7 Market PlaceHouse Prices / London, Havering, Market Place, RM1 3AB
Key Building Insights
7 Market Place is a residential building situated on Market Place, Romford, RM1 with 4 addresses.
It ranks as the 290th largest and 388th most expensive of the 459 buildings in the RM1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 4 properties: 4 flats.
- Flats
Key Building Insights
7 Market Place is a residential building situated on Market Place, Romford, RM1 with 4 addresses.
It ranks as the 290th largest and 388th most expensive of the 459 buildings in the RM1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 4 properties: 4 flats.
- Flats
House Pricesin 7 Market Place
Sale prices range from £292,813 for 2 bedroom leasehold flats (785 ft2) to £318,665 for 3 bedroom leasehold flats (904 ft2) .
Monthly rental prices range from £1,594 pcm for 2 bed flats to £1,779 pcm for 3 bed flats.
The gross rental yield is between 6.5% and 6.7%.
The average value per square foot is £360.
Sales Market Trendsin 7 Market Place
The current average value in the building is £308,672.
The 7 Market Place Sales Market has increased by 6.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.6% | £308,672 |
| May 2025 | 0.6% | £306,852 |
| May 2024 | 0.6% | £305,084 |
| May 2023 | -2.2% | £303,263 |
| May 2022 | 6.1% | £310,109 |
| May 2021 | -0.1% | £292,309 |
| May 2020 | 1.4% | £292,565 |
| May 2019 | -2.4% | £288,620 |
| May 2018 | -1.7% | £295,658 |
| May 2017 | 4.1% | £300,690 |
| May 2016 | 18.9% | £288,738 |
| May 2015 | 12.6% | £242,748 |
| May 2014 | 8.4% | £215,674 |
| May 2013 | 2.9% | £198,984 |
| May 2012 | 0.2% | £193,375 |
| May 2011 | -0.5% | £192,936 |
| May 2010 | 5.3% | £193,891 |
| May 2009 | -13.8% | £184,110 |
| May 2008 | 0.4% | £213,665 |
| May 2007 | 0% | £212,883 |
Rental Market Trendsin 7 Market Place
The current average rental value in the building is £1,714.
The 7 Market Place Rental Market has increased by 34.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.1% | £1,714pcm |
| May 2025 | 0.3% | £1,678pcm |
| May 2024 | 12.2% | £1,673pcm |
| May 2023 | 13.2% | £1,491pcm |
| May 2022 | 3.4% | £1,317pcm |
| May 2021 | 0.9% | £1,274pcm |
| May 2020 | 2.6% | £1,262pcm |
| May 2019 | -0.2% | £1,230pcm |
| May 2018 | -3.5% | £1,232pcm |
| May 2017 | 0.2% | £1,276pcm |
| May 2016 | 7.2% | £1,274pcm |
| May 2015 | 8.9% | £1,189pcm |
| May 2014 | 2.1% | £1,092pcm |
| May 2013 | 4.7% | £1,069pcm |
| May 2012 | 2.6% | £1,021pcm |
| May 2011 | 4.8% | £995pcm |
| May 2010 | 2.6% | £950pcm |
| May 2009 | -5.3% | £925pcm |
| May 2008 | 7.1% | £978pcm |
| May 2007 | 0% | £913pcm |
Explore Propertiesin 7, Market Place, Romford, RM1 3AB
Property Typesin 7 Market Place
- 4 mid-century flats built between 1936 and 1979
- mid-century flat (4)
Energy Efficiencyof properties in 7 Market Place
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The dominant rating is B.
- A (0)
- E (0)
- B (2)
- F (0)
- C (2)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Saleson Market Place, Romford, RM1
- Sold Nov 2024£1,940,000 | 3 Bed FlatLofthaus Apartments 47A, Market Place3, Lofthaus Apartments 47A, Market Place, Romford, RM1 3AB
- Sold Jun 2019£400,000 | 2 Bed FlatLofthaus Apartments 47A, Market Place1, Lofthaus Apartments 47A, Market Place, Romford, RM1 3AB
- Sold May 2022£400,000 | 3 Bed FlatLofthaus Apartments 47A, Market Place2, Lofthaus Apartments 47A, Market Place, Romford, RM1 3AB
Schools Nearby
- 500mSt Edward's Church of England Voluntary Aided Primary School
- 600mThe Mawney Foundation School
- 600mSt Peter's Catholic Primary School
- 1.2kmMarshalls Park Academy
- 1.4kmThe Frances Bardsley Academy for Girls
- 2.0kmSt Edward's Church of England Academy
More reading links
Public Transport Nearby
The closest station to 7, Market Place, Romford, RM1 3AB is Romford station, which is 600 metres away.
- 600mRomford
- 1.7kmGidea Park