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Postcode Overview
of RM5 3AQ
RM5 3AQ is a residential postcode located on Highfield Road, Romford, RM5. It is the 305th largest postcode in the RM5 area.
It contains 36 residential addresses consisting of 9 houses, 19 flats and 8 unknown and the most common type of property is a mid-century flat built between 1936 and 1979.
Average property prices
in RM5 3AQ
The average house value is £238,849. Sales values have decreased in the last 12 months by 1.2% and Rental values have increased by 5.9%.
Property sale values range from £230,455 for a leasehold flat, with 2 bedrooms split across 581 square feet of gross internal area and has no outside space to £392,337 for a freehold house, with 3 bedrooms split across 1,055 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM5 3AQ is £388/ft2.
Properties achieve a rental yield of between 6.1% and 7%, and rental values range from £1,341 to £1,997 per month.
Recent sales
within RM5 3AQ
The last sale was 29 Feb 2024 for £346,000 and since then the market in the area has increased by 1%. The postcode has had a total of 4 sales since 1995.
RM5 3AQ has seen 3 sales in the last three years and 2 sales in the last twelve months.
Nearby postcodes
to RM5 3AQ
RM5 3AQ is the 305th largest and the 24th most expensive postcode out of the 374 postcodes in the RM5 area.
Nearby postcodes
to RM5 3AQ
RM5 3AQ is the 305th largest and the 24th most expensive postcode out of the 374 postcodes in the RM5 area.
Property types
in RM5 3AQ
RM5 3AQ is a residential postcode located on Highfield Road, Romford, RM5 with 9 houses, 19 flats and 8 unknown within its bounds.
The most common property type in RM5 3AQ is a mid-century flat built between 1936 and 1979.
Energy Efficiency
of properties within RM5 3AQ
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.
Schools nearby
to RM5 3AQ
Public transport nearby
to RM5 3AQ
The closest station to RM5 3AQ is Gidea Park station which is 3.5 kilometres away.
