RM7 8RA is a residential postcode located on Percy Road, Romford, RM7. It is the 512th largest postcode in the RM7 area.
It contains 35 houses and 19 unknown and the most common type of property is a early-century house built between 1912 and 1935.
The average house value is £393,387. Sales values have decreased in the last 12 months by 1.5% and Rental values have increased by 4.8%.
Property sale values range from £355,678 for a freehold house, with 2 bedrooms split across 635 square feet of gross internal area and has a garden to £527,465 for a freehold house, with 4 bedrooms split across 1,324 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM7 8RA is £524/ft2.
Properties achieve a rental yield of between 5.1% and 5.5%, and rental values range from £1,613 to £2,256 per month.
The last sale was 24 Apr 2023 for £430,500 and since then the market in the area has decreased by -2.2%. The postcode has had a total of 4 sales since 1995.
RM7 8RA has seen 4 sales in the last three years and no sales in the last twelve months.
RM7 8RA is the 512th largest and the 291st most expensive postcode out of the 544 postcodes in the RM7 area.
RM7 8RA is the 512th largest and the 291st most expensive postcode out of the 544 postcodes in the RM7 area.
RM7 8RA is a residential postcode located on Percy Road, Romford, RM7 with 35 houses and 19 unknown within its bounds.
The most common property type in RM7 8RA 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 8RA is Romford station which is 2.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around RM7 8RA, 43.3% of property is privately owned with a mortgage and 36.7% is privately owned outright.
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 8RA, 19.2% of residents are recorded as possessing school level qualifications and 31.3% 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 8RA, 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 8RA, 1.0% 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 8RA, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.