RM2 5EE is a residential postcode situated on Main Road, Romford, RM2 with 10 addresses.
It ranks as the 44th largest and 66th most expensive of the 261 postcodes in the RM2 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 10 properties: 10 flats.
RM2 5EE is a residential postcode situated on Main Road, Romford, RM2 with 10 addresses.
It ranks as the 44th largest and 66th most expensive of the 261 postcodes in the RM2 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 10 properties: 10 flats.
Sale prices range from £304,155 for 2 bedroom leasehold flats with a balcony (505 ft2) to £498,726 for 3 bedroom leasehold flats with a balcony (1,151 ft2) .
Monthly rental prices range from £1,469 pcm for 2 bed flats to £2,295 pcm for 3 bed flats.
The gross rental yield is between 5.5% and 5.8%.
The average value per square foot is £523.
The last sale in RM2 5EE sold for £386,000 on 28th February 2023. Since then prices are down an average of 0.9%.
The current average value in the postcode is £372,277.
The RM2 5EE Sales Market has increased by 10.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.7% | £372,277 |
| April 2025 | -0.2% | £369,843 |
| April 2024 | -0.7% | £370,578 |
| April 2023 | -1.3% | £373,284 |
| April 2022 | 5.9% | £378,363 |
| April 2021 | 1.1% | £357,144 |
| April 2020 | -0.5% | £353,250 |
| April 2019 | -1.5% | £354,926 |
| April 2018 | 0.7% | £360,419 |
| April 2017 | 6.6% | £357,753 |
| April 2016 | 13.7% | £335,714 |
| April 2015 | 9.9% | £295,350 |
| April 2014 | 8.7% | £268,717 |
| April 2013 | 3.7% | £247,194 |
| April 2012 | -0.4% | £238,294 |
| April 2011 | -0.3% | £239,282 |
| April 2010 | 10.4% | £240,052 |
| April 2009 | -15.1% | £217,401 |
| April 2008 | 3.1% | £256,064 |
| April 2007 | 0% | £248,340 |
The current average rental value in the postcode is £1,745.
The RM2 5EE Rental Market has increased by 30.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.3% | £1,745pcm |
| April 2025 | 1.7% | £1,722pcm |
| April 2024 | 8.5% | £1,692pcm |
| April 2023 | 11% | £1,559pcm |
| April 2022 | 4.3% | £1,405pcm |
| April 2021 | 1.5% | £1,347pcm |
| April 2020 | 1.5% | £1,328pcm |
| April 2019 | -1.5% | £1,308pcm |
| April 2018 | -0.4% | £1,328pcm |
| April 2017 | -0.1% | £1,333pcm |
| April 2016 | 4.9% | £1,334pcm |
| April 2015 | 8.1% | £1,272pcm |
| April 2014 | 2.6% | £1,177pcm |
| April 2013 | 3.4% | £1,147pcm |
| April 2012 | 5.2% | £1,110pcm |
| April 2011 | 2.2% | £1,054pcm |
| April 2010 | 4.7% | £1,032pcm |
| April 2009 | -3.6% | £985pcm |
| April 2008 | 4.3% | £1,022pcm |
| April 2007 | 0% | £980pcm |
The last sale was on 28th February 2023 for £386,000 and since then the market in the area has decreased by 0.9%. The postcode has had a total of 29 sales since 1995.
RM2 5EE has seen 1 sale in the last three years and no sales in the last twelve months.
RM2 5EE is the 44th largest and the 66th most expensive postcode out of the 261 postcodes in the RM2 area.
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The closest station to RM2 5EE is Gidea Park station which is 800 metres away.
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