Parkway - RM2 5PA
Key Postcode Insights
RM2 5PA is a residential postcode situated on Parkway, Romford, RM2 with 10 addresses.
It ranks as the 46th largest and 251st most expensive of the 261 postcodes in the RM2 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 10 properties: 10 houses.
- Ave. Sale Price
- £1,136,315
- 10 Year change
- up 24.2%
- Ave. Rental Price
- £3,866pcm
- 10 Year change
- up 51.1%
- Ave. £ per ft²
- £614/ft²
- Ave. Gross Yield
- 4.1%/year/yr
Key Postcode Insights
RM2 5PA is a residential postcode situated on Parkway, Romford, RM2 with 10 addresses.
It ranks as the 46th largest and 251st most expensive of the 261 postcodes in the RM2 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 10 properties: 10 houses.
- Ave. Sale Price
- £1,136,315
- 10 Year change
- up 24.2%
- Ave. Rental Price
- £3,866pcm
- 10 Year change
- up 51.1%
- Ave. £ per ft²
- £614/ft²
- Ave. Gross Yield
- 4.1%/year/yr
Explore Propertiesin RM2 5PA
- 46 Parkway
4 Bed Period House
- 48 Parkway
4 Bed Mid-century House
- 50 Parkway
Unknown
- 52 Parkway
4 Bed Period House
- 54 Parkway
4 Bed Period House
Sales Market Trends
The last sale in RM2 5PA sold for £1,350,000 on 20th June 2023. Since then prices are up an average of 2.6%.
The current average value in the postcode is £1,136,315.
The RM2 5PA Sales Market has increased by 24.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.6% | £1,136,315 |
| June 2025 | 2% | £1,143,189 |
| June 2024 | 1.2% | £1,120,459 |
| June 2023 | -1.8% | £1,107,291 |
| June 2022 | 7.7% | £1,128,038 |
| June 2021 | 4.9% | £1,047,352 |
| June 2020 | 1.6% | £998,103 |
| June 2019 | -0.2% | £982,777 |
| June 2018 | 2.1% | £985,019 |
| June 2017 | 5.4% | £964,297 |
| June 2016 | 13.9% | £915,174 |
| June 2015 | 8.8% | £803,753 |
| June 2014 | 9.5% | £738,869 |
| June 2013 | 4% | £674,786 |
| June 2012 | -2.3% | £648,966 |
| June 2011 | 3.9% | £664,075 |
| June 2010 | 13.3% | £638,957 |
| June 2009 | -7.5% | £564,090 |
| June 2008 | -0.2% | £609,792 |
| June 2007 | 0% | £610,833 |
Rental Market Trends
The current average rental value in the postcode is £3,866.
The RM2 5PA Rental Market has increased by 51.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.4% | £3,866pcm |
| June 2025 | 2.9% | £3,814pcm |
| June 2024 | 9% | £3,709pcm |
| June 2023 | 12.5% | £3,402pcm |
| June 2022 | 7.3% | £3,024pcm |
| June 2021 | 4.3% | £2,817pcm |
| June 2020 | 3.7% | £2,700pcm |
| June 2019 | 0.6% | £2,604pcm |
| June 2018 | 0.9% | £2,588pcm |
| June 2017 | 0.2% | £2,564pcm |
| June 2016 | 4% | £2,558pcm |
| June 2015 | 6.2% | £2,460pcm |
| June 2014 | 5% | £2,316pcm |
| June 2013 | 2.6% | £2,207pcm |
| June 2012 | 2.7% | £2,151pcm |
| June 2011 | 6.3% | £2,095pcm |
| June 2010 | 9.1% | £1,971pcm |
| June 2009 | 1% | £1,807pcm |
| June 2008 | 4.6% | £1,790pcm |
| June 2007 | 0% | £1,710pcm |
Sales History
The last sale was on 20th June 2023 for £1,350,000 and since then the market in the area has increased by 2.6%. The postcode has had a total of 13 sales since 1995.
RM2 5PA has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jun 2023£1,350,000 | 4 Bed House56, Parkway, Romford, RM2 5PA56, Parkway, Romford, RM2 5PA
- Sold Feb 2022£1,000,000 | 4 Bed House46, Parkway, Romford, RM2 5PA46, Parkway, Romford, RM2 5PA
- Sold Oct 2021£1,100,000 | 4 Bed House52, Parkway, Romford, RM2 5PA52, Parkway, Romford, RM2 5PA
- Sold Nov 2019£910,000 | 4 Bed House46, Parkway, Romford, RM2 5PA46, Parkway, Romford, RM2 5PA
- Sold Nov 2018£755,000 | 4 Bed House52, Parkway, Romford, RM2 5PA52, Parkway, Romford, RM2 5PA
Nearby Postcodes
RM2 5PA is the 46th largest and the 251st most expensive postcode out of the 261 postcodes in the RM2 area.
- RM2 5PB, Reed Pond Walk, Romford, RM2RM2 5PB14 Addresses|129 m away
- RM2 5NU, Meadway, Romford, RM2RM2 5NU34 Addresses|158 m away
- RM2 5PJ, Reed Pond Walk, Romford, RM2RM2 5PJ6 Addresses|165 m away
- RM2 5PH, Reed Pond Walk, Romford, RM2RM2 5PH8 Addresses|190 m away
- RM2 5NT, Parkway, Romford, RM2RM2 5NT34 Addresses|203 m away
Property Types
- 6 period houses built between 1800 and 1911
- 1 mid-century house built between 1936 and 1979
- 3 other addresses of unknown type
- period house (6)
- mid-century house (1)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is E.
- A (0)
- E (4)
- B (0)
- F (1)
- C (0)
- G (0)
- D (2)
- No EPC (3)
Top 3 Most Expensive Sales
Schools Nearby
- Gidea Park Primary School800 m away
- St Edward's Church of England Voluntary Aided Primary School1.1 km away
- St Peter's Catholic Primary School1.1 km away
- Marshalls Park Academy500 m away
- The Royal Liberty School1.4 km away
- Bower Park Academy1.8 km away
More reading links
Public Transport Nearby
The closest station to RM2 5PA is Gidea Park station, which is 1.4 kilometres away.
- Gidea Park|1.4 km away
- Romford|1.8 km away
