Flat 14, Memorial Heights Monarch Way, Newbury Park, Ilford, IG2 7HR is a leasehold flat built between 1991-1995. The property offers approximately 474 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £409,030 , which equates to approximately £864 per square foot. It was last sold on 20 Dec 2004 for £217,500. Since then, the value has increased by £191,530, representing a 88.1% increase, or approximately 4.2% per year.

The current estimated value of £409,030 is:

  • 2.7% higher than the average property price on Monarch Way
  • 11.3% higher than the average in the IG2 7HR postcode area
  • and 17.6% lower than the average price for Ilford as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 4 September 2022, the property was recorded as rented.

View sold house prices in IG2 7HR

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
474 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£409,030
Price Per sq ft (estimate)
£864
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 14, Memorial Heights Monarch Way, Newbury Park, Ilford, Redbridge, Greater London, IG2 7HR has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 4 Sep 2022.

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 31 Jul 2012, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 4.9%.

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, with internal insulation to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from no low energy lighting to low energy lighting in 71% of fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 71% of fixed outlets
Very Good

Compared to IG2 7HR

23 rd / 81
Price Rank
11% higher than average
73 rd / 76
Size Rank
24% smaller than average
4 th / 76
Price Per Sq FT Rank
47% higher than average

Compared to other properties in IG2 7HR , this flat's estimated value ranks 23th out of 81. Based on price per square foot, it ranks 4th out of 76 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 73th out of 76 properties in its postcode area.

Sale History

Today
£409,030
streetscan.co.uk estimate
+88 %
20 Dec 2004
£217,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 517 sq ft
sale price: £250,000
sale date: 24 May 2018
rooms: 2
size: 452 sq ft
sale price: £249,999
sale date: 1 Mar 2018
rooms: 2
size: 495 sq ft
sale price: £220,000
sale date: 14 Feb 2018
rooms: 2
size: 527 sq ft
sale price: £178,000
sale date: 11 Jul 2014
rooms: 2
size: 538 sq ft
sale price: £143,000
sale date: 21 Sep 2010

Data Sources

The property at Flat 14, Memorial Heights Monarch Way, Newbury Park, Ilford, Redbridge, Greater London, IG2 7HR appears once in the Land Registry records, with the transaction recorded on 20 Dec 2004. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Sep 2022. 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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