40, Maxim Tower Mercury Gardens, Romford, RM1 3HE is a leasehold flat built between 2003-2006. The property offers approximately 614 square feet of living space and is situated on the 11th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £441,711 , which equates to approximately £720 per square foot. It was last sold on 27 Oct 2006 for £261,995. Since then, the value has increased by £179,716, representing a 68.6% increase, or approximately 3.6% per year.

The current estimated value of £441,711 is:

  • 41.7% higher than the average property price on Mercury Gardens
  • 22.8% higher than the average in the RM1 3HE postcode area
  • and 1.5% lower than the average price for Romford as a whole

At the most recent EPC inspection on 11 January 2021, the property was recorded as rented.

View sold house prices in RM1 3HE

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
614 sq ft
Tenure
Leasehold
Floor level
11th floor
Price (estimate)
£441,711
Price Per sq ft (estimate)
£720
Bedroom Count (estimate)
1 bedroom

EPC Summary

40, 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 Jan 2021.

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 23 Jan 2009. The rating of B is unchanged, though the energy efficiency score decreased by 1.2%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The roof construction or insulation changed from flat, insulated (assumed) to (another dwelling above), changing energy efficiency from good to n/a.
  • The wall construction or insulation changed from system built, with internal insulation to system built, as built, insulated (assumed), changing energy efficiency 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
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 all fixed outlets
Very Good

Compared to RM1 3HE

4 th / 45
Price Rank
23% higher than average
32 nd / 40
Size Rank
10% smaller than average
5 th / 40
Price Per Sq FT Rank
36% higher than average

Compared to other properties in RM1 3HE , this flat's estimated value ranks 4th out of 45. Based on price per square foot, it ranks 5th out of 40 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 40 properties in its postcode area.

Sale History

Today
£441,711
streetscan.co.uk estimate
+69 %
27 Oct 2006
£261,995
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: 646 sq ft
sale price: £260,000
sale date: 14 Aug 2019
rooms: 3
size: 700 sq ft
sale price: £260,000
sale date: 6 Jun 2018
rooms: 3
size: 678 sq ft
sale price: £265,000
sale date: 25 Apr 2018
rooms: 3
size: 689 sq ft
sale price: £293,500
sale date: 30 Jun 2017

Data Sources

The property at 40, Maxim Tower Mercury Gardens, Romford, Havering, Greater London, RM1 3HE appears once in the Land Registry records, with the transaction recorded on 27 Oct 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 11 Jan 2021. 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.


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