62 Monkwood Close

    62, MONKWOOD CLOSE, ROMFORD, ROMFORD, RM1 2NQ

    This flat/maisonette leasehold property on Monkwood Close last sold in January 2008 for £180,500. Based on price growth in the RM1 district since then, its estimated current value is £247,066 — placing it in the 37th percentile nationally and the 27th percentile within RM1. The property covers 54 m² (581 sq ft), giving an estimated value of £4,575 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    581 sq ft

    54 m²

    Last Sale Price

    £180,500

    Jan 2008

    Estimated Valuation

    £247,066

    Est. £/sq ft

    £425/sq ft

    £4,575/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area581 sq ft (54 m²)
    EPC dateNov 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Jan 2008

    £180,500

    7 May 2002

    £128,000

    3 Aug 1998

    New build

    £78,500

    Key Metrics

    Estimated valuation£247,066
    Value per sq ft / m²£425/sq ft (£4,575/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile27th 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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