Western Road - RM1 3LP
Key Postcode Insights
RM1 3LP is a residential postcode situated on Western Road, Romford, RM1 with 41 addresses.
It ranks as the 377th largest and 66th 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 41 properties: 8 houses and 33 flats.
- Ave. Sale Price
- £289,992
- 10 Year change
- up 11.0%
- Ave. Rental Price
- £1,546pcm
- 10 Year change
- up 41.4%
- Ave. £ per ft²
- £443/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
RM1 3LP is a residential postcode situated on Western Road, Romford, RM1 with 41 addresses.
It ranks as the 377th largest and 66th 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 41 properties: 8 houses and 33 flats.
- Ave. Sale Price
- £289,992
- 10 Year change
- up 11.0%
- Ave. Rental Price
- £1,546pcm
- 10 Year change
- up 41.4%
- Ave. £ per ft²
- £443/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertiesin RM1 3LP
- York House
Modern Building | 18 Units
- 44 Western Road
Building  |  2 Flats
- 46 Western Road
Building  |  3 Flats
- 58 Western Road
Building  |  2 Flats
- 66 Western Road
4 Bed Period House
Sales Market Trends
The last sale in RM1 3LP sold for £280,000 on 8th March 2023. Since then prices are up an average of 1.9%.
The current average value in the postcode is £289,992.
The RM1 3LP Sales Market has increased by 11.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.2% | £289,992 |
| June 2025 | 1.8% | £290,710 |
| June 2024 | 0.5% | £285,432 |
| June 2023 | -2.1% | £284,037 |
| June 2022 | 6.9% | £290,013 |
| June 2021 | 1.8% | £271,284 |
| June 2020 | 1.1% | £266,403 |
| June 2019 | -2% | £263,427 |
| June 2018 | -0.8% | £268,772 |
| June 2017 | 3.7% | £270,850 |
| June 2016 | 18.7% | £261,285 |
| June 2015 | 12.6% | £220,058 |
| June 2014 | 10.1% | £195,399 |
| June 2013 | 3.3% | £177,506 |
| June 2012 | -0.5% | £171,895 |
| June 2011 | -0.2% | £172,823 |
| June 2010 | 6.5% | £173,199 |
| June 2009 | -13.1% | £162,594 |
| June 2008 | -0.3% | £187,105 |
| June 2007 | 0% | £187,632 |
Rental Market Trends
The current average rental value in the postcode is £1,546.
The RM1 3LP Rental Market has increased by 41.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £1,546pcm |
| June 2025 | 0.8% | £1,510pcm |
| June 2024 | 10.8% | £1,498pcm |
| June 2023 | 14.4% | £1,353pcm |
| June 2022 | 5.2% | £1,183pcm |
| June 2021 | 2.5% | £1,124pcm |
| June 2020 | 2.4% | £1,097pcm |
| June 2019 | 0.2% | £1,072pcm |
| June 2018 | -2.6% | £1,069pcm |
| June 2017 | 0.4% | £1,098pcm |
| June 2016 | 6.7% | £1,093pcm |
| June 2015 | 9.5% | £1,024pcm |
| June 2014 | 3.2% | £935pcm |
| June 2013 | 4.9% | £906pcm |
| June 2012 | 1.8% | £864pcm |
| June 2011 | 4.6% | £849pcm |
| June 2010 | 4.3% | £812pcm |
| June 2009 | -6% | £779pcm |
| June 2008 | 8.3% | £828pcm |
| June 2007 | 0% | £765pcm |
Sales History
The last sale was on 8th March 2023 for £280,000 and since then the market in the area has increased by 1.9%. The postcode has had a total of 42 sales since 1995.
RM1 3LP has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Mar 2023£280,000 | 2 Bed FlatFlat 17, York House 50, Western Road, Romford, RM1 3LPFlat 17, York House 50, Western Road, Romford, RM1 3LP
- Sold Nov 2022£625,000 | 4 Bed House66, Western Road, Romford, RM1 3LP66, Western Road, Romford, RM1 3LP
- Sold May 2022£201,000 | 1 Bed FlatFlat 13, York House 50, Western Road, Romford, RM1 3LPFlat 13, York House 50, Western Road, Romford, RM1 3LP
- Sold May 2022£279,000 | 2 Bed FlatFlat 10, York House 50, Western Road, Romford, RM1 3LPFlat 10, York House 50, Western Road, Romford, RM1 3LP
- Sold Mar 2021£347,000 | 3 Bed House78, Western Road, Romford, RM1 3LP78, Western Road, Romford, RM1 3LP
Nearby Postcodes
RM1 3LP is the 377th largest and the 66th most expensive postcode out of the 442 postcodes in the RM1 area.
- RM1 3FF, Western Road, Romford, RM1RM1 3FF5 Addresses|44 m away
- RM1 3LS, Western Road, Romford, RM1RM1 3LS2 Addresses|63 m away
- RM1 3FG, Lita Mews, Romford, RM1RM1 3FG9 Addresses|77 m away
- RM1 3LW, Western Road, Romford, RM1RM1 3LW11 Addresses|84 m away
- RM1 3LN, Admiral Lodge, Romford, RM1RM1 3LN18 Addresses|91 m away
Property Types
- 6 period houses built between 1800 and 1911
- 10 period flats built between 1800 and 1911
- 21 modern flats built after 1980
- 2 mid-century flats built between 1936 and 1979
- 2 other addresses of unknown type
- period house (6)
- period flat (10)
- modern flat (21)
- mid-century flat (2)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 32 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (5)
- G (0)
- D (25)
- No EPC (9)
Top 3 Most Expensive Sales
- Sold Nov 2022£625,000 | 4 Bed House66, Western Road, Romford, RM1 3LP66, Western Road, Romford, RM1 3LP
- Sold Jul 2020£400,000 | 2 Bed FlatFlat 2, Stamford Court 52, Western Road, Romford, RM1 3FFFlat 2, Stamford Court 52, Western Road, Romford, RM1 3FF
- Sold Feb 2021£378,000 | 3 Bed House80, Western Road, Romford, RM1 3LP80, Western Road, Romford, RM1 3LP
Schools Nearby
- Gidea Park Primary School700 m away
- St Edward's Church of England Voluntary Aided Primary School800 m away
- St Peter's Catholic Primary School900 m away
- The Frances Bardsley Academy for Girls1.0 km away
- Marshalls Park Academy1.3 km away
- The Royal Liberty School1.7 km away
More reading links
Public Transport Nearby
The closest station to RM1 3LP is Romford station, which is 500 metres away.
- Romford|500 m away
- Gidea Park|1.3 km away
