RM7 7EN is a residential postcode situated on Drummond Road, Romford, RM7 with 50 addresses.
It ranks as the 447th largest and 10th 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 50 properties: 22 houses and 28 flats.
RM7 7EN is a residential postcode situated on Drummond Road, Romford, RM7 with 50 addresses.
It ranks as the 447th largest and 10th 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 50 properties: 22 houses and 28 flats.
Sale prices range from £147,631 for 1 bedroom Leasehold flats (430 ft2) to £393,880 for 4 bedroom freehold houses with a garden (1,420 ft2) .
Monthly rental prices range from £894 pcm for 1 bed flats to £1,988 pcm for 4 bed houses.
The gross rental yield is between 6.1% and 7.4%.
The average value per square foot is £301.
The last sale in RM7 7EN sold for £475,000 on 30th June 2021. Since then prices are up an average of 14.5%.
The current average value in the postcode is £261,231.
The RM7 7EN Sales Market has increased by 16.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.8% | £261,231 |
| May 2025 | 1.7% | £259,172 |
| May 2024 | 0.1% | £254,847 |
| May 2023 | -0.6% | £254,550 |
| May 2022 | 7.5% | £256,039 |
| May 2021 | 3.5% | £238,229 |
| May 2020 | 1.4% | £230,134 |
| May 2019 | -2% | £227,023 |
| May 2018 | -0.7% | £231,771 |
| May 2017 | 4.4% | £233,398 |
| May 2016 | 20% | £223,619 |
| May 2015 | 12.2% | £186,411 |
| May 2014 | 10.2% | £166,130 |
| May 2013 | 2.8% | £150,791 |
| May 2012 | -0.4% | £146,674 |
| May 2011 | 0.5% | £147,226 |
| May 2010 | 6.6% | £146,510 |
| May 2009 | -13.9% | £137,447 |
| May 2008 | 1.9% | £159,603 |
| May 2007 | 0% | £156,562 |
The current average rental value in the postcode is £1,430.
The RM7 7EN Rental Market has increased by 44.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.7% | £1,430pcm |
| May 2025 | 1.2% | £1,392pcm |
| May 2024 | 12% | £1,376pcm |
| May 2023 | 14.5% | £1,228pcm |
| May 2022 | 4.6% | £1,073pcm |
| May 2021 | 2.9% | £1,025pcm |
| May 2020 | 2.7% | £996pcm |
| May 2019 | -0.1% | £970pcm |
| May 2018 | -2.8% | £972pcm |
| May 2017 | 0.7% | £1,000pcm |
| May 2016 | 7.7% | £993pcm |
| May 2015 | 8.8% | £922pcm |
| May 2014 | 3.1% | £847pcm |
| May 2013 | 5% | £822pcm |
| May 2012 | 1.2% | £782pcm |
| May 2011 | 5.4% | £773pcm |
| May 2010 | 3.9% | £734pcm |
| May 2009 | -4.5% | £706pcm |
| May 2008 | 8.2% | £740pcm |
| May 2007 | 0% | £683pcm |
The last sale was on 30th June 2021 for £475,000 and since then the market in the area has increased by 14.5%. The postcode has had a total of 2 sales since 1995.
RM7 7EN has seen no sales in the last three years and no sales in the last twelve months.
RM7 7EN is the 447th largest and the 10th most expensive postcode out of the 494 postcodes in the RM7 area.
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The closest station to RM7 7EN is Romford station which is 1.2 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around RM7 7EN, 88.0% of property is socially rented and 6.0% is privately owned with a mortgage.
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 7EN, 32.8% of residents are recorded as possessing school level qualifications and 22.1% 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 7EN, the average age was 37 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 7EN, 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 7EN, there are an average of 0.8 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.