51 Monkwood Close

    51, MONKWOOD CLOSE, ROMFORD, RM1 2NQ

    This flat/maisonette leasehold property on Monkwood Close last sold in March 2016 for £225,000. Based on price growth in the RM1 district since then, its estimated current value is £214,829 — placing it in the 28th percentile nationally and the 17th percentile within RM1. The property covers 57 m² (614 sq ft), giving an estimated value of £3,769 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    614 sq ft

    57 m²

    Last Sale Price

    £225,000

    Mar 2016

    Estimated Valuation

    £214,829

    Est. £/sq ft

    £350/sq ft

    £3,769/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area614 sq ft (57 m²)
    EPC dateAug 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Mar 2016

    £225,000

    2 Feb 2001

    £107,750

    30 Jun 1998

    New build

    £77,500

    Key Metrics

    Estimated valuation£214,829
    Value per sq ft / m²£350/sq ft (£3,769/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile17th percentile
    National percentile28th 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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