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Postcode Overview
of RM5 3BY
RM5 3BY is a residential postcode located on Hillrise Road, Romford, RM5. It is the 339th largest postcode in the RM5 area.
It contains 42 residential addresses consisting of 18 houses, 15 flats and 9 unknown and the most common type of property is a mid-century house built between 1936 and 1979.
Average property prices
in RM5 3BY
The average house value is £345,928. 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 £238,689 for a leasehold flat, with 2 bedrooms split across 673 square feet of gross internal area and has no outside space to £400,848 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 3BY is £398/ft2.
Properties achieve a rental yield of between 6.1% and 7.1%, and rental values range from £1,418 to £2,034 per month.
Recent sales
within RM5 3BY
The last sale was 26 Feb 2024 for £370,000 and since then the market in the area has increased by 0.9%. The postcode has had a total of 4 sales since 1995.
RM5 3BY has seen 4 sales in the last three years and 1 sale in the last twelve months.
Nearby postcodes
to RM5 3BY
RM5 3BY is the 339th largest and the 78th most expensive postcode out of the 374 postcodes in the RM5 area.
Nearby postcodes
to RM5 3BY
RM5 3BY is the 339th largest and the 78th most expensive postcode out of the 374 postcodes in the RM5 area.
Property types
in RM5 3BY
RM5 3BY is a residential postcode located on Hillrise Road, Romford, RM5 with 18 houses, 15 flats and 9 unknown within its bounds.
The most common property type in RM5 3BY is a mid-century house built between 1936 and 1979.
Energy Efficiency
of properties within RM5 3BY
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 3BY
Public transport nearby
to RM5 3BY
The closest station to RM5 3BY is Gidea Park station which is 3.6 kilometres away.
