Meynell Road - RM3 7EL
Key Postcode Insights
RM3 7EL is a residential postcode situated on Meynell Road, Romford, RM3 with 20 addresses.
It ranks as the 428th largest and 196th most expensive of the 857 postcodes in the RM3 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 20 properties: 8 houses and 12 flats.
- Ave. Sale Price
- £336,877
- 10 Year change
- up 22.4%
- Ave. Rental Price
- £1,718pcm
- 10 Year change
- up 44.1%
- Ave. £ per ft²
- £374/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Postcode Insights
RM3 7EL is a residential postcode situated on Meynell Road, Romford, RM3 with 20 addresses.
It ranks as the 428th largest and 196th most expensive of the 857 postcodes in the RM3 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 20 properties: 8 houses and 12 flats.
- Ave. Sale Price
- £336,877
- 10 Year change
- up 22.4%
- Ave. Rental Price
- £1,718pcm
- 10 Year change
- up 44.1%
- Ave. £ per ft²
- £374/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Propertiesin RM3 7EL
- 1 Meynell Road
3 Bed Mid-century House
- 2 Meynell Road
2 Bed Mid-century Flat
- 3 Meynell Road
3 Bed Mid-century House
- 4 Meynell Road
2 Bed Mid-century Flat
- 5 Meynell Road
3 Bed Mid-century House
Sales Market Trends
The last sale in RM3 7EL sold for £300,000 on 30th April 2025. Since then prices are up an average of 0.7%.
The current average value in the postcode is £336,877.
The RM3 7EL Sales Market has increased by 22.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.1% | £336,877 |
| June 2025 | 1.6% | £336,465 |
| June 2024 | -0.9% | £331,290 |
| June 2023 | -0.3% | £334,415 |
| June 2022 | 9.6% | £335,388 |
| June 2021 | 2.6% | £305,934 |
| June 2020 | 1.4% | £298,253 |
| June 2019 | -0.2% | £294,115 |
| June 2018 | 1% | £294,598 |
| June 2017 | 6% | £291,684 |
| June 2016 | 16.9% | £275,260 |
| June 2015 | 12.8% | £235,494 |
| June 2014 | 12.5% | £208,680 |
| June 2013 | 4% | £185,469 |
| June 2012 | 0.8% | £178,405 |
| June 2011 | -0.9% | £177,066 |
| June 2010 | 8.9% | £178,617 |
| June 2009 | -12.8% | £163,962 |
| June 2008 | 0.9% | £187,961 |
| June 2007 | 0% | £186,278 |
Rental Market Trends
The current average rental value in the postcode is £1,718.
The RM3 7EL Rental Market has increased by 44.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £1,718pcm |
| June 2025 | 4.3% | £1,675pcm |
| June 2024 | 7.8% | £1,606pcm |
| June 2023 | 11.1% | £1,490pcm |
| June 2022 | 6.7% | £1,341pcm |
| June 2021 | 2.3% | £1,256pcm |
| June 2020 | 2.1% | £1,228pcm |
| June 2019 | 1.1% | £1,203pcm |
| June 2018 | -0.6% | £1,189pcm |
| June 2017 | 0.3% | £1,196pcm |
| June 2016 | 6.7% | £1,192pcm |
| June 2015 | 7.3% | £1,117pcm |
| June 2014 | 4.8% | £1,041pcm |
| June 2013 | 2.1% | £993pcm |
| June 2012 | 4.5% | £973pcm |
| June 2011 | 4.5% | £931pcm |
| June 2010 | 6.6% | £890pcm |
| June 2009 | -3.8% | £835pcm |
| June 2008 | 6.5% | £868pcm |
| June 2007 | 0% | £815pcm |
Sales History
The last sale was on 30th April 2025 for £300,000 and since then the market in the area has increased by 0.7%. The postcode has had a total of 25 sales since 1995.
RM3 7EL has seen 4 sales in the last three years and no sales in the last twelve months.
- Sold Apr 2025£300,000 | 2 Bed Flat2, Meynell Road, Romford, RM3 7EL2, Meynell Road, Romford, RM3 7EL
- Sold Aug 2024£235,000 | 2 Bed Flat4, Meynell Road, Romford, RM3 7EL4, Meynell Road, Romford, RM3 7EL
- Sold Oct 2023£426,000 | 3 Bed House3, Meynell Road, Romford, RM3 7EL3, Meynell Road, Romford, RM3 7EL
- Sold Jun 2023£405,000 | 3 Bed House11, Meynell Road, Romford, RM3 7EL11, Meynell Road, Romford, RM3 7EL
- Sold Jun 2022£270,000 | 2 Bed Flat2, Meynell Road, Romford, RM3 7EL2, Meynell Road, Romford, RM3 7EL
Nearby Postcodes
RM3 7EL is the 428th largest and the 196th most expensive postcode out of the 857 postcodes in the RM3 area.
- RM3 7ER, Chaucer Road, Romford, RM3RM3 7ER28 Addresses|78 m away
- RM3 7ES, Chaucer Road, Romford, RM3RM3 7ES24 Addresses|79 m away
- RM3 7ET, Cowley Road, Romford, RM3RM3 7ET49 Addresses|80 m away
- RM3 7EP, Morris Road, Romford, RM3RM3 7EP26 Addresses|99 m away
- RM3 7HD, Heaton Avenue, Romford, RM3RM3 7HD33 Addresses|105 m away
Property Types
- 7 mid-century houses built between 1936 and 1979
- 9 mid-century flats built between 1936 and 1979
- 4 other addresses of unknown type
- mid-century house (7)
- mid-century flat (9)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 16 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (1)
- F (0)
- C (10)
- G (0)
- D (5)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Jan 2024£540,000 | 4 Bed House40, Meynell Road, Romford, RM3 7EJ40, Meynell Road, Romford, RM3 7EJ
- Sold Oct 2023£426,000 | 3 Bed House3, Meynell Road, Romford, RM3 7EL3, Meynell Road, Romford, RM3 7EL
- Sold Jun 2023£405,000 | 3 Bed House11, Meynell Road, Romford, RM3 7EL11, Meynell Road, Romford, RM3 7EL
Schools Nearby
- Hilldene Primary School200 m away
- St Ursula's Catholic Primary School600 m away
- Broadford Primary School1.1 km away
- The Royal Liberty School1.7 km away
- Bower Park Academy1.8 km away
- Marshalls Park Academy1.9 km away
More reading links
Public Transport Nearby
The closest station to RM3 7EL is Harold Wood station, which is 2.1 kilometres away.
- Harold Wood|2.1 km away
- Gidea Park|2.1 km away
- Romford|3.3 km away