18, Makinen House, 49 Palmerston Road, Buckhurst Hill, IG9 5NZ is a leasehold flat built between 1967-1975. The property offers approximately 753 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £348,116 , which equates to approximately £462 per square foot. It was last sold on 28 May 1996 for £67,000. Since then, the value has increased by £281,116, representing a 419.6% increase, or approximately 14.2% per year.

The current estimated value of £348,116 is:

  • 34.2% lower than the average property price on Palmerston Road
  • 3.4% higher than the average in the IG9 5NZ postcode area
  • and 46.8% lower than the average price for Buckhurst Hill as a whole

At the most recent EPC inspection on 15 August 2023, the property was recorded as rented.

View sold house prices in IG9 5NZ

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
753 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£348,116
Price Per sq ft (estimate)
£462
Bedroom Count (estimate)
2 bedrooms

EPC Summary

18, Makinen House, 49 Palmerston Road, Buckhurst Hill, Epping Forest, Essex, IG9 5NZ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 15 Aug 2023.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 8 Aug 2013, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 8.2%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from poor to very poor, while the heating system type remained the same (room heaters, electric).
  • The wall construction or insulation changed from cavity wall, as built, partial insulation (assumed) to cavity wall, as built, no insulation (assumed), changing energy efficiency from average to poor.
  • The lighting was updated from low energy lighting in 22% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to IG9 5NZ

14 th / 23
Price Rank
3% higher than average
10 th / 21
Size Rank
8% bigger than average
14 th / 21
Price Per Sq FT Rank
4% lower than average

Compared to other properties in IG9 5NZ , this flat's estimated value ranks 14th out of 23. Based on price per square foot, it ranks 14th out of 21 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 10th out of 21 properties in its postcode area.

Sale History

Today
£348,116
streetscan.co.uk estimate
+420 %
28 May 1996
£67,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 753 sq ft
sale price: £390,000
sale date: 14 Jun 2024
rooms: 3
size: 786 sq ft
sale price: £400,000
sale date: 26 Oct 2023
rooms: 3
size: 786 sq ft
sale price: £350,000
sale date: 16 Sep 2022
rooms: 3
size: 829 sq ft
sale price: £377,000
sale date: 19 Aug 2022
rooms: 3
size: 689 sq ft
sale price: £342,500
sale date: 25 Apr 2022

Data Sources

The property at 18, Makinen House, 49 Palmerston Road, Buckhurst Hill, Epping Forest, Essex, IG9 5NZ appears once in the Land Registry records, with the transaction recorded on 28 May 1996. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 15 Aug 2023. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


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