Mercury Gardens - RM1 3HE
Key Postcode Insights
RM1 3HE is a residential postcode situated on Mercury Gardens, Romford, RM1 with 45 addresses.
It ranks as the 398th largest and 131st most expensive of the 442 postcodes in the RM1 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 45 properties: 45 flats.
- Ave. Sale Price
- £264,748
- 10 Year change
- up 4.2%
- Ave. Rental Price
- £1,483pcm
- 10 Year change
- up 33.7%
- Ave. £ per ft²
- £388/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Key Postcode Insights
RM1 3HE is a residential postcode situated on Mercury Gardens, Romford, RM1 with 45 addresses.
It ranks as the 398th largest and 131st most expensive of the 442 postcodes in the RM1 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 45 properties: 45 flats.
- Ave. Sale Price
- £264,748
- 10 Year change
- up 4.2%
- Ave. Rental Price
- £1,483pcm
- 10 Year change
- up 33.7%
- Ave. £ per ft²
- £388/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Explore Propertiesin RM1 3HE
- 1 Maxim Tower Mercury Gardens
2 Bed Modern Flat
- 2 Maxim Tower Mercury Gardens
2 Bed Modern Flat
- 3 Maxim Tower Mercury Gardens
1 Bed Modern Flat
- 4 Maxim Tower Mercury Gardens
2 Bed Modern Flat
- 5 Maxim Tower Mercury Gardens
2 Bed Modern Flat
Sales Market Trends
The last sale in RM1 3HE sold for £261,500 on 9th January 2026. Since then prices are up an average of 0.2%.
The current average value in the postcode is £264,748.
The RM1 3HE Sales Market has increased by 4.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.2% | £264,748 |
| June 2025 | 0.8% | £265,399 |
| June 2024 | 1% | £263,332 |
| June 2023 | -2.8% | £260,789 |
| June 2022 | 5.5% | £268,244 |
| June 2021 | 0.3% | £254,361 |
| June 2020 | 1% | £253,693 |
| June 2019 | -2.6% | £251,229 |
| June 2018 | -1.5% | £257,859 |
| June 2017 | 3.1% | £261,900 |
| June 2016 | 18.7% | £254,124 |
| June 2015 | 12.8% | £214,105 |
| June 2014 | 9.4% | £189,862 |
| June 2013 | 3.4% | £173,620 |
| June 2012 | -1.3% | £167,896 |
| June 2011 | -0.6% | £170,185 |
| June 2010 | 5.5% | £171,142 |
| June 2009 | -13.2% | £162,190 |
| June 2008 | -0.6% | £186,901 |
| June 2007 | 0% | £188,003 |
Rental Market Trends
The current average rental value in the postcode is £1,483.
The RM1 3HE Rental Market has increased by 33.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £1,483pcm |
| June 2025 | -0.2% | £1,450pcm |
| June 2024 | 11.2% | £1,453pcm |
| June 2023 | 13.7% | £1,306pcm |
| June 2022 | 3.8% | £1,148pcm |
| June 2021 | 1.4% | £1,107pcm |
| June 2020 | 2.2% | £1,091pcm |
| June 2019 | -0.3% | £1,068pcm |
| June 2018 | -3.3% | £1,071pcm |
| June 2017 | -0.2% | £1,107pcm |
| June 2016 | 6.8% | £1,109pcm |
| June 2015 | 9.4% | £1,038pcm |
| June 2014 | 2.7% | £949pcm |
| June 2013 | 5% | £924pcm |
| June 2012 | 1.1% | £880pcm |
| June 2011 | 4.4% | £870pcm |
| June 2010 | 3.4% | £834pcm |
| June 2009 | -6.4% | £806pcm |
| June 2008 | 8.3% | £861pcm |
| June 2007 | 0% | £796pcm |
Sales History
The last sale was on 9th January 2026 for £261,500 and since then the market in the area has increased by 0.2%. The postcode has had a total of 73 sales since 1995.
RM1 3HE has seen 6 sales in the last three years and 3 sales in the last twelve months.
- Sold Jan 2026£261,500 | 2 Bed Flat24 Maxim Tower, Mercury Gardens, Romford, RM1 3HE24 Maxim Tower, Mercury Gardens, Romford, RM1 3HE
- Sold Nov 2025£230,000 | 2 Bed Flat21 Maxim Tower, Mercury Gardens, Romford, RM1 3HE21 Maxim Tower, Mercury Gardens, Romford, RM1 3HE
- Sold Aug 2025£243,000 | 2 Bed Flat30 Maxim Tower, Mercury Gardens, Romford, RM1 3HE30 Maxim Tower, Mercury Gardens, Romford, RM1 3HE
- Sold Feb 2024£277,000 | 2 Bed Flat26 Maxim Tower, Mercury Gardens, Romford, RM1 3HE26 Maxim Tower, Mercury Gardens, Romford, RM1 3HE
- Sold Jan 2024£251,000 | 2 Bed Flat29 Maxim Tower, Mercury Gardens, Romford, RM1 3HE29 Maxim Tower, Mercury Gardens, Romford, RM1 3HE
Nearby Postcodes
RM1 3HE is the 398th largest and the 131st most expensive postcode out of the 442 postcodes in the RM1 area.
- RM1 3HF, Mercury Gardens, Romford, RM1RM1 3HF31 Addresses|35 m away
- RM1 3AP, Holly Court, Romford, RM1RM1 3AP40 Addresses|53 m away
- RM1 3HS, Mercury Gardens, Romford, RM1RM1 3HS40 Addresses|57 m away
- RM1 3HG, Mercury Gardens, Romford, RM1RM1 3HG35 Addresses|61 m away
- RM1 3EE, The Mercury Mall, Romford, RM1RM1 3EE3 Addresses|69 m away
Property Types
- 40 modern flats built after 1980
- 1 flat of an unknown age
- 4 other addresses of unknown type
- modern flat (40)
- flat (1)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 40 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (27)
- F (0)
- C (13)
- G (0)
- D (0)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Feb 2018£400,000 | 3 Bed Flat121 Axiom Apartments, Mercury Gardens, Romford, RM1 3HJ121 Axiom Apartments, Mercury Gardens, Romford, RM1 3HJ
- Sold Mar 2022£330,000 | 2 Bed Flat123, Verve Apartments 5, Mercury Gardens, Romford, RM1 3FD123, Verve Apartments 5, Mercury Gardens, Romford, RM1 3FD
- Sold May 2022£330,000 | 2 Bed Flat122, Verve Apartments 5, Mercury Gardens, Romford, RM1 3FD122, Verve Apartments 5, Mercury Gardens, Romford, RM1 3FD
Schools Nearby
- St Edward's Church of England Voluntary Aided Primary School600 m away
- St Peter's Catholic Primary School700 m away
- Gidea Park Primary School800 m away
- Marshalls Park Academy1.2 km away
- The Frances Bardsley Academy for Girls1.2 km away
- The Royal Liberty School1.9 km away
More reading links
Public Transport Nearby
The closest station to RM1 3HE is Romford station, which is 600 metres away.
- Romford|600 m away
- Gidea Park|1.5 km away
