RM2 5AA is a residential postcode located on Carlton Road, Romford, RM2. It is the 193rd largest postcode in the RM2 area.
It contains 29 residential addresses consisting of 4 houses, 18 flats and 7 unknown and the most common type of property is a early-century flat built between 1912 and 1935.
The average house value is £273,856. Sales values have increased in the last 12 months by 0.3% and Rental values have increased by 6.4%.
Property sale values range from £199,351 for a leasehold flat, with 1 bedrooms split across 388 square feet of gross internal area and has no outside space to £611,981 for a freehold house, with 4 bedrooms split across 1,163 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM2 5AA is £468/ft2.
Properties achieve a rental yield of between 5.3% and 6.6%, and rental values range from £1,073 to £2,696 per month.
The last sale was 16 Jan 2023 for £482,000 and since then the market in the area has decreased by -1.1%. The postcode has had a total of 4 sales since 1995.
RM2 5AA has seen 4 sales in the last three years and no sales in the last twelve months.
RM2 5AA is the 193rd largest and the 32nd most expensive postcode out of the 264 postcodes in the RM2 area.
RM2 5AA is the 193rd largest and the 32nd most expensive postcode out of the 264 postcodes in the RM2 area.
RM2 5AA is a residential postcode located on Carlton Road, Romford, RM2 with 4 houses, 18 flats and 7 unknown within its bounds.
The most common property type in RM2 5AA is a early-century flat built between 1912 and 1935.
The homes with certificates are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to RM2 5AA is Romford station which is 600 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around RM2 5AA, 30.5% of property is socially rented and 29.8% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around RM2 5AA, 14.0% of residents are recorded as possessing school level qualifications and 22.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around RM2 5AA, the average age was 37 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around RM2 5AA, 0.9% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around RM2 5AA, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.