Scholars Way - RM2 5US
Key Postcode Insights
RM2 5US is a residential postcode situated on Scholars Way, Romford, RM2 with 9 addresses.
It ranks as the 40th largest and 150th most expensive of the 261 postcodes in the RM2 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 9 properties: 8 houses and 1 flat.
- Ave. Sale Price
- £586,559
- 10 Year change
- up 20.6%
- Ave. Rental Price
- £2,409pcm
- 10 Year change
- up 47.3%
- Ave. £ per ft²
- £520/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Key Postcode Insights
RM2 5US is a residential postcode situated on Scholars Way, Romford, RM2 with 9 addresses.
It ranks as the 40th largest and 150th most expensive of the 261 postcodes in the RM2 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 9 properties: 8 houses and 1 flat.
- Ave. Sale Price
- £586,559
- 10 Year change
- up 20.6%
- Ave. Rental Price
- £2,409pcm
- 10 Year change
- up 47.3%
- Ave. £ per ft²
- £520/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Explore Propertiesin RM2 5US
- 1 Scholars Way
3 Bed Modern House
- 2 Scholars Way
4 Bed Modern House
- 4 Scholars Way
Unknown
- 5 Scholars Way
3 Bed Modern House
- 6 Scholars Way
3 Bed Modern House
Sales Market Trends
The last sale in RM2 5US sold for £590,320 on 18th March 2025. Since then prices are up an average of 2.2%.
The current average value in the postcode is £586,559.
The RM2 5US Sales Market has increased by 20.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.9% | £586,559 |
| June 2025 | 2.1% | £581,119 |
| June 2024 | 1.1% | £569,153 |
| June 2023 | -2.3% | £562,707 |
| June 2022 | 7.7% | £575,997 |
| June 2021 | 3.9% | £534,762 |
| June 2020 | 0.7% | £514,871 |
| June 2019 | -1.1% | £511,050 |
| June 2018 | 0.9% | £516,944 |
| June 2017 | 5.3% | £512,466 |
| June 2016 | 16.5% | £486,481 |
| June 2015 | 10.8% | £417,416 |
| June 2014 | 10.6% | £376,624 |
| June 2013 | 3.5% | £340,646 |
| June 2012 | -1.4% | £329,040 |
| June 2011 | 2.1% | £333,622 |
| June 2010 | 9.6% | £326,758 |
| June 2009 | -11.5% | £298,270 |
| June 2008 | 1.1% | £337,044 |
| June 2007 | 0% | £333,418 |
Rental Market Trends
The current average rental value in the postcode is £2,409.
The RM2 5US Rental Market has increased by 47.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £2,409pcm |
| June 2025 | 2.7% | £2,340pcm |
| June 2024 | 9.3% | £2,278pcm |
| June 2023 | 11.7% | £2,085pcm |
| June 2022 | 7.7% | £1,866pcm |
| June 2021 | 3.2% | £1,733pcm |
| June 2020 | 3.2% | £1,680pcm |
| June 2019 | -0.6% | £1,627pcm |
| June 2018 | -0.4% | £1,636pcm |
| June 2017 | 0.4% | £1,643pcm |
| June 2016 | 6.7% | £1,636pcm |
| June 2015 | 8.6% | £1,532pcm |
| June 2014 | 6% | £1,412pcm |
| June 2013 | 2.1% | £1,332pcm |
| June 2012 | 3.8% | £1,304pcm |
| June 2011 | 4.1% | £1,256pcm |
| June 2010 | 5% | £1,206pcm |
| June 2009 | -3.7% | £1,149pcm |
| June 2008 | 5.9% | £1,193pcm |
| June 2007 | 0% | £1,127pcm |
Sales History
The last sale was on 18th March 2025 for £590,320 and since then the market in the area has increased by 2.2%. The postcode has had a total of 19 sales since 1995.
RM2 5US has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Mar 2025£590,320 | 4 Bed House2, Scholars Way, Romford, RM2 5US2, Scholars Way, Romford, RM2 5US
- Sold Feb 2023£463,000 | 3 Bed House5, Scholars Way, Romford, RM2 5US5, Scholars Way, Romford, RM2 5US
- Sold Jan 2021£500,000 | 4 Bed House7, Scholars Way, Romford, RM2 5US7, Scholars Way, Romford, RM2 5US
- Sold Jan 2020£675,000 | 4 Bed House9, Scholars Way, Romford, RM2 5US9, Scholars Way, Romford, RM2 5US
- Sold Aug 2017£430,000 | 3 Bed House6, Scholars Way, Romford, RM2 5US6, Scholars Way, Romford, RM2 5US
Nearby Postcodes
RM2 5US is the 40th largest and the 150th most expensive postcode out of the 261 postcodes in the RM2 area.
- RM2 5UQ, Scholars Way, Romford, RM2RM2 5UQ24 Addresses|48 m away
- RM2 5UN, Academy Fields Road, Romford, RM2RM2 5UN16 Addresses|57 m away
- RM2 5PS, Royle Close, Romford, RM2RM2 5PS36 Addresses|85 m away
- RM2 5SB, Hamilton Road, Romford, RM2RM2 5SB15 Addresses|90 m away
- RM2 5UG, Academy Fields Road, Romford, RM2RM2 5UG14 Addresses|117 m away
Property Types
- 6 modern houses built after 1980
- 3 other addresses of unknown type
- modern house (6)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (6)
- G (0)
- D (0)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Jan 2020£675,000 | 4 Bed House9, Scholars Way, Romford, RM2 5US9, Scholars Way, Romford, RM2 5US
- Sold Mar 2025£590,320 | 4 Bed House2, Scholars Way, Romford, RM2 5US2, Scholars Way, Romford, RM2 5US
- Sold Sep 2016£500,000 | 4 Bed House7, Scholars Way, Romford, RM2 5US7, Scholars Way, Romford, RM2 5US
Schools Nearby
- Squirrels Heath Primary School400 m away
- Hylands Primary School500 m away
- Gidea Park Primary School1.0 km away
- The Frances Bardsley Academy for Girls300 m away
- The Royal Liberty School1.3 km away
- Hornchurch High School1.9 km away
More reading links
Public Transport Nearby
The closest station to RM2 5US is Gidea Park station, which is 700 metres away.
- Gidea Park|700 m away
- Romford|1.1 km away