104, Lexicon Apartments Mercury Gardens, Romford, RM1 3HG is a leasehold flat built between 2007-2011. The property offers approximately 624 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £244,482 , which equates to approximately £392 per square foot. It was last sold on 7 Nov 2016 for £215,000. Since then, the value has increased by £29,482, representing a 13.7% increase, or approximately 1.5% per year.

The current estimated value of £244,482 is:

  • 21.5% lower than the average property price on Mercury Gardens
  • 15.3% lower than the average in the RM1 3HG postcode area
  • and 45.5% lower than the average price for Romford as a whole

At the most recent EPC inspection on 8 March 2024, the property was recorded as rented.

View sold house prices in RM1 3HG

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
624 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£244,482
Price Per sq ft (estimate)
£392
Bedroom Count (estimate)
1 bedroom

EPC Summary

104, Lexicon Apartments Mercury Gardens, Romford, Havering, Greater London, RM1 3HG has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 8 Mar 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 18 Jun 2012, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 3.8%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from system built, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 30% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RM1 3HG

23 rd / 35
Price Rank
15% lower than average
19 th / 27
Size Rank
5% smaller than average
22 nd / 27
Price Per Sq FT Rank
10% lower than average

Compared to other properties in RM1 3HG , this flat's estimated value ranks 23th out of 35. Based on price per square foot, it ranks 22th out of 27 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 19th out of 27 properties in its postcode area.

Sale History

Today
£244,482
streetscan.co.uk estimate
+14 %
7 Nov 2016
£215,000
Leasehold
+74.8 %
1 Oct 2012
£123,000
Leasehold
-33.5 %
25 May 2007
£185,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 646 sq ft
sale price: £290,000
sale date: 1 Apr 2022
rooms: 2
size: 624 sq ft
sale price: £224,000
sale date: 15 Jul 2016
rooms: 2
size: 635 sq ft
sale price: £148,600
sale date: 22 May 2015
rooms: 2
size: 635 sq ft
sale price: £132,000
sale date: 30 May 2014
rooms: 3
size: 681 sq ft
sale price: £172,500
sale date: 31 Oct 2011

Data Sources

The property at 104, Lexicon Apartments Mercury Gardens, Romford, RM1 3HG appears three times in the Land Registry records, with the latest transaction recorded on 7 Nov 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 8 Mar 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.