RM1 3HN is a residential postcode located on Mercury Gardens, Romford, RM1. It is the 221st largest postcode in the RM1 area.
It contains 18 flats and the most common type of property is a modern flat built after 1980.
The average house value is £295,294. 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 £248,868 for a leasehold flat, with 2 bedrooms split across 531 square feet of gross internal area and has no outside space to £337,762 for a leasehold flat, with 3 bedrooms split across 887 square feet of gross internal area and has no outside space.
Average £/ft2 for properties in RM1 3HN is £409/ft2.
Properties achieve a rental yield of between 5.7% and 5.8%, and rental values range from £1,196 to £1,624 per month.
The last sale was 26 Jan 2018 for £305,000 and since then the market in the area has decreased by -0.1%. The postcode has had a total of 4 sales since 1995.
RM1 3HN has seen no sales in the last three years and no sales in the last twelve months.
RM1 3HN is the 221st largest and the 167th most expensive postcode out of the 473 postcodes in the RM1 area.
RM1 3HN is the 221st largest and the 167th most expensive postcode out of the 473 postcodes in the RM1 area.
RM1 3HN is a residential postcode located on Mercury Gardens, Romford, RM1 with 18 flats within its bounds.
The most common property type in RM1 3HN 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 3HN is Romford station which is 700 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around RM1 3HN, 43.7% of property is privately rented and 35.0% is privately owned outright.
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 3HN, 11.1% of residents are recorded as possessing school level qualifications and 35.4% 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 3HN, 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 3HN, 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 3HN, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.