You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in RM5

House Prices in RM5

The average house price in RM5 (Romford) is £418,550 using HM Land Registry data.

The average property price increased by £52,328 (13.18%) over the last 5 years and increased by £10,461 (2.38%) over the last 12 months.

Over the last year, there were 153 residential property sales – a decrease of 78 transactions (-50.98%) relative to the previous year. The majority of house sales (43) were in the £388,000 - £442,000 range. Then came properties in the £442,000 - £496,000 range, where 39 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 71 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,912 (-2%).

In Apr 2026, there were 42 new estate agency instructions, 21 agreed home sales and 28 property price reductions.

5-Year Average Property Prices in RM5 (Romford)

13.18%

Property prices in RM5 (Romford) increased by 13.18% 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

2.38%

Property prices in RM5 (Romford) increased by 2.38% 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.

Property Market Heat Gauge for RM5 (Romford) - Apr 2026

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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
12 Hunters Grove, Romford, RM5 2UJ	£450,000	£445,000	-£5,000	03 Nov 2025	11 Feb 2026	100 Days
126 Collier Row Lane, Romford, RM5 3DT	£425,000	£410,000	-£15,000	20 Sep 2025	06 Feb 2026	139 Days
116 Carter Drive, Romford, RM5 2TT	£475,000	£465,000	-£10,000	24 Apr 2025	05 Feb 2026	287 Days
40 Riversdale Road, Romford, RM5 2NP	£400,000	£400,000	£0	14 Jul 2025	21 Jan 2026	191 Days
127 Hillrise Road, Romford, RM5 3BN	£350,000	£340,000	-£10,000	04 Jul 2025	19 Jan 2026	199 Days
84 Lodge Lane, Romford, RM5 2EJ	£440,000	£430,000	-£10,000	28 Jun 2025	15 Jan 2026	201 Days
14 Merlin Close, Romford, RM5 3YB	£325,000	£320,000	-£5,000	08 Sep 2025	09 Jan 2026	123 Days
100 Clockhouse Lane, Romford, RM5 3QT	£550,000	£535,000	-£15,000	03 Feb 2025	09 Jan 2026	340 Days
21 Larchwood Close, Romford, RM5 3QX	£450,000	£445,000	-£5,000	14 May 2025	09 Jan 2026	240 Days
12 Lynwood Close, Romford, RM5 2QU	£500,000	£490,000	-£10,000	06 Jun 2025	06 Jan 2026	214 Days
60 St Johns Road, Romford, RM5 2RU	£375,000	£375,000	£0	26 Jul 2025	15 Dec 2025	142 Days
45 Carter Drive, Romford, RM5 2PH	£500,000	£500,000	£0	09 Jul 2025	12 Dec 2025	156 Days
3b, Irons Way, Romford, RM5 3RJ	£600,000	£590,000	-£10,000	05 Jun 2025	05 Dec 2025	183 Days
79 Kingshill Avenue, Romford, RM5 2SA	£425,000	£410,000	-£15,000	27 Jun 2025	05 Dec 2025	161 Days
87 Boxmoor Road, Romford, RM5 2SH	£425,000	£417,500	-£7,500	13 Jun 2025	25 Nov 2025	165 Days
304 Lodge Lane, Romford, RM5 2HX	£500,000	£470,000	-£30,000	25 Jul 2025	24 Nov 2025	122 Days
4a, Erith Crescent, Romford, RM5 3JJ	£300,000	£295,000	-£5,000	17 Feb 2025	07 Nov 2025	263 Days
25 Navarre Gardens, Romford, RM5 2QR	£425,000	£425,000	£0	28 Jun 2025	04 Nov 2025	129 Days
Flat 10, Henham Court, Mowbrays Road, Romford, RM5 3EN	£175,000	£175,000	£0	26 Dec 2024	31 Oct 2025	309 Days
20 Erith Crescent, Romford, RM5 3JP	£295,000	£290,000	-£5,000	20 Dec 2024	22 Oct 2025	306 Days

Most Expensive Streets in RM5 (Romford)

Postcode	Street	Area	Average	No. of Sales
RM5 2LG	Litten Close, Collier Row	Romford	£604,600	5
RM5 3TH	Lawns Way	Romford	£582,500	4
RM5 3PP	Chase Cross Road	Romford	£580,999	3
RM5 3PR	Chase Cross Road	Romford	£572,666	3
RM5 3YS	Chase Cross Road	Romford	£550,000	4
RM5 3EU	Horndon Road	Romford	£536,500	5
RM5 2TL	Clockhouse Lane	Romford	£530,333	3
RM5 3YH	Merlin Road	Romford	£530,000	4
RM5 3AY	Belle Vue Road, Collier Row	Romford	£523,123	5
RM5 3RH	Felstead Road	Romford	£522,142	7

Least Expensive Streets in RM5 (Romford)

Postcode	Street	Area	Average	No. of Sales
RM5 3XJ	Chelmsford Avenue	Romford	£252,500	4
RM5 3HB	Horndon Road	Romford	£263,333	3
RM5 2JU	Turpin Avenue	Romford	£263,666	3
RM5 2JX	Udall Gardens	Romford	£267,700	5
RM5 3XH	Chelmsford Avenue	Romford	£274,300	5
RM5 3JJ	Erith Crescent	Romford	£275,250	6
RM5 3XP	Chase Cross Road	Romford	£281,666	3
RM5 3AL	Hainault Road	Romford	£285,000	3
RM5 2TP	Firbank Road	Romford	£288,250	4
RM5 3UX	Chelmsford Avenue	Romford	£295,636	11