RM1 3GN is a residential postcode situated on Slaney Road, Romford, RM1 with 28 addresses.
It ranks as the 285th largest and 72nd most expensive of the 440 postcodes in the RM1 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 28 properties: 28 flats.
RM1 3GN is a residential postcode situated on Slaney Road, Romford, RM1 with 28 addresses.
It ranks as the 285th largest and 72nd most expensive of the 440 postcodes in the RM1 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 28 properties: 28 flats.
Sale prices range from £225,797 for 2 bedroom leasehold flats with a balcony (484 ft2) to £307,044 for 3 bedroom leasehold flats with a balcony (861 ft2) .
Monthly rental prices range from £1,295 pcm for 2 bed flats to £1,760 pcm for 3 bed flats.
The gross rental yield is between 6.8% and 6.9%.
The average value per square foot is £419.
The last sale in RM1 3GN sold for £252,500 on 6th April 2023. Since then prices are up an average of 1.4%.
The current average value in the postcode is £249,803.
The RM1 3GN Sales Market has increased by 8.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.5% | £249,803 |
| April 2025 | 0.1% | £246,096 |
| April 2024 | -0.7% | £245,769 |
| April 2023 | -1.2% | £247,527 |
| April 2022 | 5.9% | £250,577 |
| April 2021 | -0.3% | £236,694 |
| April 2020 | 1.1% | £237,383 |
| April 2019 | -3.3% | £234,841 |
| April 2018 | -1.2% | £242,769 |
| April 2017 | 6.2% | £245,708 |
| April 2016 | 17.8% | £231,271 |
| April 2015 | 12.7% | £196,292 |
| April 2014 | 8.1% | £174,202 |
| April 2013 | 2.9% | £161,194 |
| April 2012 | 0.2% | £156,653 |
| April 2011 | -2% | £156,294 |
| April 2010 | 4.6% | £159,444 |
| April 2009 | -14.5% | £152,446 |
| April 2008 | 3.7% | £178,299 |
| April 2007 | 0% | £171,947 |
The current average rental value in the postcode is £1,423.
The RM1 3GN Rental Market has increased by 34.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.3% | £1,423pcm |
| April 2025 | 0.7% | £1,392pcm |
| April 2024 | 12% | £1,382pcm |
| April 2023 | 12.8% | £1,235pcm |
| April 2022 | 2.7% | £1,094pcm |
| April 2021 | 0.9% | £1,065pcm |
| April 2020 | 2.1% | £1,056pcm |
| April 2019 | -1.1% | £1,034pcm |
| April 2018 | -3.2% | £1,045pcm |
| April 2017 | 1.8% | £1,079pcm |
| April 2016 | 6.6% | £1,060pcm |
| April 2015 | 8.5% | £995pcm |
| April 2014 | 2.2% | £917pcm |
| April 2013 | 4.5% | £897pcm |
| April 2012 | 3.4% | £859pcm |
| April 2011 | 3.1% | £830pcm |
| April 2010 | 1.7% | £805pcm |
| April 2009 | -5% | £792pcm |
| April 2008 | 8.9% | £834pcm |
| April 2007 | 0% | £765pcm |
The last sale was on 6th April 2023 for £252,500 and since then the market in the area has increased by 1.4%. The postcode has had a total of 22 sales since 1995.
RM1 3GN has seen 1 sale in the last three years and no sales in the last twelve months.
RM1 3GN is the 285th largest and the 72nd most expensive postcode out of the 440 postcodes in the RM1 area.
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