87, Lexicon Apartments Mercury Gardens, Romford, RM1 3HG is a leasehold flat built between 2003-2006. The property offers approximately 775 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £352,508 , which equates to approximately £455 per square foot. It was last sold on 17 Feb 2017 for £310,000. Since then, the value has increased by £42,508, representing a 13.7% increase, or approximately 1.6% per year.

The current estimated value of £352,508 is:

  • 13.1% higher than the average property price on Mercury Gardens
  • 22.1% higher than the average in the RM1 3HG postcode area
  • and 21.4% lower than the average price for Romford as a whole

At the most recent EPC inspection on 8 July 2016, the property was recorded as owner-occupied.

View sold house prices in RM1 3HG

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
775 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£352,508
Price Per sq ft (estimate)
£455
Bedroom Count (estimate)
2 bedrooms

EPC Summary

87, 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 8 Jul 2016.

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.

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 69% of fixed outlets
Good

Compared to RM1 3HG

3 rd / 35
Price Rank
22% higher than average
7 th / 27
Size Rank
17% bigger than average
14 th / 27
Price Per Sq FT Rank
4% higher than average

Compared to other properties in RM1 3HG , this flat's estimated value ranks 3rd out of 35. Based on price per square foot, it ranks 14th out of 27 properties. In terms of size, this home ranks 7th out of 27 properties in its postcode area.

Sale History

Today
£352,508
streetscan.co.uk estimate
+14 %
17 Feb 2017
£310,000
Leasehold
+25 %
27 Apr 2007
£248,000
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: 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: 807 sq ft
sale price: £150,000
sale date: 26 Apr 2013
rooms: 3
size: 764 sq ft
sale price: £170,000
sale date: 28 May 2012

Data Sources

The property at 87, Lexicon Apartments Mercury Gardens, Romford, RM1 3HG appears two times in the Land Registry records, with the latest transaction recorded on 17 Feb 2017. It also has a single Energy Performance Certificate (EPC) from 8 Jul 2016. 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.