RM11 2QL is a residential postcode situated on Nelmes Way, Hornchurch, RM11 with 17 addresses.
It ranks as the 205th largest and 85th most expensive of the 552 postcodes in the RM11 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 17 properties: 17 flats.
RM11 2QL is a residential postcode situated on Nelmes Way, Hornchurch, RM11 with 17 addresses.
It ranks as the 205th largest and 85th most expensive of the 552 postcodes in the RM11 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 17 properties: 17 flats.
Sale prices range from £329,003 for 2 bedroom leasehold flats (753 ft2) to £397,851 for 3 bedroom leasehold flats (947 ft2) .
Monthly rental prices range from £1,540 pcm for 2 bed flats to £1,858 pcm for 3 bed flats.
The gross rental yield is between 5.6% and 5.7%.
The average value per square foot is £437.
The last sale in RM11 2QL sold for £375,000 on 29th January 2026. Since then prices are up an average of 1.6%.
The current average value in the postcode is £352,248.
The RM11 2QL Sales Market has increased by 11.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.9% | £352,248 |
| April 2025 | 1% | £349,182 |
| April 2024 | -2.4% | £345,583 |
| April 2023 | 0.7% | £354,191 |
| April 2022 | 5.4% | £351,634 |
| April 2021 | 0.5% | £333,619 |
| April 2020 | 0.9% | £331,922 |
| April 2019 | -0.9% | £328,865 |
| April 2018 | -0.4% | £331,928 |
| April 2017 | 5.2% | £333,347 |
| April 2016 | 13.3% | £316,963 |
| April 2015 | 9.6% | £279,752 |
| April 2014 | 6.2% | £255,228 |
| April 2013 | 2.7% | £240,325 |
| April 2012 | 0.8% | £234,107 |
| April 2011 | -0.3% | £232,188 |
| April 2010 | 9.4% | £232,938 |
| April 2009 | -9.9% | £212,853 |
| April 2008 | -0.6% | £236,257 |
| April 2007 | 0% | £237,605 |
The current average rental value in the postcode is £1,662.
The RM11 2QL Rental Market has increased by 29.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.5% | £1,662pcm |
| April 2025 | 2.1% | £1,638pcm |
| April 2024 | 9.2% | £1,603pcm |
| April 2023 | 10.2% | £1,469pcm |
| April 2022 | 4.1% | £1,333pcm |
| April 2021 | 0.3% | £1,280pcm |
| April 2020 | 2.8% | £1,276pcm |
| April 2019 | -1% | £1,242pcm |
| April 2018 | -1.1% | £1,255pcm |
| April 2017 | -0.9% | £1,268pcm |
| April 2016 | 5.3% | £1,280pcm |
| April 2015 | 7.7% | £1,216pcm |
| April 2014 | 2.3% | £1,129pcm |
| April 2013 | 3% | £1,104pcm |
| April 2012 | 6% | £1,072pcm |
| April 2011 | 1.7% | £1,011pcm |
| April 2010 | 3.5% | £994pcm |
| April 2009 | -2.5% | £961pcm |
| April 2008 | 4.1% | £985pcm |
| April 2007 | 0% | £946pcm |
The last sale was on 29th January 2026 for £375,000 and since then the market in the area has increased by 1.6%. The postcode has had a total of 33 sales since 1995.
RM11 2QL has seen 2 sales in the last three years and 1 sale in the last twelve months.
RM11 2QL is the 205th largest and the 85th most expensive postcode out of the 552 postcodes in the RM11 area.
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The closest station to RM11 2QL is Gidea Park station which is 1.0 kilometres away.
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