RM8 3RA is a residential postcode located on Valence Avenue, Dagenham, RM8. It is the 493rd largest postcode in the RM8 area.
It contains 46 residential addresses consisting of 27 houses, 2 flats and 17 unknown and the most common type of property is a early-century house built between 1912 and 1935.
The average house value is £392,802. Sales values have increased in the last 12 months by 0.2% and Rental values have increased by 5.0%.
Property sale values range from £198,830 for a leasehold flat, with 1 bedrooms split across 377 square feet of gross internal area and has no outside space to £421,915 for a freehold house, with 3 bedrooms split across 969 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM8 3RA is £459/ft2.
Properties achieve a rental yield of between 5.4% and 6.5%, and rental values range from £1,078 to £1,908 per month.
The last sale was 22 Mar 2023 for £355,000 and since then the market in the area has increased by 0.2%. The postcode has had a total of 4 sales since 1995.
RM8 3RA has seen 2 sales in the last three years and no sales in the last twelve months.
RM8 3RA is the 493rd largest and the 481st most expensive postcode out of the 581 postcodes in the RM8 area.
RM8 3RA is the 493rd largest and the 481st most expensive postcode out of the 581 postcodes in the RM8 area.
RM8 3RA is a residential postcode located on Valence Avenue, Dagenham, RM8 with 27 houses, 2 flats and 17 unknown within its bounds.
The most common property type in RM8 3RA 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 C.
The closest station to RM8 3RA is Chadwell Heath station which is 900 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 3RA, 30.9% of property is socially rented and 29.5% 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 3RA, 27.1% of residents are recorded as possessing school level qualifications and 31.0% 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 3RA, 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 3RA, 1.0% 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 3RA, 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.