Housing Market Analysis for PRESTWOOD DRIVE, RM5 2SS

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £225,321 median price is £217,500 Standard Deviation is £91,425 with Total Sold: 34
- The Last 5 Year average price is £350,000 with Total Sold: 1
- The most recent sale happened at this postcode is 3 PRESTWOOD DRIVE: £350,000 (Sold on 17 Dec 2021)
- The first recorded sale happened at this postcode is 32 PRESTWOOD DRIVE: £53,950 (Sold on 19 Jan 1995)
Terraced
- The average price is around £195,000 median price is £195,000 Standard Deviation is £0 with Total Sold: 2
- The most recent sale happened at this postcode is 20 PRESTWOOD DRIVE: £195,000 (Sold on 23 Sep 2011)
- The first recorded sale happened at this postcode is 20 PRESTWOOD DRIVE: £195,000 (Sold on 04 Feb 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average RM5 2SS 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	£350,000		1
2019	£343,500	£4,131	2
2018	£328,800	£3,515	5
2016	£331,667	£3,542	3
2015	£255,000	£3,072	1
2014	£240,000	£2,888	1
2012	£187,890	£2,126	2
2011	£198,667	£2,223	3
2008	£230,625	£2,711	2
2007	£187,000	£1,948	1
2006	£193,833		3
2005	£215,000	£1,503	1
2003	£173,998	£1,943	2
2002	£131,500	£1,386	2
2001	£129,950		1
2000	£103,750		2
1997	£71,000		1
1995	£53,950	£562	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2011	£195,000	£2,044	1
2005	£195,000	£2,044	1

All the Sales in the PRESTWOOD DRIVE, RM5 2SS

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

Address	Sold Date	Price	% Change
3 PRESTWOOD DRIVESemi-Detached, Freehold	17 Dec 2021	£350,000	First Sale
36 PRESTWOOD DRIVESemi-Detached, FreeholdArea: 83.32 Sq.mtrAge: 1950-1966	26 Sep 2019	£335,000	52.27%
	23 Feb 2018	£220,000	10.00%
	26 Aug 2011	£200,000	First Sale
5 PRESTWOOD DRIVESemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1950-1966	29 Mar 2019	£352,000	56.44%
	15 Oct 2008	£225,000	95.65%
	17 May 2002	£115,000	First Sale
8 PRESTWOOD DRIVESemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1950-1966	14 Dec 2018	£300,000	First Sale
44 PRESTWOOD DRIVESemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1950-1966	24 Aug 2018	£354,000	First Sale
30 PRESTWOOD DRIVESemi-Detached, FreeholdArea: 143 Sq.mtrAge: 1950-1966	18 Apr 2018	£420,000	95.35%
	09 Sep 2005	£215,000	First Sale
1 PRESTWOOD DRIVESemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1950-1966	19 Mar 2018	£350,000	First Sale
7 PRESTWOOD DRIVESemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1930-1949	28 Oct 2016	£320,000	First Sale
32 PRESTWOOD DRIVESemi-Detached, FreeholdArea: 96 Sq.mtrAge: 1950-1966	10 May 2016	£310,000	54.40%
	06 Jun 2012	£200,779	7.37%
	16 Feb 2007	£187,000	246.62%
	19 Jan 1995	£53,950	First Sale
14 PRESTWOOD DRIVESemi-Detached, Freehold	26 Feb 2016	£365,000	First Sale
22 PRESTWOOD DRIVESemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1930-1949	14 Oct 2015	£255,000	First Sale
12 PRESTWOOD DRIVESemi-Detached, FreeholdArea: 83.1 Sq.mtrAge: 1950-1966	24 Mar 2014	£240,000	41.18%
	19 Aug 2011	£170,000	First Sale
19 PRESTWOOD DRIVESemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1930-1949	12 Oct 2012	£175,000	First Sale
20 PRESTWOOD DRIVETerraced, FreeholdArea: 95.4 Sq.mtrAge: 1950-1966	23 Sep 2011	£195,000	0.0
	04 Feb 2005	£195,000	First Sale
21 PRESTWOOD DRIVESemi-Detached, Freehold	21 Apr 2011	£226,000	2.73%
	29 Sep 2006	£220,000	48.65%
	30 Sep 2002	£148,000	108.45%
	03 Oct 1997	£71,000	First Sale
23 PRESTWOOD DRIVESemi-Detached, Freehold	25 Apr 2008	£236,250	81.80%
23 PRESTWOOD DRIVESemi-Detached, Freehold	02 Nov 2001	£129,950	First Sale
38 PRESTWOOD DRIVESemi-Detached, Freehold	07 Jul 2006	£185,000	First Sale
34 PRESTWOOD DRIVESemi-Detached, Freehold	07 Mar 2006	£176,500	First Sale
16 PRESTWOOD DRIVESemi-Detached, FreeholdArea: 96.77 Sq.mtrAge: 1950-1966	31 Oct 2003	£187,995	First Sale
10 PRESTWOOD DRIVESemi-Detached, Freehold	16 May 2003	£160,000	First Sale
17 PRESTWOOD DRIVESemi-Detached, Freehold	11 Oct 2000	£102,500	First Sale
25 PRESTWOOD DRIVESemi-Detached, Freehold	31 May 2000	£105,000	First Sale

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

PRESTWOOD DRIVE, RM5 2SS Near By properties

Interactive Map

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

Detached
- The average price is around £300,956 median price is £275,000 Standard Deviation is £187,576 with Total Sold: 107
- The Last 5 Year average price is £590,869 with Total Sold: 13
- The most recent sale happened at this postcode is , 23 AVELON ROAD: £392,500 (Sold on 23 Sep 2024)
- The first recorded sale happened at this postcode is , 108 ST JOHNS ROAD: £150,000 (Sold on 31 Mar 1995)
Semi-Detached
- The average price is around £245,118 median price is £225,000 Standard Deviation is £119,922 with Total Sold: 1,244
- The Last 5 Year average price is £419,180 with Total Sold: 193
- 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 , 32 PRESTWOOD DRIVE: £53,950 (Sold on 19 Jan 1995)
Terraced
- The average price is around £204,920 median price is £185,500 Standard Deviation is £108,591 with Total Sold: 634
- The Last 5 Year average price is £378,472 with Total Sold: 86
- The most recent sale happened at this postcode is , 25 ASHVALE GARDENS: £420,000 (Sold on 28 Aug 2024)
- The first recorded sale happened at this postcode is , 26 ASHVALE GARDENS: £63,000 (Sold on 24 Feb 1995)
Flat
- The average price is around £144,692 median price is £135,000 Standard Deviation is £67,121 with Total Sold: 194
- The Last 5 Year average price is £213,954 with Total Sold: 27
- The most recent sale happened at this postcode is 68, HIGHFIELD TOWERS HILLRISE ROAD: £132,000 (Sold on 20 Mar 2024)
- The first recorded sale happened at this postcode is , 16 LULWORTH DRIVE: £46,000 (Sold on 06 Jan 1995)
Other
- The average price is around £427,383 median price is £230,000 Standard Deviation is £567,990 with Total Sold: 6
- The Last 5 Year average price is £250,000 with Total Sold: 1
- The most recent sale happened at this postcode is , 14 MOUNT PLEASANT ROAD: £250,000 (Sold on 20 May 2022)
- The first recorded sale happened at this postcode is , PINEWOODS ST JOHNS ROAD: £450,000 (Sold on 16 Dec 2014)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£930,833	£3,896	3
2023	£467,500	£5,012	2
2022	£447,500	£5,659	4
2021	£416,900	£5,706	2
2020	£665,000	£5,679	2
2019	£431,000	£4,472	7
2018	£343,667	£4,745	3
2017	£436,667	£4,159	3
2016	£460,000	£3,425	3
2015	£409,999	£3,436	4
2014	£307,428	£3,124	7
2013	£277,639	£3,516	6
2012	£195,000	£2,832	3
2010	£273,000	£2,632	5
2009	£310,000	£3,529	3
2007	£265,417	£2,941	6
2006	£248,246	£1,785	4
2005	£255,233	£2,140	5
2004	£390,000	£3,391	1
2003	£224,250	£2,573	2
2002	£252,667	£1,732	3
2001	£181,000	£1,354	3
2000	£107,000	£601	4
1999	£138,625	£1,479	8
1998	£153,625	£1,185	4
1997	£120,500	£1,049	4
1996	£133,500	£855	3
1995	£136,667	£863	3

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£474,833	£4,529	9
2023	£456,629	£5,364	35
2022	£430,095	£4,981	42
2021	£409,727	£4,572	66
2020	£379,033	£4,486	41
2019	£374,310	£4,078	49
2018	£364,538	£4,143	39
2017	£363,249	£4,113	55
2016	£364,576	£4,293	47
2015	£289,345	£3,335	42
2014	£254,039	£2,917	51
2013	£230,362	£2,641	50
2012	£221,683	£2,549	40
2011	£225,182	£2,414	30
2010	£226,594	£2,800	32
2009	£196,038	£2,199	13
2008	£231,489	£2,413	23
2007	£233,465	£2,921	60
2006	£203,395	£2,371	58
2005	£209,148	£2,275	40
2004	£202,143	£2,295	54
2003	£186,310	£2,256	40
2002	£150,560	£1,743	67
2001	£124,093	£1,563	47
2000	£116,675	£1,237	32
1999	£95,958	£1,046	44
1998	£87,595	£989	40
1997	£77,197	£836	38
1996	£69,016	£771	28
1995	£68,598	£755	32

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£411,112	£4,990	10
2023	£383,917	£4,500	12
2022	£405,841	£5,066	22
2021	£358,500	£4,427	29
2020	£346,577	£4,136	13
2019	£330,225	£3,865	20
2018	£349,472	£4,045	18
2017	£337,115	£4,013	13
2016	£337,092	£3,780	19
2015	£259,103	£3,045	30
2014	£237,583	£2,993	24
2013	£210,278	£2,397	18
2012	£199,416	£2,400	18
2011	£195,792	£2,277	12
2010	£185,928	£2,305	7
2009	£178,205	£2,144	17
2008	£195,650	£2,513	10
2007	£213,808	£2,610	29
2006	£190,833	£2,149	34
2005	£180,328	£2,174	23
2004	£180,948	£2,080	29
2003	£160,129	£2,041	27
2002	£124,478	£1,496	38
2001	£105,825	£1,352	26
2000	£99,810	£1,089	28
1999	£77,988	£958	25
1998	£71,602	£769	27
1997	£72,135	£935	21
1996	£60,230	£778	13
1995	£60,795	£705	22

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£180,667	£3,617	3
2023	£208,100	£3,472	5
2022	£207,938	£3,653	4
2021	£228,550	£3,751	10
2020	£215,400	£3,464	5
2019	£194,500	£3,198	9
2018	£214,750	£3,422	10
2017	£225,083	£3,400	6
2016	£193,538	£3,761	13
2015	£199,074	£2,771	8
2014	£162,999	£2,823	11
2013	£107,500		3
2012	£133,900	£2,016	5
2011	£98,250	£1,776	4
2010	£142,188	£2,021	8
2009	£164,599	£2,100	5
2008	£137,832	£2,759	6
2007	£142,730	£2,468	13
2006	£118,700	£1,994	10
2005	£118,856	£2,158	7
2004	£104,375	£1,832	4
2003	£97,699	£1,452	5
2002	£89,249	£1,449	4
2001	£71,856	£1,118	7
2000	£54,499	£924	4
1999	£59,374	£816	4
1998	£55,750	£871	4
1997	£42,786	£632	7
1996	£35,333	£545	3
1995	£35,214	£571	7

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£250,000	£4,167	1
2018	£3,300	£49	1
2017	£930,000	£2,917	2
2015	£1,000		1
2014	£450,000		1

House Type in RM5 2SS area

The most common house types in the RM5 2SS postcode area are Semi-detached (119), Terraced (3), and Flat (2).

Total	124
Semi-detached	119
Terraced	3
Flat	2
Detached	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 (54), and Owned: Owns outright (32).

Owned: Owns with a mortgage or loan	54
Owned: Owns outright	32
Social rented: Rents from council or Local Authority	28
Private rented: Private landlord or letting agency	9
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the RM5 2SS have 4 people in household (29), and 2 people in household (28).

4 people in household	29
2 people in household	28
3 people in household	28
1 person in household	22
5 people in household	10
6 people in household	4
7 people in household	3
8 or more people in household	1
0 people in household	0