marketcodeSold price per m²
£5,162/m² 12 months to Mar 2026
162 sales
+0.1% over the year to Dec 2025 by the house price index, which follows the same homes over time.
Postcode district
RM5 property market
Sold £5,162/m² · Median sold £423,963 (162 sales) · Index +0.1% y/y · Turnover 2.5% · 12 months, sales to Mar 2026, listings to Aug 2026
What is RM5?
- Buildings
- 6,812
- Mixed-use buildings
- 1.8%
- HMO-shaped units
- 15%
What does RM5 cost?
RM5: sold price per m² £5,162/m² (12 months to Mar 2026, 162 sales). +0.1% over the year to Dec 2025 by the house price index, which follows the same homes over time.
Sold price
£423,963 12 months to Mar 2026
162 sales
+0.1% over the year to Dec 2025 by the house price index, which follows the same homes over time.
Sample is the matched completed sales behind the latest month. A month in which this cohort recorded no sale of its own carries the parent area's price rather than a measurement, and is not published with no sample.
Asking price
£451,041 12 months to Aug 2026
442 listings
+0.4% on the previous 12 months.
Sample is the dated listings that came to market in the latest month (added and reduced cohorts).
Settled months to Dec 2025; the dashed tail is the pipeline's projection of the index 12 months ahead, inside its 80% band. A projection of the index, not a forecast of any home's price.
ObservedForecast with intervalIndex points, not property prices
What does RM5 earn?
RM5: asking rent £2,082 a month (12 months to Jul 2026, 88 lets).
Asking rent
£2,082 a month 12 months to Jul 2026
88 lets
Gross yield, asking basis
5.5% 12 months to Aug 2026
150 lets
+4.8% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
How does RM5 vary by home size?
Asking price in RM5 runs from £315,127 for 2 bedrooms to £547,857 for 4 bedrooms.
| Homes | Asking price | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | Not published | — | — | — |
| 2 bedrooms | £315,127 | 12 months to Jun 2026 | — | 79 |
| 3 bedrooms | £444,980 | 12 months to Aug 2026 | +0.9% on the previous 12 months | 255 |
| 4 bedrooms | £547,857 | 12 months to Aug 2026 | +1.2% on the previous 12 months | 105 |
| 5+ bedrooms | Not published | — | — | — |
Asking price by bedroom band: the monthly medians of sale listings that came to market, weighted by their dated listings, over the last 12 observed months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
How liquid is RM5?
RM5: turnover 2.5% (12 months to Dec 2025, 204 sales). +6.8% on the previous 12 months.
Turnover
2.5% 12 months to Dec 2025
204 sales
+6.8% on the previous 12 months.
Sample is the matched completed sales behind the latest month. A month in which this cohort recorded no sale of its own has a rate of zero by arithmetic rather than a measured rate, and is not published with no sample.
Completed sales
255 12 months to Jan 2026
255 sales
+13.3% on the previous 12 months.
Sample is the registry count itself; months within six months of the last ingest are still filling.
Listings for sale
255 12 months to Jul 2026
255 listings
Who is active in RM5?
20 agents listed homes for sale in RM5; the three largest took 51% of the listings.
- Agents active
- 20
- Top three agents’ share
- 51%
- New homes among listings
- 0.0%
days_to_completion is on the registry-matched subset (sold_matched_n), not a sell-through rate.
Who owns RM5?
Corporate landlords hold 68% of the 292 units in RM5 whose freeholder is classified; 97% of all units are not yet classified.
- Corporate landlords68% of classified · 198 units
- Housing associations16% of classified · 47 units
- Individuals (not traceable in bulk)15% of classified · 44 units
- RMC1.0% of classified · 3 units
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Where does RM5 rank?
RM5 ranks 5th of 9 postcode districts in Havering for sold price per m², at £5,162/m².
Sold price per m² · postcode districts in Havering
RM5 ranks 5th of 9 postcode districts in Havering for sold price per m², at £5,162/m².
| # | Area | Sold price per m² | Sample | Tier |
|---|---|---|---|---|
| 1 | RM14 | £5,767/m² | 260 | measured |
| 2 | RM12 | £5,511/m² | 326 | measured |
| 3 | RM2 | £5,459/m² | 181 | measured |
| 4 | RM11 | £5,384/m² | 322 | measured |
| 5 | RM5 | £5,162/m² | 162 | measured |
Full table: sold price per m² across postcode districts in Havering →
Gross yield, asking basis · postcode districts in Havering
RM5 ranks 2nd of 9 postcode districts in Havering for gross yield, asking basis, at 5.5%.
| # | Area | Gross yield, asking basis | Sample | Tier |
|---|---|---|---|---|
| 1 | RM3 | 5.8% | 421 | measured |
| 2 | RM5 | 5.5% | 150 | measured |
| 3 | RM13 | 5.0% | 338 | measured |
| 4 | RM7 | 4.9% | 471 | measured |
| 5 | RM1 | 4.5% | 525 | measured |
Full table: gross yield, asking basis across postcode districts in Havering →
Turnover · postcode districts in Havering
RM5 ranks 5th of 9 postcode districts in Havering for turnover, at 2.5%.
| # | Area | Turnover | Sample | Tier |
|---|---|---|---|---|
| 1 | RM2 | 3.2% | 200 | measured |
| 2 | RM14 | 3.0% | 347 | measured |
| 3 | RM11 | 2.9% | 382 | measured |
| 4 | RM12 | 2.7% | 416 | measured |
| 5 | RM5 | 2.5% | 204 | measured |
Full table: turnover across postcode districts in Havering →
Where next from RM5?
- HaveringThe wider market this area sits in.
- RM1Neighbouring postcode district · £5,104/m²
- RM11Neighbouring postcode district · £5,666/m²
- RM12Neighbouring postcode district · £5,319/m²
- RM13Neighbouring postcode district · £4,664/m²
- RM14Neighbouring postcode district · £6,228/m²
- RM2Neighbouring postcode district · £6,236/m²
- RM3Neighbouring postcode district · £4,757/m²
- RM7Neighbouring postcode district · £5,554/m²
- IG7Next door, in another authority · £9,277/m²
- RM4Next door, in another authority · £10,761/m²
- RM6Next door, in another authority · £4,606/m²
- IG6Next door, in another authority · £5,912/m²
- IG2Next door, in another authority · £6,029/m²
Questions about RM5
- What is the median house price in RM5?
- Homes in RM5 sold for a median £423,963 over the 12 months to Mar 2026, 162 sales. Per square metre that is £5,162/m². Registered completions, not asking prices.
- How have house prices in RM5 changed?
- +0.1% over the year to Dec 2025 by the house price index, which follows the same homes over time.
- What is the average rent in RM5?
- Homes to let in RM5 asked a median £2,082 a month over the 12 months to Jul 2026, 88 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in RM5?
- 5.5% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Aug 2026, 150 lets. +4.8% on the previous 12 months.
- How quickly do homes sell in RM5?
- 2.5% of the homes in RM5 changed hands over the 12 months to Dec 2025, 204 sales.
Everything else about RM5
- Properties in RM5Every addressable home with its floor area, tenure and last recorded sale.
- Buildings in RM5Footprints, heights and the units inside them.
- Land and plots in RM5Registered parcels with their area, tenure and what stands on them.
- Homes for sale in RM5What is on the market right now, with the evidence beside each asking price.
- Homes to rent in RM5What is available to rent, with the recorded rent and yield beside each asking price.
- Recent house sales in RM5Registered completions from Price Paid, newest first.
- Planning applications in RM5What was proposed, who decided it and whether it was approved.
- Estate agents active in RM5Who actually lists here, ranked by volume over 12 months.
Where these figures come from, and what is not published
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Sold price per m² | HM Land Registry Price Paid and portal listings, monthly rollup | 12 months to Mar 2026 | Mar 2026 | 162 sales |
| Sold price | HM Land Registry Price Paid and portal listings, monthly rollup | 12 months to Mar 2026 | Mar 2026 | 162 sales |
| Asking price | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 442 listings |
| Asking price per m² | the area_facts listing rollup | 12 months to Jul 2026 | Jul 2026 | 255 listings |
| Asking rent | MarketCode market evidence | 12 months to Jul 2026 | Jul 2026 | 88 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 150 lets |
| Turnover | MarketCode market evidence | 12 months to Dec 2025 | Dec 2025 | 204 sales |
| Completed sales | MarketCode market evidence | 12 months to Jan 2026 | Jan 2026 | 255 sales |
| Listings for sale | the area_facts listing rollup | 12 months to Jul 2026 | Jul 2026 | 255 listings |
| New listings | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 269 listings |
| Price reductions | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 173 listings |
| Live listings | MarketCode market evidence | on 21 Sep 2026 | 21 Sep 2026 | — |
- Asking to sold
- Only 2 observed months: the 12-month figure needs 6; the monthly line is drawn.
- Days to completion
- Only 2 observed months: the 12-month figure needs 6; the monthly line is drawn.
Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0.