70 Monkwood Close

    70, MONKWOOD CLOSE, ROMFORD, RM1 2NQ

    This flat/maisonette leasehold property on Monkwood Close last sold in July 2023 for £258,000. Based on price growth in the RM1 district since then, its estimated current value is £220,055 — placing it in the 30th percentile nationally and the 18th percentile within RM1. The property covers 67 m² (721 sq ft), giving an estimated value of £3,284 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    721 sq ft

    67 m²

    Last Sale Price

    £258,000

    Jul 2023

    Estimated Valuation

    £220,055

    Est. £/sq ft

    £305/sq ft

    £3,284/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 potentialB
    Floor area721 sq ft (67 m²)
    EPC dateMar 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Jul 2023

    £258,000

    19 May 2022

    £235,000

    14 Aug 1998

    New build

    £72,000

    Key Metrics

    Estimated valuation£220,055
    Value per sq ft / m²£305/sq ft (£3,284/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile18th percentile
    National percentile30th 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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