Housing Market Analysis for IRONS WAY, RM5 3RJ

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £233,258 median price is £240,000 Standard Deviation is £120,027 with Total Sold: 31
- The Last 5 Year average price is £395,000 with Total Sold: 4
- The most recent sale happened at this postcode is 9 IRONS WAY: £415,000 (Sold on 22 Oct 2021)
- The first recorded sale happened at this postcode is 10 IRONS WAY: £86,500 (Sold on 15 Mar 1996)
Detached
- The average price is around £350,900 median price is £357,000 Standard Deviation is £43,362 with Total Sold: 5
- The Last 5 Year average price is £376,000 with Total Sold: 2
- The most recent sale happened at this postcode is 1D IRONS WAY: £357,000 (Sold on 13 Aug 2021)
- The first recorded sale happened at this postcode is 1D IRONS WAY: £307,500 (Sold on 22 May 2015)
Terraced
- The average price is around £296,625 median price is £293,250 Standard Deviation is £100,258 with Total Sold: 4
- The Last 5 Year average price is £425,000 with Total Sold: 1
- The most recent sale happened at this postcode is 1C IRONS WAY: £425,000 (Sold on 04 Dec 2020)
- The first recorded sale happened at this postcode is 8 IRONS WAY: £175,000 (Sold on 14 Feb 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average RM5 3RJ 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	£370,000	£5,326	3
2020	£470,000	£3,917	1
2018	£380,000	£3,363	1
2017	£477,000	£3,641	1
2015	£318,333	£3,571	3
2014	£250,000	£3,604	2
2013	£252,875	£3,175	4
2009	£175,000	£2,572	1
2007	£309,995	£4,493	1
2006	£215,250	£1,904	4
2003	£208,000	£4,796	1
2001	£124,000	£2,214	1
1999	£80,000	£1,153	2
1998	£85,333		3
1996	£77,833	£1,497	3

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£376,000	£4,167	2
2018	£400,000	£3,200	1
2015	£301,250	£3,886	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£425,000	£4,722	1
2017	£360,000	£4,186	1
2005	£226,500	£2,634	1
2003	£175,000	£2,035	1

All the Sales in the IRONS WAY, RM5 3RJ

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

Address	Sold Date	Price	% Change
9 IRONS WAYSemi-Detached, FreeholdArea: 113 Sq.mtrAge: 1950-1966	22 Oct 2021	£415,000	9.21%
	31 May 2018	£380,000	First Sale
1D IRONS WAYDetached, FreeholdArea: 69 Sq.mtr	13 Aug 2021	£357,000	16.10%
	22 May 2015	£307,500	-0.80%
	07 Dec 2007	£309,995	First Sale
26 IRONS WAYSemi-Detached, FreeholdArea: 57 Sq.mtrAge: 1930-1949	19 Mar 2021	£335,000	First Sale
17 IRONS WAYSemi-Detached, FreeholdArea: 56 Sq.mtrAge: 1950-1966	26 Feb 2021	£360,000	190.32%
	22 Jan 2001	£124,000	First Sale
18 IRONS WAYDetached, FreeholdArea: 125 Sq.mtrAge: 1967-1975	06 Jan 2021	£395,000	-1.25%
	01 Aug 2018	£400,000	First Sale
1C IRONS WAYTerraced, FreeholdArea: 90 Sq.mtrAge: 1976-1982	04 Dec 2020	£425,000	First Sale
3C IRONS WAYSemi-Detached, FreeholdArea: 120 Sq.mtrAge: 1950-1966	06 Nov 2020	£470,000	First Sale
2 IRONS WAYSemi-Detached, FreeholdArea: 131 Sq.mtrAge: 1950-1966	01 Dec 2017	£477,000	99.58%
	18 Jul 2006	£239,000	First Sale
8 IRONS WAYTerraced, FreeholdArea: 86 Sq.mtrAge: 1950-1966	21 Nov 2017	£360,000	58.94%
	14 Oct 2005	£226,500	29.43%
	14 Feb 2003	£175,000	First Sale
12 IRONS WAYDetached, FreeholdArea: 89 Sq.mtrAge: 1950-1966	19 Oct 2015	£295,000	13.46%
12 IRONS WAYDetached, FreeholdArea: 89 Sq.mtrAge: 1950-1966	04 Dec 2014	£260,000	First Sale
16 IRONS WAYSemi-Detached, FreeholdArea: 121 Sq.mtrAge: 1950-1966	04 Sep 2015	£390,000	62.50%
	25 Sep 2006	£240,000	First Sale
6 IRONS WAYSemi-Detached, FreeholdArea: 98 Sq.mtrAge: 1950-1966	13 Apr 2015	£320,000	First Sale
15 IRONS WAYSemi-Detached, FreeholdArea: 58 Sq.mtrAge: 1950-1966	30 Jan 2015	£245,000	First Sale
24 IRONS WAYSemi-Detached, FreeholdArea: 56 Sq.mtrAge: 1950-1966	19 Sep 2014	£240,000	215.79%
	06 Dec 1996	£76,000	First Sale
1B IRONS WAYSemi-Detached, FreeholdArea: 97 Sq.mtrAge: 1983-1990	21 Nov 2013	£250,000	First Sale
7 IRONS WAYSemi-Detached, FreeholdArea: 43.37 Sq.mtrAge: 1950-1966	23 Oct 2013	£228,000	9.62%
	28 Oct 2003	£208,000	316.00%
	21 May 1999	£50,000	-29.58%
	22 May 1996	£71,000	First Sale
1A IRONS WAYSemi-Detached, FreeholdArea: 106 Sq.mtrAge: 1983-1990	22 Aug 2013	£283,500	First Sale
1 IRONS WAYSemi-Detached, FreeholdArea: 114 Sq.mtrAge: 1976-1982	02 Jan 2013	£249,999	First Sale
13 IRONS WAYSemi-Detached, FreeholdArea: 68.03 Sq.mtrAge: 1950-1966	29 May 2009	£175,000	First Sale
21 IRONS WAYSemi-Detached, Freehold	15 Nov 2006	£187,000	First Sale
19 IRONS WAYSemi-Detached, Freehold	06 Oct 2006	£195,000	225.00%
19 IRONS WAYSemi-Detached, Freehold	25 Sep 1998	£60,000	First Sale
22 IRONS WAYSemi-Detached, Freehold	22 Jul 1999	£110,000	34.97%
22 IRONS WAYSemi-Detached, Freehold	16 Mar 1998	£81,500	First Sale
14 IRONS WAYSemi-Detached, Freehold	19 Jun 1998	£114,500	First Sale
10 IRONS WAYSemi-Detached, Freehold	15 Mar 1996	£86,500	First Sale

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

IRONS WAY, RM5 3RJ Near By properties

Interactive Map

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

Terraced
- The average price is around £226,056 median price is £202,000 Standard Deviation is £120,683 with Total Sold: 1,083
- The Last 5 Year average price is £407,665 with Total Sold: 178
- 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 £241,440 median price is £225,500 Standard Deviation is £125,495 with Total Sold: 1,090
- The Last 5 Year average price is £412,221 with Total Sold: 196
- 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 £138,635 median price is £132,500 Standard Deviation is £72,432 with Total Sold: 383
- The Last 5 Year average price is £248,853 with Total Sold: 46
- The most recent sale happened at this postcode is , 27A ERITH CRESCENT: £261,500 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is , 8 ERITH CRESCENT: £32,500 (Sold on 13 Apr 1995)
Detached
- The average price is around £310,650 median price is £290,000 Standard Deviation is £152,574 with Total Sold: 295
- The Last 5 Year average price is £518,050 with Total Sold: 46
- 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 , 234 COLLIER ROW LANE: £121,500 (Sold on 12 Jan 1995)
Other
- The average price is around £310,975 median price is £316,000 Standard Deviation is £409,022 with Total Sold: 29
- The Last 5 Year average price is £196,600 with Total Sold: 15
- The most recent sale happened at this postcode is , 28 BROCKLEY CRESCENT: £325,000 (Sold on 23 Jun 2023)
- 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£440,038	£5,295	16
2023	£449,690	£5,349	29
2022	£437,270	£5,221	31
2021	£380,383	£4,549	47
2020	£376,148	£4,305	31
2019	£391,200	£4,360	24
2018	£360,398	£4,482	50
2017	£343,689	£4,368	37
2016	£329,942	£4,058	26
2015	£303,575	£3,451	41
2014	£247,278	£3,096	27
2013	£226,802	£2,616	38
2012	£212,264	£2,516	32
2011	£206,450	£2,564	26
2010	£204,713	£2,552	27
2009	£199,534	£2,428	29
2008	£223,156	£2,323	16
2007	£231,899	£2,682	55
2006	£201,004	£2,475	49
2005	£195,997	£2,228	41
2004	£181,316	£2,260	49
2003	£187,848	£2,061	51
2002	£140,231	£1,681	43
2001	£116,078	£1,438	55
2000	£105,534	£1,264	29
1999	£83,621	£1,006	40
1998	£83,776	£986	39
1997	£71,171	£897	36
1996	£63,504	£729	37
1995	£64,097	£758	32

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£455,125	£5,438	16
2023	£439,735	£4,891	17
2022	£452,364	£5,291	33
2021	£416,526	£5,185	57
2020	£381,422	£4,576	40
2019	£367,000	£4,274	33
2018	£386,750	£4,420	37
2017	£368,047	£4,567	31
2016	£377,666	£4,472	38
2015	£308,232	£3,619	49
2014	£255,062	£3,364	32
2013	£235,308	£2,989	35
2012	£217,943	£2,874	22
2011	£216,500	£2,687	22
2010	£230,796	£2,950	25
2009	£210,767	£2,476	30
2008	£232,300	£2,410	25
2007	£248,401	£3,150	51
2006	£217,422	£2,485	54
2005	£214,000	£2,341	35
2004	£203,220	£2,412	48
2003	£207,194	£2,485	42
2002	£156,224	£1,872	48
2001	£131,371	£1,632	40
2000	£118,654	£1,466	36
1999	£95,738	£1,127	43
1998	£89,460	£1,037	47
1997	£75,820	£893	35
1996	£71,357	£910	35
1995	£73,272	£768	34

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£225,750		2
2023	£278,571	£5,170	7
2022	£298,929	£4,897	7
2021	£240,136	£4,457	11
2020	£226,900	£4,195	10
2019	£226,972	£4,611	9
2018	£224,222	£4,331	18
2017	£238,750	£4,509	14
2016	£197,619	£3,844	21
2015	£184,800	£3,270	10
2014	£157,409	£3,542	11
2013	£139,333	£2,670	6
2012	£140,833	£2,442	12
2011	£141,250	£2,589	10
2010	£138,333	£2,661	6
2009	£147,417	£2,394	12
2008	£143,722	£2,318	9
2007	£149,899	£2,830	20
2006	£137,078	£2,695	16
2005	£130,602	£2,644	17
2004	£132,093	£2,452	16
2003	£99,857	£1,982	14
2002	£94,081	£1,946	19
2001	£80,461	£1,715	22
2000	£57,899	£1,052	15
1999	£58,708	£1,192	18
1998	£52,416	£1,080	15
1997	£43,939	£886	19
1996	£43,081	£847	8
1995	£37,722	£718	9

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£566,700	£5,203	10
2022	£568,100	£5,728	5
2021	£468,062	£5,526	13
2020	£601,400	£5,443	5
2019	£479,308	£4,162	13
2018	£467,889	£3,863	9
2017	£418,100	£4,343	10
2016	£445,222	£3,751	9
2015	£345,571	£3,885	14
2014	£335,666	£3,466	12
2013	£296,950	£3,231	10
2012	£302,000	£2,801	5
2011	£308,166	£3,148	6
2010	£286,350	£2,997	11
2009	£316,000	£2,756	6
2008	£292,667	£2,410	6
2007	£311,389	£2,829	18
2006	£319,937	£3,084	8
2005	£329,142	£2,060	7
2004	£303,607	£2,686	14
2003	£321,035	£2,253	17
2002	£239,176	£2,285	17
2001	£198,389	£1,887	5
2000	£157,625	£1,251	12
1999	£130,333	£1,495	9
1998	£139,611	£1,170	9
1997	£98,250	£924	9
1996	£121,140	£1,019	20
1995	£92,250	£760	6

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£395,000	£4,643	2
2022	£1,000		1
2021	£323,000	£510	5
2019	£77,571	£5,395	7
2018	£180,000	£4,070	2
2017	£423,667		3
2016	£202,125	£12	4
2015	£969,923	£6,818	3
2014	£340,000	£3,778	1
2013	£380,000	£4,935	1

House Type in RM5 3RJ area

The most common house types in the RM5 3RJ postcode area are Semi-detached (77), Detached (39), and Terraced (31).

Total	147
Semi-detached	77
Detached	39
Terraced	31
Flat	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 outright (83), and Owned: Owns with a mortgage or loan (53).

Owned: Owns outright	83
Owned: Owns with a mortgage or loan	53
Private rented: Private landlord or letting agency	8
Private rented: Other private rented	3
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the RM5 3RJ have 2 people in household (53), and 1 person in household (44).

2 people in household	53
1 person in household	44
3 people in household	23
4 people in household	16
5 people in household	7
6 people in household	3
0 people in household	0
7 people in household	0
8 or more people in household	0