RM7 7ER is a residential postcode located on Medora Road, Romford, RM7. It is the 496th largest postcode in the RM7 area.
It contains 50 residential addresses consisting of 2 houses and 48 flats and the most common type of property is a modern flat built after 1980.
The average house value is £226,371. Sales values have decreased in the last 12 months by 0.2% and Rental values have increased by 5.7%.
Property sale values range from £219,715 for a leasehold flat, with 2 bedrooms split across 689 square feet of gross internal area and has no outside space to £470,781 for a freehold house, with 4 bedrooms split across 1,098 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM7 7ER is £501/ft2.
Properties achieve a rental yield of between 5.4% and 6.6%, and rental values range from £1,088 to £2,128 per month.
RM7 7ER is the 496th largest and the 47th most expensive postcode out of the 544 postcodes in the RM7 area.
RM7 7ER is the 496th largest and the 47th most expensive postcode out of the 544 postcodes in the RM7 area.
RM7 7ER is a residential postcode located on Medora Road, Romford, RM7 with 2 houses and 48 flats within its bounds.
The most common property type in RM7 7ER is a modern flat built after 1980.
The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to RM7 7ER 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 7ER, 88.0% of property is socially rented and 6.0% 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 7ER, 32.8% of residents are recorded as possessing school level qualifications and 22.1% 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 7ER, the average age was 37 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 7ER, 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 RM7 7ER, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.