Housing Market Analysis for PACEHEATH CLOSE, RM5 3DN

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £283,499 median price is £279,995 Standard Deviation is £124,595 with Total Sold: 5
    • The Last 5 Year average price is £412,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 6 PACEHEATH CLOSE: £400,000 (Sold on 12 Mar 2021)
    • The first recorded sale happened at this postcode is 6 PACEHEATH CLOSE: £80,000 (Sold on 02 Aug 1995)
  • Semi-Detached
    • The average price is around £255,500 median price is £215,000 Standard Deviation is £85,949 with Total Sold: 3
    • The Last 5 Year average price is £375,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 4 PACEHEATH CLOSE: £375,000 (Sold on 22 Feb 2019)
    • The first recorded sale happened at this postcode is 4 PACEHEATH CLOSE: £176,500 (Sold on 20 Jul 2001)
  • Detached
    • The average price is around £370,000 median price is £370,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 7 PACEHEATH CLOSE: £370,000 (Sold on 26 Nov 2015)
    • The first recorded sale happened at this postcode is 7 PACEHEATH CLOSE: £370,000 (Sold on 26 Nov 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average RM5 3DN 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
2021£400,000 £5,634 1
2020£425,000 £3,400 1
2007£279,995 £2,240 1
2004£232,500 £1,860 1
1995£80,000 £1,127 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£375,000 £4,032 1
2002£215,0001
2001£176,500 £1,898 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£370,000 £3,058 1

All the Sales in the PACEHEATH CLOSE, RM5 3DN

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

AddressSold DatePrice% Change
6 PACEHEATH CLOSETerraced, FreeholdArea: 71 Sq.mtrAge: 1991-199512 Mar 2021£400,000400.00%
02 Aug 1995£80,000First Sale
2 PACEHEATH CLOSETerraced, FreeholdArea: 125 Sq.mtrAge: 1983-199011 Dec 2020£425,00051.79%
24 Aug 2007£279,99520.43%
13 Sep 2004£232,500First Sale
4 PACEHEATH CLOSESemi-Detached, FreeholdArea: 93 Sq.mtrAge: 1967-197522 Feb 2019£375,000112.46%
20 Jul 2001£176,500First Sale
7 PACEHEATH CLOSEDetached, FreeholdArea: 121 Sq.mtrAge: 1996-200226 Nov 2015£370,000First Sale
3 PACEHEATH CLOSESemi-Detached, Freehold15 Mar 2002£215,000First Sale

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

PACEHEATH CLOSE, RM5 3DN Near By properties

Interactive Map

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

  • Detached
    • The average price is around £287,627 median price is £265,000 Standard Deviation is £139,330 with Total Sold: 303
    • The Last 5 Year average price is £468,032 with Total Sold: 41
    • 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 , 7 MERLIN ROAD: £59,995 (Sold on 25 May 1995)
  • Terraced
    • The average price is around £222,622 median price is £204,000 Standard Deviation is £116,860 with Total Sold: 999
    • The Last 5 Year average price is £389,071 with Total Sold: 172
    • The most recent sale happened at this postcode is , 36 FELSTEAD ROAD: £460,000 (Sold on 06 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 £238,572 median price is £220,000 Standard Deviation is £120,187 with Total Sold: 1,099
    • The Last 5 Year average price is £405,316 with Total Sold: 200
    • 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 , 38 BERKELEY AVENUE: £64,300 (Sold on 09 Jan 1995)
  • Flat
    • The average price is around £163,527 median price is £160,000 Standard Deviation is £70,266 with Total Sold: 557
    • The Last 5 Year average price is £242,557 with Total Sold: 108
    • The most recent sale happened at this postcode is , 170 CHELMSFORD AVENUE: £287,000 (Sold on 30 Jul 2024)
    • The first recorded sale happened at this postcode is , 171 CHELMSFORD AVENUE: £45,000 (Sold on 27 Jan 1995)
  • Other
    • The average price is around £307,011 median price is £210,000 Standard Deviation is £424,555 with Total Sold: 9
    • The Last 5 Year average price is £345,400 with Total Sold: 5
    • 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 , 93A CHASE CROSS ROAD: £380,000 (Sold on 14 Jun 2013)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£392,5001
2023£558,000 £4,214 4
2022£489,167 £5,938 6
2021£452,800 £5,365 11
2020£449,571 £5,252 7
2019£458,500 £4,318 12
2018£426,357 £4,304 14
2017£455,000 £4,113 10
2016£443,300 £4,063 10
2015£347,541 £4,150 12
2014£326,562 £3,407 16
2013£297,550 £3,052 10
2012£284,167 £2,880 6
2011£332,499 £3,461 4
2010£287,785 £2,882 10
2009£283,143 £2,881 7
2008£304,262 £3,419 8
2007£278,643 £2,872 21
2006£260,606 £2,949 14
2005£269,778 £2,272 6
2004£297,300 £2,533 10
2003£232,555 £2,150 9
2002£219,000 £2,222 18
2001£200,991 £1,607 6
2000£140,730 £1,534 13
1999£144,500 £1,867 12
1998£131,000 £917 12
1997£108,205 £1,239 11
1996£123,779 £1,077 19
1995£74,874 £707 4
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£422,008 £4,990 15
2023£420,045 £4,977 22
2022£423,143 £4,986 28
2021£373,358 £4,482 53
2020£372,874 £4,127 27
2019£357,241 £4,020 27
2018£357,984 £4,132 31
2017£345,926 £4,329 34
2016£331,625 £3,909 30
2015£283,228 £3,132 42
2014£247,557 £3,021 35
2013£219,824 £2,501 34
2012£201,658 £2,360 25
2011£207,736 £2,532 21
2010£204,328 £2,461 16
2009£183,037 £2,253 32
2008£247,697 £3,252 31
2007£240,698 £2,752 57
2006£193,069 £2,317 46
2005£185,173 £2,167 37
2004£183,275 £2,290 49
2003£167,897 £1,960 39
2002£124,455 £1,513 41
2001£109,428 £1,331 40
2000£99,219 £1,177 25
1999£79,828 £974 39
1998£77,193 £850 37
1997£68,506 £857 23
1996£62,177 £727 24
1995£62,810 £721 39
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£445,731 £4,795 13
2023£421,875 £5,190 28
2022£442,226 £5,189 31
2021£402,348 £4,872 58
2020£382,703 £4,198 34
2019£372,200 £4,182 36
2018£363,378 £3,963 37
2017£356,086 £4,298 35
2016£369,917 £4,259 35
2015£303,334 £3,259 41
2014£254,162 £2,970 37
2013£231,371 £2,566 37
2012£210,654 £2,555 31
2011£211,361 £2,586 18
2010£228,580 £3,031 25
2009£194,895 £2,376 19
2008£240,931 £2,509 36
2007£249,837 £2,787 59
2006£213,508 £2,253 55
2005£207,220 £2,045 36
2004£198,968 £2,295 49
2003£193,662 £2,362 40
2002£149,017 £1,725 58
2001£129,312 £1,550 44
2000£111,649 £1,297 35
1999£92,684 £1,021 39
1998£85,369 £962 42
1997£78,109 £925 31
1996£68,335 £858 28
1995£69,704 £723 32
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£249,900 £4,063 10
2023£249,808 £4,128 13
2022£268,597 £4,125 18
2021£239,831 £4,114 18
2020£232,295 £3,644 20
2019£229,379 £3,661 29
2018£245,176 £3,804 17
2017£239,765 £3,697 17
2016£210,219 £3,593 32
2015£179,319 £2,882 18
2014£164,361 £2,637 18
2013£143,750 £2,361 10
2012£152,316 £2,395 19
2011£140,500 £2,162 17
2010£140,000 £2,245 20
2009£150,200 £2,158 15
2008£172,580 £2,759 30
2007£181,512 £2,750 43
2006£155,972 £2,709 55
2005£129,514 £2,147 18
2004£125,125 £2,114 8
2003£108,591 £1,727 11
2002£93,675 £1,570 14
2001£75,520 £1,273 15
2000£58,141 £780 8
1999£57,570 £835 14
1998£51,550 £909 10
1997£44,372 £713 16
1996£38,864 £589 11
1995£38,653 £611 13
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£250,000 £4,167 1
2021£10,0001
2019£489,000 £14,500 3
2018£130,100 £2,128 1
2017£263,000 £2,917 2
2013£380,000 £4,935 1

House Type in RM5 3DN area

The most common house types in the RM5 3DN postcode area are Semi-detached (46), Terraced (45), and Detached (23).

Total138
Semi-detached46
Terraced45
Detached23
Flat19
Shared house4
converted building1
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (61), and Owned: Owns with a mortgage or loan (51).

Owned: Owns outright61
Owned: Owns with a mortgage or loan51
Private rented: Private landlord or letting agency16
Social rented: Rents from council or Local Authority5
Social rented: Other social rented5
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the RM5 3DN have 2 people in household (58), and 1 person in household (32).

2 people in household58
1 person in household32
3 people in household22
4 people in household17
5 people in household7
7 people in household3
0 people in household0
6 people in household0
8 or more people in household0