97, 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 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £313,708 , which equates to approximately £405 per square foot. It was last sold on 16 Aug 2013 for £175,000. Since then, the value has increased by £138,708, representing a 79.3% increase, or approximately 6.4% per year.

The current estimated value of £313,708 is:

  • 0.7% higher than the average property price on Mercury Gardens
  • 8.7% higher than the average in the RM1 3HG postcode area
  • and 30.1% lower than the average price for Romford as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 23 May 2023, the property was recorded as rented.

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
2nd floor
Price (estimate)
£313,708
Price Per sq ft (estimate)
£405
Bedroom Count (estimate)
2 bedrooms

EPC Summary

97, 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 23 May 2023.

This property uses an electric boiler with radiators as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 30 May 2013. The rating of C is unchanged, though the energy efficiency score decreased by 8.8%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, mains gas to boiler and radiators, electric, changing energy efficiency from good to very poor.
  • The hot water system was changed from from main system to electric immersion, standard tariff, with its energy efficiency changing from good to very poor.
  • The lighting was updated from low energy lighting in 21% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Boiler and radiators, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RM1 3HG

13 th / 35
Price Rank
9% higher than average
8 th / 27
Size Rank
17% bigger than average
18 th / 27
Price Per Sq FT Rank
7% lower than average

Compared to other properties in RM1 3HG , this flat's estimated value ranks 13th out of 35. Based on price per square foot, it ranks 18th 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 8th out of 27 properties in its postcode area.

Sale History

Today
£313,708
streetscan.co.uk estimate
+79 %
16 Aug 2013
£175,000
Leasehold
-28.9 %
21 Jun 2007
£246,000
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: 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 97, Lexicon Apartments Mercury Gardens, Romford, RM1 3HG appears two times in the Land Registry records, with the latest transaction recorded on 16 Aug 2013. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 23 May 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.


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.