RM1 4TA is a residential postcode located on Heather Way, Romford, RM1. It is the 397th largest postcode in the RM1 area.
It contains 23 houses and 15 unknown and the most common type of property is a early-century house built between 1912 and 1935.
The average house value is £406,833. Sales values have decreased in the last 12 months by 0.9% and Rental values have increased by 5.6%.
Property sale values range from £262,278 for a leasehold flat, with 2 bedrooms split across 700 square feet of gross internal area and has no outside space to £700,158 for a freehold house, with 5 bedrooms split across 2,088 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM1 4TA is £550/ft2.
Properties achieve a rental yield of between 5.4% and 6.6%, and rental values range from £1,434 to £3,169 per month.
The last sale was 16 Jul 2024 for £730,000 and since then the market in the area has increased by 0%. The postcode has had a total of 4 sales since 1995.
RM1 4TA has seen 4 sales in the last three years and 1 sale in the last twelve months.
RM1 4TA is the 397th largest and the 239th most expensive postcode out of the 473 postcodes in the RM1 area.
RM1 4TA is the 397th largest and the 239th most expensive postcode out of the 473 postcodes in the RM1 area.
RM1 4TA is a residential postcode located on Heather Way, Romford, RM1 with 23 houses and 15 unknown within its bounds.
The most common property type in RM1 4TA is a early-century house built between 1912 and 1935.
The homes with certificates are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being No EPC.
The closest station to RM1 4TA is Romford station which is 2.1 kilometres 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 4TA, 46.5% of property is privately owned with a mortgage and 42.6% 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 4TA, 17.6% of residents are recorded as possessing school level qualifications and 29.8% 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 4TA, the average age was 44 and the most common age was 57.
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 4TA, 0.3% 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 4TA, there are an average of 1.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.