RM5 3EA is a residential postcode located on Collier Row Lane, Romford, RM5. It is the 156th largest postcode in the RM5 area.
It contains 16 residential addresses consisting of 2 houses, 8 flats and 6 unknown and the most common type of property is a mid-century flat built between 1936 and 1979.
The average house value is £326,479. Sales values have decreased in the last 12 months by 1.1% and Rental values have increased by 5.6%.
Property sale values range from £153,759 for a studio leasehold flat of 301 square feet and has no outside space to £637,197 for a freehold house, with 5 bedrooms split across 1,959 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM5 3EA is £379/ft2.
Properties achieve a rental yield of between 5.1% and 7%, and rental values range from £892 to £2,710 per month.
The last sale was 10 Mar 2020 for £440,000 and since then the market in the area has increased by 9.7%. The postcode has had a total of 4 sales since 1995.
RM5 3EA has seen no sales in the last three years and no sales in the last twelve months.
RM5 3EA is the 156th largest and the 67th most expensive postcode out of the 374 postcodes in the RM5 area.
RM5 3EA is the 156th largest and the 67th most expensive postcode out of the 374 postcodes in the RM5 area.
RM5 3EA is a residential postcode located on Collier Row Lane, Romford, RM5 with 2 houses, 8 flats and 6 unknown within its bounds.
The most common property type in RM5 3EA is a mid-century flat built between 1936 and 1979.
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being No EPC.
The closest station to RM5 3EA is Romford station which is 2.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around RM5 3EA, 44.6% of property is privately owned outright and 28.6% is privately owned with a mortgage.
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 3EA, 16.8% of residents are recorded as possessing school level qualifications and 24.6% 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 3EA, 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 3EA, 1.6% 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 3EA, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.