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Postcode Overview
of RM11 1LY
RM11 1LY is a residential postcode located on Southdown Road, Hornchurch, RM11. It is the 456th largest postcode in the RM11 area.
It contains 37 residential addresses consisting of 21 houses, 3 flats and 13 unknown and the most common type of property is a early-century house built between 1912 and 1935.
Average property prices
in RM11 1LY
The average house value is £475,395. Sales values have decreased in the last 12 months by 0.1% and Rental values have increased by 5.8%.
Property sale values range from £234,948 for a leasehold flat, with 2 bedrooms split across 570 square feet of gross internal area and has no outside space to £599,935 for a freehold house, with 4 bedrooms split across 1,787 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM11 1LY is £435/ft2.
Properties achieve a rental yield of between 5.6% and 7%, and rental values range from £1,355 to £2,800 per month.
Recent sales
within RM11 1LY
The last sale was 18 Dec 2023 for £470,000 and since then the market in the area has increased by 0.2%. The postcode has had a total of 4 sales since 1995.
RM11 1LY has seen 4 sales in the last three years and 1 sale in the last twelve months.
Nearby postcodes
to RM11 1LY
RM11 1LY is the 456th largest and the 238th most expensive postcode out of the 565 postcodes in the RM11 area.
Nearby postcodes
to RM11 1LY
RM11 1LY is the 456th largest and the 238th most expensive postcode out of the 565 postcodes in the RM11 area.
Property types
in RM11 1LY
RM11 1LY is a residential postcode located on Southdown Road, Hornchurch, RM11 with 21 houses, 3 flats and 13 unknown within its bounds.
The most common property type in RM11 1LY is a early-century house built between 1912 and 1935.
Energy Efficiency
of properties within RM11 1LY
The homes with certificates are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being No EPC.
Schools nearby
to RM11 1LY
Public transport nearby
to RM11 1LY
The closest station to RM11 1LY is Emerson Park station which is 1.4 kilometres away.
