Flat 156 Memorial Heights Monarch Way

    FLAT 156 MEMORIAL HEIGHTS, MONARCH WAY, NEWBURY PARK, ILFORD, IG2 7HS

    This flat/maisonette leasehold property on Monarch Way last sold in May 2015 for £255,000. Based on price growth in the IG2 district since then, its estimated current value is £294,992 — placing it in the 48th percentile nationally and the 20th percentile within IG2. The property covers 47 m² (506 sq ft), giving an estimated value of £6,276 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    506 sq ft

    47 m²

    Last Sale Price

    £255,000

    May 2015

    Estimated Valuation

    £294,992

    Est. £/sq ft

    £583/sq ft

    £6,276/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area506 sq ft (47 m²)
    EPC dateSept 2020
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    18 May 2015

    £255,000

    24 Oct 2008

    £175,000

    20 Dec 2004

    New build

    £217,500

    Key Metrics

    Estimated valuation£294,992
    Value per sq ft / m²£583/sq ft (£6,276/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG2 district percentile20th percentile
    National percentile48th 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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