27 Maxim Tower Mercury Gardens

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

    This flat/maisonette leasehold property on Mercury Gardens last sold in August 2019 for £260,000. Based on price growth in the RM1 district since then, its estimated current value is £252,781 — placing it in the 38th percentile nationally and the 28th percentile within RM1. The property covers 61 m² (657 sq ft), giving an estimated value of £4,144 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    657 sq ft

    61 m²

    Last Sale Price

    £260,000

    Aug 2019

    Estimated Valuation

    £252,781

    Est. £/sq ft

    £385/sq ft

    £4,144/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area657 sq ft (61 m²)
    EPC dateJul 2021
    WallsSystem built, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Aug 2019

    £260,000

    17 Nov 2006

    New build

    £249,995

    Key Metrics

    Estimated valuation£252,781
    Value per sq ft / m²£385/sq ft (£4,144/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile28th percentile
    National percentile38th 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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