RM6 5AX is a residential postcode located on Somerville Road, Romford, RM6. It is the 225th largest postcode in the RM6 area.
It contains 20 residential addresses consisting of 7 houses, 9 flats and 4 unknown and the most common type of property is a early-century flat built between 1912 and 1935.
The average house value is £358,635. Sales values have decreased in the last 12 months by 0.7% and Rental values have increased by 4.1%.
Property sale values range from £159,196 for a leasehold flat, with 1 bedrooms split across 291 square feet of gross internal area and has a garden to £467,118 for a freehold house, with 4 bedrooms split across 1,281 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM6 5AX is £414/ft2.
Properties achieve a rental yield of between 5% and 7.6%, and rental values range from £995 to £2,259 per month.
The last sale was 11 Jun 2021 for £450,000 and since then the market in the area has increased by 2.7%. The postcode has had a total of 4 sales since 1995.
RM6 5AX has seen 1 sale in the last three years and no sales in the last twelve months.
RM6 5AX is the 225th largest and the 184th most expensive postcode out of the 514 postcodes in the RM6 area.
RM6 5AX is the 225th largest and the 184th most expensive postcode out of the 514 postcodes in the RM6 area.
RM6 5AX is a residential postcode located on Somerville Road, Romford, RM6 with 7 houses, 9 flats and 4 unknown within its bounds.
The most common property type in RM6 5AX is a early-century flat 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 E.
The closest station to RM6 5AX is Chadwell Heath station which is 1.1 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 RM6 5AX, 36.0% of property is privately owned with a mortgage and 27.2% 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 RM6 5AX, 31.0% of residents are recorded as possessing school level qualifications and 42.4% 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 RM6 5AX, the average age was 40.6 and the most common age was 42.
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 RM6 5AX, 0.5% 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 RM6 5AX, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.