South Street - RM1 1RX
Key Postcode Insights
RM1 1RX is a residential postcode situated on South Street, Romford, RM1 with 60 addresses.
It ranks as the 424th largest and 91st 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 60 properties: 2 houses and 58 flats.
- Ave. Sale Price
- £232,647
- 10 Year change
- up 11.5%
- Ave. Rental Price
- £1,289pcm
- 10 Year change
- up 39.5%
- Ave. £ per ft²
- £479/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Key Postcode Insights
RM1 1RX is a residential postcode situated on South Street, Romford, RM1 with 60 addresses.
It ranks as the 424th largest and 91st 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 60 properties: 2 houses and 58 flats.
- Ave. Sale Price
- £232,647
- 10 Year change
- up 11.5%
- Ave. Rental Price
- £1,289pcm
- 10 Year change
- up 39.5%
- Ave. £ per ft²
- £479/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Explore Propertiesin RM1 1RX
- Equitable House
Modern Building | 43 Units
- Phoenix House
Mid-century Building | 5 Units
- 80-86 South Street
Mid-century Building | 10 Units
- 82 South Street
Unknown
- 94 South Street
Unknown
Sales Market Trends
The last sale in RM1 1RX sold for £2,300,000 on 5th September 2019. Since then prices are down an average of 0.0%.
The current average value in the postcode is £232,647.
The RM1 1RX Sales Market has increased by 11.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.3% | £232,647 |
| June 2025 | 1.5% | £233,269 |
| June 2024 | 0.7% | £229,715 |
| June 2023 | -1.8% | £228,149 |
| June 2022 | 6.3% | £232,256 |
| June 2021 | 3.1% | £218,514 |
| June 2020 | 1.1% | £212,019 |
| June 2019 | -1.8% | £209,811 |
| June 2018 | -0.7% | £213,759 |
| June 2017 | 3.2% | £215,363 |
| June 2016 | 19.2% | £208,680 |
| June 2015 | 11.7% | £175,060 |
| June 2014 | 10.5% | £156,688 |
| June 2013 | 3% | £141,828 |
| June 2012 | -1% | £137,636 |
| June 2011 | 0.5% | £139,018 |
| June 2010 | 7% | £138,305 |
| June 2009 | -13.3% | £129,306 |
| June 2008 | 0.5% | £149,197 |
| June 2007 | 0% | £148,520 |
Rental Market Trends
The current average rental value in the postcode is £1,289.
The RM1 1RX Rental Market has increased by 39.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £1,289pcm |
| June 2025 | 0.5% | £1,258pcm |
| June 2024 | 11.2% | £1,252pcm |
| June 2023 | 14.2% | £1,126pcm |
| June 2022 | 4.6% | £986pcm |
| June 2021 | 2.2% | £943pcm |
| June 2020 | 2.4% | £923pcm |
| June 2019 | 0.2% | £901pcm |
| June 2018 | -2.7% | £900pcm |
| June 2017 | 0.1% | £925pcm |
| June 2016 | 6.7% | £924pcm |
| June 2015 | 9.1% | £866pcm |
| June 2014 | 3.1% | £794pcm |
| June 2013 | 4.9% | £770pcm |
| June 2012 | 0.7% | £734pcm |
| June 2011 | 4.9% | £729pcm |
| June 2010 | 4.5% | £694pcm |
| June 2009 | -5.5% | £664pcm |
| June 2008 | 8.4% | £703pcm |
| June 2007 | 0% | £649pcm |
Sales History
The last sale was on 5th September 2019 for £2,300,000 and since then the market in the area has remained stable. The postcode has had a total of 2 sales since 1995.
RM1 1RX has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
RM1 1RX is the 424th largest and the 91st most expensive postcode out of the 442 postcodes in the RM1 area.
- RM1 1NX, South Street, Romford, RM1RM1 1NX14 Addresses|65 m away
- RM1 1SS, South Street, Romford, RM1RM1 1SS1 Addresses|73 m away
- RM1 3JR, Chandlers Way, Romford, RM1RM1 3JR18 Addresses|93 m away
- RM1 3JZ, Chandlers Way, Romford, RM1RM1 3JZ8 Addresses|98 m away
- RM1 3LD, Western Road, Romford, RM1RM1 3LD28 Addresses|98 m away
Property Types
- 43 modern flats built after 1980
- 15 mid-century flats built between 1936 and 1979
- 2 other addresses of unknown type
- modern flat (43)
- mid-century flat (15)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 57 properties.
- The most common rating is B.
- A (4)
- E (5)
- B (35)
- F (3)
- C (10)
- G (0)
- D (0)
- No EPC (3)
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
- Concordia Academy600 m away
- The Mawney Foundation School700 m away
- St Edward's Church of England Voluntary Aided Primary School900 m away
- The Frances Bardsley Academy for Girls1.2 km away
- Marshalls Park Academy1.6 km away
- St Edward's Church of England Academy2.0 km away
More reading links
Public Transport Nearby
The closest station to RM1 1RX is Romford station, which is 100 metres away.
- Romford|100 m away
- Gidea Park|1.7 km away