Oates Road - RM5 2HT
Key Postcode Insights
RM5 2HT is a residential postcode situated on Oates Road, Romford, RM5 with 18 addresses.
It ranks as the 169th largest and 159th 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
- £425,736
- 10 Year change
- up 29.4%
- Ave. Rental Price
- £2,690pcm
- 10 Year change
- up 48.6%
- Ave. £ per ft²
- £430/ft²
- Ave. Gross Yield
- 7.6%/year/yr
Key Postcode Insights
RM5 2HT is a residential postcode situated on Oates Road, Romford, RM5 with 18 addresses.
It ranks as the 169th largest and 159th 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
- £425,736
- 10 Year change
- up 29.4%
- Ave. Rental Price
- £2,690pcm
- 10 Year change
- up 48.6%
- Ave. £ per ft²
- £430/ft²
- Ave. Gross Yield
- 7.6%/year/yr
Explore Propertiesin RM5 2HT
- 14A Oates Road
3 Bed Modern House
- 14 Oates Road
3 Bed Mid-century House
- 16 Oates Road
3 Bed Mid-century House
- 18 Oates Road
3 Bed Mid-century House
- 20 Oates Road
4 Bed Mid-century House
Sales Market Trends
The last sale in RM5 2HT sold for £390,000 on 1st November 2024. Since then prices are up an average of 0.9%.
The current average value in the postcode is £425,736.
The RM5 2HT Sales Market has increased by 29.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0% | £425,736 |
| June 2025 | 2.2% | £425,629 |
| June 2024 | -1% | £416,319 |
| June 2023 | -0.1% | £420,411 |
| June 2022 | 12.3% | £421,002 |
| June 2021 | 6.3% | £374,911 |
| June 2020 | 2.5% | £352,542 |
| June 2019 | 1.4% | £343,917 |
| June 2018 | -0.3% | £339,088 |
| June 2017 | 3.4% | £340,115 |
| June 2016 | 18% | £329,011 |
| June 2015 | 12.7% | £278,920 |
| June 2014 | 14.3% | £247,450 |
| June 2013 | 2.4% | £216,477 |
| June 2012 | 3.4% | £211,407 |
| June 2011 | -0.5% | £204,369 |
| June 2010 | 9.5% | £205,429 |
| June 2009 | -11.8% | £187,567 |
| June 2008 | 0.8% | £212,627 |
| June 2007 | 0% | £210,974 |
Rental Market Trends
The current average rental value in the postcode is £2,690.
The RM5 2HT Rental Market has increased by 48.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £2,690pcm |
| June 2025 | 5.4% | £2,625pcm |
| June 2024 | 5.2% | £2,490pcm |
| June 2023 | 15.8% | £2,368pcm |
| June 2022 | 8.3% | £2,044pcm |
| June 2021 | 1.2% | £1,887pcm |
| June 2020 | 2.5% | £1,864pcm |
| June 2019 | 2.5% | £1,819pcm |
| June 2018 | 0.2% | £1,775pcm |
| June 2017 | -2.1% | £1,771pcm |
| June 2016 | 6.9% | £1,810pcm |
| June 2015 | 7.1% | £1,693pcm |
| June 2014 | 9.6% | £1,581pcm |
| June 2013 | 4.6% | £1,443pcm |
| June 2012 | 4.5% | £1,380pcm |
| June 2011 | 7.8% | £1,320pcm |
| June 2010 | 5.2% | £1,225pcm |
| June 2009 | -4.2% | £1,165pcm |
| June 2008 | 8.2% | £1,216pcm |
| June 2007 | 0% | £1,124pcm |
Sales History
The last sale was on 1st November 2024 for £390,000 and since then the market in the area has increased by 0.9%. The postcode has had a total of 35 sales since 1995.
RM5 2HT has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Nov 2024£390,000 | 3 Bed House30, Oates Road, Romford, RM5 2HT30, Oates Road, Romford, RM5 2HT
- Sold Apr 2024£415,000 | 4 Bed House28, Oates Road, Romford, RM5 2HT28, Oates Road, Romford, RM5 2HT
- Sold Dec 2022£430,000 | 4 Bed House20, Oates Road, Romford, RM5 2HT20, Oates Road, Romford, RM5 2HT
- Sold Feb 2022£400,000 | 3 Bed House22, Oates Road, Romford, RM5 2HT22, Oates Road, Romford, RM5 2HT
- Sold Jun 2021£402,000 | 3 Bed House14, Oates Road, Romford, RM5 2HT14, Oates Road, Romford, RM5 2HT
Nearby Postcodes
RM5 2HT is the 169th largest and the 159th most expensive postcode out of the 369 postcodes in the RM5 area.
- RM5 2DX, Oates Road, Romford, RM5RM5 2DX18 Addresses|57 m away
- RM5 2LL, Fox Close, Romford, RM5RM5 2LL20 Addresses|58 m away
- RM5 2HN, Cornell Way, Romford, RM5RM5 2HN29 Addresses|81 m away
- RM5 2HP, Oates Road, Romford, RM5RM5 2HP3 Addresses|83 m away
- RM5 2HD, Browne Close, Romford, RM5RM5 2HD24 Addresses|93 m away
Property Types
- 1 modern house built after 1980
- 14 mid-century houses built between 1936 and 1979
- 3 other addresses of unknown type
- modern house (1)
- mid-century house (14)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 15 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (1)
- F (1)
- C (4)
- G (0)
- D (8)
- No EPC (3)
Top 3 Most Expensive Sales
Schools Nearby
- Oasis Academy Pinewood300 m away
- Clockhouse Primary School700 m away
- St Patrick's Catholic Primary School1.3 km away
- Bower Park Academy1.5 km away
- Marshalls Park Academy2.6 km away
- Forest Academy3.1 km away
More reading links
Public Transport Nearby
The closest station to RM5 2HT is Romford station, which is 4.0 kilometres away.
- Romford|4.0 km away
- Gidea Park|4.3 km away
