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Before you offer on a home at RM5 3TS: the checks to raise with your surveyor and conveyancer, whether an asking price stands up against what sold nearby, how prices here have moved since 1995, what it costs to run a home, and a buyer's report for every home on the postcode.
1 thing to raise before an offer, and a street where the typical sale was £390k. In Romford North.
Multiply a home's floor area (on its energy certificate) by £4,911 for a neighbourhood benchmark: 90 m² comes to about £442k. Check an asking price.
+60% over ten years (2015 to 2025).
| Type | Sales | Typical | Range |
|---|---|---|---|
| Detached | 11 | £550k | £380k – £840k |
| Semi-detached | 73 | £485k | £221k – £855k |
| Terraced | 93 | £458k | £190k – £700k |
| Flat | 19 | £263k | £175k – £330k |
A home's own band, energy rating and typical bills are in its buyer's report.
| Home | Last sold | Floor area | |
|---|---|---|---|
| 1, The DriveSemi-detached | £357,000, Apr 2004 | – | Buyer's report → |
| 2, The DriveTerraced | £220,000, Nov 2002 | – | Buyer's report → |
| 3, The DriveSemi-detached | £250,000, Jun 2008 | – | Buyer's report → |
| 4, The DriveSemi-detached | £390,000, May 2018 | 71 m² | Buyer's report → |
| 5, The DriveSemi-detached | £227,000, Dec 2010 | 70 m² | Buyer's report → |
| 6, The DriveSemi-detached | £238,000, Oct 2008 | 124 m² | Buyer's report → |
| 7, The DriveSemi-detached | £272,500, Mar 2007 | 118 m² | Buyer's report → |
More for buying: Where can I afford? · How much to offer · Buying checklist · Check your documents
| Size | Typical value today | Cheaper quarter | Estimated rent | Gross yield |
|---|---|---|---|---|
| 1 bed | £219k | £190k | £1,230 a month | 6.7% |
| 2 beds | £399k | £324k | £1,570 a month | 4.7% |
| 3 beds | £483k | £451k | £1,850 a month | 4.6% |
| 4+ beds | £575k | £520k | £2,410 a month | 5.0% |
| All homes | £483k | £434k | £1,580 a month | 3.9% |
Values: sales since 2021 of homes with an energy certificate (bedrooms estimated from its rooms), carried to today on the local price index; the cheaper quarter is what a quarter of them go for under. Rents are estimates: the council's typical private rent (ONS) adjusted for how values here compare, or the postcode district's own rent (ONS, London). Gross yield = a year's rent ÷ value, before costs. Compare it with other places