Housing Market Analysis for FAULKNER CLOSE, RM8 1TE

Are you looking to understand RM8 1TE 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 Redbridge postcode.

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £114,343 median price is £117,500 Standard Deviation is £66,197 with Total Sold: 71
    • The Last 5 Year average price is £236,286 with Total Sold: 7
    • The most recent sale happened at this postcode is 18 FAULKNER CLOSE: £258,000 (Sold on 30 Apr 2024)
    • The first recorded sale happened at this postcode is 10 FAULKNER CLOSE: £29,750 (Sold on 30 Nov 1995)
  • Semi-Detached
    • The average price is around £179,665 median price is £165,000 Standard Deviation is £52,476 with Total Sold: 3
    • The Last 5 Year average price is £250,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 24 FAULKNER CLOSE: £250,000 (Sold on 22 Nov 2022)
    • The first recorded sale happened at this postcode is 39 FAULKNER CLOSE: £123,995 (Sold on 14 Jun 2002)
  • Other
    • The average price is around £177,307 median price is £177,307 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £177,307 with Total Sold: 1
    • The most recent sale happened at this postcode is 18 FAULKNER CLOSE: £177,307 (Sold on 08 Oct 2021)
    • The first recorded sale happened at this postcode is 18 FAULKNER CLOSE: £177,307 (Sold on 08 Oct 2021)
  • Terraced
    • The average price is around £133,812 median price is £105,000 Standard Deviation is £84,915 with Total Sold: 16
    • The Last 5 Year average price is £315,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 5 FAULKNER CLOSE: £315,500 (Sold on 18 Dec 2020)
    • The first recorded sale happened at this postcode is 34 FAULKNER CLOSE: £57,995 (Sold on 30 Aug 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average RM8 1TE 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£258,0001
2023£229,000 £4,660 2
2022£229,000 £4,975 2
2021£240,000 £4,312 2
2018£243,500 £4,429 2
2017£240,000 £4,630 2
2016£172,500 £3,944 2
2012£64,000 £1,088 1
2011£136,000 £2,906 2
2010£130,750 £2,611 2
2009£120,000 £2,105 1
2008£142,500 £2,435 2
2007£152,000 £2,965 3
2006£143,750 £2,689 2
2005£134,000 £2,690 5
2004£131,648 £2,663 3
2003£104,200 £2,173 5
2002£93,000 £1,788 2
2001£65,464 £1,492 7
2000£62,143 £1,218 7
1999£50,070 £1,092 7
1998£49,167 £948 3
1997£48,750 £912 2
1996£31,000 £738 1
1995£38,233 £764 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£250,000 £5,102 1
2006£165,000 £2,750 1
2002£123,995 £2,067 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£177,307 £3,166 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£315,500 £5,258 1
2019£330,000 £5,500 1
2014£212,500 £3,542 1
2011£76,500 £1,265 1
2009£180,000 £2,500 1
2007£172,000 £2,867 1
2005£118,000 £3,358 1
2004£134,500 £2,587 1
2002£119,995 £1,667 1
2000£92,000 £1,533 1
1999£73,000 £1,217 1
1998£68,250 £1,221 2
1997£64,000 £1,067 1
1996£58,248 £1,045 2

All the Sales in the FAULKNER CLOSE, RM8 1TE

See the table below for more details on the sold house prices in the RM8 1TE, Redbridge postcode.

AddressSold DatePrice% Change
18 FAULKNER CLOSEFlat, Leasehold30 Apr 2024£258,00045.51%
08 Oct 2021£177,307-27.63%
16 Mar 2018£245,00081.48%
19 Dec 2008£135,00088.81%
26 Jun 2000£71,500First Sale
41 FAULKNER CLOSEFlat, LeaseholdArea: 50 Sq.mtrAge: 1991-199511 May 2023£233,00079.23%
16 Sep 2005£130,000First Sale
24 FAULKNER CLOSESemi-Detached, LeaseholdArea: 49 Sq.mtrAge: 2003-200622 Nov 2022£250,000354.55%
23 May 2003£55,000First Sale
5A FAULKNER CLOSEFlat, LeaseholdArea: 45 Sq.mtrAge: 1996-200230 Sep 2022£240,00017.07%
05 Dec 2016£205,00051.85%
28 Jan 2005£135,000164.71%
21 May 1999£51,000First Sale
5B FAULKNER CLOSEFlat, LeaseholdArea: 47.22 Sq.mtrAge: 1991-199515 Jul 2022£218,000First Sale
1A FAULKNER CLOSEFlat, LeaseholdArea: 51.5 Sq.mtrAge: 1983-199001 Jul 2021£250,000390.20%
10 Apr 2000£51,0005.15%
15 Feb 2000£48,500First Sale
19 FAULKNER CLOSEFlat, LeaseholdArea: 61 Sq.mtrAge: 1976-198228 Jun 2021£230,00053.33%
16 Jun 2008£150,000180.37%
26 Oct 1998£53,500First Sale
5 FAULKNER CLOSETerraced, FreeholdArea: 60 Sq.mtrAge: 1991-199518 Dec 2020£315,500392.97%
25 Aug 1997£64,000First Sale
4 FAULKNER CLOSETerraced, FreeholdArea: 60 Sq.mtrAge: 1983-199015 Nov 2019£330,00091.86%
24 May 2007£172,000194.02%
04 Nov 1996£58,500First Sale
23 FAULKNER CLOSEFlat, LeaseholdArea: 53.97 Sq.mtrAge: 1983-199026 Mar 2018£242,00068.06%
25 Oct 2010£144,00037.14%
29 Jul 2002£105,00029.63%
26 Apr 2002£81,00042.12%
15 Sep 1999£56,995First Sale
21 FAULKNER CLOSEFlat, LeaseholdArea: 50 Sq.mtrAge: 1991-199528 Jul 2017£250,00061.29%
23 Aug 2007£155,000116.78%
26 Jan 2001£71,50053.76%
10 Mar 1997£46,500First Sale
12 FAULKNER CLOSEFlat, LeaseholdArea: 54 Sq.mtrAge: 1983-199022 May 2017£230,00067.27%
04 Jul 2006£137,500150.00%
29 Jan 1999£55,000First Sale
8 FAULKNER CLOSEFlat, LeaseholdArea: 42 Sq.mtrAge: 1996-200205 Feb 2016£140,000First Sale
39 FAULKNER CLOSETerraced, FreeholdArea: 60 Sq.mtrAge: 1991-199525 Jul 2014£212,50028.79%
17 Feb 2006£165,00033.07%
14 Jun 2002£123,995First Sale
2 FAULKNER CLOSEFlat, LeaseholdArea: 58.8 Sq.mtrAge: 1996-200225 Jan 2012£64,000First Sale
38 FAULKNER CLOSETerraced, LeaseholdArea: 60.48 Sq.mtrAge: 1991-199528 Feb 2011£76,500First Sale
31 FAULKNER CLOSEFlat, FreeholdArea: 51 Sq.mtrAge: 1991-199525 Jan 2011£136,000-9.33%
10 Aug 2007£150,000141.94%
19 Apr 2000£62,000First Sale
30 FAULKNER CLOSEFlat, LeaseholdArea: 43.24 Sq.mtrAge: 1983-199025 Jan 2011£136,000119.35%
19 Apr 2000£62,000First Sale
25 FAULKNER CLOSEFlat, LeaseholdArea: 46 Sq.mtrAge: 1991-199530 Nov 2010£117,500First Sale
17 FAULKNER CLOSEFlat, LeaseholdArea: 57 Sq.mtrAge: 1983-199004 Dec 2009£120,000-11.11%
06 Apr 2005£135,000164.71%
10 Mar 1997£51,000First Sale
37 FAULKNER CLOSETerraced, FreeholdArea: 72 Sq.mtrAge: 1991-199520 Nov 2009£180,00050.01%
03 Jul 2002£119,995First Sale
20 FAULKNER CLOSEFlat, LeaseholdArea: 54 Sq.mtrAge: 1983-199031 Jan 2007£151,00018.90%
19 Dec 2003£127,000126.81%
25 Aug 1999£55,99524.43%
15 Dec 1995£45,000First Sale
22 FAULKNER CLOSEFlat, LeaseholdArea: 54 Sq.mtrAge: 1991-199503 Oct 2006£150,0007.14%
14 Feb 2005£140,00014.29%
24 Apr 2003£122,50077.54%
15 Sep 2000£69,000First Sale
10 FAULKNER CLOSETerraced, LeaseholdArea: 35.14 Sq.mtrAge: 1983-199023 Sep 2005£118,00019.19%
14 Jul 2003£99,00071.43%
03 Jan 2001£57,75032.76%
14 Sep 1999£43,50046.22%
30 Nov 1995£29,750First Sale
40 FAULKNER CLOSEFlat, LeaseholdArea: 45 Sq.mtrAge: 1976-198216 Sep 2005£130,000First Sale
9 FAULKNER CLOSEFlat, Leasehold20 Sep 2004£130,000209.52%
23 Mar 1998£42,000First Sale
32 FAULKNER CLOSEFlat, LeaseholdArea: 48 Sq.mtrAge: 1983-199029 Jul 2004£134,99597.07%
29 Jun 2001£68,500First Sale
34 FAULKNER CLOSETerraced, FreeholdArea: 52 Sq.mtrAge: 1930-194922 Mar 2004£134,500106.92%
13 Nov 1998£65,00012.08%
30 Aug 1996£57,995First Sale
15 FAULKNER CLOSEFlat, LeaseholdArea: 51.7 Sq.mtrAge: 1991-199513 Feb 2004£129,950First Sale
16 FAULKNER CLOSEFlat, LeaseholdArea: 51 Sq.mtrAge: 1983-199020 Aug 2003£117,50065.49%
11 Aug 2000£71,000-68.44%
20 Oct 2023£225,000332.69%
13 Oct 1998£52,00030.16%
30 Nov 1995£39,950First Sale
11 FAULKNER CLOSEFlat, LeaseholdArea: 42 Sq.mtrAge: 1976-198218 Dec 2001£64,500First Sale
13 FAULKNER CLOSEFlat, LeaseholdArea: 53 Sq.mtrAge: 1976-198210 Sep 2001£70,000First Sale
33 FAULKNER CLOSEFlat, LeaseholdArea: 46 Sq.mtrAge: 1991-199529 Jun 2001£68,500First Sale
6 FAULKNER CLOSEFlat, LeaseholdArea: 36.03 Sq.mtrAge: 1983-199019 Mar 2001£57,50027.78%
08 Dec 1999£45,00045.16%
31 Jan 1996£31,000First Sale
28 FAULKNER CLOSETerraced, FreeholdArea: 60 Sq.mtrAge: 1991-199502 Aug 2000£92,00026.03%
30 Apr 1999£73,000First Sale
7 FAULKNER CLOSEFlat, LeaseholdArea: 32.16 Sq.mtrAge: 1991-199501 Nov 1999£43,000First Sale
29 FAULKNER CLOSETerraced, FreeholdArea: 60 Sq.mtrAge: 1976-198230 Jun 1998£71,500First Sale

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

FAULKNER CLOSE, RM8 1TE Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £192,990 median price is £175,000 Standard Deviation is £115,983 with Total Sold: 2,682
    • The Last 5 Year average price is £393,716 with Total Sold: 268
    • The most recent sale happened at this postcode is , 19 EUSTACE ROAD: £425,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 6 MANSTED GARDENS: £69,500 (Sold on 20 Jan 1995)
  • Semi-Detached
    • The average price is around £197,235 median price is £182,000 Standard Deviation is £120,235 with Total Sold: 354
    • The Last 5 Year average price is £398,237 with Total Sold: 38
    • The most recent sale happened at this postcode is , 12 DAIRY MEWS: £360,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 2 BURNSIDE ROAD: £40,000 (Sold on 27 Jan 1995)
  • Flat
    • The average price is around £116,343 median price is £114,998 Standard Deviation is £63,697 with Total Sold: 1,578
    • The Last 5 Year average price is £212,552 with Total Sold: 109
    • The most recent sale happened at this postcode is , 1026 HIGH ROAD: £288,000 (Sold on 29 Jul 2024)
    • The first recorded sale happened at this postcode is , 19 MILTON COURT: £49,950 (Sold on 27 Jan 1995)
  • Other
    • The average price is around £866,923 median price is £331,250 Standard Deviation is £2,067,161 with Total Sold: 78
    • The Last 5 Year average price is £773,593 with Total Sold: 32
    • The most recent sale happened at this postcode is , 1015 - 1021 HIGH ROAD: £12,201,811 (Sold on 30 Jan 2024)
    • The first recorded sale happened at this postcode is , 2 CHADWELL HEATH LANE: £635,000 (Sold on 01 Apr 2014)
  • Detached
    • The average price is around £242,923 median price is £240,000 Standard Deviation is £121,843 with Total Sold: 13
    • The Last 5 Year average price is £385,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 18 BURNSIDE ROAD: £385,000 (Sold on 29 Sep 2023)
    • The first recorded sale happened at this postcode is FLAT 4, KIERA HOUSE, 46 ESSEX ROAD: £60,000 (Sold on 18 Apr 1996)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£420,887 £4,945 31
2023£391,532 £5,159 46
2022£421,499 £5,387 69
2021£385,536 £4,902 69
2020£354,200 £4,824 53
2019£344,143 £4,466 53
2018£344,847 £4,498 63
2017£348,718 £4,240 74
2016£332,770 £4,149 73
2015£279,421 £3,447 92
2014£252,343 £3,083 85
2013£220,644 £2,617 52
2012£203,553 £2,615 65
2011£203,580 £2,611 74
2010£200,873 £2,551 50
2009£182,256 £2,515 51
2008£218,279 £2,767 62
2007£214,293 £2,789 145
2006£190,764 £2,609 109
2005£179,914 £2,389 102
2004£173,499 £2,344 142
2003£157,965 £2,232 143
2002£133,545 £1,845 168
2001£112,657 £1,579 120
2000£91,451 £1,234 133
1999£75,385 £1,091 136
1998£69,919 £941 128
1997£62,492 £893 131
1996£56,846 £794 88
1995£56,975 £830 75
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£446,667 £3,825 6
2023£406,500 £6,115 2
2022£424,591 £5,316 11
2021£362,875 £4,600 12
2020£373,571 £4,281 7
2019£349,167 £4,495 6
2018£347,812 £4,368 8
2017£362,100 £4,097 10
2016£302,500 £3,971 6
2015£325,110 £3,506 10
2014£251,429 £2,874 7
2013£208,458 £2,587 12
2012£225,000 £2,570 1
2011£221,583 £2,683 12
2010£220,111 £2,447 9
2009£186,667 £2,359 6
2008£261,727 £3,307 11
2007£237,588 £2,497 17
2006£208,672 £2,290 20
2005£182,136 £2,441 11
2004£183,667 £2,381 15
2003£174,029 £2,128 17
2002£130,636 £1,463 18
2001£114,000 £1,463 22
2000£104,578 £1,299 16
1999£80,711 £1,110 19
1998£75,428 £948 14
1997£69,038 £902 13
1996£59,022 £788 22
1995£53,612 £745 14
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£193,500 £3,583 8
2023£191,058 £4,116 22
2022£242,670 £4,884 22
2021£211,693 £4,290 37
2020£212,275 £4,416 20
2019£214,106 £4,061 33
2018£238,500 £4,452 45
2017£206,674 £4,397 32
2016£192,263 £4,154 59
2015£175,669 £3,473 58
2014£144,958 £3,134 49
2013£130,625 £2,703 12
2012£118,406 £2,354 24
2011£129,021 £2,637 36
2010£132,355 £2,640 31
2009£130,146 £2,584 17
2008£146,333 £2,909 27
2007£144,130 £3,102 73
2006£133,903 £2,855 62
2005£131,100 £2,695 69
2004£128,174 £2,709 74
2003£116,467 £2,367 92
2002£91,102 £1,966 97
2001£71,420 £1,539 105
2000£60,207 £1,306 95
1999£53,294 £1,106 90
1998£47,598 £1,012 83
1997£44,012 £864 70
1996£40,744 £891 61
1995£48,216 £1,030 75
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£12,201,8111
2023£239,750 £3,172 6
2022£362,2147
2021£657,869 £3,922 11
2020£191,800 £3,259 7
2019£1,109,000 £37,033 5
2018£432,045 £4,769 11
2017£383,467 £4,444 15
2016£1,381,012 £5,909 8
2015£2,992,491 £5,714 5
2014£402,5002
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£385,000 £4,695 1
2016£320,000 £3,137 1
2010£410,0001
2007£300,0001
2004£370,000 £2,483 1
2003£85,0001
2002£160,000 £2,286 1
2001£237,667 £4,493 3
1999£205,0001
1998£150,000 £1,007 1
1996£60,000 £1,224 1

House Type in RM8 1TE area

The most common house types in the RM8 1TE postcode area are Flat (62), Terraced (54), and Semi-detached (47).

Total177
Flat62
Terraced54
Semi-detached47
Detached7
Shared house4
commercial building2
converted building1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (79), and Owned: Owns outright (32).

Private rented: Private landlord or letting agency79
Owned: Owns outright32
Owned: Owns with a mortgage or loan32
Social rented: Other social rented16
Social rented: Rents from council or Local Authority10
Shared ownership: Shared ownership4
Private rented: Other private rented3
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the RM8 1TE have 1 person in household (59), and 2 people in household (36).

1 person in household59
2 people in household36
3 people in household33
4 people in household33
5 people in household6
6 people in household5
7 people in household2
8 or more people in household1
0 people in household0