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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 2, Gidea Close, Romford is a period house with 2,303 ft2 of internal area and sits on a 775 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Gidea Close, Romford is £1,452,016 and the estimated rental value is £5,001 per month.
Gidea Close, Romford, RM2 is located in the borough of Havering within the RM2 postal district.
2, Gidea Close, Romford has no recent1 records in the the Land Registry and a single entry in the EPC database dated July 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Gidea Close, Romford is in very good condition we estimate a sale value of £1,524,617 and a rental value of £5,251 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,350,375 and a rental value of £4,651 per month.
Over the last 12 months the sale value of 2 Gidea Close Romford has increased by an estimated £15,577 (1.1%) and its rental value has increased by an estimated £85 per month (1.7%), giving an expected gross yield of 4.1%.
According to data from HM Land Registry, 2, Gidea Close, Romford sits on a plot of 775m2.
We have plot size data on 19 out of 20 other houses in the postcode and 2, Gidea Close, Romford sits on the 18th largest plot.
2, Gidea Close, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Jul 2024.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Gidea Close, Romford was last sold on 30th November 1998 for £275,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Gidea Close, Romford within a radius of 700 metres over the last 2 years.
The most recent example is 5, Parkway, Romford, RM2 5NT, a freehold house which sold for £1,500,000 on the 13th October 2023.
Read more about house prices in RM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gidea Close, Romford, RM2 has a total of 20 addresses. According to our analysis of all the public data, 2, Gidea Close, Romford is the 13th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £893k more expensive than the average property in RM2.
The nearest school is Gidea Park Primary School which is 408 metres away. The nearest train station is Gidea Park which is 1.0 kilometres away.
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