Oates Road - RM5 2HP
Key Postcode Insights
RM5 2HP is a residential postcode situated on Oates Road, Romford, RM5 with 3 addresses.
It ranks as the 20th largest and 257th 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 3 properties: 3 houses.
- Ave. Sale Price
- £446,513
- 10 Year change
- up 29.9%
- Ave. Rental Price
- £2,678pcm
- 10 Year change
- up 49.2%
- Ave. £ per ft²
- £441/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Key Postcode Insights
RM5 2HP is a residential postcode situated on Oates Road, Romford, RM5 with 3 addresses.
It ranks as the 20th largest and 257th 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 3 properties: 3 houses.
- Ave. Sale Price
- £446,513
- 10 Year change
- up 29.9%
- Ave. Rental Price
- £2,678pcm
- 10 Year change
- up 49.2%
- Ave. £ per ft²
- £441/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Explore Propertiesin RM5 2HP
- 8 Oates Road
3 Bed Mid-century House
- 10 Oates Road
3 Bed Early-century House
- 12 Oates Road
3 Bed Mid-century House
Sales Market Trends
The last sale in RM5 2HP sold for £435,000 on 25th November 2022. Since then prices are up an average of 0.3%.
The current average value in the postcode is £446,513.
The RM5 2HP Sales Market has increased by 29.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.5% | £446,513 |
| June 2025 | 2.3% | £444,486 |
| June 2024 | -1% | £434,302 |
| June 2023 | -0.2% | £438,718 |
| June 2022 | 12.4% | £439,588 |
| June 2021 | 6.4% | £390,976 |
| June 2020 | 2.5% | £367,499 |
| June 2019 | 1.3% | £358,595 |
| June 2018 | -0.4% | £353,962 |
| June 2017 | 3.4% | £355,446 |
| June 2016 | 18.4% | £343,724 |
| June 2015 | 13.2% | £290,273 |
| June 2014 | 14.7% | £256,473 |
| June 2013 | 2.3% | £223,549 |
| June 2012 | 3.8% | £218,491 |
| June 2011 | -1% | £210,448 |
| June 2010 | 8.9% | £212,566 |
| June 2009 | -12.4% | £195,113 |
| June 2008 | 0.8% | £222,680 |
| June 2007 | 0% | £220,868 |
Rental Market Trends
The current average rental value in the postcode is £2,678.
The RM5 2HP Rental Market has increased by 49.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £2,678pcm |
| June 2025 | 5.5% | £2,602pcm |
| June 2024 | 5.2% | £2,466pcm |
| June 2023 | 15.7% | £2,346pcm |
| June 2022 | 8.5% | £2,027pcm |
| June 2021 | 1.3% | £1,868pcm |
| June 2020 | 2.5% | £1,845pcm |
| June 2019 | 2.3% | £1,800pcm |
| June 2018 | 0.1% | £1,759pcm |
| June 2017 | -2.1% | £1,757pcm |
| June 2016 | 7.4% | £1,795pcm |
| June 2015 | 7.5% | £1,672pcm |
| June 2014 | 10% | £1,555pcm |
| June 2013 | 4.5% | £1,414pcm |
| June 2012 | 4.9% | £1,353pcm |
| June 2011 | 7.2% | £1,289pcm |
| June 2010 | 4.6% | £1,202pcm |
| June 2009 | -4.9% | £1,150pcm |
| June 2008 | 8.2% | £1,209pcm |
| June 2007 | 0% | £1,118pcm |
Sales History
The last sale was on 25th November 2022 for £435,000 and since then the market in the area has increased by 0.3%. The postcode has had a total of 5 sales since 1995.
RM5 2HP has seen no sales in the last three years and no sales in the last twelve months.
- Sold Nov 2022£435,000 | 3 Bed House8, Oates Road, Romford, RM5 2HP8, Oates Road, Romford, RM5 2HP
- Sold Nov 2018£378,000 | 3 Bed House10, Oates Road, Romford, RM5 2HP10, Oates Road, Romford, RM5 2HP
- Sold Sep 2009£217,500 | 3 Bed House10, Oates Road, Romford, RM5 2HP10, Oates Road, Romford, RM5 2HP
- Sold Oct 2003£227,000 | 3 Bed House12, Oates Road, Romford, RM5 2HP12, Oates Road, Romford, RM5 2HP
- Sold Jul 1997£115,000 | 3 Bed House12, Oates Road, Romford, RM5 2HP12, Oates Road, Romford, RM5 2HP
Nearby Postcodes
RM5 2HP is the 20th largest and the 257th most expensive postcode out of the 369 postcodes in the RM5 area.
- RM5 2DX, Oates Road, Romford, RM5RM5 2DX18 Addresses|52 m away
- RM5 2QR, Navarre Gardens, Romford, RM5RM5 2QR43 Addresses|66 m away
- RM5 2HT, Oates Road, Romford, RM5RM5 2HT18 Addresses|83 m away
- RM5 2HH, Navarre Gardens, Romford, RM5RM5 2HH13 Addresses|85 m away
- RM5 2HS, Bamford Way, Romford, RM5RM5 2HS21 Addresses|90 m away
Property Types
- 2 mid-century houses built between 1936 and 1979
- 1 early-century house built between 1912 and 1935
- mid-century house (2)
- early-century house (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (2)
- No EPC (0)
Top 3 Most Expensive Sales
Schools Nearby
- Oasis Academy Pinewood400 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 2HP is Romford station, which is 4.1 kilometres away.
- Romford|4.1 km away
- Gidea Park|4.4 km away
