Balgores Lane - RM2 5JR
Key Postcode Insights
RM2 5JR is a residential postcode situated on Balgores Lane, Romford, RM2 with 6 addresses.
It ranks as the 20th largest and 59th most expensive of the 261 postcodes in the RM2 area. The most common property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 6 properties: 1 house and 5 flats.
- Ave. Sale Price
- £362,186
- 10 Year change
- up 15.6%
- Ave. Rental Price
- £1,656pcm
- 10 Year change
- up 39.7%
- Ave. £ per ft²
- £458/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Key Postcode Insights
RM2 5JR is a residential postcode situated on Balgores Lane, Romford, RM2 with 6 addresses.
It ranks as the 20th largest and 59th most expensive of the 261 postcodes in the RM2 area. The most common property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 6 properties: 1 house and 5 flats.
- Ave. Sale Price
- £362,186
- 10 Year change
- up 15.6%
- Ave. Rental Price
- £1,656pcm
- 10 Year change
- up 39.7%
- Ave. £ per ft²
- £458/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Explore Propertiesin RM2 5JR
- 1 Balgores Lane
Unknown
- A
Unknown
- 5A Balgores Lane
2 Bed Early-century Flat
- 9A Balgores Lane
Unknown
- 11 Balgores Lane
Building | 2 Flats
Sales Market Trends
The last sale in RM2 5JR sold for £249,995 on 15th December 2014. Since then prices are up an average of 38.3%.
The current average value in the postcode is £362,186.
The RM2 5JR Sales Market has increased by 15.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.2% | £362,186 |
| June 2025 | 1.6% | £361,590 |
| June 2024 | 2.4% | £355,999 |
| June 2023 | -2.9% | £347,536 |
| June 2022 | 5.7% | £357,978 |
| June 2021 | 2.4% | £338,656 |
| June 2020 | 0.8% | £330,648 |
| June 2019 | -1.7% | £327,943 |
| June 2018 | 1.1% | £333,563 |
| June 2017 | 5.3% | £329,996 |
| June 2016 | 15.5% | £313,312 |
| June 2015 | 9.1% | £271,337 |
| June 2014 | 8.7% | £248,706 |
| June 2013 | 4.1% | £228,833 |
| June 2012 | -3% | £219,802 |
| June 2011 | 3.3% | £226,609 |
| June 2010 | 8.6% | £219,339 |
| June 2009 | -11.6% | £201,947 |
| June 2008 | 1.8% | £228,334 |
| June 2007 | 0% | £224,306 |
Rental Market Trends
The current average rental value in the postcode is £1,656.
The RM2 5JR Rental Market has increased by 39.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.9% | £1,656pcm |
| June 2025 | 2.7% | £1,625pcm |
| June 2024 | 9.6% | £1,583pcm |
| June 2023 | 10.7% | £1,444pcm |
| June 2022 | 6.2% | £1,304pcm |
| June 2021 | 1.8% | £1,228pcm |
| June 2020 | 3.5% | £1,207pcm |
| June 2019 | -1.3% | £1,166pcm |
| June 2018 | 0% | £1,182pcm |
| June 2017 | -0.3% | £1,182pcm |
| June 2016 | 6% | £1,185pcm |
| June 2015 | 7.1% | £1,119pcm |
| June 2014 | 5% | £1,045pcm |
| June 2013 | 1.6% | £995pcm |
| June 2012 | 3% | £980pcm |
| June 2011 | 4.3% | £951pcm |
| June 2010 | 4.1% | £911pcm |
| June 2009 | -3.2% | £876pcm |
| June 2008 | 5.3% | £904pcm |
| June 2007 | 0% | £859pcm |
Sales History
The last sale was on 15th December 2014 for £249,995 and since then the market in the area has increased by 38.3%. The postcode has had a total of 4 sales since 1995.
RM2 5JR has seen no sales in the last three years and no sales in the last twelve months.
- Sold Dec 2014£249,995 | 2 Bed Flat11A, Balgores Lane, Romford, RM2 5JR11A, Balgores Lane, Romford, RM2 5JR
- Sold Mar 2005£146,000 | 2 Bed Flat11A, Balgores Lane, Romford, RM2 5JR11A, Balgores Lane, Romford, RM2 5JR
- Sold Jan 2003£131,500 | 2 Bed Flat11, Balgores Lane, Romford, RM2 5JR11, Balgores Lane, Romford, RM2 5JR
- Sold Nov 1995£40,500 | 4 Bed House1, Balgores Lane, Romford, RM2 5JR1, Balgores Lane, Romford, RM2 5JR
Nearby Postcodes
RM2 5JR is the 20th largest and the 59th most expensive postcode out of the 261 postcodes in the RM2 area.
- RM2 5HA, Main Road, Romford, RM2RM2 5HA25 Addresses|56 m away
- RM2 5EL, Main Road, Romford, RM2RM2 5EL23 Addresses|78 m away
- RM2 6AB, Balgores Crescent, Romford, RM2RM2 6AB20 Addresses|83 m away
- RM2 5HR, Main Road, Romford, RM2RM2 5HR29 Addresses|101 m away
- RM2 5NA, Tudor Avenue, Romford, RM2RM2 5NA10 Addresses|105 m away
Property Types
- 1 early-century flat built between 1912 and 1935
- 5 other addresses of unknown type
- early-century flat (1)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Aug 2023£975,000 | 4 Bed House100, Balgores Lane, Romford, RM2 5JU100, Balgores Lane, Romford, RM2 5JU
- Sold Oct 2024£960,000 | 5 Bed House50, Balgores Lane, Romford, RM2 5JU50, Balgores Lane, Romford, RM2 5JU
- Sold Sep 2021£915,000 | 4 Bed House37, Balgores Lane, Romford, RM2 5JU37, Balgores Lane, Romford, RM2 5JU
Schools Nearby
- Gidea Park Primary School500 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 Girls1.4 km away
More reading links
Public Transport Nearby
The closest station to RM2 5JR is Gidea Park station, which is 600 metres away.
- Gidea Park|600 m away
- Romford|1.7 km away