Housing Market Analysis for MORGAN TERRACE, RM6 5BA

Are you looking to understand RM6 5BA 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 5BA area, explore the RM6 5BA Area information page.
For comprehensive crime statistics in the RM6 5BA area, explore the RM6 5BA Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the RM6 5BA postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £245,800 median price is £245,000 Standard Deviation is £147,330 with Total Sold: 5
    • The Last 5 Year average price is £410,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 2 MORGAN TERRACE: £414,000 (Sold on 31 Mar 2022)
    • The first recorded sale happened at this postcode is 2 MORGAN TERRACE: £70,000 (Sold on 28 Feb 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average RM6 5BA 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£414,000 £4,871 1
2021£407,000 £4,153 1
2008£245,000 £2,500 1
1999£93,000 £1,094 1
1995£70,000 £824 1

All the Sales in the MORGAN TERRACE, RM6 5BA

See the table below for more details on the sold house prices in the RM6 5BA, Redbridge postcode.

AddressSold DatePrice% Change
2 MORGAN TERRACETerraced, FreeholdArea: 85 Sq.mtrAge: 1950-196631 Mar 2022£414,000345.16%
12 Oct 1999£93,00032.86%
28 Feb 1995£70,000First Sale
3 MORGAN TERRACETerraced, FreeholdArea: 98 Sq.mtrAge: 1950-196628 Jan 2021£407,00066.12%
29 Aug 2008£245,000First Sale

Check out the sold house prices near the RM6 5BA postcode. Properties currently for saleProperties currently for rent

MORGAN TERRACE, RM6 5BA Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the RM6 5BA 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 5BA postcode.

  • Semi-Detached
    • The average price is around £259,918 median price is £245,000 Standard Deviation is £127,951 with Total Sold: 921
    • The Last 5 Year average price is £446,190 with Total Sold: 154
    • The most recent sale happened at this postcode is , 100 FRESHWELL AVENUE: £525,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 65 CHADVILLE GARDENS: £73,000 (Sold on 06 Jan 1995)
  • Terraced
    • The average price is around £230,114 median price is £220,000 Standard Deviation is £120,265 with Total Sold: 1,872
    • The Last 5 Year average price is £438,048 with Total Sold: 225
    • The most recent sale happened at this postcode is , 41 HAVERING GARDENS: £480,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 43 JARROW ROAD: £60,000 (Sold on 16 Jan 1995)
  • Flat
    • The average price is around £149,813 median price is £158,050 Standard Deviation is £62,587 with Total Sold: 1,456
    • The Last 5 Year average price is £212,977 with Total Sold: 158
    • The most recent sale happened at this postcode is FLAT 18, ROSEWOOD COURT CHADWELL HEATH LANE: £175,000 (Sold on 21 Jun 2024)
    • The first recorded sale happened at this postcode is , 31 CUNNINGHAM CLOSE: £45,000 (Sold on 20 Jan 1995)
  • Detached
    • The average price is around £276,726 median price is £249,995 Standard Deviation is £140,992 with Total Sold: 58
    • The Last 5 Year average price is £505,500 with Total Sold: 5
    • The most recent sale happened at this postcode is , 9 DUNMOW CLOSE: £682,500 (Sold on 30 May 2023)
    • The first recorded sale happened at this postcode is , 9 PUTNEY GARDENS: £108,350 (Sold on 26 May 1995)
  • Other
    • The average price is around £1,103,265 median price is £901,000 Standard Deviation is £1,022,771 with Total Sold: 17
    • The Last 5 Year average price is £1,389,488 with Total Sold: 4
    • The most recent sale happened at this postcode is FLAT 1, KEITH LAUDER HOUSE PORTLAND GARDENS: £901,000 (Sold on 25 Feb 2022)
    • The first recorded sale happened at this postcode is , SITE B NEWTON INDUSTRIAL ESTATE: £500,000 (Sold on 09 Dec 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£454,000 £4,553 10
2023£482,696 £5,809 23
2022£463,654 £5,148 26
2021£454,900 £5,147 40
2020£431,500 £4,368 32
2019£391,835 £4,479 23
2018£382,342 £4,603 19
2017£420,192 £4,627 26
2016£393,857 £4,446 35
2015£337,328 £3,922 29
2014£321,708 £3,347 24
2013£261,716 £2,942 31
2012£255,417 £2,743 30
2011£255,208 £3,071 31
2010£253,667 £3,031 21
2009£239,412 £2,709 17
2008£264,100 £2,936 25
2007£272,950 £2,597 39
2006£242,744 £2,633 59
2005£237,836 £2,336 43
2004£225,890 £2,565 39
2003£209,228 £2,463 30
2002£183,156 £2,002 43
2001£151,758 £1,582 29
2000£130,674 £1,449 23
1999£107,844 £1,397 45
1998£103,120 £1,268 25
1997£90,048 £847 32
1996£77,975 £847 42
1995£78,542 £927 30
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£496,618 £4,756 17
2023£476,814 £5,116 35
2022£460,440 £5,521 50
2021£425,245 £4,853 52
2020£405,812 £4,468 40
2019£389,116 £4,674 31
2018£415,609 £4,442 39
2017£385,354 £4,415 48
2016£355,266 £4,367 48
2015£320,058 £3,728 57
2014£274,961 £3,313 52
2013£252,323 £2,926 34
2012£245,239 £2,851 49
2011£222,434 £2,812 34
2010£237,238 £2,863 43
2009£222,932 £2,498 34
2008£257,182 £2,958 55
2007£245,893 £2,828 118
2006£238,775 £2,516 153
2005£221,483 £2,450 79
2004£211,382 £2,404 80
2003£194,044 £2,351 105
2002£160,701 £2,077 146
2001£132,122 £1,544 82
2000£114,735 £1,444 64
1999£96,564 £1,217 62
1998£87,703 £989 54
1997£77,849 £908 77
1996£68,618 £835 77
1995£67,678 £900 57
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£227,818 £4,020 11
2023£232,225 £3,913 20
2022£217,449 £4,360 38
2021£216,046 £4,085 38
2020£221,143 £3,895 14
2019£187,324 £3,579 37
2018£231,541 £4,095 39
2017£201,799 £3,973 41
2016£215,402 £4,045 45
2015£170,060 £3,290 62
2014£166,439 £3,122 49
2013£139,020 £2,598 23
2012£132,944 £2,303 9
2011£126,029 £2,382 17
2010£137,165 £2,654 24
2009£130,231 £2,427 13
2008£158,422 £2,926 32
2007£160,951 £2,997 81
2006£157,344 £2,972 73
2005£170,166 £3,120 135
2004£176,850 £3,276 176
2003£135,960 £2,572 84
2002£123,765 £2,213 146
2001£84,931 £1,781 50
2000£61,460 £1,352 44
1999£50,595 £1,083 34
1998£46,622 £1,006 31
1997£41,643 £970 33
1996£43,315 £939 31
1995£47,919 £1,063 26
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£682,500 £3,922 1
2022£385,000 £6,014 1
2021£600,000 £3,774 1
2020£390,000 £4,239 1
2019£470,000 £5,875 1
2018£535,000 £4,403 2
2017£495,000 £4,110 2
2016£442,500 £4,775 2
2015£378,750 £4,580 2
2014£270,000 £3,253 1
2013£250,000 £3,289 1
2012£327,500 £2,950 1
2011£284,000 £2,818 3
2009£278,748 £3,438 4
2008£288,667 £2,391 3
2007£299,833 £2,702 3
2006£274,500 £2,222 2
2005£218,167 £2,355 3
2004£240,798 £2,263 5
2003£275,000 £2,412 1
2002£270,750 £2,428 2
2001£136,000 £1,150 2
2000£184,000 £1,365 4
1997£111,150 £1,204 2
1996£84,375 £1,312 4
1995£112,088 £1,156 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£901,0001
2021£540,9752
2020£3,575,0001
2018£1,721,000 £3,841 2
2017£265,000 £1,961 3
2016£1,070,5601
2015£1,218,000 £2,376 5
2014£900,0002

House Type in RM6 5BA area

The most common house types in the RM6 5BA postcode area are Terraced (67), Semi-detached (54), and Detached (5).

Total126
Terraced67
Semi-detached54
Detached5
Flat0
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 (69), and Owned: Owns outright (35).

Owned: Owns with a mortgage or loan69
Owned: Owns outright35
Private rented: Private landlord or letting agency20
Shared ownership: Shared ownership1
Social rented: Rents from council or Local Authority1
Does not apply0
Social rented: Other social rented0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the RM6 5BA have 4 people in household (29), and 2 people in household (27).

4 people in household29
2 people in household27
3 people in household22
1 person in household18
5 people in household17
7 people in household6
6 people in household5
8 or more people in household3
0 people in household0