RM7 7HB is a residential postcode located on Mawney Road, Romford, RM7. It is the 158th largest postcode in the RM7 area.
It contains 8 flats and 2 unknown and the most common type of property is a modern flat built after 1980.
The average house value is £291,152. 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 £227,888 for a leasehold flat, with 1 bedrooms split across 463 square feet of gross internal area and has no outside space to £470,781 for a freehold house, with 4 bedrooms split across 1,141 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM7 7HB is £433/ft2.
Properties achieve a rental yield of between 5.4% and 5.7%, and rental values range from £1,054 to £2,128 per month.
The last sale was 17 Feb 2023 for £250,000 and since then the market in the area has decreased by -0.2%. The postcode has had a total of 4 sales since 1995.
RM7 7HB has seen 1 sale in the last three years and no sales in the last twelve months.
RM7 7HB is the 158th largest and the 169th most expensive postcode out of the 544 postcodes in the RM7 area.
RM7 7HB is the 158th largest and the 169th most expensive postcode out of the 544 postcodes in the RM7 area.
RM7 7HB is a residential postcode located on Mawney Road, Romford, RM7 with 8 flats and 2 unknown within its bounds.
The most common property type in RM7 7HB 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 B.
The closest station to RM7 7HB is Romford station which is 600 metres 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 7HB, 37.4% of property is privately rented and 31.3% 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 7HB, 17.3% of residents are recorded as possessing school level qualifications and 39.0% 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 RM7 7HB, 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 7HB, 1.2% 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 7HB, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.