Farnham Road - RM3 8ED
Key Postcode Insights
RM3 8ED is a residential postcode situated on Farnham Road, Romford, RM3 with 36 addresses.
It ranks as the 695th largest and 55th 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 36 properties: 36 flats.
- Ave. Sale Price
- £195,865
- 10 Year change
- up 18.2%
- Ave. Rental Price
- £1,224pcm
- 10 Year change
- up 37.9%
- Ave. £ per ft²
- £254/ft²
- Ave. Gross Yield
- 7.5%/year/yr
Key Postcode Insights
RM3 8ED is a residential postcode situated on Farnham Road, Romford, RM3 with 36 addresses.
It ranks as the 695th largest and 55th 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 36 properties: 36 flats.
- Ave. Sale Price
- £195,865
- 10 Year change
- up 18.2%
- Ave. Rental Price
- £1,224pcm
- 10 Year change
- up 37.9%
- Ave. £ per ft²
- £254/ft²
- Ave. Gross Yield
- 7.5%/year/yr
Explore Propertiesin RM3 8ED
- 7 Farnham Road
Unknown
- 13 Farnham Road
Unknown
- 21 Farnham Road
2 Bed Mid-century Flat
- 23 Farnham Road
2 Bed Mid-century Flat
- 25 Farnham Road
2 Bed Mid-century Flat
Sales Market Trends
The last sale in RM3 8ED sold for £257,500 on 22nd January 2024. Since then prices are up an average of 10.6%.
The current average value in the postcode is £195,865.
The RM3 8ED Sales Market has increased by 18.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.2% | £195,865 |
| June 2025 | 1% | £193,528 |
| June 2024 | 0.1% | £191,692 |
| June 2023 | -0.4% | £191,580 |
| June 2022 | 8.2% | £192,417 |
| June 2021 | 1.3% | £177,884 |
| June 2020 | 1.9% | £175,588 |
| June 2019 | -1.5% | £172,289 |
| June 2018 | -0.2% | £174,962 |
| June 2017 | 5.9% | £175,390 |
| June 2016 | 18.8% | £165,661 |
| June 2015 | 13.4% | £139,415 |
| June 2014 | 12.8% | £122,990 |
| June 2013 | 4.3% | £108,988 |
| June 2012 | -1.1% | £104,528 |
| June 2011 | -2.4% | £105,687 |
| June 2010 | 6.2% | £108,333 |
| June 2009 | -14.3% | £101,981 |
| June 2008 | 1.6% | £119,065 |
| June 2007 | 0% | £117,132 |
Rental Market Trends
The current average rental value in the postcode is £1,224.
The RM3 8ED Rental Market has increased by 37.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £1,224pcm |
| June 2025 | 4.2% | £1,180pcm |
| June 2024 | 9.2% | £1,132pcm |
| June 2023 | 9.9% | £1,036pcm |
| June 2022 | 4.7% | £942pcm |
| June 2021 | 1.2% | £901pcm |
| June 2020 | 2.2% | £890pcm |
| June 2019 | -0.1% | £870pcm |
| June 2018 | -2% | £871pcm |
| June 2017 | 0.1% | £889pcm |
| June 2016 | 8.5% | £888pcm |
| June 2015 | 6.9% | £818pcm |
| June 2014 | 4.2% | £765pcm |
| June 2013 | 2.1% | £734pcm |
| June 2012 | 2.2% | £719pcm |
| June 2011 | 3.8% | £704pcm |
| June 2010 | 4.5% | £678pcm |
| June 2009 | -5.2% | £649pcm |
| June 2008 | 7.4% | £685pcm |
| June 2007 | 0% | £637pcm |
Sales History
The last sale was on 22nd January 2024 for £257,500 and since then the market in the area has increased by 10.6%. The postcode has had a total of 19 sales since 1995.
RM3 8ED has seen 4 sales in the last three years and no sales in the last twelve months.
- Sold Jan 2024£257,500 | 3 Bed Flat89, Farnham Road, Romford, RM3 8ED89, Farnham Road, Romford, RM3 8ED
- Sold Sep 2023£170,000 | 2 Bed Flat29, Farnham Road, Romford, RM3 8ED29, Farnham Road, Romford, RM3 8ED
- Sold Aug 2023£255,000 | 3 Bed Flat53, Farnham Road, Romford, RM3 8ED53, Farnham Road, Romford, RM3 8ED
- Sold Mar 2023£250,000 | 3 Bed Flat87, Farnham Road, Romford, RM3 8ED87, Farnham Road, Romford, RM3 8ED
- Sold Jan 2021£235,000 | 3 Bed Flat93, Farnham Road, Romford, RM3 8ED93, Farnham Road, Romford, RM3 8ED
Nearby Postcodes
RM3 8ED is the 695th largest and the 55th most expensive postcode out of the 857 postcodes in the RM3 area.
- RM3 8DB, Hilldene Avenue, Romford, RM3RM3 8DB25 Addresses|55 m away
- RM3 8DX, Farnham Road, Romford, RM3RM3 8DX30 Addresses|57 m away
- RM3 8EB, The Arcade, Romford, RM3RM3 8EB5 Addresses|80 m away
- RM3 8QN, East Dene Drive, Romford, RM3RM3 8QN39 Addresses|81 m away
- RM3 8DT, Hilldene Avenue, Romford, RM3RM3 8DT23 Addresses|90 m away
Property Types
- 30 mid-century flats built between 1936 and 1979
- 1 early-century flat built between 1912 and 1935
- 5 other addresses of unknown type
- mid-century flat (30)
- early-century flat (1)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 31 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (22)
- G (0)
- D (8)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Sep 2023£290,000 | 3 Bed Flat34, Farnham Road, Romford, RM3 8DX34, Farnham Road, Romford, RM3 8DX
- Sold Jan 2024£257,500 | 3 Bed Flat89, Farnham Road, Romford, RM3 8ED89, Farnham Road, Romford, RM3 8ED
- Sold May 2019£257,500 | 3 Bed Flat58, Farnham Road, Romford, RM3 8DX58, Farnham Road, Romford, RM3 8DX
Schools Nearby
- Drapers' Brookside Junior School400 m away
- Drapers' Brookside Infant School500 m away
- Broadford Primary School600 m away
- Drapers' Academy1.5 km away
- Redden Court School2.4 km away
- The Royal Liberty School2.4 km away
More reading links
Public Transport Nearby
The closest station to RM3 8ED is Harold Wood station, which is 1.8 kilometres away.
- Harold Wood|1.8 km away
- Gidea Park|2.9 km away
- Emerson Park|4.2 km away
