Carter Drive - RM5 2TU
Key Postcode Insights
RM5 2TU is a residential postcode situated on Carter Drive, Romford, RM5 with 13 addresses.
It ranks as the 118th largest and 224th 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 13 properties: 13 houses.
- Ave. Sale Price
- £489,085
- 10 Year change
- up 29.2%
- Ave. Rental Price
- £2,777pcm
- 10 Year change
- up 48.5%
- Ave. £ per ft²
- £465/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Key Postcode Insights
RM5 2TU is a residential postcode situated on Carter Drive, Romford, RM5 with 13 addresses.
It ranks as the 118th largest and 224th 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 13 properties: 13 houses.
- Ave. Sale Price
- £489,085
- 10 Year change
- up 29.2%
- Ave. Rental Price
- £2,777pcm
- 10 Year change
- up 48.5%
- Ave. £ per ft²
- £465/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Explore Propertiesin RM5 2TU
- 146 Carter Drive
Unknown
- 148 Carter Drive
Unknown
- 150 Carter Drive
Unknown
- 152 Carter Drive
3 Bed Early-century House
- 154 Carter Drive
Unknown
Sales Market Trends
The last sale in RM5 2TU sold for £560,000 on 17th December 2024. Since then prices are up an average of 3.7%.
The current average value in the postcode is £489,085.
The RM5 2TU Sales Market has increased by 29.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.1% | £489,085 |
| June 2025 | 2.2% | £489,593 |
| June 2024 | -1% | £479,073 |
| June 2023 | -0.1% | £483,715 |
| June 2022 | 12.2% | £484,313 |
| June 2021 | 6.3% | £431,497 |
| June 2020 | 2.5% | £405,878 |
| June 2019 | 1.5% | £395,924 |
| June 2018 | -0.3% | £390,169 |
| June 2017 | 3.4% | £391,185 |
| June 2016 | 17.8% | £378,405 |
| June 2015 | 12.5% | £321,329 |
| June 2014 | 14.1% | £285,598 |
| June 2013 | 2.4% | £250,215 |
| June 2012 | 3.3% | £244,324 |
| June 2011 | -0.4% | £236,475 |
| June 2010 | 9.8% | £237,367 |
| June 2009 | -11.6% | £216,271 |
| June 2008 | 0.8% | £244,545 |
| June 2007 | 0% | £242,577 |
Rental Market Trends
The current average rental value in the postcode is £2,777.
The RM5 2TU Rental Market has increased by 48.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £2,777pcm |
| June 2025 | 5.3% | £2,713pcm |
| June 2024 | 5.2% | £2,576pcm |
| June 2023 | 15.8% | £2,448pcm |
| June 2022 | 8.3% | £2,114pcm |
| June 2021 | 1.2% | £1,952pcm |
| June 2020 | 2.5% | £1,929pcm |
| June 2019 | 2.5% | £1,881pcm |
| June 2018 | 0.2% | £1,835pcm |
| June 2017 | -2.1% | £1,831pcm |
| June 2016 | 6.8% | £1,870pcm |
| June 2015 | 6.9% | £1,752pcm |
| June 2014 | 9.4% | £1,639pcm |
| June 2013 | 4.6% | £1,498pcm |
| June 2012 | 4.4% | £1,432pcm |
| June 2011 | 7.9% | £1,372pcm |
| June 2010 | 5.4% | £1,271pcm |
| June 2009 | -4% | £1,206pcm |
| June 2008 | 8.2% | £1,257pcm |
| June 2007 | 0% | £1,162pcm |
Sales History
The last sale was on 17th December 2024 for £560,000 and since then the market in the area has increased by 3.7%. The postcode has had a total of 11 sales since 1995.
RM5 2TU has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Dec 2024£560,000 | 3 Bed House307, Carter Drive, Romford, RM5 2TU307, Carter Drive, Romford, RM5 2TU
- Sold Dec 2023£415,000 | 3 Bed House152, Carter Drive, Romford, RM5 2TU152, Carter Drive, Romford, RM5 2TU
- Sold Sep 2021£420,000 | 3 Bed House303, Carter Drive, Romford, RM5 2TU303, Carter Drive, Romford, RM5 2TU
- Sold Sep 2017£575,000 | 4 Bed House156, Carter Drive, Romford, RM5 2TU156, Carter Drive, Romford, RM5 2TU
- Sold Jun 2016£385,000 | 3 Bed House297, Carter Drive, Romford, RM5 2TU297, Carter Drive, Romford, RM5 2TU
Nearby Postcodes
RM5 2TU is the 118th largest and the 224th most expensive postcode out of the 369 postcodes in the RM5 area.
- RM5 2TX, Thistledene Avenue, Romford, RM5RM5 2TX3 Addresses|72 m away
- RM5 2TT, Carter Drive, Romford, RM5RM5 2TT41 Addresses|126 m away
- RM5 2HF, Patmore Way, Romford, RM5RM5 2HF20 Addresses|136 m away
- RM5 2HE, Patmore Way, Romford, RM5RM5 2HE14 Addresses|143 m away
- RM5 2UA, Lulworth Drive, Romford, RM5RM5 2UA18 Addresses|204 m away
Property Types
- 1 mid-century house built between 1936 and 1979
- 5 early-century houses built between 1912 and 1935
- 7 other addresses of unknown type
- mid-century house (1)
- early-century house (5)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (1)
- C (0)
- G (0)
- D (4)
- 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
- Oasis Academy Pinewood100 m away
- Clockhouse Primary School1.0 km away
- St Patrick's Catholic Primary School1.6 km away
- Bower Park Academy1.5 km away
- Marshalls Park Academy2.8 km away
- Forest Academy3.2 km away
More reading links
Public Transport Nearby
The closest station to RM5 2TU is Romford station, which is 4.3 kilometres away.
- Romford|4.3 km away
- Gidea Park|4.5 km away
