RM3 9AX is a residential postcode situated on Dorking Rise, Romford, RM3 with 15 addresses.
It ranks as the 350th largest and 491st most expensive of the 855 postcodes in the RM3 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 15 properties: 15 houses.
RM3 9AX is a residential postcode situated on Dorking Rise, Romford, RM3 with 15 addresses.
It ranks as the 350th largest and 491st most expensive of the 855 postcodes in the RM3 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 15 properties: 15 houses.
Sale prices range from £351,809 for 3 bedroom freehold houses with a garden (710 ft2) to £466,562 for 4 bedroom freehold houses with a garden (1,216 ft2) .
Monthly rental prices range from £2,004 pcm for 3 bed houses to £2,384 pcm for 4 bed houses.
The gross rental yield is between 6.1% and 6.8%.
The average value per square foot is £422.
The last sale in RM3 9AX sold for £408,000 on 13th January 2025. Since then prices are up an average of 2.8%.
The current average value in the postcode is £396,728.
The RM3 9AX Sales Market has increased by 35.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.4% | £396,728 |
| April 2025 | 2.6% | £391,317 |
| April 2024 | -2.2% | £381,253 |
| April 2023 | 2.6% | £389,665 |
| April 2022 | 10% | £379,760 |
| April 2021 | 4.4% | £345,094 |
| April 2020 | 1% | £330,409 |
| April 2019 | 1% | £326,990 |
| April 2018 | 1.4% | £323,865 |
| April 2017 | 8.8% | £319,325 |
| April 2016 | 17.5% | £293,431 |
| April 2015 | 12.9% | £249,649 |
| April 2014 | 12.7% | £221,124 |
| April 2013 | 7.1% | £196,124 |
| April 2012 | 1% | £183,170 |
| April 2011 | -0.2% | £181,312 |
| April 2010 | 6.9% | £181,646 |
| April 2009 | -13.6% | £169,917 |
| April 2008 | 4.6% | £196,742 |
| April 2007 | 0% | £188,106 |
The current average rental value in the postcode is £2,149.
The RM3 9AX Rental Market has increased by 51.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2% | £2,149pcm |
| April 2025 | 6.2% | £2,107pcm |
| April 2024 | 8.4% | £1,984pcm |
| April 2023 | 10.8% | £1,831pcm |
| April 2022 | 6.8% | £1,652pcm |
| April 2021 | 4.6% | £1,547pcm |
| April 2020 | 1.4% | £1,480pcm |
| April 2019 | 2.2% | £1,460pcm |
| April 2018 | -0.7% | £1,429pcm |
| April 2017 | 1.3% | £1,440pcm |
| April 2016 | 7.7% | £1,421pcm |
| April 2015 | 6.9% | £1,320pcm |
| April 2014 | 5.8% | £1,235pcm |
| April 2013 | 6% | £1,168pcm |
| April 2012 | 4% | £1,101pcm |
| April 2011 | 6.2% | £1,059pcm |
| April 2010 | 5.1% | £997pcm |
| April 2009 | -3.8% | £948pcm |
| April 2008 | 7.3% | £986pcm |
| April 2007 | 0% | £919pcm |
The last sale was on 13th January 2025 for £408,000 and since then the market in the area has increased by 2.8%. The postcode has had a total of 14 sales since 1995.
RM3 9AX has seen 2 sales in the last three years and no sales in the last twelve months.
RM3 9AX is the 350th largest and the 491st most expensive postcode out of the 855 postcodes in the RM3 area.
Be the first Estate
Agent here!
The closest station to RM3 9AX is Harold Wood station which is 2.2 kilometres away.
Be the first Estate
Agent here!
The recent census recorded whether a resident owned or rented their home.
In the area around RM3 9AX, 35.2% of property is privately owned with a mortgage and 23.3% is socially rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around RM3 9AX, 25.6% of residents are recorded as possessing school level qualifications and 30.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around RM3 9AX, the average age was 38.4 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around RM3 9AX, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around RM3 9AX, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.