Palm Road - RM7 7BX
Key Postcode Insights
RM7 7BX is a residential postcode situated on Palm Road, Romford, RM7 with 11 addresses.
It ranks as the 114th largest and 491st 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 11 properties: 11 houses.
- Ave. Sale Price
- £606,697
- 10 Year change
- up 27.8%
- Ave. Rental Price
- £2,649pcm
- 10 Year change
- up 55.1%
- Ave. £ per ft²
- £544/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Key Postcode Insights
RM7 7BX is a residential postcode situated on Palm Road, Romford, RM7 with 11 addresses.
It ranks as the 114th largest and 491st 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 11 properties: 11 houses.
- Ave. Sale Price
- £606,697
- 10 Year change
- up 27.8%
- Ave. Rental Price
- £2,649pcm
- 10 Year change
- up 55.1%
- Ave. £ per ft²
- £544/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Explore Propertiesin RM7 7BX
- 1A Palm Road
Unknown
- 1B Palm Road
3 Bed Mid-century House
- 1 Palm Road
4 Bed Period House
- 2A Palm Road
Unknown
- 2B Palm Road
Unknown
Sales Market Trends
The last sale in RM7 7BX sold for £630,000 on 1st October 2024. Since then prices are up an average of 2.8%.
The current average value in the postcode is £606,697.
The RM7 7BX Sales Market has increased by 27.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.3% | £606,697 |
| June 2025 | 2.8% | £608,726 |
| June 2024 | -0.6% | £592,039 |
| June 2023 | 0.5% | £595,738 |
| June 2022 | 9.1% | £592,641 |
| June 2021 | 8.5% | £543,376 |
| June 2020 | 1.5% | £500,977 |
| June 2019 | -0.5% | £493,735 |
| June 2018 | 1% | £495,976 |
| June 2017 | 3.4% | £491,050 |
| June 2016 | 20.3% | £474,748 |
| June 2015 | 10.9% | £394,758 |
| June 2014 | 13% | £356,004 |
| June 2013 | 2.6% | £314,961 |
| June 2012 | 1.5% | £306,876 |
| June 2011 | 1.9% | £302,321 |
| June 2010 | 10.3% | £296,795 |
| June 2009 | -13% | £269,005 |
| June 2008 | 0.8% | £309,182 |
| June 2007 | 0% | £306,650 |
Rental Market Trends
The current average rental value in the postcode is £2,649.
The RM7 7BX Rental Market has increased by 55.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £2,649pcm |
| June 2025 | 1.3% | £2,579pcm |
| June 2024 | 10.6% | £2,546pcm |
| June 2023 | 16.2% | £2,303pcm |
| June 2022 | 7% | £1,982pcm |
| June 2021 | 4.6% | £1,852pcm |
| June 2020 | 2.7% | £1,771pcm |
| June 2019 | 1.5% | £1,724pcm |
| June 2018 | -1.5% | £1,698pcm |
| June 2017 | 0.9% | £1,724pcm |
| June 2016 | 6.3% | £1,708pcm |
| June 2015 | 9.1% | £1,607pcm |
| June 2014 | 3.8% | £1,473pcm |
| June 2013 | 5.6% | £1,419pcm |
| June 2012 | 1.5% | £1,344pcm |
| June 2011 | 6% | £1,324pcm |
| June 2010 | 7.8% | £1,250pcm |
| June 2009 | -3.5% | £1,159pcm |
| June 2008 | 8% | £1,201pcm |
| June 2007 | 0% | £1,112pcm |
Sales History
The last sale was on 1st October 2024 for £630,000 and since then the market in the area has increased by 2.8%. The postcode has had a total of 4 sales since 1995.
RM7 7BX has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Oct 2024£630,000 | 4 Bed House1, Palm Road, Romford, RM7 7BX1, Palm Road, Romford, RM7 7BX
- Sold Nov 2018£402,000 | 3 Bed House1B, Palm Road, Romford, RM7 7BX1B, Palm Road, Romford, RM7 7BX
- Sold Sep 2001£163,500 | 3 Bed House1B, Palm Road, Romford, RM7 7BX1B, Palm Road, Romford, RM7 7BX
- Sold Jan 1996£70,000 | 4 Bed House6, Palm Road, Romford, RM7 7BX6, Palm Road, Romford, RM7 7BX
Nearby Postcodes
RM7 7BX is the 114th largest and the 491st most expensive postcode out of the 494 postcodes in the RM7 area.
- RM7 7JE, Mawney Road, Romford, RM7RM7 7JE29 Addresses|53 m away
- RM7 7HU, Mawney Road, Romford, RM7RM7 7HU8 Addresses|98 m away
- RM7 7DB, Mildmay Road, Romford, RM7RM7 7DB24 Addresses|99 m away
- RM7 7BF, Honey Mews, Romford, RM7RM7 7BF3 Addresses|100 m away
- RM7 7BU, Mildmay Road, Romford, RM7RM7 7BU24 Addresses|107 m away
Property Types
- 3 period houses built between 1800 and 1911
- 1 mid-century house built between 1936 and 1979
- 7 other addresses of unknown type
- period house (3)
- mid-century house (1)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (1)
- C (0)
- G (0)
- D (2)
- No EPC (7)
Top 3 Most Expensive Sales
Schools Nearby
- The Mawney Foundation School300 m away
- Crowlands Primary School600 m away
- Concordia Academy900 m away
- St Edward's Church of England Academy1.2 km away
- Marshalls Park Academy1.7 km away
- The Warren School1.9 km away
More reading links
Public Transport Nearby
The closest station to RM7 7BX is Romford station, which is 1.1 kilometres away.
- Romford|1.1 km away
- Gidea Park|2.6 km away
