Penrith Road - RM3 9NJ
Key Postcode Insights
RM3 9NJ is a residential postcode situated on Penrith Road, Romford, RM3 with 42 addresses.
It ranks as the 754th largest and 486th most expensive of the 857 postcodes in the RM3 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 42 properties: 36 houses and 6 flats.
- Ave. Sale Price
- £376,312
- 10 Year change
- up 27.8%
- Ave. Rental Price
- £1,975pcm
- 10 Year change
- up 49.3%
- Ave. £ per ft²
- £449/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Key Postcode Insights
RM3 9NJ is a residential postcode situated on Penrith Road, Romford, RM3 with 42 addresses.
It ranks as the 754th largest and 486th most expensive of the 857 postcodes in the RM3 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 42 properties: 36 houses and 6 flats.
- Ave. Sale Price
- £376,312
- 10 Year change
- up 27.8%
- Ave. Rental Price
- £1,975pcm
- 10 Year change
- up 49.3%
- Ave. £ per ft²
- £449/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Explore Propertiesin RM3 9NJ
- 45 Penrith Road
Unknown
- 46 Penrith Road
3 Bed Mid-century House
- 47 Penrith Road
3 Bed Mid-century House
- 48 Penrith Road
3 Bed Early-century House
- 49 Penrith Road
3 Bed Mid-century House
Sales Market Trends
The last sale in RM3 9NJ sold for £370,000 on 20th June 2025. Since then prices are up an average of 0.8%.
The current average value in the postcode is £376,312.
The RM3 9NJ Sales Market has increased by 27.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.7% | £376,312 |
| June 2025 | 2.1% | £373,743 |
| June 2024 | -1.1% | £365,935 |
| June 2023 | 0.3% | £370,100 |
| June 2022 | 10.8% | £368,822 |
| June 2021 | 3.4% | £332,950 |
| June 2020 | 1.8% | £321,996 |
| June 2019 | -0.3% | £316,157 |
| June 2018 | 1.1% | £317,105 |
| June 2017 | 6.5% | £313,681 |
| June 2016 | 18% | £294,410 |
| June 2015 | 13.7% | £249,535 |
| June 2014 | 13.7% | £219,480 |
| June 2013 | 4.3% | £192,966 |
| June 2012 | 0.3% | £185,055 |
| June 2011 | -1.6% | £184,501 |
| June 2010 | 9.5% | £187,486 |
| June 2009 | -12.8% | £171,180 |
| June 2008 | 1.3% | £196,327 |
| June 2007 | 0% | £193,804 |
Rental Market Trends
The current average rental value in the postcode is £1,975.
The RM3 9NJ Rental Market has increased by 49.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £1,975pcm |
| June 2025 | 5.4% | £1,913pcm |
| June 2024 | 8% | £1,815pcm |
| June 2023 | 10.8% | £1,681pcm |
| June 2022 | 7.3% | £1,517pcm |
| June 2021 | 3.3% | £1,414pcm |
| June 2020 | 2.2% | £1,369pcm |
| June 2019 | 1.1% | £1,339pcm |
| June 2018 | -0.6% | £1,324pcm |
| June 2017 | 0.8% | £1,333pcm |
| June 2016 | 7.8% | £1,323pcm |
| June 2015 | 7.4% | £1,227pcm |
| June 2014 | 5.1% | £1,143pcm |
| June 2013 | 2.2% | £1,088pcm |
| June 2012 | 3.7% | £1,064pcm |
| June 2011 | 4.5% | £1,026pcm |
| June 2010 | 7.6% | £982pcm |
| June 2009 | -3.6% | £912pcm |
| June 2008 | 7% | £946pcm |
| June 2007 | 0% | £884pcm |
Sales History
The last sale was on 20th June 2025 for £370,000 and since then the market in the area has increased by 0.8%. The postcode has had a total of 35 sales since 1995.
RM3 9NJ has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jun 2025£370,000 | 3 Bed House81, Penrith Road, Romford, RM3 9NJ81, Penrith Road, Romford, RM3 9NJ
- Sold Sep 2022£480,000 | 3 Bed House46, Penrith Road, Romford, RM3 9NJ46, Penrith Road, Romford, RM3 9NJ
- Sold Sep 2022£385,000 | 3 Bed House83, Penrith Road, Romford, RM3 9NJ83, Penrith Road, Romford, RM3 9NJ
- Sold Aug 2021£435,000 | 4 Bed House64, Penrith Road, Romford, RM3 9NJ64, Penrith Road, Romford, RM3 9NJ
- Sold Nov 2020£330,000 | 3 Bed House59, Penrith Road, Romford, RM3 9NJ59, Penrith Road, Romford, RM3 9NJ
Nearby Postcodes
RM3 9NJ is the 754th largest and the 486th most expensive postcode out of the 857 postcodes in the RM3 area.
- RM3 9ND, Retford Road, Romford, RM3RM3 9ND30 Addresses|74 m away
- RM3 9NH, Retford Road, Romford, RM3RM3 9NH30 Addresses|83 m away
- RM3 9NL, Retford Path, Romford, RM3RM3 9NL18 Addresses|88 m away
- RM3 9XD, Petersfield Avenue, Romford, RM3RM3 9XD21 Addresses|109 m away
- RM3 9XB, Petersfield Avenue, Romford, RM3RM3 9XB26 Addresses|117 m away
Property Types
- 18 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 3 early-century houses built between 1912 and 1935
- 20 other addresses of unknown type
- mid-century house (18)
- house (1)
- early-century house (3)
- Unknown (20)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 22 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (0)
- F (0)
- C (10)
- G (0)
- D (10)
- No EPC (20)
Top 3 Most Expensive Sales
- Sold Sep 2022£480,000 | 3 Bed House46, Penrith Road, Romford, RM3 9NJ46, Penrith Road, Romford, RM3 9NJ
- Sold Jan 2019£470,000 | 4 Bed House87, Penrith Road, Romford, RM3 9NJ87, Penrith Road, Romford, RM3 9NJ
- Sold Apr 2024£440,000 | 4 Bed House16, Penrith Road, Romford, RM3 9NS16, Penrith Road, Romford, RM3 9NS
Schools Nearby
- Harold Court Primary School500 m away
- Mead Primary School700 m away
- Drapers' Pyrgo Priory School800 m away
- Drapers' Academy800 m away
- Redden Court School1.9 km away
- The Campion School2.4 km away
More reading links
Public Transport Nearby
The closest station to RM3 9NJ is Harold Wood station, which is 1.2 kilometres away.
- Harold Wood|1.2 km away
- Gidea Park|3.4 km away
- Emerson Park|4.0 km away