House Prices in RM5 House Prices in RM5 (Romford)

The average house price in RM5 (Romford) is £392,172 using HM Land Registry data.

The average property price increased by £67,266 (19.31%) over the last 5 years and increased by £13,444 (3.34%) over the last 12 months.

Over the last year, there were 214 residential property sales – an increase of 28 transactions (13.08%) relative to the previous year. The majority of house sales (68) were in the £448,000 - £504,000 range. Then came properties in the £392,000 - £448,000 range, where 48 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 78 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,067 (-2%).

In Nov 2025, there were 26 new estate agency instructions, 25 agreed home sales and 12 property price reductions.

5-Year Average Property Prices in RM5 (Romford)

19.31%

Property prices in RM5 (Romford) increased by 19.31% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in RM5 (Romford) Over the Last Year

3.34%

Property prices in RM5 (Romford) increased by 3.34% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for RM5 (Romford) - Nov 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in RM5 (Romford)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in RM5 (Romford)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in RM5 (Romford)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the RM5 (Romford) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the RM5 postcode area since 1995.

Recent Sales in RM5 (Romford)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
60 St Johns Road, Romford, RM5 2RU£375,000£375,000£026 Jul 202515 Dec 2025142 Days
79 Kingshill Avenue, Romford, RM5 2SA£425,000£410,000-£15,00027 Jun 202505 Dec 2025161 Days
87 Boxmoor Road, Romford, RM5 2SH£425,000£417,500-£7,50013 Jun 202525 Nov 2025165 Days
304 Lodge Lane, Romford, RM5 2HX£500,000£470,000-£30,00025 Jul 202524 Nov 2025122 Days
Flat 10, Henham Court, Mowbrays Road, Romford, RM5 3EN£175,000£175,000£026 Dec 202431 Oct 2025309 Days
20 Erith Crescent, Romford, RM5 3JP£295,000£290,000-£5,00020 Dec 202422 Oct 2025306 Days
33 Maidstone Avenue, Romford, RM5 3DB£475,000£471,500-£3,50013 Jul 202517 Oct 202596 Days
242 Collier Row Lane, Romford, RM5 3JB£475,000£470,000-£5,00003 Jul 202516 Oct 2025105 Days
14 Patmore Way, Romford, RM5 2HF£435,000£435,000£003 Feb 202515 Oct 2025254 Days
145 Clockhouse Lane, Romford, RM5 2TH£475,000£467,000-£8,00014 May 202510 Oct 2025149 Days
Flat 1, 92 Taz House, The Drive, Collier Row, Romford, RM5 3UH£230,000£230,000£030 Apr 202509 Oct 2025162 Days
67 Collier Row Road, Romford, RM5 2AU£425,000£425,000£002 Jun 202507 Oct 2025127 Days
96 Clockhouse Lane, Romford, RM5 3QT£600,000£585,000-£15,00022 Apr 202506 Oct 2025167 Days
6 Ferndale Road, Romford, RM5 3ER£475,000£457,500-£17,50014 May 202501 Oct 2025140 Days
24 Lulworth Drive, Romford, RM5 2UA£270,000£265,000-£5,00022 Apr 202530 Sep 2025161 Days
46 Hillfoot Avenue, Romford, RM5 3LH£475,000£460,000-£15,00011 Mar 202524 Sep 2025197 Days
107 Lawns Way, Romford, RM5 3TB£500,000£479,088-£20,91216 May 202512 Sep 2025119 Days
1b, Mowbrays Road, Romford, RM5 3ET£325,000£315,000-£10,00013 Sep 202411 Sep 2025363 Days
31 Dominion Drive, Romford, RM5 2QS£550,000£540,000-£10,00007 Apr 202529 Aug 2025144 Days
16 Judith Avenue, Romford, RM5 2PL£450,000£438,000-£12,00023 Apr 202522 Aug 2025121 Days

Most Expensive Streets in RM5 (Romford)

PostcodeStreetAreaAverageNo. of Sales
RM5 2LGLitten Close, Collier RowRomford£628,2504
RM5 3JTFullers LaneRomford£591,6663
RM5 3THLawns WayRomford£582,5004
RM5 3PPChase Cross RoadRomford£580,9993
RM5 3YSChase Cross RoadRomford£575,0003
RM5 3EUHorndon RoadRomford£536,5005
RM5 2TLClockhouse LaneRomford£530,3333
RM5 3YHMerlin RoadRomford£530,0004
RM5 3ASHainault RoadRomford£520,0003
RM5 3QSClockhouse LaneRomford£509,0005

Least Expensive Streets in RM5 (Romford)

PostcodeStreetAreaAverageNo. of Sales
RM5 3ENHenham Court, Mowbrays RoadRomford£185,6653
RM5 3XJChelmsford AvenueRomford£257,5006
RM5 3HBHorndon RoadRomford£263,3333
RM5 2JUTurpin AvenueRomford£263,6663
RM5 3ALHainault RoadRomford£263,6666
RM5 2TPFirbank RoadRomford£267,6663
RM5 2JXUdall GardensRomford£267,7005
RM5 3XHChelmsford AvenueRomford£274,3005
RM5 3JJErith CrescentRomford£275,2506
RM5 3XPChase Cross RoadRomford£281,6663

Explore RM5 (Romford) using map

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