Oak Street - RM7 7BS
Key Postcode Insights
RM7 7BS is a residential postcode situated on Oak Street, Romford, RM7 with 32 addresses.
It ranks as the 309th largest and 212th 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 32 properties: 28 houses and 4 flats.
- Ave. Sale Price
- £396,914
- 10 Year change
- up 21.1%
- Ave. Rental Price
- £1,956pcm
- 10 Year change
- up 47.0%
- Ave. £ per ft²
- £456/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Postcode Insights
RM7 7BS is a residential postcode situated on Oak Street, Romford, RM7 with 32 addresses.
It ranks as the 309th largest and 212th 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 32 properties: 28 houses and 4 flats.
- Ave. Sale Price
- £396,914
- 10 Year change
- up 21.1%
- Ave. Rental Price
- £1,956pcm
- 10 Year change
- up 47.0%
- Ave. £ per ft²
- £456/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Propertiesin RM7 7BS
- Wingrove Court
Building  |  4 Flats
- 1 Oak Street
3 Bed Early-century House
- 3 Oak Street
Unknown
- 5 Oak Street
3 Bed Early-century House
- 7 Oak Street
Unknown
Sales Market Trends
The last sale in RM7 7BS sold for £425,000 on 28th March 2025. Since then prices are up an average of 1.9%.
The current average value in the postcode is £396,914.
The RM7 7BS Sales Market has increased by 21.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.2% | £396,914 |
| June 2025 | 2.4% | £395,994 |
| June 2024 | 0% | £386,686 |
| June 2023 | -0.3% | £386,817 |
| June 2022 | 7.4% | £388,017 |
| June 2021 | 7% | £361,141 |
| June 2020 | 1.3% | £337,637 |
| June 2019 | -1.2% | £333,392 |
| June 2018 | 0% | £337,595 |
| June 2017 | 3% | £337,525 |
| June 2016 | 20.8% | £327,662 |
| June 2015 | 11.2% | £271,297 |
| June 2014 | 12.7% | £244,034 |
| June 2013 | 2.4% | £216,499 |
| June 2012 | 0.9% | £211,370 |
| June 2011 | 1.2% | £209,482 |
| June 2010 | 7.5% | £207,028 |
| June 2009 | -14.6% | £192,660 |
| June 2008 | 1.6% | £225,650 |
| June 2007 | 0% | £222,112 |
Rental Market Trends
The current average rental value in the postcode is £1,956.
The RM7 7BS Rental Market has increased by 47.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £1,956pcm |
| June 2025 | 0.9% | £1,894pcm |
| June 2024 | 11.2% | £1,877pcm |
| June 2023 | 15.2% | £1,688pcm |
| June 2022 | 5.4% | £1,465pcm |
| June 2021 | 3.1% | £1,389pcm |
| June 2020 | 2.5% | £1,347pcm |
| June 2019 | 0.7% | £1,313pcm |
| June 2018 | -2.5% | £1,304pcm |
| June 2017 | 0.5% | £1,338pcm |
| June 2016 | 6.8% | £1,331pcm |
| June 2015 | 9.4% | £1,246pcm |
| June 2014 | 3.5% | £1,140pcm |
| June 2013 | 5.4% | £1,101pcm |
| June 2012 | 0.9% | £1,045pcm |
| June 2011 | 5.2% | £1,036pcm |
| June 2010 | 5% | £984pcm |
| June 2009 | -5.3% | £937pcm |
| June 2008 | 8.8% | £989pcm |
| June 2007 | 0% | £909pcm |
Sales History
The last sale was on 28th March 2025 for £425,000 and since then the market in the area has increased by 1.9%. The postcode has had a total of 35 sales since 1995.
RM7 7BS has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Mar 2025£425,000 | 4 Bed House15, Oak Street, Romford, RM7 7BS15, Oak Street, Romford, RM7 7BS
- Sold Nov 2023£392,500 | 3 Bed House1, Oak Street, Romford, RM7 7BS1, Oak Street, Romford, RM7 7BS
- Sold Nov 2022£440,000 | 3 Bed House13, Oak Street, Romford, RM7 7BS13, Oak Street, Romford, RM7 7BS
- Sold Dec 2021£245,000 | 2 Bed FlatFlat 4, Wingrove Court, Oak Street, Romford, RM7 7BSFlat 4, Wingrove Court, Oak Street, Romford, RM7 7BS
- Sold Aug 2021£378,000 | 3 Bed House5, Oak Street, Romford, RM7 7BS5, Oak Street, Romford, RM7 7BS
Nearby Postcodes
RM7 7BS is the 309th largest and the 212th most expensive postcode out of the 494 postcodes in the RM7 area.
- RM7 7BH, Mawney Road, Romford, RM7RM7 7BH18 Addresses|77 m away
- RM7 7BD, Lime Close, Romford, RM7RM7 7BD11 Addresses|107 m away
- RM7 7BB, Pretoria Road, Romford, RM7RM7 7BB31 Addresses|114 m away
- RM7 7JB, Mawney Road, Romford, RM7RM7 7JB22 Addresses|115 m away
- RM7 7BJ, Mawney Road, Romford, RM7RM7 7BJ8 Addresses|116 m away
Property Types
- 2 houses of an unknown age
- 14 early-century houses built between 1912 and 1935
- 16 other addresses of unknown type
- house (2)
- early-century house (14)
- Unknown (16)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 18 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (0)
- F (0)
- C (4)
- G (0)
- D (10)
- No EPC (14)
Top 3 Most Expensive Sales
- Sold May 2024£540,000 | 4 Bed House34, Oak Street, Romford, RM7 7BA34, Oak Street, Romford, RM7 7BA
- Sold Aug 2022£495,000 | 3 Bed House38, Oak Street, Romford, RM7 7BA38, Oak Street, Romford, RM7 7BA
- Sold Dec 2022£447,000 | 3 Bed House36, Oak Street, Romford, RM7 7BA36, Oak Street, Romford, RM7 7BA
Schools Nearby
- The Mawney Foundation School500 m away
- Crowlands Primary School600 m away
- St Peter's Catholic Primary School1.0 km away
- St Edward's Church of England Academy1.1 km away
- Marshalls Park Academy1.7 km away
- The Warren School1.8 km away
More reading links
Public Transport Nearby
The closest station to RM7 7BS is Romford station, which is 1.3 kilometres away.
- Romford|1.3 km away
- Gidea Park|2.7 km away
