37 Maxim Tower Mercury Gardens

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

    This flat/maisonette leasehold property on Mercury Gardens last sold in March 2015 for £226,000. Based on price growth in the RM1 district since then, its estimated current value is £270,221 — placing it in the 42nd percentile nationally and the 33rd percentile within RM1. The property covers 62 m² (667 sq ft), giving an estimated value of £4,358 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £226,000

    Mar 2015

    Estimated Valuation

    £270,221

    Est. £/sq ft

    £405/sq ft

    £4,358/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formNot Recorded
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area667 sq ft (62 m²)
    EPC dateJul 2025
    WallsSystem built, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Mar 2015

    £226,000

    1 Jun 2007

    £248,995

    19 Jan 2007

    New build

    £249,995

    Key Metrics

    Estimated valuation£270,221
    Value per sq ft / m²£405/sq ft (£4,358/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile33rd percentile
    National percentile42nd 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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