RM3 8JR is a residential postcode situated on Dartfields, Romford, RM3 with 21 addresses.
It ranks as the 455th largest and 97th most expensive of the 855 postcodes in the RM3 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 21 properties: 21 flats.
RM3 8JR is a residential postcode situated on Dartfields, Romford, RM3 with 21 addresses.
It ranks as the 455th largest and 97th most expensive of the 855 postcodes in the RM3 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 21 properties: 21 flats.
Sale prices range from £201,069 for 1 bedroom leasehold flats (409 ft2) to £222,872 for 1 bedroom leasehold flats (495 ft2) .
Monthly rental prices range from £1,183 pcm for 1 bed flats to £1,295 pcm for 1 bed flats.
The gross rental yield is between 7.0% and 7.1%.
The average value per square foot is £456.
The last sale in RM3 8JR sold for £190,000 on 30th September 2021. Since then prices are up an average of 12.3%.
The current average value in the postcode is £216,770.
The RM3 8JR Sales Market has increased by 21.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.8% | £216,770 |
| April 2025 | 1.2% | £208,821 |
| April 2024 | -0.9% | £206,274 |
| April 2023 | 0.9% | £208,081 |
| April 2022 | 6.9% | £206,147 |
| April 2021 | 1.7% | £192,790 |
| April 2020 | 0.9% | £189,574 |
| April 2019 | -1.6% | £187,912 |
| April 2018 | -0.9% | £190,890 |
| April 2017 | 8.3% | £192,626 |
| April 2016 | 20.2% | £177,842 |
| April 2015 | 14.2% | £147,939 |
| April 2014 | 9.3% | £129,513 |
| April 2013 | 3.5% | £118,505 |
| April 2012 | -0.1% | £114,541 |
| April 2011 | -2.3% | £114,626 |
| April 2010 | 3.2% | £117,288 |
| April 2009 | -14.3% | £113,705 |
| April 2008 | 5.2% | £132,638 |
| April 2007 | 0% | £126,043 |
The current average rental value in the postcode is £1,266.
The RM3 8JR Rental Market has increased by 35.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.2% | £1,266pcm |
| April 2025 | 5.2% | £1,215pcm |
| April 2024 | 9.8% | £1,155pcm |
| April 2023 | 8.6% | £1,052pcm |
| April 2022 | 3.4% | £968pcm |
| April 2021 | 1.7% | £936pcm |
| April 2020 | 1% | £921pcm |
| April 2019 | -0.1% | £912pcm |
| April 2018 | -3.3% | £913pcm |
| April 2017 | 0.6% | £944pcm |
| April 2016 | 9.9% | £938pcm |
| April 2015 | 7.4% | £853pcm |
| April 2014 | 2.4% | £794pcm |
| April 2013 | 2.1% | £776pcm |
| April 2012 | 2.4% | £760pcm |
| April 2011 | 5% | £742pcm |
| April 2010 | 1.8% | £706pcm |
| April 2009 | -4.3% | £694pcm |
| April 2008 | 8% | £725pcm |
| April 2007 | 0% | £671pcm |
The last sale was on 30th September 2021 for £190,000 and since then the market in the area has increased by 12.3%. The postcode has had a total of 10 sales since 1995.
RM3 8JR has seen no sales in the last three years and no sales in the last twelve months.
RM3 8JR is the 455th largest and the 97th most expensive postcode out of the 855 postcodes in the RM3 area.
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The closest station to RM3 8JR is Harold Wood station which is 1.6 kilometres away.
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