Heath Drive - RM2 5QL
Key Postcode Insights
RM2 5QL is a residential postcode situated on Heath Drive, Romford, RM2 with 7 addresses.
It ranks as the 31st largest and 246th 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 7 properties: 7 houses.
- Ave. Sale Price
- £1,112,418
- 10 Year change
- up 24.2%
- Ave. Rental Price
- £3,822pcm
- 10 Year change
- up 51.1%
- Ave. £ per ft²
- £635/ft²
- Ave. Gross Yield
- 4.1%/year/yr
Key Postcode Insights
RM2 5QL is a residential postcode situated on Heath Drive, Romford, RM2 with 7 addresses.
It ranks as the 31st largest and 246th 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 7 properties: 7 houses.
- Ave. Sale Price
- £1,112,418
- 10 Year change
- up 24.2%
- Ave. Rental Price
- £3,822pcm
- 10 Year change
- up 51.1%
- Ave. £ per ft²
- £635/ft²
- Ave. Gross Yield
- 4.1%/year/yr
Explore Propertiesin RM2 5QL
- 43 Heath Drive
4 Bed Period House
- 44 Heath Drive
4 Bed Period House
- 45 Heath Drive
5 Bed Period House
- 46 Heath Drive
Unknown
- 47 Heath Drive
5 Bed Period House
Sales Market Trends
The last sale in RM2 5QL sold for £1,055,000 on 12th July 2019. Since then prices are up an average of 17.6%.
The current average value in the postcode is £1,112,418.
The RM2 5QL Sales Market has increased by 24.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.6% | £1,112,418 |
| June 2025 | 2% | £1,119,147 |
| June 2024 | 1.2% | £1,096,895 |
| June 2023 | -1.8% | £1,084,003 |
| June 2022 | 7.7% | £1,104,315 |
| June 2021 | 4.9% | £1,025,325 |
| June 2020 | 1.6% | £977,113 |
| June 2019 | -0.2% | £962,109 |
| June 2018 | 2.1% | £964,303 |
| June 2017 | 5.4% | £944,017 |
| June 2016 | 13.9% | £895,927 |
| June 2015 | 8.8% | £786,850 |
| June 2014 | 9.5% | £723,330 |
| June 2013 | 4% | £660,595 |
| June 2012 | -2.3% | £635,318 |
| June 2011 | 3.9% | £650,109 |
| June 2010 | 13.3% | £625,520 |
| June 2009 | -7.5% | £552,226 |
| June 2008 | -0.2% | £596,968 |
| June 2007 | 0% | £597,987 |
Rental Market Trends
The current average rental value in the postcode is £3,822.
The RM2 5QL Rental Market has increased by 51.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.4% | £3,822pcm |
| June 2025 | 2.9% | £3,771pcm |
| June 2024 | 9% | £3,667pcm |
| June 2023 | 12.5% | £3,363pcm |
| June 2022 | 7.3% | £2,990pcm |
| June 2021 | 4.3% | £2,785pcm |
| June 2020 | 3.7% | £2,670pcm |
| June 2019 | 0.6% | £2,575pcm |
| June 2018 | 0.9% | £2,559pcm |
| June 2017 | 0.2% | £2,535pcm |
| June 2016 | 4% | £2,529pcm |
| June 2015 | 6.2% | £2,432pcm |
| June 2014 | 5% | £2,290pcm |
| June 2013 | 2.6% | £2,182pcm |
| June 2012 | 2.7% | £2,127pcm |
| June 2011 | 6.3% | £2,072pcm |
| June 2010 | 9.1% | £1,949pcm |
| June 2009 | 1% | £1,786pcm |
| June 2008 | 4.6% | £1,769pcm |
| June 2007 | 0% | £1,691pcm |
Sales History
The last sale was on 12th July 2019 for £1,055,000 and since then the market in the area has increased by 17.6%. The postcode has had a total of 7 sales since 1995.
RM2 5QL has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jul 2019£1,055,000 | 5 Bed House47, Heath Drive, Romford, RM2 5QL47, Heath Drive, Romford, RM2 5QL
- Sold Dec 2017£965,000 | 5 Bed House45, Heath Drive, Romford, RM2 5QL45, Heath Drive, Romford, RM2 5QL
- Sold Apr 2014£691,000 | 4 Bed House49, Heath Drive, Romford, RM2 5QL49, Heath Drive, Romford, RM2 5QL
- Sold Aug 2013£550,000 | 4 Bed House43, Heath Drive, Romford, RM2 5QL43, Heath Drive, Romford, RM2 5QL
- Sold Nov 2007£880,000 | 5 Bed House47, Heath Drive, Romford, RM2 5QL47, Heath Drive, Romford, RM2 5QL
Nearby Postcodes
RM2 5QL is the 31st largest and the 246th most expensive postcode out of the 261 postcodes in the RM2 area.
- RM2 5PD, Reed Pond Walk, Romford, RM2RM2 5PD11 Addresses|93 m away
- RM2 5QP, Heath Drive, Romford, RM2RM2 5QP6 Addresses|119 m away
- RM2 5QJ, Heath Drive, Romford, RM2RM2 5QJ10 Addresses|143 m away
- RM2 5NU, Meadway, Romford, RM2RM2 5NU34 Addresses|148 m away
- RM2 5PB, Reed Pond Walk, Romford, RM2RM2 5PB14 Addresses|152 m away
Property Types
- 5 period houses built between 1800 and 1911
- 2 other addresses of unknown type
- period house (5)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is E.
- A (0)
- E (3)
- B (0)
- F (1)
- C (0)
- G (1)
- D (0)
- No EPC (2)
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 School900 m away
- Rise Park Junior School1.3 km away
- Rise Park Infant School1.3 km away
- Marshalls Park Academy800 m away
- The Royal Liberty School1.2 km away
- Bower Park Academy1.8 km away
More reading links
Public Transport Nearby
The closest station to RM2 5QL is Gidea Park station, which is 1.3 kilometres away.
- Gidea Park|1.3 km away
- Romford|2.1 km away