26 Maxim Tower Mercury Gardens

    26 MAXIM TOWER, MERCURY GARDENS, ROMFORD, RM1 3HE

    This flat/maisonette leasehold property on Mercury Gardens last sold in February 2024 for £277,000. Based on price growth in the RM1 district since then, its estimated current value is £258,095 — placing it in the 39th percentile nationally and the 30th percentile within RM1. The property covers 59 m² (635 sq ft), giving an estimated value of £4,374 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £277,000

    Feb 2024

    Estimated Valuation

    £258,095

    Est. £/sq ft

    £406/sq ft

    £4,374/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area635 sq ft (59 m²)
    EPC dateJul 2017
    WallsSystem built, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Feb 2024

    £277,000

    1 Nov 2018

    £255,000

    24 Nov 2006

    New build

    £249,995

    Key Metrics

    Estimated valuation£258,095
    Value per sq ft / m²£406/sq ft (£4,374/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile30th percentile
    National percentile39th percentile

    District Context — RM1

    RM1 covers Romford and surrounding areas in East London, positioned in the east of the capital. It is a diverse, mixed-tenure neighbourhood with strong demand from families and commuters seeking affordable space within reach of London.

    Average Property Price - RM1

    £442,446

    73

    National percentile

    Average Net Household Income - RM1

    £47,792

    83

    National percentile

    10-Year Annualised Price Growth - RM1

    4.2%

    72

    National percentile

    10-Year Annualised Rent Growth - RM

    4.4%

    80

    National percentile

    View full analysis for RM1

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