Ascension Road - RM5 3RS
Key Postcode Insights
RM5 3RS is a residential postcode situated on Ascension Road, Romford, RM5 with 41 addresses.
It ranks as the 331st largest and 352nd 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 41 properties: 40 houses and 1 flat.
- Ave. Sale Price
- £542,889
- 10 Year change
- up 25.3%
- Ave. Rental Price
- £3,110pcm
- 10 Year change
- up 43.7%
- Ave. £ per ft²
- £444/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Key Postcode Insights
RM5 3RS is a residential postcode situated on Ascension Road, Romford, RM5 with 41 addresses.
It ranks as the 331st largest and 352nd 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 41 properties: 40 houses and 1 flat.
- Ave. Sale Price
- £542,889
- 10 Year change
- up 25.3%
- Ave. Rental Price
- £3,110pcm
- 10 Year change
- up 43.7%
- Ave. £ per ft²
- £444/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Explore Propertiesin RM5 3RS
- 1 Ascension Road
Building  |  2 Flats
- 2 Ascension Road
4 Bed Mid-century House
- 3 Ascension Road
Unknown
- 4A Ascension Road
3 Bed Mid-century House
- 4 Ascension Road
3 Bed Mid-century House
Sales Market Trends
The last sale in RM5 3RS sold for £385,000 on 7th July 2022. Since then prices are down an average of 0.3%.
The current average value in the postcode is £542,889.
The RM5 3RS Sales Market has increased by 25.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.7% | £542,889 |
| June 2025 | 1.6% | £546,486 |
| June 2024 | -0.5% | £538,064 |
| June 2023 | -0.5% | £540,892 |
| June 2022 | 11.3% | £543,833 |
| June 2021 | 5.5% | £488,710 |
| June 2020 | 2.5% | £463,019 |
| June 2019 | 1.5% | £451,570 |
| June 2018 | -0.4% | £444,991 |
| June 2017 | 3.1% | £446,734 |
| June 2016 | 16.9% | £433,327 |
| June 2015 | 11.6% | £370,760 |
| June 2014 | 13.4% | £332,160 |
| June 2013 | 2.4% | £292,999 |
| June 2012 | 2.9% | £286,246 |
| June 2011 | 0% | £278,275 |
| June 2010 | 9.5% | £278,411 |
| June 2009 | -11.2% | £254,218 |
| June 2008 | 0.6% | £286,216 |
| June 2007 | 0% | £284,503 |
Rental Market Trends
The current average rental value in the postcode is £3,110.
The RM5 3RS Rental Market has increased by 43.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.8% | £3,110pcm |
| June 2025 | 4.8% | £3,056pcm |
| June 2024 | 5.6% | £2,916pcm |
| June 2023 | 15.4% | £2,762pcm |
| June 2022 | 7.3% | £2,394pcm |
| June 2021 | 0.4% | £2,231pcm |
| June 2020 | 2.5% | £2,223pcm |
| June 2019 | 2.4% | £2,168pcm |
| June 2018 | 0.2% | £2,117pcm |
| June 2017 | -2.4% | £2,112pcm |
| June 2016 | 5.9% | £2,165pcm |
| June 2015 | 5.9% | £2,044pcm |
| June 2014 | 8.7% | £1,929pcm |
| June 2013 | 4.6% | £1,774pcm |
| June 2012 | 3.9% | £1,697pcm |
| June 2011 | 8.4% | £1,633pcm |
| June 2010 | 5.1% | £1,507pcm |
| June 2009 | -3.6% | £1,434pcm |
| June 2008 | 8% | £1,487pcm |
| June 2007 | 0% | £1,377pcm |
Sales History
The last sale was on 7th July 2022 for £385,000 and since then the market in the area has decreased by 0.3%. The postcode has had a total of 39 sales since 1995.
RM5 3RS has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jul 2022£385,000 | 3 Bed House4, Ascension Road, Romford, RM5 3RS4, Ascension Road, Romford, RM5 3RS
- Sold Dec 2021£500,000 | 4 Bed House28, Ascension Road, Romford, RM5 3RS28, Ascension Road, Romford, RM5 3RS
- Sold Apr 2020£752,000 | 5 Bed House14, Ascension Road, Romford, RM5 3RS14, Ascension Road, Romford, RM5 3RS
- Sold Apr 2020£400,000 | 3 Bed House36, Ascension Road, Romford, RM5 3RS36, Ascension Road, Romford, RM5 3RS
- Sold May 2019£475,000 | 4 Bed House31, Ascension Road, Romford, RM5 3RS31, Ascension Road, Romford, RM5 3RS
Nearby Postcodes
RM5 3RS is the 331st largest and the 352nd most expensive postcode out of the 369 postcodes in the RM5 area.
- RM5 3NU, Gabriel Close, Romford, RM5RM5 3NU11 Addresses|78 m away
- RM5 3YS, Chase Cross Road, Romford, RM5RM5 3YS12 Addresses|132 m away
- RM5 3SB, Bellevue Road, Romford, RM5RM5 3SB37 Addresses|148 m away
- RM5 3AY, Bellevue Road, Romford, RM5RM5 3AY23 Addresses|150 m away
- RM5 3RD, Burland Road, Romford, RM5RM5 3RD21 Addresses|155 m away
Property Types
- 3 modern houses built after 1980
- 9 mid-century houses built between 1936 and 1979
- 3 houses of an unknown age
- 6 early-century houses built between 1912 and 1935
- 20 other addresses of unknown type
- modern house (3)
- mid-century house (9)
- house (3)
- early-century house (6)
- Unknown (20)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 20 properties.
- The most common rating is D.
- A (2)
- E (6)
- B (0)
- F (1)
- C (3)
- G (0)
- D (8)
- No EPC (21)
Top 3 Most Expensive Sales
- Sold Apr 2020£752,000 | 5 Bed House14, Ascension Road, Romford, RM5 3RS14, Ascension Road, Romford, RM5 3RS
- Sold Jan 2018£675,000 | 5 Bed House41, Ascension Road, Romford, RM5 3RS41, Ascension Road, Romford, RM5 3RS
- Sold Oct 2019£560,000 | 5 Bed House42, Ascension Road, Romford, RM5 3RT42, Ascension Road, Romford, RM5 3RT
Schools Nearby
- Clockhouse Primary School400 m away
- Rise Park Junior School800 m away
- Rise Park Infant School800 m away
- Bower Park Academy800 m away
- Marshalls Park Academy1.6 km away
- The Royal Liberty School3.3 km away
More reading links
Public Transport Nearby
The closest station to RM5 3RS is Romford station, which is 3.2 kilometres away.
- Romford|3.2 km away
- Gidea Park|3.3 km away
