Chase Cross Road - RM5 3PL
Key Postcode Insights
RM5 3PL is a residential postcode situated on Chase Cross Road, Romford, RM5 with 14 addresses.
It ranks as the 131st largest and 97th 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 14 properties: 12 houses and 2 flats.
- Ave. Sale Price
- £383,052
- 10 Year change
- up 22.4%
- Ave. Rental Price
- £2,397pcm
- 10 Year change
- up 40.3%
- Ave. £ per ft²
- £426/ft²
- Ave. Gross Yield
- 7.5%/year/yr
Key Postcode Insights
RM5 3PL is a residential postcode situated on Chase Cross Road, Romford, RM5 with 14 addresses.
It ranks as the 131st largest and 97th 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 14 properties: 12 houses and 2 flats.
- Ave. Sale Price
- £383,052
- 10 Year change
- up 22.4%
- Ave. Rental Price
- £2,397pcm
- 10 Year change
- up 40.3%
- Ave. £ per ft²
- £426/ft²
- Ave. Gross Yield
- 7.5%/year/yr
Explore Propertiesin RM5 3PL
- 49 Chase Cross Road
3 Bed Early-century House
- 51 Chase Cross Road
Unknown
- 53 Chase Cross Road
4 Bed Early-century House
- 55 Chase Cross Road
3 Bed House
- 57 Chase Cross Road
3 Bed Early-century House
Sales Market Trends
The last sale in RM5 3PL sold for £415,000 on 18th March 2024. Since then prices are up an average of 2.9%.
The current average value in the postcode is £383,052.
The RM5 3PL Sales Market has increased by 22.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.8% | £383,052 |
| June 2025 | 1.5% | £386,099 |
| June 2024 | -0.6% | £380,294 |
| June 2023 | -0.7% | £382,535 |
| June 2022 | 10.9% | £385,264 |
| June 2021 | 4.9% | £347,466 |
| June 2020 | 2.6% | £331,205 |
| June 2019 | 0.9% | £322,734 |
| June 2018 | -0.8% | £319,974 |
| June 2017 | 3% | £322,398 |
| June 2016 | 17.1% | £313,035 |
| June 2015 | 11.8% | £267,371 |
| June 2014 | 13.4% | £239,182 |
| June 2013 | 2.2% | £210,841 |
| June 2012 | 3% | £206,226 |
| June 2011 | -0.6% | £200,139 |
| June 2010 | 8.2% | £201,326 |
| June 2009 | -12.2% | £186,119 |
| June 2008 | 0.5% | £211,877 |
| June 2007 | 0% | £210,820 |
Rental Market Trends
The current average rental value in the postcode is £2,397.
The RM5 3PL Rental Market has increased by 40.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.6% | £2,397pcm |
| June 2025 | 4.8% | £2,358pcm |
| June 2024 | 5.5% | £2,251pcm |
| June 2023 | 15.2% | £2,134pcm |
| June 2022 | 6.9% | £1,853pcm |
| June 2021 | -0.3% | £1,733pcm |
| June 2020 | 2.6% | £1,737pcm |
| June 2019 | 1.8% | £1,693pcm |
| June 2018 | -0.2% | £1,662pcm |
| June 2017 | -2.5% | £1,665pcm |
| June 2016 | 6.1% | £1,708pcm |
| June 2015 | 6.1% | £1,610pcm |
| June 2014 | 8.8% | £1,517pcm |
| June 2013 | 4.4% | £1,395pcm |
| June 2012 | 4.1% | £1,335pcm |
| June 2011 | 7.8% | £1,283pcm |
| June 2010 | 3.8% | £1,190pcm |
| June 2009 | -4.6% | £1,146pcm |
| June 2008 | 7.9% | £1,202pcm |
| June 2007 | 0% | £1,114pcm |
Sales History
The last sale was on 18th March 2024 for £415,000 and since then the market in the area has increased by 2.9%. The postcode has had a total of 12 sales since 1995.
RM5 3PL has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Mar 2024£415,000 | 4 Bed House53, Chase Cross Road, Romford, RM5 3PL53, Chase Cross Road, Romford, RM5 3PL
- Sold Dec 2023£305,000 | 2 Bed Flat65, Chase Cross Road, Romford, RM5 3PL65, Chase Cross Road, Romford, RM5 3PL
- Sold Apr 2023£248,500 | 1 Bed Flat65A, Chase Cross Road, Romford, RM5 3PL65A, Chase Cross Road, Romford, RM5 3PL
- Sold Feb 2022£385,000 | 3 Bed House63, Chase Cross Road, Romford, RM5 3PL63, Chase Cross Road, Romford, RM5 3PL
- Sold Apr 2021£440,000 | 3 Bed House57, Chase Cross Road, Romford, RM5 3PL57, Chase Cross Road, Romford, RM5 3PL
Nearby Postcodes
RM5 3PL is the 131st largest and the 97th most expensive postcode out of the 369 postcodes in the RM5 area.
- RM5 3PN, Sunny Mews, Romford, RM5RM5 3PN6 Addresses|48 m away
- RM5 3PP, Chase Cross Road, Romford, RM5RM5 3PP13 Addresses|50 m away
- RM5 3JT, Fullers Lane, Romford, RM5RM5 3JT8 Addresses|100 m away
- RM5 3FY, Wembley Close, Collier Row, Romford, RM5RM5 3FY17 Addresses|116 m away
- RM5 3RL, Chase Cross Road, Romford, RM5RM5 3RL2 Addresses|139 m away
Property Types
- 2 houses of an unknown age
- 5 early-century houses built between 1912 and 1935
- 2 early-century flats built between 1912 and 1935
- 5 other addresses of unknown type
- house (2)
- early-century house (5)
- early-century flat (2)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (4)
- G (0)
- D (3)
- No EPC (7)
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 School300 m away
- St Patrick's Catholic Primary School700 m away
- Rise Park Junior School900 m away
- Bower Park Academy1.1 km away
- Marshalls Park Academy1.6 km away
- The Warren School3.2 km away
More reading links
Public Transport Nearby
The closest station to RM5 3PL is Romford station, which is 3.1 kilometres away.
- Romford|3.1 km away
- Gidea Park|3.4 km away
