Spey Way - RM1 4YP
Key Postcode Insights
RM1 4YP is a residential postcode situated on Spey Way, Romford, RM1 with 18 addresses.
It ranks as the 187th largest and 295th most expensive of the 442 postcodes in the RM1 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 18 properties: 18 houses.
- Ave. Sale Price
- £539,538
- 10 Year change
- up 27.3%
- Ave. Rental Price
- £2,574pcm
- 10 Year change
- up 49.9%
- Ave. £ per ft²
- £489/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Key Postcode Insights
RM1 4YP is a residential postcode situated on Spey Way, Romford, RM1 with 18 addresses.
It ranks as the 187th largest and 295th most expensive of the 442 postcodes in the RM1 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 18 properties: 18 houses.
- Ave. Sale Price
- £539,538
- 10 Year change
- up 27.3%
- Ave. Rental Price
- £2,574pcm
- 10 Year change
- up 49.9%
- Ave. £ per ft²
- £489/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Explore Propertiesin RM1 4YP
- 1 Spey Way
3 Bed Early-century House
- 2 Spey Way
4 Bed House
- 3 Spey Way
Unknown
- 4 Spey Way
Unknown
- 5 Spey Way
3 Bed Mid-century House
Sales Market Trends
The last sale in RM1 4YP sold for £515,000 on 30th January 2026. Since then prices are down an average of 0.6%.
The current average value in the postcode is £539,538.
The RM1 4YP Sales Market has increased by 27.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.5% | £539,538 |
| June 2025 | 2.3% | £542,184 |
| June 2024 | -0.4% | £530,229 |
| June 2023 | -0.6% | £532,192 |
| June 2022 | 11.1% | £535,336 |
| June 2021 | 5.7% | £482,052 |
| June 2020 | 2.2% | £456,075 |
| June 2019 | 1% | £446,375 |
| June 2018 | 0.3% | £441,803 |
| June 2017 | 4% | £440,680 |
| June 2016 | 16.9% | £423,828 |
| June 2015 | 11.2% | £362,435 |
| June 2014 | 12.6% | £325,847 |
| June 2013 | 2.9% | £289,334 |
| June 2012 | 1.5% | £281,290 |
| June 2011 | 0.8% | £277,239 |
| June 2010 | 10.9% | £274,918 |
| June 2009 | -10.5% | £247,960 |
| June 2008 | 0.4% | £277,101 |
| June 2007 | 0% | £276,114 |
Rental Market Trends
The current average rental value in the postcode is £2,574.
The RM1 4YP Rental Market has increased by 49.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.9% | £2,574pcm |
| June 2025 | 4.3% | £2,525pcm |
| June 2024 | 6.8% | £2,421pcm |
| June 2023 | 15.3% | £2,267pcm |
| June 2022 | 7.9% | £1,966pcm |
| June 2021 | 2% | £1,822pcm |
| June 2020 | 2.7% | £1,786pcm |
| June 2019 | 2.3% | £1,739pcm |
| June 2018 | 0.1% | £1,701pcm |
| June 2017 | -1% | £1,699pcm |
| June 2016 | 5.8% | £1,717pcm |
| June 2015 | 6.5% | £1,622pcm |
| June 2014 | 7.5% | £1,523pcm |
| June 2013 | 4.6% | £1,417pcm |
| June 2012 | 3.2% | £1,355pcm |
| June 2011 | 7.8% | £1,313pcm |
| June 2010 | 6.9% | £1,218pcm |
| June 2009 | -2.8% | £1,140pcm |
| June 2008 | 7.6% | £1,173pcm |
| June 2007 | 0% | £1,089pcm |
Sales History
The last sale was on 30th January 2026 for £515,000 and since then the market in the area has decreased by 0.6%. The postcode has had a total of 25 sales since 1995.
RM1 4YP has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Jan 2026£515,000 | 3 Bed House6, Spey Way, Romford, RM1 4YP6, Spey Way, Romford, RM1 4YP
- Sold Sep 2024£710,000 | 3 Bed House1, Spey Way, Romford, RM1 4YP1, Spey Way, Romford, RM1 4YP
- Sold Jun 2021£575,000 | 4 Bed House19, Spey Way, Romford, RM1 4YP19, Spey Way, Romford, RM1 4YP
- Sold Apr 2021£415,000 | 3 Bed House17, Spey Way, Romford, RM1 4YP17, Spey Way, Romford, RM1 4YP
- Sold Feb 2021£590,000 | 5 Bed House11, Spey Way, Romford, RM1 4YP11, Spey Way, Romford, RM1 4YP
Nearby Postcodes
RM1 4YP is the 187th largest and the 295th most expensive postcode out of the 442 postcodes in the RM1 area.
- RM1 4YR, Don Way, Romford, RM1RM1 4YR12 Addresses|74 m away
- RM1 4YU, Garry Way, Romford, RM1RM1 4YU20 Addresses|99 m away
- RM1 4AE, Garry Close, Romford, RM1RM1 4AE8 Addresses|102 m away
- RM1 4UX, Cree Way, Romford, RM1RM1 4UX8 Addresses|104 m away
- RM1 4YS, Spey Way, Romford, RM1RM1 4YS16 Addresses|104 m away
Property Types
- 9 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 5 early-century houses built between 1912 and 1935
- 3 other addresses of unknown type
- mid-century house (9)
- house (1)
- early-century house (5)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (2)
- G (0)
- D (10)
- No EPC (4)
Top 3 Most Expensive Sales
Schools Nearby
- Rise Park Junior School400 m away
- Rise Park Infant School400 m away
- Parklands Primary School1.3 km away
- Bower Park Academy700 m away
- Marshalls Park Academy900 m away
- The Royal Liberty School2.4 km away
More reading links
Public Transport Nearby
The closest station to RM1 4YP is Gidea Park station, which is 2.5 kilometres away.
- Gidea Park|2.5 km away
- Romford|2.6 km away
