Cornell Way - RM5 2HW
Key Postcode Insights
RM5 2HW is a residential postcode situated on Cornell Way, Romford, RM5 with 7 addresses.
It ranks as the 52nd largest and 168th 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 7 properties: 7 houses.
- Ave. Sale Price
- £418,384
- 10 Year change
- up 29.2%
- Ave. Rental Price
- £2,604pcm
- 10 Year change
- up 48.5%
- Ave. £ per ft²
- £438/ft²
- Ave. Gross Yield
- 7.5%/year/yr
Key Postcode Insights
RM5 2HW is a residential postcode situated on Cornell Way, Romford, RM5 with 7 addresses.
It ranks as the 52nd largest and 168th 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 7 properties: 7 houses.
- Ave. Sale Price
- £418,384
- 10 Year change
- up 29.2%
- Ave. Rental Price
- £2,604pcm
- 10 Year change
- up 48.5%
- Ave. £ per ft²
- £438/ft²
- Ave. Gross Yield
- 7.5%/year/yr
Explore Propertiesin RM5 2HW
- 49 Cornell Way
3 Bed Mid-century House
- 51 Cornell Way
Unknown
- 53 Cornell Way
3 Bed Mid-century House
- 55 Cornell Way
3 Bed Mid-century House
- 57 Cornell Way
4 Bed Mid-century House
Sales Market Trends
The last sale in RM5 2HW sold for £425,000 on 1st November 2024. Since then prices are up an average of 0.8%.
The current average value in the postcode is £418,384.
The RM5 2HW Sales Market has increased by 29.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.1% | £418,384 |
| June 2025 | 2.2% | £418,819 |
| June 2024 | -1% | £409,819 |
| June 2023 | -0.1% | £413,790 |
| June 2022 | 12.2% | £414,302 |
| June 2021 | 6.3% | £369,121 |
| June 2020 | 2.5% | £347,205 |
| June 2019 | 1.5% | £338,690 |
| June 2018 | -0.3% | £333,767 |
| June 2017 | 3.4% | £334,636 |
| June 2016 | 17.8% | £323,704 |
| June 2015 | 12.5% | £274,878 |
| June 2014 | 14.1% | £244,313 |
| June 2013 | 2.4% | £214,045 |
| June 2012 | 3.3% | £209,005 |
| June 2011 | -0.4% | £202,290 |
| June 2010 | 9.8% | £203,054 |
| June 2009 | -11.6% | £185,007 |
| June 2008 | 0.8% | £209,194 |
| June 2007 | 0% | £207,511 |
Rental Market Trends
The current average rental value in the postcode is £2,604.
The RM5 2HW Rental Market has increased by 48.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £2,604pcm |
| June 2025 | 5.3% | £2,545pcm |
| June 2024 | 5.2% | £2,416pcm |
| June 2023 | 15.8% | £2,296pcm |
| June 2022 | 8.3% | £1,983pcm |
| June 2021 | 1.2% | £1,831pcm |
| June 2020 | 2.5% | £1,809pcm |
| June 2019 | 2.5% | £1,764pcm |
| June 2018 | 0.2% | £1,721pcm |
| June 2017 | -2.1% | £1,717pcm |
| June 2016 | 6.8% | £1,754pcm |
| June 2015 | 6.9% | £1,643pcm |
| June 2014 | 9.4% | £1,537pcm |
| June 2013 | 4.6% | £1,405pcm |
| June 2012 | 4.4% | £1,343pcm |
| June 2011 | 7.9% | £1,286pcm |
| June 2010 | 5.4% | £1,192pcm |
| June 2009 | -4% | £1,131pcm |
| June 2008 | 8.2% | £1,179pcm |
| June 2007 | 0% | £1,090pcm |
Sales History
The last sale was on 1st November 2024 for £425,000 and since then the market in the area has increased by 0.8%. The postcode has had a total of 9 sales since 1995.
RM5 2HW has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Nov 2024£425,000 | 3 Bed House49, Cornell Way, Romford, RM5 2HW49, Cornell Way, Romford, RM5 2HW
- Sold Dec 2017£392,500 | 3 Bed House61, Cornell Way, Romford, RM5 2HW61, Cornell Way, Romford, RM5 2HW
- Sold Feb 2016£320,000 | 4 Bed House57, Cornell Way, Romford, RM5 2HW57, Cornell Way, Romford, RM5 2HW
- Sold Jul 2014£249,000 | 3 Bed House55, Cornell Way, Romford, RM5 2HW55, Cornell Way, Romford, RM5 2HW
- Sold Nov 2012£206,000 | 3 Bed House55, Cornell Way, Romford, RM5 2HW55, Cornell Way, Romford, RM5 2HW
Nearby Postcodes
RM5 2HW is the 52nd largest and the 168th most expensive postcode out of the 369 postcodes in the RM5 area.
- RM5 2PS, Charlotte Gardens, Romford, RM5RM5 2PS17 Addresses|71 m away
- RM5 2HF, Patmore Way, Romford, RM5RM5 2HF20 Addresses|77 m away
- RM5 2TS, Firbank Road, Romford, RM5RM5 2TS4 Addresses|84 m away
- RM5 2HN, Cornell Way, Romford, RM5RM5 2HN29 Addresses|93 m away
- RM5 2HB, Ray Road, Romford, RM5RM5 2HB15 Addresses|103 m away
Property Types
- 5 mid-century houses built between 1936 and 1979
- 2 other addresses of unknown type
- mid-century house (5)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (4)
- No EPC (2)
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 Pinewood200 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 2HW is Romford station, which is 4.1 kilometres away.
- Romford|4.1 km away
- Gidea Park|4.3 km away
