Housing Market Analysis for WOOD LANE, RM8 1DR

Are you looking to understand RM8 1DR 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 Barking and Dagenham postcode.

For the location information and nearby amenities in the RM8 1DR area, explore the RM8 1DR Area information page.
For comprehensive crime statistics in the RM8 1DR area, explore the RM8 1DR Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the RM8 1DR postcode area, The average prices are as follows,

Terraced
- The average price is around £310,299 median price is £400,000 Standard Deviation is £151,110 with Total Sold: 34
- The Last 5 Year average price is £408,043 with Total Sold: 23
- The most recent sale happened at this postcode is 555 WOOD LANE: £405,000 (Sold on 27 Jun 2019)
- The first recorded sale happened at this postcode is 521 WOOD LANE: £38,225 (Sold on 26 Jan 1996)
Flat
- The average price is around £104,042 median price is £99,000 Standard Deviation is £47,847 with Total Sold: 3
- The most recent sale happened at this postcode is 525 WOOD LANE: £165,000 (Sold on 22 Oct 2018)
- The first recorded sale happened at this postcode is 551 WOOD LANE: £48,125 (Sold on 12 Oct 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average RM8 1DR 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
2019	£408,043	£3,821	23
2017	£350,000	£4,321	1
2014	£195,000	£2,746	1
2005	£119,000	£2,113	2
2002	£68,933	£1,313	3
1996	£43,844	£606	4

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£165,000	£2,362	1
2009	£99,000	£1,417	1
2001	£48,125	£674	1

All the Sales in the WOOD LANE, RM8 1DR

See the table below for more details on the sold house prices in the RM8 1DR, Barking and Dagenham postcode.

Address	Sold Date	Price	% Change
555 WOOD LANETerraced, FreeholdArea: 104 Sq.mtr	27 Jun 2019	£405,000	First Sale
571 WOOD LANETerraced, FreeholdArea: 104 Sq.mtr	29 Mar 2019	£400,000	First Sale
597 WOOD LANETerraced, FreeholdArea: 104 Sq.mtr	28 Mar 2019	£405,000	First Sale
565 WOOD LANETerraced, FreeholdArea: 104 Sq.mtr	28 Mar 2019	£400,000	First Sale
583 WOOD LANETerraced, FreeholdArea: 142 Sq.mtr	28 Mar 2019	£465,000	First Sale
589 WOOD LANETerraced, FreeholdArea: 104 Sq.mtr	22 Mar 2019	£400,000	First Sale
595 WOOD LANETerraced, FreeholdArea: 104 Sq.mtr	22 Mar 2019	£400,000	First Sale
575 WOOD LANETerraced, FreeholdArea: 104 Sq.mtr	22 Mar 2019	£400,000	First Sale
593 WOOD LANETerraced, FreeholdArea: 104 Sq.mtr	22 Mar 2019	£400,000	First Sale
591 WOOD LANETerraced, FreeholdArea: 104 Sq.mtr	22 Mar 2019	£400,000	First Sale
581 WOOD LANETerraced, FreeholdArea: 104 Sq.mtr	15 Mar 2019	£405,000	First Sale
587 WOOD LANETerraced, FreeholdArea: 104 Sq.mtr	15 Mar 2019	£410,000	First Sale
585 WOOD LANETerraced, FreeholdArea: 104 Sq.mtr	15 Mar 2019	£400,000	First Sale
569 WOOD LANETerraced, FreeholdArea: 104 Sq.mtr	15 Mar 2019	£430,000	First Sale
577 WOOD LANETerraced, FreeholdArea: 104 Sq.mtr	08 Mar 2019	£400,000	First Sale
579 WOOD LANETerraced, FreeholdArea: 104 Sq.mtr	08 Mar 2019	£400,000	First Sale
573 WOOD LANETerraced, FreeholdArea: 104 Sq.mtr	08 Mar 2019	£400,000	First Sale
567 WOOD LANETerraced, FreeholdArea: 104 Sq.mtr	01 Mar 2019	£400,000	First Sale
561 WOOD LANETerraced, FreeholdArea: 104 Sq.mtr	27 Feb 2019	£405,000	First Sale
559 WOOD LANETerraced, FreeholdArea: 104 Sq.mtr	27 Feb 2019	£400,000	First Sale
563 WOOD LANETerraced, FreeholdArea: 104 Sq.mtr	27 Feb 2019	£410,000	First Sale
557 WOOD LANETerraced, FreeholdArea: 104 Sq.mtr	26 Feb 2019	£400,000	First Sale
553 WOOD LANETerraced, FreeholdArea: 142 Sq.mtr	26 Feb 2019	£450,000	First Sale
525 WOOD LANEFlat, LeaseholdArea: 69.86 Sq.mtrAge: 1996-2002	22 Oct 2018	£165,000	66.67%
	22 Jun 2009	£99,000	First Sale
549 WOOD LANETerraced, FreeholdArea: 81 Sq.mtrAge: 1991-1995	29 Sep 2017	£350,000	403.60%
	26 Jan 1996	£69,500	First Sale
523 WOOD LANETerraced, FreeholdArea: 71 Sq.mtrAge: 1991-1995	15 May 2014	£195,000	30.00%
	16 May 2005	£150,000	343.46%
	26 Jan 1996	£33,825	First Sale
519 WOOD LANETerraced, Leasehold	05 Jul 2005	£88,000	First Sale
541 WOOD LANETerraced, Leasehold	22 Nov 2002	£58,300	First Sale
531 WOOD LANETerraced, Leasehold	24 Sep 2002	£60,500	First Sale
529 WOOD LANETerraced, FreeholdArea: 67 Sq.mtrAge: 1967-1975	22 Jul 2002	£88,000	First Sale
551 WOOD LANEFlat, LeaseholdArea: 71.4 Sq.mtrAge: 1996-2002	12 Oct 2001	£48,125	First Sale
533 WOOD LANETerraced, LeaseholdArea: 70 Sq.mtrAge: 1996-2002	12 Jul 1996	£33,825	First Sale
521 WOOD LANETerraced, Leasehold	26 Jan 1996	£38,225	First Sale

Check out the sold house prices near the RM8 1DR postcode. Properties currently for saleProperties currently for rent

WOOD LANE, RM8 1DR Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the RM8 1DR 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 RM8 1DR postcode.

Terraced
- The average price is around £201,546 median price is £180,000 Standard Deviation is £108,949 with Total Sold: 1,600
- The Last 5 Year average price is £367,862 with Total Sold: 270
- The most recent sale happened at this postcode is , 652 BECONTREE AVENUE: £255,000 (Sold on 27 Sep 2024)
- The first recorded sale happened at this postcode is , 130 TEMPLE AVENUE: £62,500 (Sold on 20 Jan 1995)
Flat
- The average price is around £136,814 median price is £125,000 Standard Deviation is £78,594 with Total Sold: 405
- The Last 5 Year average price is £233,829 with Total Sold: 101
- The most recent sale happened at this postcode is FLAT 11, MASON APARTMENTS, 115 RAINHAM ROAD NORTH: £240,000 (Sold on 05 Jul 2024)
- The first recorded sale happened at this postcode is FLAT A, 113 TEMPLE AVENUE: £36,500 (Sold on 20 Jan 1995)
Other
- The average price is around £404,482 median price is £125,000 Standard Deviation is £730,028 with Total Sold: 23
- The Last 5 Year average price is £462,365 with Total Sold: 15
- The most recent sale happened at this postcode is , CAR PARK WOOD LANE: £480,000 (Sold on 24 Apr 2024)
- The first recorded sale happened at this postcode is , THREE TRAVELLERS WOOD LANE: £500,000 (Sold on 21 Oct 2013)
Semi-Detached
- The average price is around £198,640 median price is £175,000 Standard Deviation is £120,501 with Total Sold: 188
- The Last 5 Year average price is £367,426 with Total Sold: 38
- The most recent sale happened at this postcode is , 1116 GREEN LANE: £416,000 (Sold on 12 Oct 2023)
- The first recorded sale happened at this postcode is , 26 TENTERDEN ROAD: £60,000 (Sold on 24 Feb 1995)
Detached
- The average price is around £161,250 median price is £161,250 Standard Deviation is £73,750 with Total Sold: 2
- The most recent sale happened at this postcode is , 21 JAMES AVENUE: £235,000 (Sold on 06 Nov 2007)
- The first recorded sale happened at this postcode is , 21 JAMES AVENUE: £87,500 (Sold on 27 Mar 1998)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£374,500	£4,488	17
2023	£385,900	£4,702	35
2022	£396,734	£4,808	47
2021	£355,705	£4,485	46
2020	£340,667	£3,984	42
2019	£363,046	£3,972	83
2018	£328,440	£3,943	65
2017	£318,533	£3,896	45
2016	£299,033	£3,716	54
2015	£260,991	£3,201	56
2014	£219,872	£2,726	43
2013	£196,237	£2,451	40
2012	£183,250	£2,311	26
2011	£180,881	£2,330	42
2010	£171,701	£2,096	29
2009	£174,980	£2,227	31
2008	£200,475	£2,708	40
2007	£196,035	£2,397	99
2006	£179,324	£2,114	74
2005	£175,372	£2,229	78
2004	£171,335	£2,138	67
2003	£156,029	£1,947	76
2002	£124,512	£1,528	86
2001	£99,355	£1,262	68
2000	£90,617	£1,119	55
1999	£75,930	£854	58
1998	£69,730	£906	60
1997	£60,787	£715	58
1996	£52,870	£674	38
1995	£55,991	£659	42

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£244,875	£4,524	4
2023	£228,429	£3,348	7
2022	£224,245	£3,667	11
2021	£206,906	£3,522	16
2020	£168,625	£3,047	4
2019	£247,230	£3,915	59
2018	£188,792	£3,084	12
2017	£186,850	£3,097	20
2016	£174,363	£3,085	22
2015	£146,542	£2,448	12
2014	£129,993	£2,288	15
2013	£120,750	£2,119	12
2012	£99,375	£2,286	8
2011	£109,375	£1,820	4
2010	£111,000	£1,774	2
2009	£111,499	£1,601	6
2008	£129,800	£2,242	5
2007	£121,083	£2,194	12
2006	£121,382	£2,003	17
2005	£117,741	£2,010	17
2004	£118,177	£2,203	13
2003	£94,794	£1,948	17
2002	£81,269	£1,361	17
2001	£58,589	£933	18
2000	£50,156	£899	16
1999	£44,875	£804	12
1998	£38,416	£643	12
1997	£32,846	£652	13
1996	£31,586	£513	11
1995	£31,454	£474	11

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£480,000		1
2023	£485,750	£4,896	4
2022	£450,000		1
2021	£1,727,500		2
2020	£40,000	£1,359	3
2019	£121,870	£2,743	4
2018	£21,867		3
2017	£151,500	£3,179	2
2015	£749,500	£3,551	2
2013	£500,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£381,840	£4,888	5
2022	£393,500	£5,568	8
2021	£393,227	£5,019	11
2020	£323,312	£4,264	8
2019	£332,167	£4,724	6
2018	£349,000	£4,721	4
2017	£349,000	£3,791	3
2016	£322,500	£4,026	5
2015	£300,667	£3,854	6
2014	£237,929	£2,766	7
2013	£246,667	£2,270	3
2011	£174,111	£2,310	9
2010	£163,000	£1,838	2
2009	£159,167	£2,541	3
2008	£192,000		1
2007	£229,897	£3,107	5
2006	£200,000	£2,877	10
2005	£200,000	£2,842	4
2004	£183,659	£2,508	11
2003	£144,863	£1,814	11
2002	£130,667	£1,338	6
2001	£96,250	£1,055	10
2000	£97,749	£1,380	4
1999	£66,666	£800	9
1998	£72,726	£830	11
1997	£52,049	£583	7
1996	£57,200	£666	10
1995	£57,499	£848	9

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2007	£235,000	£2,530	1
1998	£87,500	£942	1

House Type in RM8 1DR area

The most common house types in the RM8 1DR postcode area are Flat (52), Terraced (31), and Semi-detached (20).

Total	118
Flat	52
Terraced	31
Semi-detached	20
Detached	5
Shared house	5
commercial building	4
converted building	1
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (42), and Owned: Owns with a mortgage or loan (34).

Private rented: Private landlord or letting agency	42
Owned: Owns with a mortgage or loan	34
Social rented: Rents from council or Local Authority	16
Owned: Owns outright	10
Shared ownership: Shared ownership	9
Social rented: Other social rented	3
Private rented: Other private rented	3
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the RM8 1DR have 2 people in household (27), and 1 person in household (26).

2 people in household	27
1 person in household	26
4 people in household	26
3 people in household	22
5 people in household	9
6 people in household	5
7 people in household	4
0 people in household	0
8 or more people in household	0