Palm Road - RM7 7AR
Key Postcode Insights
RM7 7AR is a residential postcode situated on Palm Road, Romford, RM7 with 23 addresses.
It ranks as the 230th largest and 452nd most expensive of the 494 postcodes in the RM7 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 23 properties: 22 houses and 1 flat.
- Ave. Sale Price
- £490,507
- 10 Year change
- up 25.2%
- Ave. Rental Price
- £2,340pcm
- 10 Year change
- up 51.9%
- Ave. £ per ft²
- £437/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Key Postcode Insights
RM7 7AR is a residential postcode situated on Palm Road, Romford, RM7 with 23 addresses.
It ranks as the 230th largest and 452nd most expensive of the 494 postcodes in the RM7 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 23 properties: 22 houses and 1 flat.
- Ave. Sale Price
- £490,507
- 10 Year change
- up 25.2%
- Ave. Rental Price
- £2,340pcm
- 10 Year change
- up 51.9%
- Ave. £ per ft²
- £437/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Explore Propertiesin RM7 7AR
- 10 Palm Road
5 Bed Period House
- 12 Palm Road
5 Bed Period House
- 14 Palm Road
3 Bed Period House
- 16 Palm Road
4 Bed Period House
- 18 Palm Road
3 Bed Period House
Sales Market Trends
The last sale in RM7 7AR sold for £435,000 on 25th April 2025. Since then prices are up an average of 0.8%.
The current average value in the postcode is £490,507.
The RM7 7AR Sales Market has increased by 25.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.4% | £490,507 |
| June 2025 | 2.6% | £492,285 |
| June 2024 | -0.4% | £479,662 |
| June 2023 | 0.3% | £481,366 |
| June 2022 | 8.3% | £480,151 |
| June 2021 | 7.8% | £443,179 |
| June 2020 | 1.5% | £411,024 |
| June 2019 | -0.8% | £405,074 |
| June 2018 | 0.8% | £408,238 |
| June 2017 | 3.4% | £404,961 |
| June 2016 | 20% | £391,784 |
| June 2015 | 10.7% | £326,506 |
| June 2014 | 12.7% | £295,042 |
| June 2013 | 2.5% | £261,755 |
| June 2012 | 1.1% | £255,247 |
| June 2011 | 1.7% | £252,424 |
| June 2010 | 9.2% | £248,222 |
| June 2009 | -13.4% | £227,400 |
| June 2008 | 1% | £262,699 |
| June 2007 | 0% | £260,032 |
Rental Market Trends
The current average rental value in the postcode is £2,340.
The RM7 7AR Rental Market has increased by 51.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £2,340pcm |
| June 2025 | 1.1% | £2,279pcm |
| June 2024 | 10.9% | £2,254pcm |
| June 2023 | 15.9% | £2,033pcm |
| June 2022 | 6.3% | £1,755pcm |
| June 2021 | 4% | £1,650pcm |
| June 2020 | 2.7% | £1,587pcm |
| June 2019 | 1.2% | £1,545pcm |
| June 2018 | -1.7% | £1,527pcm |
| June 2017 | 0.9% | £1,554pcm |
| June 2016 | 6.1% | £1,540pcm |
| June 2015 | 8.9% | £1,452pcm |
| June 2014 | 3.5% | £1,334pcm |
| June 2013 | 5.5% | £1,289pcm |
| June 2012 | 1.1% | £1,221pcm |
| June 2011 | 5.8% | £1,208pcm |
| June 2010 | 6.7% | £1,142pcm |
| June 2009 | -3.9% | £1,071pcm |
| June 2008 | 8.2% | £1,115pcm |
| June 2007 | 0% | £1,030pcm |
Sales History
The last sale was on 25th April 2025 for £435,000 and since then the market in the area has increased by 0.8%. The postcode has had a total of 35 sales since 1995.
RM7 7AR has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Apr 2025£435,000 | 3 Bed House14, Palm Road, Romford, RM7 7AR14, Palm Road, Romford, RM7 7AR
- Sold Jan 2025£492,000 | 4 Bed House28, Palm Road, Romford, RM7 7AR28, Palm Road, Romford, RM7 7AR
- Sold Nov 2024£455,000 | 3 Bed House20, Palm Road, Romford, RM7 7AR20, Palm Road, Romford, RM7 7AR
- Sold Jul 2022£435,000 | 4 Bed House28, Palm Road, Romford, RM7 7AR28, Palm Road, Romford, RM7 7AR
- Sold Feb 2022£205,000 | 1 Bed Flat52, Palm Road, Romford, RM7 7AR52, Palm Road, Romford, RM7 7AR
Nearby Postcodes
RM7 7AR is the 230th largest and the 452nd most expensive postcode out of the 494 postcodes in the RM7 area.
- RM7 7AP, Palm Road, Romford, RM7RM7 7AP17 Addresses|30 m away
- RM7 7BL, Amanda Mews, Romford, RM7RM7 7BL3 Addresses|52 m away
- RM7 7BF, Honey Mews, Romford, RM7RM7 7BF3 Addresses|60 m away
- RM7 7AG, Barkwood Close, Romford, RM7RM7 7AG16 Addresses|93 m away
- RM7 7AS, Pretoria Road, Romford, RM7RM7 7AS27 Addresses|103 m away
Property Types
- 14 period houses built between 1800 and 1911
- 1 period flat built between 1800 and 1911
- 2 modern houses built after 1980
- 6 other addresses of unknown type
- period house (14)
- period flat (1)
- modern house (2)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 17 properties.
- The most common rating is D.
- A (0)
- E (5)
- B (0)
- F (0)
- C (3)
- G (0)
- D (9)
- No EPC (6)
Top 3 Most Expensive Sales
Schools Nearby
- The Mawney Foundation School400 m away
- Crowlands Primary School400 m away
- Concordia Academy900 m away
- St Edward's Church of England Academy1.1 km away
- Marshalls Park Academy1.8 km away
- The Warren School1.9 km away
More reading links
Public Transport Nearby
The closest station to RM7 7AR is Romford station, which is 1.1 kilometres away.
- Romford|1.1 km away
- Gidea Park|2.6 km away
