166 Index Apartments Mercury Gardens

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

    This flat/maisonette leasehold property on Mercury Gardens last sold in September 2016 for £240,000. Based on price growth in the RM1 district since then, its estimated current value is £229,150 — placing it in the 32nd percentile nationally and the 21st percentile within RM1. The property covers 47 m² (506 sq ft), giving an estimated value of £4,876 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    506 sq ft

    47 m²

    Last Sale Price

    £240,000

    Sept 2016

    Estimated Valuation

    £229,150

    Est. £/sq ft

    £453/sq ft

    £4,876/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area506 sq ft (47 m²)
    EPC dateMay 2016
    WallsSystem built, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Sept 2016

    £240,000

    16 Mar 2007

    £213,495

    Key Metrics

    Estimated valuation£229,150
    Value per sq ft / m²£453/sq ft (£4,876/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile21st percentile
    National percentile32nd 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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