8 Monkwood Close

    8, MONKWOOD CLOSE, ROMFORD, RM1 2NQ

    This flat/maisonette leasehold property on Monkwood Close last sold in August 2024 for £200,000. Based on price growth in the RM1 district since then, its estimated current value is £186,350 — placing it in the 21st percentile nationally and the 10th percentile within RM1. The property covers 41 m² (441 sq ft), giving an estimated value of £4,545 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    441 sq ft

    41 m²

    Last Sale Price

    £200,000

    Aug 2024

    Estimated Valuation

    £186,350

    Est. £/sq ft

    £422/sq ft

    £4,545/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area441 sq ft (41 m²)
    EPC dateAug 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Aug 2024

    £200,000

    9 Jan 2006

    £137,000

    15 Dec 1997

    New build

    £57,000

    Key Metrics

    Estimated valuation£186,350
    Value per sq ft / m²£422/sq ft (£4,545/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile10th percentile
    National percentile21st 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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