Housing Market Analysis for GRESHAM DRIVE, RM6 4TP

Are you looking to understand RM6 4TP 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 4TP area, explore the RM6 4TP Area information page.
For comprehensive crime statistics in the RM6 4TP area, explore the RM6 4TP Crime Rates page.

Overview of Sold House prices

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

  • Terraced
    • The average price is around £256,554 median price is £249,500 Standard Deviation is £113,021 with Total Sold: 9
    • The Last 5 Year average price is £412,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 77 GRESHAM DRIVE: £460,000 (Sold on 12 Apr 2023)
    • The first recorded sale happened at this postcode is 75 GRESHAM DRIVE: £93,500 (Sold on 25 Jun 1999)
  • Semi-Detached
    • The average price is around £254,786 median price is £250,000 Standard Deviation is £107,009 with Total Sold: 7
    • The Last 5 Year average price is £475,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 51 GRESHAM DRIVE: £475,000 (Sold on 30 Jun 2021)
    • The first recorded sale happened at this postcode is 49 GRESHAM DRIVE: £115,000 (Sold on 19 Apr 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average RM6 4TP 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
2023£460,000 £5,476 1
2019£365,000 £5,581 1
2015£320,000 £4,156 1
2014£249,500 £2,868 1
2007£285,0001
2006£204,9951
2003£240,000 £2,857 1
1999£92,248 £1,083 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£475,000 £5,270 1
2015£310,000 £2,183 1
2011£250,000 £2,790 2
2003£215,000 £2,337 1
2002£168,500 £1,187 1
2000£115,000 £1,291 1

All the Sales in the GRESHAM DRIVE, RM6 4TP

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

AddressSold DatePrice% Change
77 GRESHAM DRIVETerraced, FreeholdArea: 84 Sq.mtrAge: 1930-194912 Apr 2023£460,00091.67%
17 Sep 2003£240,000163.75%
06 Aug 1999£90,995First Sale
51 GRESHAM DRIVESemi-Detached, FreeholdArea: 90.14 Sq.mtrAge: 1930-194930 Jun 2021£475,00090.00%
05 Jul 2011£250,000First Sale
73 GRESHAM DRIVETerraced, FreeholdArea: 65.4 Sq.mtrAge: 1930-194908 May 2019£365,000First Sale
65 GRESHAM DRIVETerraced, FreeholdArea: 77 Sq.mtrAge: 1930-194907 Aug 2015£320,000First Sale
45 GRESHAM DRIVESemi-Detached, FreeholdArea: 142 Sq.mtrAge: 1930-194930 Jan 2015£310,00083.98%
18 Jul 2002£168,500First Sale
69 GRESHAM DRIVETerraced, FreeholdArea: 87 Sq.mtrAge: 1930-194929 Jan 2014£249,500First Sale
49 GRESHAM DRIVESemi-Detached, FreeholdArea: 89.1 Sq.mtrAge: 1950-196612 Aug 2011£250,000117.39%
19 Apr 2000£115,000First Sale
67 GRESHAM DRIVETerraced, Freehold12 Jan 2007£285,00039.03%
14 Jul 2006£204,995First Sale
47 GRESHAM DRIVESemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1930-194931 Jul 2003£215,000First Sale
75 GRESHAM DRIVETerraced, Freehold25 Jun 1999£93,500First Sale

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

GRESHAM DRIVE, RM6 4TP Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £223,904 median price is £218,000 Standard Deviation is £115,654 with Total Sold: 1,792
    • The Last 5 Year average price is £416,273 with Total Sold: 185
    • The most recent sale happened at this postcode is , 121 GROVE ROAD: £312,500 (Sold on 06 Aug 2024)
    • The first recorded sale happened at this postcode is , 3 GRESHAM DRIVE: £77,000 (Sold on 16 Jan 1995)
  • Flat
    • The average price is around £145,079 median price is £152,500 Standard Deviation is £62,893 with Total Sold: 1,923
    • The Last 5 Year average price is £213,251 with Total Sold: 202
    • The most recent sale happened at this postcode is , 94 MILLHAVEN CLOSE: £252,500 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 92 MILLHAVEN CLOSE: £40,000 (Sold on 12 Jan 1995)
  • Semi-Detached
    • The average price is around £236,705 median price is £230,000 Standard Deviation is £123,772 with Total Sold: 570
    • The Last 5 Year average price is £439,329 with Total Sold: 78
    • The most recent sale happened at this postcode is , 182 BARLEY LANE: £355,000 (Sold on 06 Jun 2024)
    • The first recorded sale happened at this postcode is , 198 BARLEY LANE: £50,000 (Sold on 12 Jan 1995)
  • Detached
    • The average price is around £283,663 median price is £253,998 Standard Deviation is £163,610 with Total Sold: 68
    • The Last 5 Year average price is £551,944 with Total Sold: 9
    • The most recent sale happened at this postcode is , 23 BEXLEY GARDENS: £535,000 (Sold on 28 May 2024)
    • The first recorded sale happened at this postcode is , 21 HEATHFIELD PARK DRIVE: £105,000 (Sold on 10 Mar 1995)
  • Other
    • The average price is around £454,286 median price is £450,000 Standard Deviation is £253,327 with Total Sold: 7
    • The Last 5 Year average price is £466,250 with Total Sold: 4
    • The most recent sale happened at this postcode is , COLOURCRAFT GROVE ROAD: £1,000,000 (Sold on 08 Dec 2023)
    • The first recorded sale happened at this postcode is , 59 PRIESTLEY GARDENS: £490,000 (Sold on 15 Jul 2016)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£427,08312
2023£455,964 £5,400 28
2022£461,829 £5,757 35
2021£407,000 £5,001 48
2020£386,741 £4,604 27
2019£370,760 £4,621 35
2018£404,922 £4,366 29
2017£385,767 £4,328 45
2016£358,351 £4,462 50
2015£315,241 £3,958 47
2014£279,461 £3,411 51
2013£265,298 £2,813 42
2012£246,864 £2,905 39
2011£247,186 £2,734 35
2010£250,161 £2,898 45
2009£226,677 £2,771 24
2008£250,195 £3,091 41
2007£245,757 £2,992 108
2006£241,864 £2,594 132
2005£228,087 £2,555 97
2004£231,472 £2,626 115
2003£195,881 £2,374 110
2002£157,784 £2,162 126
2001£131,064 £1,629 78
2000£106,496 £1,437 60
1999£93,810 £1,224 55
1998£87,451 £1,181 77
1997£79,100 £924 78
1996£68,678 £866 62
1995£68,634 £956 61
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£220,000 £4,147 17
2023£228,256 £4,533 25
2022£217,303 £4,455 43
2021£217,162 £4,239 54
2020£217,417 £4,482 18
2019£192,133 £3,873 45
2018£228,404 £4,242 46
2017£210,743 £4,118 51
2016£214,930 £4,067 52
2015£174,640 £3,383 73
2014£164,156 £3,102 71
2013£142,278 £2,679 25
2012£137,146 £2,873 15
2011£129,012 £2,525 26
2010£139,461 £2,691 27
2009£146,638 £2,842 107
2008£166,211 £3,066 45
2007£158,847 £3,089 88
2006£153,666 £3,033 82
2005£170,899 £3,130 154
2004£171,166 £3,238 208
2003£130,731 £2,578 107
2002£121,708 £2,241 159
2001£81,061 £1,748 74
2000£59,529 £1,381 66
1999£49,571 £1,123 51
1998£47,563 £1,054 48
1997£45,915 £1,093 67
1996£42,330 £928 40
1995£46,752 £999 39
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£390,0002
2023£455,625 £5,267 8
2022£453,917 £5,848 12
2021£446,043 £4,927 23
2020£457,105 £4,243 19
2019£389,407 £4,176 14
2018£388,182 £4,271 11
2017£425,212 £4,433 13
2016£381,136 £4,364 11
2015£319,921 £3,554 15
2014£309,208 £3,315 12
2013£266,167 £2,685 12
2012£255,667 £2,604 21
2011£256,358 £2,849 18
2010£247,059 £2,584 17
2009£248,125 £2,382 8
2008£274,500 £2,662 14
2007£254,479 £2,691 24
2006£242,842 £2,626 38
2005£250,368 £2,389 27
2004£214,761 £2,540 22
2003£204,537 £2,434 27
2002£183,240 £2,125 28
2001£145,562 £1,566 32
2000£109,861 £1,383 18
1999£100,215 £1,391 19
1998£98,650 £1,249 20
1997£83,343 £832 19
1996£81,154 £868 28
1995£81,774 £1,013 38
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£535,0001
2023£685,833 £4,820 3
2022£550,000 £7,051 1
2021£437,500 £4,838 2
2020£480,000 £5,161 1
2019£470,000 £5,875 1
2018£550,000 £4,955 1
2017£485,000 £4,481 3
2016£432,000 £3,512 1
2015£436,250 £4,202 2
2014£270,000 £3,253 1
2012£327,500 £2,950 1
2011£340,000 £3,257 1
2010£402,500 £2,837 2
2008£293,500 £2,389 2
2007£316,125 £2,474 4
2006£285,000 £3,654 1
2005£233,333 £2,675 3
2004£294,931 £2,440 8
2003£209,0001
2002£208,250 £2,525 4
2001£136,667 £1,150 3
2000£182,500 £1,785 4
1998£119,9951
1997£115,600 £1,061 3
1996£107,700 £1,111 5
1995£110,794 £1,144 8
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,000,0001
2019£288,333 £4,162 3
2018£450,000 £4,945 1
2016£432,500 £5,086 2

House Type in RM6 4TP area

The most common house types in the RM6 4TP postcode area are Terraced (72), Semi-detached (58), and Flat (38).

Total183
Terraced72
Semi-detached58
Flat38
Detached15
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 with a mortgage or loan (54), and Owned: Owns outright (40).

Owned: Owns with a mortgage or loan54
Owned: Owns outright40
Private rented: Private landlord or letting agency40
Social rented: Other social rented25
Shared ownership: Shared ownership15
Private rented: Other private rented6
Social rented: Rents from council or Local Authority3
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the RM6 4TP have 2 people in household (53), and 4 people in household (44).

2 people in household53
4 people in household44
3 people in household29
1 person in household24
5 people in household22
6 people in household5
8 or more people in household5
0 people in household0
7 people in household0