85, Lexicon Apartments Mercury Gardens, Romford, RM1 3HG is a leasehold flat built between 2007-2011. The property offers approximately 538 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £194,727 , which equates to approximately £362 per square foot. It was last sold on 3 Jul 2009 for £105,000. Since then, the value has increased by £89,727, representing a 85.5% increase, or approximately 5.2% per year.

The current estimated value of £194,727 is:

  • 37.5% lower than the average property price on Mercury Gardens
  • 32.5% lower than the average in the RM1 3HG postcode area
  • and 56.6% lower than the average price for Romford as a whole

At the most recent EPC inspection on 18 September 2020, the property was recorded as rented.

View sold house prices in RM1 3HG

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
538 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£194,727
Price Per sq ft (estimate)
£362
Bedroom Count (estimate)
1 bedroom

EPC Summary

85, Lexicon Apartments Mercury Gardens, Romford, Havering, Greater London, RM1 3HG has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 18 Sep 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 12 Mar 2015, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 3.6%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in all fixed outlets to low energy lighting in 50% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
System built, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to RM1 3HG

31 st / 35
Price Rank
33% lower than average
21 st / 27
Size Rank
18% smaller than average
11 th / 27
Price Per Sq FT Rank
17% lower than average

Compared to other properties in RM1 3HG , this flat's estimated value ranks 31th out of 35. Based on price per square foot, it ranks 11th out of 27 properties. In terms of size, this home ranks 21th out of 27 properties in its postcode area.

Sale History

Today
£194,727
streetscan.co.uk estimate
+85 %
3 Jul 2009
£105,000
Leasehold
-42.3 %
11 May 2007
£182,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 495 sq ft
sale price: £212,000
sale date: 25 Jun 2018
rooms: 2
size: 527 sq ft
sale price: £225,000
sale date: 5 Feb 2018
rooms: 2
size: 517 sq ft
sale price: £228,000
sale date: 8 Mar 2017
rooms: 2
size: 484 sq ft
sale price: £164,000
sale date: 12 Sep 2014
rooms: 2
size: 603 sq ft
sale price: £125,000
sale date: 14 Oct 2011

Data Sources

The property at 85, Lexicon Apartments Mercury Gardens, Romford, RM1 3HG appears two times in the Land Registry records, with the latest transaction recorded on 3 Jul 2009. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Sep 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.