Princes Road - RM1 2SP
Key Postcode Insights
RM1 2SP is a residential postcode situated on Princes Road, Romford, RM1 with 63 addresses.
It ranks as the 429th largest and 372nd most expensive of the 442 postcodes in the RM1 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 63 properties: 43 houses and 20 flats.
- Ave. Sale Price
- £486,157
- 10 Year change
- up 17.7%
- Ave. Rental Price
- £2,360pcm
- 10 Year change
- up 45.6%
- Ave. £ per ft²
- £413/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Key Postcode Insights
RM1 2SP is a residential postcode situated on Princes Road, Romford, RM1 with 63 addresses.
It ranks as the 429th largest and 372nd most expensive of the 442 postcodes in the RM1 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 63 properties: 43 houses and 20 flats.
- Ave. Sale Price
- £486,157
- 10 Year change
- up 17.7%
- Ave. Rental Price
- £2,360pcm
- 10 Year change
- up 45.6%
- Ave. £ per ft²
- £413/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Explore Propertiesin RM1 2SP
- 25 Princes Road
House
- 27 Princes Road
4 Bed Early-century House
- 29 Princes Road
House
- 31 Princes Road
4 Bed Early-century House
- 33 Princes Road
House
Sales Market Trends
The last sale in RM1 2SP sold for £620,000 on 15th August 2025. Since then prices are down an average of 0.3%.
The current average value in the postcode is £486,157.
The RM1 2SP Sales Market has increased by 17.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.1% | £486,157 |
| June 2025 | 1.9% | £485,879 |
| June 2024 | 1% | £477,000 |
| June 2023 | -1.9% | £472,338 |
| June 2022 | 7.2% | £481,613 |
| June 2021 | 3.5% | £449,261 |
| June 2020 | 0.9% | £433,879 |
| June 2019 | -1% | £430,080 |
| June 2018 | 0.5% | £434,399 |
| June 2017 | 4.6% | £432,153 |
| June 2016 | 16.6% | £413,090 |
| June 2015 | 10.4% | £354,428 |
| June 2014 | 9.9% | £320,930 |
| June 2013 | 3.4% | £291,926 |
| June 2012 | -1.9% | £282,191 |
| June 2011 | 2.1% | £287,625 |
| June 2010 | 9.8% | £281,757 |
| June 2009 | -10.9% | £256,644 |
| June 2008 | 0.6% | £288,171 |
| June 2007 | 0% | £286,504 |
Rental Market Trends
The current average rental value in the postcode is £2,360.
The RM1 2SP Rental Market has increased by 45.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £2,360pcm |
| June 2025 | 1.9% | £2,307pcm |
| June 2024 | 10% | £2,264pcm |
| June 2023 | 12.8% | £2,057pcm |
| June 2022 | 6.6% | £1,824pcm |
| June 2021 | 3.1% | £1,712pcm |
| June 2020 | 3% | £1,661pcm |
| June 2019 | 0% | £1,612pcm |
| June 2018 | -0.9% | £1,612pcm |
| June 2017 | 0.4% | £1,627pcm |
| June 2016 | 6.2% | £1,621pcm |
| June 2015 | 7.9% | £1,527pcm |
| June 2014 | 4.5% | £1,414pcm |
| June 2013 | 3.2% | £1,354pcm |
| June 2012 | 2.2% | £1,312pcm |
| June 2011 | 5.1% | £1,283pcm |
| June 2010 | 5.7% | £1,221pcm |
| June 2009 | -3.4% | £1,154pcm |
| June 2008 | 6.7% | £1,195pcm |
| June 2007 | 0% | £1,120pcm |
Sales History
The last sale was on 15th August 2025 for £620,000 and since then the market in the area has decreased by 0.3%. The postcode has had a total of 91 sales since 1995.
RM1 2SP has seen 4 sales in the last three years and 1 sale in the last twelve months.
- Sold Aug 2025£620,000 | 4 Bed House56, Princes Road, Romford, RM1 2SP56, Princes Road, Romford, RM1 2SP
- Sold Jan 2025£585,000 | 4 Bed House78, Princes Road, Romford, RM1 2SP78, Princes Road, Romford, RM1 2SP
- Sold Dec 2023£577,500 | 4 Bed House59, Princes Road, Romford, RM1 2SP59, Princes Road, Romford, RM1 2SP
- Sold Oct 2023£225,000 | 2 Bed Flat87, Princes Road, Romford, RM1 2SP87, Princes Road, Romford, RM1 2SP
- Sold May 2022£580,000 | 4 Bed House52, Princes Road, Romford, RM1 2SP52, Princes Road, Romford, RM1 2SP
Nearby Postcodes
RM1 2SP is the 429th largest and the 372nd most expensive postcode out of the 442 postcodes in the RM1 area.
- RM1 2SL, Brentwood Road, Romford, RM1RM1 2SL8 Addresses|95 m away
- RM1 2EW, Wyses Mews, Romford, RM1RM1 2EW7 Addresses|118 m away
- RM1 2RD, Manor Road, Romford, RM1RM1 2RD54 Addresses|120 m away
- RM1 2QL, Carlisle Road, Romford, RM1RM1 2QL43 Addresses|130 m away
- RM1 2RT, Brentwood Road, Romford, RM1RM1 2RT30 Addresses|130 m away
Property Types
- 2 mid-century houses built between 1936 and 1979
- 16 mid-century flats built between 1936 and 1979
- 2 houses of an unknown age
- 24 early-century houses built between 1912 and 1935
- 19 other addresses of unknown type
- mid-century house (2)
- mid-century flat (16)
- house (2)
- early-century house (24)
- Unknown (19)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 42 properties.
- The most common rating is E.
- A (0)
- E (15)
- B (0)
- F (1)
- C (13)
- G (0)
- D (13)
- No EPC (21)
Top 3 Most Expensive Sales
- Sold Oct 2016£660,000 | 4 Bed House35, Princes Road, Romford, RM1 2SP35, Princes Road, Romford, RM1 2SP
- Sold Aug 2025£620,000 | 4 Bed House56, Princes Road, Romford, RM1 2SP56, Princes Road, Romford, RM1 2SP
- Sold Jan 2025£585,000 | 4 Bed House78, Princes Road, Romford, RM1 2SP78, Princes Road, Romford, RM1 2SP
Schools Nearby
- Hylands Primary School300 m away
- Squirrels Heath Primary School700 m away
- Gidea Park Primary School1.0 km away
- The Frances Bardsley Academy for Girls300 m away
- The Royal Liberty School1.6 km away
- Hornchurch High School1.8 km away
More reading links
Public Transport Nearby
The closest station to RM1 2SP is Gidea Park station, which is 900 metres away.
- Romford|800 m away
- Gidea Park|1.1 km away
