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According to the public record, 5, Gidea Avenue, Romford is a modern freehold house with 10,330 ft2 of internal area and sits on a 2,348 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 5, Gidea Avenue, Romford is £2,105,783 and the estimated rental value is £8,141 per month.
Gidea Avenue, Romford, RM2 is located in the borough of Havering within the RM2 postal district.
5, Gidea Avenue, Romford has 21 entries in the Land Registry , most recently in January 2019 and a single entry in the EPC database dated November 2011.
We combine this information with that 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 5, Gidea Avenue, Romford is in very good condition we estimate a sale value of £2,211,072 and a rental value of £8,548 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,958,378 and a rental value of £7,571 per month.
Over the last 12 months the sale value of 5 Gidea Avenue Romford has increased by an estimated £9,999 (0.5%) and its rental value has increased by an estimated £129 per month (1.6%), giving an expected gross yield of 4.6%.
According to data from HM Land Registry, 5, Gidea Avenue, Romford sits on a plot of 2348m2.
We have plot size data on 7 out of 8 other houses in the postcode and 5, Gidea Avenue, Romford sits on the largest plot.
5, Gidea Avenue, Romford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Nov 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, Gidea Avenue, Romford was last sold on 16th January 2019 for £1,858,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since January 2019, the market for similar properties has dropped 16.2%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 680 metres radius of 5, Gidea Avenue, Romford over the last 2 years.
The most recent example is 7, Gidea Avenue, Romford, RM2 5NL, a freehold house which sold for £1,000,000 on the 23rd September 2022.
Read more about house prices in RM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gidea Avenue, Romford, RM2 has a total of 8 addresses. According to our analysis of all the public data, 5, Gidea Avenue, Romford is the largest and the most expensive property on the street.
When compared to the postcode district it is £1.553m more expensive than the average property in RM2.
The nearest school is Gidea Park Primary School which is 300 metres away. The nearest train station is Gidea Park which is 900 metres away.
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