Carter Drive - RM5 2NT
Key Postcode Insights
RM5 2NT is a residential postcode situated on Carter Drive, Romford, RM5 with 17 addresses.
It ranks as the 159th largest and 293rd 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 17 properties: 17 houses.
- Ave. Sale Price
- £487,041
- 10 Year change
- up 28.8%
- Ave. Rental Price
- £2,790pcm
- 10 Year change
- up 47.7%
- Ave. £ per ft²
- £478/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Key Postcode Insights
RM5 2NT is a residential postcode situated on Carter Drive, Romford, RM5 with 17 addresses.
It ranks as the 159th largest and 293rd 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 17 properties: 17 houses.
- Ave. Sale Price
- £487,041
- 10 Year change
- up 28.8%
- Ave. Rental Price
- £2,790pcm
- 10 Year change
- up 47.7%
- Ave. £ per ft²
- £478/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Explore Propertiesin RM5 2NT
- 1 Carter Drive
4 Bed Early-century House
- 2 Carter Drive
Unknown
- 3 Carter Drive
3 Bed House
- 4 Carter Drive
4 Bed House
- 5 Carter Drive
4 Bed Early-century House
Sales Market Trends
The last sale in RM5 2NT sold for £421,500 on 8th December 2023. Since then prices are up an average of 2.9%.
The current average value in the postcode is £487,041.
The RM5 2NT Sales Market has increased by 28.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.6% | £487,041 |
| June 2025 | 2% | £490,039 |
| June 2024 | -0.9% | £480,506 |
| June 2023 | -0.1% | £484,692 |
| June 2022 | 12.1% | £485,350 |
| June 2021 | 6.3% | £432,803 |
| June 2020 | 2.6% | £407,075 |
| June 2019 | 1.7% | £396,854 |
| June 2018 | -0.1% | £390,178 |
| June 2017 | 3.3% | £390,646 |
| June 2016 | 17.1% | £378,071 |
| June 2015 | 11.9% | £322,835 |
| June 2014 | 13.7% | £288,613 |
| June 2013 | 2.5% | £253,831 |
| June 2012 | 3% | £247,674 |
| June 2011 | 0.2% | £240,543 |
| June 2010 | 10.5% | £240,122 |
| June 2009 | -10.7% | £217,341 |
| June 2008 | 0.7% | £243,517 |
| June 2007 | 0% | £241,896 |
Rental Market Trends
The current average rental value in the postcode is £2,790.
The RM5 2NT Rental Market has increased by 47.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.8% | £2,790pcm |
| June 2025 | 5.2% | £2,740pcm |
| June 2024 | 5.2% | £2,604pcm |
| June 2023 | 15.9% | £2,476pcm |
| June 2022 | 8.1% | £2,137pcm |
| June 2021 | 1.1% | £1,976pcm |
| June 2020 | 2.6% | £1,955pcm |
| June 2019 | 2.7% | £1,906pcm |
| June 2018 | 0.5% | £1,856pcm |
| June 2017 | -2.2% | £1,847pcm |
| June 2016 | 6.1% | £1,889pcm |
| June 2015 | 6.2% | £1,780pcm |
| June 2014 | 9.1% | £1,676pcm |
| June 2013 | 4.7% | £1,537pcm |
| June 2012 | 4% | £1,468pcm |
| June 2011 | 8.6% | £1,411pcm |
| June 2010 | 6% | £1,299pcm |
| June 2009 | -3.1% | £1,226pcm |
| June 2008 | 8.1% | £1,265pcm |
| June 2007 | 0% | £1,171pcm |
Sales History
The last sale was on 8th December 2023 for £421,500 and since then the market in the area has increased by 2.9%. The postcode has had a total of 29 sales since 1995.
RM5 2NT has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Dec 2023£421,500 | 3 Bed House7, Carter Drive, Romford, RM5 2NT7, Carter Drive, Romford, RM5 2NT
- Sold Jan 2021£390,000 | 3 Bed House23, Carter Drive, Romford, RM5 2NT23, Carter Drive, Romford, RM5 2NT
- Sold Dec 2020£392,500 | 3 Bed House21, Carter Drive, Romford, RM5 2NT21, Carter Drive, Romford, RM5 2NT
- Sold Sep 2018£380,000 | 3 Bed House6, Carter Drive, Romford, RM5 2NT6, Carter Drive, Romford, RM5 2NT
- Sold Oct 2017£380,000 | 3 Bed House23, Carter Drive, Romford, RM5 2NT23, Carter Drive, Romford, RM5 2NT
Nearby Postcodes
RM5 2NT is the 159th largest and the 293rd most expensive postcode out of the 369 postcodes in the RM5 area.
- RM5 2NU, Sheila Road, Romford, RM5RM5 2NU24 Addresses|75 m away
- RM5 2PB, Carter Close, Romford, RM5RM5 2PB31 Addresses|90 m away
- RM5 2NP, Riversdale Road, Romford, RM5RM5 2NP49 Addresses|116 m away
- RM5 2PA, Sheila Close, Romford, RM5RM5 2PA20 Addresses|132 m away
- RM5 2PD, Carter Drive, Romford, RM5RM5 2PD23 Addresses|134 m away
Property Types
- 2 houses of an unknown age
- 11 early-century houses built between 1912 and 1935
- 4 other addresses of unknown type
- house (2)
- early-century house (11)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (0)
- G (0)
- D (8)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Sep 2024£635,000 | 4 Bed House293, Carter Drive, Romford, RM5 2TT293, Carter Drive, Romford, RM5 2TT
- Sold Sep 2017£575,000 | 4 Bed House156, Carter Drive, Romford, RM5 2TU156, Carter Drive, Romford, RM5 2TU
- Sold Dec 2024£560,000 | 3 Bed House307, Carter Drive, Romford, RM5 2TU307, Carter Drive, Romford, RM5 2TU
Schools Nearby
- Clockhouse Primary School400 m away
- St Patrick's Catholic Primary School600 m away
- Crownfield Junior School1.1 km away
- Bower Park Academy1.6 km away
- Marshalls Park Academy2.2 km away
- The Warren School3.0 km away
More reading links
Public Transport Nearby
The closest station to RM5 2NT is Romford station, which is 3.4 kilometres away.
- Romford|3.4 km away
- Gidea Park|3.9 km away