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Postcode Overview
of RM2 5LU
RM2 5LU is a residential postcode located on Repton Avenue, Romford, RM2. It is the 54th largest postcode in the RM2 area.
It contains 11 houses and the most common type of property is a early-century house built between 1912 and 1935.
Average property prices
in RM2 5LU
The average house value is £708,636. Sales values have decreased in the last 12 months by 1.6% and Rental values have increased by 4.4%.
Property sale values range from £494,993 for a leasehold flat, with 2 bedrooms split across 1,647 square feet of gross internal area and has no outside space to £898,254 for a freehold house, with 5 bedrooms split across 2,368 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM2 5LU is £451/ft2.
Properties achieve a rental yield of between 4.9% and 6%, and rental values range from £2,467 to £3,774 per month.
Recent sales
within RM2 5LU
The last sale was 03 Aug 2022 for £710,000 and since then the market in the area has decreased by -5.4%. The postcode has had a total of 4 sales since 1995.
RM2 5LU has seen 2 sales in the last three years and no sales in the last twelve months.
Nearby postcodes
to RM2 5LU
RM2 5LU is the 54th largest and the 198th most expensive postcode out of the 264 postcodes in the RM2 area.
Nearby postcodes
to RM2 5LU
RM2 5LU is the 54th largest and the 198th most expensive postcode out of the 264 postcodes in the RM2 area.
Property types
in RM2 5LU
RM2 5LU is a residential postcode located on Repton Avenue, Romford, RM2 with 11 houses within its bounds.
The most common property type in RM2 5LU is a early-century house built between 1912 and 1935.
Energy Efficiency
of properties within RM2 5LU
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 5LU
Public transport nearby
to RM2 5LU
The closest station to RM2 5LU is Gidea Park station which is 700 metres away.
