Housing Market Analysis for PALM ROAD, RM7 7AP

Are you looking to understand RM7 7AP 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 RM7 7AP area, explore the RM7 7AP Area information page.
For comprehensive crime statistics in the RM7 7AP area, explore the RM7 7AP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the RM7 7AP postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £204,800 median price is £192,000 Standard Deviation is £105,046 with Total Sold: 10
- The Last 5 Year average price is £362,500 with Total Sold: 2
- The most recent sale happened at this postcode is 17 PALM ROAD: £360,000 (Sold on 06 Apr 2023)
- The first recorded sale happened at this postcode is 27 PALM ROAD: £365,000 (Sold on 08 Mar 2021)
Terraced
- The average price is around £120,824 median price is £97,498 Standard Deviation is £62,345 with Total Sold: 10
- The most recent sale happened at this postcode is 11 PALM ROAD: £225,000 (Sold on 07 Dec 2007)
- The first recorded sale happened at this postcode is 9 PALM ROAD: £65,000 (Sold on 18 Dec 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average RM7 7AP 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£360,000	£3,750	1
2014	£272,500	£2,787	2
2005	£192,000	£2,260	2
2003	£161,000		1
1999	£74,000		1
1998	£82,000	£617	1
1996	£77,000		1
2021	£365,000	£4,398	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2007	£225,000	£2,778	1
2004	£235,000	£2,788	1
2003	£165,000	£2,037	1
2001	£103,998	£1,420	3
2000	£67,000	£795	1
1997	£69,625	£793	2
1995	£65,000		1

All the Sales in the PALM ROAD, RM7 7AP

See the table below for more details on the sold house prices in the RM7 7AP, Havering postcode.

Address	Sold Date	Price	% Change
17 PALM ROADSemi-Detached, FreeholdArea: 96 Sq.mtrAge: 1900-1929	06 Apr 2023	£360,000	First Sale
35 PALM ROADSemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1950-1966	15 Dec 2014	£270,000	55.17%
	22 Jul 2005	£174,000	First Sale
23 PALM ROADSemi-Detached, FreeholdArea: 133 Sq.mtrAge: before 1900	30 Oct 2014	£275,000	235.37%
	27 Feb 1998	£82,000	First Sale
11 PALM ROADTerraced, FreeholdArea: 81 Sq.mtrAge: 1930-1949	07 Dec 2007	£225,000	36.36%
	04 Jun 2003	£165,000	43.48%
	02 Apr 2001	£114,995	78.98%
	07 Feb 1997	£64,250	First Sale
15 PALM ROADSemi-Detached, Freehold	09 Sep 2005	£210,000	30.43%
	30 May 2003	£161,000	117.57%
	15 Jul 1999	£74,000	First Sale
7 PALM ROADTerraced, FreeholdArea: 84.3 Sq.mtrAge: 1900-1929	29 Oct 2004	£235,000	250.75%
	31 Jul 2000	£67,000	First Sale
13 PALM ROADTerraced, Freehold	09 Nov 2001	£117,000	46.25%
13 PALM ROADTerraced, Freehold	01 May 2001	£80,000	First Sale
9 PALM ROADTerraced, Freehold	27 Jun 1997	£75,000	15.38%
9 PALM ROADTerraced, Freehold	18 Dec 1995	£65,000	First Sale
21 PALM ROADSemi-Detached, Freehold	29 Apr 1996	£77,000	First Sale
27 PALM ROADSemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1930-1949	08 Mar 2021	£365,000	First Sale

Check out the sold house prices near the RM7 7AP postcode. Properties currently for saleProperties currently for rent

PALM ROAD, RM7 7AP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the RM7 7AP 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 RM7 7AP postcode.

Terraced
- The average price is around £205,789 median price is £190,500 Standard Deviation is £113,993 with Total Sold: 1,494
- The Last 5 Year average price is £386,774 with Total Sold: 209
- The most recent sale happened at this postcode is , 11 RECREATION AVENUE: £470,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 12 RECREATION AVENUE: £55,000 (Sold on 27 Jan 1995)
Flat
- The average price is around £157,134 median price is £156,000 Standard Deviation is £71,315 with Total Sold: 1,397
- The Last 5 Year average price is £236,983 with Total Sold: 302
- The most recent sale happened at this postcode is FLAT 15, GREENVIEW HOUSE, 75 LONDON ROAD: £215,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 59 OAK STREET: £40,000 (Sold on 23 Jan 1995)
Semi-Detached
- The average price is around £231,223 median price is £206,000 Standard Deviation is £191,832 with Total Sold: 1,033
- The Last 5 Year average price is £452,774 with Total Sold: 164
- The most recent sale happened at this postcode is , 3 RECREATION AVENUE: £417,500 (Sold on 21 Aug 2024)
- The first recorded sale happened at this postcode is , 140 MAWNEY ROAD: £43,500 (Sold on 12 Jan 1995)
Other
- The average price is around £938,674 median price is £506,000 Standard Deviation is £1,256,992 with Total Sold: 43
- The Last 5 Year average price is £632,136 with Total Sold: 28
- The most recent sale happened at this postcode is , 60A LONDON ROAD: £375,000 (Sold on 07 Jun 2024)
- The first recorded sale happened at this postcode is , 20 - 28 LONDON ROAD: £1,705,000 (Sold on 13 Aug 2015)
Detached
- The average price is around £307,109 median price is £270,000 Standard Deviation is £168,425 with Total Sold: 126
- The Last 5 Year average price is £505,288 with Total Sold: 26
- The most recent sale happened at this postcode is , 69 MILDMAY ROAD: £425,000 (Sold on 28 Feb 2024)
- The first recorded sale happened at this postcode is , 2 CHERRY STREET: £98,000 (Sold on 17 Feb 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£432,112		13
2023	£411,232	£4,947	28
2022	£423,173	£5,013	42
2021	£378,755	£4,701	44
2020	£356,600	£4,269	35
2019	£357,116	£4,221	47
2018	£354,843	£4,188	54
2017	£359,212	£4,259	48
2016	£328,888	£4,015	40
2015	£284,110	£3,435	47
2014	£241,845	£2,889	44
2013	£229,008	£2,595	43
2012	£201,072	£2,556	31
2011	£206,151	£2,542	33
2010	£208,240	£2,467	45
2009	£192,448	£2,263	23
2008	£219,316	£2,679	39
2007	£213,744	£2,636	69
2006	£200,547	£2,447	74
2005	£186,655	£2,467	67
2004	£183,358	£2,273	60
2003	£166,595	£1,923	55
2002	£133,713	£1,573	92
2001	£113,383	£1,349	66
2000	£98,620	£1,218	55
1999	£79,621	£946	72
1998	£72,678	£925	61
1997	£65,706	£777	56
1996	£57,967	£668	58
1995	£59,438	£695	53

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£236,818		11
2023	£247,193	£4,620	27
2022	£222,422	£4,425	53
2021	£235,976	£4,910	63
2020	£238,061	£5,846	94
2019	£245,505	£5,043	54
2018	£216,905	£4,512	49
2017	£210,376	£3,996	47
2016	£206,696	£4,354	46
2015	£181,285	£3,370	51
2014	£152,616	£2,939	43
2013	£146,828	£2,952	38
2012	£150,531	£2,757	60
2011	£137,585	£2,804	20
2010	£114,041	£2,345	12
2009	£135,608	£2,766	43
2008	£183,568	£3,888	48
2007	£165,664	£3,168	76
2006	£153,553	£3,132	59
2005	£170,379	£2,967	86
2004	£126,144	£2,695	40
2003	£127,815	£2,550	62
2002	£94,093	£2,083	48
2001	£77,237	£1,540	42
2000	£63,980	£1,351	46
1999	£57,424	£1,233	47
1998	£49,541	£1,105	28
1997	£47,352	£1,021	42
1996	£45,857	£988	42
1995	£38,189	£814	20

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£414,676	£3,962	17
2023	£438,712	£4,893	26
2022	£440,414	£5,359	29
2021	£587,679	£6,304	37
2020	£377,537	£4,585	24
2019	£394,258	£4,281	31
2018	£374,508	£4,419	31
2017	£361,214	£4,209	21
2016	£355,414	£3,881	35
2015	£307,790	£3,575	31
2014	£279,554	£2,878	38
2013	£246,321	£2,667	28
2012	£223,671	£2,619	28
2011	£220,677	£2,486	31
2010	£225,800	£2,641	26
2009	£200,071	£2,279	17
2008	£243,750	£2,593	24
2007	£234,533	£2,584	46
2006	£215,406	£2,784	39
2005	£199,930	£2,244	42
2004	£192,714	£2,463	40
2003	£188,851	£1,958	49
2002	£150,545	£1,745	47
2001	£126,157	£1,433	52
2000	£111,327	£1,295	36
1999	£86,306	£971	52
1998	£81,254	£913	41
1997	£70,458	£846	36
1996	£64,514	£706	46
1995	£65,485	£703	33

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£432,500	£5,976	2
2023	£619,667	£213	3
2022	£491,500	£3,552	4
2021	£604,625	£5,453	6
2020	£636,611	£7,211	9
2019	£913,143	£743	4
2018	£1,858,000		3
2017	£471,771	£2,934	8
2016	£3,870,000		3
2015	£1,705,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£425,000		1
2023	£558,000	£4,396	5
2022	£549,500	£4,129	8
2021	£459,188	£4,914	8
2020	£497,500	£3,779	2
2019	£429,000	£3,880	2
2018	£477,750	£5,202	6
2017	£411,000	£4,738	3
2016	£548,333	£3,149	3
2015	£305,000	£3,389	1
2014	£340,917	£3,042	6
2013	£303,455	£2,243	5
2012	£294,000	£2,669	2
2011	£250,000	£2,835	2
2009	£338,750	£3,833	4
2008	£290,333	£2,892	3
2007	£260,433	£2,454	8
2006	£298,250	£2,135	4
2005	£226,250	£2,103	2
2004	£217,607	£2,869	7
2003	£263,333	£2,039	3
2002	£233,722	£1,580	9
2001	£218,333	£1,667	3
2000	£214,475	£1,358	8
1999	£113,500	£795	4
1998	£115,750	£746	4
1997	£96,899	£924	5
1996	£80,000		3
1995	£94,800	£741	5

House Type in RM7 7AP area

The most common house types in the RM7 7AP postcode area are Semi-detached (65), Terraced (17), and Flat (16).

Total	117
Semi-detached	65
Terraced	17
Flat	16
Detached	11
Shared house	6
converted building	1
commercial building	1
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (47), and Owned: Owns with a mortgage or loan (44).

Owned: Owns outright	47
Owned: Owns with a mortgage or loan	44
Private rented: Private landlord or letting agency	25
Social rented: Other social rented	1
Private rented: Other private 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 RM7 7AP have 1 person in household (40), and 2 people in household (30).

1 person in household	40
2 people in household	30
3 people in household	23
4 people in household	15
5 people in household	7
6 people in household	3
7 people in household	3
0 people in household	0
8 or more people in household	0