RM7 8QB is a residential postcode located on Mawney Road, Romford, RM7. It is the 424th largest postcode in the RM7 area.
It contains 26 houses and 12 unknown and the most common type of property is a early-century house built between 1912 and 1935.
The average house value is £487,168. Sales values have decreased in the last 12 months by 2.5% and Rental values have increased by 3.7%.
Property sale values range from £429,149 for a freehold house, with 3 bedrooms split across 847 square feet of gross internal area and has a garden to £559,647 for a freehold house, with 4 bedrooms split across 1,421 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM7 8QB is £453/ft2.
Properties achieve a rental yield of between 5% and 5.4%, and rental values range from £1,924 to £2,342 per month.
The last sale was 13 Nov 2023 for £565,000 and since then the market in the area has decreased by -1.6%. The postcode has had a total of 4 sales since 1995.
RM7 8QB has seen 4 sales in the last three years and 1 sale in the last twelve months.
RM7 8QB is the 424th largest and the 520th most expensive postcode out of the 544 postcodes in the RM7 area.
RM7 8QB is the 424th largest and the 520th most expensive postcode out of the 544 postcodes in the RM7 area.
RM7 8QB is a residential postcode located on Mawney Road, Romford, RM7 with 26 houses and 12 unknown within its bounds.
The most common property type in RM7 8QB 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 D.
The closest station to RM7 8QB is Romford station which is 2.3 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around RM7 8QB, 47.4% of property is privately owned outright and 39.5% 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 8QB, 19.6% of residents are recorded as possessing school level qualifications and 23.5% 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 8QB, 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 8QB, 2.0% 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 8QB, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.