RM8 1TP is a residential postcode located on Scottes Lane, Dagenham, RM8. It is the 45th largest postcode in the RM8 area.
It contains 7 houses and 1 unknown and the most common type of property is a period house built between 1800 and 1911.
The average house value is £359,029. Sales values have increased in the last 12 months by 1.0% and Rental values have increased by 5.8%.
Property sale values range from £353,470 for a freehold house, with 2 bedrooms split across 495 square feet of gross internal area and has a garden to £477,596 for a freehold house, with 3 bedrooms split across 861 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM8 1TP is £702/ft2.
Properties achieve a rental yield of between 4.5% and 5.8%, and rental values range from £1,371 to £1,810 per month.
The last sale was 30 Jan 2024 for £343,500 and since then the market in the area has increased by 1.6%. The postcode has had a total of 4 sales since 1995.
RM8 1TP has seen 3 sales in the last three years and 1 sale in the last twelve months.
RM8 1TP is the 45th largest and the 274th most expensive postcode out of the 581 postcodes in the RM8 area.
RM8 1TP is the 45th largest and the 274th most expensive postcode out of the 581 postcodes in the RM8 area.
RM8 1TP is a residential postcode located on Scottes Lane, Dagenham, RM8 with 7 houses and 1 unknown within its bounds.
The most common property type in RM8 1TP is a period house built between 1800 and 1911.
The homes with certificates are generally period in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to RM8 1TP is Chadwell Heath station which is 200 metres 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 1TP, 46.8% of property is socially rented and 22.7% is privately owned with a mortgage.
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 1TP, 26.8% of residents are recorded as possessing school level qualifications and 24.4% 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 1TP, the average age was 33.4 and the most common age was 7.
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 1TP, 0.3% 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 1TP, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.