RM3 8JW is a residential postcode located on Veronica Close, Romford, RM3. It is the 749th largest postcode in the RM3 area.
It contains 37 residential addresses consisting of 1 house, 22 flats and 14 unknown and the most common type of property is a mid-century flat built between 1936 and 1979.
The average house value is £180,323. Sales values have decreased in the last 12 months by 0.7% and Rental values have increased by 5.3%.
Property sale values range from £175,268 for a leasehold flat, with 3 bedrooms split across 1,076 square feet of gross internal area and has no outside space to £326,696 for a freehold house, with 3 bedrooms split across 936 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM3 8JW is £342/ft2.
Properties achieve a rental yield of between 6.3% and 7.4%, and rental values range from £1,075 to £1,712 per month.
The last sale was 03 Feb 2023 for £180,000 and since then the market in the area has decreased by -0.9%. The postcode has had a total of 4 sales since 1995.
RM3 8JW has seen 3 sales in the last three years and no sales in the last twelve months.
RM3 8JW is the 749th largest and the 51st most expensive postcode out of the 894 postcodes in the RM3 area.
RM3 8JW is the 749th largest and the 51st most expensive postcode out of the 894 postcodes in the RM3 area.
RM3 8JW is a residential postcode located on Veronica Close, Romford, RM3 with 1 house, 22 flats and 14 unknown within its bounds.
The most common property type in RM3 8JW is a mid-century flat built between 1936 and 1979.
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to RM3 8JW is Harold Wood station which is 1.6 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 RM3 8JW, 66.0% of property is socially rented and 16.3% is privately owned with a mortgage.
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 RM3 8JW, 16.0% of residents are recorded as possessing school level qualifications and 19.5% 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 RM3 8JW, the average age was 33.9 and the most common age was 7.
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 RM3 8JW, 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 RM3 8JW, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.