Chelmsford Avenue - RM5 3XB
Key Postcode Insights
RM5 3XB is a residential postcode situated on Chelmsford Avenue, Romford, RM5 with 36 addresses.
It ranks as the 305th largest and 53rd 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 36 properties: 36 flats.
- Ave. Sale Price
- £293,777
- 10 Year change
- up 13.5%
- Ave. Rental Price
- £1,702pcm
- 10 Year change
- up 30.6%
- Ave. £ per ft²
- £388/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Key Postcode Insights
RM5 3XB is a residential postcode situated on Chelmsford Avenue, Romford, RM5 with 36 addresses.
It ranks as the 305th largest and 53rd 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 36 properties: 36 flats.
- Ave. Sale Price
- £293,777
- 10 Year change
- up 13.5%
- Ave. Rental Price
- £1,702pcm
- 10 Year change
- up 30.6%
- Ave. £ per ft²
- £388/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Explore Propertiesin RM5 3XB
- 105 Chelmsford Avenue
2 Bed Mid-century Flat
- 107 Chelmsford Avenue
2 Bed Mid-century Flat
- 109 Chelmsford Avenue
Unknown
- 111 Chelmsford Avenue
2 Bed Mid-century Flat
- 113 Chelmsford Avenue
Unknown
Sales Market Trends
The last sale in RM5 3XB sold for £300,000 on 12th June 2024. Since then prices are down an average of 0.4%.
The current average value in the postcode is £293,777.
The RM5 3XB Sales Market has increased by 13.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.6% | £293,777 |
| June 2025 | 0.9% | £298,489 |
| June 2024 | -0.7% | £295,828 |
| June 2023 | -1.3% | £297,966 |
| June 2022 | 9.5% | £302,011 |
| June 2021 | 2.4% | £275,927 |
| June 2020 | 2.1% | £269,442 |
| June 2019 | 0.8% | £263,967 |
| June 2018 | -1.2% | £261,830 |
| June 2017 | 2.4% | £265,044 |
| June 2016 | 16.5% | £258,888 |
| June 2015 | 12.1% | £222,268 |
| June 2014 | 12.8% | £198,349 |
| June 2013 | 1.7% | £175,891 |
| June 2012 | 4.4% | £172,991 |
| June 2011 | -1.2% | £165,632 |
| June 2010 | 6.1% | £167,691 |
| June 2009 | -13.8% | £158,107 |
| June 2008 | 0.1% | £183,349 |
| June 2007 | 0% | £183,190 |
Rental Market Trends
The current average rental value in the postcode is £1,702.
The RM5 3XB Rental Market has increased by 30.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.8% | £1,702pcm |
| June 2025 | 4% | £1,688pcm |
| June 2024 | 5.5% | £1,624pcm |
| June 2023 | 14.4% | £1,539pcm |
| June 2022 | 5.6% | £1,345pcm |
| June 2021 | -2.4% | £1,273pcm |
| June 2020 | 2.1% | £1,305pcm |
| June 2019 | 1.8% | £1,277pcm |
| June 2018 | -0.7% | £1,254pcm |
| June 2017 | -3% | £1,264pcm |
| June 2016 | 5.5% | £1,303pcm |
| June 2015 | 6.5% | £1,235pcm |
| June 2014 | 8% | £1,160pcm |
| June 2013 | 3.8% | £1,074pcm |
| June 2012 | 5.6% | £1,035pcm |
| June 2011 | 6.9% | £980pcm |
| June 2010 | 1.9% | £917pcm |
| June 2009 | -6.4% | £900pcm |
| June 2008 | 7.4% | £961pcm |
| June 2007 | 0% | £895pcm |
Sales History
The last sale was on 12th June 2024 for £300,000 and since then the market in the area has decreased by 0.4%. The postcode has had a total of 60 sales since 1995.
RM5 3XB has seen 7 sales in the last three years and no sales in the last twelve months.
- Sold Jun 2024£300,000 | 3 Bed Flat143, Chelmsford Avenue, Romford, RM5 3XB143, Chelmsford Avenue, Romford, RM5 3XB
- Sold Mar 2024£290,000 | 2 Bed Flat173, Chelmsford Avenue, Romford, RM5 3XB173, Chelmsford Avenue, Romford, RM5 3XB
- Sold Feb 2024£315,000 | 2 Bed Flat123, Chelmsford Avenue, Romford, RM5 3XB123, Chelmsford Avenue, Romford, RM5 3XB
- Sold Feb 2024£285,000 | 2 Bed Flat125, Chelmsford Avenue, Romford, RM5 3XB125, Chelmsford Avenue, Romford, RM5 3XB
- Sold Apr 2023£320,000 | 2 Bed Flat117, Chelmsford Avenue, Romford, RM5 3XB117, Chelmsford Avenue, Romford, RM5 3XB
Nearby Postcodes
RM5 3XB is the 305th largest and the 53rd most expensive postcode out of the 369 postcodes in the RM5 area.
- RM5 3XH, Chelmsford Avenue, Romford, RM5RM5 3XH34 Addresses|36 m away
- RM5 3XE, Broomfield Close, Romford, RM5RM5 3XE10 Addresses|76 m away
- RM5 3SQ, Swansea Close, Collier Row, Romford, RM5RM5 3SQ8 Addresses|149 m away
- RM5 3SP, Gobions Avenue, Romford, RM5RM5 3SP14 Addresses|152 m away
- RM5 3XJ, Chelmsford Avenue, Romford, RM5RM5 3XJ43 Addresses|176 m away
Property Types
- 27 mid-century flats built between 1936 and 1979
- 1 flat of an unknown age
- 2 early-century flats built between 1912 and 1935
- 6 other addresses of unknown type
- mid-century flat (27)
- flat (1)
- early-century flat (2)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 29 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (19)
- G (0)
- D (10)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Feb 2021£425,000 | 4 Bed House79A, Chelmsford Avenue, Romford, RM5 3UX79A, Chelmsford Avenue, Romford, RM5 3UX
- Sold Dec 2022£330,000 | 2 Bed Flat80, Chelmsford Avenue, Romford, RM5 3XJ80, Chelmsford Avenue, Romford, RM5 3XJ
- Sold Dec 2022£321,000 | 2 Bed Flat105, Chelmsford Avenue, Romford, RM5 3XB105, Chelmsford Avenue, Romford, RM5 3XB
Schools Nearby
- Rise Park Junior School500 m away
- Rise Park Infant School500 m away
- Clockhouse Primary School1.0 km away
- Bower Park Academy500 m away
- Marshalls Park Academy1.3 km away
- The Royal Liberty School2.8 km away
More reading links
Public Transport Nearby
The closest station to RM5 3XB is Gidea Park station, which is 2.9 kilometres away.
- Gidea Park|2.9 km away
- Romford|3.0 km away
