Morecambe Close - RM12 5LT
Key Postcode Insights
RM12 5LT is a residential postcode situated on Morecambe Close, Hornchurch, RM12 with 26 addresses.
It ranks as the 296th largest and 214th most expensive of the 576 postcodes in the RM12 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 26 properties: 26 houses.
- Ave. Sale Price
- £440,744
- 10 Year change
- up 30.8%
- Ave. Rental Price
- £2,286pcm
- 10 Year change
- up 54.7%
- Ave. £ per ft²
- £500/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Key Postcode Insights
RM12 5LT is a residential postcode situated on Morecambe Close, Hornchurch, RM12 with 26 addresses.
It ranks as the 296th largest and 214th most expensive of the 576 postcodes in the RM12 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 26 properties: 26 houses.
- Ave. Sale Price
- £440,744
- 10 Year change
- up 30.8%
- Ave. Rental Price
- £2,286pcm
- 10 Year change
- up 54.7%
- Ave. £ per ft²
- £500/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Explore Propertiesin RM12 5LT
- 7 Morecambe Close
Unknown
- 9 Morecambe Close
3 Bed Early-century House
- 11 Morecambe Close
Unknown
- 13 Morecambe Close
4 Bed Early-century House
- 15 Morecambe Close
Unknown
Sales Market Trends
The last sale in RM12 5LT sold for £360,000 on 29th November 2024. Since then prices are up an average of 2.7%.
The current average value in the postcode is £440,744.
The RM12 5LT Sales Market has increased by 30.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0% | £440,744 |
| June 2025 | 3.4% | £440,570 |
| June 2024 | -0.8% | £425,885 |
| June 2023 | -1% | £429,476 |
| June 2022 | 12.2% | £433,934 |
| June 2021 | 5.3% | £386,667 |
| June 2020 | 3% | £367,197 |
| June 2019 | -0.5% | £356,333 |
| June 2018 | 2.2% | £358,011 |
| June 2017 | 3.9% | £350,283 |
| June 2016 | 16.9% | £336,986 |
| June 2015 | 11.8% | £288,330 |
| June 2014 | 14.4% | £257,919 |
| June 2013 | 2.6% | £225,528 |
| June 2012 | 1.2% | £219,842 |
| June 2011 | 0.2% | £217,181 |
| June 2010 | 11.2% | £216,827 |
| June 2009 | -12.1% | £194,989 |
| June 2008 | -1% | £221,858 |
| June 2007 | 0% | £224,160 |
Rental Market Trends
The current average rental value in the postcode is £2,286.
The RM12 5LT Rental Market has increased by 54.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £2,286pcm |
| June 2025 | 5.9% | £2,219pcm |
| June 2024 | 7.4% | £2,095pcm |
| June 2023 | 11.5% | £1,950pcm |
| June 2022 | 8.4% | £1,748pcm |
| June 2021 | 4.1% | £1,614pcm |
| June 2020 | 2.3% | £1,550pcm |
| June 2019 | 1.9% | £1,515pcm |
| June 2018 | -0.2% | £1,487pcm |
| June 2017 | 0.8% | £1,489pcm |
| June 2016 | 7.5% | £1,478pcm |
| June 2015 | 7.5% | £1,375pcm |
| June 2014 | 5.6% | £1,279pcm |
| June 2013 | 2.8% | £1,212pcm |
| June 2012 | 5% | £1,179pcm |
| June 2011 | 4.7% | £1,122pcm |
| June 2010 | 9.3% | £1,071pcm |
| June 2009 | -2.6% | £980pcm |
| June 2008 | 6.3% | £1,006pcm |
| June 2007 | 0% | £947pcm |
Sales History
The last sale was on 29th November 2024 for £360,000 and since then the market in the area has increased by 2.7%. The postcode has had a total of 30 sales since 1995.
RM12 5LT has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Nov 2024£360,000 | 3 Bed House29, Morecambe Close, Hornchurch, RM12 5LT29, Morecambe Close, Hornchurch, RM12 5LT
- Sold Jun 2024£438,000 | 3 Bed House47, Morecambe Close, Hornchurch, RM12 5LT47, Morecambe Close, Hornchurch, RM12 5LT
- Sold Mar 2022£425,000 | 3 Bed House43, Morecambe Close, Hornchurch, RM12 5LT43, Morecambe Close, Hornchurch, RM12 5LT
- Sold Jun 2021£425,000 | 3 Bed House49, Morecambe Close, Hornchurch, RM12 5LT49, Morecambe Close, Hornchurch, RM12 5LT
- Sold Jun 2020£320,000 | 3 Bed House25, Morecambe Close, Hornchurch, RM12 5LT25, Morecambe Close, Hornchurch, RM12 5LT
Nearby Postcodes
RM12 5LT is the 296th largest and the 214th most expensive postcode out of the 576 postcodes in the RM12 area.
- RM12 5LU, Morecambe Close, Hornchurch, RM12RM12 5LU32 Addresses|35 m away
- RM12 5RS, West Malling Way, Hornchurch, RM12RM12 5RS51 Addresses|60 m away
- RM12 5SJ, Lancaster Drive, Hornchurch, RM12RM12 5SJ30 Addresses|94 m away
- RM12 5RT, Martlesham Close, Hornchurch, RM12RM12 5RT14 Addresses|106 m away
- RM12 5LX, South End Road, Hornchurch, RM12RM12 5LX21 Addresses|117 m away
Property Types
- 5 mid-century houses built between 1936 and 1979
- 10 early-century houses built between 1912 and 1935
- 11 other addresses of unknown type
- mid-century house (5)
- early-century house (10)
- Unknown (11)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 15 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (7)
- G (0)
- D (7)
- No EPC (11)
Top 3 Most Expensive Sales
- Sold Jun 2024£438,000 | 3 Bed House47, Morecambe Close, Hornchurch, RM12 5LT47, Morecambe Close, Hornchurch, RM12 5LT
- Sold Jul 2018£430,000 | 3 Bed House30, Morecambe Close, Hornchurch, RM12 5LU30, Morecambe Close, Hornchurch, RM12 5LU
- Sold Jun 2021£425,000 | 3 Bed House49, Morecambe Close, Hornchurch, RM12 5LT49, Morecambe Close, Hornchurch, RM12 5LT
Schools Nearby
- R J Mitchell Primary School200 m away
- Scotts Primary School600 m away
- Elm Park Primary School700 m away
- Sanders Draper1.0 km away
- Abbs Cross Academy and Arts College1.1 km away
- The Brittons Academy1.4 km away
More reading links
Public Transport Nearby
The closest station to RM12 5LT is Elm Park station, which is 800 metres away.
- Elm Park|800 m away
- Hornchurch|1.5 km away
- Dagenham East|2.7 km away
- Upminster Bridge|2.7 km away
