49, MONKHAMS DRIVE, WOODFORD GREEN, IG8 0LE - £1,199,250

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

49 MONKHAMS DRIVE is a midsized extended detached house of 164m², built sometime between 1900 and 1929, which could now be worth an estimated £1,454,904. It was last sold for £1,199,250 in October 2019, which was around 33% above the average October 2019 detached price in the Redbridge local authority area. The most recent EPC inspection was April 2010, where the current energy rating was F, and the potential energy rating was E.

49 MONKHAMS DRIVE Sold Prices

Land registry data shows two sales for 49 MONKHAMS DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redbridge local authority area for the corresponding sale date. Both of the two 49 MONKHAMS DRIVE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 11 OCT	£1,199,250	£900,016	33% above HPI
2014 25 JUL	£1,080,444	£664,508	63% above HPI

49 MONKHAMS DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Redbridge local authority area over time, sourced from the HPI. The two 49 MONKHAMS DRIVE sales from July 2014 and October 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2014 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the October 2019 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 49 MONKHAMS DRIVE be worth now?

49 MONKHAMS DRIVE might now be worth an estimated £1,454,904.

This is based on house price inflation of 21.3%, between October 2019 and December 2024, for detached houses, in the Redbridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.3% inflationary increase is applied to the most recent sale price for 49 MONKHAMS DRIVE of £1,199,250 on 11th October 2019. For the value to have increased from £1,199,250 to £1,454,904 over the four years and ten months to December 2024, the following assumptions must hold true:

• The value of 49 MONKHAMS DRIVE has moved in line with the HPI for detached houses in the Redbridge local authority area.
• The October 2019 sale price of £1,199,250 represented a fair market value for the property.
• The size, condition, and specification of 49 MONKHAMS DRIVE has not materially changed since October 2019.

How Large is 49 MONKHAMS DRIVE?

49 MONKHAMS DRIVE is 164m², which includes two extensions, according to the EPC inspection conducted in April 2010. This puts it in the largest 50% of detached houses houses in Woodford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodford, and where 49 MONKHAMS DRIVE lies on this distribution: 53% of detached houses houses are smaller than 49 MONKHAMS DRIVE, and 47% of houses are larger. Note that EPC data is not available for all properties in Woodford.

49 MONKHAMS DRIVE: Plot and Title Map

49 MONKHAMS DRIVE sits on a plot of roughly 0.128 of an acre, or 520m². The below map shows the location of 49 MONKHAMS DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 49 MONKHAMS DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 49 MONKHAMS DRIVE?

49 MONKHAMS DRIVE is located in WOODFORD GREEN, in the IG8 postcode district. The below map shows the position of No. 49 on MONKHAMS DRIVE.