Residential dwellings
8,080
Addressable residential units in the area (OS AddressBase).
RM5 rents and yields
Asking rent £2,039/month · Gross yield 5.4% · 12 months, listings to Sep 2026
What is RM5?
RM5: residential dwellings 8,080.
HMO-shaped dwellings
0.1%
RM5 ranks 8th of 9 neighbouring postcode districts for HMO-shaped dwellings.
Share of dwellings OS AddressBase classifies RH01/RH02/RH03: laid out as a house in multiple occupation. A statement about built form, not about a licence.
- Buildings
- 7,145
- Mixed-use buildings
- 1.9%
- HMO-shaped units
- 14%
- EPC A or B
- 4.2%
- EPC D or worse
- 62%
What does RM5 earn?
RM5: asking rent £2,039/month (12 months to Sep 2026, 93 lets).
Asking rent
£2,039/month 12 months to Sep 2026
93 lets
Median asking rent per calendar month of residential lettings in the month, from portal listings. Asking, not achieved. 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 93 lets.
Gross yield, asking basis
5.4% 12 months to Sep 2026
148 lets
+0.6% on the previous 12 months.
Cell asking rent × 12 over the same cell's asking sale price, before costs, voids and finance (cells with fewer than 5 dated listings are not built). 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 148 lets.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
49 on 6 Nov 2026
Count of live residential lettings on the day, from portal listings; observed forwards from 5 Sep 2026. The count on 6 Nov 2026; the daily series began on 5 Sep 2026, so no change over a year is stated.
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 3rd of 9 postcode districts in Havering for asking rent, at £2,039/month.
Asking rent · postcode districts in Havering
RM5 ranks 3rd of 9 postcode districts in Havering for asking rent, at £2,039/month.
| # | Area | Asking rent | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | RM14 | £2,096/month | 12 months to Sep 2026 · from monthly figures | 87 | indicative |
| 2 | RM11 | £2,086/month | 12 months to Sep 2026 · from monthly figures | 190 | measured |
| 3 | RM5 | £2,039/month | 12 months to Sep 2026 · from monthly figures | 93 | measured |
| 4 | RM3 | £2,015/month | 12 months to Sep 2026 · from monthly figures | 229 | measured |
| 5 | RM13 | £1,924/month | 12 months to Sep 2026 · from monthly figures | 215 | measured |
Full table: asking rent 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 5.4%.
| # | Area | Gross yield, asking basis | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | RM3 | 5.9% | 12 months to Sep 2026 · from monthly figures | 439 | measured |
| 2 | RM5 | 5.4% | 12 months to Sep 2026 · from monthly figures | 148 | measured |
| 3 | RM13 | 5.0% | 12 months to Sep 2026 · from monthly figures | 371 | measured |
| 4 | RM7 | 5.0% | 12 months to Sep 2026 · from monthly figures | 470 | measured |
| 5 | RM1 | 4.5% | 12 months to Sep 2026 · from monthly figures | 542 | measured |
Full table: gross yield, asking basis across postcode districts in Havering
Where next from RM5?
- HaveringThe wider market this area sits in.
- RM1Neighbouring postcode district · Asking £4,969/m² · Sep 2026
- RM11Neighbouring postcode district · Asking £6,101/m² · Sep 2026
- RM12Neighbouring postcode district · Asking £5,557/m² · Sep 2026
- RM13Neighbouring postcode district · Asking £4,981/m² · Sep 2026
- RM14Neighbouring postcode district · Asking £5,920/m² · Sep 2026
- RM2Neighbouring postcode district · Asking £5,935/m² · Sep 2026
- RM3Neighbouring postcode district · Asking £5,220/m² · Sep 2026
- RM7Neighbouring postcode district · Asking £5,167/m² · Sep 2026
- IG7Next door, in another authority · Asking £6,191/m² · Sep 2026
- RM4Next door, in another authority · Asking £5,690/m² · Sep 2026
- RM6Next door, in another authority · Asking £4,998/m² · Sep 2026
- IG6Next door, in another authority · Asking £5,283/m² · Sep 2026
- IG2Next door, in another authority · Asking £5,920/m² · Sep 2026
Questions about RM5
- What is the average rent in RM5?
- Homes to let in RM5 asked a median £2,039/month over the 12 months to Sep 2026, 93 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in RM5?
- 5.4% 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 Sep 2026, 148 lets. +0.6% on the previous 12 months.
- What kind of homes are in RM5?
- RM5 has 8,080 homes, 0.1% laid out as houses in multiple occupation.
Construction costs Context for residential research
Sector and regional evidence. These figures are not a quote for an individual property.
Reading the cost index and the regional factors…
Everything else about RM5
- Property values in RM5Every addressable home with its floor area, tenure and last recorded sale.
- Land and development sites in RM5Registered land with its area, tenure and what stands on it.
- Houses and flats for sale in RM5What is on the market right now, with the evidence beside each asking price.
- Flats and houses to rent in RM5What is available to rent, with the recorded rent and yield beside each asking price.
- Sold house prices in RM5Registered completions from Price Paid, newest first.
- Planning applications in RM5What was proposed, who decided it and whether it was approved.
- Estate agents in RM5Who actually lists here, ranked by volume over 12 months.
Where these figures come from
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Residential dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| HMO-shaped dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| Asking rent | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 93 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 148 lets |
| Homes to rent | Portal listings; observed forwards from 5 Sep 2026 | on 6 Nov 2026 | 6 Nov 2026 | — |