South Street - RM1 1NL
Key Postcode Insights
RM1 1NL is a residential postcode situated on South Street, Romford, RM1 with 12 addresses.
It ranks as the 116th largest and 54th most expensive of the 442 postcodes in the RM1 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 12 properties: 1 house and 11 flats.
- Ave. Sale Price
- £253,120
- 10 Year change
- up 11.2%
- Ave. Rental Price
- £1,467pcm
- 10 Year change
- up 41.8%
- Ave. £ per ft²
- £394/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Key Postcode Insights
RM1 1NL is a residential postcode situated on South Street, Romford, RM1 with 12 addresses.
It ranks as the 116th largest and 54th most expensive of the 442 postcodes in the RM1 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 12 properties: 1 house and 11 flats.
- Ave. Sale Price
- £253,120
- 10 Year change
- up 11.2%
- Ave. Rental Price
- £1,467pcm
- 10 Year change
- up 41.8%
- Ave. £ per ft²
- £394/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Explore Propertiesin RM1 1NL
- Steelway Apartments
Modern Building | 6 Units
- 49 South Street
Building | 3 Flats
- 51 South Street
Building | 2 Flats
- 69A-71A South Street
Unknown
Sales Market Trends
The last sale in RM1 1NL sold for £225,000 on 16th September 2022. Since then prices are down an average of 1.0%.
The current average value in the postcode is £253,120.
The RM1 1NL Sales Market has increased by 11.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0% | £253,120 |
| June 2025 | 1.8% | £253,017 |
| June 2024 | 1% | £248,545 |
| June 2023 | -1.8% | £246,160 |
| June 2022 | 6.5% | £250,728 |
| June 2021 | 1.9% | £235,372 |
| June 2020 | 1.2% | £231,057 |
| June 2019 | -2% | £228,424 |
| June 2018 | -1% | £233,142 |
| June 2017 | 3.5% | £235,602 |
| June 2016 | 19.3% | £227,567 |
| June 2015 | 12.7% | £190,768 |
| June 2014 | 10.1% | £169,324 |
| June 2013 | 3.5% | £153,748 |
| June 2012 | -1.8% | £148,554 |
| June 2011 | 0% | £151,318 |
| June 2010 | 6.7% | £151,250 |
| June 2009 | -12.9% | £141,763 |
| June 2008 | 0.2% | £162,800 |
| June 2007 | 0% | £162,415 |
Rental Market Trends
The current average rental value in the postcode is £1,467.
The RM1 1NL Rental Market has increased by 41.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £1,467pcm |
| June 2025 | 0.8% | £1,429pcm |
| June 2024 | 11.3% | £1,418pcm |
| June 2023 | 14.6% | £1,274pcm |
| June 2022 | 4.8% | £1,111pcm |
| June 2021 | 2.5% | £1,060pcm |
| June 2020 | 2.4% | £1,034pcm |
| June 2019 | 0.2% | £1,010pcm |
| June 2018 | -2.9% | £1,008pcm |
| June 2017 | 0.3% | £1,038pcm |
| June 2016 | 7.2% | £1,035pcm |
| June 2015 | 9.5% | £965pcm |
| June 2014 | 3.3% | £881pcm |
| June 2013 | 5.1% | £853pcm |
| June 2012 | 0.4% | £811pcm |
| June 2011 | 4.8% | £808pcm |
| June 2010 | 4.5% | £771pcm |
| June 2009 | -5.8% | £738pcm |
| June 2008 | 8.9% | £783pcm |
| June 2007 | 0% | £719pcm |
Sales History
The last sale was on 16th September 2022 for £225,000 and since then the market in the area has decreased by 1.0%. The postcode has had a total of 6 sales since 1995.
RM1 1NL has seen no sales in the last three years and no sales in the last twelve months.
- Sold Sep 2022£225,000 | 2 Bed Flat6, Steelway Apartments 61A , South Street, Romford, RM1 1NL6, Steelway Apartments 61A , South Street, Romford, RM1 1NL
- Sold Mar 2022£215,000 | 2 Bed Flat2, Steelway Apartments 61A , South Street, Romford, RM1 1NL2, Steelway Apartments 61A , South Street, Romford, RM1 1NL
- Sold Dec 2018£249,000 | 2 Bed Flat3, Steelway Apartments 61A , South Street, Romford, RM1 1NL3, Steelway Apartments 61A , South Street, Romford, RM1 1NL
- Sold Dec 2018£209,000 | 2 Bed Flat6, Steelway Apartments 61A , South Street, Romford, RM1 1NL6, Steelway Apartments 61A , South Street, Romford, RM1 1NL
- Sold Oct 2018£255,000 | 2 Bed Flat4, Steelway Apartments 61A , South Street, Romford, RM1 1NL4, Steelway Apartments 61A , South Street, Romford, RM1 1NL
Nearby Postcodes
RM1 1NL is the 116th largest and the 54th most expensive postcode out of the 442 postcodes in the RM1 area.
- RM1 3LD, Western Road, Romford, RM1RM1 3LD28 Addresses|49 m away
- RM1 3RJ, Stewards Walk, Romford, RM1RM1 3RJ6 Addresses|51 m away
- RM1 1RB, South Street, Romford, RM1RM1 1RB44 Addresses|60 m away
- RM1 3JZ, Chandlers Way, Romford, RM1RM1 3JZ8 Addresses|101 m away
- RM1 1BQ, Exchange Street, Romford, RM1RM1 1BQ1 Addresses|106 m away
Property Types
- 11 modern flats built after 1980
- 1 other address of unknown type
- modern flat (11)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (6)
- G (0)
- D (3)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Jul 2022£2,950,000 | 2 Bed Flat66, South Street, Romford, RM1 1RB66, South Street, Romford, RM1 1RB
- Sold Jun 2018£2,792,466 | 2 Bed Flat66, South Street, Romford, RM1 1RB66, South Street, Romford, RM1 1RB
- Sold Sep 2019£2,300,000 | 2 Bed FlatEquitable House 88-100, South Street, Romford, RM1 1RXEquitable House 88-100, South Street, Romford, RM1 1RX
Schools Nearby
- The Mawney Foundation School600 m away
- Concordia Academy600 m away
- St Edward's Church of England Voluntary Aided Primary School800 m away
- The Frances Bardsley Academy for Girls1.2 km away
- Marshalls Park Academy1.5 km away
- St Edward's Church of England Academy2.0 km away
More reading links
Public Transport Nearby
The closest station to RM1 1NL is Romford station, which is 300 metres away.
- Romford|300 m away
- Gidea Park|1.7 km away
