RM8 1LU is a residential postcode located on Gray Avenue, Dagenham, RM8. It is the 394th largest postcode in the RM8 area.
It contains 23 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 £407,745. Sales values have decreased in the last 12 months by 0.5% and Rental values have increased by 4.6%.
Property sale values range from £388,678 for a freehold house, with 3 bedrooms split across 946 square feet of gross internal area and has a garden to £452,938 for a freehold house, with 4 bedrooms split across 1,163 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM8 1LU is £431/ft2.
Properties achieve a rental yield of between 4.8% and 5.4%, and rental values range from £1,645 to £1,836 per month.
The last sale was 24 Aug 2023 for £440,000 and since then the market in the area has decreased by -0.8%. The postcode has had a total of 4 sales since 1995.
RM8 1LU has seen 3 sales in the last three years and no sales in the last twelve months.
RM8 1LU is the 394th largest and the 526th most expensive postcode out of the 581 postcodes in the RM8 area.
RM8 1LU is the 394th largest and the 526th most expensive postcode out of the 581 postcodes in the RM8 area.
RM8 1LU is a residential postcode located on Gray Avenue, Dagenham, RM8 with 23 houses and 13 unknown within its bounds.
The most common property type in RM8 1LU 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 RM8 1LU is Chadwell Heath station which is 1.3 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 RM8 1LU, 44.8% of property is privately owned with a mortgage and 30.4% is privately rented.
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 RM8 1LU, 31.2% of residents are recorded as possessing school level qualifications and 32.2% 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 RM8 1LU, the average age was 32.9 and the most common age was 37.
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 RM8 1LU, 0.7% 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 RM8 1LU, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.