RM1 2PA is a residential postcode located on Victoria Road, Romford, RM1. It is the 140th largest postcode in the RM1 area.
It contains 10 residential addresses consisting of 4 houses and 6 flats and the most common type of property is a modern flat built after 1980.
The average house value is £227,495. Sales values have decreased in the last 12 months by 0.2% and Rental values have increased by 5.8%.
Property sale values range from £206,539 for a leasehold flat, with 2 bedrooms split across 667 square feet of gross internal area and has no outside space to £462,971 for a freehold house, with 4 bedrooms split across 1,424 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM1 2PA is £300/ft2.
Properties achieve a rental yield of between 5.9% and 7.4%, and rental values range from £1,250 to £2,294 per month.
The last sale was 16 Sep 2014 for £230,000 and since then the market in the area has increased by 39%. The postcode has had a total of 4 sales since 1995.
RM1 2PA has seen no sales in the last three years and no sales in the last twelve months.
RM1 2PA is the 140th largest and the 69th most expensive postcode out of the 473 postcodes in the RM1 area.
RM1 2PA is the 140th largest and the 69th most expensive postcode out of the 473 postcodes in the RM1 area.
RM1 2PA is a residential postcode located on Victoria Road, Romford, RM1 with 4 houses and 6 flats within its bounds.
The most common property type in RM1 2PA 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 B.
The closest station to RM1 2PA is Romford station which is 400 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 2PA, 36.0% of property is privately rented and 30.2% is privately owned with a mortgage.
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 2PA, 19.0% of residents are recorded as possessing school level qualifications and 42.2% 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 2PA, the average age was 36.6 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 2PA, 0.0% 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 2PA, 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.