56 Exon Apartments Mercury Gardens

    56 EXON APARTMENTS, MERCURY GARDENS, ROMFORD, RM1 3HF

    This flat/maisonette leasehold property on Mercury Gardens last sold in March 2014 for £138,000. Based on price growth in the RM1 district since then, its estimated current value is £175,240 — placing it in the 18th percentile nationally and the 8th percentile within RM1. The property covers 48 m² (517 sq ft), giving an estimated value of £3,651 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    517 sq ft

    48 m²

    Last Sale Price

    £138,000

    Mar 2014

    Estimated Valuation

    £175,240

    Est. £/sq ft

    £339/sq ft

    £3,651/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area517 sq ft (48 m²)
    EPC dateFeb 2021
    WallsSystem built, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Mar 2014

    £138,000

    1 May 2007

    £171,386

    Key Metrics

    Estimated valuation£175,240
    Value per sq ft / m²£339/sq ft (£3,651/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile8th percentile
    National percentile18th 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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