Flat 22, Gidea Lodge, 220A Main Road, Romford, RM2 5HR is a leasehold flat built between 1996-2002. The property offers approximately 495 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £289,916 , which equates to approximately £586 per square foot. It was last sold on 30 Nov 2015 for £219,995. Since then, the value has increased by £69,921, representing a 31.8% increase, or approximately 3.2% per year.

The current estimated value of £289,916 is:

  • 53.5% lower than the average property price on Main Road
  • 15.2% lower than the average in the RM2 5HR postcode area
  • and 35.4% lower than the average price for Romford as a whole

At the most recent EPC inspection on 23 February 2015, the property was recorded as owner-occupied.

View sold house prices in RM2 5HR

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
495 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£289,916
Price Per sq ft (estimate)
£586
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 22, Gidea Lodge, 220A Main Road, Romford, Havering, Greater London Authority, RM2 5HR has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 23 Feb 2015.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 38% of fixed outlets
Average

Compared to RM2 5HR

26 th / 30
Price Rank
15% lower than average
16 th / 24
Size Rank
16% smaller than average
16 th / 24
Price Per Sq FT Rank
1% higher than average

Compared to other properties in RM2 5HR , this flat's estimated value ranks 26th out of 30. Based on price per square foot, it ranks 16th out of 24 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 16th out of 24 properties in its postcode area.

Sale History

Today
£289,916
streetscan.co.uk estimate
+32 %
30 Nov 2015
£219,995
Leasehold
+10 %
1 May 2015
£200,000
Leasehold
+110.5 %
2 Jun 1999
£94,995
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 495 sq ft
sale price: £295,000
sale date: 12 Apr 2022
rooms: 2
size: 495 sq ft
sale price: £295,000
sale date: 29 Sep 2020
rooms: 1
size: 474 sq ft
sale price: £280,000
sale date: 18 Apr 2019
rooms: 2
size: 495 sq ft
sale price: £225,000
sale date: 14 Dec 2016
rooms: 2
size: 506 sq ft
sale price: £212,000
sale date: 26 Aug 2016

Data Sources

The property at Flat 22, Gidea Lodge, 220A Main Road, Romford, RM2 5HR appears three times in the Land Registry records, with the latest transaction recorded on 30 Nov 2015. It also has a single Energy Performance Certificate (EPC) from 23 Feb 2015. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.