Sold House

171 LODGE AVENUE

ROMFORD, ROMFORD, GREATER LONDON RM2 5AH

3 beds Listed 10 Jun 2004 (-8087d)

£304,995

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# 3 bedroom house for sale (RM2 5AH)

## Property Details

| Key | Value |
|-----|-------|
| Address | 171 LODGE AVENUE, ROMFORD, ROMFORD, GREATER LONDON RM2 5AH |
| Price | £304,995 |
| Bedrooms | 3 |
| Last sold | £295,000 Nov 2004 |

## Description

**Dimensions**

Bedroom 1:

Bedroom 2:

Bedroom 3:

Reception 1:

Reception 2:

Kitchen:

15'2X 13'1

14'6X 8'11

9'8X 7'

14'9X 13'3

14'2X 10'11

9'1X 8'1

## Property Photos

- ![Photo](/listings/photos/3233004/1625574)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 171 LODGE AVENUE, ROMFORD, HAVERING, GREATER LONDON, RM2 5AH | £295,000 | 29/11/2004 | Semi-detached |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| [Same street] 163 LODGE AVENUE, ROMFORD, HAVERING, GREATER LONDON, RM2 5AH | £610,000 | 18/09/2024 | Semi-detached |
| [Same street] 145 LODGE AVENUE, ROMFORD, HAVERING, GREATER LONDON, RM2 5AH | £585,000 | 02/08/2023 | Terraced |
| 43 TUDOR DRIVE, ROMFORD, HAVERING, GREATER LONDON, RM2 5LJ | £19,000 | 01/12/2021 | Other |

**Street average:** £597,500 (2 sales)
**Area average:** £19,000 (1 sale)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £65,000 (1 Other, RM2, 2024–2026)
- **Deviation:** +369.2%

## Rental Range

*ONS Price Index of Private Rents (Havering). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,407/mo
- **Realistic:** £1,563/mo
- **Optimistic:** £1,719/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Outer North East London (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £1,496/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 3 Bed Flat, Upper Parts North Street, RM1 | £2,565/mo | 3 | 0.64 miles | OpenRent |

**Average rent: £2,565/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.84% (okay)
- **Max investor price (0.8%):** £320,625
- **Target investor price (1%):** £256,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £2,565/mo).*

- **Gross yield:** 10.1%
- **Cost-to-rent:** 9.9×
- **Monthly cashflow:** £1,082/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 14.7%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## House Price Index (HM Land Registry)

*Official index for Havering; All dwelling types series; as of April 2026.*

- **1y growth (index):** 1.8%
- **5y growth (index):** 15.8%
- **10y growth (index):** 32.1%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

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Property details

Last sold

£295,000 Nov 2004

Local average

£65,000 (+369.2%)

Deprivation

Decile 10 (31,482 of 33,755)

Street crime

511 incidents within 1 mile (May 2026)

Key features

Semi detached house
Three bedrooms
Lounge
Dining Room
Kitchen
Off street parking
Gas central heating
Viewing highly recommended

Description

We are delighted to offer for sale this 3 bedroom semi-detached family home situated in this popular location being well placed for Gidea Park local shops and schools, benefits from having two good sized reception areas, off street parking and own drive to garage. Hurry and arrange your viewing!

Dimensions

Bedroom 1:
Bedroom 2:
Bedroom 3:
Reception 1:
Reception 2:
Kitchen:
15'2X 13'1
14'6X 8'11
9'8X 7'
14'9X 13'3
14'2X 10'11
9'1X 8'1

Listed by

Romford - Lettings

Dwellings Property Services Ltd

Reference: 3233004

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Price history

Event	Date	Price	% change
Sold	29/11/2004 (21 years ago)	£295,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
Same street 163 LODGE AVENUE, ROMFORD, HAVERING, GREATER LONDON, RM2 5AH	£610,000	18/09/2024	Semi-detached
Same street 145 LODGE AVENUE, ROMFORD, HAVERING, GREATER LONDON, RM2 5AH	£585,000	02/08/2023	Terraced
43 TUDOR DRIVE, ROMFORD, HAVERING, GREATER LONDON, RM2 5LJ	£19,000	01/12/2021	Other

Street average: £597,500 (2 sales)

Area average: £19,000 (1 sale)

Capital growth trend

House Price Index (HM Land Registry — official index, not sold-price averages): Havering. Series: All dwelling types. As of April 2026.

1y (index) 1.8%

5y (index) 15.8%

10y (index) 32.1%

Rental Range

Estimated market rent for Havering. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,407/mo

Realistic £1,563/mo

Optimistic £1,719/mo

Based on Local Authority from postcode lookup → Havering.

LHA (30th percentile) floor for Outer North East London: £1,496/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View RM2 5AH

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Raphael Park	0.1 miles
Shop	Tesco Express	0.3 miles
Shop	Unknown	0.4 miles
Train station	Gidea Park	0.5 miles
Train station	Romford	0.7 miles
Hospital	Suttons Manor Hospital	5.4 miles
Hospital	Neonatal Unit, L1 Z2	7.9 miles
University	Arden University Stratford Campus	9.2 miles
University	Escape Studios	9.8 miles

Street-level crime

Category	Count
Violence and sexual offences	134
Anti-social behaviour	117
Shoplifting	76
Vehicle crime	35
Other theft	33
Public order	32
Drugs	28
Burglary	20
Theft from the person	16
Robbery	11
Other crime	6
Bicycle theft	2
Criminal damage and arson	1
Total incidents	511

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Gidea Park Primary School	Primary	0.1 miles	Good — 27 Feb 2012
Gidea Park Preparatory School and Nursery	Other	0.4 miles	— (No rating)
Bep Academy	Other	0.4 miles	Good — 26 Apr 2023
St Edward's Church of England Voluntary Aided Primary School	Primary	0.6 miles	— (Inspected (no overall grade))
St Peter's Catholic Primary School	Primary	0.6 miles	Good — 19 Jan 2023

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
3 Bed Flat, Upper Parts North Street, RM1	£2,565/mo	3	0.64 miles	OpenRent

Average rent: £2,565/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.84%

Max investor price (0.8%) £320,625

Target investor price (1%) £256,500

Gross yield 10.1%

Cost-to-rent ratio 9.9×

Monthly cashflow £1,082/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 14.7%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).