RM3 0FB is a residential postcode situated on Gubbins Lane, Romford, RM3 with 12 addresses.
It ranks as the 214th largest and 179th most expensive of the 855 postcodes in the RM3 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 12 properties: 12 flats.
RM3 0FB is a residential postcode situated on Gubbins Lane, Romford, RM3 with 12 addresses.
It ranks as the 214th largest and 179th most expensive of the 855 postcodes in the RM3 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 12 properties: 12 flats.
Sale prices range from £233,039 for 1 bedroom leasehold flats (376 ft2) to £318,785 for 2 bedroom leasehold flats (652 ft2) .
Monthly rental prices range from £1,109 pcm for 1 bed flats to £1,470 pcm for 2 bed flats.
The gross rental yield is between 5.5% and 5.8%.
The average value per square foot is £535.
The last sale in RM3 0FB sold for £274,000 on 25th April 2025. Since then prices are up an average of 2.2%.
The current average value in the postcode is £282,395.
The RM3 0FB Sales Market has increased by 16.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.1% | £282,395 |
| April 2025 | 1.2% | £276,633 |
| April 2024 | -1.2% | £273,429 |
| April 2023 | 0.5% | £276,663 |
| April 2022 | 6% | £275,269 |
| April 2021 | 0.8% | £259,598 |
| April 2020 | 0.3% | £257,491 |
| April 2019 | -0.7% | £256,688 |
| April 2018 | -0.1% | £258,510 |
| April 2017 | 6.8% | £258,755 |
| April 2016 | 17.1% | £242,221 |
| April 2015 | 12.3% | £206,834 |
| April 2014 | 9% | £184,128 |
| April 2013 | 3% | £168,910 |
| April 2012 | 0.8% | £163,971 |
| April 2011 | -2.2% | £162,612 |
| April 2010 | 6% | £166,269 |
| April 2009 | -13.6% | £156,883 |
| April 2008 | 5% | £181,630 |
| April 2007 | 0% | £173,003 |
The current average rental value in the postcode is £1,326.
The RM3 0FB Rental Market has increased by 32.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.5% | £1,326pcm |
| April 2025 | 4.5% | £1,293pcm |
| April 2024 | 9.5% | £1,238pcm |
| April 2023 | 9.3% | £1,131pcm |
| April 2022 | 3.4% | £1,035pcm |
| April 2021 | 0.7% | £1,001pcm |
| April 2020 | 1% | £994pcm |
| April 2019 | 0.4% | £984pcm |
| April 2018 | -2.1% | £980pcm |
| April 2017 | -0.2% | £1,001pcm |
| April 2016 | 7.9% | £1,003pcm |
| April 2015 | 7.4% | £929pcm |
| April 2014 | 2.8% | £866pcm |
| April 2013 | 1.9% | £842pcm |
| April 2012 | 4.5% | £826pcm |
| April 2011 | 3.2% | £790pcm |
| April 2010 | 3.3% | £766pcm |
| April 2009 | -4% | £741pcm |
| April 2008 | 7.6% | £772pcm |
| April 2007 | 0% | £718pcm |
The last sale was on 25th April 2025 for £274,000 and since then the market in the area has increased by 2.2%. The postcode has had a total of 42 sales since 1995.
RM3 0FB has seen 3 sales in the last three years and no sales in the last twelve months.
RM3 0FB is the 214th largest and the 179th most expensive postcode out of the 855 postcodes in the RM3 area.
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The closest station to RM3 0FB is Harold Wood station which is 200 metres away.
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