Carter Drive - RM5 2TT
Key Postcode Insights
RM5 2TT is a residential postcode situated on Carter Drive, Romford, RM5 with 41 addresses.
It ranks as the 329th largest and 277th 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 41 properties: 39 houses and 2 flats.
- Ave. Sale Price
- £454,306
- 10 Year change
- up 26.4%
- Ave. Rental Price
- £2,670pcm
- 10 Year change
- up 45.2%
- Ave. £ per ft²
- £457/ft²
- Ave. Gross Yield
- 7.1%/year/yr
Key Postcode Insights
RM5 2TT is a residential postcode situated on Carter Drive, Romford, RM5 with 41 addresses.
It ranks as the 329th largest and 277th 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 41 properties: 39 houses and 2 flats.
- Ave. Sale Price
- £454,306
- 10 Year change
- up 26.4%
- Ave. Rental Price
- £2,670pcm
- 10 Year change
- up 45.2%
- Ave. £ per ft²
- £457/ft²
- Ave. Gross Yield
- 7.1%/year/yr
Explore Propertiesin RM5 2TT
- 112 Carter Drive
3 Bed Early-century House
- 114 Carter Drive
Unknown
- 116 Carter Drive
3 Bed Early-century House
- 118 Carter Drive
Unknown
- 120 Carter Drive
3 Bed Early-century House
Sales Market Trends
The last sale in RM5 2TT sold for £465,000 on 5th February 2026. Since then prices are down an average of 0.9%.
The current average value in the postcode is £454,306.
The RM5 2TT Sales Market has increased by 26.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.5% | £454,306 |
| June 2025 | 2% | £452,131 |
| June 2024 | -0.6% | £443,332 |
| June 2023 | -0.5% | £446,060 |
| June 2022 | 11.5% | £448,527 |
| June 2021 | 5.7% | £402,375 |
| June 2020 | 2.5% | £380,811 |
| June 2019 | 0.9% | £371,537 |
| June 2018 | -0.7% | £368,150 |
| June 2017 | 3.2% | £370,899 |
| June 2016 | 18.3% | £359,394 |
| June 2015 | 12.9% | £303,793 |
| June 2014 | 14.3% | £269,052 |
| June 2013 | 2.3% | £235,446 |
| June 2012 | 3.3% | £230,200 |
| June 2011 | -1.1% | £222,847 |
| June 2010 | 8% | £225,344 |
| June 2009 | -12.7% | £208,587 |
| June 2008 | 0.9% | £238,868 |
| June 2007 | 0% | £236,661 |
Rental Market Trends
The current average rental value in the postcode is £2,670.
The RM5 2TT Rental Market has increased by 45.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £2,670pcm |
| June 2025 | 5.1% | £2,593pcm |
| June 2024 | 5.6% | £2,467pcm |
| June 2023 | 15.3% | £2,336pcm |
| June 2022 | 7.6% | £2,026pcm |
| June 2021 | 0.6% | £1,884pcm |
| June 2020 | 2.5% | £1,873pcm |
| June 2019 | 1.9% | £1,827pcm |
| June 2018 | -0.2% | £1,792pcm |
| June 2017 | -2.3% | £1,797pcm |
| June 2016 | 7.3% | £1,839pcm |
| June 2015 | 7.3% | £1,714pcm |
| June 2014 | 9.5% | £1,598pcm |
| June 2013 | 4.5% | £1,459pcm |
| June 2012 | 4.4% | £1,396pcm |
| June 2011 | 7.1% | £1,338pcm |
| June 2010 | 3.7% | £1,249pcm |
| June 2009 | -5.2% | £1,204pcm |
| June 2008 | 8.3% | £1,271pcm |
| June 2007 | 0% | £1,173pcm |
Sales History
The last sale was on 5th February 2026 for £465,000 and since then the market in the area has decreased by 0.9%. The postcode has had a total of 46 sales since 1995.
RM5 2TT has seen 6 sales in the last three years and 2 sales in the last twelve months.
- Sold Feb 2026£465,000 | 3 Bed House116, Carter Drive, Romford, RM5 2TT116, Carter Drive, Romford, RM5 2TT
- Sold Aug 2025£457,000 | 3 Bed House267, Carter Drive, Romford, RM5 2TT267, Carter Drive, Romford, RM5 2TT
- Sold Mar 2025£460,000 | 3 Bed House120, Carter Drive, Romford, RM5 2TT120, Carter Drive, Romford, RM5 2TT
- Sold Jan 2025£475,000 | 3 Bed House126, Carter Drive, Romford, RM5 2TT126, Carter Drive, Romford, RM5 2TT
- Sold Sep 2024£635,000 | 4 Bed House293, Carter Drive, Romford, RM5 2TT293, Carter Drive, Romford, RM5 2TT
Nearby Postcodes
RM5 2TT is the 329th largest and the 277th most expensive postcode out of the 369 postcodes in the RM5 area.
- RM5 2TX, Thistledene Avenue, Romford, RM5RM5 2TX3 Addresses|80 m away
- RM5 2HF, Patmore Way, Romford, RM5RM5 2HF20 Addresses|90 m away
- RM5 2UA, Lulworth Drive, Romford, RM5RM5 2UA18 Addresses|92 m away
- RM5 2HW, Cornell Way, Romford, RM5RM5 2HW7 Addresses|114 m away
- RM5 2TR, Firbank Road, Romford, RM5RM5 2TR18 Addresses|120 m away
Property Types
- 9 mid-century houses built between 1936 and 1979
- 3 mid-century flats built between 1936 and 1979
- 2 houses of an unknown age
- 13 early-century houses built between 1912 and 1935
- 14 other addresses of unknown type
- mid-century house (9)
- mid-century flat (3)
- house (2)
- early-century house (13)
- Unknown (14)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 25 properties.
- The most common rating is D.
- A (0)
- E (7)
- B (0)
- F (2)
- C (2)
- G (0)
- D (14)
- No EPC (16)
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
- Oasis Academy Pinewood100 m away
- Clockhouse Primary School900 m away
- St Patrick's Catholic Primary School1.5 km away
- Bower Park Academy1.5 km away
- Marshalls Park Academy2.7 km away
- Forest Academy3.2 km away
More reading links
Public Transport Nearby
The closest station to RM5 2TT is Romford station, which is 4.2 kilometres away.
- Romford|4.2 km away
- Gidea Park|4.4 km away
