Flat 48 Memorial Heights Monarch Way

    FLAT 48 MEMORIAL HEIGHTS, MONARCH WAY, NEWBURY PARK, ILFORD, IG2 7HR

    This flat/maisonette leasehold property on Monarch Way last sold in November 2017 for £317,000. Based on price growth in the IG2 district since then, its estimated current value is £308,246 — placing it in the 51st percentile nationally and the 24th percentile within IG2. The property covers 59 m² (635 sq ft), giving an estimated value of £5,225 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £317,000

    Nov 2017

    Estimated Valuation

    £308,246

    Est. £/sq ft

    £485/sq ft

    £5,225/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2012 onwards
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area635 sq ft (59 m²)
    EPC dateAug 2017
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    1 Nov 2017

    £317,000

    20 Dec 2004

    New build

    £217,500

    Key Metrics

    Estimated valuation£308,246
    Value per sq ft / m²£485/sq ft (£5,225/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG2 district percentile24th percentile
    National percentile51st percentile

    District Context — IG2

    IG2 covers parts of Ilford and surrounding areas in east London, positioned within the broader Redbridge borough. The district is a mixed residential and suburban community with strong transport links and diverse population.

    Average Property Price - IG2

    £461,781

    76

    National percentile

    Average Net Household Income - IG2

    £42,567

    68

    National percentile

    10-Year Annualised Price Growth - IG2

    3.3%

    40

    National percentile

    10-Year Annualised Rent Growth - IG

    4.2%

    71

    National percentile

    View full analysis for IG2

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