33, Verve Apartments, 5 Mercury Gardens, Romford, RM1 3FB is a leasehold flat built between 1983-1990. The property offers approximately 484 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £277,515 , which equates to approximately £573 per square foot. It was last sold on 31 Aug 2022 for £265,000. Since then, the value has increased by £12,515, representing a 4.7% increase, or approximately 1.4% per year.

The current estimated value of £277,515 is:

  • 10.9% lower than the average property price on Mercury Gardens
  • 6.3% higher than the average in the RM1 3FB postcode area
  • and 38.1% 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
1983-1990
Interior Size
484 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£277,515
Price Per sq ft (estimate)
£573
Bedroom Count (estimate)
1 bedroom

EPC Summary

33, Verve Apartments, 5 Mercury Gardens, Romford, Havering, Greater London, RM1 3FB has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 15 Mar 2022.

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.

The previous EPC assessment was conducted on 28 Jul 2016, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 25.8%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from average thermal transmittance 0.18 w/m-¦k to (other premises above), changing energy efficiency from good to n/a.
  • The wall construction or insulation changed from average thermal transmittance 0.92 w/m-¦k to average thermal transmittance 0.73 w/m-¦k, with no change in energy efficiency (average).
Heating Type
Boiler and radiators, electric
Very Poor
Hot Water
Electric instantaneous at point of use
Very Poor
Floor
Average thermal transmittance 0.84 W/m-¦K
Very Poor
Walls
Average thermal transmittance 0.73 W/m-¦K
Average
Windows
High performance glazing
Very Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RM1 3FB

36 th / 66
Price Rank
6% higher than average
6 th / 65
Size Rank
18% bigger than average
58 th / 65
Price Per Sq FT Rank
10% lower than average

Compared to other properties in RM1 3FB , this flat's estimated value ranks 36th out of 66. Based on price per square foot, it ranks 58th 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 6th out of 65 properties in its postcode area.

Sale History

Today
£277,515
streetscan.co.uk estimate
+5 %
31 Aug 2022
£265,000
Leasehold
+3.9 %
17 Feb 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 33, Verve Apartments, 5 Mercury Gardens, Romford, RM1 3FB appears two times in the Land Registry records, with the latest transaction recorded on 31 Aug 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 15 Mar 2022. 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.