4.0% Below average
Rental Yield in RM3 — ROMFORD
Rent data based on Havering local authority median. Our methodology
Below average ↑ above London average (3.5%)
· ↑ above England average (3.6%)
£395,000
Median Price
£1,300
Monthly Rent
4.0%
Gross Yield
1,434
Transactions (3yr)
Price by Property Type
| Type | Median Price | Sales |
|---|---|---|
| Detached | £523,000 | 78 |
| Semi-detached | £440,000 | 400 |
| Terraced | £395,000 | 606 |
| Flat | £246,000 | 315 |
| Other | £691,000 | 35 |
Compare Nearby Postcodes
Compare RM3 side by side →RM3 is part of Havering. View all postcode districts in Havering.
Frequently Asked Questions
What is the rental yield in RM3?
RM3 has a gross rental yield of 4.0%. The median property price is £395,000 with typical monthly rents of £1,300, based on Land Registry and VOA data.
Is RM3 a good area for buy-to-let?
RM3 yields 4.0%, above the England average of 3.6%. With 1,434 transactions over 3 years, the data is reliable.
What is the median property price in RM3?
The median property price in RM3 is £395,000, based on 1,434 Land Registry transactions over 3 years. This compares to £426,000 across Havering as a whole.
Data updated quarterly · Last update: Q1 2026