Flat 19 Gidea Lodge, 220a Main Road

    FLAT 19 GIDEA LODGE, 220A, MAIN ROAD, ROMFORD, RM2 5HR

    This flat/maisonette leasehold property on Main Road last sold in August 2020 for £345,000. Based on price growth in the RM2 district since then, its estimated current value is £333,935 — placing it in the 56th percentile nationally and the 23rd percentile within RM2. The property covers 70 m² (753 sq ft), giving an estimated value of £4,771 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    753 sq ft

    70 m²

    Last Sale Price

    £345,000

    Aug 2020

    Estimated Valuation

    £333,935

    Est. £/sq ft

    £443/sq ft

    £4,771/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 area753 sq ft (70 m²)
    EPC dateFeb 2020
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Aug 2020

    £345,000

    18 Feb 2010

    £220,000

    18 Dec 1998

    New build

    £139,000

    Key Metrics

    Estimated valuation£333,935
    Value per sq ft / m²£443/sq ft (£4,771/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM2 district percentile23rd percentile
    National percentile56th 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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