RM8 3LT has an average sold price of £166,541 across 51 HM Land Registry transactions.
Decision summary
RM8 3LT has 51 HM Land Registry sales, a median sold price of £157,000 and an average sold price of £166,541. Use the recent transactions and nearby postcode comparisons before treating the average as a guide.
RM8 3LT is a more affordable market, with average prices 58% below the national average with essentially flat five-year movement of -6.4%. The median sits below the average, suggesting that a subset of higher-value sales pulls the mean upward — a pattern common in areas with mixed housing stock ranging from starter homes to luxury properties. Based on 51 registered HM Land Registry transactions across 24 years of data, these figures reflect actual completed sales rather than asking prices. Five-year growth compares average prices over 12-month windows; the most recent months may be slightly incomplete due to registration lag (sales can take 2–6 months to appear in the Land Registry). Note that this analysis draws on 51 transactions, which gives a directional picture but may not capture the full price range of this area.
A postcode may be missing when it has no recorded sales or too few registered HM Land Registry transactions to publish a useful page. Very recent completions can also be absent until registration and the next monthly data refresh.
The average is the mean of registered residential sale prices available for this postcode in the Land Registry data. It is based on sold prices, not current valuations.
No. These are completed sold prices recorded by HM Land Registry. They are not estate-agent asking prices, live listings or automated valuations.
No. The page is a research summary of historical sold prices. Use it to understand local evidence, then compare property condition, size, tenure, transaction type and professional valuation advice before making a decision.
Some postcodes have only a small number of recorded sales. A few high or low value transactions can move the average, so the transaction count should be read alongside the price.
Property valuation guide
Professional valuers use recent sold prices as comparable evidence. In RM8 3LT, the median sold price is £157,000 and the average is £166,541, based on 51 HM Land Registry transactions. Over five years, prices have moved -6.4%, which affects how comparables from earlier years should be weighted.
These are historical completed-sale prices — not a formal valuation, asking price or investment advice. Use them to sense-check an asking price or set expectations before instructing a surveyor.
RM8 3LT prices fell -6.4% over 5 yearsⓘ, below the national average of +18.7%.
Yearly trend data is shown at postcode district level to keep the sample size reliable.
Median vs average
£9,541 below avg
Median price is lower than the average, so a few higher-value sales may lift the mean.
Sales pace
2 / year
Based on 51 sales over 24 active years.
Sample quality
Consistent sample
Median and average prices are not showing a strong outlier signal in the recent sample.
Nearby postcodes
RM8 1SW
Closest comparison shown at £113,905.
Data note
Limited sample
51 transactions provide a directional view but may not capture the full market range.
Sold price statistics are calculated from HM Land Registry Price Paid Data and grouped by postcode, town, street or district. The records shown for RM8 3LT are based on available HM Land Registry sale records. Figures are historical sold prices, not a property valuation, and may exclude transactions that have not yet been registered or records with incomplete location data.
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