18, Maxim Tower Mercury Gardens, Romford, RM1 3HE is a leasehold flat built between 2007-2011. The property offers approximately 743 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £354,960 , which equates to approximately £478 per square foot. It was last sold on 10 Sep 2015 for £261,000. Since then, the value has increased by £93,960, representing a 36.0% increase, or approximately 3.5% per year.

The current estimated value of £354,960 is:

  • 13.9% higher than the average property price on Mercury Gardens
  • 1.3% lower than the average in the RM1 3HE postcode area
  • and 20.9% 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 11 September 2024, the property was recorded as owner-occupied.

View sold house prices in RM1 3HE

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
743 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£354,960
Price Per sq ft (estimate)
£478
Bedroom Count (estimate)
2 bedrooms

EPC Summary

18, 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 11 Sep 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 15 Jun 2013, 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 lighting was updated from low energy lighting in 18% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor 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 all fixed outlets
Very Good

Compared to RM1 3HE

13 th / 45
Price Rank
1% lower than average
7 th / 40
Size Rank
9% bigger than average
30 th / 40
Price Per Sq FT Rank
10% lower than average

Compared to other properties in RM1 3HE , this flat's estimated value ranks 13th out of 45. Based on price per square foot, it ranks 30th 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 7th out of 40 properties in its postcode area.

Sale History

Today
£354,960
streetscan.co.uk estimate
+36 %
10 Sep 2015
£261,000
Leasehold
+5.2 %
29 Sep 2006
£247,995
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: 743 sq ft
sale price: £250,000
sale date: 16 Jun 2023
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

Data Sources

The property at 18, Maxim Tower Mercury Gardens, Romford, RM1 3HE appears two times in the Land Registry records, with the latest transaction recorded on 10 Sep 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 11 Sep 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.