Carter Drive - RM5 2PD
Key Postcode Insights
RM5 2PD is a residential postcode situated on Carter Drive, Romford, RM5 with 23 addresses.
It ranks as the 216th largest and 283rd 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 23 properties: 23 houses.
- Ave. Sale Price
- £460,559
- 10 Year change
- up 28.8%
- Ave. Rental Price
- £2,560pcm
- 10 Year change
- up 47.7%
- Ave. £ per ft²
- £534/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Key Postcode Insights
RM5 2PD is a residential postcode situated on Carter Drive, Romford, RM5 with 23 addresses.
It ranks as the 216th largest and 283rd 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 23 properties: 23 houses.
- Ave. Sale Price
- £460,559
- 10 Year change
- up 28.8%
- Ave. Rental Price
- £2,560pcm
- 10 Year change
- up 47.7%
- Ave. £ per ft²
- £534/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Explore Propertiesin RM5 2PD
- 14 Carter Drive
3 Bed Early-century House
- 16 Carter Drive
3 Bed Early-century House
- 18 Carter Drive
Unknown
- 20 Carter Drive
3 Bed Early-century House
- 22 Carter Drive
3 Bed Early-century House
Sales Market Trends
The last sale in RM5 2PD sold for £470,000 on 12th September 2025. Since then prices are down an average of 0.6%.
The current average value in the postcode is £460,559.
The RM5 2PD Sales Market has increased by 28.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.6% | £460,559 |
| June 2025 | 2% | £463,395 |
| June 2024 | -0.9% | £454,380 |
| June 2023 | -0.1% | £458,338 |
| June 2022 | 12.1% | £458,960 |
| June 2021 | 6.3% | £409,270 |
| June 2020 | 2.6% | £384,942 |
| June 2019 | 1.7% | £375,276 |
| June 2018 | -0.1% | £368,963 |
| June 2017 | 3.3% | £369,406 |
| June 2016 | 17.1% | £357,514 |
| June 2015 | 11.9% | £305,282 |
| June 2014 | 13.7% | £272,920 |
| June 2013 | 2.5% | £240,029 |
| June 2012 | 3% | £234,208 |
| June 2011 | 0.2% | £227,464 |
| June 2010 | 10.5% | £227,066 |
| June 2009 | -10.7% | £205,524 |
| June 2008 | 0.7% | £230,277 |
| June 2007 | 0% | £228,744 |
Rental Market Trends
The current average rental value in the postcode is £2,560.
The RM5 2PD Rental Market has increased by 47.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.8% | £2,560pcm |
| June 2025 | 5.2% | £2,515pcm |
| June 2024 | 5.2% | £2,390pcm |
| June 2023 | 15.9% | £2,272pcm |
| June 2022 | 8.1% | £1,961pcm |
| June 2021 | 1.1% | £1,813pcm |
| June 2020 | 2.6% | £1,794pcm |
| June 2019 | 2.7% | £1,749pcm |
| June 2018 | 0.5% | £1,703pcm |
| June 2017 | -2.2% | £1,695pcm |
| June 2016 | 6.1% | £1,733pcm |
| June 2015 | 6.2% | £1,633pcm |
| June 2014 | 9.1% | £1,538pcm |
| June 2013 | 4.7% | £1,410pcm |
| June 2012 | 4% | £1,347pcm |
| June 2011 | 8.6% | £1,295pcm |
| June 2010 | 6% | £1,192pcm |
| June 2009 | -3.1% | £1,124pcm |
| June 2008 | 8.1% | £1,161pcm |
| June 2007 | 0% | £1,074pcm |
Sales History
The last sale was on 12th September 2025 for £470,000 and since then the market in the area has decreased by 0.6%. The postcode has had a total of 41 sales since 1995.
RM5 2PD has seen 4 sales in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£470,000 | 3 Bed House26, Carter Drive, Romford, RM5 2PD26, Carter Drive, Romford, RM5 2PD
- Sold Oct 2024£535,000 | 4 Bed House34, Carter Drive, Romford, RM5 2PD34, Carter Drive, Romford, RM5 2PD
- Sold Feb 2024£405,000 | 3 Bed House30, Carter Drive, Romford, RM5 2PD30, Carter Drive, Romford, RM5 2PD
- Sold Aug 2023£475,000 | 3 Bed House58, Carter Drive, Romford, RM5 2PD58, Carter Drive, Romford, RM5 2PD
- Sold Oct 2022£430,000 | 3 Bed House38, Carter Drive, Romford, RM5 2PD38, Carter Drive, Romford, RM5 2PD
Nearby Postcodes
RM5 2PD is the 216th largest and the 283rd most expensive postcode out of the 369 postcodes in the RM5 area.
- RM5 2PH, Carter Drive, Romford, RM5RM5 2PH26 Addresses|35 m away
- RM5 2PA, Sheila Close, Romford, RM5RM5 2PA20 Addresses|69 m away
- RM5 2LU, Turpin Avenue, Romford, RM5RM5 2LU32 Addresses|112 m away
- RM5 2PL, Judith Avenue, Romford, RM5RM5 2PL23 Addresses|119 m away
- RM5 2NU, Sheila Road, Romford, RM5RM5 2NU24 Addresses|127 m away
Property Types
- 3 houses of an unknown age
- 15 early-century houses built between 1912 and 1935
- 5 other addresses of unknown type
- house (3)
- early-century house (15)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 16 properties.
- The most common rating is D.
- A (0)
- E (6)
- B (0)
- F (1)
- C (0)
- G (0)
- D (9)
- No EPC (7)
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 School700 m away
- Oasis Academy Pinewood900 m away
- Bower Park Academy1.6 km away
- Marshalls Park Academy2.2 km away
- The Warren School3.1 km away
More reading links
Public Transport Nearby
The closest station to RM5 2PD is Romford station, which is 3.5 kilometres away.
- Romford|3.5 km away
- Gidea Park|4.0 km away