Balgores Lane - RM2 5JX
Key Postcode Insights
RM2 5JX is a residential postcode situated on Balgores Lane, Romford, RM2 with 20 addresses.
It ranks as the 110th largest and 153rd most expensive of the 261 postcodes in the RM2 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 20 properties: 16 houses and 4 flats.
- Ave. Sale Price
- £580,312
- 10 Year change
- up 19.5%
- Ave. Rental Price
- £2,371pcm
- 10 Year change
- up 45.5%
- Ave. £ per ft²
- £519/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Key Postcode Insights
RM2 5JX is a residential postcode situated on Balgores Lane, Romford, RM2 with 20 addresses.
It ranks as the 110th largest and 153rd most expensive of the 261 postcodes in the RM2 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 20 properties: 16 houses and 4 flats.
- Ave. Sale Price
- £580,312
- 10 Year change
- up 19.5%
- Ave. Rental Price
- £2,371pcm
- 10 Year change
- up 45.5%
- Ave. £ per ft²
- £519/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Explore Propertiesin RM2 5JX
- 61 Balgores Lane
5 Bed Early-century House
- 63 Balgores Lane
3 Bed Early-century House
- 65 Balgores Lane
4 Bed Early-century House
- 67 Balgores Lane
Unknown
- 69 Balgores Lane
3 Bed Early-century House
Sales Market Trends
The last sale in RM2 5JX sold for £330,000 on 19th February 2025. Since then prices are up an average of 2.8%.
The current average value in the postcode is £580,312.
The RM2 5JX Sales Market has increased by 19.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.3% | £580,312 |
| June 2025 | 1.9% | £578,851 |
| June 2024 | 1.6% | £568,215 |
| June 2023 | -2.6% | £559,462 |
| June 2022 | 7.2% | £574,573 |
| June 2021 | 3.5% | £536,204 |
| June 2020 | 0.9% | £518,294 |
| June 2019 | -1.1% | £513,685 |
| June 2018 | 1.3% | £519,270 |
| June 2017 | 5.6% | £512,453 |
| June 2016 | 15.4% | £485,500 |
| June 2015 | 9.8% | £420,710 |
| June 2014 | 9.5% | £383,268 |
| June 2013 | 4% | £350,001 |
| June 2012 | -1.7% | £336,583 |
| June 2011 | 3.1% | £342,537 |
| June 2010 | 10% | £332,367 |
| June 2009 | -10.9% | £302,179 |
| June 2008 | 1% | £339,176 |
| June 2007 | 0% | £335,859 |
Rental Market Trends
The current average rental value in the postcode is £2,371.
The RM2 5JX Rental Market has increased by 45.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £2,371pcm |
| June 2025 | 2.7% | £2,323pcm |
| June 2024 | 9.1% | £2,262pcm |
| June 2023 | 11.4% | £2,073pcm |
| June 2022 | 7.4% | £1,861pcm |
| June 2021 | 3% | £1,733pcm |
| June 2020 | 3.4% | £1,683pcm |
| June 2019 | -0.5% | £1,628pcm |
| June 2018 | 0.1% | £1,636pcm |
| June 2017 | 0.2% | £1,634pcm |
| June 2016 | 5.7% | £1,630pcm |
| June 2015 | 7.6% | £1,542pcm |
| June 2014 | 5.4% | £1,433pcm |
| June 2013 | 2% | £1,359pcm |
| June 2012 | 3.9% | £1,333pcm |
| June 2011 | 4.5% | £1,283pcm |
| June 2010 | 5.6% | £1,227pcm |
| June 2009 | -2.7% | £1,162pcm |
| June 2008 | 5.1% | £1,194pcm |
| June 2007 | 0% | £1,136pcm |
Sales History
The last sale was on 19th February 2025 for £330,000 and since then the market in the area has increased by 2.8%. The postcode has had a total of 30 sales since 1995.
RM2 5JX has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Feb 2025£330,000 | 2 Bed Flat140, Balgores Lane, Romford, RM2 5JX140, Balgores Lane, Romford, RM2 5JX
- Sold Jan 2025£620,000 | 3 Bed House69, Balgores Lane, Romford, RM2 5JX69, Balgores Lane, Romford, RM2 5JX
- Sold Feb 2022£535,000 | 3 Bed House63, Balgores Lane, Romford, RM2 5JX63, Balgores Lane, Romford, RM2 5JX
- Sold Jan 2020£525,000 | 4 Bed House65, Balgores Lane, Romford, RM2 5JX65, Balgores Lane, Romford, RM2 5JX
- Sold Feb 2018£520,000 | 3 Bed House132, Balgores Lane, Romford, RM2 5JX132, Balgores Lane, Romford, RM2 5JX
Nearby Postcodes
RM2 5JX is the 110th largest and the 153rd most expensive postcode out of the 261 postcodes in the RM2 area.
- RM2 6AU, Balgores Square, Romford, RM2RM2 6AU21 Addresses|80 m away
- RM2 6BD, Hare Hall Lane, Romford, RM2RM2 6BD8 Addresses|91 m away
- RM2 5BB, Carlton Road, Romford, RM2RM2 5BB22 Addresses|96 m away
- RM2 6BE, Geddy Court, Romford, RM2RM2 6BE16 Addresses|97 m away
- RM2 6BP, Balgores Lane, Romford, RM2RM2 6BP16 Addresses|101 m away
Property Types
- 1 modern house built after 1980
- 2 mid-century flats built between 1936 and 1979
- 9 early-century houses built between 1912 and 1935
- 8 other addresses of unknown type
- modern house (1)
- mid-century flat (2)
- early-century house (9)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 12 properties.
- The most common rating is E.
- A (0)
- E (5)
- B (1)
- F (0)
- C (3)
- G (0)
- D (3)
- No EPC (8)
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
- Squirrels Heath Primary School600 m away
- Gidea Park Primary School600 m away
- Hylands Primary School1.2 km away
- The Royal Liberty School700 m away
- The Frances Bardsley Academy for Girls1.0 km away
- Marshalls Park Academy1.5 km away
More reading links
Public Transport Nearby
The closest station to RM2 5JX is Gidea Park station, which is 200 metres away.
- Gidea Park|200 m away
- Romford|1.6 km away
