RM8 2TE is a residential postcode located on Lake Close, Dagenham, RM8. It is the 302nd largest postcode in the RM8 area.
It contains 18 houses and 10 unknown and the most common type of property is a modern house built after 1980.
The average house value is £368,449. Sales values have increased in the last 12 months by 1.0% and Rental values have increased by 5.9%.
Property sale values range from £354,731 for a freehold house, with 2 bedrooms split across 646 square feet of gross internal area and has a garden to £432,096 for a freehold house, with 3 bedrooms split across 926 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM8 2TE is £533/ft2.
Properties achieve a rental yield of between 5.2% and 5.9%, and rental values range from £1,646 to £1,897 per month.
The last sale was 16 Apr 2018 for £342,000 and since then the market in the area has increased by 19.6%. The postcode has had a total of 4 sales since 1995.
RM8 2TE has seen no sales in the last three years and no sales in the last twelve months.
RM8 2TE is the 302nd largest and the 327th most expensive postcode out of the 581 postcodes in the RM8 area.
RM8 2TE is the 302nd largest and the 327th most expensive postcode out of the 581 postcodes in the RM8 area.
RM8 2TE is a residential postcode located on Lake Close, Dagenham, RM8 with 18 houses and 10 unknown within its bounds.
The most common property type in RM8 2TE is a modern house built after 1980.
The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being No EPC.
The closest station to RM8 2TE 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 2TE, 33.1% of property is privately owned with a mortgage and 27.0% 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 2TE, 25.4% of residents are recorded as possessing school level qualifications and 29.7% 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 2TE, 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 2TE, 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 2TE, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.