Housing Market Analysis for SOMERVILLE ROAD, RM6 5BD

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

Overview of Sold House prices

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

Terraced
- The average price is around £196,154 median price is £192,500 Standard Deviation is £115,398 with Total Sold: 19
- The Last 5 Year average price is £437,500 with Total Sold: 2
- The most recent sale happened at this postcode is 33 SOMERVILLE ROAD: £460,000 (Sold on 06 Jul 2023)
- The first recorded sale happened at this postcode is 15 SOMERVILLE ROAD: £64,000 (Sold on 25 Apr 1996)
Semi-Detached
- The average price is around £260,375 median price is £241,750 Standard Deviation is £75,078 with Total Sold: 12
- The Last 5 Year average price is £401,000 with Total Sold: 1
- The most recent sale happened at this postcode is 4 SOMERVILLE ROAD: £401,000 (Sold on 03 Nov 2022)
- The first recorded sale happened at this postcode is 28 SOMERVILLE ROAD: £180,000 (Sold on 06 Apr 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average RM6 5BD 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
2023	£460,000	£5,169	1
2021	£415,000	£5,753	1
2018	£427,000	£4,908	1
2016	£150,000	£1,744	1
2012	£205,000	£2,824	1
2011	£232,000	£3,216	1
2006	£202,813	£2,962	3
2005	£197,000		1
2004	£192,000	£1,957	2
2001	£117,750		2
2000	£94,000		1
1998	£106,000	£1,060	1
1997	£82,995	£883	1
1996	£65,000	£759	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£401,000	£5,012	1
2016	£340,000	£4,722	1
2015	£360,000	£3,495	1
2011	£285,000	£2,841	2
2009	£164,000		1
2008	£238,500		1
2007	£230,000		1
2005	£258,000	£2,505	1
2002	£191,500	£2,343	2
2001	£180,000	£1,748	1

All the Sales in the SOMERVILLE ROAD, RM6 5BD

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

Address	Sold Date	Price	% Change
33 SOMERVILLE ROADTerraced, FreeholdArea: 89 Sq.mtrAge: 1930-1949	06 Jul 2023	£460,000	First Sale
4 SOMERVILLE ROADSemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1930-1949	03 Nov 2022	£401,000	First Sale
29 SOMERVILLE ROADTerraced, FreeholdArea: 72.14 Sq.mtrAge: 1930-1949	21 Apr 2021	£415,000	78.88%
	17 Jun 2011	£232,000	First Sale
23 SOMERVILLE ROADTerraced, FreeholdArea: 87 Sq.mtrAge: 1930-1949	13 Dec 2018	£427,000	546.97%
	27 Sep 1996	£66,000	First Sale
14 SOMERVILLE ROADSemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1930-1949	16 Mar 2016	£340,000	First Sale
13 SOMERVILLE ROADTerraced, FreeholdArea: 86 Sq.mtrAge: 1930-1949	04 Mar 2016	£150,000	First Sale
28 SOMERVILLE ROADSemi-Detached, FreeholdArea: 103 Sq.mtrAge: 1930-1949	27 Aug 2015	£360,000	39.53%
	29 Jun 2005	£258,000	43.33%
	06 Apr 2001	£180,000	First Sale
25 SOMERVILLE ROADTerraced, FreeholdArea: 72.58 Sq.mtrAge: 1930-1949	11 Apr 2012	£205,000	First Sale
22 SOMERVILLE ROADSemi-Detached, FreeholdArea: 131.1 Sq.mtrAge: 1930-1949	10 Aug 2011	£325,000	First Sale
12 SOMERVILLE ROADSemi-Detached, FreeholdArea: 76.47 Sq.mtrAge: 1930-1949	04 Apr 2011	£245,000	First Sale
10 SOMERVILLE ROADSemi-Detached, Freehold	09 Jan 2009	£164,000	First Sale
17 SOMERVILLE ROADSemi-Detached, Freehold	22 Feb 2008	£238,500	First Sale
8 SOMERVILLE ROADSemi-Detached, Freehold	13 Apr 2007	£230,000	First Sale
27 SOMERVILLE ROADTerraced, Freehold	04 Sep 2006	£218,000	9.00%
	05 Jul 2004	£200,000	69.49%
	22 Jun 2001	£118,000	First Sale
19 SOMERVILLE ROADTerraced, FreeholdArea: 65 Sq.mtrAge: 1930-1949	13 Apr 2006	£192,500	First Sale
7 SOMERVILLE ROADTerraced, Freehold	30 Jan 2006	£197,940	68.46%
	20 Jul 2001	£117,500	25.00%
	15 Mar 2000	£94,000	First Sale
11 SOMERVILLE ROADTerraced, Freehold	03 Aug 2005	£197,000	First Sale
9 SOMERVILLE ROADTerraced, FreeholdArea: 94 Sq.mtrAge: 1930-1949	18 May 2004	£184,000	121.70%
	26 Sep 1997	£82,995	First Sale
6 SOMERVILLE ROADSemi-Detached, FreeholdArea: 81.74 Sq.mtrAge: 1930-1949	13 Nov 2002	£208,000	18.86%
	28 Mar 2002	£175,000	First Sale
5 SOMERVILLE ROADTerraced, FreeholdArea: 100 Sq.mtrAge: 1930-1949	16 Oct 1998	£106,000	First Sale
15 SOMERVILLE ROADTerraced, Freehold	25 Apr 1996	£64,000	First Sale

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

SOMERVILLE ROAD, RM6 5BD Near By properties

Interactive Map

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

Terraced
- The average price is around £233,236 median price is £225,000 Standard Deviation is £123,785 with Total Sold: 2,451
- The Last 5 Year average price is £443,624 with Total Sold: 292
- 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 , 43 JARROW ROAD: £60,000 (Sold on 16 Jan 1995)
Flat
- The average price is around £142,227 median price is £149,150 Standard Deviation is £64,118 with Total Sold: 1,817
- The Last 5 Year average price is £213,281 with Total Sold: 184
- 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 £248,162 median price is £238,000 Standard Deviation is £127,905 with Total Sold: 862
- The Last 5 Year average price is £455,666 with Total Sold: 116
- The most recent sale happened at this postcode is , 48 DONALD DRIVE: £490,000 (Sold on 24 May 2024)
- The first recorded sale happened at this postcode is , 29 BEDE ROAD: £63,000 (Sold on 11 Jan 1995)
Other
- The average price is around £763,179 median price is £302,500 Standard Deviation is £1,122,233 with Total Sold: 14
- The Last 5 Year average price is £725,707 with Total Sold: 7
- 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)
Detached
- The average price is around £262,205 median price is £249,500 Standard Deviation is £141,648 with Total Sold: 73
- The Last 5 Year average price is £508,500 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 , 21 HEATHFIELD PARK DRIVE: £105,000 (Sold on 10 Mar 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£489,850	£5,519	20
2023	£489,571	£5,261	42
2022	£478,138	£5,426	65
2021	£439,219	£4,916	65
2020	£409,765	£4,561	51
2019	£380,676	£4,604	49
2018	£417,038	£4,447	55
2017	£398,271	£4,381	59
2016	£368,035	£4,495	67
2015	£319,613	£3,741	74
2014	£285,433	£3,278	75
2013	£259,553	£2,923	57
2012	£247,152	£2,879	67
2011	£234,780	£2,819	41
2010	£238,928	£2,719	60
2009	£219,391	£2,553	35
2008	£262,068	£2,930	66
2007	£248,509	£2,916	161
2006	£237,058	£2,535	172
2005	£223,458	£2,511	117
2004	£226,200	£2,534	130
2003	£195,714	£2,386	128
2002	£161,745	£2,110	163
2001	£131,632	£1,596	108
2000	£110,349	£1,434	83
1999	£96,196	£1,193	83
1998	£85,925	£1,022	80
1997	£75,774	£908	99
1996	£69,754	£840	100
1995	£66,059	£914	79

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£223,000	£4,020	14
2023	£231,225	£4,604	24
2022	£215,326	£4,464	40
2021	£212,658	£4,123	49
2020	£229,735	£4,072	17
2019	£190,838	£3,864	40
2018	£230,878	£4,220	40
2017	£206,720	£4,118	46
2016	£211,733	£4,088	53
2015	£173,924	£3,339	70
2014	£162,748	£3,071	69
2013	£140,310	£2,660	24
2012	£132,268	£2,316	10
2011	£127,742	£2,398	26
2010	£141,950	£2,659	31
2009	£127,605	£2,433	19
2008	£160,071	£2,958	35
2007	£160,159	£3,041	88
2006	£153,263	£2,999	86
2005	£169,990	£3,108	157
2004	£170,584	£3,224	208
2003	£130,691	£2,573	108
2002	£121,259	£2,228	159
2001	£81,737	£1,744	76
2000	£60,410	£1,366	70
1999	£50,975	£1,140	52
1998	£47,753	£1,038	49
1997	£46,186	£1,064	74
1996	£42,062	£930	40
1995	£46,566	£980	43

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£424,286	£4,580	7
2023	£480,233	£5,525	15
2022	£489,944	£5,339	18
2021	£450,206	£4,948	34
2020	£459,276	£4,428	29
2019	£402,977	£4,241	13
2018	£387,500	£4,544	17
2017	£430,012	£4,549	21
2016	£394,204	£4,223	27
2015	£336,584	£3,758	30
2014	£318,547	£3,351	21
2013	£265,218	£2,869	25
2012	£251,712	£2,677	26
2011	£255,554	£2,770	27
2010	£262,568	£2,824	22
2009	£231,429	£2,670	14
2008	£268,920	£3,006	25
2007	£267,450	£2,585	39
2006	£243,707	£2,568	58
2005	£249,522	£2,320	41
2004	£223,956	£2,444	40
2003	£203,995	£2,272	35
2002	£176,231	£1,783	44
2001	£144,411	£1,504	34
2000	£121,616	£1,409	30
1999	£103,689	£1,256	33
1998	£100,938	£1,180	22
1997	£87,363	£816	29
1996	£77,027	£835	39
1995	£81,052	£942	47

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£372,667		3
2021	£6,950		1
2020	£3,575,000		1
2019	£190,000	£4,097	2
2018	£3,200,000		1
2017	£156,333	£2,098	3
2016	£645,187	£5,086	3

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£682,500	£3,922	1
2022	£485,000	£4,949	1
2021	£425,000	£4,620	1
2020	£480,000	£5,161	1
2019	£470,000	£5,875	1
2018	£535,000	£4,403	2
2017	£485,000	£4,481	3
2016	£439,000	£4,354	3
2015	£436,250	£4,202	2
2014	£270,000	£3,253	1
2013	£310,000	£3,163	1
2012	£327,500	£2,950	1
2011	£316,000	£2,657	2
2009	£250,000	£3,788	1
2008	£288,667	£2,391	3
2007	£316,125	£2,474	4
2006	£300,000	£2,222	1
2005	£237,375	£2,675	4
2004	£271,277	£2,400	9
2003	£209,000		1
2002	£215,000	£2,812	3
2001	£175,000	£1,191	2
2000	£176,400	£1,476	5
1998	£134,998	£1,007	2
1997	£112,275	£1,095	4
1996	£96,917	£1,111	6
1995	£110,794	£1,144	8

House Type in RM6 5BD area

The most common house types in the RM6 5BD postcode area are Semi-detached (66), Terraced (52), and Detached (8).

Total	126
Semi-detached	66
Terraced	52
Detached	8
Flat	0
Shared house	0
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 (56), and Owned: Owns with a mortgage or loan (51).

Owned: Owns outright	56
Owned: Owns with a mortgage or loan	51
Private rented: Private landlord or letting agency	16
Private rented: Other private rented	2
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	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 RM6 5BD have 1 person in household (27), and 2 people in household (27).

1 person in household	27
2 people in household	27
4 people in household	25
3 people in household	23
5 people in household	13
6 people in household	6
8 or more people in household	3
7 people in household	2
0 people in household	0