RM7 0XB is a residential postcode located on Philip Avenue, Romford, RM7. It is the 193rd largest postcode in the RM7 area.
It contains 10 houses and 3 unknown and the most common type of property is a early-century house built between 1912 and 1935.
The average house value is £474,446. Sales values have decreased in the last 12 months by 1.9% and Rental values have increased by 3.6%.
Property sale values range from £400,741 for a freehold house, with 3 bedrooms split across 775 square feet of gross internal area and has a garden to £523,759 for a freehold house, with 4 bedrooms split across 1,345 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM7 0XB is £438/ft2.
Properties achieve a rental yield of between 5.3% and 5.7%, and rental values range from £1,905 to £2,328 per month.
The last sale was 01 Apr 2022 for £425,000 and since then the market in the area has decreased by -3.7%. The postcode has had a total of 4 sales since 1995.
RM7 0XB has seen 1 sale in the last three years and no sales in the last twelve months.
RM7 0XB is the 193rd largest and the 497th most expensive postcode out of the 544 postcodes in the RM7 area.
RM7 0XB is the 193rd largest and the 497th most expensive postcode out of the 544 postcodes in the RM7 area.
RM7 0XB is a residential postcode located on Philip Avenue, Romford, RM7 with 10 houses and 3 unknown within its bounds.
The most common property type in RM7 0XB is a early-century house 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 RM7 0XB is Romford 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 RM7 0XB, 43.4% of property is privately owned outright and 34.5% 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 RM7 0XB, 18.4% of residents are recorded as possessing school level qualifications and 27.5% 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 RM7 0XB, the average age was 38.7 and the most common age was 32.
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 RM7 0XB, 1.0% 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 RM7 0XB, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.