# RM1 4LB Area Summary
This Romford postcode district represents a typical segment of the outer East London property market, with 66 properties analysed showing an average price of £235,679. This price point positions RM1 4LB below the wider London average, making it an accessible option for first-time buyers and families seeking value whilst maintaining connectivity to central London. The area benefits from Romford's established transport links, including main line rail services into Liverpool Street, and the town's substantial retail and leisure amenities.
The sub-£240,000 average suggests a mix of property types, likely dominated by leasehold flats and smaller terraced houses typical of Romford's housing stock. This Havering borough location offers a more affordable entry point into the London property market compared to inner zones, whilst still providing good transport infrastructure and local facilities. The area has traditionally attracted those looking to balance London employment opportunities with more competitive property prices, though buyers should be mindful of service charges and ground rents common with leasehold properties in this price bracket.
The average house price in RM1 4LB, Romford is £235,679. Prices range from £53,500 to £518,500.
There are 66 properties in RM1 4LB, Romford.
RM1 4LB contains 32 terraced properties, 21 flat / maisonette properties, 13 semi-detached properties.
Average house prices in RM1 4LB have risen by 298.9% from £62,000 in 1995 to £247,333 in 2025.
RM1 4LB is located in Romford, Greater London, England.
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