58 Monkwood Close

    58, MONKWOOD CLOSE, ROMFORD, RM1 2NQ

    This flat/maisonette leasehold property on Monkwood Close last sold in February 2021 for £272,000. Based on price growth in the RM1 district since then, its estimated current value is £250,414 — placing it in the 37th percentile nationally and the 28th percentile within RM1. The property covers 61 m² (657 sq ft), giving an estimated value of £4,105 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    657 sq ft

    61 m²

    Last Sale Price

    £272,000

    Feb 2021

    Estimated Valuation

    £250,414

    Est. £/sq ft

    £381/sq ft

    £4,105/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area657 sq ft (61 m²)
    EPC dateMay 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Feb 2021

    £272,000

    26 Sept 2016

    £260,000

    28 Sept 2007

    £175,000

    14 May 1999

    £56,000

    24 Jul 1998

    New build

    £74,000

    Key Metrics

    Estimated valuation£250,414
    Value per sq ft / m²£381/sq ft (£4,105/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile28th percentile
    National percentile37th 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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