RM8 2GQ is a residential postcode situated on Chancellor Way, Dagenham, RM8 with 70 addresses.
It ranks as the 560th largest and 62nd 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 70 properties: 70 flats.
RM8 2GQ is a residential postcode situated on Chancellor Way, Dagenham, RM8 with 70 addresses.
It ranks as the 560th largest and 62nd 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 70 properties: 70 flats.
Sale prices range from £170,268 for 2 bedroom leasehold flats with a balcony (581 ft2) to £317,155 for 3 bedroom leasehold flats with a balcony (947 ft2) .
Monthly rental prices range from £985 pcm for 2 bed flats to £1,767 pcm for 3 bed flats.
The gross rental yield is between 6.6% and 7.0%.
The average value per square foot is £388.
The last sale in RM8 2GQ sold for £180,000 on 24th February 2026. Since then prices are up an average of 0.6%.
The current average value in the postcode is £250,559.
The RM8 2GQ Sales Market has increased by 15.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0% | £250,559 |
| April 2025 | 1.1% | £250,577 |
| April 2024 | -1.7% | £247,885 |
| April 2023 | -0.7% | £252,295 |
| April 2022 | 7.6% | £254,183 |
| April 2021 | 3.1% | £236,207 |
| April 2020 | 2.6% | £229,009 |
| April 2019 | -3.4% | £223,149 |
| April 2018 | 1.5% | £231,082 |
| April 2017 | 5% | £227,683 |
| April 2016 | 17.4% | £216,913 |
| April 2015 | 13.5% | £184,839 |
| April 2014 | 14% | £162,882 |
| April 2013 | 3.9% | £142,883 |
| April 2012 | -0.5% | £137,514 |
| April 2011 | -1.9% | £138,259 |
| April 2010 | 3.8% | £140,992 |
| April 2009 | -15.8% | £135,849 |
| April 2008 | 6.3% | £161,283 |
| April 2007 | 0% | £151,715 |
The current average rental value in the postcode is £1,428.
The RM8 2GQ Rental Market has increased by 32.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.4% | £1,428pcm |
| April 2025 | 2.3% | £1,394pcm |
| April 2024 | 11.2% | £1,363pcm |
| April 2023 | 13.2% | £1,225pcm |
| April 2022 | 1.7% | £1,083pcm |
| April 2021 | -0.9% | £1,065pcm |
| April 2020 | 1.6% | £1,074pcm |
| April 2019 | 0.2% | £1,058pcm |
| April 2018 | -2% | £1,056pcm |
| April 2017 | 0.1% | £1,078pcm |
| April 2016 | 6.5% | £1,076pcm |
| April 2015 | 9% | £1,011pcm |
| April 2014 | 4.8% | £927pcm |
| April 2013 | 5.2% | £884pcm |
| April 2012 | 5.2% | £841pcm |
| April 2011 | 4.3% | £799pcm |
| April 2010 | 2.1% | £767pcm |
| April 2009 | -3.2% | £751pcm |
| April 2008 | 7.3% | £776pcm |
| April 2007 | 0% | £723pcm |
The last sale was on 24th February 2026 for £180,000 and since then the market in the area has increased by 0.6%. The postcode has had a total of 85 sales since 1995.
RM8 2GQ has seen 4 sales in the last three years and 3 sales in the last twelve months.
RM8 2GQ is the 560th largest and the 62nd most expensive postcode out of the 569 postcodes in the RM8 area.
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