- UK /
- RM1
The RM1 Postcode: Residential Housing Data, Amenities, Demographics and Local Information.
Learn about the RM1 postcode district in Romford. Residential house prices, housing market data, demographics and local insights. This information is intended to help homeowners, property investors, landlords and market researchers better understand the Romford RM1 postcode area.
by property xyz
The data on this page has been curated by the property xyz research team, who have been studying the UK’s residential property market and private rented sector for well over a decade.
Housing Market Data for RM1
Data on the housing market and private rented sector in this area. We look at house prices, rents, rental yield and market activity. Information is updated regularly to show the most recent figures.
Last updated 09/03/2024.
Total Properties for Sale
133
Average Sales Per Month
16
Average Asking Price
£397,911
Average Price per Sq. Ft.
£454
Average Gross Rental Yield (Long Let)
4.8%
Sales Turnover per Month
12.0%
Number of Days on the Market For Sale
254
Months of For Sale Inventory Available
8.3
Buyer Demand Rating
Balanced market
Total Properties for Rent
72
Average Weekly Rent (Long Let)
£366
Total Properties Let Agreed per Month
50
Number of Days on the Market To Let
44
Rental Property Turnover per Month
69%
Months of To Let Inventory Available
1.4
Rental Demand Rating
Landlord's market
House Price Growth in Postcode RM1
House price data are the average prices that houses sold for in the area, in a particular month, in the given year.
Date | Average Price | Difference |
---|---|---|
Mar 2019 | £337,188 |
N/A
|
Mar 2020 | £345,776 |
2.55
|
Mar 2021 | £397,860 |
15.06
|
Mar 2022 | £341,452 |
-14.18
|
Mar 2023 | £396,740 |
16.19
|
Mar 2024 | £392,015 |
-1.19
|