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Postcode Overview
of RM1 3HE
RM1 3HE is a residential postcode located on Mercury Gardens, Romford, RM1. It is the 433rd largest postcode in the RM1 area.
It contains 39 flats and 6 unknown and the most common type of property is a modern flat built after 1980.
Average property prices
in RM1 3HE
The average house value is £273,681. Sales values have decreased in the last 12 months by 0.6% and Rental values have increased by 5.5%.
Property sale values range from £215,549 for a leasehold flat, with 1 bedrooms split across 452 square feet of gross internal area and has no outside space to £312,384 for a leasehold flat, with 3 bedrooms split across 840 square feet of gross internal area and has no outside space.
Average £/ft2 for properties in RM1 3HE is £398/ft2.
Properties achieve a rental yield of between 5.9% and 6.2%, and rental values range from £1,058 to £1,575 per month.
Recent sales
within RM1 3HE
The last sale was 08 Feb 2024 for £277,000 and since then the market in the area has increased by 1.1%. The postcode has had a total of 4 sales since 1995.
RM1 3HE has seen 2 sales in the last three years and 2 sales in the last twelve months.
Nearby postcodes
to RM1 3HE
RM1 3HE is the 433rd largest and the 148th most expensive postcode out of the 473 postcodes in the RM1 area.
Nearby postcodes
to RM1 3HE
RM1 3HE is the 433rd largest and the 148th most expensive postcode out of the 473 postcodes in the RM1 area.
Property types
in RM1 3HE
RM1 3HE is a residential postcode located on Mercury Gardens, Romford, RM1 with 39 flats and 6 unknown within its bounds.
The most common property type in RM1 3HE is a modern flat built after 1980.
Energy Efficiency
of properties within RM1 3HE
The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being B.
Schools nearby
to RM1 3HE
Public transport nearby
to RM1 3HE
The closest station to RM1 3HE is Romford station which is 600 metres away.
