RM1 3JR is a residential postcode situated on Chandlers Way, Romford, RM1 with 18 addresses.
It ranks as the 179th largest and 54th most expensive of the 440 postcodes in the RM1 area. The dominant property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 18 properties: 18 flats.
RM1 3JR is a residential postcode situated on Chandlers Way, Romford, RM1 with 18 addresses.
It ranks as the 179th largest and 54th most expensive of the 440 postcodes in the RM1 area. The dominant property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 18 properties: 18 flats.
Sale prices range from £167,726 for 1 bedroom leasehold flats (290 ft2) to £250,574 for 2 bedroom leasehold flats (588 ft2) .
Monthly rental prices range from £943 pcm for 1 bed flats to £1,422 pcm for 2 bed flats.
The gross rental yield is between 6.7% and 6.9%.
The average value per square foot is £449.
The last sale in RM1 3JR sold for £180,000 on 28th October 2024. Since then prices are up an average of 3.4%.
The current average value in the postcode is £233,195.
The RM1 3JR Sales Market has increased by 13.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.5% | £233,195 |
| April 2025 | 1.3% | £227,614 |
| April 2024 | 0.6% | £224,602 |
| April 2023 | -0.9% | £223,182 |
| April 2022 | 5.6% | £225,153 |
| April 2021 | 1.7% | £213,121 |
| April 2020 | 1.2% | £209,540 |
| April 2019 | -3.5% | £207,148 |
| April 2018 | -1.3% | £214,587 |
| April 2017 | 5.5% | £217,344 |
| April 2016 | 19.9% | £206,002 |
| April 2015 | 12.8% | £171,799 |
| April 2014 | 8.3% | £152,251 |
| April 2013 | 2.5% | £140,533 |
| April 2012 | -1.9% | £137,146 |
| April 2011 | 0.1% | £139,760 |
| April 2010 | 3.1% | £139,567 |
| April 2009 | -15% | £135,385 |
| April 2008 | 4.8% | £159,357 |
| April 2007 | 0% | £152,079 |
The current average rental value in the postcode is £1,329.
The RM1 3JR Rental Market has increased by 37.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.2% | £1,329pcm |
| April 2025 | 1.8% | £1,287pcm |
| April 2024 | 13.6% | £1,265pcm |
| April 2023 | 12.6% | £1,114pcm |
| April 2022 | 2.5% | £989pcm |
| April 2021 | 1.7% | £965pcm |
| April 2020 | 2.5% | £948pcm |
| April 2019 | -1.8% | £925pcm |
| April 2018 | -3.4% | £942pcm |
| April 2017 | 1% | £975pcm |
| April 2016 | 8.6% | £965pcm |
| April 2015 | 8.9% | £889pcm |
| April 2014 | 2.2% | £817pcm |
| April 2013 | 4.1% | £799pcm |
| April 2012 | 1% | £768pcm |
| April 2011 | 4.9% | £760pcm |
| April 2010 | -0.3% | £725pcm |
| April 2009 | -4.9% | £727pcm |
| April 2008 | 9.6% | £764pcm |
| April 2007 | 0% | £697pcm |
The last sale was on 28th October 2024 for £180,000 and since then the market in the area has increased by 3.4%. The postcode has had a total of 40 sales since 1995.
RM1 3JR has seen 2 sales in the last three years and no sales in the last twelve months.
RM1 3JR is the 179th largest and the 54th most expensive postcode out of the 440 postcodes in the RM1 area.
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