248, Main Road - RM2 5EU
Key Building Insights
248, Main Road is a residential building situated on Main Road, Romford, RM2 with 2 addresses.
It ranks as the 82nd largest and 145th most expensive of the 265 buildings in the RM2 area. The most common property type is a early-century flat built between 1912 and 1935.
The building contains a total of 2 properties: 2 flats.
- Ave. Sale Price
- £304,851
- 10 Year change
- up 9.9%
- Ave. Rental Price
- £1,617pcm
- 10 Year change
- up 32.8%
- Ave. £ per ft²
- £380/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Building Insights
248, Main Road is a residential building situated on Main Road, Romford, RM2 with 2 addresses.
It ranks as the 82nd largest and 145th most expensive of the 265 buildings in the RM2 area. The most common property type is a early-century flat built between 1912 and 1935.
The building contains a total of 2 properties: 2 flats.
- Ave. Sale Price
- £304,851
- 10 Year change
- up 9.9%
- Ave. Rental Price
- £1,617pcm
- 10 Year change
- up 32.8%
- Ave. £ per ft²
- £380/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertieson Main Road, Romford, RM2
Sales Market Trends
The last sale in 248, Main Road sold for £170,000 on 23rd October 2001. Since then prices are down an average of 0.0%.
The current average value in the building is £304,851.
The 248, Main Road Sales Market has increased by 9.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.6% | £304,851 |
| June 2025 | 0.9% | £306,672 |
| June 2024 | 1.9% | £304,058 |
| June 2023 | -3.7% | £298,297 |
| June 2022 | 5.2% | £309,639 |
| June 2021 | 1.2% | £294,304 |
| June 2020 | 0.5% | £290,845 |
| June 2019 | -1.6% | £289,322 |
| June 2018 | 0.9% | £293,947 |
| June 2017 | 5% | £291,243 |
| June 2016 | 14.5% | £277,266 |
| June 2015 | 9.1% | £242,050 |
| June 2014 | 8% | £221,945 |
| June 2013 | 4% | £205,527 |
| June 2012 | -1.4% | £197,584 |
| June 2011 | 2.9% | £200,440 |
| June 2010 | 7.9% | £194,774 |
| June 2009 | -12.2% | £180,458 |
| June 2008 | 1% | £205,614 |
| June 2007 | 0% | £203,669 |
Rental Market Trends
The current average rental value in the building is £1,617.
The 248, Main Road Rental Market has increased by 32.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.1% | £1,617pcm |
| June 2025 | 1.9% | £1,599pcm |
| June 2024 | 9.1% | £1,569pcm |
| June 2023 | 9.9% | £1,438pcm |
| June 2022 | 5.7% | £1,309pcm |
| June 2021 | 0.6% | £1,238pcm |
| June 2020 | 3.2% | £1,231pcm |
| June 2019 | -1.2% | £1,194pcm |
| June 2018 | -0.2% | £1,208pcm |
| June 2017 | -0.5% | £1,210pcm |
| June 2016 | 5.1% | £1,217pcm |
| June 2015 | 7% | £1,158pcm |
| June 2014 | 4.3% | £1,082pcm |
| June 2013 | 1.5% | £1,037pcm |
| June 2012 | 4.7% | £1,022pcm |
| June 2011 | 3.9% | £976pcm |
| June 2010 | 3.4% | £939pcm |
| June 2009 | -3.9% | £908pcm |
| June 2008 | 4.4% | £945pcm |
| June 2007 | 0% | £905pcm |
Sales History
The last sale was on 23rd October 2001 for £170,000 and since then the market in the area has remained stable. The building has had a total of 1 sales since 1995.
248, Main Road, Romford, RM2 5EU has seen no sales in the last three years and no sales in the last twelve months.
Property Types
- 1 early-century flat built between 1912 and 1935
- 1 other address of unknown type
- early-century flat (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Aug 2022£1,055,000 | 4 Bed House276, Main Road, Romford, RM2 6LU276, Main Road, Romford, RM2 6LU
- Sold Sep 2021£1,045,000 | 5 Bed House308, Main Road, Romford, RM2 6PA308, Main Road, Romford, RM2 6PA
- Sold Oct 2024£1,015,000 | 5 Bed House262, Main Road, Romford, RM2 6LU262, Main Road, Romford, RM2 6LU
Schools Nearby
- Gidea Park Primary School700 m away
- Squirrels Heath Primary School1.1 km away
- Ardleigh Green Junior School1.2 km away
- The Royal Liberty School500 m away
- Marshalls Park Academy1.3 km away
- The Frances Bardsley Academy for Girls1.6 km away
More reading links
Public Transport Nearby
The closest station to 248, Main Road, Romford, RM2 5EU is Gidea Park station, which is 600 metres away.
- Gidea Park|600 m away
- Romford|1.9 km away
