RM2 5RP is a residential postcode located on Millbrook Gardens, Gidea Park, Romford, RM2. It is the 230th largest postcode in the RM2 area.
It contains 29 houses and 11 unknown and the most common type of property is a early-century house built between 1912 and 1935.
The average house value is £486,799. Sales values have decreased in the last 12 months by 0.4% and Rental values have increased by 5.8%.
Property sale values range from £316,000 for a freehold house, with 2 bedrooms split across 474 square feet of gross internal area and has a garden to £723,199 for a freehold house, with 4 bedrooms split across 1,195 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM2 5RP is £493/ft2.
Properties achieve a rental yield of between 4.7% and 6.2%, and rental values range from £1,612 to £3,433 per month.
The last sale was 30 Sep 2022 for £585,000 and since then the market in the area has decreased by -4.8%. The postcode has had a total of 4 sales since 1995.
RM2 5RP has seen 4 sales in the last three years and no sales in the last twelve months.
RM2 5RP is the 230th largest and the 112th most expensive postcode out of the 264 postcodes in the RM2 area.
RM2 5RP is the 230th largest and the 112th most expensive postcode out of the 264 postcodes in the RM2 area.
RM2 5RP is a residential postcode located on Millbrook Gardens, Gidea Park, Romford, RM2 with 29 houses and 11 unknown within its bounds.
The most common property type in RM2 5RP 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 D.
The closest station to RM2 5RP is Gidea Park station which is 1.9 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 5RP, 52.8% of property is privately owned outright and 35.4% 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 5RP, 21.3% of residents are recorded as possessing school level qualifications and 29.6% 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 5RP, 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 5RP, 1.5% 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 5RP, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.