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Postcode Overview
of RM7 8QU
RM7 8QU is a residential postcode located on Abbotts Close, Romford, RM7. It is the 456th largest postcode in the RM7 area.
It contains 29 houses and 13 unknown and the most common type of property is a mid-century house built between 1936 and 1979.
Average property prices
in RM7 8QU
The average house value is £401,304. 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 £121,057 for a studio leasehold flat of 172 square feet and has a garden to £572,010 for a freehold house, with 4 bedrooms split across 1,572 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM7 8QU is £468/ft2.
Properties achieve a rental yield of between 5.1% and 6.5%, and rental values range from £653 to £2,414 per month.
Recent sales
within RM7 8QU
The last sale was 13 Feb 2023 for £465,000 and since then the market in the area has decreased by -3.8%. The postcode has had a total of 4 sales since 1995.
RM7 8QU has seen 4 sales in the last three years and no sales in the last twelve months.
Nearby postcodes
to RM7 8QU
RM7 8QU is the 456th largest and the 327th most expensive postcode out of the 544 postcodes in the RM7 area.
Nearby postcodes
to RM7 8QU
RM7 8QU is the 456th largest and the 327th most expensive postcode out of the 544 postcodes in the RM7 area.
Property types
in RM7 8QU
RM7 8QU is a residential postcode located on Abbotts Close, Romford, RM7 with 29 houses and 13 unknown within its bounds.
The most common property type in RM7 8QU is a mid-century house built between 1936 and 1979.
Energy Efficiency
of properties within RM7 8QU
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being D.
Schools nearby
to RM7 8QU
Public transport nearby
to RM7 8QU
The closest station to RM7 8QU is Romford station which is 2.2 kilometres away.
