Housing Market Analysis for THE DRIVE, RM5 3TS

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £267,071 median price is £250,000 Standard Deviation is £78,752 with Total Sold: 7
    • The most recent sale happened at this postcode is 4 THE DRIVE: £390,000 (Sold on 25 May 2018)
    • The first recorded sale happened at this postcode is 1 THE DRIVE: £135,000 (Sold on 18 Mar 1999)
  • Terraced
    • The average price is around £177,498 median price is £177,498 Standard Deviation is £42,502 with Total Sold: 2
    • The most recent sale happened at this postcode is 2 THE DRIVE: £220,000 (Sold on 22 Nov 2002)
    • The first recorded sale happened at this postcode is 2 THE DRIVE: £134,995 (Sold on 05 Jun 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average RM5 3TS 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£390,000 £5,493 1
2010£227,000 £2,941 1
2008£244,000 £1,919 2
2007£272,5001
2004£357,0001
1999£135,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2002£220,0001
1998£134,9951

All the Sales in the THE DRIVE, RM5 3TS

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

AddressSold DatePrice% Change
4 THE DRIVESemi-Detached, FreeholdArea: 71 Sq.mtrAge: 1930-194925 May 2018£390,000First Sale
5 THE DRIVESemi-Detached, FreeholdArea: 77.18 Sq.mtrAge: 1930-194903 Dec 2010£227,000First Sale
6 THE DRIVESemi-Detached, FreeholdArea: 124 Sq.mtrAge: 1930-194903 Oct 2008£238,000First Sale
3 THE DRIVESemi-Detached, Freehold16 Jun 2008£250,000First Sale
7 THE DRIVESemi-Detached, Freehold06 Mar 2007£272,500First Sale
1 THE DRIVESemi-Detached, Freehold05 Apr 2004£357,000164.44%
18 Mar 1999£135,000First Sale
2 THE DRIVETerraced, Freehold22 Nov 2002£220,00062.97%
05 Jun 1998£134,995First Sale

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

THE DRIVE, RM5 3TS Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £231,540 median price is £210,000 Standard Deviation is £120,584 with Total Sold: 1,050
    • The Last 5 Year average price is £406,055 with Total Sold: 188
    • 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)
  • Detached
    • The average price is around £315,099 median price is £300,000 Standard Deviation is £156,590 with Total Sold: 305
    • The Last 5 Year average price is £521,052 with Total Sold: 48
    • 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)
  • Semi-Detached
    • The average price is around £248,678 median price is £233,000 Standard Deviation is £128,753 with Total Sold: 1,077
    • The Last 5 Year average price is £419,169 with Total Sold: 201
    • The most recent sale happened at this postcode is , 38 GOBIONS AVENUE: £485,000 (Sold on 09 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 £134,112 median price is £129,000 Standard Deviation is £73,642 with Total Sold: 376
    • The Last 5 Year average price is £240,495 with Total Sold: 47
    • 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 £358,051 median price is £325,000 Standard Deviation is £418,545 with Total Sold: 25
    • The Last 5 Year average price is £223,909 with Total Sold: 11
    • 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£435,433 £5,094 15
2023£435,069 £5,157 36
2022£436,705 £5,021 36
2021£378,018 £4,487 48
2020£370,725 £4,317 36
2019£407,765 £4,283 17
2018£355,273 £4,434 49
2017£349,553 £4,470 38
2016£339,186 £4,032 28
2015£296,829 £3,357 38
2014£251,344 £2,983 32
2013£222,093 £2,623 37
2012£219,822 £2,586 34
2011£207,200 £2,599 31
2010£204,233 £2,572 29
2009£188,900 £2,414 25
2008£212,357 £2,383 14
2007£219,095 £2,523 52
2006£202,787 £2,569 41
2005£201,702 £2,238 40
2004£181,214 £2,239 42
2003£184,740 £1,947 51
2002£148,424 £1,722 41
2001£118,377 £1,444 46
2000£107,923 £1,328 28
1999£83,766 £999 34
1998£84,760 £967 33
1997£70,102 £853 36
1996£63,840 £727 30
1995£63,354 £749 33
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£556,2502
2023£589,812 £5,359 8
2022£561,312 £5,518 8
2021£464,800 £5,905 15
2020£605,400 £5,218 5
2019£469,000 £4,951 10
2018£481,300 £3,920 10
2017£446,273 £4,818 11
2016£450,636 £3,919 11
2015£361,206 £4,218 17
2014£333,692 £3,440 13
2013£288,857 £3,096 7
2012£319,000 £3,043 5
2011£319,799 £3,304 5
2010£292,550 £3,262 7
2009£313,917 £2,993 6
2008£295,143 £3,569 7
2007£315,275 £2,900 20
2006£308,200 £2,676 10
2005£355,099 £3,387 5
2004£292,218 £2,609 16
2003£316,137 £2,039 19
2002£235,357 £2,291 14
2001£188,658 £1,947 6
2000£173,086 £1,592 11
1999£160,667 £1,782 3
1998£123,079 £1,251 12
1997£110,344 £888 8
1996£114,672 £965 25
1995£93,278 £838 9
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£472,316 £5,393 19
2023£436,370 £5,158 23
2022£467,759 £5,200 27
2021£423,205 £5,205 56
2020£383,484 £4,549 38
2019£377,395 £4,244 38
2018£389,707 £4,487 35
2017£375,908 £4,468 33
2016£384,189 £4,366 36
2015£323,520 £3,550 43
2014£265,027 £3,430 40
2013£239,717 £3,108 33
2012£234,812 £3,108 28
2011£212,119 £2,744 21
2010£233,996 £2,729 25
2009£219,225 £2,562 37
2008£235,838 £2,690 26
2007£254,535 £3,208 50
2006£217,087 £2,444 57
2005£212,906 £2,177 32
2004£211,492 £2,509 43
2003£207,990 £2,394 36
2002£161,472 £1,845 45
2001£128,098 £1,718 40
2000£115,434 £1,448 29
1999£95,288 £1,135 44
1998£93,224 £1,107 49
1997£79,006 £916 30
1996£74,243 £977 35
1995£75,508 £887 29
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£225,7502
2023£256,444 £4,511 9
2022£303,750 £5,033 6
2021£218,458 £4,704 12
2020£226,900 £4,195 10
2019£228,844 £4,845 8
2018£225,067 £4,416 15
2017£240,833 £4,525 15
2016£207,906 £4,214 16
2015£181,450 £3,263 10
2014£156,389 £3,688 9
2013£140,214 £2,864 7
2012£138,833 £2,559 9
2011£138,077 £2,620 13
2010£131,000 £2,694 6
2009£144,944 £2,509 9
2008£157,199 £2,871 5
2007£151,110 £2,939 18
2006£135,839 £2,926 14
2005£129,566 £2,862 15
2004£132,082 £2,537 18
2003£101,429 £2,153 14
2002£88,763 £1,840 21
2001£77,972 £1,762 24
2000£58,916 £1,187 18
1999£57,486 £1,199 19
1998£53,208 £1,137 17
1997£43,962 £952 17
1996£41,700 £883 8
1995£37,250 £743 12
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£395,000 £4,643 2
2022£1,0001
2021£323,000 £510 5
2019£19,0003
2018£180,000 £4,070 2
2017£382,750 £1,576 4
2016£393,7502
2015£772,442 £4,444 4
2014£340,000 £3,778 1
2013£380,000 £4,935 1

House Type in RM5 3TS area

The most common house types in the RM5 3TS postcode area are Semi-detached (82), Terraced (29), and Detached (13).

Total130
Semi-detached82
Terraced29
Detached13
Flat6
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 (53), and Owned: Owns with a mortgage or loan (42).

Owned: Owns outright53
Owned: Owns with a mortgage or loan42
Social rented: Rents from council or Local Authority24
Private rented: Private landlord or letting agency8
Private rented: Other private rented2
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the RM5 3TS have 2 people in household (43), and 1 person in household (37).

2 people in household43
1 person in household37
4 people in household19
3 people in household18
5 people in household8
6 people in household4
7 people in household2
0 people in household0
8 or more people in household0