Faircross Avenue - RM5 3TL
Key Postcode Insights
RM5 3TL is a residential postcode situated on Faircross Avenue, Romford, RM5 with 17 addresses.
It ranks as the 166th largest and 146th 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 17 properties: 17 houses.
- Ave. Sale Price
- £437,465
- 10 Year change
- up 29.4%
- Ave. Rental Price
- £2,474pcm
- 10 Year change
- up 48.9%
- Ave. £ per ft²
- £553/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Key Postcode Insights
RM5 3TL is a residential postcode situated on Faircross Avenue, Romford, RM5 with 17 addresses.
It ranks as the 166th largest and 146th 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 17 properties: 17 houses.
- Ave. Sale Price
- £437,465
- 10 Year change
- up 29.4%
- Ave. Rental Price
- £2,474pcm
- 10 Year change
- up 48.9%
- Ave. £ per ft²
- £553/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Explore Propertiesin RM5 3TL
- 24 Faircross Avenue
Unknown
- 26 Faircross Avenue
3 Bed Early-century House
- 28 Faircross Avenue
3 Bed Early-century House
- 30 Faircross Avenue
3 Bed Early-century House
- 32 Faircross Avenue
Unknown
Sales Market Trends
The last sale in RM5 3TL sold for £450,000 on 9th August 2024. Since then prices are up an average of 1.9%.
The current average value in the postcode is £437,465.
The RM5 3TL Sales Market has increased by 29.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.1% | £437,465 |
| June 2025 | 2.3% | £436,953 |
| June 2024 | -1% | £427,105 |
| June 2023 | -0.2% | £431,345 |
| June 2022 | 12.3% | £432,024 |
| June 2021 | 6.3% | £384,690 |
| June 2020 | 2.5% | £361,983 |
| June 2019 | 1.4% | £353,325 |
| June 2018 | -0.3% | £348,538 |
| June 2017 | 3.4% | £349,697 |
| June 2016 | 18.1% | £338,078 |
| June 2015 | 12.9% | £286,208 |
| June 2014 | 14.3% | £253,578 |
| June 2013 | 2.4% | £221,860 |
| June 2012 | 3.4% | £216,575 |
| June 2011 | -0.5% | £209,459 |
| June 2010 | 9.4% | £210,592 |
| June 2009 | -11.9% | £192,449 |
| June 2008 | 0.8% | £218,472 |
| June 2007 | 0% | £216,686 |
Rental Market Trends
The current average rental value in the postcode is £2,474.
The RM5 3TL Rental Market has increased by 48.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £2,474pcm |
| June 2025 | 5.4% | £2,412pcm |
| June 2024 | 5.2% | £2,288pcm |
| June 2023 | 15.8% | £2,174pcm |
| June 2022 | 8.4% | £1,878pcm |
| June 2021 | 1.3% | £1,733pcm |
| June 2020 | 2.5% | £1,711pcm |
| June 2019 | 2.4% | £1,669pcm |
| June 2018 | 0.1% | £1,630pcm |
| June 2017 | -2% | £1,628pcm |
| June 2016 | 7% | £1,661pcm |
| June 2015 | 7.2% | £1,552pcm |
| June 2014 | 9.5% | £1,447pcm |
| June 2013 | 4.5% | £1,322pcm |
| June 2012 | 4.6% | £1,265pcm |
| June 2011 | 7.6% | £1,209pcm |
| June 2010 | 5.1% | £1,124pcm |
| June 2009 | -4.3% | £1,069pcm |
| June 2008 | 8.2% | £1,118pcm |
| June 2007 | 0% | £1,033pcm |
Sales History
The last sale was on 9th August 2024 for £450,000 and since then the market in the area has increased by 1.9%. The postcode has had a total of 31 sales since 1995.
RM5 3TL has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Aug 2024£450,000 | 3 Bed House34, Faircross Avenue, Romford, RM5 3TL34, Faircross Avenue, Romford, RM5 3TL
- Sold Apr 2020£417,500 | 3 Bed House30, Faircross Avenue, Romford, RM5 3TL30, Faircross Avenue, Romford, RM5 3TL
- Sold Feb 2020£360,000 | 3 Bed House28, Faircross Avenue, Romford, RM5 3TL28, Faircross Avenue, Romford, RM5 3TL
- Sold Apr 2019£377,500 | 3 Bed House63, Faircross Avenue, Romford, RM5 3TL63, Faircross Avenue, Romford, RM5 3TL
- Sold Aug 2018£327,000 | 3 Bed House67, Faircross Avenue, Romford, RM5 3TL67, Faircross Avenue, Romford, RM5 3TL
Nearby Postcodes
RM5 3TL is the 166th largest and the 146th most expensive postcode out of the 369 postcodes in the RM5 area.
- RM5 3SX, Faircross Avenue, Romford, RM5RM5 3SX24 Addresses|72 m away
- RM5 3TJ, Wilton Drive, Romford, RM5RM5 3TJ37 Addresses|115 m away
- RM5 3UH, The Drive, Collier Row, Romford, RM5RM5 3UH43 Addresses|119 m away
- RM5 3TP, The Drive, Collier Row, Romford, RM5RM5 3TP31 Addresses|119 m away
- RM5 3UD, Faircross Avenue, Romford, RM5RM5 3UD23 Addresses|121 m away
Property Types
- 1 house of an unknown age
- 11 early-century houses built between 1912 and 1935
- 5 other addresses of unknown type
- house (1)
- early-century house (11)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (1)
- C (0)
- G (0)
- D (9)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Jul 2022£575,000 | 4 Bed House66, Faircross Avenue, Romford, RM5 3UB66, Faircross Avenue, Romford, RM5 3UB
- Sold Apr 2023£570,000 | 4 Bed House56, Faircross Avenue, Romford, RM5 3UB56, Faircross Avenue, Romford, RM5 3UB
- Sold Jul 2020£522,000 | 4 Bed House54, Faircross Avenue, Romford, RM5 3UD54, Faircross Avenue, Romford, RM5 3UD
Schools Nearby
- Rise Park Junior School500 m away
- Rise Park Infant School500 m away
- Clockhouse Primary School700 m away
- Bower Park Academy800 m away
- Marshalls Park Academy1.3 km away
- The Royal Liberty School3.0 km away
More reading links
Public Transport Nearby
The closest station to RM5 3TL is Romford station, which is 2.8 kilometres away.
- Romford|2.8 km away
- Gidea Park|3.0 km away
