3 Gidea Avenue

    3, GIDEA AVENUE, ROMFORD, RM2 5NL

    This detached freehold property on Gidea Avenue last sold in May 2022 for £1,400,000. Based on price growth in the RM2 district since then, its estimated current value is £1,422,066 — placing it in the 98th percentile nationally and the 99th percentile within RM2. The property covers 259 m² (2,788 sq ft), giving an estimated value of £5,491 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,788 sq ft

    259 m²

    Last Sale Price

    £1,400,000

    May 2022

    Estimated Valuation

    £1,422,066

    Est. £/sq ft

    £510/sq ft

    £5,491/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms12
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area2,788 sq ft (259 m²)
    EPC dateOct 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingWarm air, mains gas

    Transaction History

    24 May 2022

    £1,400,000

    29 Sept 2000

    £412,000

    Key Metrics

    Estimated valuation£1,422,066
    Value per sq ft / m²£510/sq ft (£5,491/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM2 district percentile99th percentile
    National percentile98th 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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