RM7 8QA is a residential postcode located on Mawney Road, Romford, RM7. It is the 387th largest postcode in the RM7 area.
It contains 21 houses and 13 unknown and the most common type of property is a early-century house built between 1912 and 1935.
The average house value is £451,987. Sales values have decreased in the last 12 months by 1.6% and Rental values have increased by 5.2%.
Property sale values range from £365,553 for a freehold house, with 2 bedrooms split across 635 square feet of gross internal area and has a garden to £762,807 for a freehold house, with 5 bedrooms split across 2,422 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM7 8QA is £457/ft2.
Properties achieve a rental yield of between 5% and 5.5%, and rental values range from £1,659 to £3,248 per month.
The last sale was 18 Jun 2021 for £365,000 and since then the market in the area has increased by 3.5%. The postcode has had a total of 4 sales since 1995.
RM7 8QA has seen 2 sales in the last three years and no sales in the last twelve months.
RM7 8QA is the 387th largest and the 462nd most expensive postcode out of the 544 postcodes in the RM7 area.
RM7 8QA is the 387th largest and the 462nd most expensive postcode out of the 544 postcodes in the RM7 area.
RM7 8QA is a residential postcode located on Mawney Road, Romford, RM7 with 21 houses and 13 unknown within its bounds.
The most common property type in RM7 8QA is a early-century house built between 1912 and 1935.
The homes with certificates are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being No EPC.
The closest station to RM7 8QA is Romford station which is 2.3 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around RM7 8QA, 45.2% of property is privately owned outright and 45.2% 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 8QA, 18.2% of residents are recorded as possessing school level qualifications and 30.4% 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 8QA, the average age was 40.2 and the most common age was 42.
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 8QA, 0.3% 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 8QA, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.