178, Index Apartments Mercury Gardens, Romford, RM1 3HS is a leasehold flat built between 2003-2006. The property offers approximately 495 square feet of living space and is situated on the 6th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £293,752 , which equates to approximately £593 per square foot. It was last sold on 9 Mar 2007 for £179,995. Since then, the value has increased by £113,757, representing a 63.2% increase, or approximately 3.4% per year.

The current estimated value of £293,752 is:

  • 5.7% lower than the average property price on Mercury Gardens
  • 7.0% lower than the average in the RM1 3HS postcode area
  • and 34.5% lower than the average price for Romford as a whole

At the most recent EPC inspection on 13 September 2023, the property was recorded as rented.

View sold house prices in RM1 3HS

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
495 sq ft
Tenure
Leasehold
Floor level
6th floor
Price (estimate)
£293,752
Price Per sq ft (estimate)
£593
Bedroom Count (estimate)
1 bedroom

EPC Summary

178, Index Apartments Mercury Gardens, Romford, Havering, Greater London, RM1 3HS has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 13 Sep 2023.

This property is heated by a shared community system (community scheme). Community heating means the heat is supplied from a central source serving multiple homes. A community heating scheme is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 23 Dec 2009. The rating of B is unchanged, though the energy efficiency score decreased by 5.8%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, mains gas to community scheme, changing energy efficiency from very good to good.
  • The hot water system was changed from from main system to community scheme, with its energy efficiency changing from very good to good.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RM1 3HS

34 th / 39
Price Rank
7% lower than average
32 nd / 35
Size Rank
25% smaller than average
10 th / 35
Price Per Sq FT Rank
24% higher than average

Compared to other properties in RM1 3HS , this flat's estimated value ranks 34th out of 39. Based on price per square foot, it ranks 10th out of 35 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 32th out of 35 properties in its postcode area.

Sale History

Today
£293,752
streetscan.co.uk estimate
+63 %
9 Mar 2007
£179,995
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 495 sq ft
sale price: £230,000
sale date: 16 Feb 2024
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

Data Sources

The property at 178, Index Apartments Mercury Gardens, Romford, Havering, Greater London, RM1 3HS appears once in the Land Registry records, with the transaction recorded on 9 Mar 2007. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 13 Sep 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.