RM8 2GP is a residential postcode situated on Chancellor Way, Dagenham, RM8 with 64 addresses.
It ranks as the 549th largest and 40th 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 64 properties: 64 flats.
RM8 2GP is a residential postcode situated on Chancellor Way, Dagenham, RM8 with 64 addresses.
It ranks as the 549th largest and 40th 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 64 properties: 64 flats.
Sale prices range from £198,760 for 1 bedroom leasehold flats (430 ft2) to £310,295 for 3 bedroom leasehold flats (904 ft2) .
Monthly rental prices range from £1,213 pcm for 1 bed flats to £1,868 pcm for 3 bed flats.
The gross rental yield is between 7.2% and 7.8%.
The average value per square foot is £341.
The last sale in RM8 2GP sold for £84,000 on 12th January 2018. Since then prices are up an average of 8.9%.
The current average value in the postcode is £233,927.
The RM8 2GP Sales Market has increased by 15.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.2% | £233,927 |
| April 2025 | 1.7% | £234,491 |
| April 2024 | -1% | £230,602 |
| April 2023 | -1.2% | £232,917 |
| April 2022 | 7.7% | £235,628 |
| April 2021 | 3.1% | £218,731 |
| April 2020 | 2.6% | £212,179 |
| April 2019 | -3.1% | £206,733 |
| April 2018 | 1.5% | £213,248 |
| April 2017 | 4% | £210,135 |
| April 2016 | 17.9% | £202,118 |
| April 2015 | 13.4% | £171,472 |
| April 2014 | 13.9% | £151,162 |
| April 2013 | 4% | £132,706 |
| April 2012 | -0.2% | £127,583 |
| April 2011 | -2.2% | £127,842 |
| April 2010 | 4.1% | £130,698 |
| April 2009 | -15.4% | £125,558 |
| April 2008 | 5.6% | £148,388 |
| April 2007 | 0% | £140,513 |
The current average rental value in the postcode is £1,467.
The RM8 2GP Rental Market has increased by 32.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.2% | £1,467pcm |
| April 2025 | 2.9% | £1,436pcm |
| April 2024 | 12.1% | £1,396pcm |
| April 2023 | 12.7% | £1,245pcm |
| April 2022 | 1.8% | £1,105pcm |
| April 2021 | -1% | £1,085pcm |
| April 2020 | 1.6% | £1,096pcm |
| April 2019 | 0.6% | £1,079pcm |
| April 2018 | -2% | £1,073pcm |
| April 2017 | -0.8% | £1,095pcm |
| April 2016 | 7% | £1,104pcm |
| April 2015 | 9% | £1,032pcm |
| April 2014 | 4.8% | £947pcm |
| April 2013 | 5.3% | £904pcm |
| April 2012 | 5.5% | £858pcm |
| April 2011 | 4% | £814pcm |
| April 2010 | 2.4% | £782pcm |
| April 2009 | -2.8% | £764pcm |
| April 2008 | 6.6% | £786pcm |
| April 2007 | 0% | £737pcm |
The last sale was on 12th January 2018 for £84,000 and since then the market in the area has increased by 8.9%. The postcode has had a total of 1 sales since 1995.
RM8 2GP has seen no sales in the last three years and no sales in the last twelve months.
RM8 2GP is the 549th largest and the 40th most expensive postcode out of the 569 postcodes in the RM8 area.
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