Main Road - RM2 5EL
Key Postcode Insights
RM2 5EL is a residential postcode situated on Main Road, Romford, RM2 with 23 addresses.
It ranks as the 136th largest and 19th most expensive of the 261 postcodes in the RM2 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 23 properties: 2 houses, 19 flats and 2 other properties.
- Ave. Sale Price
- £346,990
- 10 Year change
- up 18.6%
- Ave. Rental Price
- £1,743pcm
- 10 Year change
- up 44.4%
- Ave. £ per ft²
- £389/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Postcode Insights
RM2 5EL is a residential postcode situated on Main Road, Romford, RM2 with 23 addresses.
It ranks as the 136th largest and 19th most expensive of the 261 postcodes in the RM2 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 23 properties: 2 houses, 19 flats and 2 other properties.
- Ave. Sale Price
- £346,990
- 10 Year change
- up 18.6%
- Ave. Rental Price
- £1,743pcm
- 10 Year change
- up 44.4%
- Ave. £ per ft²
- £389/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Properties in RM2 5EL
- Links House
Building  |  3 Flats
- St. Michaels Vicarage
4 Bed Mid-century House
- 77 Main Road
Building  |  2 Flats
- 79 Main Road
Building  |  2 Flats
- 81 Main Road
Building  |  2 Flats
Sales Market Trends
The last sale in RM2 5EL sold for £240,000 on 30th November 2022. Since then prices are up an average of 15.8%.
The current average value in the postcode is £346,990.
The RM2 5EL Sales Market has increased by 18.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.1% | £346,990 |
| June 2025 | 1.7% | £347,394 |
| June 2024 | 1.5% | £341,697 |
| June 2023 | -2.3% | £336,674 |
| June 2022 | 7% | £344,503 |
| June 2021 | 3.5% | £322,059 |
| June 2020 | 1.2% | £311,214 |
| June 2019 | -1% | £307,594 |
| June 2018 | 1.1% | £310,655 |
| June 2017 | 5.1% | £307,281 |
| June 2016 | 15.4% | £292,485 |
| June 2015 | 9.7% | £253,530 |
| June 2014 | 9.4% | £231,213 |
| June 2013 | 3.9% | £211,268 |
| June 2012 | -2.2% | £203,322 |
| June 2011 | 3% | £207,951 |
| June 2010 | 10.5% | £201,928 |
| June 2009 | -10.1% | £182,798 |
| June 2008 | 0.7% | £203,268 |
| June 2007 | 0% | £201,818 |
Rental Market Trends
The current average rental value in the postcode is £1,743.
The RM2 5EL Rental Market has increased by 44.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.8% | £1,743pcm |
| June 2025 | 2.5% | £1,711pcm |
| June 2024 | 9.3% | £1,670pcm |
| June 2023 | 12% | £1,527pcm |
| June 2022 | 6.6% | £1,364pcm |
| June 2021 | 2.9% | £1,279pcm |
| June 2020 | 3.3% | £1,243pcm |
| June 2019 | -0.2% | £1,203pcm |
| June 2018 | -0.1% | £1,205pcm |
| June 2017 | -0.1% | £1,207pcm |
| June 2016 | 5.4% | £1,207pcm |
| June 2015 | 7.1% | £1,146pcm |
| June 2014 | 4.9% | £1,070pcm |
| June 2013 | 2.5% | £1,020pcm |
| June 2012 | 2.7% | £995pcm |
| June 2011 | 5.3% | £969pcm |
| June 2010 | 6.4% | £920pcm |
| June 2009 | -1.9% | £864pcm |
| June 2008 | 5.6% | £881pcm |
| June 2007 | 0% | £834pcm |
Sales History
The last recorded sale was on 30th November 2022 for £240,000 and since then the market in the area has increased by 15.8%.
RM2 5EL has had 3 sales since 1995, none of them in the last three years.
- Sold Nov 2022£240,000 | 2 Bed Flat83A, Main Road, Romford, RM2 5EL83A, Main Road, Romford, RM2 5EL
- Sold Sep 2021£217,000 | 2 Bed Flat85B, Main Road, Romford, RM2 5EL85B, Main Road, Romford, RM2 5EL
- Sold Jul 2017£220,500 | 2 Bed Flat85A, Main Road, Romford, RM2 5EL85A, Main Road, Romford, RM2 5EL
Nearby Postcodes
RM2 5EL is the 136th largest and the 19th most expensive postcode out of the 261 postcodes in the RM2 area.
- RM2 5DQ, Emmatis Close, Romford, RM2RM2 5DQ2 Addresses|38 m away
- RM2 5HA, Main Road, Romford, RM2RM2 5HA25 Addresses|42 m away
- RM2 5JR, Balgores Lane, Romford, RM2RM2 5JR6 Addresses|78 m away
- RM2 5QB, Heath Drive, Romford, RM2RM2 5QB10 Addresses|81 m away
- RM2 5HR, Main Road, Romford, RM2RM2 5HR29 Addresses|116 m away
Property Types
- 2 mid-century houses built between 1936 and 1979
- 19 mid-century flats built between 1936 and 1979
- 2 other addresses of unknown type
- mid-century house (2)
- mid-century flat (19)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 19 properties.
- The most common rating is C.
- A (0)
- E (3)
- B (0)
- F (0)
- C (11)
- G (0)
- D (5)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Aug 2022£1,055,000 | 4 Bed House276, Main Road, Romford, RM2 6LU276, Main Road, Romford, RM2 6LU
- Sold Sep 2021£1,045,000 | 5 Bed House308, Main Road, Romford, RM2 6PA308, Main Road, Romford, RM2 6PA
- Sold Oct 2024£1,015,000 | 5 Bed House262, Main Road, Romford, RM2 6LU262, Main Road, Romford, RM2 6LU
Schools Nearby
- Gidea Park Primary School600 m away
- Squirrels Heath Primary School1.1 km away
- Ardleigh Green Junior School1.4 km away
- The Royal Liberty School700 m away
- Marshalls Park Academy1.2 km away
- The Frances Bardsley Academy for Girls1.5 km away
More reading links
Public Transport Nearby
The closest station to RM2 5EL is Gidea Park station, which is 700 metres away.
- Gidea Park|700 m away
- Romford|1.8 km away