Housing Market Analysis for BANNER LANE, RM8 1EN

Are you looking to understand RM8 1EN 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 1EN area, explore the RM8 1EN Area information page.
For comprehensive crime statistics in the RM8 1EN area, explore the RM8 1EN Crime Rates page.

Overview of Sold House prices

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

  • Terraced
    • The average price is around £228,365 median price is £275,000 Standard Deviation is £65,952 with Total Sold: 3
    • The most recent sale happened at this postcode is 1 BANNER LANE: £135,094 (Sold on 29 May 2015)
    • The first recorded sale happened at this postcode is 9 BANNER LANE: £275,000 (Sold on 22 May 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average RM8 1EN 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£228,365 £2,537 3

All the Sales in the BANNER LANE, RM8 1EN

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

AddressSold DatePrice% Change
1 BANNER LANETerraced, FreeholdArea: 90 Sq.mtr29 May 2015£135,094First Sale
2 BANNER LANETerraced, FreeholdArea: 90 Sq.mtr29 May 2015£275,000First Sale
9 BANNER LANETerraced, FreeholdArea: 90 Sq.mtr22 May 2015£275,000First Sale

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

BANNER LANE, RM8 1EN Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £197,217 median price is £172,000 Standard Deviation is £106,657 with Total Sold: 2,170
    • The Last 5 Year average price is £342,705 with Total Sold: 265
    • The most recent sale happened at this postcode is , 48 GERALD ROAD: £460,000 (Sold on 18 Sep 2024)
    • The first recorded sale happened at this postcode is , 40 WINIFRED ROAD: £40,000 (Sold on 26 Jan 1995)
  • Flat
    • The average price is around £161,710 median price is £154,998 Standard Deviation is £82,589 with Total Sold: 396
    • The Last 5 Year average price is £228,634 with Total Sold: 55
    • The most recent sale happened at this postcode is FLAT 4, MILLER COURT, 45 ROYAL ANGLIAN WAY: £322,000 (Sold on 19 Jan 2024)
    • The first recorded sale happened at this postcode is , 2 SPARKS CLOSE: £52,487 (Sold on 05 May 1995)
  • Semi-Detached
    • The average price is around £201,879 median price is £183,000 Standard Deviation is £118,828 with Total Sold: 215
    • The Last 5 Year average price is £364,380 with Total Sold: 40
    • The most recent sale happened at this postcode is , 27 DAVID ROAD: £290,000 (Sold on 20 Dec 2023)
    • The first recorded sale happened at this postcode is , 20 WARRINGTON ROAD: £60,000 (Sold on 26 Jan 1995)
  • Other
    • The average price is around £596,271 median price is £275,000 Standard Deviation is £868,638 with Total Sold: 49
    • The Last 5 Year average price is £625,727 with Total Sold: 32
    • The most recent sale happened at this postcode is , 29 WARRINGTON ROAD: £700,000 (Sold on 23 Aug 2023)
    • The first recorded sale happened at this postcode is , UNIT G4 CHADWELL HEATH INDUSTRIAL PARK: £170,000 (Sold on 11 Apr 2014)
  • Detached
    • The average price is around £317,318 median price is £325,000 Standard Deviation is £169,793 with Total Sold: 11
    • The Last 5 Year average price is £750,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 949 GREEN LANE: £750,000 (Sold on 29 Jan 2019)
    • The first recorded sale happened at this postcode is , 949 GREEN LANE: £140,000 (Sold on 22 Dec 1999)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£350,611 £4,708 18
2023£368,037 £4,766 47
2022£377,588 £4,977 47
2021£331,656 £4,443 51
2020£330,784 £4,361 44
2019£310,216 £4,309 58
2018£320,695 £4,064 85
2017£337,720 £3,912 92
2016£328,284 £3,547 152
2015£250,001 £2,939 120
2014£241,777 £2,920 65
2013£180,376 £2,491 49
2012£176,257 £2,346 40
2011£191,529 £2,689 72
2010£168,709 £2,203 37
2009£162,834 £2,183 34
2008£197,185 £2,643 54
2007£183,272 £2,449 111
2006£168,679 £2,241 108
2005£165,189 £2,207 82
2004£160,394 £2,143 99
2003£148,170 £1,976 109
2002£119,163 £1,608 117
2001£93,852 £1,207 91
2000£82,220 £1,120 70
1999£67,763 £890 80
1998£61,784 £849 65
1997£55,098 £721 62
1996£50,038 £685 54
1995£55,548 £705 57
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£322,000 £4,293 1
2023£269,600 £4,323 10
2022£232,844 £4,369 18
2021£205,227 £3,585 15
2020£226,875 £3,960 4
2019£197,110 £3,981 7
2018£176,082 £2,750 73
2017£250,114 £4,021 35
2016£202,527 £4,045 35
2015£195,592 £3,562 46
2014£130,136 £2,792 11
2013£129,400 £2,608 5
2012£117,500 £2,236 4
2011£128,944 £2,833 18
2010£135,625 £1,949 4
2009£108,333 £2,366 3
2008£148,833 £2,091 3
2007£130,199 £2,558 5
2006£113,938 £2,132 8
2005£119,124 £2,529 8
2004£117,166 £2,073 6
2003£92,000 £2,303 4
2002£90,061 £1,518 8
2001£67,799 £1,218 10
2000£61,527 £1,100 9
1999£46,936 £905 8
1998£41,582 £820 6
1997£34,785 £782 7
1996£46,946 £868 13
1995£47,317 £895 12
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£382,367 £4,660 6
2022£410,562 £5,713 8
2021£363,107 £5,139 14
2020£332,000 £4,559 6
2019£320,167 £4,721 6
2018£341,000 £4,560 6
2017£328,748 £3,822 4
2016£318,850 £3,804 10
2015£269,619 £3,147 9
2014£260,389 £3,026 9
2013£198,000 £2,630 3
2012£165,000 £2,384 2
2011£217,214 £2,546 14
2010£168,333 £1,841 3
2009£155,417 £2,276 6
2008£180,000 £2,118 1
2007£216,186 £2,961 8
2006£193,600 £2,658 5
2005£183,125 £2,920 4
2004£180,312 £2,719 8
2003£148,090 £1,801 11
2002£125,409 £1,428 11
2001£82,071 £1,137 7
2000£87,083 £1,212 6
1999£74,636 £898 11
1998£68,875 £987 4
1997£54,564 £670 12
1996£57,067 £769 12
1995£56,969 £666 9
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£373,200 £5,538 5
2022£810,0002
2021£926,900 £21 9
2020£528,233 £2,651 5
2019£504,909 £19,822 11
2018£340,000 £3,688 4
2017£345,3577
2016£1,852,5002
2015£513,833 £2,985 3
2014£170,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£750,000 £2,467 1
2017£385,000 £3,532 1
2016£356,833 £3,309 3
2014£325,0001
2010£330,000 £1,793 1
2004£260,000 £1,585 1
2003£115,000 £1,611 2
1999£140,000 £461 1

House Type in RM8 1EN area

The most common house types in the RM8 1EN postcode area are Terraced (73), Semi-detached (14), and Flat (13).

Total107
Terraced73
Semi-detached14
Flat13
Detached4
Shared house3
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 (41), and Social rented: Other social rented (21).

Owned: Owns with a mortgage or loan41
Social rented: Other social rented21
Shared ownership: Shared ownership12
Social rented: Rents from council or Local Authority12
Private rented: Private landlord or letting agency11
Owned: Owns outright8
Private rented: Other private rented2
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the RM8 1EN have 4 people in household (38), and 2 people in household (27).

4 people in household38
2 people in household27
3 people in household14
1 person in household13
5 people in household10
6 people in household3
7 people in household2
0 people in household0
8 or more people in household0