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Postcode Overview
of RM5 3PL
RM5 3PL is a residential postcode located on Chase Cross Road, Romford, RM5. It is the 136th largest postcode in the RM5 area.
It contains 14 residential addresses consisting of 7 houses, 2 flats and 5 unknown and the most common type of property is a early-century house built between 1912 and 1935.
Average property prices
in RM5 3PL
The average house value is £406,063. Sales values have decreased in the last 12 months by 1.9% and Rental values have increased by 5.1%.
Property sale values range from £292,266 for a leasehold flat, with 1 bedrooms split across 484 square feet of gross internal area and has no outside space to £440,160 for a freehold house, with 3 bedrooms split across 1,044 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM5 3PL is £467/ft2.
Properties achieve a rental yield of between 5.5% and 5.8%, and rental values range from £1,349 to £2,073 per month.
Recent sales
within RM5 3PL
The last sale was 18 Mar 2024 for £415,000 and since then the market in the area has increased by 0.4%. The postcode has had a total of 4 sales since 1995.
RM5 3PL has seen 3 sales in the last three years and 1 sale in the last twelve months.
Nearby postcodes
to RM5 3PL
RM5 3PL is the 136th largest and the 188th most expensive postcode out of the 374 postcodes in the RM5 area.
Nearby postcodes
to RM5 3PL
RM5 3PL is the 136th largest and the 188th most expensive postcode out of the 374 postcodes in the RM5 area.
Property types
in RM5 3PL
RM5 3PL is a residential postcode located on Chase Cross Road, Romford, RM5 with 7 houses, 2 flats and 5 unknown within its bounds.
The most common property type in RM5 3PL is a early-century house built between 1912 and 1935.
Energy Efficiency
of properties within RM5 3PL
The homes with certificates are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being D.
Schools nearby
to RM5 3PL
Public transport nearby
to RM5 3PL
The closest station to RM5 3PL is Romford station which is 3.1 kilometres away.
