Housing Market Analysis for WOOD LANE, RM8 3JU

Are you looking to understand RM8 3JU 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 3JU area, explore the RM8 3JU Area information page.
For comprehensive crime statistics in the RM8 3JU area, explore the RM8 3JU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the RM8 3JU postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £186,105 median price is £163,000 Standard Deviation is £116,134 with Total Sold: 19
    • The Last 5 Year average price is £351,250 with Total Sold: 4
    • The most recent sale happened at this postcode is 255 WOOD LANE: £380,000 (Sold on 27 Feb 2023)
    • The first recorded sale happened at this postcode is 261 WOOD LANE: £450,000 (Sold on 16 Jan 2024)
  • Semi-Detached
    • The average price is around £152,500 median price is £130,500 Standard Deviation is £71,925 with Total Sold: 4
    • The most recent sale happened at this postcode is 251 WOOD LANE: £262,000 (Sold on 29 Jan 2016)
    • The first recorded sale happened at this postcode is 235 WOOD LANE: £87,000 (Sold on 11 May 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average RM8 3JU 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
2023£380,000 £4,578 1
2021£325,000 £3,824 1
2020£250,000 £2,854 1
2018£290,000 £2,959 1
2017£285,000 £4,181 1
2014£250,000 £3,012 1
2010£152,500 £2,237 1
2005£166,500 £2,125 2
2004£148,0001
2003£166,000 £2,075 1
2002£140,000 £1,750 1
2001£84,000 £988 1
1999£63,667 £766 3
1998£52,500 £536 1
1996£39,000 £459 1
2024£450,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£262,000 £3,082 1
2005£172,000 £1,686 1
2002£89,000 £817 1
2001£87,000 £853 1

All the Sales in the WOOD LANE, RM8 3JU

See the table below for more details on the sold house prices in the RM8 3JU, Barking and Dagenham postcode.

AddressSold DatePrice% Change
255 WOOD LANETerraced, FreeholdArea: 83 Sq.mtrAge: 1950-196627 Feb 2023£380,00052.00%
15 Aug 2014£250,000338.60%
05 Jul 1999£57,000First Sale
231 WOOD LANETerraced, FreeholdArea: 85 Sq.mtrAge: 1900-192930 Sep 2021£325,000286.90%
20 Jul 2001£84,000115.38%
26 Jan 1996£39,000First Sale
225 WOOD LANETerraced, FreeholdArea: 87.6 Sq.mtrAge: 1930-194904 Mar 2020£250,000323.73%
09 Jun 1999£59,000First Sale
261 WOOD LANETerraced, FreeholdArea: 98 Sq.mtrAge: 1930-194911 Apr 2018£290,000452.38%
23 Jan 1998£52,500-88.33%
16 Jan 2024£450,000First Sale
263 WOOD LANETerraced, FreeholdArea: 68.16 Sq.mtrAge: 1950-196612 Jun 2017£285,00086.89%
09 Apr 2010£152,500First Sale
251 WOOD LANESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1950-196629 Jan 2016£262,000First Sale
257 WOOD LANETerraced, Freehold05 Dec 2005£163,00010.14%
03 Mar 2004£148,000First Sale
223 WOOD LANETerraced, FreeholdArea: 80 Sq.mtrAge: 1976-198216 Nov 2005£170,0002.41%
09 May 2003£166,00018.57%
18 Oct 2002£140,00086.67%
14 May 1999£75,000First Sale
235 WOOD LANESemi-Detached, FreeholdArea: 102 Sq.mtrAge: 1930-194930 Sep 2005£172,00097.70%
11 May 2001£87,000First Sale
239 WOOD LANESemi-Detached, FreeholdArea: 109 Sq.mtrAge: 1930-194923 Jul 2002£89,000First Sale

Check out the sold house prices near the RM8 3JU postcode. Properties currently for saleProperties currently for rent

WOOD LANE, RM8 3JU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the RM8 3JU 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 3JU postcode.

  • Terraced
    • The average price is around £184,212 median price is £165,000 Standard Deviation is £99,474 with Total Sold: 2,837
    • The Last 5 Year average price is £341,123 with Total Sold: 372
    • The most recent sale happened at this postcode is , 24 ST GEORGES ROAD: £345,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 119 WOOD LANE: £45,000 (Sold on 12 Jan 1995)
  • Flat
    • The average price is around £132,875 median price is £125,000 Standard Deviation is £60,187 with Total Sold: 198
    • The Last 5 Year average price is £201,411 with Total Sold: 31
    • The most recent sale happened at this postcode is , 3 WINMILL ROAD: £185,000 (Sold on 08 Aug 2024)
    • The first recorded sale happened at this postcode is , 31 HUMPHRIES CLOSE: £24,000 (Sold on 29 Sep 1995)
  • Other
    • The average price is around £424,505 median price is £300,000 Standard Deviation is £422,647 with Total Sold: 13
    • The Last 5 Year average price is £758,392 with Total Sold: 4
    • The most recent sale happened at this postcode is , 583 HEATHWAY: £347,500 (Sold on 11 Mar 2024)
    • The first recorded sale happened at this postcode is , 299 WOOD LANE: £280,000 (Sold on 08 Jan 2015)
  • Semi-Detached
    • The average price is around £188,127 median price is £170,000 Standard Deviation is £105,933 with Total Sold: 249
    • The Last 5 Year average price is £373,560 with Total Sold: 25
    • The most recent sale happened at this postcode is , 25 WEYLOND ROAD: £365,000 (Sold on 16 Oct 2023)
    • The first recorded sale happened at this postcode is , 58 VALENCE WOOD ROAD: £59,995 (Sold on 12 Apr 1995)
  • Detached
    • The average price is around £252,280 median price is £250,000 Standard Deviation is £105,693 with Total Sold: 15
    • The Last 5 Year average price is £450,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 33 LOCKWELL ROAD: £450,000 (Sold on 10 Sep 2021)
    • The first recorded sale happened at this postcode is , SCHOOL HOUSE CHARLECOTE ROAD: £59,995 (Sold on 31 Jul 1996)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£373,778 £4,798 27
2023£366,267 £4,973 58
2022£359,857 £4,870 84
2021£331,101 £4,476 124
2020£307,311 £4,097 79
2019£308,251 £4,145 90
2018£300,387 £4,024 91
2017£299,215 £4,025 91
2016£297,902 £3,773 94
2015£242,050 £3,308 95
2014£212,641 £2,859 99
2013£176,506 £2,341 75
2012£163,111 £2,161 52
2011£159,966 £2,224 59
2010£163,261 £2,198 52
2009£157,343 £2,056 44
2008£184,184 £2,442 71
2007£180,246 £2,567 155
2006£171,128 £2,218 174
2005£164,749 £2,161 139
2004£158,325 £2,162 137
2003£138,391 £1,907 153
2002£114,529 £1,533 151
2001£85,903 £1,140 125
2000£75,625 £1,014 106
1999£62,420 £850 95
1998£55,945 £758 103
1997£52,461 £733 87
1996£45,963 £634 76
1995£47,674 £637 51
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£239,000 £3,596 5
2023£195,200 £5,946 5
2022£227,125 £5,044 4
2021£183,365 £4,215 13
2020£195,125 £4,334 4
2019£221,286 £3,925 7
2018£196,299 £4,522 5
2017£196,400 £3,808 5
2016£179,778 £4,149 9
2015£150,400 £3,576 10
2014£124,667 £2,913 6
2013£116,562 £2,500 8
2012£115,250 £2,605 4
2011£93,000 £1,597 4
2010£93,999 £2,025 8
2009£147,862 £2,089 4
2008£116,500 £2,925 2
2007£144,088 £2,740 11
2006£123,745 £2,573 11
2005£142,810 £3,112 21
2004£106,499 £2,371 5
2003£98,970 £1,998 10
2002£77,499 £1,686 7
2001£56,094 £1,210 8
2000£48,248 £1,064 6
1999£53,500 £801 2
1998£34,500 £758 6
1997£37,998 £820 2
1996£31,333 £581 3
1995£36,333 £455 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£347,5001
2022£410,000 £4,881 1
2020£1,138,0332
2018£215,500 £3,259 4
2017£252,500 £4,679 2
2016£419,0002
2015£280,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£371,750 £5,804 4
2022£416,333 £4,988 6
2021£328,000 £4,552 8
2020£390,000 £4,133 7
2019£301,857 £3,583 7
2018£318,000 £4,020 7
2017£324,714 £4,116 7
2016£266,750 £3,628 4
2015£291,700 £3,406 14
2014£235,667 £2,823 9
2013£196,250 £2,454 2
2012£195,998 £2,084 3
2011£200,000 £1,754 2
2010£148,667 £2,058 3
2009£159,714 £1,992 7
2008£198,833 £2,253 6
2007£204,608 £2,569 12
2006£194,331 £2,040 18
2005£198,657 £1,984 19
2004£159,714 £1,907 14
2003£147,572 £1,842 10
2002£116,892 £1,328 14
2001£90,074 £1,018 12
2000£88,927 £975 7
1999£68,418 £797 13
1998£60,944 £794 9
1997£46,699 £702 5
1996£51,467 £383 15
1995£52,099 £677 5
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£450,000 £4,749 1
2019£400,000 £3,333 1
2016£400,000 £4,221 1
2006£254,740 £2,233 5
2005£234,667 £2,074 3
2004£260,000 £1,585 1
2001£126,500 £897 1
2000£110,000 £780 1
1996£59,995 £425 1

House Type in RM8 3JU area

The most common house types in the RM8 3JU postcode area are Terraced (109), Semi-detached (28), and Detached (11).

Total156
Terraced109
Semi-detached28
Detached11
Shared house6
Flat2
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 (67), and Social rented: Rents from council or Local Authority (39).

Owned: Owns with a mortgage or loan67
Social rented: Rents from council or Local Authority39
Private rented: Private landlord or letting agency26
Owned: Owns outright17
Social rented: Other social rented6
Lives rent free2
Shared ownership: Shared ownership1
Does not apply0
Private rented: Other private rented0

Number of People in a Household

The most houses in the RM8 3JU have 2 people in household (54), and 4 people in household (31).

2 people in household54
4 people in household31
3 people in household29
1 person in household21
5 people in household18
6 people in household4
7 people in household1
0 people in household0
8 or more people in household0