RM5 2BT is a residential postcode situated on Collier Row Road, Romford, RM5 with 3 addresses.
It ranks as the 17th largest and 61st most expensive of the 369 postcodes in the RM5 area. The dominant property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 3 properties: 2 houses and 1 flat.
RM5 2BT is a residential postcode situated on Collier Row Road, Romford, RM5 with 3 addresses.
It ranks as the 17th largest and 61st most expensive of the 369 postcodes in the RM5 area. The dominant property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 3 properties: 2 houses and 1 flat.
Sale prices range from £285,650 for 2 bedroom freehold houses with a garden (559 ft2) to £496,974 for 4 bedroom freehold houses with a garden (1,539 ft2) .
Monthly rental prices range from £1,556 pcm for 2 bed houses to £2,243 pcm for 4 bed houses.
The gross rental yield is between 5.4% and 6.5%.
The average value per square foot is £323.
The last sale in RM5 2BT sold for £450,000 on 19th June 2024. Since then prices are up an average of 2.4%.
The current average value in the postcode is £369,219.
The RM5 2BT Sales Market has increased by 26.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1% | £369,219 |
| April 2025 | 2.2% | £365,736 |
| April 2024 | -1.9% | £357,785 |
| April 2023 | 1.7% | £364,626 |
| April 2022 | 10.1% | £358,578 |
| April 2021 | 4.4% | £325,826 |
| April 2020 | 2.2% | £312,040 |
| April 2019 | 0.1% | £305,371 |
| April 2018 | -0.8% | £305,018 |
| April 2017 | 5.1% | £307,441 |
| April 2016 | 18.5% | £292,440 |
| April 2015 | 13.3% | £246,857 |
| April 2014 | 12% | £217,914 |
| April 2013 | 3.8% | £194,545 |
| April 2012 | 3.3% | £187,340 |
| April 2011 | -0.7% | £181,433 |
| April 2010 | 6% | £182,797 |
| April 2009 | -14.9% | £172,435 |
| April 2008 | 2.8% | £202,577 |
| April 2007 | 0% | £197,112 |
The current average rental value in the postcode is £1,842.
The RM5 2BT Rental Market has increased by 43.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.6% | £1,842pcm |
| April 2025 | 3.9% | £1,795pcm |
| April 2024 | 10.2% | £1,727pcm |
| April 2023 | 14% | £1,567pcm |
| April 2022 | 4.4% | £1,374pcm |
| April 2021 | 1.7% | £1,317pcm |
| April 2020 | 3% | £1,295pcm |
| April 2019 | 0.4% | £1,257pcm |
| April 2018 | -1.1% | £1,252pcm |
| April 2017 | -1.4% | £1,266pcm |
| April 2016 | 6.1% | £1,284pcm |
| April 2015 | 9.4% | £1,210pcm |
| April 2014 | 5% | £1,106pcm |
| April 2013 | 6% | £1,054pcm |
| April 2012 | 6.5% | £994pcm |
| April 2011 | 4.4% | £934pcm |
| April 2010 | 3.6% | £895pcm |
| April 2009 | -3.9% | £864pcm |
| April 2008 | 7% | £898pcm |
| April 2007 | 0% | £840pcm |
The last sale was on 19th June 2024 for £450,000 and since then the market in the area has increased by 2.4%. The postcode has had a total of 4 sales since 1995.
RM5 2BT has seen 2 sales in the last three years and no sales in the last twelve months.
RM5 2BT is the 17th largest and the 61st most expensive postcode out of the 369 postcodes in the RM5 area.
Be the first Estate
Agent here!
The closest station to RM5 2BT is Chadwell Heath station which is 3.3 kilometres away.
Be the first Estate
Agent here!