Playfield Avenue - RM5 3LB
Key Postcode Insights
RM5 3LB is a residential postcode situated on Playfield Avenue, Romford, RM5 with 21 addresses.
It ranks as the 206th largest and 201st 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 21 properties: 21 houses.
- Ave. Sale Price
- £432,579
- 10 Year change
- up 28.9%
- Ave. Rental Price
- £2,463pcm
- 10 Year change
- up 49.4%
- Ave. £ per ft²
- £562/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Key Postcode Insights
RM5 3LB is a residential postcode situated on Playfield Avenue, Romford, RM5 with 21 addresses.
It ranks as the 206th largest and 201st 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 21 properties: 21 houses.
- Ave. Sale Price
- £432,579
- 10 Year change
- up 28.9%
- Ave. Rental Price
- £2,463pcm
- 10 Year change
- up 49.4%
- Ave. £ per ft²
- £562/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Explore Propertiesin RM5 3LB
- 21 Playfield Avenue
Unknown
- 23 Playfield Avenue
3 Bed Early-century House
- 25 Playfield Avenue
3 Bed Mid-century House
- 27 Playfield Avenue
Unknown
- 29 Playfield Avenue
3 Bed House
Sales Market Trends
The last sale in RM5 3LB sold for £450,000 on 8th August 2025. Since then prices are down an average of 0.5%.
The current average value in the postcode is £432,579.
The RM5 3LB Sales Market has increased by 28.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.1% | £432,579 |
| June 2025 | 2.2% | £432,195 |
| June 2024 | -0.8% | £422,810 |
| June 2023 | -0.3% | £426,159 |
| June 2022 | 12% | £427,543 |
| June 2021 | 6.3% | £381,829 |
| June 2020 | 2.4% | £359,250 |
| June 2019 | 1.2% | £350,808 |
| June 2018 | -0.2% | £346,543 |
| June 2017 | 3.5% | £347,300 |
| June 2016 | 18% | £335,592 |
| June 2015 | 12.6% | £284,357 |
| June 2014 | 14% | £252,622 |
| June 2013 | 2.5% | £221,539 |
| June 2012 | 3.1% | £216,159 |
| June 2011 | -0.3% | £209,688 |
| June 2010 | 9.5% | £210,362 |
| June 2009 | -11.8% | £192,078 |
| June 2008 | 0.6% | £217,688 |
| June 2007 | 0% | £216,364 |
Rental Market Trends
The current average rental value in the postcode is £2,463.
The RM5 3LB Rental Market has increased by 49.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £2,463pcm |
| June 2025 | 4.9% | £2,402pcm |
| June 2024 | 5.8% | £2,289pcm |
| June 2023 | 15.7% | £2,164pcm |
| June 2022 | 8.2% | £1,871pcm |
| June 2021 | 1.6% | £1,728pcm |
| June 2020 | 2.6% | £1,701pcm |
| June 2019 | 2.3% | £1,658pcm |
| June 2018 | 0.1% | £1,620pcm |
| June 2017 | -1.8% | £1,619pcm |
| June 2016 | 6.8% | £1,649pcm |
| June 2015 | 7.2% | £1,543pcm |
| June 2014 | 9.1% | £1,440pcm |
| June 2013 | 4.6% | £1,320pcm |
| June 2012 | 4.3% | £1,262pcm |
| June 2011 | 7.5% | £1,210pcm |
| June 2010 | 5.3% | £1,125pcm |
| June 2009 | -4.2% | £1,068pcm |
| June 2008 | 8% | £1,115pcm |
| June 2007 | 0% | £1,032pcm |
Sales History
The last sale was on 8th August 2025 for £450,000 and since then the market in the area has decreased by 0.5%. The postcode has had a total of 32 sales since 1995.
RM5 3LB has seen 4 sales in the last three years and 1 sale in the last twelve months.
- Sold Aug 2025£450,000 | 3 Bed House38, Playfield Avenue, Romford, RM5 3LB38, Playfield Avenue, Romford, RM5 3LB
- Sold Feb 2025£425,000 | 3 Bed House35, Playfield Avenue, Romford, RM5 3LB35, Playfield Avenue, Romford, RM5 3LB
- Sold Jan 2025£375,000 | 2 Bed House33, Playfield Avenue, Romford, RM5 3LB33, Playfield Avenue, Romford, RM5 3LB
- Sold Dec 2023£330,000 | 2 Bed House31, Playfield Avenue, Romford, RM5 3LB31, Playfield Avenue, Romford, RM5 3LB
- Sold May 2022£408,000 | 3 Bed House38, Playfield Avenue, Romford, RM5 3LB38, Playfield Avenue, Romford, RM5 3LB
Nearby Postcodes
RM5 3LB is the 206th largest and the 201st most expensive postcode out of the 369 postcodes in the RM5 area.
- RM5 3LD, Playfield Avenue, Romford, RM5RM5 3LD15 Addresses|84 m away
- RM5 3JL, Selsdon Close, Romford, RM5RM5 3JL16 Addresses|87 m away
- RM5 3LH, Hillfoot Avenue, Romford, RM5RM5 3LH32 Addresses|124 m away
- RM5 3LA, Brockley Crescent, Romford, RM5RM5 3LA36 Addresses|124 m away
- RM5 3JJ, Erith Crescent, Romford, RM5RM5 3JJ44 Addresses|134 m away
Property Types
- 5 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 7 early-century houses built between 1912 and 1935
- 8 other addresses of unknown type
- mid-century house (5)
- house (1)
- early-century house (7)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 12 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (3)
- G (0)
- D (8)
- No EPC (9)
Top 3 Most Expensive Sales
- Sold Apr 2023£535,000 | 4 Bed House2A, Playfield Avenue, Romford, RM5 3JH2A, Playfield Avenue, Romford, RM5 3JH
- Sold Sep 2016£500,000 | 4 Bed House30, Playfield Avenue, Romford, RM5 3LD30, Playfield Avenue, Romford, RM5 3LD
- Sold Aug 2021£485,000 | 4 Bed House54, Playfield Avenue, Romford, RM5 3LB54, Playfield Avenue, Romford, RM5 3LB
Schools Nearby
- St Patrick's Catholic Primary School500 m away
- Clockhouse Primary School600 m away
- Rise Park Junior School800 m away
- Bower Park Academy1.4 km away
- Marshalls Park Academy1.4 km away
- St Edward's Church of England Academy2.8 km away
More reading links
Public Transport Nearby
The closest station to RM5 3LB is Romford station, which is 2.7 kilometres away.
- Romford|2.7 km away
- Gidea Park|3.2 km away
