Flat 153, Memorial Heights Monarch Way, Newbury Park, Ilford, IG2 7HS is a leasehold flat built between 1950-1966. The property offers approximately 635 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 £441,940 , which equates to approximately £696 per square foot. It was last sold on 14 Dec 2004 for £235,000. Since then, the value has increased by £206,940, representing a 88.1% increase, or approximately 4.2% per year.

The current estimated value of £441,940 is:

  • 11.0% higher than the average property price on Monarch Way
  • 20.1% higher than the average in the IG2 7HS postcode area
  • and 11.0% lower than the average price for Ilford as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (2 out of 3 inspections). This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 2 December 2021, the property was recorded as rented.

View sold house prices in IG2 7HS

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
635 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£441,940
Price Per sq ft (estimate)
£696
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 153, Memorial Heights Monarch Way, Newbury Park, Ilford, Redbridge, Greater London, IG2 7HS has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 2 Dec 2021.

This property uses electric storage 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 9 Oct 2011, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 10.8%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • 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 average.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to cavity wall, as built, partial insulation (assumed), changing energy efficiency from good to average.
  • The lighting was updated from low energy lighting in 25% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to IG2 7HS

7 th / 80
Price Rank
20% higher than average
36 th / 72
Size Rank
6% bigger than average
29 th / 72
Price Per Sq FT Rank
13% higher than average

Compared to other properties in IG2 7HS , this flat's estimated value ranks 7th out of 80. Based on price per square foot, it ranks 29th out of 72 properties. In terms of size, this home ranks 36th out of 72 properties in its postcode area.

Sale History

Today
£441,940
streetscan.co.uk estimate
+88 %
14 Dec 2004
£235,000
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: 581 sq ft
sale price: £235,000
sale date: 11 Mar 2016
rooms: 3
size: 667 sq ft
sale price: £285,000
sale date: 7 Dec 2015

Data Sources

The property at Flat 153, Memorial Heights Monarch Way, Newbury Park, Ilford, Redbridge, Greater London, IG2 7HS appears once in the Land Registry records, with the transaction recorded on 14 Dec 2004. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 2 Dec 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.


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