Cornell Way - RM5 2HN
Key Postcode Insights
RM5 2HN is a residential postcode situated on Cornell Way, Romford, RM5 with 29 addresses.
It ranks as the 251st largest and 325th 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 29 properties: 29 houses.
- Ave. Sale Price
- £488,656
- 10 Year change
- up 29.2%
- Ave. Rental Price
- £2,904pcm
- 10 Year change
- up 48.5%
- Ave. £ per ft²
- £427/ft²
- Ave. Gross Yield
- 7.1%/year/yr
Key Postcode Insights
RM5 2HN is a residential postcode situated on Cornell Way, Romford, RM5 with 29 addresses.
It ranks as the 251st largest and 325th 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 29 properties: 29 houses.
- Ave. Sale Price
- £488,656
- 10 Year change
- up 29.2%
- Ave. Rental Price
- £2,904pcm
- 10 Year change
- up 48.5%
- Ave. £ per ft²
- £427/ft²
- Ave. Gross Yield
- 7.1%/year/yr
Explore Propertiesin RM5 2HN
- 4 Cornell Way
4 Bed Mid-century House
- 6 Cornell Way
Unknown
- 8 Cornell Way
4 Bed Mid-century House
- 10 Cornell Way
Unknown
- 12 Cornell Way
Unknown
Sales Market Trends
The last sale in RM5 2HN sold for £457,000 on 9th December 2025. Since then prices are down an average of 0.7%.
The current average value in the postcode is £488,656.
The RM5 2HN Sales Market has increased by 29.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.1% | £488,656 |
| June 2025 | 2.2% | £489,164 |
| June 2024 | -1% | £478,653 |
| June 2023 | -0.1% | £483,291 |
| June 2022 | 12.2% | £483,889 |
| June 2021 | 6.3% | £431,119 |
| June 2020 | 2.5% | £405,522 |
| June 2019 | 1.5% | £395,577 |
| June 2018 | -0.3% | £389,827 |
| June 2017 | 3.4% | £390,842 |
| June 2016 | 17.8% | £378,073 |
| June 2015 | 12.5% | £321,047 |
| June 2014 | 14.1% | £285,348 |
| June 2013 | 2.4% | £249,996 |
| June 2012 | 3.3% | £244,110 |
| June 2011 | -0.4% | £236,267 |
| June 2010 | 9.8% | £237,159 |
| June 2009 | -11.6% | £216,081 |
| June 2008 | 0.8% | £244,331 |
| June 2007 | 0% | £242,364 |
Rental Market Trends
The current average rental value in the postcode is £2,904.
The RM5 2HN Rental Market has increased by 48.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £2,904pcm |
| June 2025 | 5.3% | £2,837pcm |
| June 2024 | 5.2% | £2,693pcm |
| June 2023 | 15.8% | £2,560pcm |
| June 2022 | 8.3% | £2,210pcm |
| June 2021 | 1.2% | £2,041pcm |
| June 2020 | 2.5% | £2,017pcm |
| June 2019 | 2.5% | £1,967pcm |
| June 2018 | 0.2% | £1,919pcm |
| June 2017 | -2.1% | £1,915pcm |
| June 2016 | 6.8% | £1,956pcm |
| June 2015 | 6.9% | £1,832pcm |
| June 2014 | 9.4% | £1,714pcm |
| June 2013 | 4.6% | £1,566pcm |
| June 2012 | 4.4% | £1,497pcm |
| June 2011 | 7.9% | £1,434pcm |
| June 2010 | 5.4% | £1,329pcm |
| June 2009 | -4% | £1,261pcm |
| June 2008 | 8.2% | £1,314pcm |
| June 2007 | 0% | £1,215pcm |
Sales History
The last sale was on 9th December 2025 for £457,000 and since then the market in the area has decreased by 0.7%. The postcode has had a total of 35 sales since 1995.
RM5 2HN has seen 4 sales in the last three years and 1 sale in the last twelve months.
- Sold Dec 2025£457,000 | 3 Bed House41, Cornell Way, Romford, RM5 2HN41, Cornell Way, Romford, RM5 2HN
- Sold Mar 2025£450,000 | 3 Bed House47, Cornell Way, Romford, RM5 2HN47, Cornell Way, Romford, RM5 2HN
- Sold Nov 2023£428,000 | 3 Bed House37, Cornell Way, Romford, RM5 2HN37, Cornell Way, Romford, RM5 2HN
- Sold Jun 2023£415,000 | 3 Bed House45, Cornell Way, Romford, RM5 2HN45, Cornell Way, Romford, RM5 2HN
- Sold Oct 2022£457,000 | 3 Bed House43, Cornell Way, Romford, RM5 2HN43, Cornell Way, Romford, RM5 2HN
Nearby Postcodes
RM5 2HN is the 251st largest and the 325th most expensive postcode out of the 369 postcodes in the RM5 area.
- RM5 2DX, Oates Road, Romford, RM5RM5 2DX18 Addresses|48 m away
- RM5 2HB, Ray Road, Romford, RM5RM5 2HB15 Addresses|69 m away
- RM5 2HT, Oates Road, Romford, RM5RM5 2HT18 Addresses|81 m away
- RM5 2HW, Cornell Way, Romford, RM5RM5 2HW7 Addresses|93 m away
- RM5 2HP, Oates Road, Romford, RM5RM5 2HP3 Addresses|98 m away
Property Types
- 21 mid-century houses built between 1936 and 1979
- 1 early-century house built between 1912 and 1935
- 7 other addresses of unknown type
- mid-century house (21)
- early-century house (1)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 22 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (3)
- G (0)
- D (16)
- No EPC (7)
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 School800 m away
- St Patrick's Catholic Primary School1.4 km away
- Bower Park Academy1.5 km away
- Marshalls Park Academy2.7 km away
- Forest Academy3.1 km away
More reading links
Public Transport Nearby
The closest station to RM5 2HN is Romford station, which is 4.1 kilometres away.
- Romford|4.1 km away
- Gidea Park|4.4 km away