Average asking price
£425k
UK avg £340k
Postcode district in Romford, part of the RM postcode area
General / family area · 11.7km from The University of East London
RM1 has a gross rental yield of 4.5%, 0% above the UK average, ranking #13 of 20 RM postcode districts by yield.
Estimate only, for England/Northern Ireland SDLT rates. Assumes an interest-only mortgage and doesn't account for insurance, maintenance, voids, or other running costs. Not financial advice.
| Bedrooms | Avg buy | Avg rent | Yield | Sampled |
|---|---|---|---|---|
| Studio | £220k | £950 | — | 1 / 2 |
| 1 | £200k | £1,400 | 8.4% | 34 / 14 |
| 2 | £272k | £1,625 | 7.2% | 60 / 22 |
| 3 | £525k | £2,100 | 4.8% | 39 / 5 |
| 4 | £675k | £2,650 | 4.7% | 34 / 5 |
| 5+ | £735k | £6,300 | — | 11 / 2 |
| District | Avg buy | Avg rent | Yield | |
|---|---|---|---|---|
| RM19 | £200k | £1,400 | 8.4% | Compare |
| RM3 | £375k | £2,050 | 6.6% | Compare |
| RM20 | £295k | £1,600 | 6.5% | Compare |
| RM15 | £330k | £1,725 | 6.3% | Compare |
| RM9 | £375k | £1,850 | 5.9% | Compare |
| RM5 | £450k | £2,200 | 5.9% | Compare |
| RM8 | £375k | £1,825 | 5.8% | Compare |
| RM10 | £375k | £1,800 | 5.8% | Compare |