RM2 5LH is a residential postcode situated on Tudor Drive, Romford, RM2 with 52 addresses.
It ranks as the 248th largest and 64th most expensive of the 261 postcodes in the RM2 area. The dominant property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 52 properties: 3 houses and 49 flats.
RM2 5LH is a residential postcode situated on Tudor Drive, Romford, RM2 with 52 addresses.
It ranks as the 248th largest and 64th most expensive of the 261 postcodes in the RM2 area. The dominant property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 52 properties: 3 houses and 49 flats.
Sale prices range from £309,384 for 2 bedroom leasehold flats (592 ft2) to £423,450 for 2 bedroom leasehold houses with a garden (505 ft2) .
Monthly rental prices range from £1,471 pcm for 2 bed flats to £1,798 pcm for 2 bed houses.
The gross rental yield is between 4.7% and 5.7%.
The average value per square foot is £465.
The last sale in RM2 5LH sold for £357,500 on 19th December 2025. Since then prices are up an average of 1.5%.
The current average value in the postcode is £352,879.
The RM2 5LH Sales Market has increased by 16.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.2% | £352,879 |
| April 2025 | 1.3% | £348,712 |
| April 2024 | 0.5% | £344,275 |
| April 2023 | -1.6% | £342,723 |
| April 2022 | 6.5% | £348,191 |
| April 2021 | 1.8% | £327,054 |
| April 2020 | -0.6% | £321,221 |
| April 2019 | -0.5% | £323,164 |
| April 2018 | 1.1% | £324,941 |
| April 2017 | 6.2% | £321,460 |
| April 2016 | 14.5% | £302,700 |
| April 2015 | 9.9% | £264,276 |
| April 2014 | 9.2% | £240,542 |
| April 2013 | 4.1% | £220,185 |
| April 2012 | -1.2% | £211,477 |
| April 2011 | 0.7% | £214,071 |
| April 2010 | 10.2% | £212,552 |
| April 2009 | -15.4% | £192,921 |
| April 2008 | 4.5% | £227,937 |
| April 2007 | 0% | £218,037 |
The current average rental value in the postcode is £1,633.
The RM2 5LH Rental Market has increased by 37.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.8% | £1,633pcm |
| April 2025 | 3.4% | £1,604pcm |
| April 2024 | 9% | £1,550pcm |
| April 2023 | 10.8% | £1,423pcm |
| April 2022 | 5.4% | £1,284pcm |
| April 2021 | 2.3% | £1,218pcm |
| April 2020 | 1.7% | £1,190pcm |
| April 2019 | -0.9% | £1,170pcm |
| April 2018 | 0% | £1,180pcm |
| April 2017 | -0.7% | £1,179pcm |
| April 2016 | 6.3% | £1,188pcm |
| April 2015 | 8.7% | £1,117pcm |
| April 2014 | 3.1% | £1,027pcm |
| April 2013 | 3.3% | £996pcm |
| April 2012 | 5.1% | £964pcm |
| April 2011 | 2.5% | £918pcm |
| April 2010 | 3.7% | £895pcm |
| April 2009 | -3.5% | £863pcm |
| April 2008 | 4.9% | £894pcm |
| April 2007 | 0% | £852pcm |
The last sale was on 19th December 2025 for £357,500 and since then the market in the area has increased by 1.5%. The postcode has had a total of 76 sales since 1995.
RM2 5LH has seen 6 sales in the last three years and 1 sale in the last twelve months.
RM2 5LH is the 248th largest and the 64th most expensive postcode out of the 261 postcodes in the RM2 area.
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The closest station to RM2 5LH is Gidea Park station which is 800 metres away.
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