Housing Market Analysis for MERLIN CLOSE, RM5 3YB

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £313,833 median price is £310,000 Standard Deviation is £82,074 with Total Sold: 15
    • The Last 5 Year average price is £384,929 with Total Sold: 7
    • The most recent sale happened at this postcode is 12 MERLIN CLOSE: £382,500 (Sold on 25 Feb 2022)
    • The first recorded sale happened at this postcode is 8 MERLIN CLOSE: £412,000 (Sold on 10 Nov 2023)
  • Semi-Detached
    • The average price is around £157,998 median price is £157,998 Standard Deviation is £81,998 with Total Sold: 2
    • The most recent sale happened at this postcode is 5 MERLIN CLOSE: £239,995 (Sold on 22 Aug 2007)
    • The first recorded sale happened at this postcode is 5 MERLIN CLOSE: £76,000 (Sold on 19 Jun 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average RM5 3YB 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
2022£382,500 £4,968 1
2021£380,000 £4,441 5
2016£308,500 £3,756 3
2015£300,000 £2,542 1
2012£165,000 £2,426 1
2011£205,000 £2,440 1
2009£182,500 £1,547 1
2007£235,000 £2,176 1
2023£412,000 £4,682 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£239,995 £2,791 1
1997£76,000 £884 1

All the Sales in the MERLIN CLOSE, RM5 3YB

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

AddressSold DatePrice% Change
12 MERLIN CLOSETerraced, FreeholdArea: 77 Sq.mtrAge: 1967-197525 Feb 2022£382,500First Sale
14 MERLIN CLOSETerraced, FreeholdArea: 68 Sq.mtrAge: 1950-196628 Oct 2021£350,000112.12%
30 Aug 2012£165,000First Sale
1 MERLIN CLOSETerraced, FreeholdArea: 88 Sq.mtrAge: 1950-196609 Sep 2021£375,000First Sale
7 MERLIN CLOSETerraced, FreeholdArea: 82 Sq.mtrAge: 1930-194919 Jul 2021£330,000First Sale
15 MERLIN CLOSETerraced, FreeholdArea: 87 Sq.mtrAge: 1950-196629 Jun 2021£425,000First Sale
6 MERLIN CLOSETerraced, FreeholdArea: 108 Sq.mtrAge: 1950-196625 Mar 2021£420,00078.72%
28 Nov 2007£235,000First Sale
2 MERLIN CLOSETerraced, FreeholdArea: 71 Sq.mtrAge: 1950-196614 Oct 2016£305,500First Sale
9 MERLIN CLOSETerraced, FreeholdArea: 89 Sq.mtrAge: 1950-196603 Aug 2016£310,0000.0
03 Aug 2016£310,000First Sale
4 MERLIN CLOSETerraced, FreeholdArea: 118 Sq.mtrAge: 1950-196625 Jun 2015£300,00064.38%
29 May 2009£182,500First Sale
13 MERLIN CLOSETerraced, FreeholdArea: 84 Sq.mtrAge: 1950-196629 Jul 2011£205,000First Sale
5 MERLIN CLOSESemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1950-196622 Aug 2007£239,995215.78%
19 Jun 1997£76,000First Sale
8 MERLIN CLOSETerraced, FreeholdArea: 88 Sq.mtrAge: 1950-196610 Nov 2023£412,000First Sale

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

MERLIN CLOSE, RM5 3YB Near By properties

Interactive Map

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

  • Detached
    • The average price is around £311,801 median price is £279,995 Standard Deviation is £181,113 with Total Sold: 219
    • The Last 5 Year average price is £546,068 with Total Sold: 37
    • 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 £224,171 median price is £208,000 Standard Deviation is £115,628 with Total Sold: 755
    • The Last 5 Year average price is £381,401 with Total Sold: 139
    • The most recent sale happened at this postcode is , 29 BUSHY CLOSE: £500,000 (Sold on 29 Aug 2024)
    • The first recorded sale happened at this postcode is , 81 THE DRIVE: £55,000 (Sold on 20 Jan 1995)
  • Semi-Detached
    • The average price is around £250,991 median price is £237,750 Standard Deviation is £124,609 with Total Sold: 774
    • The Last 5 Year average price is £419,970 with Total Sold: 145
    • 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 , 83 GARRY WAY: £117,000 (Sold on 28 Feb 1995)
  • Flat
    • The average price is around £165,817 median price is £160,950 Standard Deviation is £70,258 with Total Sold: 525
    • The Last 5 Year average price is £243,381 with Total Sold: 104
    • 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 £320,388 median price is £190,050 Standard Deviation is £449,019 with Total Sold: 8
    • The Last 5 Year average price is £352,833 with Total Sold: 6
    • 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 , 148A CHASE CROSS ROAD: £316,000 (Sold on 24 Oct 2017)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£854,375 £3,896 4
2023£609,250 £5,230 4
2022£491,000 £5,755 5
2021£494,625 £5,284 8
2020£548,375 £5,008 8
2019£443,875 £4,115 8
2018£428,400 £4,710 10
2017£467,143 £4,029 7
2016£466,333 £4,007 6
2015£365,785 £3,825 7
2014£339,542 £3,453 12
2013£343,416 £3,187 6
2012£279,000 £2,880 5
2011£375,000 £4,454 1
2010£301,714 £2,799 7
2009£246,400 £2,881 5
2008£364,016 £3,543 6
2007£279,178 £3,111 14
2006£263,817 £3,047 11
2005£298,278 £1,971 6
2004£371,667 £2,848 3
2003£237,833 £2,150 9
2002£216,454 £2,052 11
2001£181,499 £1,354 4
2000£139,222 £1,528 9
1999£152,458 £1,780 12
1998£129,812 £918 8
1997£120,150 £1,378 10
1996£121,978 £879 9
1995£87,874 £556 4
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£419,343 £4,990 12
2023£404,167 £4,837 12
2022£422,778 £5,021 27
2021£375,826 £4,436 46
2020£360,124 £4,036 21
2019£327,000 £3,992 21
2018£352,232 £4,073 28
2017£343,130 £4,042 23
2016£338,032 £3,817 23
2015£269,560 £3,068 35
2014£245,365 £3,011 26
2013£218,042 £2,511 24
2012£197,381 £2,362 21
2011£213,961 £2,519 14
2010£206,167 £2,415 12
2009£176,036 £2,217 19
2008£247,448 £3,127 27
2007£245,688 £2,787 44
2006£191,399 £2,432 36
2005£185,189 £2,252 29
2004£177,161 £2,210 31
2003£164,703 £1,949 27
2002£122,315 £1,449 34
2001£108,621 £1,375 28
2000£94,470 £1,121 17
1999£78,889 £963 29
1998£73,431 £849 25
1997£69,030 £880 21
1996£60,833 £739 15
1995£61,285 £690 28
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£445,182 £4,477 11
2023£435,659 £5,257 22
2022£462,583 £5,093 24
2021£406,726 £4,498 34
2020£404,292 £4,239 24
2019£392,683 £4,086 30
2018£375,368 £3,936 19
2017£373,635 £4,276 26
2016£390,810 £4,240 21
2015£316,137 £3,310 27
2014£280,922 £3,111 32
2013£243,536 £2,756 28
2012£225,275 £2,436 20
2011£243,181 £2,552 18
2010£247,182 £2,760 22
2009£215,937 £2,225 16
2008£250,670 £2,537 22
2007£263,217 £2,794 50
2006£217,499 £2,217 33
2005£214,103 £2,161 29
2004£212,998 £2,278 32
2003£190,359 £2,116 25
2002£156,840 £1,663 35
2001£133,013 £1,463 31
2000£121,840 £1,289 22
1999£94,978 £1,030 23
1998£93,682 £960 33
1997£82,321 £881 23
1996£73,190 £794 21
1995£74,333 £701 21
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£249,900 £4,063 10
2023£249,917 £4,128 12
2022£268,597 £4,125 18
2021£240,939 £4,159 17
2020£234,784 £3,615 19
2019£229,357 £3,668 28
2018£245,176 £3,804 17
2017£239,765 £3,697 17
2016£213,016 £3,589 30
2015£179,640 £2,816 16
2014£167,343 £2,586 16
2013£145,000 £2,361 9
2012£154,647 £2,441 17
2011£140,500 £2,162 17
2010£139,737 £2,173 19
2009£147,577 £2,167 13
2008£173,669 £2,724 29
2007£183,805 £2,732 41
2006£155,972 £2,709 55
2005£129,779 £2,089 17
2004£125,125 £2,114 8
2003£108,150 £1,613 10
2002£94,458 £1,475 12
2001£74,119 £1,229 13
2000£58,141 £780 8
1999£57,570 £835 14
1998£52,624 £862 8
1997£44,996 £648 12
1996£38,864 £589 11
1995£38,666 £584 12
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£250,000 £4,167 1
2021£10,0001
2019£464,250 £9,657 4
2018£130,100 £2,128 1
2017£316,0001

House Type in RM5 3YB area

The most common house types in the RM5 3YB postcode area are Semi-detached (38), Terraced (18), and Detached (16).

Total74
Semi-detached38
Terraced18
Detached16
Flat1
temporary structure1
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (44), and Owned: Owns with a mortgage or loan (20).

Owned: Owns outright44
Owned: Owns with a mortgage or loan20
Private rented: Private landlord or letting agency6
Private rented: Other private rented3
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the RM5 3YB have 1 person in household (31), and 2 people in household (22).

1 person in household31
2 people in household22
3 people in household9
4 people in household5
5 people in household5
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0