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Gidea Park market report RM2 5, Romford
The RM2 5 (Gidea Park) house price history in full, 1995 to 2026, in cash and in today's money. The raw material for this page is 3,854 HM Land Registry entries for RM2 5 (Romford), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: the typical home in RM2 5 (Romford) sold for £527,000 in 2026, the median of 30 registered sales, up 11% on five years earlier. The mean was £520,100, and by floor area homes here have averaged about £5,500 per square metre over the last five years. The figures cover 3,854 sales recorded by HM Land Registry since 1995 and refresh with each monthly release: completed sale prices, not valuations or asking prices.
A postcode sector like RM2 5 is a single group of streets within RM2 (Romford), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.
Where RM2 5 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
What a home in RM2 5 sells for
In the RM2 5 property market, the 2026 median sale price is £527,000, from 30 registered sales; the mean, the "average house price" most sites quote, is £520,100, sitting practically level with it: prices here bunch tightly around the middle.
Price per square metre in RM2 5
The last five years of sales put RM2 5 at roughly £5,500 per square metre. That figure, built from each sale's Energy Performance Certificate floor area, is the one that makes a small flat and a big house comparable.
Set against the £285,000 England and Wales median, RM2 5 sits 85% above the national market.
The price of a typical RM2 5 home, 1995 to 2026
The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £527,000 | £527,000 | 30 |
| 2025 | £572,000 | £585,678 | 114 |
| 2024 | £524,400 | £557,545 | 94 |
| 2023 | £535,000 | £587,834 | 79 |
| 2022 | £555,000 | £650,801 | 117 |
| 2021 | £475,000 | £601,411 | 144 |
| 2020 | £472,500 | £613,079 | 110 |
| 2019 | £487,000 | £638,340 | 111 |
| 2018 | £460,000 | £613,189 | 105 |
| 2017 | £450,000 | £613,755 | 93 |
| 2016 | £406,200 | £568,278 | 100 |
| 2015 | £360,000 | £508,680 | 131 |
| 2014 | £311,000 | £441,208 | 122 |
| 2013 | £272,000 | £391,381 | 126 |
| 2012 | £267,000 | £392,991 | 93 |
| 2011 | £290,000 | £437,788 | 109 |
| 2010 | £260,000 | £407,747 | 111 |
| 2009 | £250,000 | £401,877 | 102 |
| 2008 | £298,500 | £489,305 | 82 |
| 2007 | £270,000 | £457,995 | 178 |
| 2006 | £250,000 | £433,968 | 169 |
| 2005 | £250,000 | £444,899 | 163 |
| 2004 | £230,000 | £417,725 | 178 |
| 2003 | £200,000 | £368,449 | 143 |
| 2002 | £200,000 | £376,298 | 148 |
| 2001 | £150,000 | £288,367 | 139 |
| 2000 | £138,000 | £270,825 | 115 |
| 1999 | £120,000 | £239,154 | 164 |
| 1998 | £110,000 | £222,043 | 130 |
| 1997 | £95,000 | £194,826 | 151 |
| 1996 | £81,500 | £171,880 | 100 |
| 1995 | £81,000 | £176,082 | 103 |
In cash terms the typical RM2 5 home went from £81,000 in 1995 to £527,000 in 2026, roughly 7 times the price. Even after inflation that is a real rise of about 199%: homes here genuinely became dearer, not merely more expensive on paper. The real-terms peak came in 2022, and today's median remains roughly 19% under it: a 2022 buyer is still waiting to get that price back in today's money.
Year-on-year change in the RM2 5 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2002 (+33.3% on the year before); the weakest, 2009 (−16.2%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What RM2 5 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −7.9% | −10.0% |
| 5 years (since 2021) | +2.1% | −2.6% |
| 10 years (since 2016) | +2.6% | −0.8% |
| 20 years (since 2006) | +3.8% | +1.0% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
Sales activity in RM2 5
The year-by-year sales count
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
Over the last twelve months of data, 30 sales completed in RM2 5. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 154 sales a year before the financial crisis and 87 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.
What kind of market RM2 5 is
Only 30 sales completed here in the last twelve months of data, which makes RM2 5 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. Against the RM2 district median, RM2 5 sits 8% higher, marking it as a dearer pocket of the district.
The rental side of RM2 5
RM2 5 falls under Havering, where the ONS puts the average private rent at £1,564 a month (May 2026 figures). The spread runs from £1,215 a month for a typical one-bed to £2,497 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Havering
ONS Price Index of Private Rents, May 2026.
Set against the £527,000 median sold price, £1,564 a month is £18,768 a year, a gross yield of 3.6%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.
Asked and answered: RM2 5 (Gidea Park)
Are property prices falling in RM2 5 (Gidea Park)?
Is RM2 5 (Gidea Park) a good place to buy a house?
How much did a house sell for in RM2 5 (Gidea Park)?
Where do RM2 5 prices go next?
Prediction is not this page's business. Its business is the record, which says: the median is up 11% over five years in cash but down 12% after inflation. Read the volume chart with the price chart before acting on either, remembering that registrations trail the deals themselves by weeks.
What you could buy in RM2 now
Turning to what is actually available: 32 homes on the market right now, from 7 agents publishing to HomesIndex.
These cover the whole RM2 district, not just RM2 5: live asking prices are collected per district.
23% of what is on the market here is asking below what comparable homes actually sold for. The comparison behind each listing uses recent recorded sales of similar homes close by.
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
See every RM2 home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
The price of an extra bedroom in RM
What homes of each size actually sold for across the RM area, from the Land Registry record. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £450,000 | £575,000 (+28%) | £830,000 (+44%) | £1,150,000 (+39%) |
| Semi-detached | £365,000 | £425,000 (+16%) | £485,000 (+14%) | £635,000 (+31%) | £772,500 (+22%) |
| Terraced | £330,000 | £380,000 (+15%) | £435,000 (+14%) | £527,750 (+21%) | £662,500 (+26%) |
| Flat | £222,000 | £280,000 (+26%) | £360,000 (+29%) | — | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
The spread across the RM area is the point: the same five years treated these districts very differently.
Winners and losers across the RM area, five years
Cash-terms risers and fallers across the area; click any row for that district's full report.
Other sectors in RM2
Prices can differ sharply between two sectors a few minutes' walk apart. The rest of RM2, each linking to its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| RM2 6 | £470,000 | 46 |
Zoom out to the full RM2 district report for the type split, monthly volumes and how RM2 compares with its neighbours.
Before you sell in RM2 5: what the record supports
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at RM2 5's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
Estate agents working RM2 5: the featured spot on this report is free for founding agents, one per district. Claim RM2 5.
Dig further
The AI answers from the same Land Registry data this report is built on, already scoped to RM2 5. Free after a one click sign in.
See every individual RM2 5 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.
How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.