RM7 9HB is a residential postcode situated on Jutsums Lane, Romford, RM7 with 6 addresses.
It ranks as the 55th largest and 110th 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 6 properties: 6 flats.
RM7 9HB is a residential postcode situated on Jutsums Lane, Romford, RM7 with 6 addresses.
It ranks as the 55th largest and 110th 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 6 properties: 6 flats.
Sale prices range from £273,758 for 2 bedroom leasehold flats (559 ft2) to £287,556 for 2 bedroom leasehold flats (613 ft2) .
Monthly rental prices range from £1,450 pcm for 2 bed flats to £1,516 pcm for 2 bed flats.
The gross rental yield is between 6.3% and 6.4%.
The average value per square foot is £479.
The last sale in RM7 9HB sold for £250,000 on 10th October 2018. Since then prices are up an average of 13.0%.
The current average value in the postcode is £280,219.
The RM7 9HB Sales Market has increased by 16.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.6% | £280,219 |
| April 2025 | 1.2% | £273,095 |
| April 2024 | 0.4% | £269,934 |
| April 2023 | 0.1% | £268,860 |
| April 2022 | 5.4% | £268,610 |
| April 2021 | 4.1% | £254,798 |
| April 2020 | 0.7% | £244,811 |
| April 2019 | -3.2% | £243,124 |
| April 2018 | -0.8% | £251,083 |
| April 2017 | 5.3% | £253,103 |
| April 2016 | 20.4% | £240,409 |
| April 2015 | 13.1% | £199,695 |
| April 2014 | 9.6% | £176,511 |
| April 2013 | 2.4% | £161,100 |
| April 2012 | -1.7% | £157,341 |
| April 2011 | 0.9% | £160,128 |
| April 2010 | 3.3% | £158,696 |
| April 2009 | -16.6% | £153,664 |
| April 2008 | 5.6% | £184,178 |
| April 2007 | 0% | £174,336 |
The current average rental value in the postcode is £1,481.
The RM7 9HB Rental Market has increased by 36.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.8% | £1,481pcm |
| April 2025 | 1.5% | £1,427pcm |
| April 2024 | 13.8% | £1,406pcm |
| April 2023 | 12.6% | £1,236pcm |
| April 2022 | 2% | £1,097pcm |
| April 2021 | 1.5% | £1,075pcm |
| April 2020 | 2.6% | £1,060pcm |
| April 2019 | -1.9% | £1,033pcm |
| April 2018 | -3.8% | £1,053pcm |
| April 2017 | 0.7% | £1,095pcm |
| April 2016 | 8.9% | £1,087pcm |
| April 2015 | 9.2% | £998pcm |
| April 2014 | 2.4% | £915pcm |
| April 2013 | 4.2% | £893pcm |
| April 2012 | 0.9% | £857pcm |
| April 2011 | 5.2% | £850pcm |
| April 2010 | -0.4% | £808pcm |
| April 2009 | -4.8% | £811pcm |
| April 2008 | 9.6% | £852pcm |
| April 2007 | 0% | £778pcm |
The last sale was on 10th October 2018 for £250,000 and since then the market in the area has increased by 13.0%. The postcode has had a total of 12 sales since 1995.
RM7 9HB has seen no sales in the last three years and no sales in the last twelve months.
RM7 9HB is the 55th largest and the 110th most expensive postcode out of the 494 postcodes in the RM7 area.
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The closest station to RM7 9HB is Romford station which is 1.6 kilometres away.
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