Takeley Close - RM5 3GP
Key Postcode Insights
RM5 3GP is a residential postcode situated on Takeley Close, Romford, RM5 with 3 addresses.
It ranks as the 24th largest and 304th most expensive of the 369 postcodes in the RM5 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 3 properties: 3 houses.
- Ave. Sale Price
- £463,054
- 10 Year change
- up 27.4%
- Ave. Rental Price
- £2,628pcm
- 10 Year change
- up 51.0%
- Ave. £ per ft²
- £444/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Key Postcode Insights
RM5 3GP is a residential postcode situated on Takeley Close, Romford, RM5 with 3 addresses.
It ranks as the 24th largest and 304th most expensive of the 369 postcodes in the RM5 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 3 properties: 3 houses.
- Ave. Sale Price
- £463,054
- 10 Year change
- up 27.4%
- Ave. Rental Price
- £2,628pcm
- 10 Year change
- up 51.0%
- Ave. £ per ft²
- £444/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Explore Propertiesin RM5 3GP
- 1 Broxted Terrace Takeley Close
3 Bed Modern House
- 2 Broxted Terrace Takeley Close
3 Bed Modern House
- 1A Broxted Terrace Takeley Close
3 Bed Modern House
Sales Market Trends
The last sale in RM5 3GP sold for £457,500 on 27th April 2022. Since then prices are up an average of 3.7%.
The current average value in the postcode is £463,054.
The RM5 3GP Sales Market has increased by 27.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.3% | £463,054 |
| June 2025 | 2.5% | £461,683 |
| June 2024 | -0.7% | £450,300 |
| June 2023 | -0.4% | £453,268 |
| June 2022 | 11.3% | £455,167 |
| June 2021 | 5.9% | £409,070 |
| June 2020 | 2.1% | £386,363 |
| June 2019 | 0.5% | £378,397 |
| June 2018 | -0.2% | £376,328 |
| June 2017 | 3.7% | £377,051 |
| June 2016 | 18.7% | £363,567 |
| June 2015 | 12.9% | £306,247 |
| June 2014 | 13.5% | £271,157 |
| June 2013 | 2.7% | £238,918 |
| June 2012 | 2.3% | £232,603 |
| June 2011 | -0.2% | £227,330 |
| June 2010 | 9.1% | £227,695 |
| June 2009 | -12.2% | £208,662 |
| June 2008 | 0.6% | £237,676 |
| June 2007 | 0% | £236,219 |
Rental Market Trends
The current average rental value in the postcode is £2,628.
The RM5 3GP Rental Market has increased by 51.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £2,628pcm |
| June 2025 | 4.2% | £2,556pcm |
| June 2024 | 6.9% | £2,454pcm |
| June 2023 | 15.6% | £2,295pcm |
| June 2022 | 8.1% | £1,984pcm |
| June 2021 | 2.4% | £1,835pcm |
| June 2020 | 2.6% | £1,792pcm |
| June 2019 | 1.9% | £1,746pcm |
| June 2018 | -0.5% | £1,713pcm |
| June 2017 | -1% | £1,722pcm |
| June 2016 | 7.2% | £1,740pcm |
| June 2015 | 8.3% | £1,623pcm |
| June 2014 | 7.9% | £1,499pcm |
| June 2013 | 4.7% | £1,389pcm |
| June 2012 | 3.8% | £1,327pcm |
| June 2011 | 6.7% | £1,279pcm |
| June 2010 | 5.4% | £1,199pcm |
| June 2009 | -4.6% | £1,137pcm |
| June 2008 | 8.2% | £1,192pcm |
| June 2007 | 0% | £1,101pcm |
Sales History
The last sale was on 27th April 2022 for £457,500 and since then the market in the area has increased by 3.7%. The postcode has had a total of 3 sales since 1995.
RM5 3GP has seen no sales in the last three years and no sales in the last twelve months.
- Sold Apr 2022£457,500 | 3 Bed House1 Broxted Terrace, Takeley Close, Romford, RM5 3GP1 Broxted Terrace, Takeley Close, Romford, RM5 3GP
- Sold Jun 2001£115,000 | 3 Bed House1 Broxted Terrace, Takeley Close, Romford, RM5 3GP1 Broxted Terrace, Takeley Close, Romford, RM5 3GP
- Sold Dec 1999£83,000 | 3 Bed House1 Broxted Terrace, Takeley Close, Romford, RM5 3GP1 Broxted Terrace, Takeley Close, Romford, RM5 3GP
Nearby Postcodes
RM5 3GP is the 24th largest and the 304th most expensive postcode out of the 369 postcodes in the RM5 area.
- RM5 3EP, Horndon Road, Romford, RM5RM5 3EP27 Addresses|73 m away
- RM5 3ET, Mowbrays Road, Romford, RM5RM5 3ET54 Addresses|76 m away
- RM5 3PX, Takeley Close, Romford, RM5RM5 3PX17 Addresses|79 m away
- RM5 3ES, Saffron Road, Romford, RM5RM5 3ES33 Addresses|96 m away
- RM5 3EX, William Close, Romford, RM5RM5 3EX30 Addresses|118 m away
Property Types
- 3 modern houses built after 1980
- modern house (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (3)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Dec 2024£485,000 | 3 Bed House1, Takeley Close, Romford, RM5 3PX1, Takeley Close, Romford, RM5 3PX
- Sold Apr 2022£457,500 | 3 Bed House1 Broxted Terrace, Takeley Close, Romford, RM5 3GP1 Broxted Terrace, Takeley Close, Romford, RM5 3GP
- Sold Jun 2025£418,000 | 3 Bed House14, Takeley Close, Romford, RM5 3PX14, Takeley Close, Romford, RM5 3PX
Schools Nearby
- Parklands Primary School500 m away
- Rise Park Junior School600 m away
- Rise Park Infant School600 m away
- Marshalls Park Academy900 m away
- Bower Park Academy1.5 km away
- St Edward's Church of England Academy2.5 km away
More reading links
Public Transport Nearby
The closest station to RM5 3GP is Romford station, which is 2.2 kilometres away.
- Romford|2.2 km away
- Gidea Park|2.7 km away