Property sale values range from £307,878 for a freehold house, with 2 bedrooms split across 474 square feet of gross internal area and has a garden to £517,869 for a freehold house, with 4 bedrooms split across 1,281 square feet of gross internal area and has a garden.

Average £/ft² for properties in RM5 3LB is £520/ft².

Properties achieve a rental yield of between 5.3% and 5.6%, and rental values range from £1,425 to £2,276 per month.

Sale value change

12 months

1.8%

Rental value change

12 months

5.1%

Recent sales

within RM5 3LB

The last sale was 18 May 2022 for £408,000 and since then the market in the area has decreased by -5.8%. The postcode has had a total of 4 sales since 1995.

RM5 3LB has seen 2 sales in the last three years and no sales in the last twelve months.

38, Playfield Avenue, Romford, RM5 3LB

£408,000

May-2022

Sold

May-2022

35, Playfield Avenue, Romford, RM5 3LB

£400,000

Dec-2021

Sold

Dec-2021

34, Playfield Avenue, Romford, RM5 3LB

£407,500

Dec-2020

Sold

Dec-2020

25, Playfield Avenue, Romford, RM5 3LB

£380,000

Nov-2020

Sold

Nov-2020

Nearby postcodes

to RM5 3LB

RM5 3LB is the 211th largest and the 159th most expensive postcode out of the 374 postcodes in the RM5 area.

77 m

RM5 3LD, Playfield Avenue, Romford, RM5

RM5 3LD

15 Addresses

80 m

RM5 3JL, Selsdon Close, Romford, RM5

RM5 3JL

16 Addresses

120 m

RM5 3LH, Hillfoot Avenue, Romford, RM5

RM5 3LH

32 Addresses

128 m

RM5 3JH, Playfield Avenue, Romford, RM5

RM5 3JH

12 Addresses

131 m

RM5 3JD, Goring Close, Romford, RM5

RM5 3JD

10 Addresses

132 m

RM5 3JJ, Erith Crescent, Romford, RM5

RM5 3JJ

44 Addresses

Nearby postcodes

to RM5 3LB

RM5 3LB is the 211th largest and the 159th most expensive postcode out of the 374 postcodes in the RM5 area.

77 m

RM5 3LD, Playfield Avenue, Romford, RM5

RM5 3LD

15 Addresses

80 m

RM5 3JL, Selsdon Close, Romford, RM5

RM5 3JL

16 Addresses

120 m

RM5 3LH, Hillfoot Avenue, Romford, RM5

RM5 3LH

32 Addresses

128 m

RM5 3JH, Playfield Avenue, Romford, RM5

RM5 3JH

12 Addresses

131 m

RM5 3JD, Goring Close, Romford, RM5

RM5 3JD

10 Addresses

132 m

RM5 3JJ, Erith Crescent, Romford, RM5

RM5 3JJ

44 Addresses

Property types

in RM5 3LB

RM5 3LB is a residential postcode located on Playfield Avenue, Romford, RM5 with 13 houses and 8 unknown within its bounds.

The most common property type in RM5 3LB is a early-century house built between 1912 and 1935.

mid-century house (3)

early-century house (9)

house (1)

Unknown (8)

Energy Efficiency

of properties within RM5 3LB

The homes with certificates are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being No EPC.

A (0)

E (2)

B (0)

F (0)

C (1)

G (0)

D (9)

No EPC (9)

Schools nearby

to RM5 3LB

The nearest primary school to RM5 3LB is St Patrick's Catholic Primary School which is 500 metres away and is rated Good by Ofsted.

500 m

St Patrick's Catholic Primary School

Good

600 m

Clockhouse Primary School

Outstanding

800 m

Rise Park Junior School

Good

The nearest secondary school is Bower Park Academy which is 1.4 kilometres away and is rated Good by Ofsted.

1.4 km

Bower Park Academy

Good

1.4 km

Marshalls Park Academy

Good

2.8 km

St Edward's Church of England Academy

Good

Source: Ofsted (2016)

Public transport nearby

to RM5 3LB

The closest station to RM5 3LB is Romford station which is 2.7 kilometres away.

2.7 km

Romford

3.2 km

Gidea Park

Source: TFL & National Rail

Risk of flooding

for RM5 3LB

According to data from the Environment Agency, the flood risk in this area is considered to be very low.

Very low

High

Source: Environment Agency (2024)

Home ownership nearby

around RM5 3LB

The recent census recorded whether a resident owned or rented their home.

In the area around RM5 3LB, 40.8% of property is privately owned outright and 32.3% is privately owned with a mortgage.

The graph below shows how this compares to Greater London and the rest of England & Wales.

Source: ONS Census (2021)

Education levels in the area

around RM5 3LB

The recent census recorded the highest level of education achieved by residents in the local area.

In the area around RM5 3LB, 17.4% of residents are recorded as possessing school level qualifications and 24.4% as possessing degree level qualifications.

The graph below shows how this compares to Greater London and the rest of England & Wales

Source: ONS Census (2021)

Average age of residents

around RM5 3LB

Average age

The most recent census in 2021 recorded the age of all UK residents.

In the area around RM5 3LB, the average age was 40.2 and the most common age was 42.

This area:

Greater London:

England & Wales:

Age distribution

The graph below shows how this compares to Greater London and the rest of England & Wales

Source: ONS Census (2021)

Number of second homes

around RM5 3LB

The recent census recorded whether a property was a primary or secondary home for the resident.

In the area around RM5 3LB, 0.0% of property was a second home.

Comparison figures for Greater London and the rest of England & Wales are listed below.

Source: ONS Census (2021)

Average cars per home

around RM5 3LB

The recent census recorded the number of cars registered in each household.

In the area around RM5 3LB, there are an average of 1.2 cars per household.

See below for how this compares to Greater London and the rest of England & Wales.

Source: ONS Census (2021)

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Home ownership nearby

around RM5 3LB

The recent census recorded whether a resident owned or rented their home.

In the area around RM5 3LB, 40.8% of property is privately owned outright and 32.3% is privately owned with a mortgage.

The graph below shows how this compares to Greater London and the rest of England & Wales.

Source: ONS Census (2021)

Education levels in the area

around RM5 3LB

The recent census recorded the highest level of education achieved by residents in the local area.

In the area around RM5 3LB, 17.4% of residents are recorded as possessing school level qualifications and 24.4% as possessing degree level qualifications.

The graph below shows how this compares to Greater London and the rest of England & Wales

Source: ONS Census (2021)

Average age of residents

around RM5 3LB

Average age

The most recent census in 2021 recorded the age of all UK residents.

In the area around RM5 3LB, the average age was 40.2 and the most common age was 42.

This area:

Greater London:

England & Wales:

Age distribution

The graph below shows how this compares to Greater London and the rest of England & Wales

Source: ONS Census (2021)

Number of second homes

around RM5 3LB

The recent census recorded whether a property was a primary or secondary home for the resident.

In the area around RM5 3LB, 0.0% of property was a second home.

Comparison figures for Greater London and the rest of England & Wales are listed below.

Source: ONS Census (2021)

Average cars per home

around RM5 3LB

The recent census recorded the number of cars registered in each household.

In the area around RM5 3LB, there are an average of 1.2 cars per household.

See below for how this compares to Greater London and the rest of England & Wales.

Source: ONS Census (2021)