1996	£71,044	£771	38
1995	£70,211	£739	47

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£175,000	£3,182	1
2023	£273,400	£4,074	5
2022	£267,500	£4,199	2
2021	£230,500	£4,278	9
2020	£207,083	£3,570	9
2019	£212,143	£3,696	7
2018	£196,312	£3,415	8
2017	£245,423	£4,104	13
2016	£182,913	£3,068	23
2015	£201,560	£2,923	10
2014	£164,850	£3,471	10
2013	£136,875	£2,405	4
2012	£128,150	£2,395	10
2011	£176,500	£2,891	2
2010	£153,000	£2,755	5
2009	£156,888	£2,329	9
2008	£134,812	£2,151	8
2007	£148,624	£2,728	28
2006	£131,500	£2,291	12
2005	£116,625	£2,334	8
2004	£129,833	£1,751	6
2003	£103,500	£1,698	7
2002	£94,325	£1,827	6
2001	£78,222	£1,251	13
2000	£59,750	£822	8
1999	£69,457	£788	6
1998	£52,611	£807	9
1997	£44,035	£749	14
1995	£48,500	£782	3

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£526,667	£4,671	6
2022	£480,000	£6,667	1
2021	£547,200	£5,332	4
2020	£510,000	£4,396	5
2019	£502,857	£4,028	7
2018	£567,500	£3,622	2
2017	£416,000	£4,589	3
2016	£410,833	£3,557	6
2015	£358,400	£4,689	5
2014	£369,722	£3,182	9
2013	£235,000	£3,264	2
2012	£311,667	£2,911	3
2011	£266,667	£3,109	6
2010	£262,778	£2,737	9
2009	£375,000		3
2008	£346,548	£3,237	10
2007	£306,142	£2,393	7
2006	£363,082	£2,289	6
2005	£271,799	£2,142	5
2004	£296,937	£3,373	8
2003	£225,700	£2,223	5
2002	£259,889	£2,206	9
2001	£237,475	£1,556	2
2000	£153,000	£1,046	9
1999	£124,833		3
1998	£137,700	£948	5
1997	£99,100	£740	5
1996	£105,750	£1,272	4
1995	£108,667	£647	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£465,000		1
2022	£1,000		1
2021	£415,000	£510	3
2019	£89,667	£5,395	6
2018	£112,150	£1,649	2
2017	£388,333	£2,917	3
2016	£111,167	£12	3
2015	£396,500	£6,818	2

House Type in RM5 2QU area

The most common house types in the RM5 2QU postcode area are Semi-detached (98), Detached (4), and Terraced (1).

Total	104
Semi-detached	98
Detached	4
Terraced	1
temporary structure	1
Flat	0
Shared house	0
converted building	0
commercial building	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (46), and Owned: Owns with a mortgage or loan (46).

Owned: Owns outright	46
Owned: Owns with a mortgage or loan	46
Private rented: Private landlord or letting agency	7
Private rented: Other private rented	2
Social rented: Other social rented	1
Lives rent free	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0

Number of People in a Household

The most houses in the RM5 2QU have 2 people in household (31), and 4 people in household (30).

2 people in household	31
4 people in household	30
1 person in household	23
3 people in household	14
5 people in household	3
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0