RM5 2UR is a residential postcode located on Carter Drive, Romford, RM5. It is the 154th largest postcode in the RM5 area.
It contains 16 residential addresses consisting of 11 houses, 1 flat and 4 unknown and the most common type of property is a early-century house built between 1912 and 1935.
The average house value is £445,673. Sales values have decreased in the last 12 months by 1.5% and Rental values have increased by 5.5%.
Property sale values range from £342,461 for a leasehold flat, with 3 bedrooms split across 894 square feet of gross internal area and has a garden to £520,370 for a freehold house, with 4 bedrooms split across 1,345 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM5 2UR is £440/ft2.
Properties achieve a rental yield of between 5.3% and 6.5%, and rental values range from £1,837 to £2,307 per month.
The last sale was 06 Jul 2022 for £415,000 and since then the market in the area has decreased by -6.2%. The postcode has had a total of 4 sales since 1995.
RM5 2UR has seen 2 sales in the last three years and no sales in the last twelve months.
RM5 2UR is the 154th largest and the 292nd most expensive postcode out of the 374 postcodes in the RM5 area.
RM5 2UR is the 154th largest and the 292nd most expensive postcode out of the 374 postcodes in the RM5 area.
RM5 2UR is a residential postcode located on Carter Drive, Romford, RM5 with 11 houses, 1 flat and 4 unknown within its bounds.
The most common property type in RM5 2UR 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 RM5 2UR is Romford station which is 3.8 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around RM5 2UR, 45.0% of property is privately owned outright and 41.2% 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 RM5 2UR, 19.0% of residents are recorded as possessing school level qualifications and 28.7% 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 RM5 2UR, the average age was 39.2 and the most common age was 42.
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 RM5 2UR, 1.4% 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 RM5 2UR, 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.