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RM5 3AE

RM5 3AE

Last update: Sep 2024

Postcode Overview

of RM5 3AE

RM5 3AE is a residential postcode located on Highfield Road, Romford, RM5. It is the 291st largest postcode in the RM5 area.

It contains 33 residential addresses consisting of 18 houses, 4 flats and 11 unknown and the most common type of property is a mid-century house built between 1936 and 1979.

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Average property prices

in RM5 3AE

The average house value is £379,530. Sales values have decreased in the last 12 months by 1.3% and Rental values have increased by 5.8%.

Property sale values range from £255,294 for a leasehold flat, with 2 bedrooms split across 690 square feet of gross internal area and has no outside space to £441,792 for a freehold house, with 4 bedrooms split across 1,152 square feet of gross internal area and has a garden.

Average £/ft2 for properties in RM5 3AE is £441/ft2.

Properties achieve a rental yield of between 5.8% and 6.8%, and rental values range from £1,454 to £2,153 per month.

Sale value change
12 months
1.3%
Rental value change
12 months
5.8%
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Recent sales

within RM5 3AE

The last sale was 12 Nov 2021 for £348,000 and since then the market in the area has increased by 0.4%. The postcode has had a total of 4 sales since 1995.

RM5 3AE has seen 1 sale in the last three years and no sales in the last twelve months.

£348,000
Nov-2021
Sold
£435,000
Mar-2019
Sold
£260,000
Jul-2015
Sold
£240,000
May-2015
Sold
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Nearby postcodes

to RM5 3AE

RM5 3AE is the 291st largest and the 120th most expensive postcode out of the 374 postcodes in the RM5 area.

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Nearby postcodes

to RM5 3AE

RM5 3AE is the 291st largest and the 120th most expensive postcode out of the 374 postcodes in the RM5 area.

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Property types

in RM5 3AE

RM5 3AE is a residential postcode located on Highfield Road, Romford, RM5 with 18 houses, 4 flats and 11 unknown within its bounds.

The most common property type in RM5 3AE is a mid-century house built between 1936 and 1979.

mid-century house (17)
mid-century flat (4)
house (1)
Unknown (11)
Energy Efficiency

Energy Efficiency

of properties within RM5 3AE

The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being D.

A (0)
E (1)
B (0)
F (0)
C (9)
G (0)
D (11)
No EPC (12)
Schools nearby

Schools nearby

to RM5 3AE

The nearest primary school to RM5 3AE is Clockhouse Primary School which is 500 metres away and is rated Outstanding by Ofsted.
500 m
Clockhouse Primary School
Outstanding
900 m
Oasis Academy Pinewood
Good
1.1 km
Rise Park Junior School
Good
The nearest secondary school is Bower Park Academy which is 700 metres away and is rated Good by Ofsted.
700 m
Bower Park Academy
Good
1.9 km
Marshalls Park Academy
Good
3.5 km
The Royal Liberty School
Good
Source: Ofsted (2016)
Public transport nearby

Public transport nearby

to RM5 3AE

The closest station to RM5 3AE is Romford station which is 3.5 kilometres away.

3.5 km
Romford
3.6 km
Gidea Park
Source: TFL & National Rail
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