Flat 38, Memorial Heights Monarch Way, Newbury Park, Ilford, IG2 7HR is a leasehold flat built between 2003-2006. The property offers approximately 624 square feet of living space and is situated on the 5th 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 £655 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

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 3 May 2024, 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
624 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£409,030
Price Per sq ft (estimate)
£655
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 38, 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 3 May 2024.

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 22 Feb 2011, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 7%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric instantaneous at point of use to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • 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).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
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

36 th / 81
Price Rank
11% higher than average
54 th / 76
Size Rank
0% same size than average
25 th / 76
Price Per Sq FT Rank
12% higher than average

Compared to other properties in IG2 7HR , this flat's estimated value ranks 36th out of 81. Based on price per square foot, it ranks 25th 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 54th 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: 3
size: 667 sq ft
sale price: £280,000
sale date: 24 Jan 2025
rooms: 3
size: 657 sq ft
sale price: £275,000
sale date: 16 Oct 2020
rooms: 3
size: 678 sq ft
sale price: £295,000
sale date: 23 Jan 2018
rooms: 3
size: 635 sq ft
sale price: £317,000
sale date: 1 Nov 2017
rooms: 3
size: 689 sq ft
sale price: £310,000
sale date: 5 May 2017

Data Sources

The property at Flat 38, 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 3 May 2024. 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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