Average asking price
£400k
UK avg £340k
Postcode district in Romford, part of the RM postcode area
General / family area · 10.5km from The University of East London
RM7 has a gross rental yield of 5.5%, 21% above the UK average, ranking #9 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 | £140k | £1,542 | — | 1 / 1 |
| 1 | £200k | £1,425 | 8.6% | 29 / 8 |
| 2 | £300k | £1,800 | 7.2% | 54 / 13 |
| 3 | £450k | £2,100 | 5.6% | 66 / 12 |
| 4 | £550k | £2,400 | 5.2% | 20 / 8 |
| 5+ | £638k | — | — | 6 / 0 |
| District | Avg buy | Avg rent | Yield | |
|---|---|---|---|---|
| RM17 | £250k | £1,400 | 6.7% | Compare |
| RM19 | £215k | £1,200 | 6.7% | Compare |
| RM3 | £400k | £2,100 | 6.3% | 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 |
New areas, new features, and the biggest market movers, straight to your inbox. No spam.