4 Monkwood Close

    4, MONKWOOD CLOSE, ROMFORD, RM1 2NQ

    This flat/maisonette leasehold property on Monkwood Close last sold in June 2021 for £224,000. Based on price growth in the RM1 district since then, its estimated current value is £206,224 — placing it in the 26th percentile nationally and the 15th percentile within RM1. The property covers 40 m² (431 sq ft), giving an estimated value of £5,156 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    431 sq ft

    40 m²

    Last Sale Price

    £224,000

    Jun 2021

    Estimated Valuation

    £206,224

    Est. £/sq ft

    £479/sq ft

    £5,156/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed Mid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area431 sq ft (40 m²)
    EPC dateJun 2012
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Jun 2021

    £224,000

    11 Jul 2008

    £165,500

    11 Jul 2006

    £155,000

    16 Jan 2004

    £126,000

    26 Apr 1999

    £72,995

    28 Nov 1997

    New build

    £56,000

    Key Metrics

    Estimated valuation£206,224
    Value per sq ft / m²£479/sq ft (£5,156/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile15th percentile
    National percentile26th 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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