RM1 2EQ is a residential postcode situated on Victoria Road, Romford, RM1 with 24 addresses.
It ranks as the 239th largest and 79th most expensive of the 442 postcodes in the RM1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 24 properties: 24 flats.
RM1 2EQ is a residential postcode situated on Victoria Road, Romford, RM1 with 24 addresses.
It ranks as the 239th largest and 79th most expensive of the 442 postcodes in the RM1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 24 properties: 24 flats.
Sale prices range from £225,427 for 1 bedroom leasehold flats with a balcony (387 ft2) to £366,353 for 3 bedroom leasehold flats with a balcony (882 ft2) .
Monthly rental prices range from £1,147 pcm for 1 bed flats to £1,891 pcm for 3 bed flats.
The gross rental yield is between 6.1% and 6.2%.
The average value per square foot is £546.
The last sale in RM1 2EQ sold for £133,000 on 14th February 2025. Since then prices are up an average of 1.8%.
The current average value in the postcode is £260,492.
The RM1 2EQ Sales Market has increased by 9.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.7% | £260,492 |
| May 2025 | 0.3% | £258,801 |
| May 2024 | -0.3% | £258,088 |
| May 2023 | -1.6% | £258,744 |
| May 2022 | 5.9% | £262,861 |
| May 2021 | 1% | £248,234 |
| May 2020 | 1.2% | £245,810 |
| May 2019 | -2.5% | £242,990 |
| May 2018 | -1.1% | £249,201 |
| May 2017 | 5.5% | £251,942 |
| May 2016 | 17.5% | £238,709 |
| May 2015 | 11.5% | £203,204 |
| May 2014 | 8.7% | £182,186 |
| May 2013 | 2.8% | £167,572 |
| May 2012 | -0.5% | £162,970 |
| May 2011 | 0.3% | £163,852 |
| May 2010 | 5.6% | £163,290 |
| May 2009 | -14% | £154,604 |
| May 2008 | 1.3% | £179,834 |
| May 2007 | 0% | £177,504 |
The current average rental value in the postcode is £1,336.
The RM1 2EQ Rental Market has increased by 34.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.3% | £1,336pcm |
| May 2025 | 0.3% | £1,306pcm |
| May 2024 | 10.9% | £1,303pcm |
| May 2023 | 13.1% | £1,175pcm |
| May 2022 | 3.6% | £1,039pcm |
| May 2021 | 1.1% | £1,003pcm |
| May 2020 | 2.7% | £992pcm |
| May 2019 | -0.8% | £966pcm |
| May 2018 | -2.9% | £974pcm |
| May 2017 | 1.2% | £1,003pcm |
| May 2016 | 6.3% | £990pcm |
| May 2015 | 8.5% | £932pcm |
| May 2014 | 2.4% | £859pcm |
| May 2013 | 4.2% | £839pcm |
| May 2012 | 2.4% | £805pcm |
| May 2011 | 4.7% | £787pcm |
| May 2010 | 2.2% | £751pcm |
| May 2009 | -5.1% | £735pcm |
| May 2008 | 7.1% | £775pcm |
| May 2007 | 0% | £723pcm |
The last sale was on 14th February 2025 for £133,000 and since then the market in the area has increased by 1.8%. The postcode has had a total of 29 sales since 1995.
RM1 2EQ has seen 4 sales in the last three years and no sales in the last twelve months.
RM1 2EQ is the 239th largest and the 79th most expensive postcode out of the 442 postcodes in the RM1 area.
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