16, Maxim Tower Mercury Gardens, Romford, RM1 3HE is a leasehold flat built between 2003-2006. The property offers approximately 743 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £261,538 , which equates to approximately £352 per square foot. It was last sold on 16 Jun 2023 for £250,000. Since then, the value has increased by £11,538, representing a 4.6% increase, or approximately 1.9% per year.

The current estimated value of £261,538 is:

  • 16.1% lower than the average property price on Mercury Gardens
  • 27.3% lower than the average in the RM1 3HE postcode area
  • and 41.7% lower than the average price for Romford as a whole

At the most recent EPC inspection on 24 February 2023, 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
743 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£261,538
Price Per sq ft (estimate)
£352
Bedroom Count (estimate)
2 bedrooms

EPC Summary

16, Maxim Tower Mercury Gardens, Romford, Havering, Greater London, RM1 3HE has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 24 Feb 2023.

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 4 Jul 2011, and the property received the same rating of B with an unchanged energy efficiency score of 81.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 38% of fixed outlets to low energy lighting in 82% of 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
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 82% of fixed outlets
Very Good

Compared to RM1 3HE

32 nd / 45
Price Rank
27% lower than average
8 th / 40
Size Rank
9% bigger than average
36 th / 40
Price Per Sq FT Rank
33% lower than average

Compared to other properties in RM1 3HE , this flat's estimated value ranks 32th out of 45. Based on price per square foot, it ranks 36th 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 8th out of 40 properties in its postcode area.

Sale History

Today
£261,538
streetscan.co.uk estimate
+5 %
16 Jun 2023
£250,000
Leasehold
+6.4 %
29 Dec 2006
£235,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 635 sq ft
sale price: £277,000
sale date: 8 Feb 2024
rooms: 3
size: 721 sq ft
sale price: £251,000
sale date: 22 Jan 2024
rooms: 3
size: 646 sq ft
sale price: £260,000
sale date: 14 Aug 2019
rooms: 3
size: 753 sq ft
sale price: £305,000
sale date: 2 Apr 2019
rooms: 3
size: 775 sq ft
sale price: £265,000
sale date: 19 Oct 2018

Data Sources

The property at 16, Maxim Tower Mercury Gardens, Romford, RM1 3HE appears two times in the Land Registry records, with the latest transaction recorded on 16 Jun 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Feb 2023. 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.