Mercury Gardens - RM1 3HG
Key Postcode Insights
RM1 3HG is a residential postcode situated on Mercury Gardens, Romford, RM1 with 35 addresses.
It ranks as the 335th largest and 62nd 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 35 properties: 35 flats.
- Ave. Sale Price
- £242,055
- 10 Year change
- up 3.3%
- Ave. Rental Price
- £1,430pcm
- 10 Year change
- up 32.6%
- Ave. £ per ft²
- £372/ft²
- Ave. Gross Yield
- 7.1%/year/yr
Key Postcode Insights
RM1 3HG is a residential postcode situated on Mercury Gardens, Romford, RM1 with 35 addresses.
It ranks as the 335th largest and 62nd 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 35 properties: 35 flats.
- Ave. Sale Price
- £242,055
- 10 Year change
- up 3.3%
- Ave. Rental Price
- £1,430pcm
- 10 Year change
- up 32.6%
- Ave. £ per ft²
- £372/ft²
- Ave. Gross Yield
- 7.1%/year/yr
Explore Propertiesin RM1 3HG
- 77 Lexicon Apartments Mercury Gardens
2 Bed Modern Flat
- 78 Lexicon Apartments Mercury Gardens
3 Bed Modern Flat
- 79 Lexicon Apartments Mercury Gardens
2 Bed Flat
- 80 Lexicon Apartments Mercury Gardens
2 Bed Modern Flat
- 81 Lexicon Apartments Mercury Gardens
2 Bed Modern Flat
Sales Market Trends
The last sale in RM1 3HG sold for £210,000 on 30th April 2026. Since then prices are down an average of 0.8%.
The current average value in the postcode is £242,055.
The RM1 3HG Sales Market has increased by 3.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.8% | £242,055 |
| June 2025 | 0.6% | £243,930 |
| June 2024 | 0.4% | £242,464 |
| June 2023 | -3% | £241,564 |
| June 2022 | 5.8% | £249,151 |
| June 2021 | 0.2% | £235,421 |
| June 2020 | 0.9% | £235,023 |
| June 2019 | -2.3% | £232,953 |
| June 2018 | -1.3% | £238,363 |
| June 2017 | 3.1% | £241,490 |
| June 2016 | 17.8% | £234,213 |
| June 2015 | 12.5% | £198,771 |
| June 2014 | 9% | £176,624 |
| June 2013 | 3.2% | £161,978 |
| June 2012 | -0.1% | £156,956 |
| June 2011 | -0.4% | £157,161 |
| June 2010 | 6% | £157,851 |
| June 2009 | -12.9% | £148,904 |
| June 2008 | -1.1% | £171,025 |
| June 2007 | 0% | £172,868 |
Rental Market Trends
The current average rental value in the postcode is £1,430.
The RM1 3HG Rental Market has increased by 32.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.8% | £1,430pcm |
| June 2025 | -0.4% | £1,405pcm |
| June 2024 | 10.6% | £1,411pcm |
| June 2023 | 13.4% | £1,276pcm |
| June 2022 | 4.1% | £1,125pcm |
| June 2021 | 1.4% | £1,080pcm |
| June 2020 | 2.1% | £1,066pcm |
| June 2019 | 0.1% | £1,044pcm |
| June 2018 | -3% | £1,044pcm |
| June 2017 | -0.2% | £1,076pcm |
| June 2016 | 6% | £1,078pcm |
| June 2015 | 9.2% | £1,017pcm |
| June 2014 | 2.4% | £931pcm |
| June 2013 | 4.8% | £909pcm |
| June 2012 | 2.3% | £867pcm |
| June 2011 | 4.5% | £847pcm |
| June 2010 | 3.9% | £811pcm |
| June 2009 | -6.1% | £781pcm |
| June 2008 | 7.7% | £831pcm |
| June 2007 | 0% | £771pcm |
Sales History
The last sale was on 30th April 2026 for £210,000 and since then the market in the area has decreased by 0.8%. The postcode has had a total of 62 sales since 1995.
RM1 3HG has seen 3 sales in the last three years and 3 sales in the last twelve months.
- Sold Apr 2026£210,000 | 2 Bed Flat96 Lexicon Apartments, Mercury Gardens, Romford, RM1 3HG96 Lexicon Apartments, Mercury Gardens, Romford, RM1 3HG
- Sold Aug 2025£210,000 | 2 Bed Flat98 Lexicon Apartments, Mercury Gardens, Romford, RM1 3HG98 Lexicon Apartments, Mercury Gardens, Romford, RM1 3HG
- Sold Aug 2025£210,000 | 2 Bed Flat110 Lexicon Apartments, Mercury Gardens, Romford, RM1 3HG110 Lexicon Apartments, Mercury Gardens, Romford, RM1 3HG
- Sold Apr 2022£290,000 | 2 Bed Flat84 Lexicon Apartments, Mercury Gardens, Romford, RM1 3HG84 Lexicon Apartments, Mercury Gardens, Romford, RM1 3HG
- Sold Jun 2018£212,000 | 2 Bed Flat108 Lexicon Apartments, Mercury Gardens, Romford, RM1 3HG108 Lexicon Apartments, Mercury Gardens, Romford, RM1 3HG
Nearby Postcodes
RM1 3HG is the 335th largest and the 62nd most expensive postcode out of the 442 postcodes in the RM1 area.
- RM1 3AP, Holly Court, Romford, RM1RM1 3AP40 Addresses|22 m away
- RM1 3HJ, Mercury Gardens, Romford, RM1RM1 3HJ20 Addresses|22 m away
- RM1 3HF, Mercury Gardens, Romford, RM1RM1 3HF31 Addresses|26 m away
- RM1 3HN, Mercury Gardens, Romford, RM1RM1 3HN18 Addresses|45 m away
- RM1 3HS, Mercury Gardens, Romford, RM1RM1 3HS40 Addresses|51 m away
Property Types
- 28 modern flats built after 1980
- 7 flats of an unknown age
- modern flat (28)
- flat (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 28 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (17)
- F (0)
- C (11)
- G (0)
- D (0)
- No EPC (7)
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 School500 m away
- St Peter's Catholic Primary School700 m away
- Gidea Park Primary School700 m away
- Marshalls Park Academy1.1 km away
- The Frances Bardsley Academy for Girls1.3 km away
- The Royal Liberty School1.8 km away
More reading links
Public Transport Nearby
The closest station to RM1 3HG is Romford station, which is 600 metres away.
- Romford|600 m away
- Gidea Park|1.5 km away
