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Postcode Overview
of RM7 7LP
RM7 7LP is a residential postcode located on Cottons Approach, Romford, RM7. It is the 384th largest postcode in the RM7 area.
It contains 34 flats and the most common type of property is a modern flat built after 1980.
Average property prices
in RM7 7LP
The average house value is £233,568. Sales values have increased in the last 12 months by 0.1% and Rental values have increased by 5.7%.
Property sale values range from £193,866 for a leasehold flat, with 1 bedrooms split across 355 square feet of gross internal area and has no outside space to £317,547 for a leasehold flat, with 3 bedrooms split across 807 square feet of gross internal area and has a roof terrace.
Average £/ft2 for properties in RM7 7LP is £478/ft2.
Properties achieve a rental yield of between 6% and 6.3%, and rental values range from £968 to £1,674 per month.
Recent sales
within RM7 7LP
The last sale was 29 Apr 2022 for £244,000 and since then the market in the area has decreased by -0.7%. The postcode has had a total of 4 sales since 1995.
RM7 7LP has seen 2 sales in the last three years and no sales in the last twelve months.
Nearby postcodes
to RM7 7LP
RM7 7LP is the 384th largest and the 59th most expensive postcode out of the 544 postcodes in the RM7 area.
Nearby postcodes
to RM7 7LP
RM7 7LP is the 384th largest and the 59th most expensive postcode out of the 544 postcodes in the RM7 area.
Property types
in RM7 7LP
RM7 7LP is a residential postcode located on Cottons Approach, Romford, RM7 with 34 flats within its bounds.
The most common property type in RM7 7LP is a modern flat built after 1980.
Energy Efficiency
of properties within RM7 7LP
The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being B.
Schools nearby
to RM7 7LP
Public transport nearby
to RM7 7LP
The closest station to RM7 7LP is Romford station which is 700 metres away.
