Chaucer Road - RM3 7ER
Key Postcode Insights
RM3 7ER is a residential postcode situated on Chaucer Road, Romford, RM3 with 28 addresses.
It ranks as the 577th largest and 457th 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 28 properties: 11 houses, 11 flats and 6 other properties.
- Ave. Sale Price
- £347,071
- 10 Year change
- up 20.4%
- Ave. Rental Price
- £1,775pcm
- 10 Year change
- up 42.7%
- Ave. £ per ft²
- £464/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Postcode Insights
RM3 7ER is a residential postcode situated on Chaucer Road, Romford, RM3 with 28 addresses.
It ranks as the 577th largest and 457th 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 28 properties: 11 houses, 11 flats and 6 other properties.
- Ave. Sale Price
- £347,071
- 10 Year change
- up 20.4%
- Ave. Rental Price
- £1,775pcm
- 10 Year change
- up 42.7%
- Ave. £ per ft²
- £464/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Properties in RM3 7ER
- 18 Chaucer Road
2 Bed Mid-century Flat
- 20 Chaucer Road
2 Bed Mid-century Flat
- 22 Chaucer Road
Flat
- 24 Chaucer Road
2 Bed Mid-century Flat
- 26 Chaucer Road
2 Bed Mid-century Flat
Sales Market Trends
The last sale in RM3 7ER sold for £415,000 on 5th December 2024. Since then prices are up an average of 2.2%.
The current average value in the postcode is £347,071.
The RM3 7ER Sales Market has increased by 20.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.4% | £347,071 |
| June 2025 | 1.6% | £345,788 |
| June 2024 | 0% | £340,373 |
| June 2023 | -0.8% | £340,455 |
| June 2022 | 8.6% | £343,034 |
| June 2021 | 2.4% | £315,888 |
| June 2020 | 1.5% | £308,559 |
| June 2019 | -0.9% | £303,957 |
| June 2018 | 0.6% | £306,725 |
| June 2017 | 5.8% | £304,950 |
| June 2016 | 17.2% | £288,281 |
| June 2015 | 12.2% | £245,878 |
| June 2014 | 11.9% | £219,152 |
| June 2013 | 3.9% | £195,918 |
| June 2012 | -0.5% | £188,609 |
| June 2011 | -0.4% | £189,466 |
| June 2010 | 7.8% | £190,317 |
| June 2009 | -13.1% | £176,492 |
| June 2008 | 1.3% | £203,083 |
| June 2007 | 0% | £200,473 |
Rental Market Trends
The current average rental value in the postcode is £1,775.
The RM3 7ER Rental Market has increased by 42.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £1,775pcm |
| June 2025 | 3.9% | £1,728pcm |
| June 2024 | 8.6% | £1,663pcm |
| June 2023 | 11.3% | £1,531pcm |
| June 2022 | 6.2% | £1,376pcm |
| June 2021 | 2% | £1,296pcm |
| June 2020 | 2.5% | £1,271pcm |
| June 2019 | 0.3% | £1,240pcm |
| June 2018 | -0.9% | £1,236pcm |
| June 2017 | 0.3% | £1,247pcm |
| June 2016 | 7.1% | £1,244pcm |
| June 2015 | 7.3% | £1,161pcm |
| June 2014 | 4.9% | £1,083pcm |
| June 2013 | 2.2% | £1,032pcm |
| June 2012 | 3.5% | £1,010pcm |
| June 2011 | 4.4% | £976pcm |
| June 2010 | 5.1% | £935pcm |
| June 2009 | -4.5% | £890pcm |
| June 2008 | 6.9% | £932pcm |
| June 2007 | 0% | £872pcm |
Sales History
The last recorded sale was on 5th December 2024 for £415,000 and since then the market in the area has increased by 2.2%.
RM3 7ER has had 3 sales since 1995, with 3 in the last three years and none in the last twelve months.
- Sold Dec 2024£415,000 | 3 Bed House61, Chaucer Road, Romford, RM3 7ER61, Chaucer Road, Romford, RM3 7ER
- Sold Oct 2023£275,000 | 3 Bed House35, Chaucer Road, Romford, RM3 7ER35, Chaucer Road, Romford, RM3 7ER
- Sold Aug 2023£275,000 | 2 Bed Flat24, Chaucer Road, Romford, RM3 7ER24, Chaucer Road, Romford, RM3 7ER
Nearby Postcodes
RM3 7ER is the 577th largest and the 457th most expensive postcode out of the 857 postcodes in the RM3 area.
- RM3 7DW, Mellonde Close, Romford, RM3RM3 7DW7 Addresses|46 m away
- RM3 7HT, Heaton Avenue, Romford, RM3RM3 7HT57 Addresses|72 m away
- RM3 7EL, Meynell Road, Romford, RM3RM3 7EL20 Addresses|78 m away
- RM3 7EP, Morris Road, Romford, RM3RM3 7EP26 Addresses|78 m away
- RM3 7EW, Loxley Court, Romford, RM3RM3 7EW2 Addresses|88 m away
Property Types
- 10 mid-century houses built between 1936 and 1979
- 10 mid-century flats built between 1936 and 1979
- 1 early-century house built between 1912 and 1935
- 1 early-century flat built between 1912 and 1935
- 6 other addresses of unknown type
- mid-century house (10)
- mid-century flat (10)
- early-century house (1)
- early-century flat (1)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 22 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (0)
- F (0)
- C (14)
- G (0)
- D (6)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Dec 2024£415,000 | 3 Bed House61, Chaucer Road, Romford, RM3 7ER61, Chaucer Road, Romford, RM3 7ER
- Sold Oct 2025£380,000 | 3 Bed House1, Chaucer Road, Romford, RM3 7ES1, Chaucer Road, Romford, RM3 7ES
- Sold Jun 2021£368,000 | 3 Bed House37, Chaucer Road, Romford, RM3 7ER37, Chaucer Road, Romford, RM3 7ER
Schools Nearby
- Hilldene Primary School300 m away
- St Ursula's Catholic Primary School600 m away
- Broadford Primary School1.2 km away
- The Royal Liberty School1.7 km away
- Bower Park Academy1.7 km away
- Marshalls Park Academy1.8 km away
More reading links
Public Transport Nearby
The closest station to RM3 7ER is Gidea Park station, which is 2.1 kilometres away.
- Gidea Park|2.1 km away
- Harold Wood|2.1 km away
- Romford|3.2 km away
