marketcodeAsking rent
£2,082 a month 12 months to Jul 2026
88 lets
Postcode district
RM5 rental market
Asking rent £2,082 a month · Gross yield 5.5% · 12 months, listings to Aug 2026
What is RM5?
- Buildings
- 6,812
- Mixed-use buildings
- 1.8%
- HMO-shaped units
- 15%
What does RM5 earn?
RM5: 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.
Homes to rent
36 on 21 Sep 2026
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 2nd of 9 postcode districts in Havering for asking rent, at £2,082 a month.
Asking rent · postcode districts in Havering
RM5 ranks 2nd of 9 postcode districts in Havering for asking rent, at £2,082 a month.
| # | Area | Asking rent | Sample | Tier |
|---|---|---|---|---|
| 1 | RM14 | £2,083 a month | 78 | indicative |
| 2 | RM5 | £2,082 a month | 88 | indicative |
| 3 | RM11 | £2,061 a month | 177 | measured |
| 4 | RM3 | £1,969 a month | 216 | measured |
| 5 | RM13 | £1,873 a month | 185 | 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 5.5%.
| # | 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 →
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 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.
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
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| 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 |
| Homes to rent | portal listings; observed forwards from 5 Sep 2026 | on 21 Sep 2026 | 21 Sep 2026 | — |