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Postcode Overview
of RM7 9LR
RM7 9LR is a residential postcode located on Spring Gardens, Romford, RM7. It is the 165th largest postcode in the RM7 area.
It contains 10 residential addresses consisting of 6 houses, 1 flat and 3 unknown and the most common type of property is a early-century house built between 1912 and 1935.
Average property prices
in RM7 9LR
The average house value is £352,658. Sales values have decreased in the last 12 months by 0.1% and Rental values have increased by 5.4%.
Property sale values range from £214,198 for a leasehold flat, with 2 bedrooms split across 495 square feet of gross internal area and has no outside space to £469,876 for a freehold house, with 4 bedrooms split across 1,141 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM7 9LR is £498/ft2.
Properties achieve a rental yield of between 5.7% and 6.8%, and rental values range from £1,217 to £2,248 per month.
Recent sales
within RM7 9LR
The last sale was 22 Nov 2019 for £375,000 and since then the market in the area has increased by 15.4%. The postcode has had a total of 4 sales since 1995.
RM7 9LR has seen no sales in the last three years and no sales in the last twelve months.
Nearby postcodes
to RM7 9LR
RM7 9LR is the 165th largest and the 209th most expensive postcode out of the 544 postcodes in the RM7 area.
Nearby postcodes
to RM7 9LR
RM7 9LR is the 165th largest and the 209th most expensive postcode out of the 544 postcodes in the RM7 area.
Property types
in RM7 9LR
RM7 9LR is a residential postcode located on Spring Gardens, Romford, RM7 with 6 houses, 1 flat and 3 unknown within its bounds.
The most common property type in RM7 9LR is a early-century house built between 1912 and 1935.
Energy Efficiency
of properties within RM7 9LR
The homes with certificates are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being E.
Schools nearby
to RM7 9LR
Public transport nearby
to RM7 9LR
The closest station to RM7 9LR is Romford station which is 1.3 kilometres away.
