68 Monkwood Close

    68, MONKWOOD CLOSE, ROMFORD, RM1 2NQ

    This flat/maisonette leasehold property on Monkwood Close last sold in March 2020 for £250,000. Based on price growth in the RM1 district since then, its estimated current value is £240,382 — placing it in the 35th percentile nationally and the 25th percentile within RM1. The property covers 56 m² (603 sq ft), giving an estimated value of £4,293 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £250,000

    Mar 2020

    Estimated Valuation

    £240,382

    Est. £/sq ft

    £399/sq ft

    £4,293/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area603 sq ft (56 m²)
    EPC dateOct 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Mar 2020

    £250,000

    10 Aug 2007

    £162,500

    29 Jun 1999

    £63,800

    14 Aug 1998

    New build

    £72,000

    Key Metrics

    Estimated valuation£240,382
    Value per sq ft / m²£399/sq ft (£4,293/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile25th percentile
    National percentile35th 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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