Housing Market Analysis for KING GEORGE CLOSE, RM7 7PN

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

Overview of Sold House prices

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

  • Other
    • The average price is around £30,920,000 median price is £16,575,000 Standard Deviation is £28,338,199 with Total Sold: 3
    • The Last 5 Year average price is £70,500,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 KING GEORGE CLOSE: £70,500,000 (Sold on 15 Jan 2021)
    • The first recorded sale happened at this postcode is UNIT 2-3 KING GEORGE CLOSE: £16,575,000 (Sold on 30 Nov 2016)

Sold Price Trend Over the Years:

Below table and chart gives the average RM7 7PN 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£70,500,0001
2017£5,685,0001
2016£16,575,0001

All the Sales in the KING GEORGE CLOSE, RM7 7PN

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

AddressSold DatePrice% Change
3 KING GEORGE CLOSEOther, Freehold15 Jan 2021£70,500,000First Sale
UNIT 2-3 KING GEORGE CLOSEOther, Freehold05 Jul 2017£5,685,000-65.70%
30 Nov 2016£16,575,000First Sale

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

KING GEORGE CLOSE, RM7 7PN Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £249,032 median price is £224,995 Standard Deviation is £188,511 with Total Sold: 1,160
    • The Last 5 Year average price is £456,179 with Total Sold: 210
    • The most recent sale happened at this postcode is , 9 WALMER CLOSE: £510,000 (Sold on 15 Aug 2024)
    • The first recorded sale happened at this postcode is , 45 HAINAULT ROAD: £54,000 (Sold on 20 Feb 1995)
  • Terraced
    • The average price is around £218,966 median price is £202,250 Standard Deviation is £119,245 with Total Sold: 1,126
    • The Last 5 Year average price is £392,574 with Total Sold: 184
    • The most recent sale happened at this postcode is , 5 POPLAR STREET: £465,200 (Sold on 01 Aug 2024)
    • The first recorded sale happened at this postcode is , 113 LINLEY CRESCENT: £58,000 (Sold on 09 Jan 1995)
  • Detached
    • The average price is around £268,809 median price is £249,995 Standard Deviation is £143,238 with Total Sold: 170
    • The Last 5 Year average price is £462,724 with Total Sold: 29
    • 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 , 75 FOREST ROAD: £52,000 (Sold on 12 Jan 1995)
  • Flat
    • The average price is around £132,936 median price is £126,000 Standard Deviation is £71,687 with Total Sold: 442
    • The Last 5 Year average price is £227,321 with Total Sold: 64
    • The most recent sale happened at this postcode is , 16 WINSTON CLOSE: £210,000 (Sold on 09 Oct 2023)
    • The first recorded sale happened at this postcode is FLAT 2, PARKLAND COURT HAYDEN WAY: £43,000 (Sold on 08 Feb 1995)
  • Other
    • The average price is around £4,867,309 median price is £1,131,900 Standard Deviation is £13,568,066 with Total Sold: 26
    • The Last 5 Year average price is £7,536,694 with Total Sold: 13
    • The most recent sale happened at this postcode is , LONDON ROAD GARAGE (ROMFORD) LTD EASTERN AVENUE WEST: £6,000,000 (Sold on 19 Dec 2022)
    • 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£464,906 £4,975 16
2023£458,854 £4,665 24
2022£473,515 £5,215 48
2021£552,358 £6,189 45
2020£400,000 £4,520 31
2019£377,432 £4,191 46
2018£386,549 £4,137 47
2017£379,412 £4,262 33
2016£353,053 £3,765 47
2015£310,366 £3,291 35
2014£282,365 £3,190 32
2013£244,553 £2,652 33
2012£235,368 £2,819 19
2011£227,487 £2,494 19
2010£226,680 £2,602 41
2009£222,510 £2,326 20
2008£228,196 £2,685 28
2007£240,220 £2,652 50
2006£222,535 £2,391 56
2005£211,983 £2,255 45
2004£200,312 £2,265 55
2003£197,432 £2,029 42
2002£156,883 £1,718 40
2001£126,093 £1,390 48
2000£122,471 £1,261 45
1999£99,053 £998 53
1998£91,675 £979 37
1997£76,721 £822 45
1996£72,957 £778 47
1995£67,197 £788 33
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£444,729 £4,112 8
2023£428,317 £5,068 23
2022£429,353 £4,849 34
2021£379,479 £4,396 45
2020£381,533 £4,096 42
2019£347,675 £4,196 32
2018£383,959 £4,237 37
2017£361,817 £4,427 30
2016£339,103 £3,884 34
2015£278,655 £3,319 43
2014£262,451 £2,937 43
2013£236,245 £2,605 39
2012£218,024 £2,422 21
2011£202,214 £2,522 28
2010£205,853 £2,508 17
2009£197,130 £2,219 23
2008£223,841 £2,439 22
2007£230,741 £2,475 57
2006£200,608 £2,371 46
2005£196,914 £2,246 50
2004£184,122 £2,078 51
2003£184,805 £2,056 36
2002£141,226 £1,668 54
2001£114,225 £1,361 51
2000£110,986 £1,210 40
1999£86,262 £1,038 45
1998£77,550 £885 35
1997£71,817 £876 47
1996£62,867 £744 49
1995£64,538 £677 44
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£305,0001
2023£494,800 £5,014 5
2022£493,571 £5,106 7
2021£478,125 £5,090 8
2020£417,500 £4,294 6
2019£427,500 £3,975 2
2018£410,000 £5,000 1
2017£447,857 £4,769 7
2016£434,000 £4,237 7
2015£314,800 £3,294 5
2014£284,286 £3,498 7
2013£255,432 £2,868 6
2012£252,667 £3,225 3
2011£292,500 £2,863 6
2010£234,833 £2,327 6
2009£235,333 £4,260 3
2008£180,000 £2,930 1
2007£283,788 £2,920 12
2006£256,857 £2,506 7
2005£318,333 £2,216 3
2004£279,167 £3,530 6
2003£218,582 £3,354 6
2002£169,226 £2,252 11
2001£162,583 £1,469 6
2000£124,054 £1,450 9
1999£109,020 £1,549 5
1998£95,750 £892 4
1997£104,000 £1,210 4
1996£89,062 £715 8
1995£79,499 £863 8
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£238,222 £4,326 9
2022£231,932 £4,269 14
2021£225,175 £4,396 20
2020£226,750 £3,471 8
2019£218,462 £4,270 13
2018£239,161 £4,221 13
2017£236,562 £3,683 8
2016£214,548 £3,817 21
2015£192,102 £3,337 22
2014£154,980 £2,680 20
2013£135,050 £2,969 10
2012£134,330 £2,262 10
2011£121,458 £2,007 7
2010£133,036 £2,522 14
2009£132,286 £2,409 7
2008£151,231 £2,598 13
2007£136,285 £2,581 14
2006£160,000 £2,315 14
2005£126,857 £2,553 14
2004£124,168 £2,203 16
2003£114,549 £1,723 15
2002£83,954 £1,759 22
2001£73,363 £1,405 20
2000£65,447 £1,181 19
1999£59,487 £1,004 20
1998£49,858 £890 18
1997£45,076 £759 19
1996£44,850 £786 14
1995£47,118 £1,007 28
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£2,273,150 £7,272 4
2021£15,375,000 £4,293 5
2020£3,810,000 £31,230 1
2019£2,733,1413
2018£789,3333
2017£2,476,667 £9,082 3
2016£4,455,000 £2,009 4
2015£290,0002
2014£375,0001

House Type in RM7 7PN area

The most common house types in the RM7 7PN postcode area are Terraced (61), Semi-detached (35), and Detached (21).

Total117
Terraced61
Semi-detached35
Detached21
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 outright (59), and Owned: Owns with a mortgage or loan (47).

Owned: Owns outright59
Owned: Owns with a mortgage or loan47
Private rented: Private landlord or letting agency10
Social rented: Rents from council or Local Authority1
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the RM7 7PN have 2 people in household (35), and 1 person in household (31).

2 people in household35
1 person in household31
3 people in household21
4 people in household19
5 people in household9
6 people in household2
7 people in household1
8 or more people in household1
0 people in household0