RM7 0TH is a residential postcode situated on Dagenham Road, Romford, RM7 with 42 addresses.
It ranks as the 400th largest and 71st most expensive of the 494 postcodes in the RM7 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 42 properties: 42 flats.
RM7 0TH is a residential postcode situated on Dagenham Road, Romford, RM7 with 42 addresses.
It ranks as the 400th largest and 71st most expensive of the 494 postcodes in the RM7 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 42 properties: 42 flats.
Sale prices range from £176,480 for 2 bedroom leasehold flats (710 ft2) to £273,794 for 3 bedroom leasehold flats (839 ft2) .
Monthly rental prices range from £1,050 pcm for 2 bed flats to £1,660 pcm for 3 bed flats.
The gross rental yield is between 7.1% and 7.3%.
The average value per square foot is £351.
The last sale in RM7 0TH sold for £270,000 on 24th November 2023. Since then prices are up an average of 2.2%.
The current average value in the postcode is £251,290.
The RM7 0TH Sales Market has increased by 15.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.5% | £251,290 |
| May 2025 | 2.1% | £250,104 |
| May 2024 | 0% | £245,008 |
| May 2023 | -0.5% | £245,126 |
| May 2022 | 6.3% | £246,411 |
| May 2021 | 4.1% | £231,824 |
| May 2020 | 1% | £222,768 |
| May 2019 | -2% | £220,467 |
| May 2018 | -0.5% | £224,913 |
| May 2017 | 3.8% | £225,941 |
| May 2016 | 20.2% | £217,647 |
| May 2015 | 12.1% | £181,036 |
| May 2014 | 10.9% | £161,503 |
| May 2013 | 2.2% | £145,692 |
| May 2012 | 0.7% | £142,596 |
| May 2011 | 0.2% | £141,598 |
| May 2010 | 4.8% | £141,270 |
| May 2009 | -16% | £134,765 |
| May 2008 | 2.5% | £160,519 |
| May 2007 | 0% | £156,622 |
The current average rental value in the postcode is £1,502.
The RM7 0TH Rental Market has increased by 38.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.7% | £1,502pcm |
| May 2025 | 1.6% | £1,463pcm |
| May 2024 | 12.2% | £1,440pcm |
| May 2023 | 13.5% | £1,283pcm |
| May 2022 | 3.3% | £1,131pcm |
| May 2021 | 1.5% | £1,094pcm |
| May 2020 | 2.3% | £1,078pcm |
| May 2019 | -0.4% | £1,054pcm |
| May 2018 | -3.1% | £1,058pcm |
| May 2017 | 0.3% | £1,091pcm |
| May 2016 | 7.9% | £1,087pcm |
| May 2015 | 8.8% | £1,008pcm |
| May 2014 | 2.8% | £926pcm |
| May 2013 | 4.6% | £901pcm |
| May 2012 | 1.6% | £861pcm |
| May 2011 | 4.7% | £847pcm |
| May 2010 | 2% | £809pcm |
| May 2009 | -5.5% | £794pcm |
| May 2008 | 8.2% | £839pcm |
| May 2007 | 0% | £776pcm |
The last sale was on 24th November 2023 for £270,000 and since then the market in the area has increased by 2.2%. The postcode has had a total of 43 sales since 1995.
RM7 0TH has seen 5 sales in the last three years and no sales in the last twelve months.
RM7 0TH is the 400th largest and the 71st most expensive postcode out of the 494 postcodes in the RM7 area.
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The recent census recorded whether a resident owned or rented their home.
In the area around RM7 0TH, 35.6% of property is privately owned with a mortgage and 26.0% is privately owned outright.
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 0TH, 23.8% of residents are recorded as possessing school level qualifications and 27.1% 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 0TH, the average age was 38.7 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 0TH, 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 RM7 0TH, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
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.