RM2 5XE is a residential postcode situated on Heath Park Road, Romford, RM2 with 24 addresses.
It ranks as the 149th largest and 56th most expensive of the 261 postcodes in the RM2 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 24 properties: 24 flats.
RM2 5XE is a residential postcode situated on Heath Park Road, Romford, RM2 with 24 addresses.
It ranks as the 149th largest and 56th most expensive of the 261 postcodes in the RM2 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 24 properties: 24 flats.
Sale prices range from £286,775 for 2 bedroom leasehold flats with a balcony (570 ft2) to £397,201 for 3 bedroom leasehold flats with a balcony (1,033 ft2) .
Monthly rental prices range from £1,443 pcm for 2 bed flats to £1,927 pcm for 3 bed flats.
The gross rental yield is between 5.8% and 6.1%.
The average value per square foot is £453.
The last sale in RM2 5XE sold for £295,000 on 28th November 2025. Since then prices are up an average of 2.2%.
The current average value in the postcode is £323,635.
The RM2 5XE Sales Market has increased by 11.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.1% | £323,635 |
| April 2025 | 0.1% | £320,186 |
| April 2024 | -0.6% | £319,877 |
| April 2023 | -1.2% | £321,768 |
| April 2022 | 5.5% | £325,518 |
| April 2021 | 1% | £308,591 |
| April 2020 | -0.5% | £305,459 |
| April 2019 | -1.5% | £307,085 |
| April 2018 | 0.5% | £311,889 |
| April 2017 | 6.7% | £310,424 |
| April 2016 | 14.1% | £291,011 |
| April 2015 | 9.8% | £255,157 |
| April 2014 | 8.4% | £232,309 |
| April 2013 | 3.4% | £214,384 |
| April 2012 | -1.4% | £207,369 |
| April 2011 | 0.6% | £210,400 |
| April 2010 | 9.3% | £209,168 |
| April 2009 | -14.4% | £191,450 |
| April 2008 | 3.7% | £223,780 |
| April 2007 | 0% | £215,816 |
The current average rental value in the postcode is £1,599.
The RM2 5XE Rental Market has increased by 31.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.7% | £1,599pcm |
| April 2025 | 1.9% | £1,572pcm |
| April 2024 | 8.7% | £1,543pcm |
| April 2023 | 11% | £1,419pcm |
| April 2022 | 4.2% | £1,279pcm |
| April 2021 | 1.4% | £1,226pcm |
| April 2020 | 1.6% | £1,209pcm |
| April 2019 | -1.6% | £1,190pcm |
| April 2018 | -0.6% | £1,210pcm |
| April 2017 | 0.1% | £1,217pcm |
| April 2016 | 5.6% | £1,216pcm |
| April 2015 | 8.4% | £1,151pcm |
| April 2014 | 2.6% | £1,062pcm |
| April 2013 | 3% | £1,036pcm |
| April 2012 | 4.4% | £1,006pcm |
| April 2011 | 2.7% | £963pcm |
| April 2010 | 3.2% | £938pcm |
| April 2009 | -3.3% | £910pcm |
| April 2008 | 5.1% | £941pcm |
| April 2007 | 0% | £895pcm |
The last sale was on 28th November 2025 for £295,000 and since then the market in the area has increased by 2.2%. The postcode has had a total of 63 sales since 1995.
RM2 5XE has seen 2 sales in the last three years and 1 sale in the last twelve months.
RM2 5XE is the 149th largest and the 56th most expensive postcode out of the 261 postcodes in the RM2 area.
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