Average asking price
£400k
UK avg £340k
Postcode district in Romford, part of the RM postcode area
General / family area · 15.3km from The University of East London
RM3 has a gross rental yield of 6.3%, 37% above the UK average, ranking #3 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 |
|---|---|---|---|---|
| 1 | £244k | £1,298 | 6.4% | 52 / 6 |
| 2 | £350k | £1,850 | 6.3% | 62 / 9 |
| 3 | £425k | £2,150 | 6.1% | 96 / 21 |
| 4 | £582k | £2,900 | 6.0% | 28 / 5 |
| 5+ | £685k | £2,500 | 4.4% | 16 / 5 |
| District | Avg buy | Avg rent | Yield | |
|---|---|---|---|---|
| RM17 | £250k | £1,400 | 6.7% | Compare |
| RM19 | £215k | £1,200 | 6.7% | Compare |
| RM20 | £300k | £1,550 | 6.2% | Compare |
| RM10 | £375k | £1,900 | 6.1% | Compare |
| RM9 | £375k | £1,888 | 6.0% | Compare |
| RM8 | £375k | £1,875 | 6.0% | Compare |
| RM15 | £325k | £1,575 | 5.8% | Compare |
| RM7 | £400k | £1,850 | 5.5% | Compare |
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