173, Index Apartments Mercury Gardens, Romford, RM1 3HS is a leasehold flat built between 1996-2002. The property offers approximately 495 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £245,397 , which equates to approximately £496 per square foot. It was last sold on 16 Feb 2024 for £230,000. Since then, the value has increased by £15,397, representing a 6.7% increase, or approximately 3.7% per year.

The current estimated value of £245,397 is:

  • 21.3% lower than the average property price on Mercury Gardens
  • 22.3% lower than the average in the RM1 3HS postcode area
  • and 45.3% lower than the average price for Romford as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 14 July 2023, the property was recorded as owner-occupied.

View sold house prices in RM1 3HS

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
495 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£245,397
Price Per sq ft (estimate)
£496
Bedroom Count (estimate)
1 bedroom

EPC Summary

173, Index Apartments Mercury Gardens, Romford, Havering, Greater London, RM1 3HS has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 14 Jul 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 15 Oct 2010, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 9.2%.

Since the previous assessment, several changes were observed:

  • The lighting was changed from low energy lighting in all fixed outlets to low energy lighting in 90% of fixed outlets, with no change in efficiency (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
Average
Lighting
Low energy lighting in 90% of fixed outlets
Very Good

Compared to RM1 3HS

37 th / 39
Price Rank
22% lower than average
29 th / 35
Size Rank
25% smaller than average
14 th / 35
Price Per Sq FT Rank
4% higher than average

Compared to other properties in RM1 3HS , this flat's estimated value ranks 37th out of 39. Based on price per square foot, it ranks 14th out of 35 properties. In terms of size, this home ranks 29th out of 35 properties in its postcode area.

Sale History

Today
£245,397
streetscan.co.uk estimate
+7 %
16 Feb 2024
£230,000
Leasehold
-4.2 %
25 Aug 2017
£240,000
Leasehold
+60 %
30 Nov 2012
£150,000
Leasehold
-14.8 %
16 Mar 2007
£175,995
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 549 sq ft
sale price: £209,000
sale date: 1 Nov 2019
rooms: 2
size: 506 sq ft
sale price: £240,000
sale date: 30 Sep 2016
rooms: 2
size: 463 sq ft
sale price: £242,500
sale date: 22 Jul 2016
rooms: 2
size: 484 sq ft
sale price: £207,000
sale date: 23 Mar 2016
rooms: 2
size: 476 sq ft
sale price: £220,000
sale date: 23 Mar 2016

Data Sources

The property at 173, Index Apartments Mercury Gardens, Romford, RM1 3HS appears four times in the Land Registry records, with the latest transaction recorded on 16 Feb 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Jul 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.