Housing Market Analysis for VICTORY WAY, RM7 8PB

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £282,125 median price is £267,500 Standard Deviation is £114,792 with Total Sold: 16
- The Last 5 Year average price is £414,000 with Total Sold: 5
- The most recent sale happened at this postcode is 3 VICTORY WAY: £515,000 (Sold on 06 Apr 2023)
- The first recorded sale happened at this postcode is 31 VICTORY WAY: £445,000 (Sold on 11 Dec 2023)
Terraced
- The average price is around £168,600 median price is £165,248 Standard Deviation is £82,194 with Total Sold: 10
- The most recent sale happened at this postcode is 18 VICTORY WAY: £357,000 (Sold on 18 May 2017)
- The first recorded sale happened at this postcode is 10 VICTORY WAY: £63,000 (Sold on 07 Apr 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average RM7 8PB 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	£480,000	£5,187	2
2021	£370,000	£3,691	2
2019	£370,000	£5,068	1
2017	£328,500	£4,397	2
2015	£285,000	£3,519	1
2014	£250,000	£3,165	1
2013	£205,000	£2,531	1
2008	£198,500	£2,404	2
2005	£195,000	£2,786	1
2004	£195,250	£1,862	2
1997	£64,500	£921	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£357,000	£4,200	1
2014	£230,000	£2,706	1
2012	£184,500	£2,162	1
2009	£167,500	£2,068	1
2007	£207,000		1
2002	£153,498		2
2000	£105,000	£1,235	1
1997	£64,000		2

All the Sales in the VICTORY WAY, RM7 8PB

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

Address	Sold Date	Price	% Change
3 VICTORY WAYSemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1930-1949	06 Apr 2023	£515,000	148.19%
	29 Oct 2004	£207,500	First Sale
9 VICTORY WAYSemi-Detached, FreeholdArea: 91.76 Sq.mtrAge: 1950-1966	30 Jun 2021	£300,000	33.33%
	18 Feb 2008	£225,000	22.95%
	16 Dec 2004	£183,000	First Sale
5 VICTORY WAYSemi-Detached, FreeholdArea: 107 Sq.mtrAge: 1950-1966	29 Jan 2021	£440,000	First Sale
16 VICTORY WAYSemi-Detached, FreeholdArea: 73 Sq.mtrAge: 1950-1966	15 Mar 2019	£370,000	115.12%
	18 Feb 2008	£172,000	First Sale
22 VICTORY WAYSemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1950-1966	07 Nov 2017	£322,000	First Sale
24 VICTORY WAYSemi-Detached, FreeholdArea: 71 Sq.mtrAge: 1950-1966	28 Jun 2017	£335,000	First Sale
18 VICTORY WAYTerraced, FreeholdArea: 85 Sq.mtrAge: 1950-1966	18 May 2017	£357,000	55.22%
	16 Jul 2014	£230,000	119.05%
	28 Apr 2000	£105,000	First Sale
32 VICTORY WAYSemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1950-1966	05 Mar 2015	£285,000	First Sale
4 VICTORY WAYSemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1950-1966	18 Jul 2014	£250,000	First Sale
2 VICTORY WAYSemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1950-1966	23 Aug 2013	£205,000	First Sale
29 VICTORY WAYTerraced, FreeholdArea: 85.32 Sq.mtrAge: 1950-1966	09 Mar 2012	£184,500	First Sale
23 VICTORY WAYTerraced, FreeholdArea: 81 Sq.mtrAge: 1950-1966	17 Apr 2009	£167,500	First Sale
10 VICTORY WAYTerraced, Freehold	13 Jul 2007	£207,000	228.57%
10 VICTORY WAYTerraced, Freehold	07 Apr 1997	£63,000	First Sale
14 VICTORY WAYSemi-Detached, FreeholdArea: 70 Sq.mtrAge: 1950-1966	26 Aug 2005	£195,000	202.33%
	21 Feb 1997	£64,500	First Sale
8 VICTORY WAYTerraced, Freehold	06 Dec 2002	£144,000	121.54%
8 VICTORY WAYTerraced, Freehold	19 Dec 1997	£65,000	First Sale
25 VICTORY WAYTerraced, Freehold	25 Nov 2002	£162,995	First Sale
31 VICTORY WAYSemi-Detached, FreeholdArea: 97 Sq.mtrAge: 1950-1966	11 Dec 2023	£445,000	First Sale

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

VICTORY WAY, RM7 8PB Near By properties

Interactive Map

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

Terraced
- The average price is around £226,002 median price is £201,250 Standard Deviation is £118,742 with Total Sold: 806
- The Last 5 Year average price is £396,757 with Total Sold: 150
- 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 , 45 ASHDOWN WALK: £43,000 (Sold on 24 Feb 1995)
Semi-Detached
- The average price is around £254,736 median price is £234,000 Standard Deviation is £131,576 with Total Sold: 672
- The Last 5 Year average price is £431,344 with Total Sold: 141
- 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 £268,029 median price is £241,000 Standard Deviation is £151,312 with Total Sold: 88
- The Last 5 Year average price is £520,000 with Total Sold: 11
- 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 £146,509 median price is £148,500 Standard Deviation is £69,015 with Total Sold: 348
- The Last 5 Year average price is £224,820 with Total Sold: 46
- 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 , 158 CROSS ROAD: £48,000 (Sold on 27 Jan 1995)
Other
- The average price is around £324,454 median price is £350,000 Standard Deviation is £109,604 with Total Sold: 11
- The Last 5 Year average price is £314,999 with Total Sold: 8
- 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 , COLLIER ROW CLINIC HULSE AVENUE: £475,000 (Sold on 03 Jun 2016)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£428,462	£4,717	13
2023	£472,375	£5,979	16
2022	£442,156	£5,211	31
2021	£386,250	£4,636	30
2020	£353,461	£4,457	34
2019	£348,981	£4,362	26
2018	£341,867	£4,211	30
2017	£332,878	£4,182	37
2016	£321,352	£3,927	27
2015	£280,914	£3,536	29
2014	£258,583	£3,035	24
2013	£215,615	£2,614	26
2012	£209,406	£2,476	16
2011	£190,826	£2,538	23
2010	£190,957	£2,586	23
2009	£187,325	£2,442	25
2008	£214,054	£2,676	9
2007	£214,970	£2,688	43
2006	£189,460	£2,363	45
2005	£180,183	£2,311	19
2004	£182,215	£2,149	36
2003	£172,403	£2,022	39
2002	£141,437	£1,768	24
2001	£121,025	£1,397	20
2000	£98,604	£1,164	24
1999	£85,330	£1,079	32
1998	£80,567	£995	20
1997	£72,542	£876	34
1996	£62,392	£730	28
1995	£64,435	£772	23

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£471,500	£5,075	8
2023	£475,644	£5,053	25
2022	£459,808	£5,456	26
2021	£420,689	£4,948	36
2020	£402,804	£4,279	23
2019	£382,266	£4,342	23
2018	£381,957	£4,535	23
2017	£365,427	£4,563	26
2016	£362,250	£3,947	28
2015	£306,688	£3,405	16
2014	£275,198	£3,028	32
2013	£231,654	£2,643	26
2012	£233,062	£2,666	16
2011	£224,750	£2,540	12
2010	£227,500	£2,506	20
2009	£200,266	£2,265	15
2008	£225,843	£2,677	16
2007	£245,282	£3,483	23
2006	£222,105	£2,315	33
2005	£200,310	£2,487	21
2004	£193,224	£2,109	31
2003	£186,317	£1,933	22
2002	£150,347	£1,659	35
2001	£119,456	£1,446	17
2000	£116,716	£1,159	16
1999	£101,621	£985	16
1998	£82,277	£935	18
1997	£78,531	£883	24
1996	£75,640	£784	25
1995	£64,750	£731	20

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£535,000		1
2023	£530,000	£4,794	2
2022	£460,000	£6,667	1
2021	£493,750	£5,404	4
2020	£440,000	£3,165	1
2019	£625,000	£3,762	2
2018	£615,000	£3,458	1
2017	£411,667	£5,448	3
2016	£365,000	£3,932	2
2015	£491,250	£3,915	4
2014	£322,500	£3,471	6
2013	£294,400	£3,238	4
2012	£232,000	£3,206	1
2011	£264,625	£3,087	4
2010	£256,000	£2,812	4
2009	£246,000	£2,339	1
2008	£260,000	£5,117	3
2007	£245,750	£3,171	3
2006	£224,167	£2,149	3
2005	£226,000	£5,136	1
2004	£262,332	£2,911	3
2003	£246,667	£2,384	3
2002	£171,000	£2,178	3
2001	£143,133	£1,375	3
2000	£125,498	£1,369	3
1999	£114,224	£1,444	6
1998	£133,749	£1,799	4
1997	£97,000	£1,002	4
1996	£89,499	£1,060	6
1995	£120,750	£675	2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£155,000		1
2023	£203,200	£3,886	10
2022	£246,033	£4,520	6
2021	£215,333	£3,676	6
2020	£224,455	£3,912	11
2019	£243,125	£4,120	12
2018	£233,821	£4,205	12
2017	£240,143	£3,964	7
2016	£217,488	£3,711	21
2015	£186,694	£3,185	18
2014	£169,508	£2,710	12
2013	£160,195	£2,748	10
2012	£158,858	£2,749	12
2011	£199,219	£4,023	21
2010	£137,722	£2,362	9
2009	£113,500	£1,703	5
2008	£150,250	£2,618	10
2007	£150,944	£2,362	18
2006	£137,468	£2,282	16
2005	£133,804	£2,156	14
2004	£131,200	£2,002	10
2003	£103,499	£1,636	12
2002	£90,583	£1,591	12
2001	£81,076	£1,273	13
2000	£67,500	£1,123	19
1999	£56,917	£948	12
1998	£50,189	£817	9
1997	£46,727	£751	11
1996	£40,556	£643	9
1995	£41,250	£629	10

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£260,000	£3,333	1
2021	£370,000	£4,205	1
2020	£346,665	£5,381	3
2019	£283,333	£6,481	3
2018	£189,000	£4,610	1
2017	£385,000	£4,529	1
2016	£475,000		1

House Type in RM7 8PB area

The most common house types in the RM7 8PB postcode area are Terraced (75), Semi-detached (42), and Flat (16).

Total	150
Terraced	75
Semi-detached	42
Flat	16
commercial building	7
Detached	6
Shared house	2
converted building	2
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (48), and Owned: Owns outright (43).

Social rented: Rents from council or Local Authority	48
Owned: Owns outright	43
Owned: Owns with a mortgage or loan	43
Private rented: Private landlord or letting agency	15
Does not apply	0
Shared ownership: Shared ownership	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 8PB have 1 person in household (45), and 2 people in household (39).

1 person in household	45
2 people in household	39
3 people in household	23
4 people in household	21
5 people in household	14
6 people in household	4
7 people in household	3
8 or more people in household	2
0 people in household	0