Colchester Road - RM3 0AQ
Key Postcode Insights
RM3 0AQ is a residential postcode situated on Colchester Road, Romford, RM3 with 13 addresses.
It ranks as the 3rd largest and 157th most expensive of the 857 postcodes in the RM3 area. The most common property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 13 properties: 6 houses and 7 flats.
- Ave. Sale Price
- £324,583
- 10 Year change
- up 22.2%
- Ave. Rental Price
- £1,616pcm
- 10 Year change
- up 43.6%
- Ave. £ per ft²
- £465/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Postcode Insights
RM3 0AQ is a residential postcode situated on Colchester Road, Romford, RM3 with 13 addresses.
It ranks as the 3rd largest and 157th most expensive of the 857 postcodes in the RM3 area. The most common property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 13 properties: 6 houses and 7 flats.
- Ave. Sale Price
- £324,583
- 10 Year change
- up 22.2%
- Ave. Rental Price
- £1,616pcm
- 10 Year change
- up 43.6%
- Ave. £ per ft²
- £465/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Propertiesin RM3 0AQ
- A
Flat
- 1A The Parade
House
- 3A The Parade
2 Bed Early-century Flat
- 5A The Parade
1 Bed Early-century Flat
- 7 The Parade
3 Bed Early-century House
Sales Market Trends
The last sale in RM3 0AQ sold for £430,000 on 15th March 2024. Since then prices are up an average of 21.2%.
The current average value in the postcode is £324,583.
The RM3 0AQ Sales Market has increased by 22.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0% | £324,583 |
| June 2025 | 1.7% | £324,671 |
| June 2024 | -0.8% | £319,135 |
| June 2023 | 0.1% | £321,856 |
| June 2022 | 8.7% | £321,496 |
| June 2021 | 2.6% | £295,658 |
| June 2020 | 1.6% | £288,204 |
| June 2019 | -0.4% | £283,737 |
| June 2018 | 1.1% | £284,991 |
| June 2017 | 6.2% | £281,938 |
| June 2016 | 16.3% | £265,556 |
| June 2015 | 12% | £228,293 |
| June 2014 | 12.3% | £203,793 |
| June 2013 | 3.5% | £181,501 |
| June 2012 | -0.4% | £175,407 |
| June 2011 | -0.5% | £176,134 |
| June 2010 | 8.9% | £177,089 |
| June 2009 | -12.1% | £162,611 |
| June 2008 | 1.1% | £184,920 |
| June 2007 | 0% | £182,995 |
Rental Market Trends
The current average rental value in the postcode is £1,616.
The RM3 0AQ Rental Market has increased by 43.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £1,616pcm |
| June 2025 | 4.3% | £1,577pcm |
| June 2024 | 8.2% | £1,512pcm |
| June 2023 | 10.6% | £1,397pcm |
| June 2022 | 6.1% | £1,262pcm |
| June 2021 | 2.6% | £1,189pcm |
| June 2020 | 2.4% | £1,159pcm |
| June 2019 | 0.5% | £1,132pcm |
| June 2018 | -0.5% | £1,126pcm |
| June 2017 | 0.6% | £1,131pcm |
| June 2016 | 6.9% | £1,125pcm |
| June 2015 | 6.2% | £1,053pcm |
| June 2014 | 4.5% | £991pcm |
| June 2013 | 1.9% | £948pcm |
| June 2012 | 3.5% | £930pcm |
| June 2011 | 4.1% | £899pcm |
| June 2010 | 6.7% | £863pcm |
| June 2009 | -3.6% | £809pcm |
| June 2008 | 6.5% | £840pcm |
| June 2007 | 0% | £788pcm |
Sales History
The last sale was on 15th March 2024 for £430,000 and since then the market in the area has increased by 21.2%. The postcode has had a total of 5 sales since 1995.
RM3 0AQ has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Mar 2024£430,000 | 4 Bed House15, The Parade, Romford, RM3 0AQ15, The Parade, Romford, RM3 0AQ
- Sold Apr 2021£378,000 | 4 Bed House15, The Parade, Romford, RM3 0AQ15, The Parade, Romford, RM3 0AQ
- Sold Apr 2019£440,000 | 1 Bed FlatFlat 1, 19, The Parade, Romford, RM3 0AQFlat 1, 19, The Parade, Romford, RM3 0AQ
- Sold Aug 2016£350,000 | 4 Bed House35, The Parade, Romford, RM3 0AQ35, The Parade, Romford, RM3 0AQ
- Sold Mar 2000£115,000 | 1 Bed Flat5A, The Parade, Romford, RM3 0AQ5A, The Parade, Romford, RM3 0AQ
Nearby Postcodes
RM3 0AQ is the 3rd largest and the 157th most expensive postcode out of the 857 postcodes in the RM3 area.
- RM3 0AG, Colchester Road, Romford, RM3RM3 0AG1 Addresses|56 m away
- RM3 0HE, Willow Way, Romford, RM3RM3 0HE3 Addresses|70 m away
- RM3 9SF, Colchester Road, Romford, RM3RM3 9SF12 Addresses|101 m away
- RM3 0HD, Homeway, Romford, RM3RM3 0HD58 Addresses|119 m away
- RM3 0AE, Tudor Court, Romford, RM3RM3 0AE5 Addresses|122 m away
Property Types
- 1 house of an unknown age
- 2 early-century houses built between 1912 and 1935
- 2 early-century flats built between 1912 and 1935
- 8 other addresses of unknown type
- house (1)
- early-century house (2)
- early-century flat (2)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (4)
- No EPC (8)
Top 3 Most Expensive Sales
- Sold Sep 2022£525,000 | 4 Bed HouseArcadia, Colchester Road, Romford, RM3 9SFArcadia, Colchester Road, Romford, RM3 9SF
- Sold Feb 2021£495,000 | 4 Bed HouseDurgan, Colchester Road, Romford, RM3 0ANDurgan, Colchester Road, Romford, RM3 0AN
- Sold Mar 2022£485,000 | 4 Bed HouseKelsale, Colchester Road, Romford, RM3 0ANKelsale, Colchester Road, Romford, RM3 0AN
Schools Nearby
- Harold Court Primary School700 m away
- Drapers' Maylands Primary School1.0 km away
- Drapers' Pyrgo Priory School1.1 km away
- Drapers' Academy900 m away
- Redden Court School2.2 km away
- The Campion School2.6 km away
More reading links
Public Transport Nearby
The closest station to RM3 0AQ is Harold Wood station, which is 1.5 kilometres away.
- Harold Wood|1.5 km away
- Brentwood|3.8 km away
- Gidea Park|3.8 km away