Lodge Lane - RM5 2LB
Key Postcode Insights
RM5 2LB is a residential postcode situated on Lodge Lane, Romford, RM5 with 22 addresses.
It ranks as the 209th largest and 353rd most expensive of the 369 postcodes in the RM5 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 22 properties: 22 houses.
- Ave. Sale Price
- £530,196
- 10 Year change
- up 29.0%
- Ave. Rental Price
- £3,070pcm
- 10 Year change
- up 48.2%
- Ave. £ per ft²
- £437/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Key Postcode Insights
RM5 2LB is a residential postcode situated on Lodge Lane, Romford, RM5 with 22 addresses.
It ranks as the 209th largest and 353rd most expensive of the 369 postcodes in the RM5 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 22 properties: 22 houses.
- Ave. Sale Price
- £530,196
- 10 Year change
- up 29.0%
- Ave. Rental Price
- £3,070pcm
- 10 Year change
- up 48.2%
- Ave. £ per ft²
- £437/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Explore Propertiesin RM5 2LB
- 193 Lodge Lane
4 Bed Modern House
- 195 Lodge Lane
4 Bed Modern House
- 197 Lodge Lane
3 Bed Modern House
- 199 Lodge Lane
4 Bed Mid-century House
- 201 Lodge Lane
Unknown
Sales Market Trends
The last sale in RM5 2LB sold for £450,000 on 8th November 2024. Since then prices are up an average of 0.4%.
The current average value in the postcode is £530,196.
The RM5 2LB Sales Market has increased by 29.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.4% | £530,196 |
| June 2025 | 2% | £532,284 |
| June 2024 | -0.8% | £522,061 |
| June 2023 | -0.2% | £526,243 |
| June 2022 | 12.1% | £527,463 |
| June 2021 | 6.4% | £470,556 |
| June 2020 | 2.6% | £442,321 |
| June 2019 | 1.6% | £431,211 |
| June 2018 | -0.1% | £424,441 |
| June 2017 | 3.4% | £424,813 |
| June 2016 | 17.2% | £410,905 |
| June 2015 | 11.9% | £350,528 |
| June 2014 | 13.9% | £313,121 |
| June 2013 | 2.5% | £274,915 |
| June 2012 | 3.1% | £268,325 |
| June 2011 | -0.1% | £260,261 |
| June 2010 | 10.2% | £260,413 |
| June 2009 | -11% | £236,288 |
| June 2008 | 0.6% | £265,475 |
| June 2007 | 0% | £264,020 |
Rental Market Trends
The current average rental value in the postcode is £3,070.
The RM5 2LB Rental Market has increased by 48.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £3,070pcm |
| June 2025 | 5.1% | £3,008pcm |
| June 2024 | 5.4% | £2,862pcm |
| June 2023 | 15.7% | £2,716pcm |
| June 2022 | 8.2% | £2,347pcm |
| June 2021 | 1.2% | £2,170pcm |
| June 2020 | 2.6% | £2,144pcm |
| June 2019 | 2.6% | £2,090pcm |
| June 2018 | 0.4% | £2,036pcm |
| June 2017 | -2.1% | £2,028pcm |
| June 2016 | 6.3% | £2,071pcm |
| June 2015 | 6.3% | £1,950pcm |
| June 2014 | 9.2% | £1,834pcm |
| June 2013 | 4.7% | £1,680pcm |
| June 2012 | 4.2% | £1,605pcm |
| June 2011 | 8.3% | £1,540pcm |
| June 2010 | 5.8% | £1,423pcm |
| June 2009 | -3.4% | £1,344pcm |
| June 2008 | 7.9% | £1,392pcm |
| June 2007 | 0% | £1,289pcm |
Sales History
The last sale was on 8th November 2024 for £450,000 and since then the market in the area has increased by 0.4%. The postcode has had a total of 17 sales since 1995.
RM5 2LB has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Nov 2024£450,000 | 3 Bed House209, Lodge Lane, Romford, RM5 2LB209, Lodge Lane, Romford, RM5 2LB
- Sold Nov 2022£625,000 | 4 Bed House193, Lodge Lane, Romford, RM5 2LB193, Lodge Lane, Romford, RM5 2LB
- Sold Nov 2022£450,000 | 3 Bed House197, Lodge Lane, Romford, RM5 2LB197, Lodge Lane, Romford, RM5 2LB
- Sold Sep 2022£540,000 | 4 Bed House195, Lodge Lane, Romford, RM5 2LB195, Lodge Lane, Romford, RM5 2LB
- Sold Jan 2022£455,000 | 3 Bed House211, Lodge Lane, Romford, RM5 2LB211, Lodge Lane, Romford, RM5 2LB
Nearby Postcodes
RM5 2LB is the 209th largest and the 353rd most expensive postcode out of the 369 postcodes in the RM5 area.
- RM5 2ET, Lodge Lane, Romford, RM5RM5 2ET68 Addresses|58 m away
- RM5 2LA, Udall Gardens, Romford, RM5RM5 2LA55 Addresses|127 m away
- RM5 2LG, Litten Close, Collier Row, Romford, RM5RM5 2LG26 Addresses|127 m away
- RM5 2DA, Hester Mews, Romford, RM5RM5 2DA3 Addresses|138 m away
- RM5 2LS, Turpin Avenue, Romford, RM5RM5 2LS28 Addresses|164 m away
Property Types
- 5 modern houses built after 1980
- 3 mid-century houses built between 1936 and 1979
- 6 early-century houses built between 1912 and 1935
- 8 other addresses of unknown type
- modern house (5)
- mid-century house (3)
- early-century house (6)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The most common rating is E.
- A (0)
- E (5)
- B (3)
- F (2)
- C (2)
- G (0)
- D (2)
- No EPC (8)
Top 3 Most Expensive Sales
- Sold Dec 2024£840,000 | 4 Bed House314, Lodge Lane, Romford, RM5 2HX314, Lodge Lane, Romford, RM5 2HX
- Sold Sep 2018£650,000 | 4 Bed House43, Lodge Lane, Romford, RM5 2LJ43, Lodge Lane, Romford, RM5 2LJ
- Sold Nov 2022£625,000 | 4 Bed House193, Lodge Lane, Romford, RM5 2LB193, Lodge Lane, Romford, RM5 2LB
Schools Nearby
- Clockhouse Primary School700 m away
- St Patrick's Catholic Primary School800 m away
- Oasis Academy Pinewood900 m away
- Bower Park Academy1.8 km away
- Marshalls Park Academy2.5 km away
- Forest Academy2.8 km away
More reading links
Public Transport Nearby
The closest station to RM5 2LB is Romford station, which is 3.7 kilometres away.
- Romford|3.7 km away
- Hainault|4.3 km away
- Chadwell Heath|4.3 km away
