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Postcode Overview
of RM8 1TE
RM8 1TE is a residential postcode located on Faulkner Close, Dagenham, RM8. It is the 465th largest postcode in the RM8 area.
It contains 44 residential addresses consisting of 10 houses, 29 flats and 5 unknown and the most common type of property is a modern flat built after 1980.
Average property prices
in RM8 1TE
The average house value is £244,097. Sales values have increased in the last 12 months by 0.8% and Rental values have increased by 5.4%.
Property sale values range from £194,339 for a leasehold flat, with 1 bedrooms split across 377 square feet of gross internal area and has no outside space to £342,829 for a freehold house, with 2 bedrooms split across 646 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM8 1TE is £467/ft2.
Properties achieve a rental yield of between 5.4% and 6.2%, and rental values range from £985 to £1,537 per month.
Recent sales
within RM8 1TE
The last sale was 11 May 2023 for £233,000 and since then the market in the area has increased by 0.5%. The postcode has had a total of 4 sales since 1995.
RM8 1TE has seen 4 sales in the last three years and no sales in the last twelve months.
Nearby postcodes
to RM8 1TE
RM8 1TE is the 465th largest and the 54th most expensive postcode out of the 581 postcodes in the RM8 area.
Nearby postcodes
to RM8 1TE
RM8 1TE is the 465th largest and the 54th most expensive postcode out of the 581 postcodes in the RM8 area.
Property types
in RM8 1TE
RM8 1TE is a residential postcode located on Faulkner Close, Dagenham, RM8 with 10 houses, 29 flats and 5 unknown within its bounds.
The most common property type in RM8 1TE is a modern flat built after 1980.
Energy Efficiency
of properties within RM8 1TE
The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being C.
Schools nearby
to RM8 1TE
Public transport nearby
to RM8 1TE
The closest station to RM8 1TE is Chadwell Heath station which is 100 metres away.
