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Postcode Overview
of RM2 5LJ
RM2 5LJ is a residential postcode located on Tudor Drive, Romford, RM2. It is the 244th largest postcode in the RM2 area.
It contains 46 residential addresses consisting of 1 house, 30 flats and 15 unknown and the most common type of property is a early-century flat built between 1912 and 1935.
Average property prices
in RM2 5LJ
The average house value is £317,380. Sales values have increased in the last 12 months by 1.1% and Rental values have increased by 7.2%.
Property sale values range from £237,488 for a leasehold flat, with 2 bedrooms split across 592 square feet of gross internal area and has no outside space to £590,810 for a freehold house, with 4 bedrooms split across 1,227 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM2 5LJ is £487/ft2.
Properties achieve a rental yield of between 5.5% and 6%, and rental values range from £1,175 to £2,693 per month.
Recent sales
within RM2 5LJ
The last sale was 05 May 2023 for £357,000 and since then the market in the area has increased by 1.4%. The postcode has had a total of 4 sales since 1995.
RM2 5LJ has seen 4 sales in the last three years and no sales in the last twelve months.
Nearby postcodes
to RM2 5LJ
RM2 5LJ is the 244th largest and the 55th most expensive postcode out of the 264 postcodes in the RM2 area.
Nearby postcodes
to RM2 5LJ
RM2 5LJ is the 244th largest and the 55th most expensive postcode out of the 264 postcodes in the RM2 area.
Property types
in RM2 5LJ
RM2 5LJ is a residential postcode located on Tudor Drive, Romford, RM2 with 1 house, 30 flats and 15 unknown within its bounds.
The most common property type in RM2 5LJ is a early-century flat built between 1912 and 1935.
Energy Efficiency
of properties within RM2 5LJ
The homes with certificates are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being E.
Schools nearby
to RM2 5LJ
Public transport nearby
to RM2 5LJ
The closest station to RM2 5LJ is Gidea Park station which is 700 metres away.
