Housing Market Analysis for VERNON ROAD, RM5 3DE

Are you looking to understand RM5 3DE 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 3DE area, explore the RM5 3DE Area information page.
For comprehensive crime statistics in the RM5 3DE area, explore the RM5 3DE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the RM5 3DE postcode area, The average prices are as follows,

  • Flat
    • The average price is around £210,000 median price is £210,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 21 VERNON ROAD: £210,000 (Sold on 15 Sep 2017)
    • The first recorded sale happened at this postcode is 21 VERNON ROAD: £210,000 (Sold on 15 Sep 2017)
  • Terraced
    • The average price is around £261,250 median price is £250,000 Standard Deviation is £95,615 with Total Sold: 4
    • The Last 5 Year average price is £390,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 9 VERNON ROAD: £315,000 (Sold on 01 Mar 2017)
    • The first recorded sale happened at this postcode is 17 VERNON ROAD: £390,000 (Sold on 10 May 2024)
  • Semi-Detached
    • The average price is around £103,667 median price is £80,000 Standard Deviation is £52,156 with Total Sold: 3
    • The most recent sale happened at this postcode is 5 VERNON ROAD: £176,000 (Sold on 22 Apr 2005)
    • The first recorded sale happened at this postcode is 3 VERNON ROAD: £55,000 (Sold on 09 Jun 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average RM5 3DE 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£210,000 £3,134 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£315,000 £3,196 1
2011£185,000 £1,877 1
2005£155,0001
2024£390,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£176,000 £2,095 1
2001£80,0001
1995£55,0001

All the Sales in the VERNON ROAD, RM5 3DE

See the table below for more details on the sold house prices in the RM5 3DE, Havering postcode.

AddressSold DatePrice% Change
21 VERNON ROADFlat, LeaseholdArea: 67 Sq.mtrAge: 1950-196615 Sep 2017£210,000First Sale
9 VERNON ROADTerraced, FreeholdArea: 98.56 Sq.mtrAge: 1967-197501 Mar 2017£315,00070.27%
08 Sep 2011£185,000First Sale
11 VERNON ROADTerraced, Freehold06 May 2005£155,000First Sale
5 VERNON ROADSemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1950-196622 Apr 2005£176,000First Sale
3 VERNON ROADSemi-Detached, Freehold26 Jan 2001£80,00045.45%
09 Jun 1995£55,000First Sale
17 VERNON ROADTerraced, Freehold10 May 2024£390,000First Sale

Check out the sold house prices near the RM5 3DE postcode. Properties currently for saleProperties currently for rent

VERNON ROAD, RM5 3DE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the RM5 3DE 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 3DE postcode.

  • Detached
    • The average price is around £296,309 median price is £270,000 Standard Deviation is £171,254 with Total Sold: 195
    • The Last 5 Year average price is £515,221 with Total Sold: 33
    • 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)
  • Terraced
    • The average price is around £215,475 median price is £195,000 Standard Deviation is £112,033 with Total Sold: 613
    • The Last 5 Year average price is £371,194 with Total Sold: 109
    • 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)
  • Semi-Detached
    • The average price is around £238,898 median price is £220,000 Standard Deviation is £116,957 with Total Sold: 997
    • The Last 5 Year average price is £402,988 with Total Sold: 184
    • The most recent sale happened at this postcode is , 27 BELLE VUE ROAD: £605,000 (Sold on 27 Aug 2024)
    • The first recorded sale happened at this postcode is , 32 PRESTWOOD DRIVE: £53,950 (Sold on 19 Jan 1995)
  • Flat
    • The average price is around £166,149 median price is £165,000 Standard Deviation is £67,147 with Total Sold: 367
    • The Last 5 Year average price is £231,909 with Total Sold: 70
    • The most recent sale happened at this postcode is , 61 CHELMSFORD AVENUE: £300,000 (Sold on 20 May 2024)
    • The first recorded sale happened at this postcode is , 3 RAVENSWOOD CLOSE: £72,000 (Sold on 20 Jan 1995)
  • Other
    • The average price is around £573,471 median price is £250,000 Standard Deviation is £636,062 with Total Sold: 7
    • The Last 5 Year average price is £850,000 with Total Sold: 2
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£930,833 £3,896 3
2023£546,000 £5,182 2
2022£447,500 £5,659 4
2021£459,850 £5,371 8
2020£520,286 £5,240 7
2019£445,222 £4,283 9
2018£422,714 £4,744 7
2017£404,000 £4,244 5
2016£463,000 £4,057 6
2015£365,785 £3,825 7
2014£315,182 £3,409 11
2013£305,917 £3,345 6
2012£195,000 £2,832 3
2011£375,000 £4,454 1
2010£299,571 £2,975 7
2009£283,143 £2,881 7
2008£347,024 £3,884 4
2007£272,591 £3,419 11
2006£255,817 £3,047 11
2005£285,524 £2,140 7
2004£390,000 £3,391 1
2003£224,749 £2,161 6
2002£211,100 £2,116 10
2001£181,499 £1,354 4
2000£132,875 £1,486 8
1999£151,583 £1,871 12
1998£140,200 £1,096 10
1997£109,643 £1,441 7
1996£117,543 £903 7
1995£117,499 £768 4
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£414,712 £4,990 10
2023£387,900 £4,766 10
2022£408,000 £5,006 21
2021£364,243 £4,469 35
2020£351,750 £3,986 16
2019£322,912 £3,866 17
2018£356,941 £4,023 17
2017£332,688 £4,008 16
2016£343,486 £3,785 18
2015£261,441 £3,062 24
2014£244,896 £2,983 24
2013£216,100 £2,443 20
2012£195,730 £2,398 13
2011£209,545 £2,361 11
2010£180,250 £2,251 6
2009£175,856 £2,236 16
2008£249,448 £3,318 27
2007£241,076 £2,921 36
2006£193,415 £2,395 25
2005£179,091 £2,191 22
2004£182,250 £2,103 30
2003£161,067 £2,014 22
2002£122,976 £1,506 34
2001£106,618 £1,356 25
2000£99,332 £1,160 18
1999£78,620 £961 27
1998£71,104 £804 22
1997£71,963 £959 18
1996£59,550 £770 10
1995£61,782 £711 23
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£454,812 £4,529 8
2023£439,304 £5,335 28
2022£423,588 £5,053 34
2021£400,717 £4,635 53
2020£371,944 £4,489 27
2019£368,476 £4,063 34
2018£356,613 £4,083 31
2017£361,622 £4,197 41
2016£356,348 £4,292 29
2015£290,329 £3,348 35
2014£251,000 £2,889 39
2013£225,565 £2,602 36
2012£214,977 £2,554 29
2011£229,928 £2,561 21
2010£224,217 £2,980 23
2009£192,950 £2,175 10
2008£243,854 £2,492 34
2007£244,053 £3,078 58
2006£198,789 £2,330 43
2005£208,279 £2,224 32
2004£197,963 £2,202 43
2003£186,082 £2,253 36
2002£150,315 £1,754 62
2001£125,108 £1,607 40
2000£111,960 £1,302 25
1999£94,525 £1,016 37
1998£84,424 £954 29
1997£76,816 £852 30
1996£65,812 £765 20
1995£67,875 £741 30
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£226,400 £3,876 5
2023£233,722 £4,038 9
2022£246,925 £3,933 10
2021£226,872 £3,763 12
2020£237,838 £3,707 13
2019£224,500 £3,636 21
2018£228,938 £3,588 16
2017£233,333 £3,670 9
2016£211,500 £3,722 23
2015£203,560 £3,002 10
2014£167,766 £2,872 15
2013£139,357 £2,470 7
2012£148,455 £2,390 11
2011£133,778 £2,155 9
2010£153,964 £2,331 14
2009£150,636 £2,173 11
2008£174,216 £2,723 25
2007£183,450 £2,823 40
2006£153,044 £2,624 27
2005£127,978 £2,166 12
2004£113,400 £2,170 5
2003£101,785 £1,581 7
2002£95,356 £1,521 7
2001£72,559 £1,130 11
2000£60,415 £940 6
1999£61,915 £909 6
1998£52,428 £862 7
1997£43,556 £662 9
1996£35,300 £573 5
1995£32,500 £548 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£250,000 £4,167 1
2019£1,450,000 £14,500 1
2018£3,300 £49 1
2017£930,000 £2,917 2
2015£1,0001
2014£450,0001

House Type in RM5 3DE area

The most common house types in the RM5 3DE postcode area are Semi-detached (76), Flat (32), and Terraced (25).

Total135
Semi-detached76
Flat32
Terraced25
Detached1
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (46), and Owned: Owns with a mortgage or loan (45).

Social rented: Rents from council or Local Authority46
Owned: Owns with a mortgage or loan45
Owned: Owns outright23
Private rented: Private landlord or letting agency11
Social rented: Other social rented8
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the RM5 3DE have 4 people in household (35), and 2 people in household (33).

4 people in household35
2 people in household33
3 people in household27
1 person in household25
5 people in household9
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0