South Street - RM1 1RB
Key Postcode Insights
RM1 1RB is a residential postcode situated on South Street, Romford, RM1 with 44 addresses.
It ranks as the 393rd largest and 90th 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 44 properties: 44 flats.
- Ave. Sale Price
- £258,856
- 10 Year change
- up 5.5%
- Ave. Rental Price
- £1,461pcm
- 10 Year change
- up 34.5%
- Ave. £ per ft²
- £408/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Key Postcode Insights
RM1 1RB is a residential postcode situated on South Street, Romford, RM1 with 44 addresses.
It ranks as the 393rd largest and 90th 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 44 properties: 44 flats.
- Ave. Sale Price
- £258,856
- 10 Year change
- up 5.5%
- Ave. Rental Price
- £1,461pcm
- 10 Year change
- up 34.5%
- Ave. £ per ft²
- £408/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Explore Propertiesin RM1 1RB
- 40A South Street
2 Bed Early-century Flat
- 42 South Street
Building | 2 Flats
- 52 South Street
Building | 4 Flats
- 54 South Street
Building | 3 Flats
- 56 South Street
Building | 4 Flats
Sales Market Trends
The last sale in RM1 1RB sold for £150,000 on 7th July 2023. Since then prices are up an average of 38.9%.
The current average value in the postcode is £258,856.
The RM1 1RB Sales Market has increased by 5.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.8% | £258,856 |
| June 2025 | 1.2% | £260,970 |
| June 2024 | 0.6% | £257,978 |
| June 2023 | -2.6% | £256,559 |
| June 2022 | 5.8% | £263,410 |
| June 2021 | 0.7% | £248,916 |
| June 2020 | 0.9% | £247,135 |
| June 2019 | -2.2% | £244,931 |
| June 2018 | -1.1% | £250,523 |
| June 2017 | 3.2% | £253,274 |
| June 2016 | 18.3% | £245,338 |
| June 2015 | 12.4% | £207,356 |
| June 2014 | 9.3% | £184,547 |
| June 2013 | 3.1% | £168,788 |
| June 2012 | -0.4% | £163,742 |
| June 2011 | -0.3% | £164,330 |
| June 2010 | 5.7% | £164,868 |
| June 2009 | -13.5% | £155,993 |
| June 2008 | -0.2% | £180,345 |
| June 2007 | 0% | £180,759 |
Rental Market Trends
The current average rental value in the postcode is £1,461.
The RM1 1RB Rental Market has increased by 34.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.8% | £1,461pcm |
| June 2025 | 0.1% | £1,436pcm |
| June 2024 | 10.8% | £1,434pcm |
| June 2023 | 13.7% | £1,294pcm |
| June 2022 | 4.1% | £1,138pcm |
| June 2021 | 1.4% | £1,092pcm |
| June 2020 | 2.1% | £1,078pcm |
| June 2019 | 0% | £1,055pcm |
| June 2018 | -2.9% | £1,055pcm |
| June 2017 | 0% | £1,087pcm |
| June 2016 | 6.3% | £1,087pcm |
| June 2015 | 9.2% | £1,022pcm |
| June 2014 | 2.5% | £936pcm |
| June 2013 | 4.7% | £912pcm |
| June 2012 | 1.9% | £871pcm |
| June 2011 | 4.5% | £855pcm |
| June 2010 | 3.5% | £818pcm |
| June 2009 | -6.4% | £791pcm |
| June 2008 | 8.4% | £845pcm |
| June 2007 | 0% | £780pcm |
Sales History
The last sale was on 7th July 2023 for £150,000 and since then the market in the area has increased by 38.9%. The postcode has had a total of 13 sales since 1995.
RM1 1RB has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jul 2023£150,000 | 2 Bed FlatFlat 4, 60-62, South Street, Romford, RM1 1RBFlat 4, 60-62, South Street, Romford, RM1 1RB
- Sold Jul 2022£2,950,000 | 2 Bed Flat66, South Street, Romford, RM1 1RB66, South Street, Romford, RM1 1RB
- Sold Sep 2018£770,000 | 2 Bed Flat40A, South Street, Romford, RM1 1RB40A, South Street, Romford, RM1 1RB
- Sold Aug 2018£752,000 | 2 Bed Flat52, South Street, Romford, RM1 1RB52, South Street, Romford, RM1 1RB
- Sold Jun 2018£2,792,466 | 2 Bed Flat66, South Street, Romford, RM1 1RB66, South Street, Romford, RM1 1RB
Nearby Postcodes
RM1 1RB is the 393rd largest and the 90th most expensive postcode out of the 442 postcodes in the RM1 area.
- RM1 1BQ, Exchange Street, Romford, RM1RM1 1BQ1 Addresses|47 m away
- RM1 1NL, South Street, Romford, RM1RM1 1NL12 Addresses|60 m away
- RM1 3LD, Western Road, Romford, RM1RM1 3LD28 Addresses|91 m away
- RM1 1RX, South Street, Romford, RM1RM1 1RX60 Addresses|104 m away
- RM1 3RJ, Stewards Walk, Romford, RM1RM1 3RJ6 Addresses|110 m away
Property Types
- 13 period flats built between 1800 and 1911
- 23 modern flats built after 1980
- 6 early-century flats built between 1912 and 1935
- 2 other addresses of unknown type
- period flat (13)
- modern flat (23)
- early-century flat (6)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 39 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (22)
- F (1)
- C (8)
- G (0)
- D (8)
- No EPC (5)
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 Girls1.3 km away
- Marshalls Park Academy1.5 km away
- St Edward's Church of England Academy1.9 km away
More reading links
Public Transport Nearby
The closest station to RM1 1RB is Romford station, which is 300 metres away.
- Romford|300 m away
- Gidea Park|1.8 km away
