42, Maxim Tower Mercury Gardens, Romford, RM1 3HE is a leasehold flat built between 2003-2006. The property offers approximately 560 square feet of living space and is situated on the 10th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £334,061 , which equates to approximately £597 per square foot. It was last sold on 24 Oct 2014 for £225,000. Since then, the value has increased by £109,061, representing a 48.5% increase, or approximately 4.4% per year.

The current estimated value of £334,061 is:

  • 7.2% higher than the average property price on Mercury Gardens
  • 7.1% lower than the average in the RM1 3HE postcode area
  • and 25.5% lower than the average price for Romford as a whole

At the most recent EPC inspection on 21 December 2022, 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
560 sq ft
Tenure
Leasehold
Floor level
10th floor
Price (estimate)
£334,061
Price Per sq ft (estimate)
£597
Bedroom Count (estimate)
1 bedroom

EPC Summary

42, Maxim Tower Mercury Gardens, Romford, Havering, Greater London, RM1 3HE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 21 Dec 2022.

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 2 Apr 2013. The rating of C is unchanged, though the energy efficiency score decreased by 1.3%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from no low energy lighting to low energy lighting in 87% of 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
Good
Lighting
Low energy lighting in 87% of fixed outlets
Very Good

Compared to RM1 3HE

44 th / 45
Price Rank
7% lower than average
35 th / 40
Size Rank
18% smaller than average
22 nd / 40
Price Per Sq FT Rank
13% higher than average

Compared to other properties in RM1 3HE , this flat's estimated value ranks 44th out of 45. Based on price per square foot, it ranks 22th out of 40 properties. In terms of size, this home ranks 35th out of 40 properties in its postcode area.

Sale History

Today
£334,061
streetscan.co.uk estimate
+48 %
24 Oct 2014
£225,000
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: 624 sq ft
sale price: £265,000
sale date: 25 Aug 2016
rooms: 3
size: 624 sq ft
sale price: £283,000
sale date: 13 May 2016
rooms: 3
size: 510 sq ft
sale price: £226,000
sale date: 23 Mar 2015
rooms: 2
size: 538 sq ft
sale price: £167,500
sale date: 19 Mar 2015

Data Sources

The property at 42, Maxim Tower Mercury Gardens, Romford, Havering, Greater London, RM1 3HE appears once in the Land Registry records, with the transaction recorded on 24 Oct 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 21 Dec 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.