Ascension Road - RM5 3RT
Key Postcode Insights
RM5 3RT is a residential postcode situated on Ascension Road, Romford, RM5 with 43 addresses.
It ranks as the 339th largest and 193rd 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 43 properties: 43 houses.
- Ave. Sale Price
- £456,928
- 10 Year change
- up 28.7%
- Ave. Rental Price
- £2,721pcm
- 10 Year change
- up 47.6%
- Ave. £ per ft²
- £467/ft²
- Ave. Gross Yield
- 7.1%/year/yr
Key Postcode Insights
RM5 3RT is a residential postcode situated on Ascension Road, Romford, RM5 with 43 addresses.
It ranks as the 339th largest and 193rd 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 43 properties: 43 houses.
- Ave. Sale Price
- £456,928
- 10 Year change
- up 28.7%
- Ave. Rental Price
- £2,721pcm
- 10 Year change
- up 47.6%
- Ave. £ per ft²
- £467/ft²
- Ave. Gross Yield
- 7.1%/year/yr
Explore Propertiesin RM5 3RT
- 38 Ascension Road
5 Bed Modern House
- 42 Ascension Road
5 Bed Early-century House
- 44 Ascension Road
Unknown
- 46 Ascension Road
Unknown
- 47 Ascension Road
4 Bed Mid-century House
Sales Market Trends
The last sale in RM5 3RT sold for £400,000 on 30th January 2024. Since then prices are up an average of 3.1%.
The current average value in the postcode is £456,928.
The RM5 3RT Sales Market has increased by 28.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.8% | £456,928 |
| June 2025 | 1.8% | £460,780 |
| June 2024 | -0.7% | £452,851 |
| June 2023 | -0.3% | £456,027 |
| June 2022 | 12% | £457,219 |
| June 2021 | 6.4% | £408,169 |
| June 2020 | 2.6% | £383,655 |
| June 2019 | 1.8% | £373,803 |
| June 2018 | 0% | £367,050 |
| June 2017 | 3.3% | £366,915 |
| June 2016 | 16.6% | £355,039 |
| June 2015 | 11.3% | £304,515 |
| June 2014 | 13.5% | £273,579 |
| June 2013 | 2.5% | £241,040 |
| June 2012 | 2.8% | £235,151 |
| June 2011 | 0.4% | £228,734 |
| June 2010 | 10.9% | £227,794 |
| June 2009 | -10.2% | £205,411 |
| June 2008 | 0.4% | £228,804 |
| June 2007 | 0% | £227,815 |
Rental Market Trends
The current average rental value in the postcode is £2,721.
The RM5 3RT Rental Market has increased by 47.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.6% | £2,721pcm |
| June 2025 | 5% | £2,678pcm |
| June 2024 | 5.4% | £2,551pcm |
| June 2023 | 15.7% | £2,421pcm |
| June 2022 | 8% | £2,092pcm |
| June 2021 | 1.2% | £1,937pcm |
| June 2020 | 2.6% | £1,915pcm |
| June 2019 | 2.8% | £1,866pcm |
| June 2018 | 0.6% | £1,815pcm |
| June 2017 | -2.2% | £1,803pcm |
| June 2016 | 5.7% | £1,844pcm |
| June 2015 | 5.6% | £1,745pcm |
| June 2014 | 8.9% | £1,652pcm |
| June 2013 | 4.7% | £1,517pcm |
| June 2012 | 3.9% | £1,449pcm |
| June 2011 | 8.9% | £1,395pcm |
| June 2010 | 6.4% | £1,281pcm |
| June 2009 | -2.6% | £1,204pcm |
| June 2008 | 7.8% | £1,236pcm |
| June 2007 | 0% | £1,146pcm |
Sales History
The last sale was on 30th January 2024 for £400,000 and since then the market in the area has increased by 3.1%. The postcode has had a total of 51 sales since 1995.
RM5 3RT has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jan 2024£400,000 | 3 Bed House80, Ascension Road, Romford, RM5 3RT80, Ascension Road, Romford, RM5 3RT
- Sold Jun 2022£450,000 | 3 Bed House49, Ascension Road, Romford, RM5 3RT49, Ascension Road, Romford, RM5 3RT
- Sold Apr 2022£400,000 | 3 Bed House85, Ascension Road, Romford, RM5 3RT85, Ascension Road, Romford, RM5 3RT
- Sold Feb 2022£458,000 | 4 Bed House62, Ascension Road, Romford, RM5 3RT62, Ascension Road, Romford, RM5 3RT
- Sold Dec 2021£454,000 | 4 Bed House62, Ascension Road, Romford, RM5 3RT62, Ascension Road, Romford, RM5 3RT
Nearby Postcodes
RM5 3RT is the 339th largest and the 193rd most expensive postcode out of the 369 postcodes in the RM5 area.
- RM5 3RW, Laceman Mews, Romford, RM5RM5 3RW2 Addresses|51 m away
- RM5 3RU, Highfield Road, Romford, RM5RM5 3RU23 Addresses|78 m away
- RM5 3AJ, Highfield Road, Romford, RM5RM5 3AJ4 Addresses|82 m away
- RM5 3AF, Highfield Road, Romford, RM5RM5 3AF18 Addresses|120 m away
- RM5 3RD, Burland Road, Romford, RM5RM5 3RD21 Addresses|123 m away
Property Types
- 1 modern house built after 1980
- 4 mid-century houses built between 1936 and 1979
- 14 early-century houses built between 1912 and 1935
- 24 other addresses of unknown type
- modern house (1)
- mid-century house (4)
- early-century house (14)
- Unknown (24)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 19 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (1)
- C (2)
- G (0)
- D (14)
- No EPC (24)
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
- Oasis Academy Pinewood900 m away
- Rise Park Junior School1.0 km away
- Bower Park Academy800 m away
- Marshalls Park Academy1.8 km away
- The Royal Liberty School3.4 km away
More reading links
Public Transport Nearby
The closest station to RM5 3RT is Romford station, which is 3.3 kilometres away.
- Romford|3.3 km away
- Gidea Park|3.5 km away
