Postcode district
RM1
Median asking price
£475K
Across 143 for-sale listings
Growth, 3 years
+4.8%
A year, annualised
Gross yield
4.1%
Indicative, from listing medians
Days on market
81
Average time on market
Investment overview
Median asking price
£475K
Average £478K, range £170K to £2.0M
Gross yield
4.1%
ModerateIndicative gross yield from listing medians
Price growth
% a year, annualised over each horizon
Market heat
Warm
81 days average time on market
Median asking rent
£1,625/mo
Of 42 to-let listings
Most common type
Flat
3 bedrooms on average
Market data
Listings
Summary
Homes listed
185
For sale and to let
Median asking price
£475K
Asking price range
£170K to £2.0M
Homes analysed
10,746
Behind the growth and area averages
For-sale listings equal 1.3% of the homes analysed.
Strategy fit
Buy to let
ModerateGross yield
4.1%
- Moderate indicative gross yield of 4.1%
- Median asking rent £2K a month
HMO
WeakMedian asking price
£475K
- High entry price (£475K) squeezes HMO returns
- 24% of households rent privately
- Most listings are flat
Flip
StrongGrowth, 3 years
+4.8% a year
- Prices rising +4.8% a year over 3 years
- 81 days average time on market
- Long-run growth of +5.4% a year over 10 years
Recent listings
The 6 most recently updated for-sale listings, a sample of 143 in RM1.
Axiom Apartments, Mercury Gardens RM1
£325,000
Flat · Seen 4 Nov 2026
Havering Drive, Romford, Essex RM1
£775,000
Semi detached · Seen 4 Nov 2026
Verve Apartments, 5 Mercury Gardens, Romford, Essex RM1
£220,000
Flat · Seen 4 Nov 2026
Rise Park Boulevard, Rise Park RM1
£575,000
Semi detached · Seen 4 Nov 2026
Parkland Avenue, Marshalls Park RM1
£600,000
Bungalow · Seen 4 Nov 2026
Marwell Close, Romford RM1
£210,000
Flat · Seen 4 Nov 2026