Takeley Close - RM5 3PX
Key Postcode Insights
RM5 3PX is a residential postcode situated on Takeley Close, Romford, RM5 with 17 addresses.
It ranks as the 164th largest and 136th 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 17 properties: 17 houses.
- Ave. Sale Price
- £421,357
- 10 Year change
- up 26.7%
- Ave. Rental Price
- £2,454pcm
- 10 Year change
- up 50.3%
- Ave. £ per ft²
- £491/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Key Postcode Insights
RM5 3PX is a residential postcode situated on Takeley Close, Romford, RM5 with 17 addresses.
It ranks as the 164th largest and 136th 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 17 properties: 17 houses.
- Ave. Sale Price
- £421,357
- 10 Year change
- up 26.7%
- Ave. Rental Price
- £2,454pcm
- 10 Year change
- up 50.3%
- Ave. £ per ft²
- £491/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Explore Propertiesin RM5 3PX
- 1 Takeley Close
3 Bed Mid-century House
- 2 Takeley Close
Unknown
- 3 Takeley Close
3 Bed Mid-century House
- 4 Takeley Close
3 Bed Mid-century House
- 5 Takeley Close
3 Bed Mid-century House
Sales Market Trends
The last sale in RM5 3PX sold for £410,000 on 17th December 2025. Since then prices are down an average of 0.2%.
The current average value in the postcode is £421,357.
The RM5 3PX Sales Market has increased by 26.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.3% | £421,357 |
| June 2025 | 2.3% | £422,586 |
| June 2024 | -0.6% | £413,035 |
| June 2023 | -0.4% | £415,340 |
| June 2022 | 11% | £416,967 |
| June 2021 | 5.8% | £375,483 |
| June 2020 | 2.2% | £354,797 |
| June 2019 | 0.7% | £347,316 |
| June 2018 | 0% | £344,768 |
| June 2017 | 3.7% | £344,740 |
| June 2016 | 17.9% | £332,484 |
| June 2015 | 12.1% | £281,903 |
| June 2014 | 12.9% | £251,374 |
| June 2013 | 2.8% | £222,666 |
| June 2012 | 1.8% | £216,577 |
| June 2011 | 0.5% | £212,730 |
| June 2010 | 10% | £211,682 |
| June 2009 | -11.3% | £192,435 |
| June 2008 | 0.5% | £216,912 |
| June 2007 | 0% | £215,771 |
Rental Market Trends
The current average rental value in the postcode is £2,454.
The RM5 3PX Rental Market has increased by 50.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.2% | £2,454pcm |
| June 2025 | 4% | £2,400pcm |
| June 2024 | 7% | £2,309pcm |
| June 2023 | 15.7% | £2,157pcm |
| June 2022 | 7.9% | £1,865pcm |
| June 2021 | 2.4% | £1,728pcm |
| June 2020 | 2.7% | £1,688pcm |
| June 2019 | 2.1% | £1,644pcm |
| June 2018 | -0.3% | £1,610pcm |
| June 2017 | -1% | £1,616pcm |
| June 2016 | 6.5% | £1,632pcm |
| June 2015 | 7.5% | £1,533pcm |
| June 2014 | 7.3% | £1,426pcm |
| June 2013 | 4.8% | £1,328pcm |
| June 2012 | 3.3% | £1,268pcm |
| June 2011 | 7.4% | £1,227pcm |
| June 2010 | 6.3% | £1,143pcm |
| June 2009 | -3.6% | £1,076pcm |
| June 2008 | 8.1% | £1,116pcm |
| June 2007 | 0% | £1,032pcm |
Sales History
The last sale was on 17th December 2025 for £410,000 and since then the market in the area has decreased by 0.2%. The postcode has had a total of 31 sales since 1995.
RM5 3PX has seen 4 sales in the last three years and 1 sale in the last twelve months.
- Sold Dec 2025£410,000 | 3 Bed House5, Takeley Close, Romford, RM5 3PX5, Takeley Close, Romford, RM5 3PX
- Sold Jun 2025£418,000 | 3 Bed House14, Takeley Close, Romford, RM5 3PX14, Takeley Close, Romford, RM5 3PX
- Sold Dec 2024£485,000 | 3 Bed House1, Takeley Close, Romford, RM5 3PX1, Takeley Close, Romford, RM5 3PX
- Sold Oct 2023£390,000 | 3 Bed House9, Takeley Close, Romford, RM5 3PX9, Takeley Close, Romford, RM5 3PX
- Sold Sep 2021£350,000 | 3 Bed House11, Takeley Close, Romford, RM5 3PX11, Takeley Close, Romford, RM5 3PX
Nearby Postcodes
RM5 3PX is the 164th largest and the 136th most expensive postcode out of the 369 postcodes in the RM5 area.
- RM5 3FJ, Thind Place, Romford, RM5RM5 3FJ2 Addresses|69 m away
- RM5 3GP, Takeley Close, Romford, RM5RM5 3GP3 Addresses|79 m away
- RM5 3ES, Saffron Road, Romford, RM5RM5 3ES33 Addresses|83 m away
- RM5 3ET, Mowbrays Road, Romford, RM5RM5 3ET54 Addresses|86 m away
- RM5 3EP, Horndon Road, Romford, RM5RM5 3EP27 Addresses|145 m away
Property Types
- 13 mid-century houses built between 1936 and 1979
- 4 other addresses of unknown type
- mid-century house (13)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 13 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (5)
- G (0)
- D (8)
- No EPC (4)
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 School400 m away
- Rise Park Junior School600 m away
- Rise Park Infant School600 m away
- Marshalls Park Academy800 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 3PX is Romford station, which is 2.1 kilometres away.
- Romford|2.1 km away
- Gidea Park|2.6 km away
