Housing Market Analysis for BOWER CLOSE, RM5 3SR

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £215,137 median price is £220,000 Standard Deviation is £112,175 with Total Sold: 29
- The Last 5 Year average price is £360,500 with Total Sold: 4
- The most recent sale happened at this postcode is 31 BOWER CLOSE: £425,000 (Sold on 31 Oct 2023)
- The first recorded sale happened at this postcode is 31 BOWER CLOSE: £59,995 (Sold on 28 Jul 1995)
Terraced
- The average price is around £218,750 median price is £201,500 Standard Deviation is £64,173 with Total Sold: 4
- The most recent sale happened at this postcode is 16 BOWER CLOSE: £323,000 (Sold on 27 Mar 2017)
- The first recorded sale happened at this postcode is 9 BOWER CLOSE: £149,000 (Sold on 31 Mar 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average RM5 3SR 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
2023	£425,000	£3,829	2
2020	£232,000	£2,189	1
2019	£360,000	£4,186	1
2017	£385,000	£3,862	2
2016	£352,500	£3,176	1
2014	£269,999	£3,176	1
2013	£241,250	£2,507	2
2009	£232,500	£2,500	2
2007	£255,498	£2,588	2
2006	£215,000	£2,471	1
2005	£214,998	£2,300	2
2004	£220,000		1
2003	£204,995		1
2001	£117,000		2
2000	£127,500	£1,071	1
1999	£60,000	£698	1
1998	£86,250		2
1997	£79,000	£706	2
1995	£61,998	£546	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£323,000	£3,589	1
2006	£210,000	£2,442	1
2005	£193,000		1
2003	£149,000		1

All the Sales in the BOWER CLOSE, RM5 3SR

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

Address	Sold Date	Price	% Change
31 BOWER CLOSESemi-Detached, FreeholdArea: 111 Sq.mtrAge: 1950-1966	31 Oct 2023	£425,000	0.0
	31 Oct 2023	£425,000	608.39%
	28 Jul 1995	£59,995	First Sale
4 BOWER CLOSESemi-Detached, FreeholdArea: 106 Sq.mtrAge: 1930-1949	26 Feb 2020	£232,000	First Sale
26 BOWER CLOSESemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1950-1966	13 Sep 2019	£360,000	First Sale
24 BOWER CLOSESemi-Detached, FreeholdArea: 107 Sq.mtrAge: 1950-1966	18 Dec 2017	£395,000	59.60%
	03 Sep 2013	£247,500	First Sale
8 BOWER CLOSESemi-Detached, FreeholdArea: 93 Sq.mtrAge: 1967-1975	07 Apr 2017	£375,000	First Sale
16 BOWER CLOSETerraced, FreeholdArea: 90 Sq.mtrAge: 1930-1949	27 Mar 2017	£323,000	First Sale
3 BOWER CLOSESemi-Detached, FreeholdArea: 111 Sq.mtrAge: 1930-1949	29 Jan 2016	£352,500	First Sale
32 BOWER CLOSESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1950-1966	03 Oct 2014	£269,999	10.21%
	18 Jun 2007	£244,995	First Sale
29 BOWER CLOSESemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1950-1966	22 Nov 2013	£235,000	9.30%
	16 Aug 2006	£215,000	First Sale
19 BOWER CLOSESemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1930-1949	10 Dec 2009	£215,000	10.26%
	30 Sep 2005	£194,995	224.99%
	20 Dec 1999	£60,000	First Sale
23 BOWER CLOSESemi-Detached, Freehold	17 Jul 2009	£250,000	21.95%
	11 Aug 2003	£204,995	139.76%
	16 Feb 1998	£85,500	15.54%
	30 Jan 1997	£74,000	First Sale
22 BOWER CLOSESemi-Detached, FreeholdArea: 116 Sq.mtrAge: 1930-1949	05 Nov 2007	£266,000	315.62%
	26 Oct 1995	£64,000	First Sale
34 BOWER CLOSETerraced, FreeholdArea: 86 Sq.mtrAge: 1930-1949	14 Jul 2006	£210,000	First Sale
33 BOWER CLOSESemi-Detached, Freehold	02 Dec 2005	£235,000	First Sale
9 BOWER CLOSETerraced, Freehold	06 Sep 2005	£193,000	29.53%
9 BOWER CLOSETerraced, Freehold	31 Mar 2003	£149,000	First Sale
20 BOWER CLOSESemi-Detached, Freehold	04 Nov 2004	£220,000	First Sale
7 BOWER CLOSESemi-Detached, Freehold	29 Jun 2001	£102,000	First Sale
21 BOWER CLOSESemi-Detached, Freehold	04 Apr 2001	£132,000	First Sale
2 BOWER CLOSESemi-Detached, FreeholdArea: 119 Sq.mtrAge: 1950-1966	27 Apr 2000	£127,500	51.79%
	20 Jun 1997	£84,000	First Sale
25 BOWER CLOSESemi-Detached, Freehold	04 Aug 1998	£87,000	First Sale

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

BOWER CLOSE, RM5 3SR Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £274,042 median price is £250,000 Standard Deviation is £138,331 with Total Sold: 1,318
- The Last 5 Year average price is £450,071 with Total Sold: 287
- The most recent sale happened at this postcode is , 1 SPEY WAY: £710,000 (Sold on 11 Sep 2024)
- The first recorded sale happened at this postcode is , 38 BERKELEY AVENUE: £64,300 (Sold on 09 Jan 1995)
Terraced
- The average price is around £236,274 median price is £218,000 Standard Deviation is £123,033 with Total Sold: 877
- The Last 5 Year average price is £416,086 with Total Sold: 151
- 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)
Flat
- The average price is around £157,434 median price is £152,000 Standard Deviation is £76,261 with Total Sold: 386
- The Last 5 Year average price is £257,213 with Total Sold: 71
- 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)
Detached
- The average price is around £308,600 median price is £295,000 Standard Deviation is £158,939 with Total Sold: 298
- The Last 5 Year average price is £532,857 with Total Sold: 42
- The most recent sale happened at this postcode is , 13A CAMPBELL CLOSE: £625,000 (Sold on 13 Jun 2024)
- The first recorded sale happened at this postcode is , 48 FELSTEAD ROAD: £113,000 (Sold on 02 Jun 1995)
Other
- The average price is around £315,675 median price is £283,000 Standard Deviation is £369,272 with Total Sold: 12
- The Last 5 Year average price is £348,857 with Total Sold: 7
- 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£528,041	£5,127	29
2023	£473,750	£5,163	42
2022	£487,000	£5,204	46
2021	£438,603	£4,797	65
2020	£422,378	£4,422	50
2019	£398,720	£4,225	55
2018	£413,589	£4,214	45
2017	£395,258	£4,243	33
2016	£397,402	£4,109	43
2015	£341,641	£3,510	44
2014	£298,322	£3,236	45
2013	£265,939	£2,914	47
2012	£247,132	£2,867	34
2011	£246,393	£2,633	35
2010	£248,169	£2,736	29
2009	£226,854	£2,541	31
2008	£238,138	£2,543	20
2007	£275,633	£2,918	69
2006	£234,606	£2,335	61
2005	£229,391	£2,294	46
2004	£229,578	£2,388	54
2003	£217,568	£2,265	37
2002	£175,357	£1,678	50
2001	£149,634	£1,677	51
2000	£133,785	£1,312	41
1999	£105,045	£1,238	36
1998	£101,754	£1,071	55
1997	£93,369	£1,015	37
1996	£84,024	£933	52
1995	£80,134	£825	36

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£430,926	£4,894	12
2023	£449,143	£4,947	21
2022	£466,396	£4,969	24
2021	£391,617	£4,506	50
2020	£392,264	£4,329	25
2019	£402,368	£4,278	19
2018	£367,486	£4,244	36
2017	£361,000	£4,266	32
2016	£349,027	£3,959	28
2015	£299,675	£3,173	32
2014	£258,400	£3,047	25
2013	£230,803	£2,615	28
2012	£223,889	£2,476	32
2011	£221,971	£2,648	19
2010	£214,536	£2,520	21
2009	£190,518	£2,327	27
2008	£237,450	£2,363	11
2007	£233,463	£2,607	48
2006	£203,161	£2,294	36
2005	£202,387	£2,206	32
2004	£185,538	£2,319	39
2003	£194,971	£1,959	43
2002	£142,536	£1,535	40
2001	£123,082	£1,437	41
2000	£106,804	£1,320	20
1999	£83,885	£985	30
1998	£86,861	£901	30
1997	£69,242	£831	25
1996	£64,315	£702	23
1995	£65,753	£719	28

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£277,833	£4,344	6
2023	£275,389	£4,416	9
2022	£278,533	£4,163	15
2021	£252,872	£4,337	12
2020	£235,908	£3,721	12
2019	£239,603	£3,800	17
2018	£254,773	£4,250	11
2017	£236,682	£3,738	11
2016	£218,763	£3,708	19
2015	£176,460	£2,793	9
2014	£168,772	£2,635	11
2013	£155,600	£2,302	5
2012	£154,200	£2,465	15
2011	£145,964	£2,181	14
2010	£138,846	£2,035	13
2009	£147,650	£2,063	10
2008	£169,785	£2,558	7
2007	£182,573	£2,740	20
2006	£152,882	£2,670	38
2005	£134,696	£2,149	14
2004	£130,799	£2,106	10
2003	£108,812	£1,641	8
2002	£95,278	£1,617	16
2001	£77,175	£1,474	14
2000	£81,641	£834	8
1999	£60,749	£879	14
1998	£53,942	£928	13
1997	£47,032	£830	14
1996	£40,800	£612	10
1995	£44,954	£758	11

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£625,000		1
2023	£634,625	£5,449	8
2022	£561,375	£5,515	8
2021	£465,385	£5,521	13
2020	£600,500	£5,576	4
2019	£466,875	£4,464	8
2018	£459,667	£4,051	12
2017	£457,083	£4,467	12
2016	£443,000	£4,294	10
2015	£346,961	£4,176	13
2014	£339,269	£3,551	13
2013	£337,450	£3,433	10
2012	£265,000	£2,554	2
2011	£364,998	£3,724	3
2010	£301,836	£3,048	7
2009	£294,333	£3,003	6
2008	£343,714	£3,103	7
2007	£312,818	£2,906	22
2006	£284,499	£3,838	8
2005	£342,999	£1,896	5
2004	£284,500	£2,799	14
2003	£312,280	£2,072	20
2002	£202,863	£2,221	11
2001	£187,832	£2,036	6
2000	£141,333	£1,670	12
1999	£149,458	£1,784	12
1998	£130,350	£1,330	10
1997	£113,750	£1,475	11
1996	£124,514	£1,020	22
1995	£87,844	£760	8

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£325,000	£4,643	1
2022	£250,000	£4,167	1
2021	£10,000		1
2019	£464,250	£9,657	4
2018	£130,100	£2,128	1
2017	£316,000		1
2015	£180,000	£2,069	1
2014	£340,000	£3,778	1
2013	£380,000	£4,935	1

House Type in RM5 3SR area

The most common house types in the RM5 3SR postcode area are Semi-detached (78), Flat (26), and Terraced (22).

Total	138
Semi-detached	78
Flat	26
Terraced	22
commercial building	5
Shared house	4
Detached	3
converted 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 (46), and Social rented: Rents from council or Local Authority (36).

Owned: Owns with a mortgage or loan	46
Social rented: Rents from council or Local Authority	36
Owned: Owns outright	27
Private rented: Private landlord or letting agency	16
Social rented: Other social rented	8
Private rented: Other private rented	4
Shared ownership: Shared ownership	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the RM5 3SR have 1 person in household (33), and 2 people in household (27).

1 person in household	33
2 people in household	27
4 people in household	27
3 people in household	26
5 people in household	18
6 people in household	3
7 people in household	2
8 or more people in household	2
0 people in household	0