Flat 3 Gidea Lodge, 220a Main Road

    FLAT 3 GIDEA LODGE, 220A, MAIN ROAD, ROMFORD, RM2 5HR

    This flat/maisonette leasehold property on Main Road last sold in March 2021 for £345,000. Based on price growth in the RM2 district since then, its estimated current value is £370,673 — placing it in the 63rd percentile nationally and the 27th percentile within RM2. The property covers 46 m² (495 sq ft), giving an estimated value of £8,058 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    495 sq ft

    46 m²

    Last Sale Price

    £345,000

    Mar 2021

    Estimated Valuation

    £370,673

    Est. £/sq ft

    £749/sq ft

    £8,058/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area495 sq ft (46 m²)
    EPC dateFeb 2015
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Mar 2021

    £345,000

    23 Mar 2011

    £230,000

    28 May 2010

    £208,000

    14 Dec 1998

    New build

    £127,500

    Key Metrics

    Estimated valuation£370,673
    Value per sq ft / m²£749/sq ft (£8,058/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM2 district percentile27th percentile
    National percentile63rd 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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