Reed Pond Walk - RM2 5PJ
Key Postcode Insights
RM2 5PJ is a residential postcode situated on Reed Pond Walk, Romford, RM2 with 6 addresses.
It ranks as the 22nd largest and 167th 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 6 properties: 6 houses.
- Ave. Sale Price
- £663,586
- 10 Year change
- up 24.4%
- Ave. Rental Price
- £2,641pcm
- 10 Year change
- up 51.4%
- Ave. £ per ft²
- £458/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Key Postcode Insights
RM2 5PJ is a residential postcode situated on Reed Pond Walk, Romford, RM2 with 6 addresses.
It ranks as the 22nd largest and 167th 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 6 properties: 6 houses.
- Ave. Sale Price
- £663,586
- 10 Year change
- up 24.4%
- Ave. Rental Price
- £2,641pcm
- 10 Year change
- up 51.4%
- Ave. £ per ft²
- £458/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Explore Propertiesin RM2 5PJ
- 3 Reed Pond Walk
4 Bed Period House
- 5 Reed Pond Walk
Unknown
- 7 Reed Pond Walk
4 Bed Period House
- 9 Reed Pond Walk
Unknown
- 11 Reed Pond Walk
Unknown
Sales Market Trends
The last sale in RM2 5PJ sold for £720,000 on 15th May 2024. Since then prices are up an average of 1.8%.
The current average value in the postcode is £663,586.
The RM2 5PJ Sales Market has increased by 24.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.4% | £663,586 |
| June 2025 | 2.3% | £666,407 |
| June 2024 | 1.1% | £651,670 |
| June 2023 | -1.8% | £644,683 |
| June 2022 | 8.2% | £656,244 |
| June 2021 | 4.8% | £606,671 |
| June 2020 | 1.4% | £579,112 |
| June 2019 | -0.3% | £571,270 |
| June 2018 | 1.8% | £573,219 |
| June 2017 | 5.5% | £562,859 |
| June 2016 | 14.7% | £533,383 |
| June 2015 | 9.3% | £464,985 |
| June 2014 | 9.7% | £425,335 |
| June 2013 | 4% | £387,567 |
| June 2012 | -2% | £372,800 |
| June 2011 | 3.7% | £380,589 |
| June 2010 | 12.8% | £366,996 |
| June 2009 | -8.5% | £325,439 |
| June 2008 | 0.5% | £355,738 |
| June 2007 | 0% | £353,912 |
Rental Market Trends
The current average rental value in the postcode is £2,641.
The RM2 5PJ Rental Market has increased by 51.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.5% | £2,641pcm |
| June 2025 | 3.1% | £2,601pcm |
| June 2024 | 8.9% | £2,523pcm |
| June 2023 | 12.6% | £2,317pcm |
| June 2022 | 7.8% | £2,058pcm |
| June 2021 | 4.1% | £1,909pcm |
| June 2020 | 3.5% | £1,833pcm |
| June 2019 | 0.5% | £1,771pcm |
| June 2018 | 0.6% | £1,762pcm |
| June 2017 | 0.4% | £1,751pcm |
| June 2016 | 4.8% | £1,744pcm |
| June 2015 | 6.8% | £1,665pcm |
| June 2014 | 5.2% | £1,559pcm |
| June 2013 | 2.6% | £1,482pcm |
| June 2012 | 2.9% | £1,446pcm |
| June 2011 | 6.1% | £1,405pcm |
| June 2010 | 8.6% | £1,324pcm |
| June 2009 | -0.2% | £1,219pcm |
| June 2008 | 5.3% | £1,221pcm |
| June 2007 | 0% | £1,159pcm |
Sales History
The last sale was on 15th May 2024 for £720,000 and since then the market in the area has increased by 1.8%. The postcode has had a total of 9 sales since 1995.
RM2 5PJ has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold May 2024£720,000 | 4 Bed House7, Reed Pond Walk, Romford, RM2 5PJ7, Reed Pond Walk, Romford, RM2 5PJ
- Sold Mar 2006£400,000 | 4 Bed House9, Reed Pond Walk, Romford, RM2 5PJ9, Reed Pond Walk, Romford, RM2 5PJ
- Sold Apr 2003£625,000 | 4 Bed House3, Reed Pond Walk, Romford, RM2 5PJ3, Reed Pond Walk, Romford, RM2 5PJ
- Sold Jun 2002£475,000 | 3 Bed House5, Reed Pond Walk, Romford, RM2 5PJ5, Reed Pond Walk, Romford, RM2 5PJ
- Sold Apr 2000£410,000 | 4 Bed House3, Reed Pond Walk, Romford, RM2 5PJ3, Reed Pond Walk, Romford, RM2 5PJ
Nearby Postcodes
RM2 5PJ is the 22nd largest and the 167th most expensive postcode out of the 261 postcodes in the RM2 area.
- RM2 5PP, Heaton Grange Road, Romford, RM2RM2 5PP6 Addresses|83 m away
- RM2 5PL, Parkway, Romford, RM2RM2 5PL18 Addresses|91 m away
- RM2 5PH, Reed Pond Walk, Romford, RM2RM2 5PH8 Addresses|108 m away
- RM2 5PA, Parkway, Romford, RM2RM2 5PA10 Addresses|165 m away
- RM2 5PR, Risebridge Road, Romford, RM2RM2 5PR34 Addresses|169 m away
Property Types
- 2 period houses built between 1800 and 1911
- 4 other addresses of unknown type
- period house (2)
- Unknown (4)
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 Jul 2022£1,250,000 | 4 Bed House26, Reed Pond Walk, Romford, RM2 5PB26, Reed Pond Walk, Romford, RM2 5PB
- Sold Sep 2021£1,200,000 | 5 Bed House10, Reed Pond Walk, Romford, RM2 5PB10, Reed Pond Walk, Romford, RM2 5PB
- Sold Apr 2020£1,090,000 | 5 Bed House8, Reed Pond Walk, Romford, RM2 5PB8, Reed Pond Walk, Romford, RM2 5PB
Schools Nearby
- Gidea Park Primary School900 m away
- Rise Park Junior School1.0 km away
- Rise Park Infant School1.0 km away
- Marshalls Park Academy500 m away
- The Royal Liberty School1.5 km away
- Bower Park Academy1.6 km away
More reading links
Public Transport Nearby
The closest station to RM2 5PJ is Gidea Park station, which is 1.5 kilometres away.
- Gidea Park|1.5 km away
- Romford|2.0 km away
