2 Monkwood Close

    2, MONKWOOD CLOSE, ROMFORD, RM1 2NQ

    This flat/maisonette leasehold property on Monkwood Close last sold in April 2022 for £220,000. Based on price growth in the RM1 district since then, its estimated current value is £201,869 — placing it in the 25th percentile nationally and the 13th percentile within RM1. The property covers 47 m² (506 sq ft), giving an estimated value of £4,295 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    506 sq ft

    47 m²

    Last Sale Price

    £220,000

    Apr 2022

    Estimated Valuation

    £201,869

    Est. £/sq ft

    £399/sq ft

    £4,295/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formNot Recorded
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area506 sq ft (47 m²)
    EPC dateApr 2026
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Apr 2022

    £220,000

    Key Metrics

    Estimated valuation£201,869
    Value per sq ft / m²£399/sq ft (£4,295/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile13th percentile
    National percentile25th percentile

    District Context — RM1

    RM1 covers Romford and surrounding areas in East London, positioned in the east of the capital. It is a diverse, mixed-tenure neighbourhood with strong demand from families and commuters seeking affordable space within reach of London.

    Average Property Price - RM1

    £442,446

    73

    National percentile

    Average Net Household Income - RM1

    £47,792

    83

    National percentile

    10-Year Annualised Price Growth - RM1

    4.2%

    72

    National percentile

    10-Year Annualised Rent Growth - RM

    4.4%

    80

    National percentile

    View full analysis for RM1

    More properties in RM1

    Streets in RM1

    Explore nearby