Analysis of recent property sales -- official HM Land Registry data
The average house price in RM16 (RM16 1UE) is £403,825, based on 278 transactions recorded by HM Land Registry. The median price is £389,000, giving a price range from £90,000 to £1,485,000.
| Date | Price | Type | Area |
|---|---|---|---|
| 2026-01-23 | £400,000 | S | 81.0 m² |
| 2026-01-23 | £358,000 | T | — |
| 2026-01-22 | £405,000 | S | 44.0 m² |
| 2026-01-22 | £432,500 | S | 101.0 m² |
| 2026-01-16 | £225,000 | F | — |
Standard residential rates for primary residence. Does not include surcharges for additional properties or non-UK residents.
Market Overview: RM16
RM16 saw 278 residential sales complete over the twelve-month window, a busy level of activity that makes the local price benchmarks more reliable than in thinner markets. Individual sales ranged from £90k to £1.49m, which is a normal spread for a postcode of this size.
No single property type dominates — semi-detached houses led with 32% but the mix is diverse, while terraced houses accounted for 27% and flats accounted for 18%.
The twelve-month trend is softer than it was: the median in the second half of the window was 3.5% below the first-half median. Monthly volume was fairly consistent, giving the trend line a reliable shape.
Liquidity in RM16 1UE is healthy: the high sale count makes it easier to benchmark a specific property against genuinely recent comparables rather than extrapolating from older deals. On the rental side, the estimated gross yield on a median-priced property here is around 3.7%, based on ONS regional rents.