18, Monkwood Close
18, Monkwood Close
Description & Estimates
18, Monkwood Close, Romford is described in the public record as a modern apartment with 495 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 18, Monkwood Close, Romford is £231,418 and its rental estimate is £1,311 per month, given the available information and assuming reasonable condition.
Monkwood Close, Romford, RM1 falls within the RM1 postal district, in the borough of Havering.
Our Data Sources
18, Monkwood Close, Romford has no records in the the Land Registry and a single entry in the EPC database dated November 2017.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 18, Monkwood Close, Romford, we estimate a market value of £242,989 and a rental value of £1,377 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £215,219 and £1,219 per month respectively.
Recent Market Change
Over the last year, 18, Monkwood Close, Romford has seen its estimated sale value rise by £2,243 (1.0%) and its estimated rental value move up by £37 per month (2.8%). This results in an estimated gross rental yield of 6.8%.
Energy Efficiency
18, Monkwood Close, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Nov 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 18, Monkwood Close, Romford have sold within a radius of 430 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th August 2024, was 8, Monkwood Close, Romford, RM1 2NQ, a leasehold flat which sold for £200,000.
Read more about house prices in RM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 73 addresses on Monkwood Close, Romford, RM1, 18, Monkwood Close, Romford comes out as the 67th largest and the 67th most expensive in our analysis of the public data.
It is also £187k less expensive than the average property across the RM1 district.
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Schools Nearby
- 600mHylands Primary School
- 700mGidea Park Primary School
- 800mSquirrels Heath Primary School
- 600mThe Frances Bardsley Academy for Girls
- 1.5kmThe Royal Liberty School
- 1.6kmMarshalls Park Academy
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Public Transport Nearby
From 18, Monkwood Close, Romford, the nearest station is Romford, 600 metres away.
- 700mRomford
- 1.0kmGidea Park
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
