EC2M 1RQ is a residential postcode situated on Wormwood Street, London, EC2 with 12 addresses.
It ranks as the 423rd largest and 75th most expensive of the 538 postcodes in the EC2M area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 12 properties: 4 houses and 8 flats.
EC2M 1RQ is a residential postcode situated on Wormwood Street, London, EC2 with 12 addresses.
It ranks as the 423rd largest and 75th most expensive of the 538 postcodes in the EC2M area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 12 properties: 4 houses and 8 flats.
Sale prices range from £536,649 for 1 bedroom leasehold flats with a balcony (581 ft2) to £1,611,014 for 3 bedroom freehold houses with a garden (1,401 ft2) .
Monthly rental prices range from £2,446 pcm for 1 bed flats to £6,006 pcm for 3 bed houses.
The gross rental yield is between 4.5% and 5.6%.
The average value per square foot is £918.
The last sale in EC2M 1RQ sold for £720,000 on 16th August 2023. Since then prices are down an average of 7.9%.
The current average value in the postcode is £934,763.
The EC2M 1RQ Sales Market has decreased by 10.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -4.2% | £934,763 |
| April 2025 | -3% | £976,162 |
| April 2024 | -2.1% | £1,005,948 |
| April 2023 | 0.8% | £1,027,180 |
| April 2022 | 3.9% | £1,018,730 |
| April 2021 | -5.3% | £980,751 |
| April 2020 | 3.7% | £1,035,975 |
| April 2019 | -1.4% | £999,484 |
| April 2018 | 0.6% | £1,013,907 |
| April 2017 | -3.6% | £1,007,798 |
| April 2016 | -0.2% | £1,045,165 |
| April 2015 | 2.9% | £1,047,608 |
| April 2014 | 22.2% | £1,018,290 |
| April 2013 | 15.1% | £833,510 |
| April 2012 | 7.2% | £724,459 |
| April 2011 | 11.4% | £675,623 |
| April 2010 | 7.2% | £606,540 |
| April 2009 | -11.3% | £565,976 |
| April 2008 | 14.8% | £638,139 |
| April 2007 | 0% | £556,094 |
The current average rental value in the postcode is £3,852.
The EC2M 1RQ Rental Market has increased by 26.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.7% | £3,852pcm |
| April 2025 | -0.5% | £3,677pcm |
| April 2024 | 3.5% | £3,697pcm |
| April 2023 | 13.9% | £3,572pcm |
| April 2022 | 22.3% | £3,136pcm |
| April 2021 | -13.9% | £2,563pcm |
| April 2020 | -2.7% | £2,976pcm |
| April 2019 | 1.3% | £3,057pcm |
| April 2018 | 1.5% | £3,019pcm |
| April 2017 | -2.2% | £2,976pcm |
| April 2016 | 1.2% | £3,043pcm |
| April 2015 | 3.5% | £3,008pcm |
| April 2014 | -0.4% | £2,906pcm |
| April 2013 | -0.6% | £2,917pcm |
| April 2012 | 2.3% | £2,935pcm |
| April 2011 | 13.5% | £2,870pcm |
| April 2010 | 6.4% | £2,529pcm |
| April 2009 | -13.2% | £2,377pcm |
| April 2008 | 10.7% | £2,738pcm |
| April 2007 | 0% | £2,474pcm |
The last sale was on 16th August 2023 for £720,000 and since then the market in the area has decreased by 7.9%. The postcode has had a total of 20 sales since 1995.
EC2M 1RQ has seen 1 sale in the last three years and no sales in the last twelve months.
EC2M 1RQ is the 423rd largest and the 75th most expensive postcode out of the 538 postcodes in the EC2M area.
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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 EC2M 1RQ, 84.2% of property is privately rented and 7.6% is privately owned outright.
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 EC2M 1RQ, 19.4% of residents are recorded as possessing school level qualifications and 70.4% 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 EC2M 1RQ, the average age was 40.7 and the most common age was 27.
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 EC2M 1RQ, 1.5% 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 EC2M 1RQ, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.