RM2 5RB is a residential postcode located on Park Boulevard, Romford, RM2. It is the 88th largest postcode in the RM2 area.
It contains 11 houses and 6 unknown and the most common type of property is a early-century house built between 1912 and 1935.
The average house value is £635,614. 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 £562,009 for a freehold house, with 4 bedrooms split across 1,149 square feet of gross internal area and has a garden to £755,878 for a freehold house, with 5 bedrooms split across 2,089 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM2 5RB is £449/ft2.
Properties achieve a rental yield of between 4.7% and 5.6%, and rental values range from £2,632 to £3,427 per month.
The last sale was 12 Apr 2024 for £585,000 and since then the market in the area has decreased by -0.5%. The postcode has had a total of 4 sales since 1995.
RM2 5RB has seen 3 sales in the last three years and 1 sale in the last twelve months.
RM2 5RB is the 88th largest and the 178th most expensive postcode out of the 264 postcodes in the RM2 area.
RM2 5RB is the 88th largest and the 178th most expensive postcode out of the 264 postcodes in the RM2 area.
RM2 5RB is a residential postcode located on Park Boulevard, Romford, RM2 with 11 houses and 6 unknown within its bounds.
The most common property type in RM2 5RB is a early-century house built between 1912 and 1935.
The homes with certificates are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to RM2 5RB is Gidea Park station which is 1.7 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 5RB, 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 5RB, 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 5RB, 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 5RB, 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 5RB, 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.