Chase Cross Road - RM5 3XR
Key Postcode Insights
RM5 3XR is a residential postcode situated on Chase Cross Road, Romford, RM5 with 24 addresses.
It ranks as the 357th largest of the 526 postcodes in the RM5 area.
The postcode contains a total of 24 properties: 9 houses and 15 other properties.
- Ave. Sale Price
- £467,479
- 10 Year change
- up 28.5%
- Ave. Rental Price
- £2,245pcm
- 10 Year change
- up 47.9%
- Ave. £ per ft²
- £432/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Key Postcode Insights
RM5 3XR is a residential postcode situated on Chase Cross Road, Romford, RM5 with 24 addresses.
It ranks as the 357th largest of the 526 postcodes in the RM5 area.
The postcode contains a total of 24 properties: 9 houses and 15 other properties.
- Ave. Sale Price
- £467,479
- 10 Year change
- up 28.5%
- Ave. Rental Price
- £2,245pcm
- 10 Year change
- up 47.9%
- Ave. £ per ft²
- £432/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Explore Properties in RM5 3XR
- 256 Chase Cross Road
3 Bed Mid-century House
- 258 Chase Cross Road
House
- 260 Chase Cross Road
3 Bed Mid-century House
- 262 Chase Cross Road
House
- 264 Chase Cross Road
House
Sales Market Trends
The last sale in RM5 3XR sold for £459,000 on 24th March 2023. Since then prices are down an average of 0.5%.
The current average value in the postcode is £467,479.
The RM5 3XR Sales Market has increased by 28.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -1% | £467,479 |
| July 2025 | 1.7% | £472,297 |
| July 2024 | -0.3% | £464,593 |
| July 2023 | 0% | £466,042 |
| July 2022 | 12.2% | £466,133 |
| July 2021 | 5.5% | £415,602 |
| July 2020 | 2.5% | £394,031 |
| July 2019 | 1.2% | £384,295 |
| July 2018 | 0.6% | £379,682 |
| July 2017 | 3.7% | £377,346 |
| July 2016 | 15.6% | £363,932 |
| July 2015 | 11.6% | £314,716 |
| July 2014 | 12.7% | £281,940 |
| July 2013 | 3.9% | £250,088 |
| July 2012 | 1.8% | £240,671 |
| July 2011 | -1.1% | £236,416 |
| July 2010 | 9.5% | £239,022 |
| July 2009 | -8.7% | £218,260 |
| July 2008 | 1.9% | £239,088 |
| July 2007 | 0% | £234,541 |
Rental Market Trends
The current average rental value in the postcode is £2,245.
The RM5 3XR Rental Market has increased by 47.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 2.4% | £2,245pcm |
| July 2025 | 3.6% | £2,193pcm |
| July 2024 | 8.1% | £2,118pcm |
| July 2023 | 12.8% | £1,959pcm |
| July 2022 | 8.4% | £1,736pcm |
| July 2021 | 2.2% | £1,602pcm |
| July 2020 | 1.6% | £1,567pcm |
| July 2019 | 1.1% | £1,542pcm |
| July 2018 | 0.5% | £1,526pcm |
| July 2017 | 0% | £1,518pcm |
| July 2016 | 2.9% | £1,518pcm |
| July 2015 | 7.9% | £1,476pcm |
| July 2014 | 5.6% | £1,367pcm |
| July 2013 | 3.3% | £1,295pcm |
| July 2012 | 5.6% | £1,254pcm |
| July 2011 | 7.3% | £1,187pcm |
| July 2010 | 7.9% | £1,106pcm |
| July 2009 | -2.4% | £1,025pcm |
| July 2008 | 11.1% | £1,050pcm |
| July 2007 | 0% | £945pcm |
Sales History
The last recorded sale was on 24th March 2023 for £459,000 and since then the market in the area has decreased by 0.5%.
RM5 3XR has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Mar 2023£459,000 | 3 Bed House294, Chase Cross Road, Romford, RM5 3XR294, Chase Cross Road, Romford, RM5 3XR
- Sold Apr 2022£520,000 | 4 Bed House290, Chase Cross Road, Romford, RM5 3XR290, Chase Cross Road, Romford, RM5 3XR
- Sold Nov 2020£380,000 | 3 Bed House268, Chase Cross Road, Romford, RM5 3XR268, Chase Cross Road, Romford, RM5 3XR
Nearby Postcodes
RM5 3XR is the 357th largest and the 327th most expensive postcode out of the 526 postcodes in the RM5 area.
- RM5 3XA, Galleywood Crescent, Romford, RM5RM5 3XA40 Addresses|68 m away
- RM5 3XS, Chase Cross Road, Romford, RM5RM5 3XS18 Addresses|84 m away
- RM5 3YB, Merlin Close, Romford, RM5RM5 3YB15 Addresses|132 m away
- RM5 3XP, Chase Cross Road, Romford, RM5RM5 3XP28 Addresses|196 m away
- RM5 3XJ, Chelmsford Avenue, Romford, RM5RM5 3XJ43 Addresses|197 m away
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 9 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (4)
- G (0)
- D (4)
- No EPC (15)
Top 3 Most Expensive Sales
- Sold Jan 2019£1,450,000 | 2 Bed FlatFlat 1, 253, Chase Cross Road, Romford, RM5 3XSFlat 1, 253, Chase Cross Road, Romford, RM5 3XS
- Sold Dec 2020£930,000 | 5 Bed House42, Chase Cross Road, Romford, RM5 3PR42, Chase Cross Road, Romford, RM5 3PR
- Sold Apr 2021£925,000 | 2 Bed Flat9-11, Chase Cross Road, Romford, RM5 3PJ9-11, Chase Cross Road, Romford, RM5 3PJ
Schools Nearby
- Rise Park Junior School800 m away
- Rise Park Infant School800 m away
- Clockhouse Primary School1.0 km away
- Bower Park Academy300 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 3XR is Gidea Park station, which is 3.1 kilometres away.
- Gidea Park|3.1 km away
- Romford|3.2 km away