Parkway - RM2 5NT
Key Postcode Insights
RM2 5NT is a residential postcode situated on Parkway, Romford, RM2 with 34 addresses.
It ranks as the 209th largest and 248th most expensive of the 261 postcodes in the RM2 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 34 properties: 34 houses.
- Ave. Sale Price
- £1,193,546
- 10 Year change
- up 24.3%
- Ave. Rental Price
- £4,143pcm
- 10 Year change
- up 51.3%
- Ave. £ per ft²
- £560/ft²
- Ave. Gross Yield
- 4.2%/year/yr
Key Postcode Insights
RM2 5NT is a residential postcode situated on Parkway, Romford, RM2 with 34 addresses.
It ranks as the 209th largest and 248th most expensive of the 261 postcodes in the RM2 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 34 properties: 34 houses.
- Ave. Sale Price
- £1,193,546
- 10 Year change
- up 24.3%
- Ave. Rental Price
- £4,143pcm
- 10 Year change
- up 51.3%
- Ave. £ per ft²
- £560/ft²
- Ave. Gross Yield
- 4.2%/year/yr
Sales Market Trends
The last sale in RM2 5NT sold for £1,510,000 on 5th September 2025. Since then prices are down an average of 0.3%.
The current average value in the postcode is £1,193,546.
The RM2 5NT Sales Market has increased by 24.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.5% | £1,193,546 |
| June 2025 | 2.2% | £1,199,330 |
| June 2024 | 1.1% | £1,173,694 |
| June 2023 | -1.8% | £1,160,709 |
| June 2022 | 8% | £1,181,833 |
| June 2021 | 4.8% | £1,094,130 |
| June 2020 | 1.4% | £1,043,847 |
| June 2019 | -0.3% | £1,029,082 |
| June 2018 | 1.9% | £1,032,207 |
| June 2017 | 5.5% | £1,012,536 |
| June 2016 | 14.4% | £959,990 |
| June 2015 | 9.1% | £838,950 |
| June 2014 | 9.7% | £768,681 |
| June 2013 | 4% | £700,954 |
| June 2012 | -2.1% | £674,209 |
| June 2011 | 3.8% | £688,835 |
| June 2010 | 12.9% | £663,745 |
| June 2009 | -8.2% | £587,712 |
| June 2008 | 0.3% | £640,061 |
| June 2007 | 0% | £638,225 |
Rental Market Trends
The current average rental value in the postcode is £4,143.
The RM2 5NT Rental Market has increased by 51.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.5% | £4,143pcm |
| June 2025 | 3% | £4,083pcm |
| June 2024 | 8.9% | £3,964pcm |
| June 2023 | 12.6% | £3,639pcm |
| June 2022 | 7.6% | £3,233pcm |
| June 2021 | 4.2% | £3,003pcm |
| June 2020 | 3.6% | £2,882pcm |
| June 2019 | 0.5% | £2,782pcm |
| June 2018 | 0.7% | £2,768pcm |
| June 2017 | 0.3% | £2,748pcm |
| June 2016 | 4.5% | £2,738pcm |
| June 2015 | 6.6% | £2,620pcm |
| June 2014 | 5.1% | £2,459pcm |
| June 2013 | 2.6% | £2,339pcm |
| June 2012 | 2.8% | £2,281pcm |
| June 2011 | 6.2% | £2,218pcm |
| June 2010 | 8.8% | £2,089pcm |
| June 2009 | 0.2% | £1,921pcm |
| June 2008 | 5.1% | £1,917pcm |
| June 2007 | 0% | £1,824pcm |
Sales History
The last sale was on 5th September 2025 for £1,510,000 and since then the market in the area has decreased by 0.3%. The postcode has had a total of 40 sales since 1995.
RM2 5NT has seen 3 sales in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£1,510,000 | 5 Bed House9, Parkway, Romford, RM2 5NT9, Parkway, Romford, RM2 5NT
- Sold Dec 2023£950,000 | 4 Bed House28, Parkway, Romford, RM2 5NT28, Parkway, Romford, RM2 5NT
- Sold Oct 2023£1,500,000 | 5 Bed House5, Parkway, Romford, RM2 5NT5, Parkway, Romford, RM2 5NT
- Sold Aug 2022£810,000 | 4 Bed House10, Parkway, Romford, RM2 5NT10, Parkway, Romford, RM2 5NT
- Sold Jun 2021£1,365,000 | 5 Bed House18, Parkway, Romford, RM2 5NT18, Parkway, Romford, RM2 5NT
Nearby Postcodes
RM2 5NT is the 209th largest and the 248th most expensive postcode out of the 261 postcodes in the RM2 area.
- RM2 5NP, Gidea Close, Romford, RM2RM2 5NP20 Addresses|184 m away
- RM2 5PA, Parkway, Romford, RM2RM2 5PA10 Addresses|203 m away
- RM2 5NS, Broadway, Romford, RM2RM2 5NS15 Addresses|217 m away
- RM2 5NX, Mead Close, Romford, RM2RM2 5NX5 Addresses|225 m away
- RM2 5NU, Meadway, Romford, RM2RM2 5NU34 Addresses|247 m away
Property Types
- 4 period houses built between 1800 and 1911
- 2 modern houses built after 1980
- 8 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 5 early-century houses built between 1912 and 1935
- 14 other addresses of unknown type
- period house (4)
- modern house (2)
- mid-century house (8)
- house (1)
- early-century house (5)
- Unknown (14)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 19 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (1)
- C (3)
- G (0)
- D (12)
- No EPC (15)
Top 3 Most Expensive Sales
Schools Nearby
- Gidea Park Primary School500 m away
- St Edward's Church of England Voluntary Aided Primary School1.0 km away
- St Peter's Catholic Primary School1.1 km away
- Marshalls Park Academy600 m away
- The Royal Liberty School1.2 km away
- The Frances Bardsley Academy for Girls1.8 km away
More reading links
Public Transport Nearby
The closest station to RM2 5NT is Gidea Park station, which is 1.2 kilometres away.
- Gidea Park|1.2 km away
- Romford|1.7 km away
