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Postcode Overview
of RM3 7BU
RM3 7BU is a residential postcode located on Ridley Close, Romford, RM3. It is the 382nd largest postcode in the RM3 area.
It contains 11 houses and 4 unknown and the most common type of property is a mid-century house built between 1936 and 1979.
Average property prices
in RM3 7BU
The average house value is £361,080. 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 £356,947 for a freehold house, with 3 bedrooms split across 861 square feet of gross internal area and has a garden to £490,422 for a freehold house, with 4 bedrooms split across 1,650 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM3 7BU is £409/ft2.
Properties achieve a rental yield of between 5.5% and 6%, and rental values range from £1,792 to £2,264 per month.
Recent sales
within RM3 7BU
The last sale was 03 Feb 2022 for £360,000 and since then the market in the area has decreased by -2.5%. The postcode has had a total of 4 sales since 1995.
RM3 7BU has seen 1 sale in the last three years and no sales in the last twelve months.
Nearby postcodes
to RM3 7BU
RM3 7BU is the 382nd largest and the 432nd most expensive postcode out of the 894 postcodes in the RM3 area.
Nearby postcodes
to RM3 7BU
RM3 7BU is the 382nd largest and the 432nd most expensive postcode out of the 894 postcodes in the RM3 area.
Property types
in RM3 7BU
RM3 7BU is a residential postcode located on Ridley Close, Romford, RM3 with 11 houses and 4 unknown within its bounds.
The most common property type in RM3 7BU is a mid-century house built between 1936 and 1979.
Energy Efficiency
of properties within RM3 7BU
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.
Schools nearby
to RM3 7BU
Public transport nearby
to RM3 7BU
The closest station to RM3 7BU is Gidea Park station which is 1.6 kilometres away.
