RM5 2BJ is a residential postcode situated on Collier Row Road, Romford, RM5 with 2 addresses.
It ranks as the 5th largest and 279th most expensive of the 369 postcodes in the RM5 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 2 properties: 2 houses.
RM5 2BJ is a residential postcode situated on Collier Row Road, Romford, RM5 with 2 addresses.
It ranks as the 5th largest and 279th most expensive of the 369 postcodes in the RM5 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 2 properties: 2 houses.
Sale prices range from £472,054 for 3 bedroom freehold houses with a garden (1,011 ft2) to £472,054 for 3 bedroom freehold houses with a garden (1,011 ft2) .
Monthly rental prices range from £2,183 pcm for 3 bed houses to £2,183 pcm for 3 bed houses.
The gross rental yield is between 5.5% and 5.5%.
The average value per square foot is £466.
The current average value in the postcode is £472,054.
The RM5 2BJ Sales Market has increased by 32.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.2% | £472,054 |
| April 2025 | 2.9% | £466,482 |
| April 2024 | -2.2% | £453,465 |
| April 2023 | 2.5% | £463,433 |
| April 2022 | 11.5% | £452,298 |
| April 2021 | 5.3% | £405,605 |
| April 2020 | 2.7% | £385,352 |
| April 2019 | 0.9% | £375,401 |
| April 2018 | -1% | £371,895 |
| April 2017 | 5.7% | £375,712 |
| April 2016 | 19.6% | £355,490 |
| April 2015 | 13.8% | £297,295 |
| April 2014 | 12.9% | £261,180 |
| April 2013 | 4.1% | £231,343 |
| April 2012 | 3.9% | £222,309 |
| April 2011 | -0.4% | £213,884 |
| April 2010 | 5.3% | £214,828 |
| April 2009 | -14.3% | £204,085 |
| April 2008 | 3.3% | £238,171 |
| April 2007 | 0% | £230,573 |
The current average rental value in the postcode is £2,183.
The RM5 2BJ Rental Market has increased by 49.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.8% | £2,183pcm |
| April 2025 | 4.5% | £2,124pcm |
| April 2024 | 9.9% | £2,032pcm |
| April 2023 | 14.7% | £1,848pcm |
| April 2022 | 5.1% | £1,611pcm |
| April 2021 | 2.4% | £1,532pcm |
| April 2020 | 3.3% | £1,497pcm |
| April 2019 | 0.6% | £1,449pcm |
| April 2018 | -0.7% | £1,440pcm |
| April 2017 | -0.9% | £1,450pcm |
| April 2016 | 6.8% | £1,463pcm |
| April 2015 | 9.9% | £1,370pcm |
| April 2014 | 5.8% | £1,246pcm |
| April 2013 | 6.5% | £1,178pcm |
| April 2012 | 6.8% | £1,106pcm |
| April 2011 | 4.9% | £1,036pcm |
| April 2010 | 3% | £987pcm |
| April 2009 | -3.4% | £959pcm |
| April 2008 | 7.5% | £993pcm |
| April 2007 | 0% | £923pcm |
RM5 2BJ is the 5th largest and the 279th most expensive postcode out of the 369 postcodes in the RM5 area.
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The closest station to RM5 2BJ is Romford station which is 3.2 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around RM5 2BJ, 34.2% of property is privately owned outright and 29.0% is socially rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around RM5 2BJ, 23.8% of residents are recorded as possessing school level qualifications and 22.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around RM5 2BJ, the average age was 38.3 and the most common age was 37.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around RM5 2BJ, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around RM5 2BJ, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.