38 Monkwood Close

    38, MONKWOOD CLOSE, ROMFORD, RM1 2NQ

    This flat/maisonette leasehold property on Monkwood Close last sold in July 2000 for £97,500. Based on price growth in the RM1 district since then, its estimated current value is £309,802 — placing it in the 51st percentile nationally and the 37th percentile within RM1. The property covers 52 m² (560 sq ft), giving an estimated value of £5,958 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    560 sq ft

    52 m²

    Last Sale Price

    £97,500

    Jul 2000

    Estimated Valuation

    £309,802

    Est. £/sq ft

    £554/sq ft

    £5,958/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area560 sq ft (52 m²)
    EPC dateDec 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Jul 2000

    £97,500

    27 Feb 1998

    New build

    £67,500

    Key Metrics

    Estimated valuation£309,802
    Value per sq ft / m²£554/sq ft (£5,958/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile37th percentile
    National percentile51st 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

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