Housing Market Analysis for VIRGINIA CLOSE, RM5 3TE

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £246,574 median price is £145,000 Standard Deviation is £130,281 with Total Sold: 17
    • The most recent sale happened at this postcode is 8 VIRGINIA CLOSE: £500,000 (Sold on 27 May 2016)
    • The first recorded sale happened at this postcode is 4 VIRGINIA CLOSE: £137,500 (Sold on 23 Aug 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average RM5 3TE 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£487,500 £3,915 2
2014£433,000 £3,437 1
2013£340,000 £2,693 2
2011£320,000 £2,490 1
2007£320,0001
2001£230,000 £1,908 1
1997£139,250 £1,105 1
1996£136,812 £1,074 8

All the Sales in the VIRGINIA CLOSE, RM5 3TE

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

AddressSold DatePrice% Change
8 VIRGINIA CLOSEDetached, FreeholdArea: 128.5 Sq.mtrAge: 1996-200227 May 2016£500,00056.25%
22 Feb 2011£320,000123.00%
20 Sep 1996£143,500First Sale
3 VIRGINIA CLOSEDetached, FreeholdArea: 120.57 Sq.mtrAge: 1991-199520 Jan 2016£475,000106.52%
19 Jun 2001£230,00073.58%
23 Aug 1996£132,500First Sale
6 VIRGINIA CLOSEDetached, FreeholdArea: 126 Sq.mtrAge: 1996-200215 Aug 2014£433,000210.95%
21 Feb 1997£139,250First Sale
7 VIRGINIA CLOSEDetached, FreeholdArea: 122.3 Sq.mtrAge: 1996-200229 Apr 2013£360,000148.28%
11 Oct 1996£145,000First Sale
2 VIRGINIA CLOSEDetached, FreeholdArea: 131 Sq.mtrAge: 1976-198225 Jan 2013£320,000141.51%
30 Aug 1996£132,500First Sale
9 VIRGINIA CLOSEDetached, Freehold25 Jun 2007£320,000134.86%
01 Nov 1996£136,250First Sale
5 VIRGINIA CLOSEDetached, Freehold03 Sep 1996£132,500First Sale
1 VIRGINIA CLOSEDetached, Freehold23 Aug 1996£134,750First Sale
4 VIRGINIA CLOSEDetached, Freehold23 Aug 1996£137,500First Sale

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

VIRGINIA CLOSE, RM5 3TE Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £228,466 median price is £208,000 Standard Deviation is £122,029 with Total Sold: 1,024
    • The Last 5 Year average price is £415,268 with Total Sold: 164
    • 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 £245,068 median price is £230,000 Standard Deviation is £126,820 with Total Sold: 1,110
    • The Last 5 Year average price is £413,597 with Total Sold: 211
    • 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)
  • Detached
    • The average price is around £311,311 median price is £292,500 Standard Deviation is £153,675 with Total Sold: 316
    • The Last 5 Year average price is £521,588 with Total Sold: 49
    • The most recent sale happened at this postcode is , 221 COLLIER ROW LANE: £535,000 (Sold on 15 Aug 2024)
    • The first recorded sale happened at this postcode is , 234 COLLIER ROW LANE: £121,500 (Sold on 12 Jan 1995)
  • Flat
    • The average price is around £142,329 median price is £137,500 Standard Deviation is £73,216 with Total Sold: 417
    • The Last 5 Year average price is £251,547 with Total Sold: 56
    • 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)
  • Other
    • The average price is around £306,609 median price is £314,250 Standard Deviation is £402,834 with Total Sold: 30
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£438,258 £5,295 14
2023£453,581 £5,340 31
2022£449,978 £5,047 29
2021£389,071 £4,512 42
2020£377,348 £4,276 29
2019£398,621 £4,407 19
2018£361,476 £4,487 46
2017£343,797 £4,322 37
2016£332,440 £4,017 25
2015£300,335 £3,388 42
2014£248,740 £3,037 25
2013£225,823 £2,569 37
2012£220,635 £2,546 33
2011£211,969 £2,580 26
2010£208,398 £2,580 27
2009£198,500 £2,411 26
2008£225,366 £2,323 15
2007£230,648 £2,633 57
2006£203,309 £2,505 41
2005£197,009 £2,233 40
2004£182,418 £2,242 43
2003£189,289 £2,070 51
2002£145,315 £1,705 41
2001£118,454 £1,487 47
2000£107,653 £1,259 26
1999£83,285 £1,012 38
1998£85,038 £964 35
1997£69,796 £836 36
1996£63,431 £717 34
1995£63,815 £763 32
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£471,789 £5,047 19
2023£430,659 £4,939 22
2022£457,235 £5,340 34
2021£412,754 £5,228 57
2020£387,718 £4,513 43
2019£363,486 £4,226 36
2018£386,822 £4,499 38
2017£373,332 £4,453 30
2016£372,397 £4,385 36
2015£312,307 £3,624 50
2014£257,620 £3,410 34
2013£236,622 £2,992 36
2012£227,489 £2,921 22
2011£218,309 £2,780 21
2010£234,958 £2,934 26
2009£213,688 £2,474 32
2008£231,869 £2,622 23
2007£251,197 £3,179 53
2006£218,384 £2,490 58
2005£210,676 £2,177 34
2004£206,547 £2,426 45
2003£205,765 £2,450 42
2002£159,162 £1,867 51
2001£130,198 £1,702 42
2000£116,715 £1,458 35
1999£96,167 £1,133 43
1998£91,307 £1,034 46
1997£77,248 £916 31
1996£72,662 £952 37
1995£74,125 £795 34
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£556,2502
2023£579,625 £5,311 8
2022£561,500 £5,537 7
2021£466,987 £5,468 15
2020£601,400 £5,443 5
2019£488,833 £4,169 12
2018£481,300 £3,920 10
2017£418,100 £4,343 10
2016£445,222 £3,751 9
2015£362,533 £3,851 15
2014£331,866 £3,507 15
2013£290,222 £3,169 9
2012£327,500 £3,041 4
2011£320,799 £3,279 5
2010£286,350 £2,997 11
2009£343,200 £2,498 5
2008£295,143 £3,569 7
2007£314,428 £2,787 21
2006£303,818 £3,208 11
2005£332,785 £2,829 7
2004£298,166 £2,686 15
2003£318,821 £2,163 19
2002£235,353 £2,265 17
2001£198,389 £1,887 5
2000£164,454 £1,251 12
1999£142,214 £1,602 7
1998£136,807 £1,294 13
1997£99,917 £930 9
1996£118,774 £990 23
1995£95,688 £732 8
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£250,5003
2023£258,300 £4,503 10
2022£293,250 £4,661 10
2021£243,224 £4,236 11
2020£230,309 £4,172 11
2019£237,341 £4,394 11
2018£225,647 £4,343 17
2017£239,333 £4,438 15
2016£202,750 £3,669 24
2015£184,800 £3,270 10
2014£160,318 £3,500 11
2013£144,000 £2,586 8
2012£144,269 £2,461 13
2011£141,250 £2,589 10
2010£141,429 £2,654 7
2009£146,464 £2,309 14
2008£149,636 £2,345 11
2007£151,047 £2,793 21
2006£138,984 £2,645 16
2005£132,869 £2,569 21
2004£132,264 £2,344 17
2003£102,731 £2,036 13
2002£94,138 £1,814 22
2001£79,756 £1,651 24
2000£58,562 £1,048 16
1999£58,708 £1,192 18
1998£55,708 £1,059 18
1997£44,103 £899 18
1996£44,236 £893 7
1995£37,950 £718 10
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£395,000 £4,643 2
2022£1,0001
2021£323,000 £510 5
2019£77,571 £5,395 7
2018£180,000 £4,070 2
2017£423,6673
2016£202,125 £12 4
2015£772,442 £4,444 4
2014£340,000 £3,778 1
2013£380,000 £4,935 1

House Type in RM5 3TE area

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

Total147
Semi-detached77
Detached39
Terraced31
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

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 outright83
Owned: Owns with a mortgage or loan53
Private rented: Private landlord or letting agency8
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

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

2 people in household53
1 person in household44
3 people in household23
4 people in household16
5 people in household7
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0