Cornell Way - RM5 2HA
Key Postcode Insights
RM5 2HA is a residential postcode situated on Cornell Way, Romford, RM5 with 12 addresses.
It ranks as the 104th largest and 177th 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 12 properties: 12 houses.
- Ave. Sale Price
- £427,542
- 10 Year change
- up 29.2%
- Ave. Rental Price
- £2,683pcm
- 10 Year change
- up 48.5%
- Ave. £ per ft²
- £423/ft²
- Ave. Gross Yield
- 7.5%/year/yr
Key Postcode Insights
RM5 2HA is a residential postcode situated on Cornell Way, Romford, RM5 with 12 addresses.
It ranks as the 104th largest and 177th 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 12 properties: 12 houses.
- Ave. Sale Price
- £427,542
- 10 Year change
- up 29.2%
- Ave. Rental Price
- £2,683pcm
- 10 Year change
- up 48.5%
- Ave. £ per ft²
- £423/ft²
- Ave. Gross Yield
- 7.5%/year/yr
Explore Propertiesin RM5 2HA
- 1 Cornell Way
3 Bed Mid-century House
- 2 Cornell Way
4 Bed Mid-century House
- 3 Cornell Way
Unknown
- 5 Cornell Way
3 Bed House
- 7 Cornell Way
3 Bed Mid-century House
Sales Market Trends
The last sale in RM5 2HA sold for £525,250 on 23rd July 2024. Since then prices are up an average of 16.5%.
The current average value in the postcode is £427,542.
The RM5 2HA Sales Market has increased by 29.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.1% | £427,542 |
| June 2025 | 2.2% | £427,987 |
| June 2024 | -1% | £418,790 |
| June 2023 | -0.1% | £422,848 |
| June 2022 | 12.2% | £423,371 |
| June 2021 | 6.3% | £377,201 |
| June 2020 | 2.5% | £354,806 |
| June 2019 | 1.5% | £346,104 |
| June 2018 | -0.3% | £341,073 |
| June 2017 | 3.4% | £341,961 |
| June 2016 | 17.8% | £330,790 |
| June 2015 | 12.5% | £280,895 |
| June 2014 | 14.1% | £249,661 |
| June 2013 | 2.4% | £218,730 |
| June 2012 | 3.3% | £213,580 |
| June 2011 | -0.4% | £206,718 |
| June 2010 | 9.8% | £207,498 |
| June 2009 | -11.6% | £189,057 |
| June 2008 | 0.8% | £213,773 |
| June 2007 | 0% | £212,053 |
Rental Market Trends
The current average rental value in the postcode is £2,683.
The RM5 2HA Rental Market has increased by 48.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £2,683pcm |
| June 2025 | 5.3% | £2,621pcm |
| June 2024 | 5.2% | £2,488pcm |
| June 2023 | 15.8% | £2,365pcm |
| June 2022 | 8.3% | £2,042pcm |
| June 2021 | 1.2% | £1,886pcm |
| June 2020 | 2.5% | £1,863pcm |
| June 2019 | 2.5% | £1,817pcm |
| June 2018 | 0.2% | £1,773pcm |
| June 2017 | -2.1% | £1,769pcm |
| June 2016 | 6.8% | £1,807pcm |
| June 2015 | 6.9% | £1,692pcm |
| June 2014 | 9.4% | £1,583pcm |
| June 2013 | 4.6% | £1,447pcm |
| June 2012 | 4.4% | £1,383pcm |
| June 2011 | 7.9% | £1,325pcm |
| June 2010 | 5.4% | £1,228pcm |
| June 2009 | -4% | £1,165pcm |
| June 2008 | 8.2% | £1,214pcm |
| June 2007 | 0% | £1,123pcm |
Sales History
The last sale was on 23rd July 2024 for £525,250 and since then the market in the area has increased by 16.5%. The postcode has had a total of 15 sales since 1995.
RM5 2HA has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jul 2024£525,250 | 4 Bed House2, Cornell Way, Romford, RM5 2HA2, Cornell Way, Romford, RM5 2HA
- Sold Feb 2021£400,000 | 4 Bed House15, Cornell Way, Romford, RM5 2HA15, Cornell Way, Romford, RM5 2HA
- Sold Dec 2020£300,000 | 3 Bed House7, Cornell Way, Romford, RM5 2HA7, Cornell Way, Romford, RM5 2HA
- Sold Apr 2018£400,000 | 4 Bed House2, Cornell Way, Romford, RM5 2HA2, Cornell Way, Romford, RM5 2HA
- Sold Nov 2017£355,000 | 3 Bed House17, Cornell Way, Romford, RM5 2HA17, Cornell Way, Romford, RM5 2HA
Nearby Postcodes
RM5 2HA is the 104th largest and the 177th most expensive postcode out of the 369 postcodes in the RM5 area.
- RM5 2HH, Navarre Gardens, Romford, RM5RM5 2HH13 Addresses|45 m away
- RM5 2HX, Lodge Lane, Romford, RM5RM5 2HX34 Addresses|79 m away
- RM5 2HU, Morant Gardens, Romford, RM5RM5 2HU31 Addresses|93 m away
- RM5 2JD, Sherborne Gardens, Romford, RM5RM5 2JD8 Addresses|99 m away
- RM5 2HB, Ray Road, Romford, RM5RM5 2HB15 Addresses|112 m away
Property Types
- 6 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 5 other addresses of unknown type
- mid-century house (6)
- house (1)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (5)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Jul 2024£525,250 | 4 Bed House2, Cornell Way, Romford, RM5 2HA2, Cornell Way, Romford, RM5 2HA
- Sold Oct 2022£457,000 | 3 Bed House43, Cornell Way, Romford, RM5 2HN43, Cornell Way, Romford, RM5 2HN
- Sold Dec 2025£457,000 | 3 Bed House41, Cornell Way, Romford, RM5 2HN41, Cornell Way, Romford, RM5 2HN
Schools Nearby
- Oasis Academy Pinewood300 m away
- Clockhouse Primary School900 m away
- St Patrick's Catholic Primary School1.4 km away
- Bower Park Academy1.7 km away
- Marshalls Park Academy2.8 km away
- Forest Academy2.9 km away
More reading links
Public Transport Nearby
The closest station to RM5 2HA is Romford station, which is 4.2 kilometres away.
- Romford|4.2 km away
- Gidea Park|4.5 km away
- Hainault|4.5 km away
