Netherpark Drive - RM2 5RL
Key Postcode Insights
RM2 5RL is a residential postcode situated on Netherpark Drive, Romford, RM2 with 21 addresses.
It ranks as the 123rd largest of the 261 postcodes in the RM2 area.
The postcode contains a total of 21 properties: 9 houses and 12 other properties.
- Ave. Sale Price
- £721,721
- 10 Year change
- up 24.3%
- Ave. Rental Price
- £2,704pcm
- 10 Year change
- up 52.7%
- Ave. £ per ft²
- £467/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Key Postcode Insights
RM2 5RL is a residential postcode situated on Netherpark Drive, Romford, RM2 with 21 addresses.
It ranks as the 123rd largest of the 261 postcodes in the RM2 area.
The postcode contains a total of 21 properties: 9 houses and 12 other properties.
- Ave. Sale Price
- £721,721
- 10 Year change
- up 24.3%
- Ave. Rental Price
- £2,704pcm
- 10 Year change
- up 52.7%
- Ave. £ per ft²
- £467/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Explore Properties in RM2 5RL
- 2A Netherpark Drive
4 Bed Modern House
- 2 Netherpark Drive
4 Bed Modern House
- 4 Netherpark Drive
4 Bed Early-century House
- 6 Netherpark Drive
4 Bed Early-century House
- 8 Netherpark Drive
4 Bed Early-century House
Sales Market Trends
The last sale in RM2 5RL sold for £600,000 on 5th February 2021. Since then prices are up an average of 12.6%.
The current average value in the postcode is £721,721.
The RM2 5RL Sales Market has increased by 24.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.3% | £721,721 |
| June 2025 | 2.6% | £723,752 |
| June 2024 | 0.4% | £705,383 |
| June 2023 | -1.3% | £702,458 |
| June 2022 | 9.1% | £711,356 |
| June 2021 | 4.6% | £651,817 |
| June 2020 | 1.5% | £622,918 |
| June 2019 | -0.5% | £613,621 |
| June 2018 | 1% | £616,547 |
| June 2017 | 5.1% | £610,225 |
| June 2016 | 16.6% | £580,839 |
| June 2015 | 11% | £497,936 |
| June 2014 | 10.9% | £448,393 |
| June 2013 | 3.7% | £404,344 |
| June 2012 | -1% | £390,048 |
| June 2011 | 2% | £393,911 |
| June 2010 | 11.4% | £386,191 |
| June 2009 | -10% | £346,581 |
| June 2008 | 0.3% | £384,963 |
| June 2007 | 0% | £383,695 |
Rental Market Trends
The current average rental value in the postcode is £2,704.
The RM2 5RL Rental Market has increased by 52.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2% | £2,704pcm |
| June 2025 | 3% | £2,651pcm |
| June 2024 | 9.1% | £2,574pcm |
| June 2023 | 13.9% | £2,359pcm |
| June 2022 | 7.7% | £2,071pcm |
| June 2021 | 4.1% | £1,923pcm |
| June 2020 | 3% | £1,847pcm |
| June 2019 | 1% | £1,792pcm |
| June 2018 | -0.3% | £1,775pcm |
| June 2017 | 0.6% | £1,781pcm |
| June 2016 | 5.8% | £1,771pcm |
| June 2015 | 7.8% | £1,675pcm |
| June 2014 | 5.2% | £1,553pcm |
| June 2013 | 3.7% | £1,476pcm |
| June 2012 | 2.5% | £1,424pcm |
| June 2011 | 6% | £1,389pcm |
| June 2010 | 8.1% | £1,311pcm |
| June 2009 | -2% | £1,212pcm |
| June 2008 | 6.8% | £1,237pcm |
| June 2007 | 0% | £1,158pcm |
Sales History
The last recorded sale was on 5th February 2021 for £600,000 and since then the market in the area has increased by 12.6%.
RM2 5RL has had 3 sales since 1995, none of them in the last three years.
- Sold Feb 2021£600,000 | 4 Bed House8, Netherpark Drive, Romford, RM2 5RL8, Netherpark Drive, Romford, RM2 5RL
- Sold Dec 2017£645,000 | 4 Bed House4, Netherpark Drive, Romford, RM2 5RL4, Netherpark Drive, Romford, RM2 5RL
- Sold Aug 2017£565,000 | 3 Bed House10, Netherpark Drive, Romford, RM2 5RL10, Netherpark Drive, Romford, RM2 5RL
Nearby Postcodes
RM2 5RL is the 123rd largest and the 194th most expensive postcode out of the 261 postcodes in the RM2 area.
- RM2 5RJ, Netherpark Drive, Romford, RM2RM2 5RJ28 Addresses|37 m away
- RM2 5RH, Roslyn Gardens, Romford, RM2RM2 5RH18 Addresses|79 m away
- RM2 5RD, Roslyn Gardens, Romford, RM2RM2 5RD36 Addresses|123 m away
- RM2 5RP, Millbrook Gardens, Gidea Park, Romford, RM2RM2 5RP40 Addresses|171 m away
- RM2 5RB, Park Boulevard, Romford, RM2RM2 5RB17 Addresses|194 m away
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 8 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (0)
- F (1)
- C (3)
- G (0)
- D (2)
- No EPC (13)
Top 3 Most Expensive Sales
- Sold Mar 2021£910,000 | 5 Bed House5, Netherpark Drive, Romford, RM2 5RJ5, Netherpark Drive, Romford, RM2 5RJ
- Sold Sep 2025£805,000 | 3 Bed House23, Netherpark Drive, Romford, RM2 5RJ23, Netherpark Drive, Romford, RM2 5RJ
- Sold Jan 2024£722,500 | 4 Bed House11, Netherpark Drive, Romford, RM2 5RJ11, Netherpark Drive, Romford, RM2 5RJ
Schools Nearby
- Rise Park Junior School800 m away
- Rise Park Infant School800 m away
- St Peter's Catholic Primary School1.0 km away
- Marshalls Park Academy300 m away
- Bower Park Academy1.5 km away
- The Royal Liberty School1.7 km away
More reading links
Public Transport Nearby
The closest station to RM2 5RL is Gidea Park station, which is 1.7 kilometres away.
- Gidea Park|1.7 km away
- Romford|1.9 km away