Vernon Road - RM5 3DE
Key Postcode Insights
RM5 3DE is a residential postcode situated on Vernon Road, Romford, RM5 with 12 addresses.
It ranks as the 109th largest and 110th most expensive of the 369 postcodes in the RM5 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 12 properties: 9 houses and 3 flats.
- Ave. Sale Price
- £364,773
- 10 Year change
- up 23.0%
- Ave. Rental Price
- £2,301pcm
- 10 Year change
- up 41.3%
- Ave. £ per ft²
- £457/ft²
- Ave. Gross Yield
- 7.6%/year/yr
Key Postcode Insights
RM5 3DE is a residential postcode situated on Vernon Road, Romford, RM5 with 12 addresses.
It ranks as the 109th largest and 110th most expensive of the 369 postcodes in the RM5 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 12 properties: 9 houses and 3 flats.
- Ave. Sale Price
- £364,773
- 10 Year change
- up 23.0%
- Ave. Rental Price
- £2,301pcm
- 10 Year change
- up 41.3%
- Ave. £ per ft²
- £457/ft²
- Ave. Gross Yield
- 7.6%/year/yr
Explore Propertiesin RM5 3DE
- 1 Vernon Road
Unknown
- 3 Vernon Road
Unknown
- 5 Vernon Road
3 Bed Mid-century House
- 7 Vernon Road
3 Bed Mid-century House
- 9 Vernon Road
3 Bed Mid-century House
Sales Market Trends
The last sale in RM5 3DE sold for £390,000 on 10th May 2024. Since then prices are up an average of 3.4%.
The current average value in the postcode is £364,773.
The RM5 3DE Sales Market has increased by 23.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.8% | £364,773 |
| June 2025 | 1.7% | £362,009 |
| June 2024 | -0.3% | £355,822 |
| June 2023 | -0.9% | £356,919 |
| June 2022 | 10.7% | £360,259 |
| June 2021 | 4.8% | £325,578 |
| June 2020 | 2.4% | £310,559 |
| June 2019 | 0.5% | £303,177 |
| June 2018 | -1.2% | £301,663 |
| June 2017 | 3% | £305,318 |
| June 2016 | 18.6% | £296,466 |
| June 2015 | 13.2% | £249,938 |
| June 2014 | 14.1% | £220,843 |
| June 2013 | 2.2% | £193,504 |
| June 2012 | 3.2% | £189,351 |
| June 2011 | -1.5% | £183,555 |
| June 2010 | 6.7% | £186,436 |
| June 2009 | -13.5% | £174,766 |
| June 2008 | 1.1% | £201,951 |
| June 2007 | 0% | £199,829 |
Rental Market Trends
The current average rental value in the postcode is £2,301.
The RM5 3DE Rental Market has increased by 41.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £2,301pcm |
| June 2025 | 4.9% | £2,229pcm |
| June 2024 | 5.9% | £2,125pcm |
| June 2023 | 14.9% | £2,007pcm |
| June 2022 | 6.7% | £1,747pcm |
| June 2021 | -0.2% | £1,637pcm |
| June 2020 | 2.5% | £1,641pcm |
| June 2019 | 1.5% | £1,601pcm |
| June 2018 | -0.7% | £1,578pcm |
| June 2017 | -2.5% | £1,588pcm |
| June 2016 | 7.5% | £1,629pcm |
| June 2015 | 7.4% | £1,516pcm |
| June 2014 | 9.4% | £1,411pcm |
| June 2013 | 4.3% | £1,289pcm |
| June 2012 | 4.3% | £1,236pcm |
| June 2011 | 6.7% | £1,185pcm |
| June 2010 | 2.4% | £1,111pcm |
| June 2009 | -6% | £1,085pcm |
| June 2008 | 8.5% | £1,155pcm |
| June 2007 | 0% | £1,065pcm |
Sales History
The last sale was on 10th May 2024 for £390,000 and since then the market in the area has increased by 3.4%. The postcode has had a total of 8 sales since 1995.
RM5 3DE has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold May 2024£390,000 | 3 Bed House17, Vernon Road, Romford, RM5 3DE17, Vernon Road, Romford, RM5 3DE
- Sold Sep 2017£210,000 | 2 Bed Flat21, Vernon Road, Romford, RM5 3DE21, Vernon Road, Romford, RM5 3DE
- Sold Mar 2017£315,000 | 3 Bed House9, Vernon Road, Romford, RM5 3DE9, Vernon Road, Romford, RM5 3DE
- Sold Sep 2011£185,000 | 3 Bed House9, Vernon Road, Romford, RM5 3DE9, Vernon Road, Romford, RM5 3DE
- Sold May 2005£155,000 | 3 Bed House11, Vernon Road, Romford, RM5 3DE11, Vernon Road, Romford, RM5 3DE
Nearby Postcodes
RM5 3DE is the 109th largest and the 110th most expensive postcode out of the 369 postcodes in the RM5 area.
- RM5 3DF, Vernon Road, Romford, RM5RM5 3DF7 Addresses|41 m away
- RM5 3GQ, Hollybush Close, Romford, RM5RM5 3GQ4 Addresses|52 m away
- RM5 3BW, Hillrise Road, Romford, RM5RM5 3BW52 Addresses|73 m away
- RM5 3BY, Hillrise Road, Romford, RM5RM5 3BY42 Addresses|92 m away
- RM5 2SA, Kingshill Avenue, Romford, RM5RM5 2SA44 Addresses|118 m away
Property Types
- 4 mid-century houses built between 1936 and 1979
- 2 mid-century flats built between 1936 and 1979
- 6 other addresses of unknown type
- mid-century house (4)
- mid-century flat (2)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (3)
- G (0)
- D (3)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold May 2024£390,000 | 3 Bed House17, Vernon Road, Romford, RM5 3DE17, Vernon Road, Romford, RM5 3DE
- Sold Mar 2021£330,000 | 3 Bed House12, Vernon Road, Romford, RM5 3DF12, Vernon Road, Romford, RM5 3DF
- Sold Mar 2017£315,000 | 3 Bed House9, Vernon Road, Romford, RM5 3DE9, Vernon Road, Romford, RM5 3DE
Schools Nearby
- Clockhouse Primary School800 m away
- Oasis Academy Pinewood800 m away
- Rise Park Junior School1.3 km away
- Bower Park Academy700 m away
- Marshalls Park Academy2.1 km away
- The Royal Liberty School3.6 km away
More reading links
Public Transport Nearby
The closest station to RM5 3DE is Gidea Park station, which is 3.7 kilometres away.
- Gidea Park|3.7 km away
- Romford|3.7 km away
