Housing Market Analysis for MERLIN ROAD, RM5 3YH

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

Overview of Sold House prices

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

Detached
- The average price is around £249,000 median price is £240,000 Standard Deviation is £89,185 with Total Sold: 5
- The most recent sale happened at this postcode is 25 MERLIN ROAD: £395,000 (Sold on 25 Sep 2015)
- The first recorded sale happened at this postcode is 21 MERLIN ROAD: £130,000 (Sold on 16 Jun 1997)
Terraced
- The average price is around £131,000 median price is £136,000 Standard Deviation is £36,380 with Total Sold: 4
- The most recent sale happened at this postcode is 50 MERLIN ROAD: £175,000 (Sold on 19 Mar 2012)
- The first recorded sale happened at this postcode is 56 MERLIN ROAD: £77,000 (Sold on 11 Dec 1997)
Semi-Detached
- The average price is around £166,944 median price is £168,250 Standard Deviation is £67,440 with Total Sold: 8
- The most recent sale happened at this postcode is 35 MERLIN ROAD: £220,000 (Sold on 31 Aug 2010)
- The first recorded sale happened at this postcode is 35 MERLIN ROAD: £72,000 (Sold on 18 Sep 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average RM5 3YH 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2015	£395,000	£4,072	1
2010	£285,000	£2,635	1
2007	£240,000	£3,158	1
1999	£195,000	£2,331	1
1997	£130,000	£1,202	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2012	£175,000	£2,265	1
2003	£150,000	£2,027	1
2000	£122,000		1
1997	£77,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2010	£227,500	£3,195	2
2005	£238,000	£2,427	2
1999	£109,750	£1,661	2
1998	£113,050	£1,098	1
1996	£72,000	£1,161	1

All the Sales in the MERLIN ROAD, RM5 3YH

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

Address	Sold Date	Price	% Change
25 MERLIN ROADDetached, FreeholdArea: 97 Sq.mtrAge: 1950-1966	25 Sep 2015	£395,000	First Sale
50 MERLIN ROADTerraced, FreeholdArea: 77.26 Sq.mtrAge: 1930-1949	19 Mar 2012	£175,000	First Sale
35 MERLIN ROADSemi-Detached, FreeholdArea: 62 Sq.mtrAge: 1930-1949	31 Aug 2010	£220,000	113.59%
	16 Jul 1999	£103,000	43.06%
	18 Sep 1996	£72,000	First Sale
21 MERLIN ROADDetached, FreeholdArea: 108.14 Sq.mtrAge: 1930-1949	27 Aug 2010	£285,000	119.23%
	16 Jun 1997	£130,000	First Sale
42 MERLIN ROADSemi-Detached, FreeholdArea: 82.68 Sq.mtrAge: 1930-1949	17 Aug 2010	£235,000	First Sale
23 MERLIN ROADDetached, FreeholdArea: 76 Sq.mtrAge: 1930-1949	14 Mar 2007	£240,000	First Sale
33 MERLIN ROADSemi-Detached, FreeholdArea: 103 Sq.mtrAge: 1950-1966	16 Sep 2005	£250,000	121.14%
	28 Sep 1998	£113,050	First Sale
44 MERLIN ROADSemi-Detached, Freehold	28 Feb 2005	£226,000	93.99%
44 MERLIN ROADSemi-Detached, Freehold	22 Dec 1999	£116,500	First Sale
48 MERLIN ROADTerraced, FreeholdArea: 74 Sq.mtrAge: 1950-1966	24 Jun 2003	£150,000	First Sale
54 MERLIN ROADTerraced, Freehold	16 Nov 2000	£122,000	First Sale
27 MERLIN ROADDetached, FreeholdArea: 83.67 Sq.mtrAge: 1950-1966	02 Jul 1999	£195,000	First Sale
56 MERLIN ROADTerraced, Freehold	11 Dec 1997	£77,000	First Sale

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

MERLIN ROAD, RM5 3YH Near By properties

Interactive Map

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

Detached
- The average price is around £313,328 median price is £280,750 Standard Deviation is £183,287 with Total Sold: 176
- The Last 5 Year average price is £545,919 with Total Sold: 31
- 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 , 108 ST JOHNS ROAD: £150,000 (Sold on 31 Mar 1995)
Terraced
- The average price is around £223,187 median price is £205,000 Standard Deviation is £113,843 with Total Sold: 649
- The Last 5 Year average price is £377,299 with Total Sold: 124
- 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 , 26 ASHVALE GARDENS: £63,000 (Sold on 24 Feb 1995)
Semi-Detached
- The average price is around £241,152 median price is £228,000 Standard Deviation is £114,786 with Total Sold: 580
- The Last 5 Year average price is £396,756 with Total Sold: 110
- 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 , 32 PRESTWOOD DRIVE: £53,950 (Sold on 19 Jan 1995)
Flat
- The average price is around £165,861 median price is £162,000 Standard Deviation is £70,204 with Total Sold: 513
- The Last 5 Year average price is £244,586 with Total Sold: 100
- 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 £309,517 median price is £70,050 Standard Deviation is £517,585 with Total Sold: 6
- The Last 5 Year average price is £345,400 with Total Sold: 5
- 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 , 165 CHELMSFORD AVENUE: £130,100 (Sold on 12 Mar 2018)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£854,375	£3,896	4
2023	£635,667	£5,354	3
2022	£447,500	£5,659	4
2021	£493,857	£5,178	7
2020	£539,167	£4,538	6
2019	£445,286	£4,275	7
2018	£393,500	£4,695	6
2017	£454,167	£4,212	6
2016	£466,333	£4,007	6
2015	£379,582	£3,825	6
2014	£347,682	£3,452	11
2013	£343,416	£3,187	6
2012	£266,250	£2,832	4
2011	£375,000	£4,454	1
2010	£272,400	£2,548	5
2009	£282,833	£2,881	6
2008	£373,619	£3,543	5
2007	£263,499	£3,292	9
2006	£226,124	£3,047	8
2005	£266,792	£1,971	4
2004	£371,667	£2,848	3
2003	£229,357	£2,150	7
2002	£223,888	£2,043	9
2001	£185,333	£1,406	3
2000	£122,571	£1,486	7
1999	£144,611	£1,779	9
1998	£148,832	£918	6
1997	£118,056	£1,441	9
1996	£136,900	£927	5
1995	£117,499	£768	4

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£422,011	£4,990	11
2023	£391,625	£4,828	8
2022	£419,423	£4,980	26
2021	£368,650	£4,470	40
2020	£358,263	£4,072	19
2019	£327,600	£3,960	20
2018	£351,500	£4,042	20
2017	£338,895	£3,936	19
2016	£333,875	£3,748	18
2015	£266,761	£3,087	31
2014	£245,521	£3,015	24
2013	£216,273	£2,465	22
2012	£200,206	£2,461	17
2011	£210,500	£2,358	10
2010	£187,611	£2,356	9
2009	£176,036	£2,217	19
2008	£252,735	£3,341	26
2007	£248,687	£2,804	39
2006	£190,034	£2,495	26
2005	£180,096	£2,188	26
2004	£180,903	£2,163	26
2003	£164,499	£2,059	22
2002	£121,452	£1,457	32
2001	£106,729	£1,391	24
2000	£94,470	£1,121	17
1999	£78,932	£969	26
1998	£72,121	£858	23
1997	£70,708	£953	16
1996	£59,000	£740	10
1995	£61,782	£711	23

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£440,278	£4,477	9
2023	£419,107	£5,376	14
2022	£432,929	£4,932	21
2021	£386,197	£4,537	29
2020	£374,500	£4,262	17
2019	£357,775	£3,971	20
2018	£357,079	£3,707	19
2017	£338,833	£4,204	18
2016	£352,235	£4,048	17
2015	£299,250	£3,234	18
2014	£260,148	£3,007	27
2013	£223,342	£2,523	19
2012	£218,605	£2,431	17
2011	£214,923	£2,433	13
2010	£223,167	£2,691	12
2009	£191,062	£2,179	8
2008	£250,023	£2,553	22
2007	£252,791	£2,727	48
2006	£205,297	£2,027	25
2005	£203,159	£2,076	22
2004	£205,950	£2,311	21
2003	£173,578	£2,067	19
2002	£144,343	£1,654	29
2001	£131,542	£1,428	21
2000	£115,646	£1,378	17
1999	£97,406	£1,128	16
1998	£84,595	£921	19
1997	£75,494	£907	19
1996	£66,438	£837	8
1995	£67,340	£737	16

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£256,556	£4,063	9
2023	£249,917	£4,128	12
2022	£265,868	£4,098	17
2021	£242,174	£4,163	17
2020	£241,369	£3,734	16
2019	£229,379	£3,661	29
2018	£244,875	£3,824	16
2017	£239,765	£3,697	17
2016	£215,362	£3,617	29
2015	£184,124	£2,926	14
2014	£167,343	£2,586	16
2013	£143,750	£2,361	10
2012	£151,889	£2,399	18
2011	£141,156	£2,157	16
2010	£142,562	£2,230	16
2009	£145,192	£2,139	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	£56,733	£780	7
1999	£57,575	£838	13
1998	£52,624	£862	8
1997	£44,996	£648	12
1996	£38,864	£589	11
1995	£38,666	£584	12

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£250,000	£4,167	1
2021	£10,000		1
2019	£489,000	£14,500	3
2018	£130,100	£2,128	1

House Type in RM5 3YH area

The most common house types in the RM5 3YH postcode area are Terraced (60), Semi-detached (51), and Detached (22).

Total	142
Terraced	60
Semi-detached	51
Detached	22
Flat	8
Shared house	1
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 (69), and Owned: Owns with a mortgage or loan (54).

Owned: Owns outright	69
Owned: Owns with a mortgage or loan	54
Social rented: Other social rented	8
Private rented: Private landlord or letting agency	7
Shared ownership: Shared ownership	1
Private rented: Other private rented	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the RM5 3YH have 2 people in household (45), and 1 person in household (35).

2 people in household	45
1 person in household	35
3 people in household	31
4 people in household	12
5 people in household	11
6 people in household	2
7 people in household	2
8 or more people in household	1
0 people in household	0