12, Verve Apartments, 5 Mercury Gardens, Romford, RM1 3FB is a leasehold flat The property offers approximately 484 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £287,086 , which equates to approximately £593 per square foot. It was last sold on 31 Mar 2017 for £255,000. Since then, the value has increased by £32,086, representing a 12.6% increase, or approximately 1.4% per year.

The current estimated value of £287,086 is:

  • 7.9% lower than the average property price on Mercury Gardens
  • 10.0% higher than the average in the RM1 3FB postcode area
  • and 36.0% lower than the average price for Romford as a whole

View sold house prices in RM1 3FB

Building approximate location

About Property

Type
Flat
Built
Interior Size
484 sq ft
Tenure
Leasehold
Price (estimate)
£287,086
Price Per sq ft (estimate)
£593
Bedroom Count (estimate)
1 bedroom

EPC Summary

12, Verve Apartments, 5 Mercury Gardens, Romford, Havering, Greater London Authority, RM1 3FB has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 28 Jul 2016.

This property uses an electric boiler with radiators as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are high performance glazing.

Heating Type
Boiler and radiators, electric
Very Poor
Hot Water
Electric instantaneous at point of use
Very Poor
Floor
Average thermal transmittance 1.20 W/m-¦K
Very Poor
Walls
Average thermal transmittance 0.85 W/m-¦K
Average
Windows
High performance glazing
Very Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RM1 3FB

41 st / 66
Price Rank
10% higher than average
8 th / 65
Size Rank
18% bigger than average
60 th / 65
Price Per Sq FT Rank
6% lower than average

Compared to other properties in RM1 3FB , this flat's estimated value ranks 41th out of 66. Based on price per square foot, it ranks 60th out of 65 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 8th out of 65 properties in its postcode area.

Sale History

Today
£287,086
streetscan.co.uk estimate
+13 %
31 Mar 2017
£255,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms:
size: 484 sq ft
sale price: £250,000
sale date: 19 Dec 2024
rooms:
size: 452 sq ft
sale price: £225,000
sale date: 4 Nov 2024
rooms:
size: 420 sq ft
sale price: £230,000
sale date: 1 Aug 2024
rooms:
size: 484 sq ft
sale price: £250,000
sale date: 5 Jul 2024
rooms:
size: 463 sq ft
sale price: £260,000
sale date: 17 Apr 2024

Data Sources

The property at 12, Verve Apartments, 5 Mercury Gardens, Romford, Havering, Greater London Authority, RM1 3FB appears once in the Land Registry records, with the transaction recorded on 31 Mar 2017. It also has a single Energy Performance Certificate (EPC) from 28 Jul 2016. 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.