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House Prices in RM5

The average house price in RM5 (Romford) is £456,666 using HM Land Registry data.

The average property price increased by £37,357 (13.18%) over the last 5 years and increased by £7,468 (2.38%) over the last 12 months.

Over the last year, there were 161 residential property sales – a decrease of 68 transactions (-42.24%) relative to the previous year. The majority of house sales (46) were in the £390,000 - £440,000 range. Then came properties in the £440,000 - £490,000 range, where 42 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 160 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,153 (-2%).

In Jun 2026, there were 22 new estate agency instructions, 36 agreed home sales and 20 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) - Jun 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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
76 Hillrise Road, Romford, RM5 3BQ	£400,000	£395,000	-£5,000	06 Aug 2025	17 Apr 2026	254 Days
11a, Clitheroe Road, Romford, RM5 2ST	£475,000	£465,000	-£10,000	19 Oct 2025	02 Apr 2026	165 Days
4 Ramsden Drive, Romford, RM5 2NJ	£375,000	£370,000	-£5,000	19 Aug 2025	25 Mar 2026	218 Days
38 Firbank Road, Romford, RM5 2TR	£450,000	£450,000	£0	11 Nov 2025	20 Mar 2026	129 Days
20 Ramsden Drive, Romford, RM5 2NL	£450,000	£442,500	-£7,500	23 Sep 2025	12 Mar 2026	170 Days
1a, Lowshoe Lane, Romford, RM5 2AA	£400,000	£385,000	-£15,000	13 Mar 2025	09 Mar 2026	361 Days
54 Boxmoor Road, Romford, RM5 2SJ	£450,000	£450,000	£0	29 May 2025	06 Mar 2026	281 Days
12 Mount Pleasant Road, Romford, RM5 3YL	£525,000	£525,000	£0	24 Jun 2025	05 Mar 2026	254 Days
31 Chelmsford Avenue, Romford, RM5 3UX	£280,000	£275,000	-£5,000	29 Jul 2025	26 Feb 2026	212 Days
70 Highfield Road, Romford, RM5 3SA	£500,000	£495,000	-£5,000	14 May 2025	25 Feb 2026	287 Days
30 Berkeley Avenue, Romford, RM5 3TA	£475,000	£457,500	-£17,500	21 Jun 2025	20 Feb 2026	244 Days
291 Lodge Lane, Romford, RM5 2EX	£350,000	£345,000	-£5,000	16 Aug 2025	20 Feb 2026	188 Days
11 Berkeley Avenue, Romford, RM5 3TA	£420,000	£415,000	-£5,000	11 Nov 2025	12 Feb 2026	93 Days
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

Most Expensive Streets in RM5 (Romford)

Postcode	Street	Area	Average	No. of Sales
RM5 3TH	Lawns Way	Romford	£610,000	3
RM5 2LG	Litten Close, Collier Row	Romford	£604,600	5
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
RM5 3AS	Hainault Road	Romford	£520,000	3

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 2JX	Udall Gardens	Romford	£267,700	5
RM5 3JJ	Erith Crescent	Romford	£275,250	6
RM5 3XH	Chelmsford Avenue	Romford	£276,750	4
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
RM5 3XB	Chelmsford Avenue	Romford	£303,714	7