151 Index Apartments Mercury Gardens

    151 INDEX APARTMENTS, MERCURY GARDENS, ROMFORD, RM1 3HS

    This flat/maisonette leasehold property on Mercury Gardens last sold in May 2021 for £215,000. Based on price growth in the RM1 district since then, its estimated current value is £197,938 — placing it in the 24th percentile nationally and the 12th percentile within RM1. The property covers 56 m² (603 sq ft), giving an estimated value of £3,535 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £215,000

    May 2021

    Estimated Valuation

    £197,938

    Est. £/sq ft

    £328/sq ft

    £3,535/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area603 sq ft (56 m²)
    EPC dateJan 2021
    WallsSystem built, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 May 2021

    £215,000

    13 Jun 2007

    £244,995

    Key Metrics

    Estimated valuation£197,938
    Value per sq ft / m²£328/sq ft (£3,535/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile12th percentile
    National percentile24th 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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