RM1 1NL is a residential postcode located on South Street, Romford, RM1. It is the 158th largest postcode in the RM1 area.
It contains 11 flats and 1 unknown and the most common type of property is a modern flat built after 1980.
The average house value is £216,133. Sales values have decreased in the last 12 months by 0.6% and Rental values have increased by 5.4%.
Property sale values range from £167,660 for a leasehold flat, with 1 bedrooms split across 398 square feet of gross internal area and has no outside space to £309,376 for a freehold house, with 3 bedrooms split across 850 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM1 1NL is £372/ft2.
Properties achieve a rental yield of between 6.4% and 7.3%, and rental values range from £993 to £1,655 per month.
The last sale was 16 Sep 2022 for £225,000 and since then the market in the area has decreased by -3.6%. The postcode has had a total of 4 sales since 1995.
RM1 1NL has seen 2 sales in the last three years and no sales in the last twelve months.
RM1 1NL is the 158th largest and the 59th most expensive postcode out of the 473 postcodes in the RM1 area.
RM1 1NL is the 158th largest and the 59th most expensive postcode out of the 473 postcodes in the RM1 area.
RM1 1NL is a residential postcode located on South Street, Romford, RM1 with 11 flats and 1 unknown within its bounds.
The most common property type in RM1 1NL is a modern flat built after 1980.
The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to RM1 1NL is Romford station which is 300 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around RM1 1NL, 50.0% of property is privately rented and 29.1% is socially rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around RM1 1NL, 19.4% of residents are recorded as possessing school level qualifications and 38.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around RM1 1NL, the average age was 37 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around RM1 1NL, 0.7% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around RM1 1NL, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.