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Postcode Overview
of RM2 5BU
RM2 5BU is a residential postcode located on The Ridgeway, Gidea Park, Romford, RM2. It is the 162nd largest postcode in the RM2 area.
It contains 16 houses and 9 unknown and the most common type of property is a early-century house built between 1912 and 1935.
Average property prices
in RM2 5BU
The average house value is £530,018. Sales values have increased in the last 12 months by 0.0% and Rental values have increased by 6.1%.
Property sale values range from £497,239 for a freehold house, with 3 bedrooms split across 926 square feet of gross internal area and has a garden to £689,970 for a freehold house, with 4 bedrooms split across 1,780 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM2 5BU is £502/ft2.
Properties achieve a rental yield of between 5.2% and 5.6%, and rental values range from £2,339 to £3,011 per month.
Recent sales
within RM2 5BU
The last sale was 05 Oct 2023 for £570,000 and since then the market in the area has decreased by -0.2%. The postcode has had a total of 4 sales since 1995.
RM2 5BU has seen 3 sales in the last three years and 1 sale in the last twelve months.
Nearby postcodes
to RM2 5BU
RM2 5BU is the 162nd largest and the 139th most expensive postcode out of the 264 postcodes in the RM2 area.
Nearby postcodes
to RM2 5BU
RM2 5BU is the 162nd largest and the 139th most expensive postcode out of the 264 postcodes in the RM2 area.
Property types
in RM2 5BU
RM2 5BU is a residential postcode located on The Ridgeway, Gidea Park, Romford, RM2 with 16 houses and 9 unknown within its bounds.
The most common property type in RM2 5BU is a early-century house built between 1912 and 1935.
Energy Efficiency
of properties within RM2 5BU
The homes with certificates are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being D.
Schools nearby
to RM2 5BU
Public transport nearby
to RM2 5BU
The closest station to RM2 5BU is Gidea Park station which is 700 metres away.
