Flat 28 Gidea Lodge, 220a Main Road

    FLAT 28 GIDEA LODGE, 220A, MAIN ROAD, ROMFORD, RM2 5HR

    This flat/maisonette leasehold property on Main Road last sold in December 2016 for £225,000. Based on price growth in the RM2 district since then, its estimated current value is £258,784 — placing it in the 40th percentile nationally and the 9th percentile within RM2. The property covers 46 m² (495 sq ft), giving an estimated value of £5,626 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    495 sq ft

    46 m²

    Last Sale Price

    £225,000

    Dec 2016

    Estimated Valuation

    £258,784

    Est. £/sq ft

    £523/sq ft

    £5,626/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area495 sq ft (46 m²)
    EPC dateSept 2016
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Dec 2016

    £225,000

    29 Jan 1999

    New build

    £96,995

    Key Metrics

    Estimated valuation£258,784
    Value per sq ft / m²£523/sq ft (£5,626/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM2 district percentile9th percentile
    National percentile40th 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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