Housing Market Analysis for PHILAN WAY, RM5 3YT

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

Overview of Sold House prices

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

Flat
- The average price is around £139,908 median price is £141,998 Standard Deviation is £66,935 with Total Sold: 18
- The Last 5 Year average price is £250,000 with Total Sold: 2
- The most recent sale happened at this postcode is 14 PHILAN WAY: £270,000 (Sold on 04 Mar 2022)
- The first recorded sale happened at this postcode is 28 PHILAN WAY: £45,500 (Sold on 07 Jun 1996)
Detached
- The average price is around £308,250 median price is £272,500 Standard Deviation is £128,820 with Total Sold: 10
- The Last 5 Year average price is £479,000 with Total Sold: 3
- The most recent sale happened at this postcode is 13 PHILAN WAY: £465,000 (Sold on 15 Jun 2021)
- The first recorded sale happened at this postcode is 13 PHILAN WAY: £577,000 (Sold on 01 Dec 2023)
Semi-Detached
- The average price is around £47,000 median price is £47,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 4 PHILAN WAY: £47,000 (Sold on 08 Mar 1996)
- The first recorded sale happened at this postcode is 4 PHILAN WAY: £47,000 (Sold on 08 Mar 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average RM5 3YT 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£270,000	£4,219	1
2019	£230,000	£3,651	1
2018	£230,000	£3,795	2
2014	£166,000	£2,554	1
2012	£160,000	£2,658	2
2010	£144,000	£2,526	1
2009	£130,000	£2,050	1
2007	£153,000	£2,684	1
2005	£139,995	£2,456	1
2003	£109,000	£1,912	1
2002	£105,000	£1,842	1
2001	£88,854	£1,234	1
1999	£60,000	£923	1
1998	£50,500	£701	1
1997	£46,500	£773	1
1996	£45,500	£717	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£430,000	£5,188	2
2017	£270,000	£5,625	1
2015	£290,000	£3,867	1
2014	£275,000	£4,400	1
2010	£247,000		1
2006	£250,000	£4,000	1
2002	£209,995	£2,800	1
1997	£103,500	£1,137	1
2023	£577,000	£6,341	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
1996	£47,000	£825	1

All the Sales in the PHILAN WAY, RM5 3YT

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

Address	Sold Date	Price	% Change
14 PHILAN WAYFlat, LeaseholdArea: 64 Sq.mtrAge: 1967-1975	04 Mar 2022	£270,000	8.00%
	09 Mar 2018	£250,000	129.36%
	31 Mar 2003	£109,000	First Sale
13 PHILAN WAYDetached, FreeholdArea: 91 Sq.mtrAge: 1950-1966	15 Jun 2021	£465,000	349.28%
	17 Jan 1997	£103,500	-82.06%
	01 Dec 2023	£577,000	First Sale
7 PHILAN WAYDetached, FreeholdArea: 75 Sq.mtrAge: 2003-2006	11 Feb 2021	£395,000	36.21%
	08 Jun 2015	£290,000	38.10%
	06 Dec 2002	£209,995	First Sale
26 PHILAN WAYFlat, LeaseholdArea: 63 Sq.mtrAge: 1967-1975	28 May 2019	£230,000	First Sale
24 PHILAN WAYFlat, LeaseholdArea: 57 Sq.mtrAge: 1967-1975	29 Nov 2018	£210,000	First Sale
3 PHILAN WAYDetached, FreeholdArea: 48 Sq.mtrAge: 1996-2002	17 Jul 2017	£270,000	First Sale
5 PHILAN WAYDetached, FreeholdArea: 62.5 Sq.mtrAge: 2003-2006	21 Nov 2014	£275,000	10.00%
	27 Oct 2006	£250,000	First Sale
2 PHILAN WAYFlat, LeaseholdArea: 65 Sq.mtrAge: 1967-1975	25 Jul 2014	£166,000	58.10%
	07 Jun 2002	£105,000	75.00%
	18 Jun 1999	£60,000	First Sale
16 PHILAN WAYFlat, LeaseholdArea: 60.19 Sq.mtrAge: 1930-1949	05 Oct 2012	£160,000	0.0
	05 Oct 2012	£160,000	244.09%
	30 May 1997	£46,500	First Sale
22 PHILAN WAYFlat, LeaseholdArea: 57 Sq.mtrAge: 1967-1975	23 Aug 2010	£144,000	2.86%
22 PHILAN WAYFlat, LeaseholdArea: 57 Sq.mtrAge: 1967-1975	30 Sep 2005	£139,995	First Sale
9 PHILAN WAYDetached, Freehold	19 Aug 2010	£247,000	First Sale
28 PHILAN WAYFlat, LeaseholdArea: 63.43 Sq.mtrAge: 1950-1966	12 Jun 2009	£130,000	185.71%
	07 Jun 1996	£45,500	First Sale
4 PHILAN WAYFlat, LeaseholdArea: 57 Sq.mtrAge: 1967-1975	25 May 2007	£153,000	225.53%
4 PHILAN WAYFlat, LeaseholdArea: 57 Sq.mtrAge: 1967-1975	08 Mar 1996	£47,000	First Sale
12 PHILAN WAYFlat, LeaseholdArea: 72 Sq.mtrAge: 1967-1975	16 Nov 2001	£88,854	75.95%
12 PHILAN WAYFlat, LeaseholdArea: 72 Sq.mtrAge: 1967-1975	07 Dec 1998	£50,500	First Sale

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

PHILAN WAY, RM5 3YT Near By properties

Interactive Map

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

Detached
- The average price is around £292,559 median price is £270,000 Standard Deviation is £144,669 with Total Sold: 330
- The Last 5 Year average price is £485,945 with Total Sold: 49
- 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 £223,803 median price is £205,000 Standard Deviation is £117,898 with Total Sold: 1,068
- The Last 5 Year average price is £392,042 with Total Sold: 183
- 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 £244,236 median price is £230,000 Standard Deviation is £123,336 with Total Sold: 1,060
- The Last 5 Year average price is £415,848 with Total Sold: 196
- 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)
Flat
- The average price is around £163,939 median price is £160,000 Standard Deviation is £70,396 with Total Sold: 563
- The Last 5 Year average price is £242,212 with Total Sold: 109
- 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 £319,138 median price is £190,050 Standard Deviation is £448,837 with Total Sold: 8
- 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 , 93A CHASE CROSS ROAD: £380,000 (Sold on 14 Jun 2013)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£508,750		2
2023	£605,333	£5,296	6
2022	£489,167	£5,938	6
2021	£475,200	£5,472	14
2020	£456,500	£5,356	8
2019	£455,538	£4,323	13
2018	£426,357	£4,304	14
2017	£456,500	£4,143	10
2016	£443,300	£4,063	10
2015	£350,392	£4,168	14
2014	£322,222	£3,397	18
2013	£315,954	£3,015	11
2012	£284,167	£2,880	6
2011	£332,499	£3,461	4
2010	£283,441	£2,947	11
2009	£279,000	£2,826	8
2008	£309,900	£3,419	9
2007	£278,643	£2,872	21
2006	£260,606	£2,949	14
2005	£269,778	£2,272	6
2004	£299,818	£2,500	11
2003	£243,227	£2,150	11
2002	£217,210	£2,222	19
2001	£193,493	£1,726	8
2000	£141,035	£1,534	14
1999	£143,923	£1,867	13
1998	£136,250	£1,170	12
1997	£108,205	£1,239	11
1996	£121,371	£1,044	21
1995	£84,899	£707	5

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£422,008	£4,990	15
2023	£426,565	£4,956	23
2022	£429,968	£4,925	31
2021	£374,875	£4,477	56
2020	£371,900	£4,148	29
2019	£361,914	£4,071	29
2018	£358,316	£4,173	38
2017	£346,459	£4,290	37
2016	£331,117	£3,878	32
2015	£283,813	£3,127	45
2014	£248,365	£3,046	37
2013	£221,579	£2,507	38
2012	£205,424	£2,355	27
2011	£208,022	£2,574	20
2010	£202,426	£2,484	17
2009	£183,594	£2,253	34
2008	£245,737	£3,086	32
2007	£239,984	£2,719	60
2006	£193,422	£2,339	49
2005	£185,872	£2,134	36
2004	£182,911	£2,279	51
2003	£168,487	£1,954	41
2002	£126,452	£1,501	48
2001	£108,625	£1,291	45
2000	£99,944	£1,186	27
1999	£79,566	£947	42
1998	£77,345	£850	38
1997	£69,303	£860	26
1996	£62,336	£734	26
1995	£62,772	£714	39

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£453,179	£4,970	14
2023	£443,000	£5,430	24
2022	£457,031	£5,072	32
2021	£410,976	£4,833	55
2020	£392,734	£4,195	38
2019	£375,067	£4,238	33
2018	£369,655	£4,044	29
2017	£360,853	£4,322	34
2016	£373,229	£4,293	34
2015	£306,964	£3,315	36
2014	£266,141	£3,014	39
2013	£234,465	£2,604	36
2012	£218,423	£2,707	26
2011	£224,362	£2,660	20
2010	£240,967	£3,004	30
2009	£202,150	£2,422	20
2008	£244,125	£2,508	34
2007	£256,564	£2,806	65
2006	£220,520	£2,251	47
2005	£212,014	£2,065	34
2004	£203,004	£2,331	47
2003	£194,513	£2,498	36
2002	£154,894	£1,720	48
2001	£129,900	£1,558	42
2000	£117,835	£1,293	32
1999	£95,485	£1,101	35
1998	£90,641	£979	46
1997	£81,513	£924	30
1996	£72,771	£888	31
1995	£73,594	£738	33

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£249,900	£4,063	10
2023	£249,808	£4,128	13
2022	£268,597	£4,125	18
2021	£239,831	£4,114	18
2020	£232,295	£3,644	20
2019	£228,567	£3,681	30
2018	£234,214	£3,544	21
2017	£233,079	£3,575	19
2016	£210,219	£3,593	32
2015	£179,319	£2,882	18
2014	£164,361	£2,637	18
2013	£143,750	£2,361	10
2012	£152,316	£2,395	19
2011	£140,500	£2,162	17
2010	£140,000	£2,245	20
2009	£150,200	£2,158	15
2008	£172,580	£2,759	30
2007	£181,512	£2,750	43
2006	£155,972	£2,709	55
2005	£129,514	£2,147	18
2004	£125,125	£2,114	8
2003	£108,591	£1,727	11
2002	£93,675	£1,570	14
2001	£74,128	£1,277	14
2000	£58,141	£780	8
1999	£57,570	£835	14
1998	£51,550	£909	10
1997	£44,372	£713	16
1996	£38,864	£589	11
1995	£38,653	£611	13

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
2017	£316,000		1
2013	£380,000	£4,935	1

House Type in RM5 3YT area

The most common house types in the RM5 3YT postcode area are Semi-detached (46), Terraced (45), and Detached (23).

Total	138
Semi-detached	46
Terraced	45
Detached	23
Flat	19
Shared house	4
converted building	1
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (61), and Owned: Owns with a mortgage or loan (51).

Owned: Owns outright	61
Owned: Owns with a mortgage or loan	51
Private rented: Private landlord or letting agency	16
Social rented: Rents from council or Local Authority	5
Social rented: Other social rented	5
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the RM5 3YT have 2 people in household (58), and 1 person in household (32).

2 people in household	58
1 person in household	32
3 people in household	22
4 people in household	17
5 people in household	7
7 people in household	3
0 people in household	0
6 people in household	0
8 or more people in household	0