Flat 85, Memorial Heights Monarch Way, Newbury Park, Ilford, IG2 7HS is a leasehold flat built between 1991-1995. The property offers approximately 775 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 £409,030 , which equates to approximately £528 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
  • 11.2% higher than the average in the IG2 7HS postcode area
  • and 17.6% lower than the average price for Ilford as a whole

At the most recent EPC inspection on 15 August 2023, the property was recorded as rented.

View sold house prices in IG2 7HS

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
775 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£409,030
Price Per sq ft (estimate)
£528
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 85, 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 15 Aug 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 28 Aug 2013. The rating of C is unchanged, though the energy efficiency score decreased by 1.3%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from average to very poor.
  • The roof construction or insulation changed from flat, insulated (assumed) to (another dwelling above), changing energy efficiency from good to n/a.
  • 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
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to IG2 7HS

20 th / 80
Price Rank
11% higher than average
5 th / 72
Size Rank
30% bigger than average
67 th / 72
Price Per Sq FT Rank
14% lower than average

Compared to other properties in IG2 7HS , this flat's estimated value ranks 20th out of 80. Based on price per square foot, it ranks 67th 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 5th out of 72 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: 797 sq ft
sale price: £275,000
sale date: 15 Sep 2023
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: 850 sq ft
sale price: £242,000
sale date: 28 Feb 2017
rooms: 3
size: 678 sq ft
sale price: £285,000
sale date: 28 Oct 2016

Data Sources

The property at Flat 85, Memorial Heights Monarch Way, Newbury Park, Ilford, Redbridge, Greater London, IG2 7HS 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 15 Aug 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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