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© 2026 UK House Prices. Data sourced from HM Land Registry.

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0.

Area guide

RM5 area guide — property prices & local market

Everything you need to know about buying property in the RM5 postcode area, covering Romford and surrounding areas. All price data sourced from HM Land Registry — updated July 2026.

RM5 area price snapshot

Average price

£237,803

Median price

£222,000

5-year trend

+36.7%

Total sales

8,700

The RM5 area has 342 individual postcodes with 8,700 registered sales. Prices are +40.1% below the national average, with the largest concentration in Romford. The five-year price movement is +36.7%.

About Romford

An East London/Essex border town with Elizabeth Line trains to Liverpool Street and the City in under half an hour, plus a large shopping and leisure district.

🚆 Main station

Romford

⏱️ London commute

~28 min by train

🏫 Notable school

Frances Bardsley Academy for Girls

View full Romford property data →

Market context

With an average of £237,803, RM5 is a mid-range area, +40.1% below the national average. Mid-range areas typically offer a broad selection of property types for first-time buyers and second-steppers. The dataset includes 8,700 recorded sales across 342 postcodes.

The five-year price trend in RM5 is +36.7%, significantly outpacing many other areas. This level of growth may reflect improving local amenities, transport links or broader regeneration.

Buying tips for RM5

  • 🏠Consider property type mix. Mid-range areas typically have a diverse housing stock. Use the street and postcode pages to find the property type that fits your budget.
  • 📈Look for growth potential. The 5-year price trend on this page shows how RM5 has performed. Compare it with nearby areas using the location comparison tool.
  • 🧮Factor in Stamp Duty. Use the Stamp Duty Calculator to estimate purchase costs based on the average price in RM5.
  • 🏘️Explore Romford. Much of the RM5 activity centres on Romford. Check the town-level data for more granular market analysis.
  • 💡Check individual postcodes. Average prices can mask significant variation between postcodes in the RM5 area. Browse the individual postcode pages to find properties that match your budget.
  • 💡Compare asking prices to sold prices. Use the Asking Price Checker to see whether a listing price aligns with local sold-price evidence.
  • 💡Use sold prices as evidence, not valuation. Historical data helps you understand market trends but does not replace a professional valuation by a qualified surveyor.

Top postcodes in RM5

RM5 2ET

£248,035 avg · 130 sales

RM5 3JJ

£139,306 avg · 97 sales

RM5 2ED

£207,714 avg · 88 sales

RM5 3AL

£201,430 avg · 70 sales

RM5 3ET

£247,035 avg · 69 sales

RM5 3AA

£216,164 avg · 67 sales

RM5 3YP

£228,141 avg · 67 sales

RM5 2NP

£212,072 avg · 66 sales

RM5 2QS

£270,584 avg · 65 sales

View all 342 postcodes in RM5 →

Useful tools for RM5 buyers

🧮

Stamp Duty ~£2,256

Avg £237,803 in RM5

Full guide →

📊

Asking Price Checker

Compare asking prices with sold-price evidence

📖

Stamp Duty Guide

Complete 2025 SDLT, LTT & LBTT guide

⚖️

Location Comparison

Compare RM5 with other areas

🏘️

Romford data

Full town-level property statistics

About this guide

This RM5 area guide is based on HM Land Registry Price Paid Data, covering registered residential property sales in England and Wales from January 1995 onwards. All figures are historical sold prices, not current valuations or asking prices.

Data last updated: July 2026 · View methodology

Frequently asked questions

What is the average house price in RM5?

The average sold price in the RM5 postcode area is £237,803, based on 8,700 HM Land Registry transactions. The largest town in this area is Romford.

How do RM5 house prices compare to the UK average?

Properties in RM5 average £237,803, which is +40.1% below the national average of £396,803 for England and Wales.

Why is the median price in RM5 lower than the average?

The median price (£222,000) is 6.6% below the average (£237,803), suggesting a mix of property types or a few high-value sales pulling the mean upward. This is common in areas with both affordable and premium housing.

How have RM5 house prices changed over 5 years?

Prices in RM5 have moved +36.7% over five years, reflecting broader UK house price growth. The large sample size gives confidence in this trend.

Are these area guide prices valuations or asking prices?

No. All figures on this page are historical completed sale prices from HM Land Registry Price Paid Data. They are not current valuations, estate agent asking prices, or financial advice. Always seek professional advice before making property decisions.

Related guides

Asking Price vs Sold Price in the UK

Understand the difference between asking prices and actual sold prices.

How to Use Sold Prices When Making an Offer

Use sold-price evidence to prepare for a UK property offer.

Down Valuations: What to Do

Respond to a low mortgage valuation with local sold-price evidence.

View all guides →