Flat 10 Gidea Lodge, 220a Main Road

    FLAT 10 GIDEA LODGE, 220A, MAIN ROAD, ROMFORD, RM2 5HR

    This flat/maisonette leasehold property on Main Road last sold in February 2021 for £350,000. Based on price growth in the RM2 district since then, its estimated current value is £376,045 — placing it in the 64th percentile nationally and the 28th percentile within RM2. The property covers 64 m² (689 sq ft), giving an estimated value of £5,876 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    689 sq ft

    64 m²

    Last Sale Price

    £350,000

    Feb 2021

    Estimated Valuation

    £376,045

    Est. £/sq ft

    £546/sq ft

    £5,876/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area689 sq ft (64 m²)
    EPC dateJan 2013
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Feb 2021

    £350,000

    5 Jul 2013

    £245,000

    30 Apr 1999

    New build

    £129,000

    Key Metrics

    Estimated valuation£376,045
    Value per sq ft / m²£546/sq ft (£5,876/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM2 district percentile28th percentile
    National percentile64th percentile

    District Context — RM2

    RM2 covers parts of east London, including areas around Hornchurch and Upminster in the London Borough of Havering. The district is characterised by suburban residential neighbourhoods with good transport links and a family-oriented appeal.

    Average Property Price - RM2

    £554,481

    86

    National percentile

    Average Net Household Income - RM2

    £52,919

    93

    National percentile

    10-Year Annualised Price Growth - RM2

    3.4%

    41

    National percentile

    10-Year Annualised Rent Growth - RM

    4.4%

    80

    National percentile

    View full analysis for RM2

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