Housing Market Analysis for PALM ROAD, RM7 7BX

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £211,833 median price is £163,500 Standard Deviation is £139,781 with Total Sold: 3
    • The most recent sale happened at this postcode is 1B PALM ROAD: £402,000 (Sold on 27 Nov 2018)
    • The first recorded sale happened at this postcode is 6 PALM ROAD: £70,000 (Sold on 31 Jan 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average RM7 7BX 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£402,000 £4,061 1
2001£163,500 £1,652 1
1996£70,0001

All the Sales in the PALM ROAD, RM7 7BX

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

AddressSold DatePrice% Change
1B PALM ROADSemi-Detached, FreeholdArea: 99 Sq.mtrAge: 1967-197527 Nov 2018£402,000145.87%
28 Sep 2001£163,500First Sale
6 PALM ROADSemi-Detached, Freehold31 Jan 1996£70,000First Sale

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

PALM ROAD, RM7 7BX Near By properties

Interactive Map

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

  • Flat
    • The average price is around £163,794 median price is £170,000 Standard Deviation is £70,831 with Total Sold: 1,627
    • The Last 5 Year average price is £237,149 with Total Sold: 342
    • The most recent sale happened at this postcode is FLAT 8, DERWENT COURT RIVERSIDE CLOSE: £272,000 (Sold on 12 Sep 2024)
    • The first recorded sale happened at this postcode is , 59 OAK STREET: £40,000 (Sold on 23 Jan 1995)
  • Terraced
    • The average price is around £210,956 median price is £194,995 Standard Deviation is £116,185 with Total Sold: 1,213
    • The Last 5 Year average price is £390,957 with Total Sold: 169
    • 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 £236,539 median price is £210,000 Standard Deviation is £205,367 with Total Sold: 842
    • The Last 5 Year average price is £477,437 with Total Sold: 123
    • 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 , 15 LINDEN STREET: £82,000 (Sold on 03 Jan 1995)
  • Other
    • The average price is around £838,485 median price is £435,000 Standard Deviation is £1,137,064 with Total Sold: 45
    • The Last 5 Year average price is £662,580 with Total Sold: 29
    • 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 , COBORN ENGINEERING CO LTD CHESHAM CLOSE: £375,000 (Sold on 19 Jun 2014)
  • Detached
    • The average price is around £310,014 median price is £272,750 Standard Deviation is £168,529 with Total Sold: 128
    • The Last 5 Year average price is £505,696 with Total Sold: 28
    • 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£239,75012
2023£235,320 £4,345 35
2022£233,819 £4,447 61
2021£234,645 £4,748 76
2020£236,538 £5,728 98
2019£245,254 £4,965 60
2018£220,280 £4,485 53
2017£220,965 £4,105 60
2016£208,500 £4,142 63
2015£190,665 £3,472 64
2014£162,090 £2,944 61
2013£147,774 £2,872 40
2012£150,248 £2,712 62
2011£126,793 £2,573 22
2010£130,131 £2,365 19
2009£137,198 £2,746 46
2008£178,726 £3,715 51
2007£185,090 £3,282 162
2006£154,928 £3,069 62
2005£170,507 £2,971 83
2004£138,501 £2,640 55
2003£129,020 £2,505 73
2002£92,499 £2,013 47
2001£75,236 £1,499 42
2000£62,502 £1,255 41
1999£56,869 £1,189 52
1998£49,125 £1,026 37
1997£43,225 £915 35
1996£40,858 £890 33
1995£37,774 £791 22
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£432,89212
2023£411,104 £4,816 24
2022£433,992 £4,998 30
2021£380,163 £4,713 38
2020£356,258 £4,168 31
2019£367,662 £4,287 34
2018£357,186 £4,117 51
2017£362,357 £4,209 44
2016£333,750 £4,060 38
2015£285,027 £3,457 43
2014£244,291 £2,876 35
2013£232,613 £2,582 31
2012£201,413 £2,556 26
2011£208,609 £2,587 23
2010£215,630 £2,469 38
2009£190,865 £2,114 20
2008£219,982 £2,699 34
2007£217,425 £2,658 52
2006£199,825 £2,352 57
2005£184,432 £2,433 52
2004£186,221 £2,263 52
2003£168,122 £1,900 39
2002£134,091 £1,600 74
2001£116,351 £1,403 55
2000£101,183 £1,204 47
1999£80,186 £935 51
1998£73,227 £924 50
1997£65,171 £727 42
1996£58,671 £676 49
1995£60,122 £695 41
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£447,208 £4,652 12
2023£425,938 £4,841 16
2022£466,800 £5,229 24
2021£633,804 £6,675 30
2020£403,359 £4,919 15
2019£395,212 £4,319 26
2018£380,307 £4,360 27
2017£377,455 £4,181 22
2016£364,875 £3,836 28
2015£316,850 £3,476 28
2014£284,548 £2,916 31
2013£246,667 £2,674 27
2012£228,657 £2,678 21
2011£220,500 £2,562 20
2010£231,300 £2,652 26
2009£206,514 £2,374 14
2008£244,647 £2,549 17
2007£242,410 £2,628 44
2006£225,410 £2,920 28
2005£200,792 £2,280 27
2004£192,742 £2,501 33
2003£187,418 £1,958 46
2002£155,516 £1,698 40
2001£126,994 £1,397 37
2000£113,513 £1,310 31
1999£88,293 £991 45
1998£84,101 £910 34
1997£72,463 £854 30
1996£66,515 £716 37
1995£66,827 £718 26
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£432,500 £5,976 2
2023£619,667 £213 3
2022£432,000 £3,552 3
2021£787,536 £5,067 7
2020£636,611 £7,211 9
2019£790,514 £743 5
2018£331,750 £952 4
2017£500,000 £2,934 7
2016£3,870,0003
2015£1,705,0001
2014£375,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£425,0001
2023£558,000 £4,396 5
2022£549,500 £4,129 8
2021£469,550 £4,791 10
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£622,500 £3,136 2
2015£302,500 £3,307 2
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£205,000 £1,330 4
2000£214,475 £1,358 8
1999£113,500 £795 4
1998£115,750 £746 4
1997£95,624 £1,039 4
1996£80,333 £457 3
1995£94,800 £741 5

House Type in RM7 7BX area

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

Total117
Semi-detached65
Terraced17
Flat16
Detached11
Shared house6
converted building1
commercial building1
temporary structure0

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 outright47
Owned: Owns with a mortgage or loan44
Private rented: Private landlord or letting agency25
Social rented: Other social rented1
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the RM7 7BX have 1 person in household (40), and 2 people in household (30).

1 person in household40
2 people in household30
3 people in household23
4 people in household15
5 people in household7
6 people in household3
7 people in household3
0 people in household0
8 or more people in household0