168 Index Apartments Mercury Gardens

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

    This flat/maisonette leasehold property on Mercury Gardens last sold in July 2016 for £242,500. Based on price growth in the RM1 district since then, its estimated current value is £231,537 — placing it in the 33rd percentile nationally and the 22nd percentile within RM1. The property covers 43 m² (463 sq ft), giving an estimated value of £5,385 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    463 sq ft

    43 m²

    Last Sale Price

    £242,500

    Jul 2016

    Estimated Valuation

    £231,537

    Est. £/sq ft

    £500/sq ft

    £5,385/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area463 sq ft (43 m²)
    EPC dateNov 2021
    WallsSystem built, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Jul 2016

    £242,500

    23 Mar 2007

    £186,196

    Key Metrics

    Estimated valuation£231,537
    Value per sq ft / m²£500/sq ft (£5,385/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile22nd percentile
    National percentile33rd 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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