175 Index Apartments Mercury Gardens

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

    This flat/maisonette leasehold property on Mercury Gardens last sold in June 2008 for £195,000. Based on price growth in the RM1 district since then, its estimated current value is £266,914 — placing it in the 42nd percentile nationally and the 32nd percentile within RM1. The property covers 65 m² (700 sq ft), giving an estimated value of £4,106 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

    £195,000

    Jun 2008

    Estimated Valuation

    £266,914

    Est. £/sq ft

    £381/sq ft

    £4,106/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-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 dateAug 2019
    WallsSystem built, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Jun 2008

    £195,000

    12 Mar 2007

    £249,995

    Key Metrics

    Estimated valuation£266,914
    Value per sq ft / m²£381/sq ft (£4,106/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile32nd percentile
    National percentile42nd 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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