Carter Drive - RM5 2PJ
Key Postcode Insights
RM5 2PJ is a residential postcode situated on Carter Drive, Romford, RM5 with 15 addresses.
It ranks as the 141st largest and 165th 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 15 properties: 15 houses.
- Ave. Sale Price
- £432,564
- 10 Year change
- up 28.8%
- Ave. Rental Price
- £2,556pcm
- 10 Year change
- up 47.7%
- Ave. £ per ft²
- £511/ft²
- Ave. Gross Yield
- 7.1%/year/yr
Key Postcode Insights
RM5 2PJ is a residential postcode situated on Carter Drive, Romford, RM5 with 15 addresses.
It ranks as the 141st largest and 165th 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 15 properties: 15 houses.
- Ave. Sale Price
- £432,564
- 10 Year change
- up 28.8%
- Ave. Rental Price
- £2,556pcm
- 10 Year change
- up 47.7%
- Ave. £ per ft²
- £511/ft²
- Ave. Gross Yield
- 7.1%/year/yr
Explore Propertiesin RM5 2PJ
- 60 Carter Drive
3 Bed Early-century House
- 62 Carter Drive
Unknown
- 64 Carter Drive
Unknown
- 66 Carter Drive
4 Bed Early-century House
- 81 Carter Drive
3 Bed Early-century House
Sales Market Trends
The last sale in RM5 2PJ sold for £440,000 on 1st August 2025. Since then prices are up an average of 3.2%.
The current average value in the postcode is £432,564.
The RM5 2PJ Sales Market has increased by 28.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.6% | £432,564 |
| June 2025 | 2% | £435,228 |
| June 2024 | -0.9% | £426,761 |
| June 2023 | -0.1% | £430,478 |
| June 2022 | 12.1% | £431,063 |
| June 2021 | 6.3% | £384,393 |
| June 2020 | 2.6% | £361,543 |
| June 2019 | 1.7% | £352,466 |
| June 2018 | -0.1% | £346,536 |
| June 2017 | 3.3% | £346,952 |
| June 2016 | 17.1% | £335,783 |
| June 2015 | 11.9% | £286,726 |
| June 2014 | 13.7% | £256,331 |
| June 2013 | 2.5% | £225,439 |
| June 2012 | 3% | £219,971 |
| June 2011 | 0.2% | £213,638 |
| June 2010 | 10.5% | £213,264 |
| June 2009 | -10.7% | £193,031 |
| June 2008 | 0.7% | £216,279 |
| June 2007 | 0% | £214,840 |
Rental Market Trends
The current average rental value in the postcode is £2,556.
The RM5 2PJ Rental Market has increased by 47.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.8% | £2,556pcm |
| June 2025 | 5.2% | £2,510pcm |
| June 2024 | 5.2% | £2,385pcm |
| June 2023 | 15.9% | £2,267pcm |
| June 2022 | 8.1% | £1,957pcm |
| June 2021 | 1.1% | £1,810pcm |
| June 2020 | 2.6% | £1,790pcm |
| June 2019 | 2.7% | £1,745pcm |
| June 2018 | 0.5% | £1,700pcm |
| June 2017 | -2.2% | £1,692pcm |
| June 2016 | 6.1% | £1,730pcm |
| June 2015 | 6.2% | £1,630pcm |
| June 2014 | 9.1% | £1,535pcm |
| June 2013 | 4.7% | £1,408pcm |
| June 2012 | 4% | £1,345pcm |
| June 2011 | 8.6% | £1,292pcm |
| June 2010 | 6% | £1,190pcm |
| June 2009 | -3.1% | £1,122pcm |
| June 2008 | 8.1% | £1,159pcm |
| June 2007 | 0% | £1,072pcm |
Sales History
The last sale was on 1st August 2025 for £440,000 and since then the market in the area has increased by 3.2%. The postcode has had a total of 20 sales since 1995.
RM5 2PJ has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Aug 2025£440,000 | 3 Bed House83, Carter Drive, Romford, RM5 2PJ83, Carter Drive, Romford, RM5 2PJ
- Sold Mar 2024£420,000 | 3 Bed House97, Carter Drive, Romford, RM5 2PJ97, Carter Drive, Romford, RM5 2PJ
- Sold Sep 2021£325,000 | 3 Bed House89, Carter Drive, Romford, RM5 2PJ89, Carter Drive, Romford, RM5 2PJ
- Sold Jul 2021£360,000 | 3 Bed House87, Carter Drive, Romford, RM5 2PJ87, Carter Drive, Romford, RM5 2PJ
- Sold Feb 2021£362,500 | 3 Bed House91, Carter Drive, Romford, RM5 2PJ91, Carter Drive, Romford, RM5 2PJ
Nearby Postcodes
RM5 2PJ is the 141st largest and the 165th most expensive postcode out of the 369 postcodes in the RM5 area.
- RM5 2UU, Carter Drive, Romford, RM5RM5 2UU13 Addresses|76 m away
- RM5 2HY, Turpin Avenue, Romford, RM5RM5 2HY34 Addresses|81 m away
- RM5 2PL, Judith Avenue, Romford, RM5RM5 2PL23 Addresses|86 m away
- RM5 2QT, Lynwood Drive, Romford, RM5RM5 2QT35 Addresses|109 m away
- RM5 2EW, Aragon Close, Romford, RM5RM5 2EW10 Addresses|139 m away
Property Types
- 1 mid-century house built between 1936 and 1979
- 8 early-century houses built between 1912 and 1935
- 6 other addresses of unknown type
- mid-century house (1)
- early-century house (8)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (0)
- G (0)
- D (6)
- 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
- Oasis Academy Pinewood800 m away
- St Patrick's Catholic Primary School800 m away
- Bower Park Academy1.5 km away
- Marshalls Park Academy2.3 km away
- Forest Academy3.1 km away
More reading links
Public Transport Nearby
The closest station to RM5 2PJ is Romford station, which is 3.6 kilometres away.
- Romford|3.6 km away
- Gidea Park|4.0 km away
