Flat 83, Memorial Heights Monarch Way, Newbury Park, Ilford, IG2 7HS is a leasehold flat built between 2003-2006. The property offers approximately 678 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 £325,714 , which equates to approximately £480 per square foot. It was last sold on 28 Oct 2016 for £285,000. Since then, the value has increased by £40,714, representing a 14.3% increase, or approximately 1.6% per year.

The current estimated value of £325,714 is:

  • 18.2% lower than the average property price on Monarch Way
  • 11.5% lower than the average in the IG2 7HS postcode area
  • and 34.4% lower than the average price for Ilford as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. 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 9 April 2021, the property was recorded as owner-occupied.

View sold house prices in IG2 7HS

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
678 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£325,714
Price Per sq ft (estimate)
£480
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 83, Memorial Heights Monarch Way, Newbury Park, Ilford, Redbridge, Greater London, IG2 7HS has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 9 Apr 2021.

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 27 May 2010. The rating of C remains the same, but the energy efficiency score improved by 2.8%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from cavity wall, filled cavity to system built, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor 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 7HS

50 th / 80
Price Rank
11% lower than average
16 th / 72
Size Rank
14% bigger than average
53 rd / 72
Price Per Sq FT Rank
22% lower than average

Compared to other properties in IG2 7HS , this flat's estimated value ranks 50th out of 80. Based on price per square foot, it ranks 53th out of 72 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 16th out of 72 properties in its postcode area.

Sale History

Today
£325,714
streetscan.co.uk estimate
+14 %
28 Oct 2016
£285,000
Leasehold
+31 %
20 Dec 2004
£217,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 667 sq ft
sale price: £286,000
sale date: 13 Dec 2019
rooms: 3
size: 678 sq ft
sale price: £315,000
sale date: 21 Jul 2017
rooms: 2
size: 775 sq ft
sale price: £293,000
sale date: 29 Mar 2016
rooms: 2
size: 581 sq ft
sale price: £235,000
sale date: 11 Mar 2016
rooms: 3
size: 667 sq ft
sale price: £285,000
sale date: 7 Dec 2015

Data Sources

The property at Flat 83, Memorial Heights Monarch Way, Newbury Park, Ilford, IG2 7HS appears two times in the Land Registry records, with the latest transaction recorded on 28 Oct 2016. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Apr 2021. 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.