Heath Drive - RM2 5QP
Key Postcode Insights
RM2 5QP is a residential postcode situated on Heath Drive, Romford, RM2 with 6 addresses.
It ranks as the 24th largest and 245th 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
- £1,014,724
- 10 Year change
- up 24.2%
- Ave. Rental Price
- £3,414pcm
- 10 Year change
- up 51.1%
- Ave. £ per ft²
- £543/ft²
- Ave. Gross Yield
- 4.0%/year/yr
Key Postcode Insights
RM2 5QP is a residential postcode situated on Heath Drive, Romford, RM2 with 6 addresses.
It ranks as the 24th largest and 245th 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
- £1,014,724
- 10 Year change
- up 24.2%
- Ave. Rental Price
- £3,414pcm
- 10 Year change
- up 51.1%
- Ave. £ per ft²
- £543/ft²
- Ave. Gross Yield
- 4.0%/year/yr
Explore Propertiesin RM2 5QP
- 50 Heath Drive
Unknown
- 51 Heath Drive
Unknown
- 52 Heath Drive
Unknown
- 53 Heath Drive
4 Bed Period House
- 54 Heath Drive
Unknown
Sales Market Trends
The last sale in RM2 5QP sold for £930,000 on 16th October 2020. Since then prices are up an average of 13.0%.
The current average value in the postcode is £1,014,724.
The RM2 5QP Sales Market has increased by 24.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.6% | £1,014,724 |
| June 2025 | 2% | £1,020,862 |
| June 2024 | 1.2% | £1,000,565 |
| June 2023 | -1.8% | £988,805 |
| June 2022 | 7.7% | £1,007,333 |
| June 2021 | 4.9% | £935,280 |
| June 2020 | 1.6% | £891,302 |
| June 2019 | -0.2% | £877,616 |
| June 2018 | 2.1% | £879,617 |
| June 2017 | 5.4% | £861,112 |
| June 2016 | 13.9% | £817,246 |
| June 2015 | 8.8% | £717,748 |
| June 2014 | 9.5% | £659,807 |
| June 2013 | 4% | £602,581 |
| June 2012 | -2.3% | £579,523 |
| June 2011 | 3.9% | £593,016 |
| June 2010 | 13.3% | £570,586 |
| June 2009 | -7.5% | £503,729 |
| June 2008 | -0.2% | £544,542 |
| June 2007 | 0% | £545,471 |
Rental Market Trends
The current average rental value in the postcode is £3,414.
The RM2 5QP Rental Market has increased by 51.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.4% | £3,414pcm |
| June 2025 | 2.9% | £3,368pcm |
| June 2024 | 9% | £3,275pcm |
| June 2023 | 12.5% | £3,004pcm |
| June 2022 | 7.3% | £2,670pcm |
| June 2021 | 4.3% | £2,488pcm |
| June 2020 | 3.7% | £2,385pcm |
| June 2019 | 0.6% | £2,300pcm |
| June 2018 | 0.9% | £2,286pcm |
| June 2017 | 0.2% | £2,265pcm |
| June 2016 | 4% | £2,259pcm |
| June 2015 | 6.2% | £2,173pcm |
| June 2014 | 5% | £2,045pcm |
| June 2013 | 2.6% | £1,949pcm |
| June 2012 | 2.7% | £1,900pcm |
| June 2011 | 6.3% | £1,851pcm |
| June 2010 | 9.1% | £1,741pcm |
| June 2009 | 1% | £1,595pcm |
| June 2008 | 4.6% | £1,580pcm |
| June 2007 | 0% | £1,511pcm |
Sales History
The last sale was on 16th October 2020 for £930,000 and since then the market in the area has increased by 13.0%. The postcode has had a total of 6 sales since 1995.
RM2 5QP has seen no sales in the last three years and no sales in the last twelve months.
- Sold Oct 2020£930,000 | 4 Bed House53, Heath Drive, Romford, RM2 5QP53, Heath Drive, Romford, RM2 5QP
- Sold Jul 2018£925,000 | 5 Bed House55, Heath Drive, Romford, RM2 5QP55, Heath Drive, Romford, RM2 5QP
- Sold Dec 2002£388,000 | 4 Bed House50, Heath Drive, Romford, RM2 5QP50, Heath Drive, Romford, RM2 5QP
- Sold Jan 2000£338,000 | 5 Bed House55, Heath Drive, Romford, RM2 5QP55, Heath Drive, Romford, RM2 5QP
- Sold Jul 1999£280,000 | 4 Bed House53, Heath Drive, Romford, RM2 5QP53, Heath Drive, Romford, RM2 5QP
Nearby Postcodes
RM2 5QP is the 24th largest and the 245th most expensive postcode out of the 261 postcodes in the RM2 area.
- RM2 5PD, Reed Pond Walk, Romford, RM2RM2 5PD11 Addresses|102 m away
- RM2 5QR, Heath Drive, Romford, RM2RM2 5QR7 Addresses|104 m away
- RM2 5QL, Heath Drive, Romford, RM2RM2 5QL7 Addresses|119 m away
- RM2 5PR, Risebridge Road, Romford, RM2RM2 5PR34 Addresses|154 m away
- RM2 5PH, Reed Pond Walk, Romford, RM2RM2 5PH8 Addresses|195 m away
Property Types
- 1 period house built between 1800 and 1911
- 1 mid-century house built between 1936 and 1979
- 4 other addresses of unknown type
- period house (1)
- mid-century house (1)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is E.
- A (0)
- E (2)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (4)
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 School1.0 km away
- Rise Park Junior School1.2 km away
- Rise Park Infant School1.2 km away
- Marshalls Park Academy800 m away
- The Royal Liberty School1.3 km away
- Bower Park Academy1.7 km away
More reading links
Public Transport Nearby
The closest station to RM2 5QP is Gidea Park station, which is 1.4 kilometres away.
- Gidea Park|1.4 km away
- Romford|2.2 km away
