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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
|
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
RM3 8FLHouse Prices / London, Havering, Oakwood Close
Last updated May 2026
Key Postcode Insights
RM3 8FL is a residential postcode situated on Oakwood Close, Romford, RM3 with 9 addresses.
It ranks as the 164th largest and 163rd 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 9 properties: 9 flats.
9
Properties
- Flats
Key Postcode Insights
RM3 8FL is a residential postcode situated on Oakwood Close, Romford, RM3 with 9 addresses.
It ranks as the 164th largest and 163rd 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 9 properties: 9 flats.
9
Properties
- Flats
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House Pricesin RM3 8FL
Sale prices range from £249,453 for 2 bedroom leasehold flats (546 ft2) to £301,935 for 2 bedroom leasehold flats (802 ft2) .
Monthly rental prices range from £1,397 pcm for 2 bed flats to £1,561 pcm for 2 bed flats.
The gross rental yield is between 6.2% and 6.7%.
The average value per square foot is £439.
Average Sale Value
£269,380
Average Rental Value
£1,463 pcm
Average Rental Yield
6.5% /year
Average Value Per Sqft
£439 /ft2
Sales Market Trendsin RM3 8FL
The last sale in RM3 8FL sold for £270,000 on 24th March 2023. Since then prices are up an average of 2.1%.
The current average value in the postcode is £269,380.
The RM3 8FL Sales Market has increased by 19.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.3% | £269,380 |
| April 2025 | 1.4% | £263,211 |
| April 2024 | -1.3% | £259,672 |
| April 2023 | 1.2% | £263,196 |
| April 2022 | 6.8% | £260,140 |
| April 2021 | 0.8% | £243,676 |
| April 2020 | 0.5% | £241,695 |
| April 2019 | -0.5% | £240,584 |
| April 2018 | -0.3% | £241,889 |
| April 2017 | 7.9% | £242,504 |
| April 2016 | 18.8% | £224,834 |
| April 2015 | 13.9% | £189,314 |
| April 2014 | 9.8% | £166,231 |
| April 2013 | 3.2% | £151,378 |
| April 2012 | 2.1% | £146,749 |
| April 2011 | -3.9% | £143,774 |
| April 2010 | 5.1% | £149,599 |
| April 2009 | -14.4% | £142,286 |
| April 2008 | 5.2% | £166,185 |
| April 2007 | 0% | £157,970 |
Rental Market Trendsin RM3 8FL
The current average rental value in the postcode is £1,463.
The RM3 8FL Rental Market has increased by 32.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.7% | £1,463pcm |
| April 2025 | 5.3% | £1,425pcm |
| April 2024 | 9.3% | £1,352pcm |
| April 2023 | 8.8% | £1,237pcm |
| April 2022 | 3.3% | £1,137pcm |
| April 2021 | 0.8% | £1,101pcm |
| April 2020 | 0.5% | £1,092pcm |
| April 2019 | 0.9% | £1,086pcm |
| April 2018 | -2.7% | £1,076pcm |
| April 2017 | 0.2% | £1,106pcm |
| April 2016 | 8.5% | £1,103pcm |
| April 2015 | 7.1% | £1,017pcm |
| April 2014 | 2.9% | £949pcm |
| April 2013 | 1.8% | £923pcm |
| April 2012 | 4.6% | £907pcm |
| April 2011 | 3.3% | £867pcm |
| April 2010 | 3.8% | £839pcm |
| April 2009 | -4.4% | £808pcm |
| April 2008 | 8% | £846pcm |
| April 2007 | 0% | £783pcm |
Explore Buildingsin RM3 8FL, Oakwood Close, Romford, RM3
- Oaklands House, Oakwood Close, Romford, RM3 Modern building 9 units
Sales Historyin RM3 8FL
The last sale was on 24th March 2023 for £270,000 and since then the market in the area has increased by 2.1%. The postcode has had a total of 5 sales since 1995.
RM3 8FL has seen 1 sale in the last three years and no sales in the last twelve months.
Sold Mar 2023£270,000 | 2 Bed FlatOaklands House, Oakwood CloseFlat 4, Oaklands House, Oakwood Close, Romford, RM3 8FL
Sold Mar 2022£250,000 | 2 Bed FlatOaklands House, Oakwood CloseFlat 7, Oaklands House, Oakwood Close, Romford, RM3 8FL
Sold Dec 2008£134,000 | 2 Bed FlatOaklands House, Oakwood CloseFlat 3, Oaklands House, Oakwood Close, Romford, RM3 8FL
Sold Dec 2008£166,808 | 2 Bed FlatOaklands House, Oakwood CloseFlat 2, Oaklands House, Oakwood Close, Romford, RM3 8FL
Sold Jan 2008£111,937 | 2 Bed FlatOaklands House, Oakwood CloseFlat 1, Oaklands House, Oakwood Close, Romford, RM3 8FL
Nearby Postcodesto RM3 8FL
RM3 8FL is the 164th largest and the 163rd most expensive postcode out of the 855 postcodes in the RM3 area.
- 23 mRM3 8GF, Oakwood Close, Romford, RM3RM3 8GF9 Addresses
- 36 mRM3 8FN, St. James Drive, Romford, RM3RM3 8FN7 Addresses
- 53 mRM3 8FT, Gooshays Gardens, Romford, RM3RM3 8FT12 Addresses
- 67 mRM3 8RW, Mirfield Close, Romford, RM3RM3 8RW5 Addresses
- 75 mRM3 8DW, Dewsbury Road, Romford, RM3RM3 8DW41 Addresses
- 78 mRM3 8BU, Tansey Close, Romford, RM3RM3 8BU12 Addresses
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Property Typesin RM3 8FL
- 9 modern flats built after 1980
- modern flat (9)
Energy Efficiencyof properties in RM3 8FL
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The dominant rating is B.
- A (0)
- E (0)
- B (3)
- F (0)
- C (2)
- G (0)
- D (0)
- No EPC (4)
Top 3 Most Expensive Saleson Oakwood Close
- Sold Mar 2023£270,000 | 2 Bed FlatOaklands House, Oakwood CloseFlat 4, Oaklands House, Oakwood Close, Romford, RM3 8FL
- Sold Mar 2022£250,000 | 2 Bed FlatOaklands House, Oakwood CloseFlat 7, Oaklands House, Oakwood Close, Romford, RM3 8FL
- Sold Dec 2008£166,808 | 2 Bed FlatOaklands House, Oakwood CloseFlat 2, Oaklands House, Oakwood Close, Romford, RM3 8FL
Schools Nearbyto RM3 8FL
The nearest primary school to RM3 8FL is Broadford Primary School which is 409 metres away.
- 409mBroadford Primary School
- 426mDrapers' Brookside Junior School
- 473mDrapers' Brookside Infant School
The nearest secondary school is Drapers' Academy which is 1.2 kilometres away.
- 1.2kmDrapers' Academy
- 2.1kmRedden Court School
- 2.4kmThe Royal Liberty School
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Public Transport Nearbyto RM3 8FL
The closest station to RM3 8FL is Harold Wood station which is 1.4 kilometres away.
- 1.4kmHarold Wood
- 2.9kmGidea Park
- 4.0kmEmerson Park