Housing Market Analysis for LAKE CLOSE, RM8 2TE

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

Overview of Sold House prices

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

Detached
- The average price is around £266,181 median price is £183,472 Standard Deviation is £123,400 with Total Sold: 8
- The Last 5 Year average price is £425,000 with Total Sold: 3
- 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 9 LAKE CLOSE: £425,000 (Sold on 17 Oct 2023)
Semi-Detached
- The average price is around £181,510 median price is £155,500 Standard Deviation is £73,833 with Total Sold: 21
- The most recent sale happened at this postcode is 7 LAKE CLOSE: £342,000 (Sold on 16 Apr 2018)
- The first recorded sale happened at this postcode is 27 LAKE CLOSE: £139,950 (Sold on 07 Sep 2001)
Terraced
- The average price is around £167,792 median price is £161,500 Standard Deviation is £63,767 with Total Sold: 18
- The most recent sale happened at this postcode is 23 LAKE CLOSE: £310,000 (Sold on 03 Feb 2017)
- The first recorded sale happened at this postcode is 26 LAKE CLOSE: £116,500 (Sold on 07 Sep 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average RM8 2TE 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£425,000	£5,702	3
2003	£186,995	£2,460	1
2002	£179,950		1
2001	£162,500	£2,086	3

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£342,000	£4,500	1
2017	£317,333	£4,200	3
2012	£175,000	£2,811	1
2010	£160,000	£2,540	1
2009	£170,000		1
2008	£195,000		1
2007	£220,000	£2,973	1
2004	£161,000	£2,556	1
2001	£130,610	£1,947	11

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£310,000	£4,968	1
2016	£285,000	£4,524	1
2014	£220,000	£3,548	1
2013	£169,500	£2,730	2
2012	£210,000	£2,817	1
2007	£103,500		1
2006	£188,333	£2,855	3
2005	£156,000		1
2003	£185,000		1
2002	£128,000		1
2001	£103,750	£1,878	5

All the Sales in the LAKE CLOSE, RM8 2TE

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

Address	Sold Date	Price	% Change
9 LAKE CLOSEDetached, FreeholdArea: 74.54 Sq.mtrAge: 1996-2002	17 Oct 2023	£425,000	127.28%
	22 Dec 2003	£186,995	21.03%
	14 Dec 2001	£154,500	-63.65%
	17 Oct 2023	£425,000	0.0
	17 Oct 2023	£425,000	First Sale
7 LAKE CLOSESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1991-1995	16 Apr 2018	£342,000	125.37%
	07 Dec 2001	£151,750	First Sale
14 LAKE CLOSESemi-Detached, LeaseholdArea: 84 Sq.mtrAge: 1996-2002	27 Jun 2017	£326,000	0.0
	27 Jun 2017	£326,000	First Sale
1 LAKE CLOSESemi-Detached, FreeholdArea: 62 Sq.mtrAge: 1996-2002	24 Mar 2017	£300,000	142.42%
	09 Nov 2001	£123,750	First Sale
23 LAKE CLOSETerraced, FreeholdArea: 62.4 Sq.mtrAge: 2003-2006	03 Feb 2017	£310,000	160.50%
	28 Sep 2001	£119,000	First Sale
26 LAKE CLOSETerraced, FreeholdArea: 63 Sq.mtrAge: 1996-2002	05 Oct 2016	£285,000	144.64%
	07 Sep 2001	£116,500	First Sale
25 LAKE CLOSETerraced, FreeholdArea: 62 Sq.mtrAge: 1996-2002	26 Sep 2014	£220,000	24.29%
	21 Sep 2006	£177,000	51.93%
	21 Sep 2001	£116,500	First Sale
3 LAKE CLOSETerraced, Freehold	15 Feb 2013	£167,000	-1.76%
	26 Feb 2009	£170,000	37.93%
	16 Nov 2001	£123,250	First Sale
11 LAKE CLOSETerraced, FreeholdArea: 63 Sq.mtrAge: 1996-2002	12 Feb 2013	£172,000	6.83%
	16 Apr 2004	£161,000	33.76%
	14 Dec 2001	£120,363	First Sale
20 LAKE CLOSETerraced, FreeholdArea: 74.54 Sq.mtrAge: 1996-2002	02 May 2012	£210,000	31.66%
	20 Dec 2001	£159,500	First Sale
12 LAKE CLOSESemi-Detached, FreeholdArea: 62.26 Sq.mtrAge: 1996-2002	23 Feb 2012	£175,000	First Sale
21 LAKE CLOSESemi-Detached, FreeholdArea: 63 Sq.mtrAge: 1983-1990	17 Dec 2010	£160,000	40.79%
	21 Dec 2001	£113,644	First Sale
10 LAKE CLOSESemi-Detached, Freehold	01 Apr 2008	£195,000	55.07%
10 LAKE CLOSESemi-Detached, Freehold	14 Dec 2001	£125,750	First Sale
18 LAKE CLOSETerraced, Leasehold	29 Aug 2007	£103,500	First Sale
8 LAKE CLOSESemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1996-2002	23 Feb 2007	£220,000	41.48%
	07 Dec 2001	£155,500	First Sale
2 LAKE CLOSETerraced, Freehold	24 Nov 2006	£234,000	26.49%
	02 Oct 2003	£185,000	257.49%
	09 Nov 2001	£51,750	First Sale
4 LAKE CLOSETerraced, Freehold	31 Jan 2006	£154,000	-1.28%
	16 Dec 2005	£156,000	21.88%
	25 Jan 2002	£128,000	First Sale
28 LAKE CLOSEDetached, Freehold	14 Oct 2002	£179,950	3.72%
28 LAKE CLOSEDetached, Freehold	23 Nov 2001	£173,500	First Sale
22 LAKE CLOSESemi-Detached, Freehold	19 Dec 2001	£129,500	First Sale
5 LAKE CLOSESemi-Detached, Freehold	23 Nov 2001	£126,750	First Sale
6 LAKE CLOSESemi-Detached, Freehold	23 Nov 2001	£126,500	First Sale
24 LAKE CLOSETerraced, Freehold	14 Sep 2001	£115,000	First Sale
27 LAKE CLOSESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1996-2002	07 Sep 2001	£139,950	First Sale

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

LAKE CLOSE, RM8 2TE Near By properties

Interactive Map

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

Terraced
- The average price is around £179,197 median price is £165,000 Standard Deviation is £95,924 with Total Sold: 2,611
- The Last 5 Year average price is £339,934 with Total Sold: 273
- 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 , 23 LINDISFARNE ROAD: £15,278 (Sold on 11 Jan 1995)
Flat
- The average price is around £125,275 median price is £119,995 Standard Deviation is £73,015 with Total Sold: 201
- The Last 5 Year average price is £244,880 with Total Sold: 25
- The most recent sale happened at this postcode is , 178 MANOR SQUARE: £220,000 (Sold on 12 Aug 2024)
- The first recorded sale happened at this postcode is , 22 KILMARNOCK GARDENS: £33,500 (Sold on 17 Feb 1995)
Semi-Detached
- The average price is around £180,591 median price is £165,000 Standard Deviation is £106,728 with Total Sold: 556
- The Last 5 Year average price is £367,573 with Total Sold: 62
- 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 , 20 WARRINGTON ROAD: £60,000 (Sold on 26 Jan 1995)
Detached
- The average price is around £202,296 median price is £173,500 Standard Deviation is £95,075 with Total Sold: 15
- 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 , 10 BENNETTS CASTLE LANE: £95,000 (Sold on 01 Jul 1996)
Other
- The average price is around £1,592,542 median price is £355,000 Standard Deviation is £4,050,219 with Total Sold: 24
- The Last 5 Year average price is £2,828,042 with Total Sold: 12
- The most recent sale happened at this postcode is , 460A BECONTREE AVENUE: £500 (Sold on 08 Sep 2023)
- The first recorded sale happened at this postcode is , 8 BENNETTS CASTLE LANE: £345,000 (Sold on 20 Jan 2017)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£382,500	£5,201	15
2023	£360,726	£4,906	52
2022	£348,967	£4,847	60
2021	£333,320	£4,430	82
2020	£313,069	£4,227	64
2019	£310,358	£4,088	69
2018	£310,396	£4,216	67
2017	£301,973	£4,044	75
2016	£296,812	£3,886	95
2015	£251,179	£3,350	103
2014	£216,392	£2,882	87
2013	£185,275	£2,593	66
2012	£168,021	£2,271	51
2011	£172,509	£2,333	50
2010	£177,847	£2,193	59
2009	£156,157	£2,094	41
2008	£186,628	£2,516	68
2007	£186,599	£2,465	174
2006	£167,513	£2,240	167
2005	£164,419	£2,085	117
2004	£156,273	£2,104	147
2003	£139,652	£1,858	131
2002	£114,096	£1,490	139
2001	£91,343	£1,212	143
2000	£72,782	£981	98
1999	£63,999	£859	116
1998	£56,642	£742	83
1997	£51,760	£683	82
1996	£45,318	£595	65
1995	£44,522	£603	45

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£224,000	£4,312	5
2023	£246,900	£4,217	5
2022	£219,750	£4,644	6
2021	£279,429	£4,391	7
2020	£246,500	£4,304	2
2019	£228,071	£4,174	7
2018	£183,333	£4,151	3
2017	£212,000	£4,275	5
2016	£186,600	£3,908	10
2015	£166,167	£3,381	9
2014	£148,291	£2,780	12
2013	£114,483	£2,359	3
2012	£106,300	£1,924	5
2011	£105,574	£2,102	4
2010	£115,000	£2,002	2
2008	£135,200	£2,718	5
2007	£129,938	£2,654	8
2006	£131,214	£2,464	7
2005	£127,166	£2,359	6
2004	£115,374	£2,049	8
2003	£96,722	£1,854	9
2002	£93,469	£1,529	8
2001	£67,714	£1,207	14
2000	£54,483	£1,006	16
1999	£45,154	£757	13
1998	£44,200	£776	5
1997	£37,714	£744	7
1996	£33,214	£563	7
1995	£40,333		3

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£390,333	£4,577	6
2023	£400,154	£4,621	13
2022	£319,333	£4,096	12
2021	£373,263	£4,381	19
2020	£360,125	£3,942	12
2019	£311,056	£3,845	9
2018	£331,000	£3,955	15
2017	£319,731	£3,915	26
2016	£259,062	£3,163	8
2015	£266,287	£2,908	15
2014	£230,143	£2,705	14
2013	£195,083	£2,546	12
2012	£175,727	£2,237	11
2011	£173,933	£2,028	15
2010	£179,208	£2,246	12
2009	£168,250	£2,102	12
2008	£209,106	£2,191	9
2007	£204,422	£2,380	29
2006	£190,716	£2,150	23
2005	£167,471	£1,923	17
2004	£168,530	£2,085	33
2003	£146,511	£1,871	22
2002	£126,774	£1,506	35
2001	£109,867	£1,448	36
2000	£80,928	£984	14
1999	£68,425	£833	27
1998	£77,083	£1,028	27
1997	£55,335	£686	36
1996	£49,926	£558	23
1995	£55,535	£622	14

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£425,000	£5,702	2
2015	£275,000	£3,716	1
2009	£174,000	£2,047	1
2008	£200,000		1
2003	£162,332	£2,036	3
2002	£179,950		1
2001	£154,700	£2,110	5
1996	£95,000		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£432,750	£7	6
2022	£7,690,000	£4,877	4
2021	£250,000	£4,364	1
2020	£330,000	£3,929	1
2019	£300,000		1
2018	£281,400	£1,906	5
2017	£429,583		6

House Type in RM8 2TE area

The most common house types in the RM8 2TE postcode area are Terraced (65), Semi-detached (54), and Detached (10).

Total	146
Terraced	65
Semi-detached	54
Detached	10
Shared house	10
Flat	7
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (49), and Private rented: Private landlord or letting agency (36).

Owned: Owns with a mortgage or loan	49
Private rented: Private landlord or letting agency	36
Owned: Owns outright	25
Social rented: Rents from council or Local Authority	24
Social rented: Other social rented	7
Private rented: Other private rented	4
Shared ownership: Shared ownership	2
Lives rent free	1
Does not apply	0

Number of People in a Household

The most houses in the RM8 2TE have 3 people in household (36), and 1 person in household (31).

3 people in household	36
1 person in household	31
2 people in household	28
4 people in household	25
5 people in household	14
6 people in household	8
7 people in household	1
0 people in household	0
8 or more people in household	0