Lower Bedfords Road - RM1 4LY
Key Postcode Insights
RM1 4LY is a residential postcode situated on Lower Bedfords Road, Romford, RM1 with 15 addresses.
It ranks as the 149th largest and 412th most expensive of the 442 postcodes in the RM1 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 15 properties: 15 houses.
- Ave. Sale Price
- £637,143
- 10 Year change
- up 28.2%
- Ave. Rental Price
- £3,144pcm
- 10 Year change
- up 49.9%
- Ave. £ per ft²
- £351/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Postcode Insights
RM1 4LY is a residential postcode situated on Lower Bedfords Road, Romford, RM1 with 15 addresses.
It ranks as the 149th largest and 412th most expensive of the 442 postcodes in the RM1 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 15 properties: 15 houses.
- Ave. Sale Price
- £637,143
- 10 Year change
- up 28.2%
- Ave. Rental Price
- £3,144pcm
- 10 Year change
- up 49.9%
- Ave. £ per ft²
- £351/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Propertiesin RM1 4LY
- 1 Lower Bedfords Road
Unknown
- 2 Lower Bedfords Road
3 Bed Mid-century House
- 3 Lower Bedfords Road
Unknown
- 4 Lower Bedfords Road
Unknown
- 5 Lower Bedfords Road
Unknown
Sales Market Trends
The last sale in RM1 4LY sold for £815,000 on 10th February 2023. Since then prices are up an average of 0.2%.
The current average value in the postcode is £637,143.
The RM1 4LY Sales Market has increased by 28.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.4% | £637,143 |
| June 2025 | 2.3% | £639,602 |
| June 2024 | -0.6% | £625,319 |
| June 2023 | -0.4% | £628,811 |
| June 2022 | 11.4% | £631,572 |
| June 2021 | 5.8% | £566,996 |
| June 2020 | 2.2% | £536,083 |
| June 2019 | 1.1% | £524,471 |
| June 2018 | 0.3% | £518,538 |
| June 2017 | 4.1% | £517,183 |
| June 2016 | 17% | £496,997 |
| June 2015 | 11.5% | £424,711 |
| June 2014 | 13% | £380,978 |
| June 2013 | 2.8% | £337,148 |
| June 2012 | 1.8% | £327,826 |
| June 2011 | 0.5% | £321,999 |
| June 2010 | 10.8% | £320,312 |
| June 2009 | -10.7% | £289,090 |
| June 2008 | 0.5% | £323,768 |
| June 2007 | 0% | £322,266 |
Rental Market Trends
The current average rental value in the postcode is £3,144.
The RM1 4LY Rental Market has increased by 49.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2% | £3,144pcm |
| June 2025 | 4.7% | £3,081pcm |
| June 2024 | 6.4% | £2,944pcm |
| June 2023 | 15.2% | £2,766pcm |
| June 2022 | 8% | £2,401pcm |
| June 2021 | 1.9% | £2,223pcm |
| June 2020 | 2.6% | £2,181pcm |
| June 2019 | 2.3% | £2,126pcm |
| June 2018 | 0.2% | £2,078pcm |
| June 2017 | -1.1% | £2,074pcm |
| June 2016 | 6% | £2,098pcm |
| June 2015 | 6.4% | £1,979pcm |
| June 2014 | 7.8% | £1,859pcm |
| June 2013 | 4.4% | £1,725pcm |
| June 2012 | 3.5% | £1,651pcm |
| June 2011 | 7.7% | £1,595pcm |
| June 2010 | 6.8% | £1,481pcm |
| June 2009 | -2.9% | £1,387pcm |
| June 2008 | 7.6% | £1,428pcm |
| June 2007 | 0% | £1,327pcm |
Sales History
The last sale was on 10th February 2023 for £815,000 and since then the market in the area has increased by 0.2%. The postcode has had a total of 13 sales since 1995.
RM1 4LY has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Feb 2023£815,000 | 5 Bed House8, Lower Bedfords Road, Romford, RM1 4LY8, Lower Bedfords Road, Romford, RM1 4LY
- Sold Nov 2022£780,000 | 5 Bed House14, Lower Bedfords Road, Romford, RM1 4LY14, Lower Bedfords Road, Romford, RM1 4LY
- Sold Mar 2020£745,000 | 5 Bed House16, Lower Bedfords Road, Romford, RM1 4LY16, Lower Bedfords Road, Romford, RM1 4LY
- Sold Dec 2015£360,000 | 3 Bed House7, Lower Bedfords Road, Romford, RM1 4LY7, Lower Bedfords Road, Romford, RM1 4LY
- Sold Feb 2015£305,000 | 3 Bed House2, Lower Bedfords Road, Romford, RM1 4LY2, Lower Bedfords Road, Romford, RM1 4LY
Nearby Postcodes
RM1 4LY is the 149th largest and the 412th most expensive postcode out of the 442 postcodes in the RM1 area.
- RM1 4LZ, Chaseside Close, Romford, RM1RM1 4LZ15 Addresses|41 m away
- RM1 4SA, Campbell Close, Romford, RM1RM1 4SA18 Addresses|82 m away
- RM1 4DF, Havering Road, Romford, RM1RM1 4DF14 Addresses|84 m away
- RM1 4BN, Havering Road, Romford, RM1RM1 4BN14 Addresses|139 m away
- RM1 4AQ, Glenton Way, Romford, RM1RM1 4AQ14 Addresses|140 m away
Property Types
- 3 modern houses built after 1980
- 2 mid-century houses built between 1936 and 1979
- 2 early-century houses built between 1912 and 1935
- 8 other addresses of unknown type
- modern house (3)
- mid-century house (2)
- early-century house (2)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (3)
- G (0)
- D (3)
- No EPC (8)
Top 3 Most Expensive Sales
- Sold Sep 2022£900,000 | 5 Bed HouseBellvue, Lower Bedfords Road, Romford, RM1 4DQBellvue, Lower Bedfords Road, Romford, RM1 4DQ
- Sold Feb 2023£815,000 | 5 Bed House8, Lower Bedfords Road, Romford, RM1 4LY8, Lower Bedfords Road, Romford, RM1 4LY
- Sold Nov 2022£780,000 | 5 Bed House14, Lower Bedfords Road, Romford, RM1 4LY14, Lower Bedfords Road, Romford, RM1 4LY
Schools Nearby
- Rise Park Junior School800 m away
- Rise Park Infant School800 m away
- Clockhouse Primary School1.2 km away
- Bower Park Academy200 m away
- Marshalls Park Academy1.5 km away
- The Royal Liberty School2.8 km away
More reading links
Public Transport Nearby
The closest station to RM1 4LY is Gidea Park station, which is 2.9 kilometres away.
- Gidea Park|2.9 km away
- Romford|3.2 km away
