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.
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 database, 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.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 5 Gidea Avenue Romford as £2,640,904 and the rental value as £10,397 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 5 Gidea Avenue Romford has decreased by £71,313 (2.7%) and its rental value has increased by £340 per month (3.3%).
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 £2,772,949 and rental value of £10,917 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,456,041 and a rental value of £9,669 per month.
If you were able to purchase this property for the estimated value of £2,640,904, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £12,979 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 5, Gidea Avenue, Romford sits on a plot of 2348m2.
We have plot size data on 3 out of 7 other houses in the postcode and 5, Gidea Avenue, Romford sits on the largest plot.
According to HM Land Registry, 5, Gidea Avenue, Romford was last sold on 16 Jan 2019 for £1,858,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2019, the market for similar properties has risen 8.0%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 690 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 in Sep 2022.
Read more about house prices in RM2.
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 £2.125m more expensive than the average property in RM2.
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 a boiler and radiators.
The closest station to 5, Gidea Avenue, Romford is Gidea Park station which is 900 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Gidea Avenue, Romford, 40.0% of property is privately owned outright and 23.2% is socially rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 5, Gidea Avenue, Romford, 5.8% of residents are recorded as possessing school level qualifications and 21.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 5, Gidea Avenue, Romford, the average age was 42.3 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 5, Gidea Avenue, Romford, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 5, Gidea Avenue, Romford, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.