Chelmsford Avenue - RM5 3XJ
Key Postcode Insights
RM5 3XJ is a residential postcode situated on Chelmsford Avenue, Romford, RM5 with 43 addresses.
It ranks as the 341st largest and 55th 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 43 properties: 43 flats.
- Ave. Sale Price
- £292,480
- 10 Year change
- up 12.3%
- Ave. Rental Price
- £1,680pcm
- 10 Year change
- up 29.3%
- Ave. £ per ft²
- £400/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Key Postcode Insights
RM5 3XJ is a residential postcode situated on Chelmsford Avenue, Romford, RM5 with 43 addresses.
It ranks as the 341st largest and 55th 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 43 properties: 43 flats.
- Ave. Sale Price
- £292,480
- 10 Year change
- up 12.3%
- Ave. Rental Price
- £1,680pcm
- 10 Year change
- up 29.3%
- Ave. £ per ft²
- £400/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Explore Propertiesin RM5 3XJ
- 2 Chelmsford Avenue
3 Bed Mid-century Flat
- 4 Chelmsford Avenue
Unknown
- 6 Chelmsford Avenue
2 Bed Mid-century Flat
- 8 Chelmsford Avenue
2 Bed Mid-century Flat
- 10 Chelmsford Avenue
2 Bed Mid-century Flat
Sales Market Trends
The last sale in RM5 3XJ sold for £238,500 on 23rd February 2023. Since then prices are down an average of 2.8%.
The current average value in the postcode is £292,480.
The RM5 3XJ Sales Market has increased by 12.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.4% | £292,480 |
| June 2025 | 0.6% | £296,564 |
| June 2024 | -0.8% | £294,828 |
| June 2023 | -1.5% | £297,097 |
| June 2022 | 9.3% | £301,552 |
| June 2021 | 2.2% | £275,863 |
| June 2020 | 2% | £269,825 |
| June 2019 | 0.9% | £264,556 |
| June 2018 | -1.5% | £262,129 |
| June 2017 | 2.2% | £266,076 |
| June 2016 | 16.6% | £260,360 |
| June 2015 | 12.2% | £223,288 |
| June 2014 | 12.8% | £198,965 |
| June 2013 | 1.7% | £176,416 |
| June 2012 | 4.5% | £173,507 |
| June 2011 | -1.2% | £166,070 |
| June 2010 | 6.1% | £168,112 |
| June 2009 | -13.7% | £158,432 |
| June 2008 | 0% | £183,657 |
| June 2007 | 0% | £183,621 |
Rental Market Trends
The current average rental value in the postcode is £1,680.
The RM5 3XJ Rental Market has increased by 29.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1% | £1,680pcm |
| June 2025 | 3.6% | £1,663pcm |
| June 2024 | 5.5% | £1,605pcm |
| June 2023 | 14.2% | £1,521pcm |
| June 2022 | 5.5% | £1,332pcm |
| June 2021 | -2.6% | £1,262pcm |
| June 2020 | 2.1% | £1,295pcm |
| June 2019 | 1.9% | £1,269pcm |
| June 2018 | -1% | £1,245pcm |
| June 2017 | -3.2% | £1,258pcm |
| June 2016 | 5.7% | £1,300pcm |
| June 2015 | 6.6% | £1,230pcm |
| June 2014 | 8% | £1,154pcm |
| June 2013 | 3.8% | £1,068pcm |
| June 2012 | 5.7% | £1,029pcm |
| June 2011 | 6.9% | £974pcm |
| June 2010 | 1.9% | £911pcm |
| June 2009 | -6.3% | £894pcm |
| June 2008 | 7.3% | £954pcm |
| June 2007 | 0% | £889pcm |
Sales History
The last sale was on 23rd February 2023 for £238,500 and since then the market in the area has decreased by 2.8%. The postcode has had a total of 40 sales since 1995.
RM5 3XJ has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Feb 2023£238,500 | 2 Bed Flat84, Chelmsford Avenue, Romford, RM5 3XJ84, Chelmsford Avenue, Romford, RM5 3XJ
- Sold Dec 2022£330,000 | 2 Bed Flat80, Chelmsford Avenue, Romford, RM5 3XJ80, Chelmsford Avenue, Romford, RM5 3XJ
- Sold Oct 2022£315,000 | 2 Bed Flat70, Chelmsford Avenue, Romford, RM5 3XJ70, Chelmsford Avenue, Romford, RM5 3XJ
- Sold Jan 2022£240,000 | 2 Bed Flat78, Chelmsford Avenue, Romford, RM5 3XJ78, Chelmsford Avenue, Romford, RM5 3XJ
- Sold Jan 2022£125,000 | 2 Bed Flat68, Chelmsford Avenue, Romford, RM5 3XJ68, Chelmsford Avenue, Romford, RM5 3XJ
Nearby Postcodes
RM5 3XJ is the 341st largest and the 55th most expensive postcode out of the 369 postcodes in the RM5 area.
- RM5 3UX, Chelmsford Avenue, Romford, RM5RM5 3UX53 Addresses|40 m away
- RM5 3XP, Chase Cross Road, Romford, RM5RM5 3XP28 Addresses|80 m away
- RM5 3XE, Broomfield Close, Romford, RM5RM5 3XE10 Addresses|101 m away
- RM5 3XL, Chase Cross Road, Romford, RM5RM5 3XL14 Addresses|124 m away
- RM5 3YJ, Chase Cross Road, Romford, RM5RM5 3YJ14 Addresses|127 m away
Property Types
- 29 mid-century flats built between 1936 and 1979
- 1 flat of an unknown age
- 13 other addresses of unknown type
- mid-century flat (29)
- flat (1)
- Unknown (13)
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 (23)
- G (0)
- D (6)
- No EPC (14)
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 School700 m away
- Rise Park Infant School700 m away
- Clockhouse Primary School800 m away
- Bower Park Academy500 m away
- Marshalls Park Academy1.5 km away
- The Royal Liberty School3.0 km away
More reading links
Public Transport Nearby
The closest station to RM5 3XJ is Gidea Park station, which is 3.1 kilometres away.
- Gidea Park|3.1 km away
- Romford|3.1 km away
