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Postcode Overview
of RM7 8AX
RM7 8AX is a residential postcode located on Essex Road, Romford, RM7. It is the 479th largest postcode in the RM7 area.
It contains 45 residential addresses consisting of 28 houses, 2 flats and 15 unknown and the most common type of property is a early-century house built between 1912 and 1935.
Average property prices
in RM7 8AX
The average house value is £384,431. Sales values have decreased in the last 12 months by 0.9% and Rental values have increased by 4.9%.
Property sale values range from £300,485 for a leasehold flat, with 2 bedrooms split across 570 square feet of gross internal area and has no outside space to £519,030 for a freehold house, with 4 bedrooms split across 1,485 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM7 8AX is £467/ft2.
Properties achieve a rental yield of between 5.4% and 5.9%, and rental values range from £1,417 to £2,333 per month.
Recent sales
within RM7 8AX
The last sale was 17 Nov 2023 for £485,000 and since then the market in the area has decreased by -0.9%. The postcode has had a total of 4 sales since 1995.
RM7 8AX has seen 4 sales in the last three years and 1 sale in the last twelve months.
Nearby postcodes
to RM7 8AX
RM7 8AX is the 479th largest and the 260th most expensive postcode out of the 544 postcodes in the RM7 area.
Nearby postcodes
to RM7 8AX
RM7 8AX is the 479th largest and the 260th most expensive postcode out of the 544 postcodes in the RM7 area.
Property types
in RM7 8AX
RM7 8AX is a residential postcode located on Essex Road, Romford, RM7 with 28 houses, 2 flats and 15 unknown within its bounds.
The most common property type in RM7 8AX is a early-century house built between 1912 and 1935.
Energy Efficiency
of properties within RM7 8AX
The homes with certificates are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being D.
Schools nearby
to RM7 8AX
Public transport nearby
to RM7 8AX
The closest station to RM7 8AX is Romford station which is 2.1 kilometres away.
