78, Lexicon Apartments Mercury Gardens, Romford, RM1 3HG is a leasehold flat built in 2007 onwards. The property offers approximately 807 square feet of living space and is situated on the 8th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £272,242 , which equates to approximately £337 per square foot. It was last sold on 26 Apr 2013 for £150,000. Since then, the value has increased by £122,242, representing a 81.5% increase, or approximately 6.5% per year.

The current estimated value of £272,242 is:

  • 12.6% lower than the average property price on Mercury Gardens
  • 5.7% lower than the average in the RM1 3HG postcode area
  • and 39.3% lower than the average price for Romford as a whole

At the most recent EPC inspection on 27 February 2010, the property was recorded as owner-occupied.

View sold house prices in RM1 3HG

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
807 sq ft
Tenure
Leasehold
Floor level
8th floor
Price (estimate)
£272,242
Price Per sq ft (estimate)
£337
Bedroom Count (estimate)
2 bedrooms

EPC Summary

78, Lexicon Apartments Mercury Gardens, Romford, Havering, Greater London Authority, RM1 3HG has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 7 Mar 2020.

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 27 Feb 2010, and the property received the same rating of B with an unchanged energy efficiency score of 81.

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 lighting was updated from low energy lighting in 20% of fixed outlets to low energy lighting in 57% of fixed outlets, with efficiency improving from poor to 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 57% of fixed outlets
Good

Compared to RM1 3HG

6 th / 35
Price Rank
6% lower than average
4 th / 27
Size Rank
22% bigger than average
20 th / 27
Price Per Sq FT Rank
23% lower than average

Compared to other properties in RM1 3HG , this flat's estimated value ranks 6th out of 35. Based on price per square foot, it ranks 20th out of 27 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 4th out of 27 properties in its postcode area.

Sale History

Today
£272,242
streetscan.co.uk estimate
+81 %
26 Apr 2013
£150,000
Leasehold
-40 %
18 May 2007
£250,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 746 sq ft
sale price: £295,000
sale date: 11 Jul 2017
rooms: 3
size: 775 sq ft
sale price: £310,000
sale date: 17 Feb 2017
rooms: 3
size: 872 sq ft
sale price: £185,000
sale date: 30 May 2014
rooms: 3
size: 775 sq ft
sale price: £175,000
sale date: 16 Aug 2013
rooms: 3
size: 764 sq ft
sale price: £170,000
sale date: 28 May 2012

Data Sources

The property at 78, Lexicon Apartments Mercury Gardens, Romford, RM1 3HG appears two times in the Land Registry records, with the latest transaction recorded on 26 Apr 2013. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Mar 2020. 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.