Junction Road - RM1 3QE
Key Postcode Insights
RM1 3QE is a residential postcode situated on Junction Road, Romford, RM1 with 5 addresses.
It ranks as the 39th largest and 124th 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 5 properties: 5 flats.
- Ave. Sale Price
- £273,445
- 10 Year change
- up 4.9%
- Ave. Rental Price
- £1,437pcm
- 10 Year change
- up 33.6%
- Ave. £ per ft²
- £491/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Key Postcode Insights
RM1 3QE is a residential postcode situated on Junction Road, Romford, RM1 with 5 addresses.
It ranks as the 39th largest and 124th 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 5 properties: 5 flats.
- Ave. Sale Price
- £273,445
- 10 Year change
- up 4.9%
- Ave. Rental Price
- £1,437pcm
- 10 Year change
- up 33.6%
- Ave. £ per ft²
- £491/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Sales Market Trends
The last sale in RM1 3QE sold for £175,000 on 28th January 2009. Since then prices are up an average of 58.7%.
The current average value in the postcode is £273,445.
The RM1 3QE Sales Market has increased by 4.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.3% | £273,445 |
| June 2025 | 1% | £274,276 |
| June 2024 | 1% | £271,647 |
| June 2023 | -2.6% | £269,085 |
| June 2022 | 5.4% | £276,288 |
| June 2021 | 0.5% | £262,169 |
| June 2020 | 0.8% | £260,793 |
| June 2019 | -2.3% | £258,685 |
| June 2018 | -1.5% | £264,680 |
| June 2017 | 3% | £268,703 |
| June 2016 | 19% | £260,786 |
| June 2015 | 12.7% | £219,167 |
| June 2014 | 9.5% | £194,429 |
| June 2013 | 3.2% | £177,615 |
| June 2012 | -1% | £172,179 |
| June 2011 | -0.4% | £173,907 |
| June 2010 | 5.3% | £174,585 |
| June 2009 | -13.8% | £165,789 |
| June 2008 | 0.3% | £192,328 |
| June 2007 | 0% | £191,767 |
Rental Market Trends
The current average rental value in the postcode is £1,437.
The RM1 3QE Rental Market has increased by 33.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £1,437pcm |
| June 2025 | -0.1% | £1,405pcm |
| June 2024 | 11.3% | £1,406pcm |
| June 2023 | 13.7% | £1,263pcm |
| June 2022 | 3.7% | £1,111pcm |
| June 2021 | 1.2% | £1,071pcm |
| June 2020 | 2% | £1,059pcm |
| June 2019 | 0% | £1,038pcm |
| June 2018 | -3.3% | £1,038pcm |
| June 2017 | -0.2% | £1,073pcm |
| June 2016 | 6.9% | £1,075pcm |
| June 2015 | 9.6% | £1,006pcm |
| June 2014 | 2.7% | £918pcm |
| June 2013 | 4.8% | £894pcm |
| June 2012 | 1.3% | £853pcm |
| June 2011 | 4.4% | £842pcm |
| June 2010 | 3.1% | £807pcm |
| June 2009 | -6.7% | £783pcm |
| June 2008 | 8.9% | £839pcm |
| June 2007 | 0% | £770pcm |
Sales History
The last sale was on 28th January 2009 for £175,000 and since then the market in the area has increased by 58.7%. The postcode has had a total of 4 sales since 1995.
RM1 3QE has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jan 2009£175,000 | 2 Bed FlatFlat 3, Tall Tree Court 78, Junction Road, Romford, RM1 3QEFlat 3, Tall Tree Court 78, Junction Road, Romford, RM1 3QE
- Sold Oct 2008£175,000 | 2 Bed FlatFlat 1, Tall Tree Court 78, Junction Road, Romford, RM1 3QEFlat 1, Tall Tree Court 78, Junction Road, Romford, RM1 3QE
- Sold Oct 2008£175,000 | 2 Bed FlatFlat 2, Tall Tree Court 78, Junction Road, Romford, RM1 3QEFlat 2, Tall Tree Court 78, Junction Road, Romford, RM1 3QE
- Sold Oct 2008£175,000 | 2 Bed FlatFlat 4, Tall Tree Court 78, Junction Road, Romford, RM1 3QEFlat 4, Tall Tree Court 78, Junction Road, Romford, RM1 3QE
Nearby Postcodes
RM1 3QE is the 39th largest and the 124th most expensive postcode out of the 442 postcodes in the RM1 area.
- RM1 3QW, Junction Road, Romford, RM1RM1 3QW4 Addresses|32 m away
- RM1 3AX, Junction Road, Romford, RM1RM1 3AX41 Addresses|43 m away
- RM1 2FE, Apsley Mews, Romford, RM1RM1 2FE3 Addresses|83 m away
- RM1 3PB, Eastern Road, Romford, RM1RM1 3PB42 Addresses|117 m away
- RM1 2LX, Victoria Road, Romford, RM1RM1 2LX36 Addresses|124 m away
Property Types
- 4 modern flats built after 1980
- 1 other address of unknown type
- modern flat (4)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (4)
- G (0)
- D (0)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Nov 2022£850,000 | 5 Bed House15, Junction Road, Romford, RM1 3QS15, Junction Road, Romford, RM1 3QS
- Sold Dec 2019£825,000 | 5 Bed House49, Junction Road, Romford, RM1 3QR49, Junction Road, Romford, RM1 3QR
- Sold Mar 2021£601,000 | 4 Bed House61, Junction Road, Romford, RM1 3QR61, Junction Road, Romford, RM1 3QR
Schools Nearby
- Gidea Park Primary School800 m away
- Hylands Primary School800 m away
- St Edward's Church of England Voluntary Aided Primary School1.0 km away
- The Frances Bardsley Academy for Girls800 m away
- Marshalls Park Academy1.5 km away
- The Royal Liberty School1.6 km away
More reading links
Public Transport Nearby
The closest station to RM1 3QE is Romford station, which is 600 metres away.
- Romford|600 m away
- Gidea Park|1.2 km away
