Merlin Road - RM5 3YH
Key Postcode Insights
RM5 3YH is a residential postcode situated on Merlin Road, Romford, RM5 with 20 addresses.
It ranks as the 203rd largest and 271st 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 20 properties: 20 houses.
- Ave. Sale Price
- £491,025
- 10 Year change
- up 28.9%
- Ave. Rental Price
- £2,742pcm
- 10 Year change
- up 48.2%
- Ave. £ per ft²
- £487/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Key Postcode Insights
RM5 3YH is a residential postcode situated on Merlin Road, Romford, RM5 with 20 addresses.
It ranks as the 203rd largest and 271st 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 20 properties: 20 houses.
- Ave. Sale Price
- £491,025
- 10 Year change
- up 28.9%
- Ave. Rental Price
- £2,742pcm
- 10 Year change
- up 48.2%
- Ave. £ per ft²
- £487/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Explore Propertiesin RM5 3YH
- 21 Merlin Road
4 Bed Early-century House
- 23 Merlin Road
3 Bed Early-century House
- 25 Merlin Road
3 Bed Early-century House
- 27 Merlin Road
4 Bed Early-century House
- 29 Merlin Road
Unknown
Sales Market Trends
The last sale in RM5 3YH sold for £475,000 on 14th March 2025. Since then prices have on average remained the same.
The current average value in the postcode is £491,025.
The RM5 3YH Sales Market has increased by 28.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.4% | £491,025 |
| June 2025 | 2% | £493,176 |
| June 2024 | -0.8% | £483,539 |
| June 2023 | -0.2% | £487,447 |
| June 2022 | 12.1% | £488,537 |
| June 2021 | 6.3% | £435,891 |
| June 2020 | 2.5% | £410,102 |
| June 2019 | 1.6% | £399,978 |
| June 2018 | -0.1% | £393,689 |
| June 2017 | 3.4% | £394,032 |
| June 2016 | 17.2% | £380,952 |
| June 2015 | 11.9% | £324,971 |
| June 2014 | 13.8% | £290,292 |
| June 2013 | 2.5% | £255,197 |
| June 2012 | 2.9% | £248,925 |
| June 2011 | 0.1% | £241,810 |
| June 2010 | 10.3% | £241,649 |
| June 2009 | -10.9% | £219,057 |
| June 2008 | 0.6% | £245,908 |
| June 2007 | 0% | £244,443 |
Rental Market Trends
The current average rental value in the postcode is £2,742.
The RM5 3YH Rental Market has increased by 48.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2% | £2,742pcm |
| June 2025 | 5.1% | £2,689pcm |
| June 2024 | 5.4% | £2,558pcm |
| June 2023 | 15.7% | £2,427pcm |
| June 2022 | 8.2% | £2,098pcm |
| June 2021 | 1.3% | £1,940pcm |
| June 2020 | 2.6% | £1,915pcm |
| June 2019 | 2.6% | £1,867pcm |
| June 2018 | 0.4% | £1,820pcm |
| June 2017 | -2.1% | £1,812pcm |
| June 2016 | 6.2% | £1,850pcm |
| June 2015 | 6.3% | £1,742pcm |
| June 2014 | 9% | £1,638pcm |
| June 2013 | 4.6% | £1,502pcm |
| June 2012 | 4.1% | £1,436pcm |
| June 2011 | 8.3% | £1,379pcm |
| June 2010 | 6% | £1,274pcm |
| June 2009 | -3.3% | £1,202pcm |
| June 2008 | 7.9% | £1,243pcm |
| June 2007 | 0% | £1,151pcm |
Sales History
The last sale was on 14th March 2025 for £475,000 and since then the market in the area has remained stable. The postcode has had a total of 21 sales since 1995.
RM5 3YH has seen 4 sales in the last three years and no sales in the last twelve months.
- Sold Mar 2025£475,000 | 3 Bed House33, Merlin Road, Romford, RM5 3YH33, Merlin Road, Romford, RM5 3YH
- Sold Dec 2024£755,000 | 4 Bed House27, Merlin Road, Romford, RM5 3YH27, Merlin Road, Romford, RM5 3YH
- Sold Nov 2024£450,000 | 3 Bed House50, Merlin Road, Romford, RM5 3YH50, Merlin Road, Romford, RM5 3YH
- Sold Oct 2024£440,000 | 3 Bed House23, Merlin Road, Romford, RM5 3YH23, Merlin Road, Romford, RM5 3YH
- Sold Sep 2015£395,000 | 3 Bed House25, Merlin Road, Romford, RM5 3YH25, Merlin Road, Romford, RM5 3YH
Nearby Postcodes
RM5 3YH is the 203rd largest and the 271st most expensive postcode out of the 369 postcodes in the RM5 area.
- RM5 3AN, Highfield Road, Romford, RM5RM5 3AN20 Addresses|88 m away
- RM5 3AW, Highfield Road, Romford, RM5RM5 3AW26 Addresses|88 m away
- RM5 3YD, Merlin Gardens, Romford, RM5RM5 3YD30 Addresses|98 m away
- RM5 3FH, Avelon Road, Romford, RM5RM5 3FH5 Addresses|102 m away
- RM5 3XX, Avelon Road, Romford, RM5RM5 3XX38 Addresses|127 m away
Property Types
- 3 mid-century houses built between 1936 and 1979
- 9 early-century houses built between 1912 and 1935
- 8 other addresses of unknown type
- mid-century house (3)
- early-century house (9)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 12 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (0)
- F (0)
- C (2)
- G (0)
- D (6)
- No EPC (8)
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 School1.0 km away
- Rise Park Junior School1.1 km away
- Rise Park Infant School1.1 km away
- Bower Park Academy300 m away
- Marshalls Park Academy1.8 km away
- The Royal Liberty School3.3 km away
More reading links
Public Transport Nearby
The closest station to RM5 3YH is Gidea Park station, which is 3.4 kilometres away.
- Gidea Park|3.4 km away
- Romford|3.5 km away
