1, Maxim Tower Mercury Gardens, Romford, RM1 3HE is a leasehold flat built between 2003-2006. The property offers approximately 775 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £292,532 , which equates to approximately £377 per square foot. It was last sold on 19 Oct 2018 for £265,000. Since then, the value has increased by £27,532, representing a 10.4% increase, or approximately 1.5% per year.

The current estimated value of £292,532 is:

  • 6.1% lower than the average property price on Mercury Gardens
  • 18.6% lower than the average in the RM1 3HE postcode area
  • and 34.8% lower than the average price for Romford as a whole

At the most recent EPC inspection on 19 July 2024, the property was recorded as owner-occupied.

View sold house prices in RM1 3HE

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
775 sq ft
Tenure
Leasehold
Price (estimate)
£292,532
Price Per sq ft (estimate)
£377
Bedroom Count (estimate)
2 bedrooms

EPC Summary

1, Maxim Tower Mercury Gardens, Romford, Havering, Greater London, RM1 3HE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 19 Jul 2024.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 12 Mar 2010, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 1.5%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water system was changed from electric immersion, standard tariff to from main system, with its energy efficiency changing from very good to average.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to system built, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from no low energy lighting to low energy lighting in 75% of fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Average
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 75% of fixed outlets
Very Good

Compared to RM1 3HE

27 th / 45
Price Rank
19% lower than average
4 th / 40
Size Rank
14% bigger than average
37 th / 40
Price Per Sq FT Rank
29% lower than average

Compared to other properties in RM1 3HE , this flat's estimated value ranks 27th out of 45. Based on price per square foot, it ranks 37th out of 40 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 4th out of 40 properties in its postcode area.

Sale History

Today
£292,532
streetscan.co.uk estimate
+10 %
19 Oct 2018
£265,000
Leasehold
+9.5 %
28 Sep 2006
£241,995
Leasehold

Area Insights

Similar Properties Sold Nearby

29, Maxim Tower Mercury Gardens, Romford, RM1 3HE
rooms: 3
size: 721 sq ft
sale price: £251,000
sale date: 22 Jan 2024
16, Maxim Tower Mercury Gardens, Romford, RM1 3HE
rooms: 3
size: 743 sq ft
sale price: £250,000
sale date: 16 Jun 2023
12, Maxim Tower Mercury Gardens, Romford, RM1 3HE
rooms: 3
size: 753 sq ft
sale price: £305,000
sale date: 2 Apr 2019
39, Maxim Tower Mercury Gardens, Romford, RM1 3HE
rooms: 3
size: 700 sq ft
sale price: £260,000
sale date: 6 Jun 2018
23, Maxim Tower Mercury Gardens, Romford, RM1 3HE
rooms: 3
size: 678 sq ft
sale price: £265,000
sale date: 25 Apr 2018

Data Sources

The property at 1, Maxim Tower Mercury Gardens, Romford, RM1 3HE appears two times in the Land Registry records, with the latest transaction recorded on 19 Oct 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 19 Jul 2024. 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.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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