Flat 27, 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 £311,169 , which equates to approximately £628 per square foot. It was last sold on 12 Apr 2022 for £295,000. Since then, the value has increased by £16,169, representing a 5.5% increase, or approximately 1.5% per year.

The current estimated value of £311,169 is:

  • 50.1% lower than the average property price on Main Road
  • 9.0% lower than the average in the RM2 5HR postcode area
  • and 30.6% lower than the average price for Romford as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 3 June 2021, 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)
£311,169
Price Per sq ft (estimate)
£628
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 27, Gidea Lodge, 220A Main Road, Romford, Havering, Greater London, RM2 5HR has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 3 Jun 2021.

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.

The previous EPC assessment was conducted on 24 Oct 2008. The rating of B is unchanged, though the energy efficiency score decreased by 2.4%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The roof construction or insulation changed from pitched, 200mm loft insulation to pitched, 300 mm loft insulation, improving energy efficiency from good to very good.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to timber frame, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 12% of fixed outlets to low energy lighting in 90% of fixed outlets, with efficiency improving from poor to very good.
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 90% of fixed outlets
Very Good

Compared to RM2 5HR

28 th / 30
Price Rank
9% lower than average
17 th / 24
Size Rank
16% smaller than average
23 rd / 24
Price Per Sq FT Rank
9% higher than average

Compared to other properties in RM2 5HR , this flat's estimated value ranks 28th out of 30. Based on price per square foot, it ranks 23th 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 17th out of 24 properties in its postcode area.

Sale History

Today
£311,169
streetscan.co.uk estimate
+5 %
12 Apr 2022
£295,000
Leasehold
+90.3 %
25 Sep 2009
£155,000
Leasehold
+63.2 %
7 Feb 2000
£95,000
Leasehold

Area Insights

Similar Properties Sold Nearby

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
rooms: 2
size: 484 sq ft
sale price: £219,000
sale date: 2 Aug 2016

Data Sources

The property at Flat 27, Gidea Lodge, 220A Main Road, Romford, RM2 5HR appears three times in the Land Registry records, with the latest transaction recorded on 12 Apr 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Jun 2021. 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.


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