6 Maxim Tower Mercury Gardens

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

    This flat/maisonette leasehold property on Mercury Gardens last sold in October 2006 for £214,982. Based on price growth in the RM1 district since then, its estimated current value is £283,959 — placing it in the 46th percentile nationally and the 34th percentile within RM1. The property covers 72 m² (775 sq ft), giving an estimated value of £3,944 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    775 sq ft

    72 m²

    Last Sale Price

    £214,982

    Oct 2006

    Estimated Valuation

    £283,959

    Est. £/sq ft

    £366/sq ft

    £3,944/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area775 sq ft (72 m²)
    EPC dateJul 2024
    WallsSystem built, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Oct 2006

    New build

    £214,982

    Key Metrics

    Estimated valuation£283,959
    Value per sq ft / m²£366/sq ft (£3,944/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile34th percentile
    National percentile46th 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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