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Postcode Overview
of RM7 8LU
RM7 8LU is a residential postcode located on White Hart Lane, Romford, RM7. It is the 201st largest postcode in the RM7 area.
It contains 14 residential addresses consisting of 5 houses, 6 flats and 3 unknown and the most common type of property is a mid-century house built between 1936 and 1979.
Average property prices
in RM7 8LU
The average house value is £370,427. Sales values have decreased in the last 12 months by 1.3% and Rental values have increased by 5.4%.
Property sale values range from £235,730 for a leasehold flat, with 2 bedrooms split across 635 square feet of gross internal area and has no outside space to £438,019 for a freehold house, with 4 bedrooms split across 1,188 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM7 8LU is £399/ft2.
Properties achieve a rental yield of between 5.8% and 6.5%, and rental values range from £1,264 to £2,202 per month.
Recent sales
within RM7 8LU
The last sale was 10 Feb 2023 for £272,000 and since then the market in the area has decreased by -3.5%. The postcode has had a total of 4 sales since 1995.
RM7 8LU has seen 1 sale in the last three years and no sales in the last twelve months.
Nearby postcodes
to RM7 8LU
RM7 8LU is the 201st largest and the 228th most expensive postcode out of the 544 postcodes in the RM7 area.
Nearby postcodes
to RM7 8LU
RM7 8LU is the 201st largest and the 228th most expensive postcode out of the 544 postcodes in the RM7 area.
Property types
in RM7 8LU
RM7 8LU is a residential postcode located on White Hart Lane, Romford, RM7 with 5 houses, 6 flats and 3 unknown within its bounds.
The most common property type in RM7 8LU is a mid-century house built between 1936 and 1979.
Energy Efficiency
of properties within RM7 8LU
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.
Schools nearby
to RM7 8LU
Public transport nearby
to RM7 8LU
The closest station to RM7 8LU is Romford station which is 3.1 kilometres away.
