Merlin Road - RM5 3YA
Key Postcode Insights
RM5 3YA is a residential postcode situated on Merlin Road, Romford, RM5 with 36 addresses.
It ranks as the 306th largest and 295th most expensive of the 369 postcodes in the RM5 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 36 properties: 36 houses.
- Ave. Sale Price
- £475,223
- 10 Year change
- up 28.9%
- Ave. Rental Price
- £2,678pcm
- 10 Year change
- up 48.4%
- Ave. £ per ft²
- £499/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Key Postcode Insights
RM5 3YA is a residential postcode situated on Merlin Road, Romford, RM5 with 36 addresses.
It ranks as the 306th largest and 295th most expensive of the 369 postcodes in the RM5 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 36 properties: 36 houses.
- Ave. Sale Price
- £475,223
- 10 Year change
- up 28.9%
- Ave. Rental Price
- £2,678pcm
- 10 Year change
- up 48.4%
- Ave. £ per ft²
- £499/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Explore Propertiesin RM5 3YA
- 1A Merlin Road
4 Bed Modern House
- 1 Merlin Road
Unknown
- 2A Merlin Road
3 Bed House
- 2B Merlin Road
3 Bed Mid-century House
- 2C Merlin Road
3 Bed Mid-century House
Sales Market Trends
The last sale in RM5 3YA sold for £450,000 on 19th August 2025. Since then prices are up an average of 8.8%.
The current average value in the postcode is £475,223.
The RM5 3YA Sales Market has increased by 28.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.3% | £475,223 |
| June 2025 | 2.2% | £476,636 |
| June 2024 | -0.9% | £466,524 |
| June 2023 | -0.1% | £470,875 |
| June 2022 | 12.2% | £471,473 |
| June 2021 | 6.2% | £420,386 |
| June 2020 | 2.5% | £395,723 |
| June 2019 | 1.5% | £386,143 |
| June 2018 | -0.2% | £380,420 |
| June 2017 | 3.4% | £381,177 |
| June 2016 | 17.6% | £368,579 |
| June 2015 | 12.3% | £313,416 |
| June 2014 | 13.9% | £279,014 |
| June 2013 | 2.5% | £245,028 |
| June 2012 | 3% | £239,031 |
| June 2011 | -0.1% | £231,994 |
| June 2010 | 10% | £232,182 |
| June 2009 | -11.3% | £210,998 |
| June 2008 | 0.8% | £237,810 |
| June 2007 | 0% | £235,970 |
Rental Market Trends
The current average rental value in the postcode is £2,678.
The RM5 3YA Rental Market has increased by 48.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £2,678pcm |
| June 2025 | 5.3% | £2,622pcm |
| June 2024 | 5.3% | £2,491pcm |
| June 2023 | 15.8% | £2,365pcm |
| June 2022 | 8.2% | £2,043pcm |
| June 2021 | 1.2% | £1,887pcm |
| June 2020 | 2.5% | £1,864pcm |
| June 2019 | 2.5% | £1,818pcm |
| June 2018 | 0.3% | £1,773pcm |
| June 2017 | -2.1% | £1,768pcm |
| June 2016 | 6.6% | £1,805pcm |
| June 2015 | 6.7% | £1,694pcm |
| June 2014 | 9.1% | £1,587pcm |
| June 2013 | 4.6% | £1,455pcm |
| June 2012 | 4.2% | £1,391pcm |
| June 2011 | 8.1% | £1,335pcm |
| June 2010 | 5.7% | £1,235pcm |
| June 2009 | -3.7% | £1,168pcm |
| June 2008 | 8.1% | £1,212pcm |
| June 2007 | 0% | £1,121pcm |
Sales History
The last sale was on 19th August 2025 for £450,000 and since then the market in the area has increased by 8.8%. The postcode has had a total of 45 sales since 1995.
RM5 3YA has seen 1 sale in the last three years and 1 sale in the last twelve months.
- Sold Aug 2025£450,000 | 3 Bed House24, Merlin Road, Romford, RM5 3YA24, Merlin Road, Romford, RM5 3YA
- Sold Dec 2021£565,000 | 4 Bed House1A, Merlin Road, Romford, RM5 3YA1A, Merlin Road, Romford, RM5 3YA
- Sold Oct 2021£385,000 | 3 Bed House2C, Merlin Road, Romford, RM5 3YA2C, Merlin Road, Romford, RM5 3YA
- Sold Jun 2021£495,000 | 3 Bed House6, Merlin Road, Romford, RM5 3YA6, Merlin Road, Romford, RM5 3YA
- Sold Apr 2021£507,000 | 4 Bed House12, Merlin Road, Romford, RM5 3YA12, Merlin Road, Romford, RM5 3YA
Nearby Postcodes
RM5 3YA is the 306th largest and the 295th most expensive postcode out of the 369 postcodes in the RM5 area.
- RM5 3YB, Merlin Close, Romford, RM5RM5 3YB15 Addresses|69 m away
- RM5 3FH, Avelon Road, Romford, RM5RM5 3FH5 Addresses|116 m away
- RM5 3XX, Avelon Road, Romford, RM5RM5 3XX38 Addresses|116 m away
- RM5 3XS, Chase Cross Road, Romford, RM5RM5 3XS18 Addresses|122 m away
- RM5 3XU, Avelon Road, Romford, RM5RM5 3XU16 Addresses|127 m away
Property Types
- 1 modern house built after 1980
- 16 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 4 early-century houses built between 1912 and 1935
- 13 other addresses of unknown type
- modern house (1)
- mid-century house (16)
- house (2)
- early-century house (4)
- Unknown (13)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 21 properties.
- The most common rating is D.
- A (0)
- E (5)
- B (0)
- F (1)
- C (5)
- G (0)
- D (10)
- No EPC (15)
Top 3 Most Expensive Sales
- Sold Dec 2024£755,000 | 4 Bed House27, Merlin Road, Romford, RM5 3YH27, Merlin Road, Romford, RM5 3YH
- Sold Dec 2021£565,000 | 4 Bed House1A, Merlin Road, Romford, RM5 3YA1A, Merlin Road, Romford, RM5 3YA
- Sold Jul 2019£515,000 | 4 Bed House19, Merlin Road, Romford, RM5 3YA19, Merlin Road, Romford, RM5 3YA
Schools Nearby
- Clockhouse Primary School900 m away
- Rise Park Junior School900 m away
- Rise Park Infant School900 m away
- Bower Park Academy300 m away
- Marshalls Park Academy1.7 km away
- The Royal Liberty School3.2 km away
More reading links
Public Transport Nearby
The closest station to RM5 3YA is Gidea Park station, which is 3.3 kilometres away.
- Gidea Park|3.3 km away
- Romford|3.4 km away
