RM6 5BP is a residential postcode located on Lake Road, Romford, RM6. It is the 277th largest postcode in the RM6 area.
It contains 18 houses and 6 unknown and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £324,754. Sales values have decreased in the last 12 months by 0.4% and Rental values have increased by 4.4%.
Property sale values range from £303,580 for a freehold house, with 3 bedrooms split across 657 square feet of gross internal area and has a garden to £380,915 for a freehold house, with 3 bedrooms split across 1,012 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM6 5BP is £440/ft2.
Properties achieve a rental yield of between 6.3% and 6.7%, and rental values range from £1,692 to £2,000 per month.
The last sale was 18 Aug 2022 for £245,000 and since then the market in the area has decreased by -4.7%. The postcode has had a total of 4 sales since 1995.
RM6 5BP has seen 3 sales in the last three years and no sales in the last twelve months.
RM6 5BP is the 277th largest and the 149th most expensive postcode out of the 514 postcodes in the RM6 area.
RM6 5BP is the 277th largest and the 149th most expensive postcode out of the 514 postcodes in the RM6 area.
RM6 5BP is a residential postcode located on Lake Road, Romford, RM6 with 18 houses and 6 unknown within its bounds.
The most common property type in RM6 5BP 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 RM6 5BP is Chadwell Heath station which is 1.6 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around RM6 5BP, 38.0% of property is privately owned with a mortgage and 24.8% 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 5BP, 26.4% of residents are recorded as possessing school level qualifications and 36.7% 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 5BP, the average age was 34.1 and the most common age was 12.
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 5BP, 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 RM6 5BP, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.