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Postcode Overview
of RM5 2TJ
RM5 2TJ is a residential postcode located on Clockhouse Lane, Romford, RM5. It is the 234th largest postcode in the RM5 area.
It contains 25 residential addresses consisting of 20 houses, 2 flats and 3 unknown and the most common type of property is a early-century house built between 1912 and 1935.
Average property prices
in RM5 2TJ
The average house value is £418,738. Sales values have decreased in the last 12 months by 1.6% and Rental values have increased by 5.5%.
Property sale values range from £250,089 for a leasehold flat, with 1 bedrooms split across 420 square feet of gross internal area and has no outside space to £475,824 for a freehold house, with 4 bedrooms split across 1,153 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM5 2TJ is £460/ft2.
Properties achieve a rental yield of between 5.6% and 5.8%, and rental values range from £1,160 to £2,209 per month.
Recent sales
within RM5 2TJ
The last sale was 30 Oct 2023 for £435,000 and since then the market in the area has decreased by -1%. The postcode has had a total of 4 sales since 1995.
RM5 2TJ has seen 4 sales in the last three years and 1 sale in the last twelve months.
Nearby postcodes
to RM5 2TJ
RM5 2TJ is the 234th largest and the 227th most expensive postcode out of the 374 postcodes in the RM5 area.
Nearby postcodes
to RM5 2TJ
RM5 2TJ is the 234th largest and the 227th most expensive postcode out of the 374 postcodes in the RM5 area.
Property types
in RM5 2TJ
RM5 2TJ is a residential postcode located on Clockhouse Lane, Romford, RM5 with 20 houses, 2 flats and 3 unknown within its bounds.
The most common property type in RM5 2TJ is a early-century house built between 1912 and 1935.
Energy Efficiency
of properties within RM5 2TJ
The homes with certificates are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being D.
Schools nearby
to RM5 2TJ
Public transport nearby
to RM5 2TJ
The closest station to RM5 2TJ is Romford station which is 3.8 kilometres away.
