168 Index Apartments, Mercury Gardens
168 Index Apartments, Mercury Gardens
Description & Estimates
According to the public record, 168 Index Apartments, Mercury Gardens, Romford is a modern leasehold apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 168 Index Apartments, Mercury Gardens, Romford is £237,382 and the estimated rental value is £1,269 per month.
Mercury Gardens, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
Our Data Sources
168 Index Apartments, Mercury Gardens, Romford has 2 entries in the Land Registry , most recently in July 2016 and a single entry in the EPC database dated November 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 168 Index Apartments, Mercury Gardens, Romford is in very good condition we estimate a sale value of £249,251 and a rental value of £1,332 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £220,765 and a rental value of £1,180 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 168 Index Apartments, Mercury Gardens, Romford has climbed by £2,301 (1.0%), while its estimated rental value has risen by £36 per month (2.8%). Based on current estimates, the property offers a gross rental yield of 6.4%.
Energy Efficiency
168 Index Apartments, Mercury Gardens, Romford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Nov 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 168 Index Apartments, Mercury Gardens, Romford was last sold on 22nd July 2016 for £242,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since July 2016, the market for similar properties has risen by 5.7%.
- Sold Jul 2016£242,500
- Sold Mar 2007£186,196
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 168 Index Apartments, Mercury Gardens, Romford within a radius of 450 metres over the last 2 years.
The most recent example is 37, Verve Apartments 5, Mercury Gardens, Romford, RM1 3FB, a leasehold flat which sold for £250,000 on the 18th February 2025.
Read more about house prices in RM1.
- Sold Feb 2025£250,000 | 1 Bed FlatVerve Apartments 5, Mercury Gardens37, Verve Apartments 5, Mercury Gardens, Romford, RM1 3FB
- Sold Nov 2024£225,000 | 1 Bed FlatVerve Apartments 5, Mercury Gardens45, Verve Apartments 5, Mercury Gardens, Romford, RM1 3FB
- Sold Jul 2024£235,000 | 2 Bed FlatVerve Apartments 5, Mercury Gardens68, Verve Apartments 5, Mercury Gardens, Romford, RM1 3FD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Mercury Gardens, Romford, RM1 has a total of 311 addresses. According to our analysis of all the public data, 168 Index Apartments, Mercury Gardens, Romford is the 228th largest and the 269th most expensive property on the street.
When compared to the postcode district it is £181k less expensive than the average property in RM1.
More reading links
Schools Nearby
- 600mSt Edward's Church of England Voluntary Aided Primary School
- 700mSt Peter's Catholic Primary School
- 700mGidea Park Primary School
- 1.1kmMarshalls Park Academy
- 1.2kmThe Frances Bardsley Academy for Girls
- 1.8kmThe Royal Liberty School
More reading links
Public Transport Nearby
The closest station to 168 Index Apartments, Mercury Gardens, Romford is Romford station, which is 600 metres away.
- 600mRomford
- 1.4kmGidea Park
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
