Gorseway - RM7 0RP
Key Postcode Insights
RM7 0RP is a residential postcode situated on Gorseway, Romford, RM7 with 42 addresses.
It ranks as the 398th largest and 408th most expensive of the 494 postcodes in the RM7 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 42 properties: 42 houses.
- Ave. Sale Price
- £486,575
- 10 Year change
- up 26.3%
- Ave. Rental Price
- £2,251pcm
- 10 Year change
- up 54.4%
- Ave. £ per ft²
- £451/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Key Postcode Insights
RM7 0RP is a residential postcode situated on Gorseway, Romford, RM7 with 42 addresses.
It ranks as the 398th largest and 408th most expensive of the 494 postcodes in the RM7 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 42 properties: 42 houses.
- Ave. Sale Price
- £486,575
- 10 Year change
- up 26.3%
- Ave. Rental Price
- £2,251pcm
- 10 Year change
- up 54.4%
- Ave. £ per ft²
- £451/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Explore Propertiesin RM7 0RP
- 1 Gorseway
Unknown
- 2 Gorseway
3 Bed House
- 3 Gorseway
3 Bed Early-century House
- 4 Gorseway
3 Bed Early-century House
- 5 Gorseway
Unknown
Sales Market Trends
The last sale in RM7 0RP sold for £500,000 on 3rd February 2023. Since then prices are up an average of 1.9%.
The current average value in the postcode is £486,575.
The RM7 0RP Sales Market has increased by 26.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.4% | £486,575 |
| June 2025 | 2.5% | £488,605 |
| June 2024 | -0.5% | £476,673 |
| June 2023 | 0.1% | £478,872 |
| June 2022 | 9.1% | £478,532 |
| June 2021 | 7% | £438,435 |
| June 2020 | 1.5% | £409,929 |
| June 2019 | -0.4% | £404,009 |
| June 2018 | 1.3% | £405,717 |
| June 2017 | 3.9% | £400,370 |
| June 2016 | 18.2% | £385,338 |
| June 2015 | 10.6% | £326,012 |
| June 2014 | 12.1% | £294,717 |
| June 2013 | 2.8% | £262,919 |
| June 2012 | 0.5% | £255,788 |
| June 2011 | 2.1% | £254,565 |
| June 2010 | 11.4% | £249,319 |
| June 2009 | -11.1% | £223,737 |
| June 2008 | -0.2% | £251,741 |
| June 2007 | 0% | £252,261 |
Rental Market Trends
The current average rental value in the postcode is £2,251.
The RM7 0RP Rental Market has increased by 54.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £2,251pcm |
| June 2025 | 1.7% | £2,198pcm |
| June 2024 | 10.1% | £2,162pcm |
| June 2023 | 15.2% | £1,964pcm |
| June 2022 | 7.3% | £1,705pcm |
| June 2021 | 4.5% | £1,589pcm |
| June 2020 | 2.8% | £1,521pcm |
| June 2019 | 1.4% | £1,479pcm |
| June 2018 | -0.9% | £1,459pcm |
| June 2017 | 0.9% | £1,472pcm |
| June 2016 | 5.9% | £1,458pcm |
| June 2015 | 8.3% | £1,377pcm |
| June 2014 | 4% | £1,272pcm |
| June 2013 | 4.8% | £1,223pcm |
| June 2012 | 2% | £1,167pcm |
| June 2011 | 6% | £1,145pcm |
| June 2010 | 8.4% | £1,080pcm |
| June 2009 | -2.4% | £997pcm |
| June 2008 | 7.1% | £1,021pcm |
| June 2007 | 0% | £954pcm |
Sales History
The last sale was on 3rd February 2023 for £500,000 and since then the market in the area has increased by 1.9%. The postcode has had a total of 43 sales since 1995.
RM7 0RP has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Feb 2023£500,000 | 3 Bed House16, Gorseway, Romford, RM7 0RP16, Gorseway, Romford, RM7 0RP
- Sold Apr 2022£515,000 | 4 Bed House32, Gorseway, Romford, RM7 0RP32, Gorseway, Romford, RM7 0RP
- Sold Mar 2021£390,000 | 3 Bed House10, Gorseway, Romford, RM7 0RP10, Gorseway, Romford, RM7 0RP
- Sold Dec 2020£417,000 | 4 Bed House24, Gorseway, Romford, RM7 0RP24, Gorseway, Romford, RM7 0RP
- Sold Feb 2020£575,000 | 5 Bed House47, Gorseway, Romford, RM7 0RP47, Gorseway, Romford, RM7 0RP
Nearby Postcodes
RM7 0RP is the 398th largest and the 408th most expensive postcode out of the 494 postcodes in the RM7 area.
- RM7 0PU, Rush Green Road, Romford, RM7RM7 0PU35 Addresses|97 m away
- RM7 0QB, Rush Green Road, Romford, RM7RM7 0QB31 Addresses|129 m away
- RM7 0SL, Rose Glen, Romford, RM7RM7 0SL42 Addresses|153 m away
- RM7 0RS, Gorseway, Romford, RM7RM7 0RS16 Addresses|158 m away
- RM7 0SP, Rose Glen, Romford, RM7RM7 0SP31 Addresses|162 m away
Property Types
- 2 houses of an unknown age
- 24 early-century houses built between 1912 and 1935
- 16 other addresses of unknown type
- house (2)
- early-century house (24)
- Unknown (16)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 24 properties.
- The most common rating is D.
- A (0)
- E (6)
- B (0)
- F (0)
- C (2)
- G (0)
- D (16)
- No EPC (18)
Top 3 Most Expensive Sales
Schools Nearby
- Rush Green Primary School300 m away
- Concordia Academy800 m away
- Harrow Lodge Primary School900 m away
- Hornchurch High School1.6 km away
- The Frances Bardsley Academy for Girls1.6 km away
- St Edward's Church of England Academy2.0 km away
More reading links
Public Transport Nearby
The closest station to RM7 0RP is Elm Park station, which is 1.6 kilometres away.
- Romford|1.1 km away
- Elm Park|2.1 km away
- Dagenham East|2.5 km away