Flat 16 Gidea Lodge, 220a Main Road

    FLAT 16 GIDEA LODGE, 220A, MAIN ROAD, ROMFORD, RM2 5HR

    This flat/maisonette leasehold property on Main Road last sold in October 2014 for £190,000. Based on price growth in the RM2 district since then, its estimated current value is £281,376 — placing it in the 45th percentile nationally and the 14th percentile within RM2. The property covers 56 m² (603 sq ft), giving an estimated value of £5,025 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £190,000

    Oct 2014

    Estimated Valuation

    £281,376

    Est. £/sq ft

    £467/sq ft

    £5,025/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area603 sq ft (56 m²)
    EPC dateJan 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Oct 2014

    £190,000

    14 Feb 2011

    £165,000

    17 Jun 2010

    £155,000

    1 Jun 1999

    New build

    £98,500

    Key Metrics

    Estimated valuation£281,376
    Value per sq ft / m²£467/sq ft (£5,025/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM2 district percentile14th percentile
    National percentile45th 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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