Essex Road - RM7 8AX
Key Postcode Insights
RM7 8AX is a residential postcode situated on Essex Road, Romford, RM7 with 45 addresses.
It ranks as the 428th largest and 326th 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 45 properties: 43 houses and 2 flats.
- Ave. Sale Price
- £448,897
- 10 Year change
- up 22.0%
- Ave. Rental Price
- £2,072pcm
- 10 Year change
- up 48.0%
- Ave. £ per ft²
- £505/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Key Postcode Insights
RM7 8AX is a residential postcode situated on Essex Road, Romford, RM7 with 45 addresses.
It ranks as the 428th largest and 326th 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 45 properties: 43 houses and 2 flats.
- Ave. Sale Price
- £448,897
- 10 Year change
- up 22.0%
- Ave. Rental Price
- £2,072pcm
- 10 Year change
- up 48.0%
- Ave. £ per ft²
- £505/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Explore Propertiesin RM7 8AX
- 48 Essex Road
3 Bed Early-century House
- 50 Essex Road
4 Bed Modern House
- 52 Essex Road
4 Bed Early-century House
- 54 Essex Road
3 Bed Mid-century House
- 66 Essex Road
3 Bed House
Sales Market Trends
The last sale in RM7 8AX sold for £301,000 on 18th December 2024. Since then prices are up an average of 2.2%.
The current average value in the postcode is £448,897.
The RM7 8AX Sales Market has increased by 22.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.1% | £448,897 |
| June 2025 | 2.2% | £449,253 |
| June 2024 | -0.1% | £439,483 |
| June 2023 | -0.2% | £439,758 |
| June 2022 | 8.3% | £440,846 |
| June 2021 | 6% | £407,001 |
| June 2020 | 1.6% | £383,897 |
| June 2019 | -0.9% | £377,919 |
| June 2018 | 0.3% | £381,359 |
| June 2017 | 3.4% | £380,353 |
| June 2016 | 19.4% | £367,958 |
| June 2015 | 11.7% | £308,169 |
| June 2014 | 12.5% | £275,909 |
| June 2013 | 2.9% | £245,207 |
| June 2012 | 0.8% | £238,308 |
| June 2011 | 0.9% | £236,352 |
| June 2010 | 8.3% | £234,308 |
| June 2009 | -13.3% | £216,417 |
| June 2008 | 0.8% | £249,480 |
| June 2007 | 0% | £247,504 |
Rental Market Trends
The current average rental value in the postcode is £2,072.
The RM7 8AX Rental Market has increased by 48.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £2,072pcm |
| June 2025 | 1.9% | £2,016pcm |
| June 2024 | 9.7% | £1,978pcm |
| June 2023 | 15.6% | £1,803pcm |
| June 2022 | 6.3% | £1,560pcm |
| June 2021 | 2.8% | £1,468pcm |
| June 2020 | 2.5% | £1,428pcm |
| June 2019 | 1.3% | £1,393pcm |
| June 2018 | -1.7% | £1,375pcm |
| June 2017 | -0.1% | £1,399pcm |
| June 2016 | 6.6% | £1,400pcm |
| June 2015 | 8.6% | £1,313pcm |
| June 2014 | 4.9% | £1,209pcm |
| June 2013 | 5.3% | £1,153pcm |
| June 2012 | 1.8% | £1,095pcm |
| June 2011 | 6% | £1,076pcm |
| June 2010 | 5.6% | £1,015pcm |
| June 2009 | -4.7% | £962pcm |
| June 2008 | 8.5% | £1,009pcm |
| June 2007 | 0% | £930pcm |
Sales History
The last sale was on 18th December 2024 for £301,000 and since then the market in the area has increased by 2.2%. The postcode has had a total of 56 sales since 1995.
RM7 8AX has seen 5 sales in the last three years and no sales in the last twelve months.
- Sold Dec 2024£301,000 | 2 Bed FlatFlat 1, 84, Essex Road, Romford, RM7 8AXFlat 1, 84, Essex Road, Romford, RM7 8AX
- Sold Mar 2024£420,000 | 3 Bed House108, Essex Road, Romford, RM7 8AX108, Essex Road, Romford, RM7 8AX
- Sold Nov 2023£485,000 | 3 Bed House82, Essex Road, Romford, RM7 8AX82, Essex Road, Romford, RM7 8AX
- Sold Mar 2023£430,000 | 3 Bed House78, Essex Road, Romford, RM7 8AX78, Essex Road, Romford, RM7 8AX
- Sold Feb 2023£300,000 | 3 Bed House108, Essex Road, Romford, RM7 8AX108, Essex Road, Romford, RM7 8AX
Nearby Postcodes
RM7 8AX is the 428th largest and the 326th most expensive postcode out of the 494 postcodes in the RM7 area.
- RM7 8BB, Essex Road, Romford, RM7RM7 8BB41 Addresses|61 m away
- RM7 8BA, Burleigh Close, Romford, RM7RM7 8BA23 Addresses|87 m away
- RM7 8EB, Silver Way, Romford, RM7RM7 8EB10 Addresses|90 m away
- RM7 8EX, Silver Way, Romford, RM7RM7 8EX37 Addresses|94 m away
- RM7 8EQ, Toby Way, Romford, RM7RM7 8EQ5 Addresses|115 m away
Property Types
- 2 modern houses built after 1980
- 5 mid-century houses built between 1936 and 1979
- 2 mid-century flats built between 1936 and 1979
- 2 houses of an unknown age
- 20 early-century houses built between 1912 and 1935
- 14 other addresses of unknown type
- modern house (2)
- mid-century house (5)
- mid-century flat (2)
- house (2)
- early-century house (20)
- Unknown (14)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 29 properties.
- The most common rating is D.
- A (0)
- E (6)
- B (0)
- F (0)
- C (6)
- G (1)
- D (16)
- No EPC (16)
Top 3 Most Expensive Sales
- Sold Jan 2024£570,000 | 4 Bed House49, Essex Road, Romford, RM7 8BE49, Essex Road, Romford, RM7 8BE
- Sold Aug 2021£550,000 | 4 Bed House137, Essex Road, Romford, RM7 8BB137, Essex Road, Romford, RM7 8BB
- Sold Jul 2025£535,000 | 4 Bed House79, Essex Road, Romford, RM7 8BB79, Essex Road, Romford, RM7 8BB
Schools Nearby
- Crownfield Junior School800 m away
- Crownfield Infant School800 m away
- Parklands Primary School1.2 km away
- St Edward's Church of England Academy1.3 km away
- The Warren School1.4 km away
- Marshalls Park Academy1.9 km away
More reading links
Public Transport Nearby
The closest station to RM7 8AX is Romford station, which is 2.1 kilometres away.
- Romford|2.1 km away
- Chadwell Heath|2.6 km away
