Gobions Avenue - RM5 3SP
Key Postcode Insights
RM5 3SP is a residential postcode situated on Gobions Avenue, Romford, RM5 with 14 addresses.
It ranks as the 134th largest and 60th most expensive of the 369 postcodes in the RM5 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 14 properties: 6 houses and 8 flats.
- Ave. Sale Price
- £381,079
- 10 Year change
- up 20.0%
- Ave. Rental Price
- £2,190pcm
- 10 Year change
- up 38.1%
- Ave. £ per ft²
- £407/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Key Postcode Insights
RM5 3SP is a residential postcode situated on Gobions Avenue, Romford, RM5 with 14 addresses.
It ranks as the 134th largest and 60th most expensive of the 369 postcodes in the RM5 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 14 properties: 6 houses and 8 flats.
- Ave. Sale Price
- £381,079
- 10 Year change
- up 20.0%
- Ave. Rental Price
- £2,190pcm
- 10 Year change
- up 38.1%
- Ave. £ per ft²
- £407/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Explore Propertiesin RM5 3SP
- 38 Gobions Avenue
3 Bed Early-century House
- 40 Gobions Avenue
3 Bed Early-century House
- 42 Gobions Avenue
Unknown
- 44 Gobions Avenue
Unknown
- 46 Gobions Avenue
4 Bed Mid-century House
Sales Market Trends
The last sale in RM5 3SP sold for £335,000 on 11th July 2025. Since then prices are down an average of 1.1%.
The current average value in the postcode is £381,079.
The RM5 3SP Sales Market has increased by 20.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1% | £381,079 |
| June 2025 | 1.5% | £384,926 |
| June 2024 | -0.8% | £379,355 |
| June 2023 | -0.8% | £382,454 |
| June 2022 | 10.6% | £385,532 |
| June 2021 | 4.1% | £348,453 |
| June 2020 | 2.2% | £334,869 |
| June 2019 | 1.1% | £327,503 |
| June 2018 | -0.8% | £323,904 |
| June 2017 | 2.8% | £326,453 |
| June 2016 | 16.9% | £317,505 |
| June 2015 | 12.2% | £271,488 |
| June 2014 | 13.2% | £242,026 |
| June 2013 | 2% | £213,750 |
| June 2012 | 3.9% | £209,512 |
| June 2011 | -0.7% | £201,741 |
| June 2010 | 7.7% | £203,265 |
| June 2009 | -12.8% | £188,761 |
| June 2008 | 0.4% | £216,388 |
| June 2007 | 0% | £215,605 |
Rental Market Trends
The current average rental value in the postcode is £2,190.
The RM5 3SP Rental Market has increased by 38.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.4% | £2,190pcm |
| June 2025 | 4.5% | £2,159pcm |
| June 2024 | 5.4% | £2,066pcm |
| June 2023 | 15% | £1,959pcm |
| June 2022 | 6.8% | £1,703pcm |
| June 2021 | -0.8% | £1,595pcm |
| June 2020 | 2.3% | £1,609pcm |
| June 2019 | 2.1% | £1,572pcm |
| June 2018 | -0.3% | £1,540pcm |
| June 2017 | -2.6% | £1,544pcm |
| June 2016 | 6% | £1,586pcm |
| June 2015 | 6.6% | £1,497pcm |
| June 2014 | 8.5% | £1,404pcm |
| June 2013 | 4.1% | £1,294pcm |
| June 2012 | 5% | £1,243pcm |
| June 2011 | 7.4% | £1,184pcm |
| June 2010 | 3.4% | £1,102pcm |
| June 2009 | -5.3% | £1,066pcm |
| June 2008 | 7.7% | £1,125pcm |
| June 2007 | 0% | £1,045pcm |
Sales History
The last sale was on 11th July 2025 for £335,000 and since then the market in the area has decreased by 1.1%. The postcode has had a total of 22 sales since 1995.
RM5 3SP has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Jul 2025£335,000 | 2 Bed Flat71, Gobions Avenue, Romford, RM5 3SP71, Gobions Avenue, Romford, RM5 3SP
- Sold Aug 2024£485,000 | 3 Bed House38, Gobions Avenue, Romford, RM5 3SP38, Gobions Avenue, Romford, RM5 3SP
- Sold Dec 2022£315,000 | 2 Bed Flat57, Gobions Avenue, Romford, RM5 3SP57, Gobions Avenue, Romford, RM5 3SP
- Sold Nov 2021£400,000 | 3 Bed House40, Gobions Avenue, Romford, RM5 3SP40, Gobions Avenue, Romford, RM5 3SP
- Sold Nov 2020£285,000 | 3 Bed Flat69, Gobions Avenue, Romford, RM5 3SP69, Gobions Avenue, Romford, RM5 3SP
Nearby Postcodes
RM5 3SP is the 134th largest and the 60th most expensive postcode out of the 369 postcodes in the RM5 area.
- RM5 3SQ, Swansea Close, Collier Row, Romford, RM5RM5 3SQ8 Addresses|65 m away
- RM5 3SS, Gobions Avenue, Romford, RM5RM5 3SS27 Addresses|106 m away
- RM5 3SR, Bower Close, Romford, RM5RM5 3SR36 Addresses|115 m away
- RM5 3XH, Chelmsford Avenue, Romford, RM5RM5 3XH34 Addresses|133 m away
- RM5 3UH, The Drive, Collier Row, Romford, RM5RM5 3UH43 Addresses|145 m away
Property Types
- 2 mid-century houses built between 1936 and 1979
- 4 mid-century flats built between 1936 and 1979
- 2 early-century houses built between 1912 and 1935
- 2 early-century flats built between 1912 and 1935
- 4 other addresses of unknown type
- mid-century house (2)
- mid-century flat (4)
- early-century house (2)
- early-century flat (2)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (8)
- G (0)
- D (2)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Jan 2022£550,000 | 4 Bed House20, Gobions Avenue, Romford, RM5 3SS20, Gobions Avenue, Romford, RM5 3SS
- Sold Aug 2024£485,000 | 3 Bed House38, Gobions Avenue, Romford, RM5 3SP38, Gobions Avenue, Romford, RM5 3SP
- Sold Jul 2024£455,000 | 3 Bed House16, Gobions Avenue, Romford, RM5 3SS16, Gobions Avenue, Romford, RM5 3SS
Schools Nearby
- Rise Park Junior School500 m away
- Rise Park Infant School500 m away
- Clockhouse Primary School900 m away
- Bower Park Academy600 m away
- Marshalls Park Academy1.3 km away
- The Royal Liberty School2.9 km away
More reading links
Public Transport Nearby
The closest station to RM5 3SP is Romford station, which is 2.9 kilometres away.
- Romford|2.9 km away
- Gidea Park|2.9 km away
