49 Monkwood Close

    49, MONKWOOD CLOSE, ROMFORD, RM1 2NQ

    This flat/maisonette leasehold property on Monkwood Close last sold in August 2017 for £270,000. Based on price growth in the RM1 district since then, its estimated current value is £254,463 — placing it in the 38th percentile nationally and the 29th percentile within RM1. The property covers 55 m² (592 sq ft), giving an estimated value of £4,627 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £270,000

    Aug 2017

    Estimated Valuation

    £254,463

    Est. £/sq ft

    £430/sq ft

    £4,627/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area592 sq ft (55 m²)
    EPC dateJul 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Aug 2017

    £270,000

    16 Oct 2015

    £220,000

    27 Oct 2003

    £145,000

    16 Jul 2001

    £117,000

    30 Jun 1998

    New build

    £77,500

    Key Metrics

    Estimated valuation£254,463
    Value per sq ft / m²£430/sq ft (£4,627/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile29th percentile
    National percentile38th 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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