Flat 141, Memorial Heights Monarch Way, Newbury Park, Ilford, IG2 7HS is a leasehold flat built between 2003-2006. The property offers approximately 678 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 £326,118 , which equates to approximately £481 per square foot. It was last sold on 5 Aug 2014 for £220,000. Since then, the value has increased by £106,118, representing a 48.2% increase, or approximately 4.2% per year.

The current estimated value of £326,118 is:

  • 18.1% lower than the average property price on Monarch Way
  • 11.4% lower than the average in the IG2 7HS postcode area
  • and 34.3% lower than the average price for Ilford as a whole

At the most recent EPC inspection on 19 November 2021, the property was recorded as rented.

View sold house prices in IG2 7HS

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
678 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£326,118
Price Per sq ft (estimate)
£481
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 141, Memorial Heights Monarch Way, Newbury Park, Ilford, Redbridge, Greater London, IG2 7HS has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 19 Nov 2021.

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 19 Sep 2011. The rating of C remains the same, but the energy efficiency score improved by 5.3%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • The lighting was changed from low energy lighting in 90% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to IG2 7HS

59 th / 80
Price Rank
11% lower than average
19 th / 72
Size Rank
14% bigger than average
56 th / 72
Price Per Sq FT Rank
22% lower than average

Compared to other properties in IG2 7HS , this flat's estimated value ranks 59th out of 80. Based on price per square foot, it ranks 56th out of 72 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 19th out of 72 properties in its postcode area.

Sale History

Today
£326,118
streetscan.co.uk estimate
+48 %
5 Aug 2014
£220,000
Leasehold
+1.1 %
20 Dec 2004
£217,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 667 sq ft
sale price: £286,000
sale date: 13 Dec 2019
rooms: 3
size: 678 sq ft
sale price: £315,000
sale date: 21 Jul 2017
rooms: 3
size: 678 sq ft
sale price: £285,000
sale date: 28 Oct 2016
rooms: 2
size: 775 sq ft
sale price: £293,000
sale date: 29 Mar 2016
rooms: 2
size: 581 sq ft
sale price: £235,000
sale date: 11 Mar 2016

Data Sources

The property at Flat 141, Memorial Heights Monarch Way, Newbury Park, Ilford, IG2 7HS appears two times in the Land Registry records, with the latest transaction recorded on 5 Aug 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 19 Nov 2021. 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.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.