RM1 2LX is a residential postcode located on Victoria Road, Romford, RM1. It is the 372nd largest postcode in the RM1 area.
It contains 35 residential addresses consisting of 14 houses, 12 flats and 9 unknown and the most common type of property is a period flat built between 1800 and 1911.
The average house value is £308,270. Sales values have decreased in the last 12 months by 0.2% and Rental values have increased by 5.9%.
Property sale values range from £214,595 for a leasehold flat, with 1 bedrooms split across 258 square feet of gross internal area and has no outside space to £506,295 for a leasehold flat, with 3 bedrooms split across 786 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM1 2LX is £403/ft2.
Properties achieve a rental yield of between 5.6% and 6.9%, and rental values range from £995 to £2,419 per month.
The last sale was 16 Apr 2024 for £268,500 and since then the market in the area has increased by 0.6%. The postcode has had a total of 4 sales since 1995.
RM1 2LX has seen 2 sales in the last three years and 1 sale in the last twelve months.
RM1 2LX is the 372nd largest and the 173rd most expensive postcode out of the 473 postcodes in the RM1 area.
RM1 2LX is the 372nd largest and the 173rd most expensive postcode out of the 473 postcodes in the RM1 area.
RM1 2LX is a residential postcode located on Victoria Road, Romford, RM1 with 14 houses, 12 flats and 9 unknown within its bounds.
The most common property type in RM1 2LX is a period flat built between 1800 and 1911.
The homes with certificates are generally period in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to RM1 2LX is Romford station which is 600 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 2LX, 56.0% of property is privately rented and 19.3% 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 2LX, 19.1% of residents are recorded as possessing school level qualifications and 36.1% 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 2LX, 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 2LX, 0.2% 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 2LX, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.