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Postcode Overview
of RM2 5LP
RM2 5LP is a residential postcode located on Repton Drive, Romford, RM2. It is the 204th largest postcode in the RM2 area.
It contains 31 residential addresses consisting of 12 houses, 12 flats and 7 unknown and the most common type of property is a early-century flat built between 1912 and 1935.
Average property prices
in RM2 5LP
The average house value is £630,468. Sales values have decreased in the last 12 months by 0.3% and Rental values have increased by 5.7%.
Property sale values range from £263,211 for a leasehold flat, with 2 bedrooms split across 714 square feet of gross internal area and has no outside space to £1,156,914 for a freehold house, with 5 bedrooms split across 2,906 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM2 5LP is £499/ft2.
Properties achieve a rental yield of between 4.6% and 7.1%, and rental values range from £1,521 to £4,555 per month.
Recent sales
within RM2 5LP
The last sale was 13 Feb 2024 for £620,000 and since then the market in the area has increased by 1.2%. The postcode has had a total of 4 sales since 1995.
RM2 5LP has seen 4 sales in the last three years and 2 sales in the last twelve months.
Nearby postcodes
to RM2 5LP
RM2 5LP is the 204th largest and the 175th most expensive postcode out of the 264 postcodes in the RM2 area.
Nearby postcodes
to RM2 5LP
RM2 5LP is the 204th largest and the 175th most expensive postcode out of the 264 postcodes in the RM2 area.
Property types
in RM2 5LP
RM2 5LP is a residential postcode located on Repton Drive, Romford, RM2 with 12 houses, 12 flats and 7 unknown within its bounds.
The most common property type in RM2 5LP is a early-century flat built between 1912 and 1935.
Energy Efficiency
of properties within RM2 5LP
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 5LP
Public transport nearby
to RM2 5LP
The closest station to RM2 5LP is Gidea Park station which is 700 metres away.
