RM2 5QT is a residential postcode located on Brook Road, Romford, RM2. It is the 170th largest postcode in the RM2 area.
It contains 18 houses and 8 unknown and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £803,884. 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 £624,054 for a freehold house, with 3 bedrooms split across 1,055 square feet of gross internal area and has a garden to £926,897 for a freehold house, with 5 bedrooms split across 2,120 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM2 5QT is £473/ft2.
Properties achieve a rental yield of between 4.6% and 4.9%, and rental values range from £2,549 to £3,678 per month.
The last sale was 03 Aug 2022 for £880,000 and since then the market in the area has decreased by -6.4%. The postcode has had a total of 4 sales since 1995.
RM2 5QT has seen 2 sales in the last three years and no sales in the last twelve months.
RM2 5QT is the 170th largest and the 226th most expensive postcode out of the 264 postcodes in the RM2 area.
RM2 5QT is the 170th largest and the 226th most expensive postcode out of the 264 postcodes in the RM2 area.
RM2 5QT is a residential postcode located on Brook Road, Romford, RM2 with 18 houses and 8 unknown within its bounds.
The most common property type in RM2 5QT 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 E.
The closest station to RM2 5QT is Gidea Park station which is 1.6 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around RM2 5QT, 47.3% of property is privately owned outright and 44.5% 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 5QT, 12.7% of residents are recorded as possessing school level qualifications and 32.3% 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 5QT, 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 5QT, 1.6% 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 5QT, there are an average of 1.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.