Average asking price
£375k
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 6.6%, 46% above the UK average, ranking #2 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 | £200k | £1,350 | 8.1% | 58 / 9 |
| 2 | £350k | £1,750 | 6.0% | 65 / 7 |
| 3 | £425k | £2,100 | 5.9% | 97 / 26 |
| 4 | £550k | £3,500 | 7.6% | 27 / 8 |
| 5+ | £720k | £3,450 | — | 13 / 2 |
| District | Avg buy | Avg rent | Yield | |
|---|---|---|---|---|
| RM19 | £200k | £1,400 | 8.4% | 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 |
| RM17 | £270k | £1,250 | 5.6% | Compare |