Flat 74, Memorial Heights Monarch Way, Newbury Park, Ilford, IG2 7HR is a leasehold flat built between 2003-2006. The property offers approximately 807 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £437,308 , which equates to approximately £542 per square foot. It was last sold on 29 Apr 2005 for £229,500. Since then, the value has increased by £207,808, representing a 90.5% increase, or approximately 4.4% per year.

The current estimated value of £437,308 is:

  • 9.8% higher than the average property price on Monarch Way
  • 19.0% higher than the average in the IG2 7HR postcode area
  • and 11.9% lower than the average price for Ilford as a whole

At the most recent EPC inspection on 19 April 2023, 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
807 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£437,308
Price Per sq ft (estimate)
£542
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 74, 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 19 Apr 2023.

This property uses electric storage 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 28 Oct 2014, when the property was rated F. Since then, the rating has improved to C, with the energy efficiency score increasing by 94.7%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from flat, no insulation to flat, insulated (assumed), improving energy efficiency from very poor to good.
  • 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 40% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
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

10 th / 81
Price Rank
19% higher than average
2 nd / 76
Size Rank
29% bigger than average
67 th / 76
Price Per Sq FT Rank
8% lower than average

Compared to other properties in IG2 7HR , this flat's estimated value ranks 10th out of 81. Based on price per square foot, it ranks 67th 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 2nd out of 76 properties in its postcode area.

Sale History

Today
£437,308
streetscan.co.uk estimate
+91 %
29 Apr 2005
£229,500
Leasehold

Area Insights

Similar Properties Sold Nearby

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
rooms: 3
size: 721 sq ft
sale price: £280,000
sale date: 18 Mar 2016

Data Sources

The property at Flat 74, Memorial Heights Monarch Way, Newbury Park, Ilford, Redbridge, Greater London, IG2 7HR appears once in the Land Registry records, with the transaction recorded on 29 Apr 2005. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 19 Apr 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.


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.