RM3 0PD is a residential postcode situated on Peel Way, Romford, RM3 with 14 addresses.
It ranks as the 321st largest and 695th most expensive of the 855 postcodes in the RM3 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 14 properties: 14 houses.
RM3 0PD is a residential postcode situated on Peel Way, Romford, RM3 with 14 addresses.
It ranks as the 321st largest and 695th most expensive of the 855 postcodes in the RM3 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 14 properties: 14 houses.
Sale prices range from £441,194 for 3 bedroom freehold houses with a garden (828 ft2) to £914,243 for 5 bedroom freehold houses with a garden (2,798 ft2) .
Monthly rental prices range from £1,963 pcm for 3 bed houses to £3,617 pcm for 5 bed houses.
The gross rental yield is between 4.7% and 5.3%.
The average value per square foot is £506.
The last sale in RM3 0PD sold for £450,000 on 29th June 2023. Since then prices are up an average of 2.3%.
The current average value in the postcode is £549,347.
The RM3 0PD Sales Market has increased by 33.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.1% | £549,347 |
| April 2025 | 2.4% | £543,592 |
| April 2024 | -1.6% | £530,914 |
| April 2023 | 1.8% | £539,551 |
| April 2022 | 9.5% | £529,926 |
| April 2021 | 4.4% | £483,916 |
| April 2020 | 0.8% | £463,392 |
| April 2019 | 1% | £459,513 |
| April 2018 | 1.7% | £454,837 |
| April 2017 | 8.2% | £447,250 |
| April 2016 | 16% | £413,184 |
| April 2015 | 11% | £356,099 |
| April 2014 | 11.9% | £320,835 |
| April 2013 | 7.7% | £286,748 |
| April 2012 | -0.9% | £266,318 |
| April 2011 | 2.2% | £268,751 |
| April 2010 | 8% | £262,916 |
| April 2009 | -13.1% | £243,441 |
| April 2008 | 4.5% | £280,278 |
| April 2007 | 0% | £268,197 |
The current average rental value in the postcode is £2,324.
The RM3 0PD Rental Market has increased by 51.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.5% | £2,324pcm |
| April 2025 | 5.4% | £2,289pcm |
| April 2024 | 8.4% | £2,171pcm |
| April 2023 | 11.3% | £2,002pcm |
| April 2022 | 7% | £1,799pcm |
| April 2021 | 4.6% | £1,682pcm |
| April 2020 | 1.8% | £1,608pcm |
| April 2019 | 1.7% | £1,579pcm |
| April 2018 | -0.1% | £1,552pcm |
| April 2017 | 0.9% | £1,554pcm |
| April 2016 | 6.8% | £1,540pcm |
| April 2015 | 6.7% | £1,442pcm |
| April 2014 | 5.5% | £1,351pcm |
| April 2013 | 6.6% | £1,281pcm |
| April 2012 | 3.2% | £1,202pcm |
| April 2011 | 7.2% | £1,165pcm |
| April 2010 | 4.4% | £1,087pcm |
| April 2009 | -2.7% | £1,041pcm |
| April 2008 | 6.7% | £1,070pcm |
| April 2007 | 0% | £1,002pcm |
The last sale was on 29th June 2023 for £450,000 and since then the market in the area has increased by 2.3%. The postcode has had a total of 15 sales since 1995.
RM3 0PD has seen 1 sale in the last three years and no sales in the last twelve months.
RM3 0PD is the 321st largest and the 695th most expensive postcode out of the 855 postcodes in the RM3 area.
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The closest station to RM3 0PD is Harold Wood station which is 200 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around RM3 0PD, 48.1% of property is privately owned outright and 27.5% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around RM3 0PD, 18.3% of residents are recorded as possessing school level qualifications and 24.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around RM3 0PD, the average age was 39.5 and the most common age was 37.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around RM3 0PD, 1.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around RM3 0PD, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.