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House Prices in RM5

The average house price in RM5 (Romford) is £587,500 using HM Land Registry data.

The average property price increased by £21,127 (13.18%) over the last 5 years and increased by £4,224 (2.38%) over the last 12 months.

Over the last year, there were 182 residential property sales – a decrease of 47 transactions (-25.82%) relative to the previous year. The majority of house sales (65) were in the £422,000 - £476,000 range. Then came properties in the £368,000 - £422,000 range, where 39 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 82 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,436 (-2%).

In Aug 2026, there were 32 new estate agency instructions, 23 agreed home sales and 15 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) - Aug 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
139 Chase Cross Road, Romford, RM5 3YS	£650,000	£650,000	£0	26 Feb 2026	17 Jul 2026	141 Days
284 Collier Row Lane, Romford, RM5 3NL	£550,000	£525,000	-£25,000	13 Mar 2026	02 Jul 2026	111 Days
75 Mowbrays Road, Romford, RM5 3EL	£375,000	£365,000	-£10,000	23 Feb 2026	30 Jun 2026	127 Days
18 The Drive, Collier Row, Romford, RM5 3TR	£485,000	£485,000	£0	03 Feb 2026	26 Jun 2026	143 Days
53 Lowshoe Lane, Romford, RM5 2AA	£475,000	£460,000	-£15,000	13 Oct 2025	26 Jun 2026	256 Days
40 Gobions Avenue, Romford, RM5 3SP	£500,000	£500,000	£0	13 Jan 2026	25 Jun 2026	163 Days
44 Frinton Road, Romford, RM5 2EP	£400,000	£390,000	-£10,000	23 Oct 2025	24 Jun 2026	244 Days
179 Hainault Road, Romford, RM5 3AR	£425,000	£407,000	-£18,000	20 Nov 2025	11 Jun 2026	203 Days
310 Lodge Lane, Romford, RM5 2HX	£650,000	£650,000	£0	16 Aug 2025	02 Jun 2026	290 Days
18 Oates Road, Romford, RM5 2HT	£450,000	£450,000	£0	29 Dec 2025	26 May 2026	148 Days
1 Navarre Gardens, Romford, RM5 2HH	£430,000	£425,000	-£5,000	30 Sep 2025	26 May 2026	238 Days
29 Silvermere Avenue, Romford, RM5 2PX	£450,000	£450,000	£0	27 Aug 2025	14 May 2026	260 Days
30 Gelsthorpe Road, Romford, RM5 2NA	£450,000	£444,000	-£6,000	31 Jan 2026	13 May 2026	102 Days
176 Hainault Road, Romford, RM5 3AS	£475,000	£475,000	£0	04 Mar 2026	24 Apr 2026	51 Days
17 Warden Avenue, Romford, RM5 2SP	£450,000	£445,000	-£5,000	01 Nov 2025	23 Apr 2026	173 Days
40 Dunster Close, Romford, RM5 3AT	£545,000	£524,000	-£21,000	30 Sep 2025	20 Apr 2026	202 Days
76 Hillrise Road, Romford, RM5 3BQ	£400,000	£395,000	-£5,000	06 Aug 2025	17 Apr 2026	254 Days
16 Wilton Drive, Romford, RM5 3TJ	£485,000	£485,000	£0	21 Nov 2025	17 Apr 2026	147 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

Most Expensive Streets in RM5 (Romford)

Postcode	Street	Area	Average	No. of Sales
RM5 3TH	Lawns Way	Romford	£631,250	4
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	£570,000	5
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 2UD	Ravenswood Close	Romford	£515,000	5

Least Expensive Streets in RM5 (Romford)

Postcode	Street	Area	Average	No. of Sales
RM5 3EN	Henham Court, Mowbrays Road	Romford	£187,498	3
RM5 3BG	Hillrise Road	Romford	£216,666	3
RM5 3XJ	Chelmsford Avenue	Romford	£252,500	4
RM5 2AT	Collier Row Road	Romford	£263,833	3
RM5 2JU	Turpin Avenue	Romford	£266,000	3
RM5 2JX	Udall Gardens	Romford	£270,166	6
RM5 3JJ	Erith Crescent	Romford	£270,583	6
RM5 3XH	Chelmsford Avenue	Romford	£279,000	3
RM5 3XP	Chase Cross Road	Romford	£281,666	3
RM5 3AL	Hainault Road	Romford	£285,000	3