41 Maxim Tower Mercury Gardens

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

    This flat/maisonette leasehold property on Mercury Gardens last sold in September 2006 for £301,995. Based on price growth in the RM1 district since then, its estimated current value is £398,889 — placing it in the 67th percentile nationally and the 43rd percentile within RM1. The property covers 53 m² (570 sq ft), giving an estimated value of £7,526 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    570 sq ft

    53 m²

    Last Sale Price

    £301,995

    Sept 2006

    Estimated Valuation

    £398,889

    Est. £/sq ft

    £699/sq ft

    £7,526/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed Mid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area570 sq ft (53 m²)
    EPC dateApr 2012
    WallsSystem built, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Sept 2006

    New build

    £301,995

    Key Metrics

    Estimated valuation£398,889
    Value per sq ft / m²£699/sq ft (£7,526/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile43rd percentile
    National percentile67th 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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