Market Insights, Gidea Park

Gidea Park has a population density of 42.1 residents per hectare and maintains a demographic profile demonstrating lower density than the regional average. As of 2021, the community hosted 90,018 residents, marking a notable 16.6% population increase over the decade from 2011 to 2021.

Demographically, Gidea Park has 14.6% of its population falling within the 35 to 44 age range, below the regional average. Housing dynamics further illustrate a diverse landscape, with 26.1% of households consisting of single occupants and 43.2% accommodating families with children.

Gidea Park emerges as a community showcasing lower population density, distinct age distribution, and a focus on vital sectors for community welfare within the broader regional context making the area highly desirable.

Over the last 12 months the average sales price in Gidea Park was £399,042. The total value of sales was £441,014,938. 

28% of sales in the past 12 months were flats, achieving an average sales price of £237,978. Houses achieved an average price of £487,125. 

The highest value recorded by the Land Registry over the past 12 months was £404,000 for a flat and £1,450,000 for a house. 

Over the last 12 months, the average rent achieved for homes let in Gidea Park was £1,422 per month. This is a +11% change on the previous 12 month period.

68% of homes let in the past 12 months were flats, achieving an average rental value of £1,290 per month. Houses achieved an average rent
of £1,759 per month.

27% of renters are aged between 25 and 29.

Offering great rail links including future Crossrail connections, the town is also conveniently located close to J28 of the M25, Lakeside Shopping Centre and the Dartford Crossing. With major employers close by including two hospitals, a busy town centre in Romford and Lakeside Shopping Centre, the area witnesses consistently high levels of demand from prospective tenants, many of whom work at these locations. Gidea Park railway station offers a fast service (TFL – Zone 6) into the Capital so it also proves ideal for City commuters and will shortly be adding the ‘Crossrail’ service providing access through London to Heathrow and beyond.