Residential dwellings
10,429
Addressable residential units in the area (OS AddressBase).
RM1 rents and yields
Asking rent £1,638/month · Gross yield 4.5% · 12 months, listings to Sep 2026
What is RM1?
RM1: residential dwellings 10,429.
HMO-shaped dwellings
1.6%
RM1 has the highest HMO-shaped dwellings of the 9 neighbouring postcode districts compared.
Share of dwellings OS AddressBase classifies RH01/RH02/RH03: laid out as a house in multiple occupation. A statement about built form, not about a licence.
- Buildings
- 7,038
- Mixed-use buildings
- 2.5%
- HMO-shaped units
- 1.4%
- EPC A or B
- 14%
- EPC D or worse
- 53%
What does RM1 earn?
RM1: asking rent £1,638/month (12 months to Sep 2026, 243 lets).
Asking rent
£1,638/month 12 months to Sep 2026
243 lets
Median asking rent per calendar month of residential lettings in the month, from portal listings. Asking, not achieved. 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 243 lets.
Gross yield, asking basis
4.5% 12 months to Sep 2026
542 lets
-10.7% on the previous 12 months.
Cell asking rent × 12 over the same cell's asking sale price, before costs, voids and finance (cells with fewer than 5 dated listings are not built). 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 542 lets.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
162 on 4 Nov 2026
Count of live residential lettings on the day, from portal listings; observed forwards from 5 Sep 2026. The count on 4 Nov 2026; the daily series began on 5 Sep 2026, so no change over a year is stated.
How does RM1 vary by home size?
Asking rent in RM1 runs from £1,342/month for 1 bedroom to £1,650/month for 2 bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £1,342/month | 12 months to Sep 2026 | +0.2% on the previous 12 months | 186 |
| 2 bedrooms | £1,650/month | 12 months to Sep 2026 | +0% on the previous 12 months | 240 |
| 3 bedrooms | Not published | — | — | — |
| 4 bedrooms | Not published | — | — | — |
| 5+ bedrooms | Not published | — | — | — |
Asking rent per calendar month by bedroom band: the monthly medians of lettings that came to market, weighted by their dated listings, within the last 12 calendar months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
Who owns RM1?
Corporate landlords hold 73% of the 386 units in RM1 whose freeholder is classified; 97% of all units are not yet classified.
- Corporate landlords73% of classified · 282 units
- Individuals (not traceable in bulk)17% of classified · 65 units
- Housing associations9.1% of classified · 35 units
- RMC0.8% of classified · 3 units
- Offshore companies0.3% of classified · 1 units
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Where does RM1 rank?
RM1 ranks 9th of 9 postcode districts in Havering for asking rent, at £1,638/month.
Asking rent · postcode districts in Havering
RM1 ranks 9th of 9 postcode districts in Havering for asking rent, at £1,638/month.
| # | Area | Asking rent | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | RM14 | £2,096/month | 12 months to Sep 2026 · from monthly figures | 87 | indicative |
| 2 | RM11 | £2,086/month | 12 months to Sep 2026 · from monthly figures | 190 | measured |
| 3 | RM5 | £2,039/month | 12 months to Sep 2026 · from monthly figures | 93 | measured |
| 4 | RM3 | £2,015/month | 12 months to Sep 2026 · from monthly figures | 229 | measured |
| 5 | RM13 | £1,924/month | 12 months to Sep 2026 · from monthly figures | 215 | measured |
| 9 | RM1 | £1,638/month | 12 months to Sep 2026 · from monthly figures | 243 | measured |
Full table: asking rent across postcode districts in Havering
Gross yield, asking basis · postcode districts in Havering
RM1 ranks 5th of 9 postcode districts in Havering for gross yield, asking basis, at 4.5%.
| # | Area | Gross yield, asking basis | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | RM3 | 5.9% | 12 months to Sep 2026 · from monthly figures | 439 | measured |
| 2 | RM5 | 5.4% | 12 months to Sep 2026 · from monthly figures | 148 | measured |
| 3 | RM13 | 5.0% | 12 months to Sep 2026 · from monthly figures | 371 | measured |
| 4 | RM7 | 5.0% | 12 months to Sep 2026 · from monthly figures | 470 | measured |
| 5 | RM1 | 4.5% | 12 months to Sep 2026 · from monthly figures | 542 | measured |
Full table: gross yield, asking basis across postcode districts in Havering
Where next from RM1?
- HaveringThe wider market this area sits in.
- RM11Neighbouring postcode district · Asking £6,101/m² · Sep 2026
- RM12Neighbouring postcode district · Asking £5,557/m² · Sep 2026
- RM13Neighbouring postcode district · Asking £4,985/m² · Sep 2026
- RM14Neighbouring postcode district · Asking £5,920/m² · Sep 2026
- RM2Neighbouring postcode district · Asking £5,935/m² · Sep 2026
- RM3Neighbouring postcode district · Asking £5,220/m² · Sep 2026
- RM5Neighbouring postcode district · Asking £5,350/m² · Sep 2026
- RM7Neighbouring postcode district · Asking £5,167/m² · Sep 2026
- RM4Next door, in another authority · Asking £5,690/m² · Sep 2026
- RM6Next door, in another authority · Asking £4,998/m² · Sep 2026
- RM10Next door, in another authority · Asking £5,230/m² · Sep 2026
- RM8Next door, in another authority · Asking £5,870/m² · Sep 2026
- IG7Next door, in another authority · Asking £6,191/m² · Sep 2026
Questions about RM1
- What is the average rent in RM1?
- Homes to let in RM1 asked a median £1,638/month over the 12 months to Sep 2026, 243 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in RM1?
- 4.5% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Sep 2026, 542 lets. -10.7% on the previous 12 months.
- What kind of homes are in RM1?
- RM1 has 10,429 homes, 1.6% laid out as houses in multiple occupation.
Construction costs Context for residential research
Sector and regional evidence. These figures are not a quote for an individual property.
Reading the cost index and the regional factors…
Everything else about RM1
- Property values in RM1Every addressable home with its floor area, tenure and last recorded sale.
- Land and development sites in RM1Registered land with its area, tenure and what stands on it.
- Houses and flats for sale in RM1What is on the market right now, with the evidence beside each asking price.
- Flats and houses to rent in RM1What is available to rent, with the recorded rent and yield beside each asking price.
- Sold house prices in RM1Registered completions from Price Paid, newest first.
- Planning applications in RM1What was proposed, who decided it and whether it was approved.
- Estate agents in RM1Who actually lists here, ranked by volume over 12 months.
Where these figures come from
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Residential dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| HMO-shaped dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| Asking rent | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 243 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 542 lets |
| Homes to rent | Portal listings; observed forwards from 5 Sep 2026 | on 4 Nov 2026 | 4 Nov 2026 | — |