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Postcode Overview
of RM8 3LU
RM8 3LU is a residential postcode located on Valence Circus, Dagenham, RM8. It is the 363rd largest postcode in the RM8 area.
It contains 24 houses and 9 unknown and the most common type of property is a mid-century house built between 1936 and 1979.
Average property prices
in RM8 3LU
The average house value is £371,834. Sales values have increased in the last 12 months by 0.3% and Rental values have increased by 5.1%.
Property sale values range from £313,868 for a freehold house, with 2 bedrooms split across 592 square feet of gross internal area and has a garden to £391,239 for a freehold house, with 3 bedrooms split across 915 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM8 3LU is £455/ft2.
Properties achieve a rental yield of between 5.8% and 6.1%, and rental values range from £1,597 to £1,892 per month.
Recent sales
within RM8 3LU
The last sale was 18 Dec 2023 for £357,000 and since then the market in the area has increased by 1%. The postcode has had a total of 4 sales since 1995.
RM8 3LU has seen 2 sales in the last three years and 1 sale in the last twelve months.
Nearby postcodes
to RM8 3LU
RM8 3LU is the 363rd largest and the 351st most expensive postcode out of the 581 postcodes in the RM8 area.
Nearby postcodes
to RM8 3LU
RM8 3LU is the 363rd largest and the 351st most expensive postcode out of the 581 postcodes in the RM8 area.
Property types
in RM8 3LU
RM8 3LU is a residential postcode located on Valence Circus, Dagenham, RM8 with 24 houses and 9 unknown within its bounds.
The most common property type in RM8 3LU is a mid-century house built between 1936 and 1979.
Energy Efficiency
of properties within RM8 3LU
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being D.
Schools nearby
to RM8 3LU
Public transport nearby
to RM8 3LU
The closest station to RM8 3LU is Becontree station which is 1.5 kilometres away.
