RM5 3RW is a residential postcode located on Laceman Mews, Romford, RM5. It is the 20th largest postcode in the RM5 area.
It contains 2 houses and the most common type of property is a modern house built after 1980.
The average house value is £431,747. Sales values have decreased in the last 12 months by 2.1% and Rental values have increased by 5.0%.
Property sale values range from £431,747 for a freehold house, with 3 bedrooms split across 861 square feet of gross internal area and has a garden to £431,747 for a freehold house, with 3 bedrooms split across 861 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM5 3RW is £506/ft2.
Properties achieve a rental yield of between 5.6% and 5.6%, and rental values range from £2,009 to £2,009 per month.
RM5 3RW is the 20th largest and the 267th most expensive postcode out of the 374 postcodes in the RM5 area.
RM5 3RW is the 20th largest and the 267th most expensive postcode out of the 374 postcodes in the RM5 area.
RM5 3RW is a residential postcode located on Laceman Mews, Romford, RM5 with 2 houses within its bounds.
The most common property type in RM5 3RW is a modern house built after 1980.
The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being B.
The closest station to RM5 3RW is Romford station which is 3.3 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around RM5 3RW, 46.1% of property is privately owned outright and 39.1% 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 3RW, 20.1% of residents are recorded as possessing school level qualifications and 26.9% 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 3RW, the average age was 38.8 and the most common age was 37.
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 3RW, 1.2% 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 3RW, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.