Spey Way - RM1 4YS
Key Postcode Insights
RM1 4YS is a residential postcode situated on Spey Way, Romford, RM1 with 16 addresses.
It ranks as the 166th largest and 311th most expensive of the 442 postcodes in the RM1 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 16 properties: 16 houses.
- Ave. Sale Price
- £517,985
- 10 Year change
- up 28.5%
- Ave. Rental Price
- £2,458pcm
- 10 Year change
- up 50.2%
- Ave. £ per ft²
- £513/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Key Postcode Insights
RM1 4YS is a residential postcode situated on Spey Way, Romford, RM1 with 16 addresses.
It ranks as the 166th largest and 311th most expensive of the 442 postcodes in the RM1 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 16 properties: 16 houses.
- Ave. Sale Price
- £517,985
- 10 Year change
- up 28.5%
- Ave. Rental Price
- £2,458pcm
- 10 Year change
- up 50.2%
- Ave. £ per ft²
- £513/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Explore Propertiesin RM1 4YS
- 18 Spey Way
3 Bed Early-century House
- 20 Spey Way
3 Bed Period House
- 21 Spey Way
Unknown
- 22 Spey Way
3 Bed Mid-century House
- 23 Spey Way
Unknown
Sales Market Trends
The last sale in RM1 4YS sold for £550,000 on 12th April 2024. Since then prices are up an average of 3.8%.
The current average value in the postcode is £517,985.
The RM1 4YS Sales Market has increased by 28.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.1% | £517,985 |
| June 2025 | 2.6% | £518,304 |
| June 2024 | -0.8% | £505,395 |
| June 2023 | -0.3% | £509,270 |
| June 2022 | 11.6% | £510,852 |
| June 2021 | 5.7% | £457,825 |
| June 2020 | 2.2% | £433,203 |
| June 2019 | 1% | £424,049 |
| June 2018 | 0.1% | £419,912 |
| June 2017 | 4.1% | £419,678 |
| June 2016 | 17.6% | £403,151 |
| June 2015 | 12.2% | £342,766 |
| June 2014 | 13.3% | £305,610 |
| June 2013 | 2.8% | £269,747 |
| June 2012 | 2.1% | £262,350 |
| June 2011 | 0.2% | £256,954 |
| June 2010 | 10.2% | £256,530 |
| June 2009 | -11.4% | £232,726 |
| June 2008 | 0.8% | £262,569 |
| June 2007 | 0% | £260,485 |
Rental Market Trends
The current average rental value in the postcode is £2,458.
The RM1 4YS Rental Market has increased by 50.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £2,458pcm |
| June 2025 | 5% | £2,401pcm |
| June 2024 | 6.2% | £2,287pcm |
| June 2023 | 15.3% | £2,154pcm |
| June 2022 | 8.2% | £1,867pcm |
| June 2021 | 1.8% | £1,726pcm |
| June 2020 | 2.5% | £1,695pcm |
| June 2019 | 2.2% | £1,653pcm |
| June 2018 | 0% | £1,618pcm |
| June 2017 | -1.1% | £1,618pcm |
| June 2016 | 6.5% | £1,636pcm |
| June 2015 | 7.1% | £1,536pcm |
| June 2014 | 8.1% | £1,434pcm |
| June 2013 | 4.4% | £1,327pcm |
| June 2012 | 3.8% | £1,270pcm |
| June 2011 | 7.3% | £1,224pcm |
| June 2010 | 6.3% | £1,140pcm |
| June 2009 | -3.6% | £1,073pcm |
| June 2008 | 8% | £1,114pcm |
| June 2007 | 0% | £1,031pcm |
Sales History
The last sale was on 12th April 2024 for £550,000 and since then the market in the area has increased by 3.8%. The postcode has had a total of 16 sales since 1995.
RM1 4YS has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Apr 2024£550,000 | 3 Bed House18, Spey Way, Romford, RM1 4YS18, Spey Way, Romford, RM1 4YS
- Sold Jan 2024£460,000 | 3 Bed House28, Spey Way, Romford, RM1 4YS28, Spey Way, Romford, RM1 4YS
- Sold Apr 2022£485,000 | 3 Bed House20, Spey Way, Romford, RM1 4YS20, Spey Way, Romford, RM1 4YS
- Sold Jun 2021£431,000 | 3 Bed House37, Spey Way, Romford, RM1 4YS37, Spey Way, Romford, RM1 4YS
- Sold Aug 2020£444,000 | 3 Bed House24, Spey Way, Romford, RM1 4YS24, Spey Way, Romford, RM1 4YS
Nearby Postcodes
RM1 4YS is the 166th largest and the 311th most expensive postcode out of the 442 postcodes in the RM1 area.
- RM1 4YT, Garry Way, Romford, RM1RM1 4YT12 Addresses|67 m away
- RM1 4YJ, Moray Close, Romford, RM1RM1 4YJ20 Addresses|72 m away
- RM1 4YR, Don Way, Romford, RM1RM1 4YR12 Addresses|81 m away
- RM1 4YP, Spey Way, Romford, RM1RM1 4YP18 Addresses|104 m away
- RM1 4AW, Garry Way, Romford, RM1RM1 4AW22 Addresses|110 m away
Property Types
- 1 period house built between 1800 and 1911
- 5 mid-century houses built between 1936 and 1979
- 5 early-century houses built between 1912 and 1935
- 5 other addresses of unknown type
- period house (1)
- mid-century house (5)
- early-century house (5)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (11)
- No EPC (5)
Top 3 Most Expensive Sales
Schools Nearby
- Rise Park Junior School400 m away
- Rise Park Infant School400 m away
- Clockhouse Primary School1.2 km away
- Bower Park Academy700 m away
- Marshalls Park Academy1.0 km away
- The Royal Liberty School2.5 km away
More reading links
Public Transport Nearby
The closest station to RM1 4YS is Gidea Park station, which is 2.6 kilometres away.
- Gidea Park|2.6 km away
- Romford|2.7 km away
