Heath Drive - RM2 5QB
Key Postcode Insights
RM2 5QB is a residential postcode situated on Heath Drive, Romford, RM2 with 10 addresses.
It ranks as the 47th largest of the 261 postcodes in the RM2 area.
The postcode contains a total of 10 properties: 5 houses and 5 other properties.
- Ave. Sale Price
- £995,513
- 10 Year change
- up 24.3%
- Ave. Rental Price
- £3,683pcm
- 10 Year change
- up 51.3%
- Ave. £ per ft²
- £653/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Key Postcode Insights
RM2 5QB is a residential postcode situated on Heath Drive, Romford, RM2 with 10 addresses.
It ranks as the 47th largest of the 261 postcodes in the RM2 area.
The postcode contains a total of 10 properties: 5 houses and 5 other properties.
- Ave. Sale Price
- £995,513
- 10 Year change
- up 24.3%
- Ave. Rental Price
- £3,683pcm
- 10 Year change
- up 51.3%
- Ave. £ per ft²
- £653/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Explore Properties in RM2 5QB
- 3 Heath Drive
3 Bed Period House
- 5 Heath Drive
4 Bed Period House
- 7 Heath Drive
House
Sales Market Trends
The last sale in RM2 5QB sold for £1,225,000 on 31st March 2025. Since then prices are up an average of 0.7%.
The current average value in the postcode is £995,513.
The RM2 5QB Sales Market has increased by 24.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.5% | £995,513 |
| June 2025 | 2.2% | £1,000,526 |
| June 2024 | 1.1% | £979,204 |
| June 2023 | -1.8% | £968,341 |
| June 2022 | 8% | £985,962 |
| June 2021 | 4.8% | £912,930 |
| June 2020 | 1.4% | £870,957 |
| June 2019 | -0.3% | £858,592 |
| June 2018 | 2% | £861,147 |
| June 2017 | 5.5% | £844,646 |
| June 2016 | 14.4% | £800,859 |
| June 2015 | 9.1% | £700,100 |
| June 2014 | 9.6% | £641,627 |
| June 2013 | 4% | £585,207 |
| June 2012 | -2.1% | £562,869 |
| June 2011 | 3.8% | £575,170 |
| June 2010 | 13% | £554,116 |
| June 2009 | -8.1% | £490,497 |
| June 2008 | 0.3% | £533,927 |
| June 2007 | 0% | £532,487 |
Rental Market Trends
The current average rental value in the postcode is £3,683.
The RM2 5QB Rental Market has increased by 51.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.5% | £3,683pcm |
| June 2025 | 3% | £3,631pcm |
| June 2024 | 8.9% | £3,525pcm |
| June 2023 | 12.6% | £3,235pcm |
| June 2022 | 7.6% | £2,874pcm |
| June 2021 | 4.2% | £2,671pcm |
| June 2020 | 3.6% | £2,563pcm |
| June 2019 | 0.5% | £2,474pcm |
| June 2018 | 0.7% | £2,461pcm |
| June 2017 | 0.3% | £2,443pcm |
| June 2016 | 4.5% | £2,435pcm |
| June 2015 | 6.6% | £2,331pcm |
| June 2014 | 5.1% | £2,187pcm |
| June 2013 | 2.6% | £2,081pcm |
| June 2012 | 2.8% | £2,029pcm |
| June 2011 | 6.2% | £1,974pcm |
| June 2010 | 8.8% | £1,859pcm |
| June 2009 | 0.3% | £1,708pcm |
| June 2008 | 5.1% | £1,704pcm |
| June 2007 | 0% | £1,622pcm |
Sales History
The last recorded sale was on 31st March 2025 for £1,225,000 and since then the market in the area has increased by 0.7%.
RM2 5QB has had 3 sales since 1995, with 2 in the last three years and none in the last twelve months.
- Sold Mar 2025£1,225,000 | 4 Bed House8, Heath Drive, Romford, RM2 5QB8, Heath Drive, Romford, RM2 5QB
- Sold Jan 2025£610,000 | 3 Bed House3, Heath Drive, Romford, RM2 5QB3, Heath Drive, Romford, RM2 5QB
- Sold Nov 2012£1,300,000 | 5 Bed House12, Heath Drive, Romford, RM2 5QB12, Heath Drive, Romford, RM2 5QB
Nearby Postcodes
RM2 5QB is the 47th largest and the 199th most expensive postcode out of the 261 postcodes in the RM2 area.
- RM2 5DQ, Emmatis Close, Romford, RM2RM2 5DQ2 Addresses|51 m away
- RM2 5EL, Main Road, Romford, RM2RM2 5EL23 Addresses|81 m away
- RM2 5QD, Heath Close, Romford, RM2RM2 5QD5 Addresses|111 m away
- RM2 5HA, Main Road, Romford, RM2RM2 5HA25 Addresses|124 m away
- RM2 5EA, Main Road, Romford, RM2RM2 5EA17 Addresses|124 m away
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 5 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (1)
- C (1)
- G (0)
- D (2)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Nov 2012£1,300,000 | 5 Bed House12, Heath Drive, Romford, RM2 5QB12, Heath Drive, Romford, RM2 5QB
- Sold Oct 2021£1,300,000 | 5 Bed House26, Heath Drive, Romford, RM2 5QJ26, Heath Drive, Romford, RM2 5QJ
- Sold May 2023£1,225,000 | 5 Bed House20, Heath Drive, Romford, RM2 5QH20, Heath Drive, Romford, RM2 5QH
Schools Nearby
- Gidea Park Primary School500 m away
- Squirrels Heath Primary School1.2 km away
- St Edward's Church of England Voluntary Aided Primary School1.4 km away
- The Royal Liberty School800 m away
- Marshalls Park Academy1.1 km away
- The Frances Bardsley Academy for Girls1.6 km away
More reading links
Public Transport Nearby
The closest station to RM2 5QB is Gidea Park station, which is 800 metres away.
- Gidea Park|800 m away
- Romford|1.8 km away