Flat 59, 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 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £409,030 , which equates to approximately £521 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

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
2nd floor
Price (estimate)
£409,030
Price Per sq ft (estimate)
£521
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 59, 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 26 Dec 2018.

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 21 Oct 2008. The rating of C remains the same, but the energy efficiency score improved by 1.3%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency changing from average to poor.
  • The lighting was updated from no low energy lighting to low energy lighting in 67% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to IG2 7HR

30 th / 81
Price Rank
11% higher than average
4 th / 76
Size Rank
25% bigger than average
69 th / 76
Price Per Sq FT Rank
11% lower than average

Compared to other properties in IG2 7HR , this flat's estimated value ranks 30th out of 81. Based on price per square foot, it ranks 69th 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 4th 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: 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 59, Memorial Heights Monarch Way, Newbury Park, Ilford, Redbridge, Greater London Authority, IG2 7HR appears once in the Land Registry records, with the transaction recorded on 20 Dec 2004. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 26 Dec 2018. 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.