174 Index Apartments Mercury Gardens

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

    This flat/maisonette leasehold property on Mercury Gardens last sold in December 2016 for £275,000. Based on price growth in the RM1 district since then, its estimated current value is £262,568 — placing it in the 40th percentile nationally and the 31st percentile within RM1. The property covers 65 m² (700 sq ft), giving an estimated value of £4,040 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    700 sq ft

    65 m²

    Last Sale Price

    £275,000

    Dec 2016

    Estimated Valuation

    £262,568

    Est. £/sq ft

    £375/sq ft

    £4,040/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area700 sq ft (65 m²)
    EPC dateSept 2024
    WallsSystem built, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Dec 2016

    £275,000

    12 Mar 2007

    £249,995

    Key Metrics

    Estimated valuation£262,568
    Value per sq ft / m²£375/sq ft (£4,040/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile31st percentile
    National percentile40th 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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