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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Public records show 56, Monkwood Close, Romford to be a modern leasehold apartment with 516 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
56, Monkwood Close, Romford has an estimated sale value of £236,573 and an estimated rental value of £1,337 per month, assuming reasonable condition and based on the information available.
Monkwood Close, Romford, RM1 lies in the borough of Havering, within the RM1 postal district.
56, Monkwood Close, Romford has 41 entries in the Land Registry , most recently in February 2015 and a single entry in the EPC database dated September 2022.
We combine this information with that 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.
In very good condition, we estimate 56, Monkwood Close, Romford would be worth £248,401, with a potential rental value of £1,404 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £220,013, with a rental value of £1,244 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 56, Monkwood Close, Romford has climbed by £2,293 (1.0%) over the last year. During the same period, its estimated monthly rental value has risen by £38 (2.8%). The property's estimated gross yield is currently 6.8%.
56, Monkwood Close, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Sep 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
56, Monkwood Close, Romford last changed hands on 27th February 2015, selling for £205,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 32.6% since February 2015.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 430 metres of 56, Monkwood Close, Romford across the last 2 years.
Most recently, 5, Monkwood Close, Romford, RM1 2NQ, a leasehold flat, sold at £240,000 on the 23rd March 2026.
Read more about house prices in RM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 56, Monkwood Close, Romford as the 52nd largest and the 52nd most expensive of the 73 addresses on Monkwood Close, Romford, RM1.
Against the RM1 postcode district average, it is £181k less expensive than the typical property.
Romford station is the nearest stop to 56, Monkwood Close, Romford at 600 metres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 56, Monkwood Close, Romford, 51.6% of property is privately rented and 22.6% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 56, Monkwood Close, Romford, 20.3% of residents are recorded as possessing school level qualifications and 38.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 56, Monkwood Close, Romford, the average age was 37 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 56, Monkwood Close, Romford, 0.4% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 56, Monkwood Close, Romford, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
