5, Makinen House, 49 Palmerston Road, Buckhurst Hill, IG9 5NZ is a leasehold flat built between 1967-1975. The property offers approximately 786 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £408,316 , which equates to approximately £520 per square foot. It was last sold on 26 Oct 2023 for £400,000. Since then, the value has increased by £8,316, representing a 2.1% increase, or approximately 1.0% per year.

The current estimated value of £408,316 is:

  • 22.9% lower than the average property price on Palmerston Road
  • 21.3% higher than the average in the IG9 5NZ postcode area
  • and 37.6% lower than the average price for Buckhurst Hill as a whole

At the most recent EPC inspection on 24 July 2023, the property was recorded as owner-occupied.

View sold house prices in IG9 5NZ

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
786 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£408,316
Price Per sq ft (estimate)
£520
Bedroom Count (estimate)
2 bedrooms

EPC Summary

5, 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 24 Jul 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 May 2010, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 13.2%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, improving energy efficiency from poor to average.
  • The hot water energy efficiency improving from very poor to average, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from flat, insulated (assumed) to flat, limited insulation (assumed), changing energy efficiency from average to very poor.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to cavity wall, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The lighting was updated from low energy lighting in 35% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Flat, limited insulation (assumed)
Very 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

2 nd / 23
Price Rank
21% higher than average
5 th / 21
Size Rank
12% bigger than average
8 th / 21
Price Per Sq FT Rank
8% higher than average

Compared to other properties in IG9 5NZ , this flat's estimated value ranks 2nd out of 23. Based on price per square foot, it ranks 8th out of 21 properties. In terms of size, this home ranks 5th out of 21 properties in its postcode area.

Sale History

Today
£408,316
streetscan.co.uk estimate
+2 %
26 Oct 2023
£400,000
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: £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
rooms: 3
size: 764 sq ft
sale price: £345,000
sale date: 24 Jan 2018

Data Sources

The property at 5, Makinen House, 49 Palmerston Road, Buckhurst Hill, Epping Forest, Essex, IG9 5NZ appears once in the Land Registry records, with the transaction recorded on 26 Oct 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Jul 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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