Junction Road - RM1 3QR
Key Postcode Insights
RM1 3QR is a residential postcode situated on Junction Road, Romford, RM1 with 32 addresses.
It ranks as the 320th largest and 298th most expensive of the 442 postcodes in the RM1 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 32 properties: 20 houses and 12 flats.
- Ave. Sale Price
- £434,490
- 10 Year change
- up 12.7%
- Ave. Rental Price
- £2,172pcm
- 10 Year change
- up 44.7%
- Ave. £ per ft²
- £417/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Postcode Insights
RM1 3QR is a residential postcode situated on Junction Road, Romford, RM1 with 32 addresses.
It ranks as the 320th largest and 298th most expensive of the 442 postcodes in the RM1 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 32 properties: 20 houses and 12 flats.
- Ave. Sale Price
- £434,490
- 10 Year change
- up 12.7%
- Ave. Rental Price
- £2,172pcm
- 10 Year change
- up 44.7%
- Ave. £ per ft²
- £417/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Propertiesin RM1 3QR
- 34 Junction Road
Early-century Building | 5 Units
- 36 Junction Road
4 Bed Period House
- 37 Junction Road
House
- 38 Junction Road
House
- 39 Junction Road
4 Bed Period House
Sales Market Trends
The last sale in RM1 3QR sold for £435,000 on 4th March 2024. Since then prices are up an average of 2.2%.
The current average value in the postcode is £434,490.
The RM1 3QR Sales Market has increased by 12.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.4% | £434,490 |
| June 2025 | 2% | £436,142 |
| June 2024 | 1% | £427,567 |
| June 2023 | -1.8% | £423,182 |
| June 2022 | 6.9% | £430,912 |
| June 2021 | 1.8% | £402,914 |
| June 2020 | 1.3% | £395,749 |
| June 2019 | -1.8% | £390,554 |
| June 2018 | -0.6% | £397,891 |
| June 2017 | 3.9% | £400,437 |
| June 2016 | 18.5% | £385,507 |
| June 2015 | 12.3% | £325,220 |
| June 2014 | 9.8% | £289,614 |
| June 2013 | 3.6% | £263,675 |
| June 2012 | -2% | £254,402 |
| June 2011 | 0.2% | £259,534 |
| June 2010 | 7.4% | £258,969 |
| June 2009 | -12.1% | £241,175 |
| June 2008 | -0.3% | £274,359 |
| June 2007 | 0% | £275,106 |
Rental Market Trends
The current average rental value in the postcode is £2,172.
The RM1 3QR Rental Market has increased by 44.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.2% | £2,172pcm |
| June 2025 | 1% | £2,126pcm |
| June 2024 | 11.3% | £2,105pcm |
| June 2023 | 14.9% | £1,891pcm |
| June 2022 | 5.2% | £1,646pcm |
| June 2021 | 3% | £1,565pcm |
| June 2020 | 2.5% | £1,519pcm |
| June 2019 | 0.5% | £1,481pcm |
| June 2018 | -2.4% | £1,474pcm |
| June 2017 | 0.6% | £1,510pcm |
| June 2016 | 6.7% | £1,501pcm |
| June 2015 | 9% | £1,408pcm |
| June 2014 | 3.2% | £1,291pcm |
| June 2013 | 5.2% | £1,252pcm |
| June 2012 | 0.5% | £1,190pcm |
| June 2011 | 5.2% | £1,184pcm |
| June 2010 | 5.2% | £1,126pcm |
| June 2009 | -5.2% | £1,070pcm |
| June 2008 | 8.6% | £1,128pcm |
| June 2007 | 0% | £1,039pcm |
Sales History
The last sale was on 4th March 2024 for £435,000 and since then the market in the area has increased by 2.2%. The postcode has had a total of 32 sales since 1995.
RM1 3QR has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Mar 2024£435,000 | 3 Bed House71, Junction Road, Romford, RM1 3QR71, Junction Road, Romford, RM1 3QR
- Sold Feb 2023£540,000 | 4 Bed House42, Junction Road, Romford, RM1 3QR42, Junction Road, Romford, RM1 3QR
- Sold Oct 2021£370,000 | 4 Bed House67, Junction Road, Romford, RM1 3QR67, Junction Road, Romford, RM1 3QR
- Sold Mar 2021£601,000 | 4 Bed House61, Junction Road, Romford, RM1 3QR61, Junction Road, Romford, RM1 3QR
- Sold Feb 2021£380,000 | 3 Bed House69, Junction Road, Romford, RM1 3QR69, Junction Road, Romford, RM1 3QR
Nearby Postcodes
RM1 3QR is the 320th largest and the 298th most expensive postcode out of the 442 postcodes in the RM1 area.
- RM1 3QZ, Watermans, Romford, RM1RM1 3QZ39 Addresses|38 m away
- RM1 3FG, Lita Mews, Romford, RM1RM1 3FG9 Addresses|66 m away
- RM1 3QX, Ives Gardens, Romford, RM1RM1 3QX9 Addresses|117 m away
- RM1 3PB, Eastern Road, Romford, RM1RM1 3PB42 Addresses|128 m away
- RM1 3QY, Junction Road, Romford, RM1RM1 3QY24 Addresses|128 m away
Property Types
- 12 period houses built between 1800 and 1911
- 2 period flats built between 1800 and 1911
- 2 modern flats built after 1980
- 2 mid-century flats built between 1936 and 1979
- 1 flat of an unknown age
- 5 early-century flats built between 1912 and 1935
- 8 other addresses of unknown type
- period house (12)
- period flat (2)
- modern flat (2)
- mid-century flat (2)
- flat (1)
- early-century flat (5)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 23 properties.
- The most common rating is D.
- A (0)
- E (5)
- B (0)
- F (1)
- C (6)
- G (0)
- D (11)
- No EPC (9)
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 School700 m away
- St Edward's Church of England Voluntary Aided Primary School900 m away
- Hylands Primary School900 m away
- The Frances Bardsley Academy for Girls900 m away
- Marshalls Park Academy1.4 km away
- The Royal Liberty School1.6 km away
More reading links
Public Transport Nearby
The closest station to RM1 3QR is Romford station, which is 600 metres away.
- Romford|600 m away
- Gidea Park|1.2 km away
