12 Monarch Way

    12, MONARCH WAY, NEWBURY PARK, ILFORD, IG2 7NY

    This flat/maisonette leasehold property on Monarch Way last sold in June 2022 for £245,000. Based on price growth in the IG2 district since then, its estimated current value is £239,177 — placing it in the 35th percentile nationally and the 10th percentile within IG2. The property covers 44 m² (474 sq ft), giving an estimated value of £5,436 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    474 sq ft

    44 m²

    Last Sale Price

    £245,000

    Jun 2022

    Estimated Valuation

    £239,177

    Est. £/sq ft

    £505/sq ft

    £5,436/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area474 sq ft (44 m²)
    EPC dateSept 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Jun 2022

    £245,000

    25 Jan 2019

    £243,000

    30 Jun 2006

    £157,000

    14 Apr 2004

    New build

    £155,000

    Key Metrics

    Estimated valuation£239,177
    Value per sq ft / m²£505/sq ft (£5,436/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG2 district percentile10th percentile
    National percentile35th 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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