Park Drive - RM1 4LJ
Key Postcode Insights
RM1 4LJ is a residential postcode situated on Park Drive, Romford, RM1 with 20 addresses.
It ranks as the 204th largest and 422nd 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 20 properties: 13 houses and 7 other properties.
- Ave. Sale Price
- £724,060
- 10 Year change
- up 21.4%
- Ave. Rental Price
- £3,200pcm
- 10 Year change
- up 54.4%
- Ave. £ per ft²
- £489/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
RM1 4LJ is a residential postcode situated on Park Drive, Romford, RM1 with 20 addresses.
It ranks as the 204th largest and 422nd 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 20 properties: 13 houses and 7 other properties.
- Ave. Sale Price
- £724,060
- 10 Year change
- up 21.4%
- Ave. Rental Price
- £3,200pcm
- 10 Year change
- up 54.4%
- Ave. £ per ft²
- £489/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Properties in RM1 4LJ
- 2 Park Drive
House
- 4 Park Drive
4 Bed Mid-century House
- 5 Park Drive
House
- 6 Park Drive
4 Bed Period House
- 7 Park Drive
4 Bed Period House
Sales Market Trends
The last sale in RM1 4LJ sold for £625,000 on 14th April 2025. Since then prices are up an average of 0.4%.
The current average value in the postcode is £724,060.
The RM1 4LJ Sales Market has increased by 21.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.4% | £724,060 |
| June 2025 | 2.7% | £726,921 |
| June 2024 | 0.3% | £707,721 |
| June 2023 | -1.1% | £705,841 |
| June 2022 | 9% | £713,626 |
| June 2021 | 3.9% | £654,777 |
| June 2020 | 1.6% | £630,079 |
| June 2019 | -0.7% | £620,417 |
| June 2018 | 0.3% | £624,695 |
| June 2017 | 4.5% | £622,997 |
| June 2016 | 18% | £596,199 |
| June 2015 | 11.9% | £505,137 |
| June 2014 | 10.7% | £451,407 |
| June 2013 | 3.6% | £407,958 |
| June 2012 | -0.9% | £393,789 |
| June 2011 | 1.2% | £397,566 |
| June 2010 | 10.3% | £392,981 |
| June 2009 | -10.6% | £356,410 |
| June 2008 | -0.5% | £398,749 |
| June 2007 | 0% | £400,631 |
Rental Market Trends
The current average rental value in the postcode is £3,200.
The RM1 4LJ Rental Market has increased by 54.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.2% | £3,200pcm |
| June 2025 | 1.8% | £3,131pcm |
| June 2024 | 10.4% | £3,076pcm |
| June 2023 | 15.5% | £2,787pcm |
| June 2022 | 7.1% | £2,412pcm |
| June 2021 | 4.4% | £2,251pcm |
| June 2020 | 2.7% | £2,156pcm |
| June 2019 | 1.6% | £2,098pcm |
| June 2018 | -1.5% | £2,066pcm |
| June 2017 | 1.2% | £2,097pcm |
| June 2016 | 6.1% | £2,073pcm |
| June 2015 | 8.7% | £1,954pcm |
| June 2014 | 3.9% | £1,798pcm |
| June 2013 | 5.3% | £1,731pcm |
| June 2012 | 1.3% | £1,645pcm |
| June 2011 | 6.2% | £1,624pcm |
| June 2010 | 7.9% | £1,530pcm |
| June 2009 | -3.3% | £1,417pcm |
| June 2008 | 8.1% | £1,466pcm |
| June 2007 | 0% | £1,356pcm |
Sales History
The last recorded sale was on 14th April 2025 for £625,000 and since then the market in the area has increased by 0.4%.
RM1 4LJ has had 3 sales since 1995, with 2 in the last three years and none in the last twelve months.
- Sold Apr 2025£625,000 | 4 Bed House7, Park Drive, Romford, RM1 4LJ7, Park Drive, Romford, RM1 4LJ
- Sold Jan 2025£735,000 | 4 Bed House14, Park Drive, Romford, RM1 4LJ14, Park Drive, Romford, RM1 4LJ
- Sold Sep 2022£850,000 | 5 Bed House13, Park Drive, Romford, RM1 4LJ13, Park Drive, Romford, RM1 4LJ
Nearby Postcodes
RM1 4LJ is the 204th largest and the 422nd most expensive postcode out of the 442 postcodes in the RM1 area.
- RM1 4LD, The Avenue, Romford, RM1RM1 4LD25 Addresses|88 m away
- RM1 1DR, North Street, Romford, RM1RM1 1DR19 Addresses|98 m away
- RM1 1ED, North Street, Romford, RM1RM1 1ED22 Addresses|140 m away
- RM1 4LP, Dorset Avenue, Romford, RM1RM1 4LP38 Addresses|146 m away
- RM1 1EF, Riverside Close, Romford, RM1RM1 1EF9 Addresses|153 m away
Property Types
- 10 period houses built between 1800 and 1911
- 1 mid-century house built between 1936 and 1979
- 2 houses of an unknown age
- 7 other addresses of unknown type
- period house (10)
- mid-century house (1)
- house (2)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 11 properties.
- The most common rating is E.
- A (0)
- E (5)
- B (0)
- F (1)
- C (2)
- G (0)
- D (3)
- No EPC (9)
Top 3 Most Expensive Sales
- Sold May 2022£870,000 | 5 Bed House28, Park Drive, Romford, RM1 4LH28, Park Drive, Romford, RM1 4LH
- Sold Oct 2017£850,000 | 4 Bed House35, Park Drive, Romford, RM1 4LH35, Park Drive, Romford, RM1 4LH
- Sold Sep 2022£850,000 | 5 Bed House13, Park Drive, Romford, RM1 4LJ13, Park Drive, Romford, RM1 4LJ
Schools Nearby
- St Peter's Catholic Primary School200 m away
- St Edward's Church of England Voluntary Aided Primary School200 m away
- The Mawney Foundation School600 m away
- Marshalls Park Academy900 m away
- The Frances Bardsley Academy for Girls1.9 km away
- St Edward's Church of England Academy2.0 km away
More reading links
Public Transport Nearby
The closest station to RM1 4LJ is Romford station, which is 1.1 kilometres away.
- Romford|1.1 km away
- Gidea Park|2.0 km away
