RM3 8LL is a residential postcode located on Dudley Road, Romford, RM3. It is the 837th largest postcode in the RM3 area.
It contains 49 residential addresses consisting of 20 houses, 11 flats and 18 unknown and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £238,592. Sales values have decreased in the last 12 months by 0.7% and Rental values have increased by 5.2%.
Property sale values range from £177,696 for a leasehold flat, with 1 bedrooms split across 459 square feet of gross internal area and has no outside space to £408,136 for a freehold house, with 3 bedrooms split across 1,023 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM3 8LL is £426/ft2.
Properties achieve a rental yield of between 5.9% and 7.4%, and rental values range from £1,064 to £1,994 per month.
The last sale was 28 Jul 2023 for £252,500 and since then the market in the area has decreased by -0.6%. The postcode has had a total of 4 sales since 1995.
RM3 8LL has seen 3 sales in the last three years and no sales in the last twelve months.
RM3 8LL is the 837th largest and the 158th most expensive postcode out of the 894 postcodes in the RM3 area.
RM3 8LL is the 837th largest and the 158th most expensive postcode out of the 894 postcodes in the RM3 area.
RM3 8LL is a residential postcode located on Dudley Road, Romford, RM3 with 20 houses, 11 flats and 18 unknown within its bounds.
The most common property type in RM3 8LL is a mid-century house 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 D.
The closest station to RM3 8LL is Harold Wood station which is 1.4 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 8LL, 46.2% of property is socially rented and 26.5% 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 8LL, 14.8% of residents are recorded as possessing school level qualifications and 26.0% 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 8LL, 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 8LL, 0.9% 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 8LL, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.