Flat 8, Gidea Lodge, 220A Main Road, Romford, RM2 5HR is a leasehold flat built between 1996-2002. The property offers approximately 484 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £253,841 , which equates to approximately £524 per square foot. It was last sold on 2 Aug 2016 for £219,000. Since then, the value has increased by £34,841, representing a 15.9% increase, or approximately 1.7% per year.

The current estimated value of £253,841 is:

  • 59.3% lower than the average property price on Main Road
  • 25.8% lower than the average in the RM2 5HR postcode area
  • and 43.4% lower than the average price for Romford as a whole

At the most recent EPC inspection on 29 February 2016, 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
484 sq ft
Tenure
Leasehold
Price (estimate)
£253,841
Price Per sq ft (estimate)
£524
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 8, Gidea Lodge, 220A Main Road, Romford, Havering, Greater London Authority, RM2 5HR has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 29 Feb 2016.

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
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to RM2 5HR

27 th / 30
Price Rank
26% lower than average
23 rd / 24
Size Rank
18% smaller than average
19 th / 24
Price Per Sq FT Rank
9% lower than average

Compared to other properties in RM2 5HR , this flat's estimated value ranks 27th out of 30. Based on price per square foot, it ranks 19th 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 23th out of 24 properties in its postcode area.

Sale History

Today
£253,841
streetscan.co.uk estimate
+16 %
2 Aug 2016
£219,000
Leasehold
+125.8 %
31 Jan 2000
£97,000
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 8, Gidea Lodge, 220A Main Road, Romford, RM2 5HR appears two times in the Land Registry records, with the latest transaction recorded on 2 Aug 2016. It also has a single Energy Performance Certificate (EPC) from 29 Feb 2016. 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.