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Postcode Overview
of RM1 3FB
RM1 3FB is a residential postcode located on Mercury Gardens, Romford, RM1. It is the 465th largest postcode in the RM1 area.
It contains 122 flats and the most common type of property is a modern flat built after 1980.
Average property prices
in RM1 3FB
The average house value is £250,686. Sales values have decreased in the last 12 months by 0.7% and Rental values have increased by 5.4%.
Property sale values range from £180,564 for a leasehold flat, with 1 bedrooms split across 258 square feet of gross internal area and has no outside space to £278,841 for a leasehold flat, with 2 bedrooms split across 527 square feet of gross internal area and has no outside space.
Average £/ft2 for properties in RM1 3FB is £559/ft2.
Properties achieve a rental yield of between 5.6% and 5.7%, and rental values range from £838 to £1,320 per month.
Recent sales
within RM1 3FB
The last sale was 24 Mar 2023 for £207,500 and since then the market in the area has decreased by -0.3%. The postcode has had a total of 4 sales since 1995.
RM1 3FB has seen 4 sales in the last three years and no sales in the last twelve months.
Nearby postcodes
to RM1 3FB
RM1 3FB is the 465th largest and the 124th most expensive postcode out of the 473 postcodes in the RM1 area.
Nearby postcodes
to RM1 3FB
RM1 3FB is the 465th largest and the 124th most expensive postcode out of the 473 postcodes in the RM1 area.
Property types
in RM1 3FB
RM1 3FB is a residential postcode located on Mercury Gardens, Romford, RM1 with 122 flats within its bounds.
The most common property type in RM1 3FB is a modern flat built after 1980.
Energy Efficiency
of properties within RM1 3FB
The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being E.
Schools nearby
to RM1 3FB
Public transport nearby
to RM1 3FB
The closest station to RM1 3FB is Romford station which is 400 metres away.
