56a Monkhams Lane

    56A, MONKHAMS LANE, WOODFORD GREEN, IG8 0NR

    This detached freehold property on Monkhams Lane last sold in October 2016 for £932,500. Based on price growth in the IG8 district since then, its estimated current value is £1,277,766 — placing it in the 97th percentile nationally and the 92nd percentile within IG8. The property covers 206 m² (2,217 sq ft), giving an estimated value of £6,203 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,217 sq ft

    206 m²

    Last Sale Price

    £932,500

    Oct 2016

    Estimated Valuation

    £1,277,766

    Est. £/sq ft

    £576/sq ft

    £6,203/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area2,217 sq ft (206 m²)
    EPC dateAug 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Oct 2016

    £932,500

    Key Metrics

    Estimated valuation£1,277,766
    Value per sq ft / m²£576/sq ft (£6,203/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG8 district percentile92nd percentile
    National percentile97th percentile

    District Context — IG8

    IG8 covers parts of Essex in the outer London commuter belt, including areas around Loughton and Theydon Bois. It is a suburban, family-oriented location with good transport links and relatively affluent demographics.

    Average Property Price - IG8

    £664,738

    92

    National percentile

    Average Net Household Income - IG8

    £55,092

    95

    National percentile

    10-Year Annualised Price Growth - IG8

    3.3%

    38

    National percentile

    10-Year Annualised Rent Growth - IG

    4.2%

    71

    National percentile

    View full analysis for IG8

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