Housing Market Analysis for VICTORY WAY, RM7 8PA

Are you looking to understand RM7 8PA 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 8PA area, explore the RM7 8PA Area information page.
For comprehensive crime statistics in the RM7 8PA area, explore the RM7 8PA Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the RM7 8PA postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £233,624 median price is £223,750 Standard Deviation is £131,385 with Total Sold: 8
    • The Last 5 Year average price is £412,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 43 VICTORY WAY: £400,000 (Sold on 14 Nov 2022)
    • The first recorded sale happened at this postcode is 38 VICTORY WAY: £57,000 (Sold on 15 May 1995)
  • Terraced
    • The average price is around £218,267 median price is £181,000 Standard Deviation is £112,455 with Total Sold: 15
    • The Last 5 Year average price is £421,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 55 VICTORY WAY: £507,000 (Sold on 10 Mar 2021)
    • The first recorded sale happened at this postcode is 40 VICTORY WAY: £48,000 (Sold on 31 May 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average RM7 8PA 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
2022£400,000 £5,882 1
2021£425,000 £5,519 1
2018£302,000 £3,775 1
2015£285,000 £3,800 1
2011£162,5001
2002£162,500 £2,141 1
1997£74,995 £988 1
1995£57,000 £712 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£421,000 £4,120 2
2017£325,000 £4,577 1
2016£287,500 £4,323 2
2015£250,000 £3,566 1
2011£164,000 £2,310 1
2010£178,000 £2,602 1
2009£160,000 £2,282 1
2007£181,000 £2,646 1
2006£177,000 £1,874 2
2001£98,500 £674 2
1996£48,000 £676 1

All the Sales in the VICTORY WAY, RM7 8PA

See the table below for more details on the sold house prices in the RM7 8PA, Havering postcode.

AddressSold DatePrice% Change
43 VICTORY WAYSemi-Detached, FreeholdArea: 68 Sq.mtrAge: 1950-196614 Nov 2022£400,000First Sale
50 VICTORY WAYSemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1950-196624 Sep 2021£425,000First Sale
55 VICTORY WAYTerraced, FreeholdArea: 144 Sq.mtrAge: 1950-196610 Mar 2021£507,000172.58%
29 Aug 2006£186,00091.75%
02 Apr 2001£97,000First Sale
42 VICTORY WAYTerraced, FreeholdArea: 71 Sq.mtrAge: 1967-197524 Feb 2021£335,0003.08%
24 Mar 2017£325,00098.17%
14 Oct 2011£164,000First Sale
38 VICTORY WAYSemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1950-196603 Aug 2018£302,000429.82%
15 May 1995£57,000First Sale
51 VICTORY WAYTerraced, FreeholdArea: 67 Sq.mtrAge: 1950-196611 Mar 2016£295,000First Sale
47 VICTORY WAYTerraced, FreeholdArea: 66 Sq.mtrAge: 1950-196605 Feb 2016£280,000First Sale
34 VICTORY WAYSemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1950-196627 Mar 2015£285,00075.38%
28 Aug 2002£162,500116.68%
30 Apr 1997£74,995First Sale
44 VICTORY WAYTerraced, FreeholdArea: 70.11 Sq.mtrAge: 1950-196627 Feb 2015£250,00056.25%
07 Oct 2009£160,000First Sale
48 VICTORY WAYSemi-Detached, Freehold07 Jul 2011£162,500First Sale
41 VICTORY WAYTerraced, FreeholdArea: 68.4 Sq.mtrAge: 1950-196607 May 2010£178,000-1.66%
29 Mar 2007£181,0007.74%
21 Dec 2006£168,000First Sale
35 VICTORY WAYTerraced, Freehold20 Dec 2001£100,000First Sale
40 VICTORY WAYTerraced, FreeholdArea: 71.03 Sq.mtrAge: 1950-196631 May 1996£48,000First Sale

Check out the sold house prices near the RM7 8PA postcode. Properties currently for saleProperties currently for rent

VICTORY WAY, RM7 8PA Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the RM7 8PA 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 8PA postcode.

  • Terraced
    • The average price is around £228,229 median price is £205,000 Standard Deviation is £118,763 with Total Sold: 936
    • The Last 5 Year average price is £398,026 with Total Sold: 171
    • The most recent sale happened at this postcode is , 104 LYNTON AVENUE: £385,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 11 RAMSDEN DRIVE: £66,000 (Sold on 31 Jan 1995)
  • Semi-Detached
    • The average price is around £248,806 median price is £227,500 Standard Deviation is £128,626 with Total Sold: 821
    • The Last 5 Year average price is £425,177 with Total Sold: 161
    • The most recent sale happened at this postcode is , 14 HULSE AVENUE: £500,000 (Sold on 20 Aug 2024)
    • The first recorded sale happened at this postcode is , 424 MAWNEY ROAD: £75,000 (Sold on 12 Jan 1995)
  • Detached
    • The average price is around £280,620 median price is £250,000 Standard Deviation is £153,959 with Total Sold: 105
    • The Last 5 Year average price is £507,000 with Total Sold: 16
    • The most recent sale happened at this postcode is , 221 COLLIER ROW LANE: £535,000 (Sold on 15 Aug 2024)
    • The first recorded sale happened at this postcode is , 234 COLLIER ROW LANE: £121,500 (Sold on 12 Jan 1995)
  • Flat
    • The average price is around £136,870 median price is £136,000 Standard Deviation is £69,596 with Total Sold: 509
    • The Last 5 Year average price is £224,605 with Total Sold: 59
    • The most recent sale happened at this postcode is , 28 REPULSE CLOSE: £155,000 (Sold on 31 Jul 2024)
    • The first recorded sale happened at this postcode is , 8 ERITH CRESCENT: £32,500 (Sold on 13 Apr 1995)
  • Other
    • The average price is around £379,101 median price is £265,000 Standard Deviation is £597,797 with Total Sold: 26
    • The Last 5 Year average price is £218,411 with Total Sold: 17
    • The most recent sale happened at this postcode is APARTMENT 13, TYTHE COURT, 141 WHITE HART LANE: £260,000 (Sold on 08 Jun 2022)
    • The first recorded sale happened at this postcode is , 316 - 318 COLLIER ROW LANE: £2,116,770 (Sold on 14 Jul 2015)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£425,719 £4,717 16
2023£460,667 £5,787 15
2022£446,718 £5,189 40
2021£383,487 £4,657 39
2020£353,008 £4,440 35
2019£352,346 £4,457 26
2018£344,600 £4,277 40
2017£336,711 £4,222 45
2016£320,371 £3,904 31
2015£280,347 £3,510 36
2014£259,042 £2,961 24
2013£215,683 £2,621 30
2012£210,053 £2,590 19
2011£190,867 £2,478 30
2010£192,769 £2,496 26
2009£193,620 £2,448 30
2008£216,299 £2,662 15
2007£217,570 £2,706 46
2006£192,798 £2,535 46
2005£181,478 £2,383 24
2004£182,729 £2,204 44
2003£174,448 £2,064 46
2002£148,184 £1,833 27
2001£119,692 £1,466 26
2000£99,540 £1,248 27
1999£85,033 £1,094 33
1998£79,774 £1,035 25
1997£69,456 £893 36
1996£62,550 £721 30
1995£63,965 £777 29
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£463,818 £5,200 11
2023£472,254 £5,082 26
2022£450,233 £5,613 30
2021£418,100 £5,008 43
2020£387,089 £4,464 28
2019£380,397 £4,307 23
2018£379,393 £4,596 28
2017£361,428 £4,648 34
2016£356,394 £4,147 33
2015£309,714 £3,555 21
2014£270,809 £3,192 40
2013£229,574 £2,772 34
2012£231,058 £2,702 17
2011£224,750 £2,540 12
2010£226,074 £2,537 27
2009£203,522 £2,287 22
2008£218,657 £2,635 19
2007£245,862 £3,339 29
2006£216,895 £2,353 43
2005£197,680 £2,327 25
2004£198,178 £2,224 30
2003£177,031 £2,089 32
2002£151,028 £1,680 41
2001£116,612 £1,531 20
2000£118,187 £1,426 23
1999£98,042 £1,032 22
1998£83,863 £1,010 22
1997£76,704 £895 33
1996£75,672 £785 29
1995£69,250 £742 24
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£535,0001
2023£522,500 £4,791 4
2022£479,750 £6,237 2
2021£487,500 £5,164 5
2020£440,000 £3,165 1
2019£550,000 £4,970 3
2018£485,000 £4,229 2
2017£411,667 £5,448 3
2016£370,000 £3,975 4
2015£439,999 £3,517 6
2014£319,286 £3,552 7
2013£271,900 £3,352 4
2012£232,000 £3,206 1
2011£291,700 £3,087 5
2010£261,800 £2,812 5
2009£246,000 £2,339 1
2008£260,000 £5,117 3
2007£245,750 £3,171 3
2006£292,000 £2,559 4
2005£226,000 £5,136 1
2004£239,874 £2,488 4
2003£246,667 £2,384 3
2002£171,000 £2,178 3
2001£134,725 £1,539 2
2000£121,999 £1,467 4
1999£113,192 £1,444 7
1998£133,749 £1,799 4
1997£94,600 £875 5
1996£89,499 £1,060 6
1995£120,750 £675 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£155,0001
2023£216,125 £4,327 12
2022£236,171 £5,199 7
2021£211,708 £4,171 12
2020£227,769 £4,233 13
2019£239,179 £4,315 14
2018£230,678 £4,563 16
2017£236,800 £4,506 10
2016£208,101 £3,627 32
2015£189,568 £3,364 22
2014£169,153 £3,089 17
2013£151,363 £2,823 15
2012£150,807 £2,718 14
2011£188,564 £3,864 25
2010£142,944 £2,545 9
2009£121,722 £2,281 9
2008£148,607 £2,529 14
2007£148,759 £2,535 25
2006£133,500 £2,551 21
2005£129,905 £2,540 21
2004£128,026 £2,344 19
2003£96,608 £1,826 23
2002£87,978 £1,662 18
2001£78,054 £1,554 22
2000£60,357 £1,062 28
1999£55,728 £1,116 23
1998£51,889 £990 18
1997£44,834 £816 19
1996£38,412 £778 16
1995£36,750 £653 14
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£260,000 £3,333 1
2021£256,500 £4,205 4
2020£274,999 £4,075 4
2019£165,875 £5,938 8
2018£183,000 £4,340 3
2017£385,000 £4,529 1
2016£165,333 £12 3
2015£2,356,8142

House Type in RM7 8PA area

The most common house types in the RM7 8PA postcode area are Terraced (83), Semi-detached (37), and Detached (6).

Total131
Terraced83
Semi-detached37
Detached6
Shared house4
Flat1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (52), and Owned: Owns outright (43).

Owned: Owns with a mortgage or loan52
Owned: Owns outright43
Private rented: Private landlord or letting agency21
Social rented: Rents from council or Local Authority12
Shared ownership: Shared ownership1
Social rented: Other social rented1
Does not apply0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the RM7 8PA have 1 person in household (40), and 3 people in household (27).

1 person in household40
3 people in household27
2 people in household24
4 people in household20
5 people in household11
6 people in household8
8 or more people in household2
7 people in household1
0 people in household0