Chase Cross Road - RM5 3PJ
Key Postcode Insights
RM5 3PJ is a residential postcode situated on Chase Cross Road, Romford, RM5 with 30 addresses.
It ranks as the 264th largest and 91st most expensive of the 369 postcodes in the RM5 area. The most common property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 30 properties: 15 houses and 15 flats.
- Ave. Sale Price
- £384,059
- 10 Year change
- up 21.4%
- Ave. Rental Price
- £2,265pcm
- 10 Year change
- up 39.2%
- Ave. £ per ft²
- £481/ft²
- Ave. Gross Yield
- 7.1%/year/yr
Key Postcode Insights
RM5 3PJ is a residential postcode situated on Chase Cross Road, Romford, RM5 with 30 addresses.
It ranks as the 264th largest and 91st most expensive of the 369 postcodes in the RM5 area. The most common property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 30 properties: 15 houses and 15 flats.
- Ave. Sale Price
- £384,059
- 10 Year change
- up 21.4%
- Ave. Rental Price
- £2,265pcm
- 10 Year change
- up 39.2%
- Ave. £ per ft²
- £481/ft²
- Ave. Gross Yield
- 7.1%/year/yr
Explore Propertiesin RM5 3PJ
- Kiln House
Modern Building | 5 Units
- 1 Chase Cross Road
Building  |  2 Flats
- 3A Chase Cross Road
1 Bed Early-century Flat
- 7 Chase Cross Road
Building  |  2 Flats
- 9A Chase Cross Road
2 Bed Early-century Flat
Sales Market Trends
The last sale in RM5 3PJ sold for £250,000 on 23rd May 2024. Since then prices are up an average of 1.6%.
The current average value in the postcode is £384,059.
The RM5 3PJ Sales Market has increased by 21.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.8% | £384,059 |
| June 2025 | 1.4% | £387,171 |
| June 2024 | -0.4% | £381,675 |
| June 2023 | -0.8% | £383,237 |
| June 2022 | 10.5% | £386,445 |
| June 2021 | 4.6% | £349,642 |
| June 2020 | 2.6% | £334,265 |
| June 2019 | 0.9% | £325,943 |
| June 2018 | -0.8% | £323,157 |
| June 2017 | 2.9% | £325,619 |
| June 2016 | 17% | £316,378 |
| June 2015 | 11.7% | £270,497 |
| June 2014 | 13.3% | £242,101 |
| June 2013 | 2.2% | £213,773 |
| June 2012 | 3% | £209,220 |
| June 2011 | -0.6% | £203,069 |
| June 2010 | 7.9% | £204,361 |
| June 2009 | -12.3% | £189,452 |
| June 2008 | 0.6% | £216,004 |
| June 2007 | 0% | £214,766 |
Rental Market Trends
The current average rental value in the postcode is £2,265.
The RM5 3PJ Rental Market has increased by 39.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.6% | £2,265pcm |
| June 2025 | 4.7% | £2,229pcm |
| June 2024 | 5.7% | £2,130pcm |
| June 2023 | 15.1% | £2,016pcm |
| June 2022 | 6.6% | £1,752pcm |
| June 2021 | -0.5% | £1,644pcm |
| June 2020 | 2.6% | £1,653pcm |
| June 2019 | 1.8% | £1,612pcm |
| June 2018 | -0.2% | £1,583pcm |
| June 2017 | -2.6% | £1,585pcm |
| June 2016 | 6% | £1,627pcm |
| June 2015 | 6% | £1,535pcm |
| June 2014 | 8.6% | £1,448pcm |
| June 2013 | 4.4% | £1,333pcm |
| June 2012 | 4.1% | £1,277pcm |
| June 2011 | 7.7% | £1,227pcm |
| June 2010 | 3.5% | £1,139pcm |
| June 2009 | -4.8% | £1,100pcm |
| June 2008 | 8% | £1,155pcm |
| June 2007 | 0% | £1,070pcm |
Sales History
The last sale was on 23rd May 2024 for £250,000 and since then the market in the area has increased by 1.6%. The postcode has had a total of 40 sales since 1995.
RM5 3PJ has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold May 2024£250,000 | 1 Bed Flat33, Chase Cross Road, Romford, RM5 3PJ33, Chase Cross Road, Romford, RM5 3PJ
- Sold Dec 2023£550,000 | 5 Bed House19, Chase Cross Road, Romford, RM5 3PJ19, Chase Cross Road, Romford, RM5 3PJ
- Sold Oct 2023£435,000 | 3 Bed House37, Chase Cross Road, Romford, RM5 3PJ37, Chase Cross Road, Romford, RM5 3PJ
- Sold Apr 2021£925,000 | 1 Bed Flat9-11, Chase Cross Road, Romford, RM5 3PJ9-11, Chase Cross Road, Romford, RM5 3PJ
- Sold Jun 2019£200,000 | 1 Bed Flat33A, Chase Cross Road, Romford, RM5 3PJ33A, Chase Cross Road, Romford, RM5 3PJ
Nearby Postcodes
RM5 3PJ is the 264th largest and the 91st most expensive postcode out of the 369 postcodes in the RM5 area.
- RM5 3PR, Chase Cross Road, Romford, RM5RM5 3PR20 Addresses|59 m away
- RM5 3FY, Wembley Close, Collier Row, Romford, RM5RM5 3FY17 Addresses|80 m away
- RM5 3QJ, Clockhouse Lane, Romford, RM5RM5 3QJ5 Addresses|91 m away
- RM5 3JU, Burchwall Close, Romford, RM5RM5 3JU13 Addresses|106 m away
- RM5 3FZ, Wembley Close, Collier Row, Romford, RM5RM5 3FZ10 Addresses|107 m away
Property Types
- 5 modern flats built after 1980
- 1 mid-century house built between 1936 and 1979
- 3 mid-century flats built between 1936 and 1979
- 2 houses of an unknown age
- 7 early-century houses built between 1912 and 1935
- 8 early-century flats built between 1912 and 1935
- 4 other addresses of unknown type
- modern flat (5)
- mid-century house (1)
- mid-century flat (3)
- house (2)
- early-century house (7)
- early-century flat (8)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 21 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (6)
- G (0)
- D (13)
- No EPC (9)
Top 3 Most Expensive Sales
- Sold Jan 2019£1,450,000 | 2 Bed FlatFlat 1, 253, Chase Cross Road, Romford, RM5 3XSFlat 1, 253, Chase Cross Road, Romford, RM5 3XS
- Sold Dec 2020£930,000 | 5 Bed House42, Chase Cross Road, Romford, RM5 3PR42, Chase Cross Road, Romford, RM5 3PR
- Sold Apr 2021£925,000 | 1 Bed Flat9-11, Chase Cross Road, Romford, RM5 3PJ9-11, Chase Cross Road, Romford, RM5 3PJ
Schools Nearby
- Clockhouse Primary School200 m away
- St Patrick's Catholic Primary School600 m away
- Rise Park Junior School1.0 km away
- Bower Park Academy1.3 km away
- Marshalls Park Academy1.7 km away
- The Warren School3.1 km away
More reading links
Public Transport Nearby
The closest station to RM5 3PJ is Romford station, which is 3.1 kilometres away.
- Romford|3.1 km away
- Gidea Park|3.5 km away
