Benskins Lane - RM4 1LB
Key Postcode Insights
RM4 1LB is a residential postcode situated on Benskins Lane, Noak Hill, Romford, RM4 with 33 addresses.
It ranks as the 140th largest and 2nd most expensive of the 157 postcodes in the RM4 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 33 properties: 13 houses and 20 flats.
- Ave. Sale Price
- £345,524
- 10 Year change
- up 26.1%
- Ave. Rental Price
- £1,557pcm
- 10 Year change
- up 47.5%
- Ave. £ per ft²
- £504/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Postcode Insights
RM4 1LB is a residential postcode situated on Benskins Lane, Noak Hill, Romford, RM4 with 33 addresses.
It ranks as the 140th largest and 2nd most expensive of the 157 postcodes in the RM4 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 33 properties: 13 houses and 20 flats.
- Ave. Sale Price
- £345,524
- 10 Year change
- up 26.1%
- Ave. Rental Price
- £1,557pcm
- 10 Year change
- up 47.5%
- Ave. £ per ft²
- £504/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Propertiesin RM4 1LB
- Wheelers Lodge
Unknown
- Glenwood
3 Bed Modern House
- Great Oaks Kennels
Unknown
- Halldene
4 Bed Modern House
Sales Market Trends
The last sale in RM4 1LB sold for £10,000 on 23rd January 2025. Since then prices are up an average of 17.0%.
The current average value in the postcode is £345,524.
The RM4 1LB Sales Market has increased by 26.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.9% | £345,524 |
| June 2025 | 1.8% | £342,319 |
| June 2024 | -0.7% | £336,329 |
| June 2023 | 0.1% | £338,533 |
| June 2022 | 9.6% | £338,062 |
| June 2021 | 3.5% | £308,556 |
| June 2020 | 2.5% | £298,053 |
| June 2019 | -1.2% | £290,869 |
| June 2018 | 1.5% | £294,546 |
| June 2017 | 5.9% | £290,129 |
| June 2016 | 16.5% | £274,085 |
| June 2015 | 12.5% | £235,260 |
| June 2014 | 13% | £209,055 |
| June 2013 | 3.1% | £185,015 |
| June 2012 | 1.1% | £179,537 |
| June 2011 | -2.6% | £177,647 |
| June 2010 | 9.6% | £182,364 |
| June 2009 | -12.3% | £166,416 |
| June 2008 | 1.1% | £189,677 |
| June 2007 | 0% | £187,557 |
Rental Market Trends
The current average rental value in the postcode is £1,557.
The RM4 1LB Rental Market has increased by 47.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.6% | £1,557pcm |
| June 2025 | 4.2% | £1,503pcm |
| June 2024 | 8.2% | £1,442pcm |
| June 2023 | 11.2% | £1,333pcm |
| June 2022 | 7.2% | £1,198pcm |
| June 2021 | 3.2% | £1,118pcm |
| June 2020 | 2.7% | £1,083pcm |
| June 2019 | 0.3% | £1,055pcm |
| June 2018 | -0.5% | £1,051pcm |
| June 2017 | 0.1% | £1,057pcm |
| June 2016 | 8.1% | £1,055pcm |
| June 2015 | 7.9% | £976pcm |
| June 2014 | 5.9% | £905pcm |
| June 2013 | 2.1% | £855pcm |
| June 2012 | 4.2% | £837pcm |
| June 2011 | 3.5% | £803pcm |
| June 2010 | 6.4% | £776pcm |
| June 2009 | -4.3% | £730pcm |
| June 2008 | 6.1% | £763pcm |
| June 2007 | 0% | £719pcm |
Sales History
The last sale was on 23rd January 2025 for £10,000 and since then the market in the area has increased by 17.0%. The postcode has had a total of 12 sales since 1995.
RM4 1LB has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jan 2025£10,000 | Flat2 New Acres, Benskins Lane, Romford, RM4 1LB2 New Acres, Benskins Lane, Romford, RM4 1LB
- Sold Feb 2022£705,000 | 3 Bed HouseGlenwood, Benskins Lane, Romford, RM4 1LBGlenwood, Benskins Lane, Romford, RM4 1LB
- Sold Jul 2020£8,000 | Flat7 New Acres, Benskins Lane, Romford, RM4 1LB7 New Acres, Benskins Lane, Romford, RM4 1LB
- Sold Jul 2020£8,000 | Flat6 New Acres, Benskins Lane, Romford, RM4 1LB6 New Acres, Benskins Lane, Romford, RM4 1LB
- Sold Jul 2020£8,000 | Flat2 New Acres, Benskins Lane, Romford, RM4 1LB2 New Acres, Benskins Lane, Romford, RM4 1LB
Nearby Postcodes
RM4 1LB is the 140th largest and the 2nd most expensive postcode out of the 157 postcodes in the RM4 area.
- RM4 1LE, Benskins Lane, Noak Hill, Romford, RM4RM4 1LE14 Addresses|175 m away
- RM4 1LD, Church Road, Noak Hill, Romford, RM4RM4 1LD38 Addresses|352 m away
- RM4 1FA, Hounds Grove, Noak Hill, Romford, RM4RM4 1FA10 Addresses|435 m away
- RM4 1JX, Church Road, Noak Hill, Romford, RM4RM4 1JX3 Addresses|569 m away
- RM4 1LA, Paternoster Row, Noak Hill, Romford, RM4RM4 1LA11 Addresses|768 m away
Property Types
- 2 modern houses built after 1980
- 2 mid-century houses built between 1936 and 1979
- 29 other addresses of unknown type
- modern house (2)
- mid-century house (2)
- Unknown (29)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is E.
- A (0)
- E (2)
- B (0)
- F (0)
- C (1)
- G (2)
- D (0)
- No EPC (28)
Top 3 Most Expensive Sales
- Sold Feb 2022£705,000 | 3 Bed HouseGlenwood, Benskins Lane, Romford, RM4 1LBGlenwood, Benskins Lane, Romford, RM4 1LB
- Sold Sep 2002£480,000 | 4 Bed HouseSylvan Glade, Benskins Lane, Romford, RM4 1LBSylvan Glade, Benskins Lane, Romford, RM4 1LB
- Sold Jun 2002£399,995 | 3 Bed HouseGlenwood, Benskins Lane, Romford, RM4 1LBGlenwood, Benskins Lane, Romford, RM4 1LB
Schools Nearby
- Drapers' Brookside Infant School2.1 km away
- Drapers' Brookside Junior School2.1 km away
- Drapers' Pyrgo Priory School2.2 km away
- Drapers' Academy2.4 km away
- Bower Park Academy3.9 km away
- Redden Court School4.7 km away
More reading links
Public Transport Nearby
The closest station to RM4 1LB is Harold Wood station, which is 3.9 kilometres away.
- Harold Wood|3.9 km away
- Gidea Park|5.3 km away
- Brentwood|5.5 km away
