3.1% Below average

Rental Yield in RM2 — ROMFORD

Rent data based on Havering local authority median. Our methodology

Below average ↓ below London average (3.5%) · ↓ below England average (3.6%)
£500,000
Median Price
£1,300
Monthly Rent
3.1%
Gross Yield
602
Transactions (3yr)

Price by Property Type

Type Median Price Sales
Detached £860,000 89
Semi-detached £575,000 193
Terraced £522,500 123
Flat £290,000 183
Other £352,500 14

Compare Nearby Postcodes

Compare RM2 side by side →
Postcode Area Yield Median Price Monthly Rent
RM1 ROMFORD 3.67 £425,000 £1,300
RM11 HORNCHURCH 3.22 £485,000 £1,300
RM7 ROMFORD 3.74 £417,500 £1,300
RM3 ROMFORD 3.95 £395,000 £1,300
RM5 ROMFORD 3.66 £426,000 £1,300

RM2 is part of Havering. View all postcode districts in Havering.

Frequently Asked Questions

What is the rental yield in RM2?

RM2 has a gross rental yield of 3.1%. The median property price is £500,000 with typical monthly rents of £1,300, based on Land Registry and VOA data.

Is RM2 a good area for buy-to-let?

RM2 yields 3.1%, below the England average of 3.6%. The area may offer stronger capital growth. Compare with other postcodes in Havering for alternatives.

What is the median property price in RM2?

The median property price in RM2 is £500,000, based on 602 Land Registry transactions over 3 years. This compares to £426,000 across Havering as a whole.

Data updated quarterly · Last update: Q1 2026