43, Verve Apartments, 5 Mercury Gardens, Romford, RM1 3FB is a leasehold flat built between 2007-2011. The property offers approximately 474 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £292,715 , which equates to approximately £618 per square foot. It was last sold on 7 Mar 2017 for £260,000. Since then, the value has increased by £32,715, representing a 12.6% increase, or approximately 1.4% per year.

The current estimated value of £292,715 is:

  • 6.1% lower than the average property price on Mercury Gardens
  • 12.1% higher than the average in the RM1 3FB postcode area
  • and 34.8% lower than the average price for Romford as a whole

At the most recent EPC inspection on 15 March 2022, the property was recorded as owner-occupied.

View sold house prices in RM1 3FB

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
474 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£292,715
Price Per sq ft (estimate)
£618
Bedroom Count (estimate)
1 bedroom

EPC Summary

43, Verve Apartments, 5 Mercury Gardens, Romford, Havering, Greater London, RM1 3FB has an Energy Performance Certificate (EPC) rating of C, 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 fully double glazed.

The previous EPC assessment was conducted on 28 Jul 2016. The rating of C remains the same, but the energy efficiency score improved by 13%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from (other premises above) to (another dwelling above), with no change in energy efficiency (n/a).
  • The wall construction or insulation changed from average thermal transmittance 0.88 w/m-¦k to cavity wall, as built, insulated (assumed), improving energy efficiency from average to good.
  • The windows were upgraded from high performance glazing to fully double glazed.
  • The lighting was changed from low energy lighting in all fixed outlets to low energy lighting in 88% of fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, electric
Very Poor
Hot Water
Electric instantaneous at point of use
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 88% of fixed outlets
Very Good

Compared to RM1 3FB

32 nd / 66
Price Rank
12% higher than average
13 th / 65
Size Rank
15% bigger than average
54 th / 65
Price Per Sq FT Rank
2% lower than average

Compared to other properties in RM1 3FB , this flat's estimated value ranks 32th out of 66. Based on price per square foot, it ranks 54th 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 13th out of 65 properties in its postcode area.

Sale History

Today
£292,715
streetscan.co.uk estimate
+13 %
7 Mar 2017
£260,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 463 sq ft
sale price: £249,500
sale date: 7 Feb 2024
rooms: 3
size: 484 sq ft
sale price: £265,000
sale date: 21 Dec 2022
rooms: 3
size: 527 sq ft
sale price: £260,000
sale date: 9 Aug 2017
rooms: 3
size: 474 sq ft
sale price: £245,000
sale date: 20 Mar 2025
rooms: 3
size: 431 sq ft
sale price: £240,000
sale date: 20 Mar 2025

Data Sources

The property at 43, Verve Apartments, 5 Mercury Gardens, Romford, Havering, Greater London, RM1 3FB appears once in the Land Registry records, with the transaction recorded on 7 Mar 2017. 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.


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