FREEPHONE 0800 044 3733 Lines Open 24/7
FREE Cash Offer CALL US on FREEPHONE0800 044 3733
You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in RM2

House Prices in RM2 House Prices in RM2 (Romford)

The average house price in RM2 (Romford) is £462,568 using HM Land Registry data.

The average property price increased by £25,283 (13.84%) over the last 5 years and increased by £5,065 (2.27%) over the last 12 months.

Over the last year, there were 171 residential property sales – a decrease of 18 transactions (-10.53%) relative to the previous year. The majority of house sales (40) were in the £506,000 - £624,000 range. Then came properties in the £270,000 - £388,000 range, where 34 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 191 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-19,388 (-2%).

In January 2025, there were 31 new estate agency instructions, 28 agreed home sales and 8 property price reductions.

Nearby Postcodes: CM13, CM14, DA1, DA17, DA8, RM1, RM10, RM11, RM12, RM13, RM14, RM15, RM16, RM17, RM18, RM19, RM20, RM3, RM4, RM5, RM7, RM8, RM9, SS16, SS17

5-Year Average Property Prices in RM2 (Romford)

13.84%

Property prices in RM2 (Romford) increased by 13.84% 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 RM2 (Romford) Over the Last Year

2.27%

Property prices in RM2 (Romford) increased by 2.27% 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 RM2 (Romford) - January 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 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 RM2 (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 RM2 (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 RM2 (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 RM2 (Romford) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the RM2 postcode area since 1995.

Recent Sales in RM2 (Romford)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
20 Millbrook Gardens, Gidea Park, Romford, Greater London, RM2 5RP£500,000£480,000-£20,00018 Mar 202428 Oct 2024224 Days
54 Salisbury Road, Romford, Greater London, RM2 5TP£425,000£425,000£017 Jun 202424 Oct 2024129 Days
104 Belgrave Avenue, Romford, Greater London, RM2 6PU£425,000£425,000£022 Apr 202422 Oct 2024183 Days
31 Durham Avenue, Romford, Greater London, RM2 6JJ£475,000£475,000£021 May 202418 Oct 2024150 Days
27 Pemberton Avenue, Romford, Greater London, RM2 6EX£850,000£830,000-£20,00022 May 202411 Oct 2024142 Days
50 Balgores Lane, Romford, Greater London, RM2 5JU£980,000£960,000-£20,00004 Jun 202403 Oct 2024121 Days
28 Lytton Road, Romford, Greater London, RM2 5SL£525,000£520,000-£5,00020 Feb 202426 Sep 2024219 Days
Flat 34, Coopers Court, Kidman Close, Gidea Park, Romford, Greater London, RM2 6GD£280,000£277,050-£2,95016 Mar 202413 Sep 2024181 Days
10 Lodge Avenue, Romford, Greater London, RM2 5AL£650,000£637,500-£12,50007 May 202413 Sep 2024129 Days
18 Gillian Crescent, Romford, Greater London, RM2 6NU£500,000£480,000-£20,00005 Jul 202411 Sep 202468 Days
124 Main Road, Romford, Greater London, RM2 5HS£780,000£762,500-£17,50009 Apr 202415 Aug 2024128 Days
470 Upper Brentwood Road, Romford, Greater London, RM2 6JB£700,000£660,000-£40,00014 Sep 202331 Jul 2024321 Days
125 Balgores Lane, Romford, Greater London, RM2 6BT£650,000£645,000-£5,00011 Jan 202430 Jul 2024201 Days
72 Amery Gardens, Romford, Greater London, RM2 6RU£500,000£480,000-£20,00021 Mar 202426 Jul 2024127 Days
14 Lodge Avenue, Romford, Greater London, RM2 5AL£725,000£702,500-£22,50022 Feb 202416 Jul 2024145 Days
55 Amery Gardens, Romford, Greater London, RM2 6RX£800,000£780,000-£20,00007 May 202405 Jul 202459 Days
36 South Block, The Railstore, Kidman Close, Romford, Greater London, RM2 6JH£300,000£300,000£017 Nov 202328 Jun 2024224 Days
53 Balgores Lane, Romford, Greater London, RM2 5JU£750,000£730,000-£20,00009 Apr 202421 Jun 202473 Days
Brookside, Heaton Grange Road, Romford, Greater London, RM2 5PP£900,000£870,000-£30,00013 Feb 202412 Jun 2024120 Days
14 Margaret Close, Romford, Greater London, RM2 5SJ£450,000£440,000-£10,00005 Mar 202403 Jun 202490 Days

Most Expensive Streets in RM2 (Romford)

PostcodeStreetAreaAverageNo. of Sales
RM2 6NBLinks AvenueRomford£1,318,0005
RM2 5NSBroadwayRomford£1,313,3333
RM2 5NTParkwayRomford£1,156,2504
RM2 5PAParkwayRomford£1,150,0003
RM2 5PBReed Pond WalkRomford£1,128,7504
RM2 6NHLinks AvenueRomford£1,028,3333
RM2 6NDLinks AvenueRomford£1,000,0006
RM2 6ADSquirrels Heath AvenueRomford£978,0005
RM2 6EJCastellan AvenueRomford£970,0003
RM2 6NJLinks AvenueRomford£945,6663

Least Expensive Streets in RM2 (Romford)

PostcodeStreetAreaAverageNo. of Sales
RM2 6EWSquirrels Heath LaneRomford£171,4287
RM2 6GHTallis Court, Kidman CloseRomford£222,77233
RM2 6JDWellington House, Kidman CloseRomford£223,1119
RM2 6GDCoopers Court, Kidman CloseRomford£229,08013
RM2 5PSRoyle CloseRomford£231,8336
RM2 6RJFerguson CourtRomford£235,5717
RM2 6EUBrent Court, Compton AvenueRomford£240,3124
RM2 6GENyall Court, Kidman CloseRomford£259,87619
RM2 5SYKingsley CourtRomford£264,0003
RM2 5UQScholars WayRomford£264,3333

Explore RM2 (Romford) using map

Sell Your
House Fast
Property Auctions Essex
Property Auctions Essex
We Buy
Any House
House
Valuation
Tools

Selling?
Get Your FREE
House Valuation Report

Office for National Statistics & Land Registry

We Are Regulated:

Property Ombudsman
Gov.UK Money Laundering Regulations
Trading Standards Approved
National Association of Property Buyers (NAPB)
ICO Registered
NAEA PropertyMark