RM8 2GJ is a residential postcode situated on Honour Gardens, Dagenham, RM8 with 97 addresses.
It ranks as the 568th largest and 90th most expensive of the 569 postcodes in the RM8 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 97 properties: 97 flats.
RM8 2GJ is a residential postcode situated on Honour Gardens, Dagenham, RM8 with 97 addresses.
It ranks as the 568th largest and 90th most expensive of the 569 postcodes in the RM8 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 97 properties: 97 flats.
Sale prices range from £236,937 for 2 bedroom leasehold flats with a balcony (495 ft2) to £368,009 for 3 bedroom leasehold flats with a balcony (1,054 ft2) .
Monthly rental prices range from £1,298 pcm for 2 bed flats to £1,906 pcm for 3 bed flats.
The gross rental yield is between 6.2% and 6.6%.
The average value per square foot is £393.
The last sale in RM8 2GJ sold for £247,500 on 25th April 2024. Since then prices are up an average of 3.7%.
The current average value in the postcode is £305,744.
The RM8 2GJ Sales Market has increased by 14.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.7% | £305,744 |
| April 2025 | 0.5% | £307,795 |
| April 2024 | -1.5% | £306,251 |
| April 2023 | -1.7% | £311,061 |
| April 2022 | 7.9% | £316,497 |
| April 2021 | 2.1% | £293,223 |
| April 2020 | 3.2% | £287,120 |
| April 2019 | -2.6% | £278,131 |
| April 2018 | 1.7% | £285,607 |
| April 2017 | 5.3% | £280,878 |
| April 2016 | 15.8% | £266,632 |
| April 2015 | 12.8% | £230,257 |
| April 2014 | 12.7% | £204,048 |
| April 2013 | 4.2% | £180,982 |
| April 2012 | 1.2% | £173,702 |
| April 2011 | -3.1% | £171,706 |
| April 2010 | 6.3% | £177,245 |
| April 2009 | -15% | £166,777 |
| April 2008 | 4.3% | £196,315 |
| April 2007 | 0% | £188,267 |
The current average rental value in the postcode is £1,605.
The RM8 2GJ Rental Market has increased by 32.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.8% | £1,605pcm |
| April 2025 | 1.8% | £1,576pcm |
| April 2024 | 11.1% | £1,549pcm |
| April 2023 | 12.6% | £1,394pcm |
| April 2022 | 2.2% | £1,238pcm |
| April 2021 | -1.9% | £1,211pcm |
| April 2020 | 2% | £1,234pcm |
| April 2019 | 0.8% | £1,210pcm |
| April 2018 | -1.6% | £1,200pcm |
| April 2017 | 0.4% | £1,220pcm |
| April 2016 | 5% | £1,216pcm |
| April 2015 | 8.5% | £1,157pcm |
| April 2014 | 4% | £1,066pcm |
| April 2013 | 5.3% | £1,025pcm |
| April 2012 | 7.1% | £974pcm |
| April 2011 | 3.3% | £909pcm |
| April 2010 | 4.2% | £880pcm |
| April 2009 | -2.8% | £845pcm |
| April 2008 | 5.7% | £869pcm |
| April 2007 | 0% | £822pcm |
The last sale was on 25th April 2024 for £247,500 and since then the market in the area has increased by 3.7%. The postcode has had a total of 61 sales since 1995.
RM8 2GJ has seen 1 sale in the last three years and no sales in the last twelve months.
RM8 2GJ is the 568th largest and the 90th most expensive postcode out of the 569 postcodes in the RM8 area.
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The closest station to RM8 2GJ is Upney station which is 1.4 kilometres away.
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