RM5 3EP is a residential postcode located on Horndon Road, Romford, RM5. It is the 247th largest postcode in the RM5 area.
It contains 18 houses and 9 unknown and the most common type of property is a early-century house built between 1912 and 1935.
The average house value is £386,475. Sales values have decreased in the last 12 months by 1.3% and Rental values have increased by 5.3%.
Property sale values range from £351,403 for a freehold house, with 3 bedrooms split across 732 square feet of gross internal area and has a garden to £453,934 for a freehold house, with 4 bedrooms split across 1,216 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM5 3EP is £435/ft2.
Properties achieve a rental yield of between 5.7% and 6%, and rental values range from £1,756 to £2,150 per month.
The last sale was 15 Nov 2023 for £400,000 and since then the market in the area has decreased by -0.8%. The postcode has had a total of 4 sales since 1995.
RM5 3EP has seen 4 sales in the last three years and 1 sale in the last twelve months.
RM5 3EP is the 247th largest and the 137th most expensive postcode out of the 374 postcodes in the RM5 area.
RM5 3EP is the 247th largest and the 137th most expensive postcode out of the 374 postcodes in the RM5 area.
RM5 3EP is a residential postcode located on Horndon Road, Romford, RM5 with 18 houses and 9 unknown within its bounds.
The most common property type in RM5 3EP is a early-century house 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 3EP is Romford station which is 2.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around RM5 3EP, 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 3EP, 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 3EP, 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 3EP, 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 3EP, 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.