Flat 53, Memorial Heights Monarch Way, Newbury Park, Ilford, IG2 7HR is a leasehold flat built between 2003-2006. The property offers approximately 786 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £315,000 , which equates to approximately £401 per square foot. It was last sold on 22 Dec 2010 for £185,000. Since then, the value has increased by £130,000, representing a 70.3% increase, or approximately 4.7% per year.

The current estimated value of £315,000 is:

  • 20.9% lower than the average property price on Monarch Way
  • 14.3% lower than the average in the IG2 7HR postcode area
  • and 36.5% lower than the average price for Ilford as a whole

At the most recent EPC inspection on 4 January 2020, the property was recorded as owner-occupied.

View sold house prices in IG2 7HR

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
786 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£315,000
Price Per sq ft (estimate)
£401
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 53, Memorial Heights Monarch Way, Newbury Park, Ilford, Redbridge, Greater London Authority, IG2 7HR has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 4 Jan 2020.

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 21 Aug 2009. The rating of C is unchanged, though the energy efficiency score decreased by 5.1%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from average to very poor, while the system remained as electric immersion, standard tariff.
  • The lighting was updated from low energy lighting in 60% 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
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

72 nd / 81
Price Rank
14% lower than average
5 th / 76
Size Rank
25% bigger than average
73 rd / 76
Price Per Sq FT Rank
32% lower than average

Compared to other properties in IG2 7HR , this flat's estimated value ranks 72th out of 81. Based on price per square foot, it ranks 73th 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 5th out of 76 properties in its postcode area.

Sale History

Today
£315,000
streetscan.co.uk estimate
+70 %
22 Dec 2010
£185,000
Leasehold
-9.8 %
19 May 2005
£205,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 678 sq ft
sale price: £295,000
sale date: 23 Jan 2018
rooms: 3
size: 732 sq ft
sale price: £290,000
sale date: 18 Oct 2017
rooms: 3
size: 689 sq ft
sale price: £310,000
sale date: 5 May 2017
rooms: 3
size: 689 sq ft
sale price: £310,000
sale date: 28 Oct 2016
rooms: 2
size: 721 sq ft
sale price: £165,200
sale date: 12 May 2016

Data Sources

The property at Flat 53, Memorial Heights Monarch Way, Newbury Park, Ilford, IG2 7HR appears two times in the Land Registry records, with the latest transaction recorded on 22 Dec 2010. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Jan 2020. 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.