RM7 8BL is a residential postcode located on Crownmead Way, Romford, RM7. It is the 329th largest postcode in the RM7 area.
It contains 28 residential addresses consisting of 7 houses, 13 flats and 8 unknown and the most common type of property is a mid-century flat built between 1936 and 1979.
The average house value is £251,913. Sales values have decreased in the last 12 months by 0.1% and Rental values have increased by 5.7%.
Property sale values range from £170,355 for a leasehold flat, with 1 bedrooms split across 407 square feet of gross internal area and has no outside space to £380,009 for a freehold house, with 3 bedrooms split across 872 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM7 8BL is £389/ft2.
Properties achieve a rental yield of between 6% and 7.3%, and rental values range from £1,003 to £1,913 per month.
The last sale was 21 Apr 2023 for £380,000 and since then the market in the area has increased by 0%. The postcode has had a total of 4 sales since 1995.
RM7 8BL has seen 3 sales in the last three years and no sales in the last twelve months.
RM7 8BL is the 329th largest and the 123rd most expensive postcode out of the 544 postcodes in the RM7 area.
RM7 8BL is the 329th largest and the 123rd most expensive postcode out of the 544 postcodes in the RM7 area.
RM7 8BL is a residential postcode located on Crownmead Way, Romford, RM7 with 7 houses, 13 flats and 8 unknown within its bounds.
The most common property type in RM7 8BL is a mid-century flat built between 1936 and 1979.
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to RM7 8BL is Romford station which is 1.7 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around RM7 8BL, 39.4% of property is privately rented and 36.5% 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 8BL, 22.7% of residents are recorded as possessing school level qualifications and 31.8% 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 8BL, the average age was 38.3 and the most common age was 37.
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 8BL, 0.6% 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 8BL, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.