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RM5 3BN

RM5 3BN

Last update: Sep 2024

Postcode Overview

of RM5 3BN

RM5 3BN is a residential postcode located on Hillrise Road, Romford, RM5. It is the 356th largest postcode in the RM5 area.

It contains 47 residential addresses consisting of 15 houses, 24 flats and 8 unknown and the most common type of property is a mid-century flat built between 1936 and 1979.

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Average property prices

in RM5 3BN

The average house value is £218,099. 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 £178,167 for a leasehold flat, with 1 bedrooms split across 504 square feet of gross internal area and has no outside space to £425,246 for a freehold house, with 4 bedrooms split across 1,238 square feet of gross internal area and has a garden.

Average £/ft2 for properties in RM5 3BN is £337/ft2.

Properties achieve a rental yield of between 6.1% and 7.3%, and rental values range from £1,063 to £2,169 per month.

Sale value change
12 months
1.2%
Rental value change
12 months
5.9%
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Recent sales

within RM5 3BN

The last sale was 09 Jun 2023 for £370,000 and since then the market in the area has decreased by -1.9%. The postcode has had a total of 4 sales since 1995.

RM5 3BN has seen 3 sales in the last three years and no sales in the last twelve months.

£370,000
Jun-2023
Sold
£311,000
May-2021
Sold
£325,000
Jan-2021
Sold
£410,000
Aug-2020
Sold
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Nearby postcodes

to RM5 3BN

RM5 3BN is the 356th largest and the 16th most expensive postcode out of the 374 postcodes in the RM5 area.

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Nearby postcodes

to RM5 3BN

RM5 3BN is the 356th largest and the 16th most expensive postcode out of the 374 postcodes in the RM5 area.

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Property types

in RM5 3BN

RM5 3BN is a residential postcode located on Hillrise Road, Romford, RM5 with 15 houses, 24 flats and 8 unknown within its bounds.

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

modern house (1)
modern flat (1)
mid-century house (14)
mid-century flat (22)
flat (1)
Unknown (8)
Energy Efficiency

Energy Efficiency

of properties within RM5 3BN

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 (16)
G (0)
D (21)
No EPC (9)
Schools nearby

Schools nearby

to RM5 3BN

The nearest primary school to RM5 3BN is Clockhouse Primary School which is 600 metres away and is rated Outstanding by Ofsted.
600 m
Clockhouse Primary School
Outstanding
800 m
Oasis Academy Pinewood
Good
1.2 km
Rise Park Junior School
Good
The nearest secondary school is Bower Park Academy which is 800 metres away and is rated Good by Ofsted.
800 m
Bower Park Academy
Good
2.0 km
Marshalls Park Academy
Good
3.6 km
The Royal Liberty School
Good
Source: Ofsted (2016)
Public transport nearby

Public transport nearby

to RM5 3BN

The closest station to RM5 3BN is Romford station which is 3.6 kilometres away.

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