Property profile

48Monkwood Close

Map showing 48, Monkwood Close, Romford

Estimated sale price

£245,000

Flats sold in St Alban's

The box shows the middle 50% of flats sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold17 Nov 2003
£149,995Change since last sale: +£97,000 (+65%)
Annualised change
+2.2% per yearHavering annualised change (flats) since 2003: +3.1% per yearThis property's value grew slower than the market
Price per sq ftLocal median £443 per sq ft
£425 per sq ftEstimate vs local median: −£18 per sq ft (−4.0%)
Local sold pricesMedian for flats in St Alban's
£240,000Estimate vs local median: +£7,000 (+3.0%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeFlat / Mid-Terrace
TenureLeasehold
Construction period1991-1995
Floor area54 m² / 581 sq ft
Rooms3 habitable / 3 heated
Floor level2
EPC ratingC
EPC inspection06 Jul 2017

Sales history

DatePriceChange
17 Nov 2003£149,995+104%
30 Jun 1998£73,500-

Local market

Property prices in St Alban's

Median price£380,000
Price per sq ft£465
Sales (last 12 months)99
Typical range (middle 50%)£250K – £451K

Based on 99 recent sales, the median property price is £380,000 (about £465 per square foot) in St Alban's area, with individual transactions ranging from £77,000 up to £800,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in St Alban's over the last year.
TypeSalesMedian£/sq ft
Detached4£627,500£456
Semi-Detached23£475,100£505
Terraced25£425,000£499
Flats47£240,000£443

10-year price trendmedian sale price in St Alban's

Sale price

Ten year median sale price trend for each property type in St Alban's.
YearDetachedFlatsSemi-DetachedTerraced
2016£370,000£245,250£345,000£333,000
2017£425,000£245,000£375,000£350,000
2018£470,000£245,000£370,000£362,500
2019£615,000£225,000£375,000£342,500
2020£550,000£215,000£432,500£382,500
2021£550,000£247,500£395,000£360,000
2022£609,000£259,000£437,500£424,050
2023£547,500£227,500£415,000£414,000
2024£477,500£240,000£460,000£420,000
2025£646,250£242,500£450,500£430,500
2026£627,500£250,000£495,000£423,750
Ten year median sale price trend for each property type in St Alban's.

Price per sq ft

Ten year median sale price per square foot trend for each property type in St Alban's.
YearDetachedFlatsSemi-DetachedTerraced
2016£441£387£376£419
2017£315£399£401£419
2018£489£423£402£420
2019£461£414£395£397
2020£389£404£404£427
2021£458£400£436£439
2022£424£434£472£475
2023£461£405£497£465
2024£377£442£486£453
2025£451£422£509£493
2026£456£461£499£526
Ten year median sale price per square foot trend for each property type in St Alban's.

Price distribution by property typelast 12 months

Price distribution by property type for St Alban's in the last year.

Recent sales

There were 50+ recent sold properties in the last 18 months near RM1 2NQ.

Recent sold properties in the last 18 months near RM1 2NQ
DateAddressTypeTenurePriceMap
10 Apr 202653, Monkwood Close, Romford, RM1 2NQFlatsLeasehold£268,000
23 Mar 20265, Monkwood Close, Romford, RM1 2NQFlatsLeasehold£240,000
03 Oct 202571, Monkwood Close, Romford, RM1 2NQFlatsLeasehold£236,250
02 Jul 202572, Monkwood Close, Romford, RM1 2NQFlatsLeasehold£250,000
27 Jun 202543, Monkwood Close, Romford, RM1 2NQFlatsLeasehold£268,000

Other properties at this postcode

AddressTenureFloor areaLast sale
1 Monkwood Close, Romford, RomfordLeasehold55 m²£78,000 (1998)
2 Monkwood Close, Romford, RomfordLeasehold45 m²£220,000 (2022)
3 Monkwood Close, RomfordLeasehold55 m²£62,500 (1997)
4, Monkwood Close, RomfordLeasehold40 m²£224,000 (2021)
5 Monkwood Close, Romford, RomfordLeasehold55 m²£240,000 (2026)
6, Monkwood Close, RomfordLeasehold46 m²£236,500 (2020)
7, Monkwood Close, RomfordLeasehold46 m²£56,500 (1997)
8, Monkwood Close, RomfordLeasehold41 m²£200,000 (2024)
10, Monkwood Close, RomfordLeasehold49 m²£107,995 (2001)
11 Monkwood Close, RomfordLeasehold46 m²£56,000 (1997)

Area insights for RM1 2NQ

Full area profile →

Overview

Postcode RM1 2NQ is located in a major urban area, within the St Alban's ward of Havering in the London region, and forms part of the Central Romford area. It has high deprivation and high crime levels, with around 103.1 crimes per 1,000 residents per year, about 20% below the London average of 130 per 1,000. The average income per household in Central Romford is £64,316 per year. The nearest station is Romford, about 0.5 miles away. There are 11 primary and 3 secondary schools in the area. There is 1 park nearby, the closest large park is Lodge Farm Park.

Crime rate
8/10
Crimes per 1k residents
103
Deprivation level
7/10
Income level
2/10
Social housing
12.1%
Connectivity
4/10
Flood Risk
No risk
Noise Level
Very High

Deprivation level

7/10

Central Romford has a high level of deprivation, ranked at position 13,421 out of 32,844 areas in the United Kingdom, placing it within the top 41% most deprived areas in England.

Crime level

8/10

Central Romford has a high crime rate, with approximately 103.1 reported incidents per 1,000 population each year.

Social housing

12.1%

Approximately 12.1% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 17.9% of dwellings are socially rented.

Income level

2/10

The average income per household in Central Romford is £64,316 per year.

Noise Level

Very High

Very High noise level (>=75.0 dB) from rail, approximately 118 ft away from RM1 2NQ.

Flood risk

No risk

Central Romford near RM1 2NQ has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

4/10

The nearest station is Romford located about 0.5 miles away. There are 2 stations nearby.

Nearby public transport stations for RM1 2NQ
DistanceZoneNameLinesDirections
0.5 mi

6

Romford

Elizabeth, Greater Anglia, Overground

Walking directions to Romford
0.6 mi

6

Gidea Park

Elizabeth, Greater Anglia

Walking directions to Gidea Park

Parks

Nearby parks and green spaces for RM1 2NQ
DistanceNameSizeDirections
0.3 miLodge Farm ParkLargeWalking directions to Lodge Farm Park

Area Profile

Population
276
Population density
10,413.5 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
47.57(+53%)
Shoplifting
17.55(+76%)
Other theft
12.46(+9%)
Public order
11.89(+76%)
Anti-social behaviour
8.49(-68%)
London average

Demographics

Ethnic groups

British
123
44.57%
Other White
46
16.67%
Other Asian
25
9.06%
African
20
7.25%
Pakistani
16
5.8%
Total population: 276

Economics

Education (age 16+)

Level 4+ (Degree)
83
38.79%
No qualifications
40
18.69%
Level 3 (A level)
33
15.42%
Level 2 (GCSEs 9-4)
32
14.95%
Level 1 (GCSEs 3-1)
17
7.94%
Total 16+ residents: 214

Housing

Housing tenure

Private landlord or letting agency
60
48.39%
Owns with a mortgage
28
22.58%
Owns outright
15
12.1%
Other social rented
12
9.68%
Other forms of private rent
4
3.23%
Total households: 124

Schools

In the RM1 2NQ postcode area, located within Central Romford, there are 11 primary and 3 secondary schools in close proximity.

Nearby primary and secondary schools for RM1 2NQ
DistancePhaseNameTypeRating
0.3 miNot applicableBep AcademyOther independent school

Good

0.3 miPrimaryHylands Primary SchoolCommunity school

Good

0.4 miNot applicableThe BridgeOther independent special school

Good

Local amenities

10 nearby supermarkets & convenience stores within mi of RM1 2NQ

Nearby supermarkets & convenience stores for RM1 2NQ
DistanceNameAddressDirections
0.1 miCarlton Food & Wine2 Carlton Road, Romford, RM2 5AAWalking directions to Carlton Food & Wine
0.4 miAsdaMercury Gardens, Romford, RM1 3EEWalking directions to Asda
0.4 miNisa Local54-56 Brentwood Road, Romford, RM1 2EPWalking directions to Nisa Local
0.4 miTesco ExpressMain Road, Havering, RM1 3BTWalking directions to Tesco Express
0.4 miAforda153 South Street, Romford, RM1 1PLWalking directions to Aforda