Flat 1 Monarch'S Court, 8 Hearn Road

    FLAT 1 MONARCH'S COURT, 8, HEARN ROAD, ROMFORD, RM1 2EF

    This flat/maisonette leasehold property on Hearn Road last sold in March 2015 for £250,000. Based on price growth in the RM1 district since then, its estimated current value is £298,917 — placing it in the 49th percentile nationally and the 36th percentile within RM1. The property covers 79 m² (850 sq ft), giving an estimated value of £3,784 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    850 sq ft

    79 m²

    Last Sale Price

    £250,000

    Mar 2015

    Estimated Valuation

    £298,917

    Est. £/sq ft

    £352/sq ft

    £3,784/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area850 sq ft (79 m²)
    EPC dateAug 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Mar 2015

    £250,000

    25 Oct 2010

    New build

    £180,000

    Key Metrics

    Estimated valuation£298,917
    Value per sq ft / m²£352/sq ft (£3,784/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile36th percentile
    National percentile49th 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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