Housing Market Analysis for PARK LANE, RM6 4LA

Are you looking to understand RM6 4LA 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 Redbridge postcode.

For the location information and nearby amenities in the RM6 4LA area, explore the RM6 4LA Area information page.
For comprehensive crime statistics in the RM6 4LA area, explore the RM6 4LA Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the RM6 4LA postcode area, The average prices are as follows,

Terraced
- The average price is around £233,650 median price is £221,250 Standard Deviation is £119,069 with Total Sold: 20
- The Last 5 Year average price is £422,750 with Total Sold: 2
- The most recent sale happened at this postcode is 10 PARK LANE: £453,000 (Sold on 28 Oct 2022)
- The first recorded sale happened at this postcode is 8 PARK LANE: £60,000 (Sold on 31 Mar 1995)
Flat
- The average price is around £149,636 median price is £150,000 Standard Deviation is £62,420 with Total Sold: 11
- The Last 5 Year average price is £279,000 with Total Sold: 1
- The most recent sale happened at this postcode is 24 PARK LANE: £279,000 (Sold on 02 Dec 2020)
- The first recorded sale happened at this postcode is 36 PARK LANE: £42,000 (Sold on 28 Apr 1995)
Semi-Detached
- The average price is around £203,000 median price is £194,500 Standard Deviation is £71,530 with Total Sold: 4
- The most recent sale happened at this postcode is 23 PARK LANE: £300,000 (Sold on 29 Jul 2015)
- The first recorded sale happened at this postcode is 9 PARK LANE: £123,000 (Sold on 30 Jun 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average RM6 4LA 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£422,750	£5,872	2
2018	£340,000	£4,660	2
2017	£416,000	£4,078	1
2015	£358,500	£4,717	1
2013	£226,250	£2,901	2
2011	£240,000	£2,202	1
2010	£225,000	£2,289	1
2009	£212,000	£1,945	1
2008	£288,000		1
2007	£205,000	£3,154	1
2006	£206,500	£2,647	1
2002	£168,000	£2,585	1
2001	£126,000	£1,615	1
1997	£63,333	£863	3
1995	£60,000	£610	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£279,000	£4,574	1
2016	£205,000	£3,942	1
2015	£190,000	£3,115	1
2014	£175,000	£2,869	1
2013	£158,000	£2,590	1
2007	£150,000	£2,419	1
2006	£133,500	£2,387	2
2005	£116,000	£1,895	1
1999	£64,000		1
1995	£42,000	£808	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2015	£300,000	£3,261	1
2005	£242,000		1
2003	£147,000		1
2000	£123,000	£1,618	1

All the Sales in the PARK LANE, RM6 4LA

See the table below for more details on the sold house prices in the RM6 4LA, Redbridge postcode.

Address	Sold Date	Price	% Change
10 PARK LANETerraced, FreeholdArea: 72 Sq.mtrAge: 1930-1949	28 Oct 2022	£453,000	15.41%
10 PARK LANETerraced, FreeholdArea: 72 Sq.mtrAge: 1930-1949	03 Aug 2022	£392,500	First Sale
24 PARK LANEFlat, LeaseholdArea: 61 Sq.mtrAge: 1950-1966	02 Dec 2020	£279,000	46.84%
	23 Jan 2015	£190,000	8.57%
	31 Oct 2014	£175,000	First Sale
4 PARK LANETerraced, FreeholdArea: 72 Sq.mtrAge: 1930-1949	23 Nov 2018	£350,000	536.36%
4 PARK LANETerraced, FreeholdArea: 72 Sq.mtrAge: 1930-1949	25 Apr 1997	£55,000	First Sale
18 PARK LANETerraced, FreeholdArea: 74 Sq.mtrAge: before 1900	06 Aug 2018	£330,000	First Sale
7 PARK LANETerraced, FreeholdArea: 102 Sq.mtrAge: 1900-1929	09 Feb 2017	£416,000	First Sale
36 PARK LANEFlat, LeaseholdArea: 52 Sq.mtrAge: 1967-1975	31 Mar 2016	£205,000	44.37%
	30 Jun 2006	£142,000	238.10%
	28 Apr 1995	£42,000	First Sale
9 PARK LANETerraced, FreeholdArea: 76 Sq.mtrAge: 1930-1949	30 Oct 2015	£358,500	191.46%
9 PARK LANETerraced, FreeholdArea: 76 Sq.mtrAge: 1930-1949	30 Jun 2000	£123,000	First Sale
23 PARK LANESemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1900-1929	29 Jul 2015	£300,000	First Sale
34 PARK LANEFlat, LeaseholdArea: 61 Sq.mtrAge: 1930-1949	31 May 2013	£158,000	First Sale
5 PARK LANETerraced, FreeholdArea: 75 Sq.mtrAge: 1967-1975	15 May 2013	£217,500	First Sale
3 PARK LANETerraced, FreeholdArea: 81 Sq.mtrAge: 1930-1949	20 Mar 2013	£235,000	243.07%
3 PARK LANETerraced, FreeholdArea: 81 Sq.mtrAge: 1930-1949	25 Apr 1997	£68,500	First Sale
15 PARK LANETerraced, FreeholdArea: 109 Sq.mtrAge: 1930-1949	24 Jan 2011	£240,000	13.21%
	03 Jul 2009	£212,000	First Sale
8 PARK LANETerraced, FreeholdArea: 98.3 Sq.mtrAge: 1930-1949	18 Mar 2010	£225,000	275.00%
	31 Mar 1995	£60,000	First Sale
11 PARK LANETerraced, Freehold	21 Jul 2008	£288,000	First Sale
26 PARK LANEFlat, LeaseholdArea: 62 Sq.mtrAge: 1950-1966	08 Feb 2007	£150,000	First Sale
14 PARK LANETerraced, FreeholdArea: 65 Sq.mtrAge: 1930-1949	18 Jan 2007	£205,000	22.02%
14 PARK LANETerraced, FreeholdArea: 65 Sq.mtrAge: 1930-1949	20 Dec 2002	£168,000	First Sale
30 PARK LANEFlat, LeaseholdArea: 61.2 Sq.mtrAge: 1950-1966	08 Jun 2006	£125,000	7.76%
30 PARK LANEFlat, LeaseholdArea: 61.2 Sq.mtrAge: 1950-1966	19 Aug 2005	£116,000	First Sale
1 PARK LANETerraced, FreeholdArea: 78 Sq.mtrAge: 1930-1949	08 May 2006	£206,500	63.89%
1 PARK LANETerraced, FreeholdArea: 78 Sq.mtrAge: 1930-1949	31 Jul 2001	£126,000	First Sale
21 PARK LANESemi-Detached, Freehold	14 Jan 2005	£242,000	First Sale
12 PARK LANESemi-Detached, Freehold	21 Mar 2003	£147,000	First Sale
32 PARK LANEFlat, Leasehold	03 Sep 1999	£64,000	First Sale
16 PARK LANETerraced, FreeholdArea: 68 Sq.mtrAge: before 1900	22 Aug 1997	£66,500	First Sale

Check out the sold house prices near the RM6 4LA postcode. Properties currently for saleProperties currently for rent

PARK LANE, RM6 4LA Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the RM6 4LA 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 RM6 4LA postcode.

Terraced
- The average price is around £229,934 median price is £216,500 Standard Deviation is £127,105 with Total Sold: 2,242
- The Last 5 Year average price is £439,358 with Total Sold: 298
- The most recent sale happened at this postcode is , 19 EUSTACE ROAD: £425,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 43 JARROW ROAD: £60,000 (Sold on 16 Jan 1995)
Semi-Detached
- The average price is around £243,431 median price is £234,000 Standard Deviation is £126,535 with Total Sold: 625
- The Last 5 Year average price is £438,203 with Total Sold: 91
- The most recent sale happened at this postcode is , 12 DAIRY MEWS: £360,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 4 MAYFAIR AVENUE: £67,000 (Sold on 06 Jan 1995)
Flat
- The average price is around £138,939 median price is £133,000 Standard Deviation is £74,113 with Total Sold: 1,169
- The Last 5 Year average price is £238,698 with Total Sold: 115
- The most recent sale happened at this postcode is , 1026 HIGH ROAD: £288,000 (Sold on 29 Jul 2024)
- The first recorded sale happened at this postcode is , 28 EAGLE AVENUE: £39,450 (Sold on 06 Jan 1995)
Other
- The average price is around £1,015,014 median price is £382,000 Standard Deviation is £2,294,884 with Total Sold: 63
- The Last 5 Year average price is £893,525 with Total Sold: 31
- The most recent sale happened at this postcode is , 1015 - 1021 HIGH ROAD: £12,201,811 (Sold on 30 Jan 2024)
- The first recorded sale happened at this postcode is , 2 CHADWELL HEATH LANE: £635,000 (Sold on 01 Apr 2014)
Detached
- The average price is around £260,861 median price is £249,748 Standard Deviation is £116,234 with Total Sold: 34
- The Last 5 Year average price is £510,000 with Total Sold: 2
- The most recent sale happened at this postcode is , 29 LEE AVENUE: £490,000 (Sold on 30 Jun 2021)
- The first recorded sale happened at this postcode is , 29 LEE AVENUE: £78,000 (Sold on 24 Mar 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£447,839	£4,677	28
2023	£476,705	£4,983	39
2022	£465,884	£5,041	74
2021	£445,754	£4,808	67
2020	£408,919	£4,485	37
2019	£383,523	£4,323	53
2018	£395,208	£4,275	51
2017	£397,235	£4,139	63
2016	£367,322	£4,212	64
2015	£321,623	£3,452	65
2014	£278,786	£3,185	72
2013	£250,235	£2,754	49
2012	£237,283	£2,632	53
2011	£221,723	£2,558	47
2010	£227,445	£2,582	48
2009	£217,863	£2,328	42
2008	£252,390	£2,838	52
2007	£241,889	£2,777	158
2006	£218,478	£2,479	126
2005	£208,486	£2,393	87
2004	£205,826	£2,302	104
2003	£191,512	£2,298	118
2002	£160,253	£1,971	160
2001	£132,555	£1,536	89
2000	£110,240	£1,243	83
1999	£92,370	£998	88
1998	£83,059	£933	94
1997	£74,021	£825	99
1996	£66,736	£726	83
1995	£65,010	£734	49

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£377,000	£2,471	5
2023	£469,233	£5,485	15
2022	£446,545	£5,628	22
2021	£443,283	£4,600	23
2020	£427,588	£4,417	17
2019	£407,167	£4,953	9
2018	£385,733	£4,488	15
2017	£393,406	£4,426	16
2016	£370,477	£4,163	22
2015	£339,789	£3,821	19
2014	£290,550	£3,141	20
2013	£243,566	£2,671	15
2012	£243,556	£2,734	18
2011	£245,262	£2,918	21
2010	£264,725	£2,934	20
2009	£228,191	£2,906	11
2008	£266,625	£3,280	20
2007	£271,187	£2,497	27
2006	£223,547	£2,300	35
2005	£233,225	£2,116	22
2004	£224,444	£2,333	27
2003	£197,679	£2,198	25
2002	£167,880	£1,956	32
2001	£141,410	£1,540	28
2000	£123,796	£1,406	27
1999	£98,224	£1,180	29
1998	£89,087	£1,133	27
1997	£79,611	£844	18
1996	£68,796	£721	27
1995	£72,846	£722	13

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£229,000	£3,653	10
2023	£235,753	£4,397	11
2022	£243,136	£4,964	23
2021	£237,591	£4,256	22
2020	£252,786	£4,241	14
2019	£234,539	£3,932	35
2018	£256,479	£4,155	70
2017	£233,816	£4,171	54
2016	£213,319	£4,171	27
2015	£182,385	£3,317	26
2014	£157,220	£2,969	47
2013	£139,066	£2,601	15
2012	£122,232	£2,294	14
2011	£124,926	£2,353	17
2010	£150,269	£2,584	13
2009	£127,157	£2,368	19
2008	£151,637	£2,769	29
2007	£155,825	£2,974	50
2006	£143,857	£2,699	42
2005	£140,599	£2,646	47
2004	£139,914	£2,619	58
2003	£121,434	£2,358	72
2002	£120,521	£2,164	153
2001	£80,902	£1,602	63
2000	£58,909	£1,217	44
1999	£51,604	£1,073	55
1998	£44,007	£885	36
1997	£40,483	£800	52
1996	£35,185	£694	27
1995	£37,701	£757	24

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£12,201,811		1
2023	£250,100	£33	5
2022	£153,417	£57	6
2021	£930,172	£4,046	7
2020	£704,583	£3,259	6
2019	£431,292	£5,900	6
2018	£678,350	£5,851	10
2017	£563,278	£3,570	9
2016	£1,114,832	£5,909	8
2015	£3,709,989	£5,714	4
2014	£635,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£510,000	£4,647	2
2018	£520,000	£3,852	1
2017	£395,000	£4,877	1
2014	£307,500	£2,859	2
2013	£297,500	£2,877	2
2011	£235,000	£2,752	1
2010	£330,000	£2,294	2
2009	£249,995	£3,521	1
2008	£279,000	£2,397	1
2007	£274,750	£3,240	2
2006	£300,000	£2,222	1
2005	£289,750		2
2004	£264,374	£2,216	4
2002	£192,167	£2,549	3
2001	£240,000		1
2000	£187,000		1
1999	£145,667	£859	3
1998	£150,000	£1,007	1
1997	£102,300	£1,198	1
1996	£43,000		1
1995	£78,000	£830	1

House Type in RM6 4LA area

The most common house types in the RM6 4LA postcode area are Semi-detached (77), Terraced (42), and Detached (32).

Total	170
Semi-detached	77
Terraced	42
Detached	32
Flat	9
Shared house	9
commercial building	1
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (60), and Owned: Owns with a mortgage or loan (52).

Private rented: Private landlord or letting agency	60
Owned: Owns with a mortgage or loan	52
Owned: Owns outright	40
Social rented: Rents from council or Local Authority	9
Private rented: Other private rented	5
Social rented: Other social rented	3
Shared ownership: Shared ownership	2
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the RM6 4LA have 1 person in household (51), and 4 people in household (34).

1 person in household	51
4 people in household	34
3 people in household	31
2 people in household	23
5 people in household	17
6 people in household	7
7 people in household	3
8 or more people in household	2
0 people in household	0