52, Verve Apartments, 5 Mercury Gardens, Romford, RM1 3FB is a leasehold flat built in 2012 onwards. The property offers approximately 527 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 £283,940 , which equates to approximately £538 per square foot. It was last sold on 9 Aug 2017 for £260,000. Since then, the value has increased by £23,940, representing a 9.2% increase, or approximately 1.1% per year.

The current estimated value of £283,940 is:

  • 8.9% lower than the average property price on Mercury Gardens
  • 8.8% higher than the average in the RM1 3FB postcode area
  • and 36.7% lower than the average price for Romford as a whole

At the most recent EPC inspection on 18 July 2023, the property was recorded as rented.

View sold house prices in RM1 3FB

Building approximate location

About Property

Type
Flat
Built
2012 onwards
Interior Size
527 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£283,940
Price Per sq ft (estimate)
£538
Bedroom Count (estimate)
1 bedroom

EPC Summary

52, 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 18 Jul 2023.

This property uses an electric boiler with radiators 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 28 Jul 2016, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 16.7%.

Since the previous assessment, several changes were observed:

  • The hot water system changed from electric instantaneous at point of use to from main system, with no change in energy efficiency (very poor).
  • 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 0.85 w/m-¦k to cavity wall, as built, insulated (assumed), improving energy efficiency from average to very good.
  • The windows were upgraded from high performance glazing to fully double glazed.
Heating Type
Boiler and radiators, electric
Very Poor
Hot Water
From main system
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RM1 3FB

44 th / 66
Price Rank
9% higher than average
1 st / 65
Size Rank
28% bigger than average
65 th / 65
Price Per Sq FT Rank
15% lower than average

Compared to other properties in RM1 3FB , this flat's estimated value ranks 44th out of 66. Based on price per square foot, it ranks 65th 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 1st out of 65 properties in its postcode area.

Sale History

Today
£283,940
streetscan.co.uk estimate
+9 %
9 Aug 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: 474 sq ft
sale price: £260,000
sale date: 7 Mar 2017
rooms: 3
size: 474 sq ft
sale price: £245,000
sale date: 20 Mar 2025
rooms: 2
size: 517 sq ft
sale price: £230,000
sale date: 11 Oct 2024

Data Sources

The property at 52, Verve Apartments, 5 Mercury Gardens, Romford, Havering, Greater London, RM1 3FB appears once in the Land Registry records, with the transaction recorded on 9 Aug 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Jul 2023. 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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