RM2 5PL is a residential postcode located on Parkway, Romford, RM2. It is the 101st largest postcode in the RM2 area.
It contains 12 houses and 6 unknown and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £914,034. Sales values have decreased in the last 12 months by 2.7% and Rental values have increased by 3.3%.
Property sale values range from £601,780 for a freehold house, with 3 bedrooms split across 786 square feet of gross internal area and has a garden to £1,038,283 for a freehold house, with 5 bedrooms split across 2,027 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM2 5PL is £544/ft2.
Properties achieve a rental yield of between 4.6% and 5.1%, and rental values range from £2,536 to £4,088 per month.
The last sale was 15 Mar 2024 for £970,000 and since then the market in the area has increased by 0%. The postcode has had a total of 4 sales since 1995.
RM2 5PL has seen 4 sales in the last three years and 2 sales in the last twelve months.
RM2 5PL is the 101st largest and the 240th most expensive postcode out of the 264 postcodes in the RM2 area.
RM2 5PL is the 101st largest and the 240th most expensive postcode out of the 264 postcodes in the RM2 area.
RM2 5PL is a residential postcode located on Parkway, Romford, RM2 with 12 houses and 6 unknown within its bounds.
The most common property type in RM2 5PL is a mid-century house built between 1936 and 1979.
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to RM2 5PL is Gidea Park station which is 1.6 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around RM2 5PL, 55.2% of property is privately owned outright and 40.3% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around RM2 5PL, 16.4% of residents are recorded as possessing school level qualifications and 27.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around RM2 5PL, the average age was 44 and the most common age was 57.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around RM2 5PL, 1.1% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around RM2 5PL, there are an average of 1.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.