The Drive - RM5 3TS
Key Postcode Insights
RM5 3TS is a residential postcode situated on The Drive, Collier Row, Romford, RM5 with 7 addresses.
It ranks as the 59th largest and 328th 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 7 properties: 7 houses.
- Ave. Sale Price
- £502,253
- 10 Year change
- up 28.1%
- Ave. Rental Price
- £2,679pcm
- 10 Year change
- up 48.5%
- Ave. £ per ft²
- £527/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
RM5 3TS is a residential postcode situated on The Drive, Collier Row, Romford, RM5 with 7 addresses.
It ranks as the 59th largest and 328th 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 7 properties: 7 houses.
- Ave. Sale Price
- £502,253
- 10 Year change
- up 28.1%
- Ave. Rental Price
- £2,679pcm
- 10 Year change
- up 48.5%
- Ave. £ per ft²
- £527/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertiesin RM5 3TS
- 1 The Drive
Unknown
- 2 The Drive
Unknown
- 3 The Drive
3 Bed House
- 4 The Drive
3 Bed Early-century House
- 5 The Drive
3 Bed Early-century House
Sales Market Trends
The last sale in RM5 3TS sold for £390,000 on 25th May 2018. Since then prices are up an average of 24.9%.
The current average value in the postcode is £502,253.
The RM5 3TS Sales Market has increased by 28.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.5% | £502,253 |
| June 2025 | 2.1% | £504,967 |
| June 2024 | -0.8% | £494,623 |
| June 2023 | -0.2% | £498,438 |
| June 2022 | 11.8% | £499,479 |
| June 2021 | 6.2% | £446,878 |
| June 2020 | 2.4% | £420,870 |
| June 2019 | 1.4% | £410,882 |
| June 2018 | -0.1% | £405,191 |
| June 2017 | 3.4% | £405,449 |
| June 2016 | 17.4% | £391,950 |
| June 2015 | 11.9% | £333,986 |
| June 2014 | 13.4% | £298,477 |
| June 2013 | 2.6% | £263,208 |
| June 2012 | 2.6% | £256,551 |
| June 2011 | 0.3% | £250,167 |
| June 2010 | 10.4% | £249,309 |
| June 2009 | -10.9% | £225,856 |
| June 2008 | 0.7% | £253,457 |
| June 2007 | 0% | £251,813 |
Rental Market Trends
The current average rental value in the postcode is £2,679.
The RM5 3TS Rental Market has increased by 48.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.9% | £2,679pcm |
| June 2025 | 4.8% | £2,629pcm |
| June 2024 | 5.8% | £2,509pcm |
| June 2023 | 15.8% | £2,371pcm |
| June 2022 | 8% | £2,048pcm |
| June 2021 | 1.5% | £1,895pcm |
| June 2020 | 2.6% | £1,867pcm |
| June 2019 | 2.5% | £1,820pcm |
| June 2018 | 0.2% | £1,775pcm |
| June 2017 | -1.8% | £1,771pcm |
| June 2016 | 6.2% | £1,804pcm |
| June 2015 | 6.6% | £1,698pcm |
| June 2014 | 8.5% | £1,594pcm |
| June 2013 | 4.7% | £1,470pcm |
| June 2012 | 3.8% | £1,403pcm |
| June 2011 | 8.2% | £1,352pcm |
| June 2010 | 6.2% | £1,250pcm |
| June 2009 | -3.2% | £1,177pcm |
| June 2008 | 8.1% | £1,216pcm |
| June 2007 | 0% | £1,125pcm |
Sales History
The last sale was on 25th May 2018 for £390,000 and since then the market in the area has increased by 24.9%. The postcode has had a total of 9 sales since 1995.
RM5 3TS has seen no sales in the last three years and no sales in the last twelve months.
- Sold May 2018£390,000 | 3 Bed House4, The Drive, Romford, RM5 3TS4, The Drive, Romford, RM5 3TS
- Sold Dec 2010£227,000 | 3 Bed House5, The Drive, Romford, RM5 3TS5, The Drive, Romford, RM5 3TS
- Sold Oct 2008£238,000 | 4 Bed House6, The Drive, Romford, RM5 3TS6, The Drive, Romford, RM5 3TS
- Sold Jun 2008£250,000 | 3 Bed House3, The Drive, Romford, RM5 3TS3, The Drive, Romford, RM5 3TS
- Sold Mar 2007£272,500 | 3 Bed House7, The Drive, Romford, RM5 3TS7, The Drive, Romford, RM5 3TS
Nearby Postcodes
RM5 3TS is the 59th largest and the 328th most expensive postcode out of the 369 postcodes in the RM5 area.
- RM5 3TH, Lawns Way, Romford, RM5RM5 3TH14 Addresses|75 m away
- RM5 3TT, Lawns Way, Romford, RM5RM5 3TT30 Addresses|101 m away
- RM5 3FF, Ivaro Close, Romford, RM5RM5 3FF3 Addresses|140 m away
- RM5 3HB, Horndon Road, Romford, RM5RM5 3HB22 Addresses|165 m away
- RM5 3HS, Cooks Close, Romford, RM5RM5 3HS4 Addresses|167 m away
Property Types
- 2 houses of an unknown age
- 3 early-century houses built between 1912 and 1935
- 2 other addresses of unknown type
- house (2)
- early-century house (3)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is E.
- A (0)
- E (2)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (4)
Top 3 Most Expensive Sales
Schools Nearby
- Rise Park Junior School500 m away
- Rise Park Infant School500 m away
- Clockhouse Primary School700 m away
- Bower Park Academy1.1 km away
- Marshalls Park Academy1.2 km away
- St Edward's Church of England Academy3.0 km away
More reading links
Public Transport Nearby
The closest station to RM5 3TS is Romford station, which is 2.7 kilometres away.
- Romford|2.7 km away
- Gidea Park|3.0 km away
