Housing Market Analysis for LACEY DRIVE, RM8 2RG

Are you looking to understand RM8 2RG 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 2RG area, explore the RM8 2RG Area information page.
For comprehensive crime statistics in the RM8 2RG area, explore the RM8 2RG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the RM8 2RG postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £142,533 median price is £130,000 Standard Deviation is £68,474 with Total Sold: 6
    • The Last 5 Year average price is £260,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 4 LACEY DRIVE: £260,000 (Sold on 18 Apr 2019)
    • The first recorded sale happened at this postcode is 4 LACEY DRIVE: £64,500 (Sold on 05 Feb 1999)
  • Flat
    • The average price is around £60,000 median price is £60,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 LACEY DRIVE: £60,000 (Sold on 17 Jan 2003)
    • The first recorded sale happened at this postcode is 2 LACEY DRIVE: £60,000 (Sold on 17 Jan 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average RM8 2RG 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
2019£260,000 £4,333 1
2011£165,000 £2,730 1
2004£187,2001
2002£95,000 £1,583 1
2000£83,5001
1999£64,500 £1,075 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2003£60,000 £1,017 1

All the Sales in the LACEY DRIVE, RM8 2RG

See the table below for more details on the sold house prices in the RM8 2RG, Barking and Dagenham postcode.

AddressSold DatePrice% Change
4 LACEY DRIVETerraced, FreeholdArea: 60 Sq.mtrAge: 1991-199518 Apr 2019£260,000173.68%
13 Feb 2002£95,00047.29%
05 Feb 1999£64,500First Sale
3 LACEY DRIVETerraced, FreeholdArea: 60.44 Sq.mtrAge: 1996-200224 Aug 2011£165,000First Sale
1 LACEY DRIVETerraced, Freehold04 Mar 2004£187,200First Sale
2 LACEY DRIVEFlat, LeaseholdArea: 59 Sq.mtrAge: 1996-200217 Jan 2003£60,000First Sale
9 LACEY DRIVETerraced, Freehold11 Dec 2000£83,500First Sale

Check out the sold house prices near the RM8 2RG postcode. Properties currently for saleProperties currently for rent

LACEY DRIVE, RM8 2RG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the RM8 2RG 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 2RG postcode.

  • Terraced
    • The average price is around £179,615 median price is £165,000 Standard Deviation is £99,345 with Total Sold: 2,557
    • The Last 5 Year average price is £344,426 with Total Sold: 323
    • The most recent sale happened at this postcode is , 4 WINDING WAY: £395,000 (Sold on 27 Aug 2024)
    • The first recorded sale happened at this postcode is , 658 LONGBRIDGE ROAD: £48,000 (Sold on 11 Jan 1995)
  • Semi-Detached
    • The average price is around £185,059 median price is £167,000 Standard Deviation is £108,734 with Total Sold: 720
    • The Last 5 Year average price is £366,153 with Total Sold: 101
    • The most recent sale happened at this postcode is , 110 BENNETTS CASTLE LANE: £348,000 (Sold on 31 Jul 2024)
    • The first recorded sale happened at this postcode is , 68 LINDISFARNE ROAD: £57,500 (Sold on 06 Mar 1995)
  • Other
    • The average price is around £2,095,926 median price is £350,000 Standard Deviation is £4,715,201 with Total Sold: 17
    • The Last 5 Year average price is £3,678,667 with Total Sold: 9
    • The most recent sale happened at this postcode is , 616B LONGBRIDGE ROAD: £298,000 (Sold on 01 May 2024)
    • The first recorded sale happened at this postcode is , 5A HEWETT ROAD: £126,000 (Sold on 30 Mar 2016)
  • Flat
    • The average price is around £117,039 median price is £117,500 Standard Deviation is £66,163 with Total Sold: 153
    • The Last 5 Year average price is £227,333 with Total Sold: 18
    • The most recent sale happened at this postcode is , 281 BECONTREE AVENUE: £235,000 (Sold on 28 Mar 2024)
    • The first recorded sale happened at this postcode is , 22 KILMARNOCK GARDENS: £33,500 (Sold on 17 Feb 1995)
  • Detached
    • The average price is around £248,023 median price is £179,950 Standard Deviation is £127,170 with Total Sold: 19
    • The Last 5 Year average price is £425,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 9 LAKE CLOSE: £425,000 (Sold on 17 Oct 2023)
    • The first recorded sale happened at this postcode is , 790 LONGBRIDGE ROAD: £325,000 (Sold on 24 Jan 2000)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£423,278 £6,857 18
2023£381,720 £4,787 58
2022£368,718 £4,728 55
2021£334,294 £4,387 68
2020£302,822 £4,236 55
2019£316,293 £4,037 69
2018£313,794 £4,061 68
2017£299,774 £3,925 84
2016£291,925 £3,755 87
2015£250,467 £3,253 90
2014£217,082 £2,920 92
2013£186,134 £2,353 59
2012£170,061 £2,274 46
2011£175,099 £2,285 43
2010£181,100 £2,225 45
2009£156,801 £2,028 43
2008£191,895 £2,522 50
2007£188,871 £2,537 171
2006£172,871 £2,236 160
2005£162,450 £2,126 127
2004£159,819 £2,148 157
2003£143,030 £1,845 148
2002£112,914 £1,448 113
2001£89,508 £1,223 147
2000£74,738 £1,006 98
1999£65,086 £876 104
1998£57,069 £799 82
1997£54,312 £698 91
1996£50,702 £681 83
1995£45,352 £616 46
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£392,400 £4,086 5
2023£398,550 £4,328 20
2022£371,000 £4,598 15
2021£371,857 £4,403 28
2020£347,400 £4,333 20
2019£317,192 £3,792 13
2018£341,658 £4,038 19
2017£317,346 £3,875 26
2016£287,850 £3,469 20
2015£255,725 £3,056 20
2014£226,112 £2,737 20
2013£185,846 £2,346 13
2012£188,062 £2,205 16
2011£168,111 £2,078 18
2010£182,750 £2,195 12
2009£168,428 £2,096 14
2008£198,881 £2,398 13
2007£209,242 £2,382 34
2006£184,546 £2,219 32
2005£168,062 £1,982 16
2004£169,184 £2,201 45
2003£144,352 £1,852 39
2002£128,540 £1,541 38
2001£109,360 £1,335 45
2000£81,999 £996 31
1999£65,425 £810 31
1998£74,884 £987 36
1997£60,170 £769 43
1996£48,826 £532 23
1995£53,567 £618 15
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£298,0001
2023£620,0001
2022£7,773,750 £4,877 4
2021£382,500 £9,182 2
2020£330,000 £3,929 1
2018£300,000 £4,499 2
2017£359,350 £2,709 5
2016£126,000 £887 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£236,667 £4,312 3
2022£218,375 £4,670 4
2021£256,500 £4,090 4
2020£230,000 £4,022 3
2019£198,125 £4,164 4
2018£160,000 £2,982 2
2017£199,750 £4,198 4
2016£176,900 £3,721 10
2015£180,750 £3,412 4
2014£150,611 £2,748 9
2013£125,000 £3,125 1
2012£112,500 £1,782 3
2011£118,648 £2,362 2
2009£153,500 £2,246 2
2008£128,667 £2,521 3
2007£136,874 £2,754 8
2006£127,699 £2,677 5
2005£127,166 £2,359 6
2004£119,124 £2,508 4
2003£96,778 £1,767 9
2002£100,094 £1,639 8
2001£67,666 £1,224 12
2000£53,186 £1,004 16
1999£48,857 £781 7
1998£49,571 £879 7
1997£39,375 £771 4
1996£33,299 £547 5
1995£33,750 £250 4
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£425,000 £5,702 2
2015£275,000 £3,716 1
2009£174,000 £2,047 1
2008£400,0003
2005£168,000 £2,585 1
2003£170,998 £2,460 2
2002£132,475 £1,308 2
2001£185,583 £2,110 6
2000£325,0001

House Type in RM8 2RG area

The most common house types in the RM8 2RG postcode area are Semi-detached (56), Terraced (55), and Detached (3).

Total117
Semi-detached56
Terraced55
Detached3
Shared house2
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 (47), and Owned: Owns outright (22).

Owned: Owns with a mortgage or loan47
Owned: Owns outright22
Social rented: Rents from council or Local Authority21
Private rented: Private landlord or letting agency14
Shared ownership: Shared ownership7
Social rented: Other social rented5
Does not apply0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the RM8 2RG have 2 people in household (30), and 4 people in household (27).

2 people in household30
4 people in household27
3 people in household22
1 person in household17
5 people in household14
6 people in household4
7 people in household3
8 or more people in household1
0 people in household0