Oates Road - RM5 2DX
Key Postcode Insights
RM5 2DX is a residential postcode situated on Oates Road, Romford, RM5 with 18 addresses.
It ranks as the 168th largest and 247th most expensive of the 369 postcodes in the RM5 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 18 properties: 18 houses.
- Ave. Sale Price
- £458,205
- 10 Year change
- up 29.2%
- Ave. Rental Price
- £2,736pcm
- 10 Year change
- up 48.5%
- Ave. £ per ft²
- £462/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Key Postcode Insights
RM5 2DX is a residential postcode situated on Oates Road, Romford, RM5 with 18 addresses.
It ranks as the 168th largest and 247th most expensive of the 369 postcodes in the RM5 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 18 properties: 18 houses.
- Ave. Sale Price
- £458,205
- 10 Year change
- up 29.2%
- Ave. Rental Price
- £2,736pcm
- 10 Year change
- up 48.5%
- Ave. £ per ft²
- £462/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Explore Propertiesin RM5 2DX
- 1 Oates Road
4 Bed Mid-century House
- 3 Oates Road
3 Bed Mid-century House
- 5 Oates Road
Unknown
- 7 Oates Road
4 Bed Mid-century House
- 9 Oates Road
4 Bed Mid-century House
Sales Market Trends
The last sale in RM5 2DX sold for £440,000 on 14th May 2025. Since then prices are up an average of 0.1%.
The current average value in the postcode is £458,205.
The RM5 2DX Sales Market has increased by 29.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.1% | £458,205 |
| June 2025 | 2.2% | £458,681 |
| June 2024 | -1% | £448,825 |
| June 2023 | -0.1% | £453,174 |
| June 2022 | 12.2% | £453,734 |
| June 2021 | 6.3% | £404,253 |
| June 2020 | 2.5% | £380,252 |
| June 2019 | 1.5% | £370,926 |
| June 2018 | -0.3% | £365,534 |
| June 2017 | 3.4% | £366,486 |
| June 2016 | 17.8% | £354,513 |
| June 2015 | 12.5% | £301,040 |
| June 2014 | 14.1% | £267,566 |
| June 2013 | 2.4% | £234,417 |
| June 2012 | 3.3% | £228,898 |
| June 2011 | -0.4% | £221,544 |
| June 2010 | 9.8% | £222,380 |
| June 2009 | -11.6% | £202,616 |
| June 2008 | 0.8% | £229,105 |
| June 2007 | 0% | £227,261 |
Rental Market Trends
The current average rental value in the postcode is £2,736.
The RM5 2DX Rental Market has increased by 48.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £2,736pcm |
| June 2025 | 5.3% | £2,673pcm |
| June 2024 | 5.2% | £2,538pcm |
| June 2023 | 15.8% | £2,412pcm |
| June 2022 | 8.3% | £2,083pcm |
| June 2021 | 1.2% | £1,923pcm |
| June 2020 | 2.5% | £1,900pcm |
| June 2019 | 2.5% | £1,853pcm |
| June 2018 | 0.2% | £1,808pcm |
| June 2017 | -2.1% | £1,804pcm |
| June 2016 | 6.8% | £1,843pcm |
| June 2015 | 6.9% | £1,726pcm |
| June 2014 | 9.4% | £1,615pcm |
| June 2013 | 4.6% | £1,476pcm |
| June 2012 | 4.4% | £1,411pcm |
| June 2011 | 7.9% | £1,351pcm |
| June 2010 | 5.4% | £1,252pcm |
| June 2009 | -4% | £1,189pcm |
| June 2008 | 8.2% | £1,238pcm |
| June 2007 | 0% | £1,145pcm |
Sales History
The last sale was on 14th May 2025 for £440,000 and since then the market in the area has increased by 0.1%. The postcode has had a total of 25 sales since 1995.
RM5 2DX has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold May 2025£440,000 | 3 Bed House3, Oates Road, Romford, RM5 2DX3, Oates Road, Romford, RM5 2DX
- Sold May 2021£450,000 | 4 Bed House29, Oates Road, Romford, RM5 2DX29, Oates Road, Romford, RM5 2DX
- Sold Dec 2020£410,000 | 3 Bed House25, Oates Road, Romford, RM5 2DX25, Oates Road, Romford, RM5 2DX
- Sold Nov 2020£360,000 | 4 Bed House7, Oates Road, Romford, RM5 2DX7, Oates Road, Romford, RM5 2DX
- Sold Nov 2020£373,000 | 3 Bed House23, Oates Road, Romford, RM5 2DX23, Oates Road, Romford, RM5 2DX
Nearby Postcodes
RM5 2DX is the 168th largest and the 247th most expensive postcode out of the 369 postcodes in the RM5 area.
- RM5 2HN, Cornell Way, Romford, RM5RM5 2HN29 Addresses|48 m away
- RM5 2HP, Oates Road, Romford, RM5RM5 2HP3 Addresses|52 m away
- RM5 2HT, Oates Road, Romford, RM5RM5 2HT18 Addresses|57 m away
- RM5 2HH, Navarre Gardens, Romford, RM5RM5 2HH13 Addresses|95 m away
- RM5 2LL, Fox Close, Romford, RM5RM5 2LL20 Addresses|108 m away
Property Types
- 12 mid-century houses built between 1936 and 1979
- 6 other addresses of unknown type
- mid-century house (12)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 12 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (3)
- G (0)
- D (8)
- No EPC (6)
Top 3 Most Expensive Sales
Schools Nearby
- Oasis Academy Pinewood300 m away
- Clockhouse Primary School800 m away
- St Patrick's Catholic Primary School1.3 km away
- Bower Park Academy1.6 km away
- Marshalls Park Academy2.7 km away
- Forest Academy3.0 km away
More reading links
Public Transport Nearby
The closest station to RM5 2DX is Romford station, which is 4.1 kilometres away.
- Romford|4.1 km away
- Gidea Park|4.4 km away
