42 Monkwood Close

    42, MONKWOOD CLOSE, ROMFORD, RM1 2NQ

    This flat/maisonette leasehold property on Monkwood Close last sold in February 2019 for £245,000. Based on price growth in the RM1 district since then, its estimated current value is £238,198 — placing it in the 34th percentile nationally and the 24th percentile within RM1. The property covers 55 m² (592 sq ft), giving an estimated value of £4,331 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £245,000

    Feb 2019

    Estimated Valuation

    £238,198

    Est. £/sq ft

    £402/sq ft

    £4,331/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 area592 sq ft (55 m²)
    EPC dateJun 2013
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Feb 2019

    £245,000

    31 Jan 2014

    £170,000

    31 May 2007

    £174,000

    21 Jul 2003

    £149,000

    27 Feb 1998

    New build

    £66,500

    Key Metrics

    Estimated valuation£238,198
    Value per sq ft / m²£402/sq ft (£4,331/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile24th percentile
    National percentile34th 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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