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Postcode Overview
of RM7 7LL
RM7 7LL is a residential postcode located on Cherry Street, Romford, RM7. It is the 115th largest postcode in the RM7 area.
It contains 7 residential addresses consisting of 2 houses, 4 flats and 1 unknown and the most common type of property is a modern flat built after 1980.
Average property prices
in RM7 7LL
The average house value is £346,122. 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 £292,987 for a leasehold flat, with 2 bedrooms split across 614 square feet of gross internal area and has no outside space to £513,822 for a freehold house, with 4 bedrooms split across 1,119 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM7 7LL is £470/ft2.
Properties achieve a rental yield of between 5.2% and 5.7%, and rental values range from £1,376 to £2,255 per month.
Recent sales
within RM7 7LL
The last sale was 26 Oct 2023 for £495,000 and since then the market in the area has decreased by -0.5%. The postcode has had a total of 4 sales since 1995.
RM7 7LL has seen 2 sales in the last three years and 1 sale in the last twelve months.
Nearby postcodes
to RM7 7LL
RM7 7LL is the 115th largest and the 198th most expensive postcode out of the 544 postcodes in the RM7 area.
Nearby postcodes
to RM7 7LL
RM7 7LL is the 115th largest and the 198th most expensive postcode out of the 544 postcodes in the RM7 area.
Property types
in RM7 7LL
RM7 7LL is a residential postcode located on Cherry Street, Romford, RM7 with 2 houses, 4 flats and 1 unknown within its bounds.
The most common property type in RM7 7LL is a modern flat built after 1980.
Energy Efficiency
of properties within RM7 7LL
The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being B.
Schools nearby
to RM7 7LL
Public transport nearby
to RM7 7LL
The closest station to RM7 7LL is Romford station which is 900 metres away.
