RM5 3BD is a residential postcode located on Collier Row Lane, Romford, RM5. It is the 91st largest postcode in the RM5 area.
It contains 10 flats and the most common type of property is a early-century flat built between 1912 and 1935.
The average house value is £250,801. Sales values have decreased in the last 12 months by 0.6% and Rental values have increased by 5.8%.
Property sale values range from £230,656 for a leasehold flat, with 2 bedrooms split across 527 square feet of gross internal area and has no outside space to £276,307 for a leasehold flat, with 2 bedrooms split across 657 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM5 3BD is £438/ft2.
Properties achieve a rental yield of between 6.5% and 6.5%, and rental values range from £1,259 to £1,491 per month.
The last sale was 30 Jul 2010 for £175,000 and since then the market in the area has increased by 67.5%. The postcode has had a total of 4 sales since 1995.
RM5 3BD has seen no sales in the last three years and no sales in the last twelve months.
RM5 3BD is the 91st largest and the 33rd most expensive postcode out of the 374 postcodes in the RM5 area.
RM5 3BD is the 91st largest and the 33rd most expensive postcode out of the 374 postcodes in the RM5 area.
RM5 3BD is a residential postcode located on Collier Row Lane, Romford, RM5 with 10 flats within its bounds.
The most common property type in RM5 3BD is a early-century flat 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 E.
The closest station to RM5 3BD is Romford 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 RM5 3BD, 42.2% of property is privately owned with a mortgage and 25.6% is privately owned outright.
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 3BD, 19.9% of residents are recorded as possessing school level qualifications and 25.5% 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 3BD, the average age was 40.2 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 3BD, 0.0% 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 3BD, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.