Flat 27, Memorial Heights Monarch Way, Newbury Park, Ilford, IG2 7HR is a leasehold flat built between 2003-2006. The property offers approximately 495 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £232,719 , which equates to approximately £470 per square foot. It was last sold on 14 Feb 2018 for £220,000. Since then, the value has increased by £12,719, representing a 5.8% increase, or approximately 0.7% per year.

The current estimated value of £232,719 is:

  • 40.4% lower than the average property price on Monarch Way
  • 36.7% lower than the average in the IG2 7HR postcode area
  • and 54.0% 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 18 February 2022, the property was recorded as rented.

View sold house prices in IG2 7HR

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
495 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£232,719
Price Per sq ft (estimate)
£470
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 27, 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 18 Feb 2022.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 9 Apr 2021. The rating of C remains the same, but the energy efficiency score improved by 4.1%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from system built, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to IG2 7HR

51 st / 81
Price Rank
37% lower than average
69 th / 77
Size Rank
21% smaller than average
7 th / 77
Price Per Sq FT Rank
20% lower than average

Compared to other properties in IG2 7HR , this flat's estimated value ranks 51th out of 81. Based on price per square foot, it ranks 7th out of 77 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 69th out of 77 properties in its postcode area.

Sale History

Today
£232,719
streetscan.co.uk estimate
+6 %
14 Feb 2018
£220,000
Leasehold
+1.1 %
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: 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
rooms: 2
size: 517 sq ft
sale price: £194,000
sale date: 8 Oct 2007

Data Sources

The property at Flat 27, Memorial Heights Monarch Way, Newbury Park, Ilford, IG2 7HR appears two times in the Land Registry records, with the latest transaction recorded on 14 Feb 2018. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Feb 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.


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.