Housing Market Analysis for OAK STREET, RM7 7BS

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

Overview of Sold House prices

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

Terraced
- The average price is around £212,288 median price is £200,000 Standard Deviation is £99,697 with Total Sold: 28
- The Last 5 Year average price is £363,100 with Total Sold: 5
- The most recent sale happened at this postcode is 1 OAK STREET: £392,500 (Sold on 29 Nov 2023)
- The first recorded sale happened at this postcode is 14 OAK STREET: £65,000 (Sold on 25 Oct 1995)
Flat
- The average price is around £109,867 median price is £44,000 Standard Deviation is £95,564 with Total Sold: 3
- The Last 5 Year average price is £245,000 with Total Sold: 1
- The most recent sale happened at this postcode is 4, WINGROVE COURT OAK STREET: £245,000 (Sold on 21 Dec 2021)
- The first recorded sale happened at this postcode is FLAT 4, WINGROVE COURT OAK STREET: £40,600 (Sold on 01 Oct 1996)
Semi-Detached
- The average price is around £245,000 median price is £245,000 Standard Deviation is £25,000 with Total Sold: 2
- The most recent sale happened at this postcode is 25 OAK STREET: £270,000 (Sold on 16 Nov 2004)
- The first recorded sale happened at this postcode is 25 OAK STREET: £220,000 (Sold on 17 Oct 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average RM7 7BS 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	£392,500	£5,097	1
2021	£378,000	£4,909	1
2019	£348,333	£4,299	3
2017	£249,150	£3,236	1
2016	£370,000	£3,524	1
2015	£242,500	£3,109	1
2013	£285,000	£3,239	1
2012	£230,000	£3,092	1
2008	£185,000		2
2006	£220,000	£2,750	1
2005	£206,250	£2,499	2
2004	£209,333	£2,325	3
2003	£200,000	£2,353	1
2002	£144,500	£1,647	3
2001	£113,950	£1,480	2
1998	£69,500	£901	2
1996	£56,000	£700	1
1995	£65,000	£874	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£245,000		1
1997	£44,000	£1,023	1
1996	£40,600	£923	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2004	£270,000		1
2003	£220,000		1

All the Sales in the OAK STREET, RM7 7BS

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

Address	Sold Date	Price	% Change
1 OAK STREETTerraced, FreeholdArea: 77 Sq.mtrAge: 1900-1929	29 Nov 2023	£392,500	57.54%
	11 Aug 2017	£249,150	44.02%
	14 Jun 2004	£173,000	50.43%
	20 Sep 2001	£115,000	First Sale
4, WINGROVE COURT OAK STREETFlat, Leasehold	21 Dec 2021	£245,000	First Sale
5 OAK STREETTerraced, FreeholdArea: 77 Sq.mtrAge: 1930-1949	12 Aug 2021	£378,000	104.32%
5 OAK STREETTerraced, FreeholdArea: 77 Sq.mtrAge: 1930-1949	27 Jul 2004	£185,000	First Sale
28 OAK STREETTerraced, FreeholdArea: 82 Sq.mtrAge: 1900-1929	18 Feb 2019	£365,000	82.50%
	20 Dec 2005	£200,000	233.33%
	26 Jun 1998	£60,000	First Sale
30 OAK STREETTerraced, FreeholdArea: 77 Sq.mtrAge: 1900-1929	31 Jan 2019	£365,000	223.29%
	28 Sep 2001	£112,900	First Sale
21 OAK STREETTerraced, FreeholdArea: 85 Sq.mtrAge: 1900-1929	24 Jan 2019	£315,000	57.50%
	08 May 2003	£200,000	42.86%
	31 Oct 2002	£140,000	First Sale
15 OAK STREETTerraced, FreeholdArea: 105 Sq.mtrAge: 1930-1949	21 Sep 2016	£370,000	First Sale
9 OAK STREETTerraced, FreeholdArea: 78 Sq.mtrAge: 1930-1949	05 Jan 2015	£242,500	First Sale
13 OAK STREETTerraced, FreeholdArea: 88 Sq.mtrAge: 1900-1929	21 Nov 2013	£285,000	34.12%
	27 May 2005	£212,500	First Sale
14 OAK STREETTerraced, FreeholdArea: 74.39 Sq.mtrAge: 1900-1929	15 Feb 2012	£230,000	191.14%
	23 Feb 1998	£79,000	21.54%
	25 Oct 1995	£65,000	First Sale
26 OAK STREETTerraced, Freehold	24 Oct 2008	£170,000	First Sale
12 OAK STREETTerraced, Freehold	26 Aug 2008	£200,000	First Sale
24 OAK STREETTerraced, FreeholdArea: 80 Sq.mtrAge: 1930-1949	20 Oct 2006	£220,000	292.86%
	03 Jun 1996	£56,000	First Sale
25 OAK STREETSemi-Detached, Freehold	16 Nov 2004	£270,000	0.0
	16 Nov 2004	£270,000	22.73%
	17 Oct 2003	£220,000	First Sale
19 OAK STREETTerraced, Freehold	19 Dec 2002	£158,500	First Sale
3 OAK STREETTerraced, Freehold	15 Mar 2002	£135,000	First Sale
FLAT 2, WINGROVE COURT OAK STREETFlat, LeaseholdArea: 43 Sq.mtrAge: 1983-1990	25 Jul 1997	£44,000	First Sale
FLAT 4, WINGROVE COURT OAK STREETFlat, LeaseholdArea: 44 Sq.mtrAge: 1996-2002	01 Oct 1996	£40,600	First Sale

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

OAK STREET, RM7 7BS Near By properties

Interactive Map

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

Terraced
- The average price is around £213,599 median price is £195,000 Standard Deviation is £116,731 with Total Sold: 1,113
- The Last 5 Year average price is £387,382 with Total Sold: 172
- 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)
Semi-Detached
- The average price is around £236,208 median price is £212,000 Standard Deviation is £201,288 with Total Sold: 874
- The Last 5 Year average price is £468,444 with Total Sold: 130
- 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)
Flat
- The average price is around £146,871 median price is £142,000 Standard Deviation is £70,577 with Total Sold: 1,065
- The Last 5 Year average price is £232,550 with Total Sold: 155
- The most recent sale happened at this postcode is FLAT 15, OMEGA COURT, 140 LONDON ROAD: £263,000 (Sold on 31 Jul 2024)
- The first recorded sale happened at this postcode is , 59 OAK STREET: £40,000 (Sold on 23 Jan 1995)
Detached
- The average price is around £299,039 median price is £268,000 Standard Deviation is £165,812 with Total Sold: 153
- The Last 5 Year average price is £486,288 with Total Sold: 33
- The most recent sale happened at this postcode is , 173 MAWNEY ROAD: £305,000 (Sold on 28 May 2024)
- The first recorded sale happened at this postcode is , 2 CHERRY STREET: £98,000 (Sold on 17 Feb 1995)
Other
- The average price is around £823,518 median price is £500,000 Standard Deviation is £899,506 with Total Sold: 24
- The Last 5 Year average price is £972,201 with Total Sold: 17
- The most recent sale happened at this postcode is , 38 JUBILEE AVENUE: £490,000 (Sold on 05 Jan 2024)
- The first recorded sale happened at this postcode is , COBORN ENGINEERING CO LTD CHESHAM CLOSE: £375,000 (Sold on 19 Jun 2014)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£417,220		10
2023	£411,167	£4,853	27
2022	£436,608	£4,757	30
2021	£375,117	£4,603	36
2020	£356,929	£4,123	28
2019	£359,988	£4,215	41
2018	£356,391	£4,148	46
2017	£361,993	£4,248	42
2016	£325,946	£4,047	37
2015	£280,004	£3,367	41
2014	£247,292	£2,885	38
2013	£231,643	£2,624	28
2012	£198,549	£2,586	20
2011	£198,711	£2,464	19
2010	£207,353	£2,483	31
2009	£191,862	£2,249	16
2008	£215,180	£2,704	30
2007	£215,732	£2,669	38
2006	£203,930	£2,398	56
2005	£185,784	£2,370	48
2004	£185,123	£2,185	46
2003	£169,660	£1,951	36
2002	£133,518	£1,588	66
2001	£113,889	£1,332	49
2000	£103,217	£1,179	35
1999	£81,319	£939	51
1998	£74,738	£927	42
1997	£68,087	£741	44
1996	£59,218	£660	43
1995	£61,346	£687	39

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£455,821	£4,835	14
2023	£425,125	£4,820	16
2022	£461,009	£5,341	23
2021	£616,155	£6,512	33
2020	£384,435	£4,769	17
2019	£379,352	£4,284	27
2018	£381,439	£4,377	28
2017	£366,771	£4,303	24
2016	£358,953	£3,878	32
2015	£308,948	£3,556	23
2014	£285,906	£3,001	32
2013	£242,774	£2,665	31
2012	£225,390	£2,692	20
2011	£222,111	£2,580	18
2010	£230,033	£2,667	24
2009	£199,246	£2,323	13
2008	£247,333	£2,617	21
2007	£245,229	£2,614	46
2006	£219,953	£2,872	32
2005	£206,371	£2,208	28
2004	£196,100	£2,593	35
2003	£191,705	£2,006	45
2002	£153,093	£1,709	39
2001	£127,157	£1,364	43
2000	£117,626	£1,321	38
1999	£89,631	£1,001	47
1998	£83,748	£917	36
1997	£73,907	£892	28
1996	£68,123	£723	39
1995	£69,909	£760	22

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£233,800	£3,582	10
2023	£230,700	£4,351	15
2022	£229,097	£4,383	31
2021	£230,144	£4,418	45
2020	£223,905	£4,209	21
2019	£245,038	£4,336	33
2018	£222,177	£4,695	31
2017	£202,357	£3,943	34
2016	£210,925	£4,339	40
2015	£181,550	£3,358	41
2014	£150,824	£2,928	37
2013	£143,382	£2,952	34
2012	£154,468	£2,764	51
2011	£126,041	£2,666	17
2010	£117,350	£2,188	10
2009	£136,095	£2,798	38
2008	£177,399	£3,679	47
2007	£175,119	£3,365	69
2006	£148,578	£3,169	40
2005	£173,135	£2,946	77
2004	£124,322	£2,526	31
2003	£111,416	£2,399	36
2002	£91,299	£1,974	40
2001	£75,754	£1,490	38
2000	£63,354	£1,303	37
1999	£52,412	£1,118	38
1998	£48,454	£1,039	30
1997	£42,561	£932	31
1996	£41,046	£872	29
1995	£44,504	£951	34

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£365,000		2
2023	£558,000	£4,396	5
2022	£530,545	£4,256	11
2021	£450,389	£4,688	9
2020	£445,000	£4,270	4
2019	£429,000	£3,880	2
2018	£483,583	£5,634	6
2017	£411,000	£4,738	3
2016	£511,375	£3,056	4
2015	£305,000	£3,389	1
2014	£322,929	£3,175	7
2013	£294,545	£2,361	6
2012	£310,000	£2,271	1
2011	£258,000	£2,607	5
2010	£250,000	£2,182	1
2009	£338,750	£3,833	4
2008	£290,333	£2,892	3
2007	£288,150	£2,523	10
2006	£298,250	£2,135	4
2005	£226,250	£2,103	2
2004	£235,036	£2,593	7
2003	£261,000	£1,889	3
2002	£208,928	£1,850	14
2001	£208,100	£1,368	5
2000	£214,475	£1,358	8
1999	£110,820	£795	5
1998	£113,000	£814	6
1997	£87,249	£1,039	4
1996	£88,998	£664	4
1995	£77,571	£765	7

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£490,000	£5,976	1
2023	£10,000	£213	1
2022	£829,400	£6,072	4
2021	£784,550	£5,067	5
2020	£1,414,625	£22,817	4
2019	£1,564,286		2
2018	£86,000		2
2017	£672,500	£2,519	4
2014	£375,000		1

House Type in RM7 7BS area

The most common house types in the RM7 7BS postcode area are Terraced (38), Flat (37), and Semi-detached (28).

Total	118
Terraced	38
Flat	37
Semi-detached	28
Detached	7
Shared house	7
converted building	1
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (43), and Private rented: Private landlord or letting agency (39).

Owned: Owns with a mortgage or loan	43
Private rented: Private landlord or letting agency	39
Owned: Owns outright	30
Social rented: Rents from council or Local Authority	3
Shared ownership: Shared ownership	2
Does not apply	0
Social rented: Other social rented	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the RM7 7BS have 1 person in household (41), and 3 people in household (26).

1 person in household	41
3 people in household	26
2 people in household	22
4 people in household	15
5 people in household	11
7 people in household	2
6 people in household	1
0 people in household	0
8 or more people in household	0