7 Monkwood Close

    7, MONKWOOD CLOSE, ROMFORD, ROMFORD, RM1 2NQ

    This flat/maisonette leasehold property on Monkwood Close last sold in December 1997 for £56,500. Based on price growth in the RM1 district since then, its estimated current value is £262,251 — placing it in the 40th percentile nationally and the 31st percentile within RM1. The property covers 46 m² (495 sq ft), giving an estimated value of £5,701 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    495 sq ft

    46 m²

    Last Sale Price

    £56,500

    Dec 1997

    Estimated Valuation

    £262,251

    Est. £/sq ft

    £530/sq ft

    £5,701/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area495 sq ft (46 m²)
    EPC dateOct 2012
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Dec 1997

    New build

    £56,500

    Key Metrics

    Estimated valuation£262,251
    Value per sq ft / m²£530/sq ft (£5,701/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile31st percentile
    National percentile40th 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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