Housing Market Analysis for DOWNHAM CLOSE, RM5 2RD

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £206,745 median price is £177,750 Standard Deviation is £105,468 with Total Sold: 10
    • The Last 5 Year average price is £365,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 7 DOWNHAM CLOSE: £330,000 (Sold on 01 Sep 2020)
    • The first recorded sale happened at this postcode is 1 DOWNHAM CLOSE: £400,000 (Sold on 03 Oct 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average RM5 2RD 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
2020£330,000 £4,125 1
2015£279,974 £3,575 2
2011£185,000 £2,937 1
2005£170,5001
2003£158,000 £2,508 1
2001£111,0001
2000£88,0001
1998£65,000 £812 1
2023£400,000 £5,333 1

All the Sales in the DOWNHAM CLOSE, RM5 2RD

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

AddressSold DatePrice% Change
7 DOWNHAM CLOSETerraced, FreeholdArea: 80 Sq.mtrAge: 1950-196601 Sep 2020£330,000407.69%
22 May 1998£65,000First Sale
10 DOWNHAM CLOSETerraced, FreeholdArea: 82 Sq.mtrAge: 1967-197524 Nov 2015£294,950First Sale
9 DOWNHAM CLOSETerraced, FreeholdArea: 74.6 Sq.mtrAge: 1967-197524 Jul 2015£264,999First Sale
15 DOWNHAM CLOSETerraced, FreeholdArea: 63 Sq.mtrAge: 1967-197525 Jul 2011£185,00017.09%
31 Mar 2003£158,000First Sale
3 DOWNHAM CLOSETerraced, Freehold14 Oct 2005£170,500First Sale
17 DOWNHAM CLOSETerraced, Freehold25 Oct 2001£111,000First Sale
4 DOWNHAM CLOSETerraced, Freehold28 Apr 2000£88,000First Sale
1 DOWNHAM CLOSETerraced, FreeholdArea: 75 Sq.mtrAge: 1950-196603 Oct 2023£400,000First Sale

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

DOWNHAM CLOSE, RM5 2RD Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £216,615 median price is £195,000 Standard Deviation is £112,351 with Total Sold: 914
    • The Last 5 Year average price is £374,980 with Total Sold: 152
    • The most recent sale happened at this postcode is , 30 FRINTON ROAD: £425,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 11 RAMSDEN DRIVE: £66,000 (Sold on 31 Jan 1995)
  • Semi-Detached
    • The average price is around £246,128 median price is £226,250 Standard Deviation is £124,689 with Total Sold: 906
    • The Last 5 Year average price is £428,174 with Total Sold: 154
    • The most recent sale happened at this postcode is , 14 HULSE AVENUE: £500,000 (Sold on 20 Aug 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 £151,990 median price is £150,000 Standard Deviation is £71,240 with Total Sold: 312
    • The Last 5 Year average price is £225,363 with Total Sold: 53
    • 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)
  • Detached
    • The average price is around £329,783 median price is £328,000 Standard Deviation is £147,170 with Total Sold: 153
    • The Last 5 Year average price is £515,190 with Total Sold: 21
    • 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 £363,004 median price is £252,498 Standard Deviation is £561,966 with Total Sold: 32
    • The Last 5 Year average price is £220,050 with Total Sold: 20
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£404,656 £4,698 16
2023£391,075 £4,596 20
2022£424,836 £4,854 26
2021£361,434 £4,446 46
2020£355,222 £4,348 18
2019£332,127 £4,148 26
2018£338,612 £4,027 32
2017£340,962 £4,016 39
2016£318,552 £3,960 29
2015£285,270 £3,427 32
2014£255,107 £2,906 28
2013£201,860 £2,459 25
2012£190,667 £2,359 18
2011£196,625 £2,589 24
2010£202,655 £2,341 21
2009£198,789 £2,487 25
2008£227,460 £2,492 25
2007£225,374 £2,454 38
2006£197,923 £2,350 49
2005£195,326 £2,251 32
2004£188,058 £2,283 36
2003£167,017 £2,029 47
2002£132,672 £1,668 39
2001£119,074 £1,376 39
2000£100,382 £1,252 31
1999£82,846 £976 37
1998£81,122 £1,006 31
1997£71,370 £878 34
1996£62,358 £789 32
1995£61,710 £725 19
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£416,929 £2,977 14
2023£456,769 £5,023 26
2022£460,304 £5,347 28
2021£441,384 £4,757 45
2020£393,658 £4,469 19
2019£363,432 £4,272 22
2018£367,500 £4,288 27
2017£361,797 £4,572 32
2016£383,091 £4,315 33
2015£314,846 £3,613 26
2014£277,629 £3,263 31
2013£229,614 £2,827 22
2012£238,854 £2,860 24
2011£231,812 £2,718 16
2010£232,800 £2,821 30
2009£198,500 £2,217 29
2008£274,410 £2,725 37
2007£255,804 £3,029 41
2006£216,328 £2,394 50
2005£205,638 £2,452 34
2004£193,308 £2,222 47
2003£183,889 £2,149 43
2002£147,956 £1,741 39
2001£127,347 £1,347 23
2000£127,274 £1,245 29
1999£98,562 £1,143 24
1998£82,021 £902 26
1997£78,189 £929 33
1996£75,448 £718 24
1995£67,626 £684 32
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£155,0001
2023£237,550 £4,158 10
2022£218,250 £4,224 4
2021£230,083 £4,278 12
2020£215,661 £3,726 14
2019£230,042 £4,040 12
2018£217,188 £4,444 8
2017£249,866 £4,342 15
2016£188,030 £3,182 25
2015£182,409 £3,262 11
2014£165,062 £3,605 8
2013£152,244 £2,705 8
2012£153,538 £2,672 8
2011£202,695 £4,101 21
2010£140,250 £2,752 4
2009£137,499 £2,345 9
2008£136,917 £2,105 6
2007£150,041 £2,609 24
2006£133,307 £2,381 13
2005£117,350 £2,274 10
2004£127,786 £1,629 7
2003£88,577 £1,447 13
2002£87,375 £1,504 8
2001£75,809 £1,247 15
2000£55,500 £903 14
1999£55,968 £812 8
1998£48,200 £665 5
1997£45,185 £758 14
1996£32,625 £778 4
1995£22,000 £564 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£550,400 £4,773 5
2022£472,100 £5,539 5
2021£513,333 £4,421 3
2020£541,250 £4,145 4
2019£500,375 £3,511 4
2018£524,000 £3,996 5
2017£409,000 £3,890 2
2016£435,000 £3,254 4
2015£446,714 £4,725 7
2014£386,214 £3,273 7
2013£305,389 £3,385 9
2012£312,875 £2,824 8
2011£288,667 £3,123 6
2010£329,599 £2,381 5
2009£402,500 £2,860 2
2008£379,886 £3,355 9
2007£353,599 £2,398 5
2006£304,955 £3,358 11
2005£285,750 £2,638 6
2004£285,598 £3,309 10
2003£229,583 £2,173 6
2002£288,500 £2,178 4
2001£149,722 £1,719 2
2000£170,356 £1,158 7
1999£111,000 £1,032 2
1998£149,195 £1,087 5
1997£113,374 £1,082 4
1996£102,000 £914 3
1995£110,000 £556 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£465,0001
2022£130,500 £3,333 2
2021£321,200 £510 5
2020£276,665 £3,465 3
2019£137,667 £5,938 9
2018£140,000 £3,930 3
2017£477,5002
2016£111,167 £12 3
2015£1,376,657 £6,818 4

House Type in RM5 2RD area

The most common house types in the RM5 2RD postcode area are Terraced (72), Semi-detached (49), and Detached (9).

Total134
Terraced72
Semi-detached49
Detached9
Shared house2
Flat1
temporary structure1
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 (62), and Owned: Owns outright (55).

Owned: Owns with a mortgage or loan62
Owned: Owns outright55
Social rented: Rents from council or Local Authority10
Private rented: Private landlord or letting agency7
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the RM5 2RD have 2 people in household (41), and 3 people in household (28).

2 people in household41
3 people in household28
1 person in household27
4 people in household25
5 people in household5
6 people in household4
8 or more people in household2
0 people in household0
7 people in household0