Flat 43, Memorial Heights Monarch Way, Newbury Park, Ilford, IG2 7HR is a leasehold flat built between 2003-2006. The property offers approximately 710 square feet of living space and is situated on the 6th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £306,713 , which equates to approximately £432 per square foot. It was last sold on 20 Dec 2013 for £192,000. Since then, the value has increased by £114,713, representing a 59.7% increase, or approximately 5.0% per year.

The current estimated value of £306,713 is:

  • 23.0% lower than the average property price on Monarch Way
  • 16.5% lower than the average in the IG2 7HR postcode area
  • and 38.2% lower than the average price for Ilford as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (3 out of 4 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 28 October 2023, the property was recorded as rented.

View sold house prices in IG2 7HR

Building approximate location

About Property

Type
Terraced Maisonette
Built
2003-2006
Interior Size
710 sq ft
Tenure
Leasehold
Floor level
6th floor
Price (estimate)
£306,713
Price Per sq ft (estimate)
£432
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 43, Memorial Heights Monarch Way, Newbury Park, Ilford, Redbridge, Greater London, IG2 7HR has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 28 Oct 2023.

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 15 Aug 2013. The rating of D is unchanged, though the energy efficiency score decreased by 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 hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from poor to very poor.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to system built, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 64% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Roof
Flat, insulated (assumed)
Good
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 7HR

63 rd / 81
Price Rank
17% lower than average
15 th / 76
Size Rank
13% bigger than average
61 st / 76
Price Per Sq FT Rank
26% lower than average

Compared to other properties in IG2 7HR , this maisonette's estimated value ranks 63th out of 81. Based on price per square foot, it ranks 61th out of 76 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 15th out of 76 properties in its postcode area.

Sale History

Today
£306,713
streetscan.co.uk estimate
+60 %
20 Dec 2013
£192,000
Leasehold
-11.7 %
20 Dec 2004
£217,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 721 sq ft
sale price: £165,200
sale date: 12 May 2016
rooms: 2
size: 743 sq ft
sale price: £166,000
sale date: 2 Aug 2013
rooms: 2
size: 678 sq ft
sale price: £222,500
sale date: 18 Dec 2007
rooms: 2
size: 657 sq ft
sale price: £208,250
sale date: 29 Apr 2005
rooms: 2
size: 807 sq ft
sale price: £217,500
sale date: 20 Dec 2004

Data Sources

The property at Flat 43, Memorial Heights Monarch Way, Newbury Park, Ilford, IG2 7HR appears two times in the Land Registry records, with the latest transaction recorded on 20 Dec 2013. It also has four Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Oct 2023. 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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