Flat 8 Gidea Lodge, 220a Main Road

    FLAT 8 GIDEA LODGE, 220A, MAIN ROAD, ROMFORD, RM2 5HR

    This flat/maisonette leasehold property on Main Road last sold in August 2016 for £219,000. Based on price growth in the RM2 district since then, its estimated current value is £251,883 — placing it in the 38th percentile nationally and the 9th percentile within RM2. The property covers 45 m² (484 sq ft), giving an estimated value of £5,597 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    484 sq ft

    45 m²

    Last Sale Price

    £219,000

    Aug 2016

    Estimated Valuation

    £251,883

    Est. £/sq ft

    £520/sq ft

    £5,597/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area484 sq ft (45 m²)
    EPC dateMar 2016
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Aug 2016

    £219,000

    31 Jan 2000

    New build

    £97,000

    Key Metrics

    Estimated valuation£251,883
    Value per sq ft / m²£520/sq ft (£5,597/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM2 district percentile9th percentile
    National percentile38th 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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