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Postcode Overview
of RM2 5EL
RM2 5EL is a residential postcode located on Main Road, Romford, RM2. It is the 137th largest postcode in the RM2 area.
It contains 22 residential addresses consisting of 2 houses, 19 flats and 1 unknown and the most common type of property is a mid-century flat built between 1936 and 1979.
Average property prices
in RM2 5EL
The average house value is £240,809. Sales values have increased in the last 12 months by 1.1% and Rental values have increased by 7.3%.
Property sale values range from £221,501 for a leasehold flat, with 2 bedrooms split across 581 square feet of gross internal area and has no outside space to £653,885 for a freehold house, with 5 bedrooms split across 2,077 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM2 5EL is £354/ft2.
Properties achieve a rental yield of between 5.6% and 7.4%, and rental values range from £1,351 to £3,272 per month.
Recent sales
within RM2 5EL
The last sale was 09 Mar 2016 for £241,000 and since then the market in the area has increased by 8.7%. The postcode has had a total of 4 sales since 1995.
RM2 5EL has seen no sales in the last three years and no sales in the last twelve months.
Nearby postcodes
to RM2 5EL
RM2 5EL is the 137th largest and the 18th most expensive postcode out of the 264 postcodes in the RM2 area.
Nearby postcodes
to RM2 5EL
RM2 5EL is the 137th largest and the 18th most expensive postcode out of the 264 postcodes in the RM2 area.
Property types
in RM2 5EL
RM2 5EL is a residential postcode located on Main Road, Romford, RM2 with 2 houses, 19 flats and 1 unknown within its bounds.
The most common property type in RM2 5EL is a mid-century flat built between 1936 and 1979.
Energy Efficiency
of properties within RM2 5EL
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.
Schools nearby
to RM2 5EL
Public transport nearby
to RM2 5EL
The closest station to RM2 5EL is Gidea Park station which is 700 metres away.
