Firbank Road - RM5 2TP
Key Postcode Insights
RM5 2TP is a residential postcode situated on Firbank Road, Romford, RM5 with 41 addresses.
It ranks as the 328th largest and 34th most expensive of the 369 postcodes in the RM5 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 41 properties: 17 houses and 24 flats.
- Ave. Sale Price
- £307,504
- 10 Year change
- up 20.2%
- Ave. Rental Price
- £1,992pcm
- 10 Year change
- up 38.0%
- Ave. £ per ft²
- £357/ft²
- Ave. Gross Yield
- 7.8%/year/yr
Key Postcode Insights
RM5 2TP is a residential postcode situated on Firbank Road, Romford, RM5 with 41 addresses.
It ranks as the 328th largest and 34th most expensive of the 369 postcodes in the RM5 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 41 properties: 17 houses and 24 flats.
- Ave. Sale Price
- £307,504
- 10 Year change
- up 20.2%
- Ave. Rental Price
- £1,992pcm
- 10 Year change
- up 38.0%
- Ave. £ per ft²
- £357/ft²
- Ave. Gross Yield
- 7.8%/year/yr
Explore Propertiesin RM5 2TP
- 1 Firbank Road
3 Bed House
- 2 Firbank Road
Building  |  2 Flats
- 3 Firbank Road
3 Bed Early-century House
- 4 Firbank Road
Building  |  2 Flats
- 5 Firbank Road
Unknown
Sales Market Trends
The last sale in RM5 2TP sold for £350,000 on 17th September 2025. Since then prices are up an average of 0.1%.
The current average value in the postcode is £307,504.
The RM5 2TP Sales Market has increased by 20.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.5% | £307,504 |
| June 2025 | 1.5% | £305,847 |
| June 2024 | 0% | £301,456 |
| June 2023 | -1.1% | £301,539 |
| June 2022 | 9.8% | £304,863 |
| June 2021 | 4.3% | £277,614 |
| June 2020 | 2.5% | £266,289 |
| June 2019 | 0.2% | £259,862 |
| June 2018 | -1.4% | £259,329 |
| June 2017 | 2.8% | £263,035 |
| June 2016 | 18.4% | £255,833 |
| June 2015 | 12.8% | £216,166 |
| June 2014 | 13.6% | £191,692 |
| June 2013 | 2.2% | £168,794 |
| June 2012 | 2.5% | £165,134 |
| June 2011 | -1.4% | £161,072 |
| June 2010 | 6.4% | £163,350 |
| June 2009 | -13.4% | £153,558 |
| June 2008 | 1.3% | £177,254 |
| June 2007 | 0% | £175,058 |
Rental Market Trends
The current average rental value in the postcode is £1,992.
The RM5 2TP Rental Market has increased by 38.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £1,992pcm |
| June 2025 | 4.6% | £1,934pcm |
| June 2024 | 6.2% | £1,849pcm |
| June 2023 | 14.7% | £1,741pcm |
| June 2022 | 5.9% | £1,518pcm |
| June 2021 | -0.8% | £1,433pcm |
| June 2020 | 2.5% | £1,444pcm |
| June 2019 | 1.2% | £1,409pcm |
| June 2018 | -0.9% | £1,393pcm |
| June 2017 | -2.7% | £1,405pcm |
| June 2016 | 7.3% | £1,444pcm |
| June 2015 | 7.1% | £1,346pcm |
| June 2014 | 8.9% | £1,256pcm |
| June 2013 | 4.4% | £1,154pcm |
| June 2012 | 3.6% | £1,106pcm |
| June 2011 | 6.8% | £1,067pcm |
| June 2010 | 2.1% | £999pcm |
| June 2009 | -6% | £978pcm |
| June 2008 | 8.6% | £1,040pcm |
| June 2007 | 0% | £958pcm |
Sales History
The last sale was on 17th September 2025 for £350,000 and since then the market in the area has increased by 0.1%. The postcode has had a total of 39 sales since 1995.
RM5 2TP has seen 4 sales in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£350,000 | 3 Bed House3, Firbank Road, Romford, RM5 2TP3, Firbank Road, Romford, RM5 2TP
- Sold Mar 2025£235,000 | 2 Bed Flat4A, Firbank Road, Romford, RM5 2TP4A, Firbank Road, Romford, RM5 2TP
- Sold Oct 2024£430,000 | 3 Bed House33, Firbank Road, Romford, RM5 2TP33, Firbank Road, Romford, RM5 2TP
- Sold Apr 2023£253,000 | 2 Bed Flat2A, Firbank Road, Romford, RM5 2TP2A, Firbank Road, Romford, RM5 2TP
- Sold May 2022£120,000 | 1 Bed Flat16A, Firbank Road, Romford, RM5 2TP16A, Firbank Road, Romford, RM5 2TP
Nearby Postcodes
RM5 2TP is the 328th largest and the 34th most expensive postcode out of the 369 postcodes in the RM5 area.
- RM5 2TR, Firbank Road, Romford, RM5RM5 2TR18 Addresses|99 m away
- RM5 2UA, Lulworth Drive, Romford, RM5RM5 2UA18 Addresses|105 m away
- RM5 2UD, Ravenswood Close, Romford, RM5RM5 2UD40 Addresses|107 m away
- RM5 2DF, St. Johns Road, Romford, RM5RM5 2DF12 Addresses|109 m away
- RM5 2DG, Clockhouse Lane, Romford, RM5RM5 2DG10 Addresses|110 m away
Property Types
- 7 mid-century houses built between 1936 and 1979
- 24 mid-century flats built between 1936 and 1979
- 1 house of an unknown age
- 3 early-century houses built between 1912 and 1935
- 6 other addresses of unknown type
- mid-century house (7)
- mid-century flat (24)
- house (1)
- early-century house (3)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 30 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (18)
- G (0)
- D (12)
- No EPC (11)
Top 3 Most Expensive Sales
- Sold May 2023£545,000 | 4 Bed House44, Firbank Road, Romford, RM5 2TR44, Firbank Road, Romford, RM5 2TR
- Sold Mar 2025£470,000 | 4 Bed House30, Firbank Road, Romford, RM5 2TR30, Firbank Road, Romford, RM5 2TR
- Sold Mar 2023£450,000 | 3 Bed House45, Firbank Road, Romford, RM5 2TR45, Firbank Road, Romford, RM5 2TR
Schools Nearby
- Oasis Academy Pinewood200 m away
- Clockhouse Primary School800 m away
- St Patrick's Catholic Primary School1.5 km away
- Bower Park Academy1.3 km away
- Marshalls Park Academy2.5 km away
- Forest Academy3.4 km away
More reading links
Public Transport Nearby
The closest station to RM5 2TP is Romford station, which is 4.0 kilometres away.
- Romford|4.0 km away
- Gidea Park|4.2 km away
