RM7 0LR is a residential postcode situated on Meadow Road, Romford, RM7 with 43 addresses.
It ranks as the 410th largest and 246th most expensive of the 494 postcodes in the RM7 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 43 properties: 41 houses and 2 flats.
RM7 0LR is a residential postcode situated on Meadow Road, Romford, RM7 with 43 addresses.
It ranks as the 410th largest and 246th most expensive of the 494 postcodes in the RM7 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 43 properties: 41 houses and 2 flats.
Sale prices range from £270,106 for 2 bedroom leasehold flats (656 ft2) to £542,890 for 4 bedroom freehold houses with a garden (1,420 ft2) .
Monthly rental prices range from £1,518 pcm for 2 bed flats to £2,551 pcm for 4 bed houses.
The gross rental yield is between 5.6% and 6.7%.
The average value per square foot is £474.
The last sale in RM7 0LR sold for £500,000 on 6th February 2026. Since then prices are up an average of 0.5%.
The current average value in the postcode is £435,213.
The RM7 0LR Sales Market has increased by 27.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.6% | £435,213 |
| April 2025 | 2.8% | £428,194 |
| April 2024 | -1.1% | £416,349 |
| April 2023 | 1.4% | £421,159 |
| April 2022 | 8.7% | £415,416 |
| April 2021 | 5.4% | £382,121 |
| April 2020 | 0.4% | £362,563 |
| April 2019 | -0.9% | £360,993 |
| April 2018 | 1% | £364,201 |
| April 2017 | 5.9% | £360,446 |
| April 2016 | 19.3% | £340,441 |
| April 2015 | 13% | £285,316 |
| April 2014 | 11.9% | £252,514 |
| April 2013 | 4.4% | £225,754 |
| April 2012 | 0.9% | £216,266 |
| April 2011 | 0.4% | £214,409 |
| April 2010 | 5.7% | £213,620 |
| April 2009 | -16.5% | £202,173 |
| April 2008 | 5.2% | £242,121 |
| April 2007 | 0% | £230,257 |
The current average rental value in the postcode is £2,103.
The RM7 0LR Rental Market has increased by 48.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.6% | £2,103pcm |
| April 2025 | 3.2% | £2,050pcm |
| April 2024 | 12.2% | £1,987pcm |
| April 2023 | 14% | £1,770pcm |
| April 2022 | 4.8% | £1,553pcm |
| April 2021 | 2.8% | £1,481pcm |
| April 2020 | 2% | £1,440pcm |
| April 2019 | 0.6% | £1,412pcm |
| April 2018 | -2.1% | £1,404pcm |
| April 2017 | 1.3% | £1,433pcm |
| April 2016 | 8.1% | £1,414pcm |
| April 2015 | 8.7% | £1,308pcm |
| April 2014 | 4.4% | £1,203pcm |
| April 2013 | 6.2% | £1,152pcm |
| April 2012 | 3.5% | £1,085pcm |
| April 2011 | 5% | £1,048pcm |
| April 2010 | 2% | £998pcm |
| April 2009 | -4.5% | £978pcm |
| April 2008 | 8.9% | £1,024pcm |
| April 2007 | 0% | £941pcm |
The last sale was on 6th February 2026 for £500,000 and since then the market in the area has increased by 0.5%. The postcode has had a total of 49 sales since 1995.
RM7 0LR has seen 4 sales in the last three years and 3 sales in the last twelve months.
RM7 0LR is the 410th largest and the 246th most expensive postcode out of the 494 postcodes in the RM7 area.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around RM7 0LR, 37.2% of property is privately owned with a mortgage and 35.2% 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 RM7 0LR, 28.2% of residents are recorded as possessing school level qualifications and 27.5% 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 RM7 0LR, the average age was 35.1 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 RM7 0LR, 0.2% 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 RM7 0LR, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.