RM5 3NL is a residential postcode located on Collier Row Lane, Romford, RM5. It is the 212th largest postcode in the RM5 area.
It contains 21 residential addresses consisting of 12 houses, 4 flats and 5 unknown and the most common type of property is a early-century house built between 1912 and 1935.
The average house value is £420,246. Sales values have decreased in the last 12 months by 1.8% and Rental values have increased by 5.3%.
Property sale values range from £203,507 for a leasehold flat, with 1 bedrooms split across 420 square feet of gross internal area and has no outside space to £564,956 for a freehold house, with 4 bedrooms split across 1,625 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM5 3NL is £457/ft2.
Properties achieve a rental yield of between 5.2% and 6.6%, and rental values range from £1,097 to £2,555 per month.
The last sale was 26 Apr 2024 for £450,000 and since then the market in the area has decreased by -0.1%. The postcode has had a total of 4 sales since 1995.
RM5 3NL has seen 4 sales in the last three years and 1 sale in the last twelve months.
RM5 3NL is the 212th largest and the 239th most expensive postcode out of the 374 postcodes in the RM5 area.
RM5 3NL is the 212th largest and the 239th most expensive postcode out of the 374 postcodes in the RM5 area.
RM5 3NL is a residential postcode located on Collier Row Lane, Romford, RM5 with 12 houses, 4 flats and 5 unknown within its bounds.
The most common property type in RM5 3NL 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 D.
The closest station to RM5 3NL is Romford station which is 2.9 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around RM5 3NL, 43.8% of property is privately owned outright and 25.8% 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 3NL, 18.2% of residents are recorded as possessing school level qualifications and 22.3% 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 3NL, the average age was 39.2 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 3NL, 0.6% 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 3NL, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.