RM7 9QJ is a residential postcode situated on London Road, Romford, RM7 with 77 addresses.
It ranks as the 488th largest and 112th most expensive of the 494 postcodes in the RM7 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 77 properties: 77 flats.
RM7 9QJ is a residential postcode situated on London Road, Romford, RM7 with 77 addresses.
It ranks as the 488th largest and 112th most expensive of the 494 postcodes in the RM7 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 77 properties: 77 flats.
Sale prices range from £215,612 for 1 bedroom leasehold flats with a balcony (419 ft2) to £428,827 for 2 bedroom leasehold flats with a balcony (1,463 ft2) .
Monthly rental prices range from £1,189 pcm for 1 bed flats to £2,343 pcm for 2 bed flats.
The gross rental yield is between 6.6% and 6.8%.
The average value per square foot is £411.
The last sale in RM7 9QJ sold for £225,000 on 16th March 2026. Since then prices are up an average of 1.5%.
The current average value in the postcode is £287,276.
The RM7 9QJ Sales Market has increased by 15.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.2% | £287,276 |
| April 2025 | 0.6% | £283,880 |
| April 2024 | -1.3% | £282,105 |
| April 2023 | 0.3% | £285,773 |
| April 2022 | 6.3% | £284,916 |
| April 2021 | 3.8% | £268,100 |
| April 2020 | 0.4% | £258,329 |
| April 2019 | -2% | £257,217 |
| April 2018 | -0.5% | £262,460 |
| April 2017 | 6.1% | £263,869 |
| April 2016 | 17.8% | £248,798 |
| April 2015 | 12.3% | £211,164 |
| April 2014 | 9.2% | £187,958 |
| April 2013 | 2.6% | £172,110 |
| April 2012 | 0.9% | £167,712 |
| April 2011 | -0.7% | £166,161 |
| April 2010 | 6.4% | £167,337 |
| April 2009 | -16.8% | £157,309 |
| April 2008 | 4.6% | £189,105 |
| April 2007 | 0% | £180,779 |
The current average rental value in the postcode is £1,593.
The RM7 9QJ Rental Market has increased by 34.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2% | £1,593pcm |
| April 2025 | 0.5% | £1,561pcm |
| April 2024 | 12.1% | £1,553pcm |
| April 2023 | 12.8% | £1,386pcm |
| April 2022 | 2.9% | £1,228pcm |
| April 2021 | 1.1% | £1,194pcm |
| April 2020 | 2.4% | £1,181pcm |
| April 2019 | -1.3% | £1,153pcm |
| April 2018 | -3.5% | £1,168pcm |
| April 2017 | 1.9% | £1,210pcm |
| April 2016 | 6.5% | £1,187pcm |
| April 2015 | 8.5% | £1,115pcm |
| April 2014 | 2.1% | £1,028pcm |
| April 2013 | 4.6% | £1,007pcm |
| April 2012 | 3% | £962pcm |
| April 2011 | 3.4% | £935pcm |
| April 2010 | 2.1% | £904pcm |
| April 2009 | -5.1% | £885pcm |
| April 2008 | 8.6% | £933pcm |
| April 2007 | 0% | £859pcm |
The last sale was on 16th March 2026 for £225,000 and since then the market in the area has increased by 1.5%. The postcode has had a total of 123 sales since 1995.
RM7 9QJ has seen 8 sales in the last three years and 3 sales in the last twelve months.
RM7 9QJ is the 488th largest and the 112th most expensive postcode out of the 494 postcodes in the RM7 area.
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