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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Public records show 3 Maxim Tower, Mercury Gardens, Romford to be a modern leasehold apartment with 452 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
3 Maxim Tower, Mercury Gardens, Romford has an estimated sale value of £213,236 and an estimated rental value of £1,176 per month, assuming reasonable condition and based on the information available.
Mercury Gardens, Romford, RM1 lies in the borough of Havering, within the RM1 postal district.
3 Maxim Tower, Mercury Gardens, Romford has 21 entries in the Land Registry , most recently in August 2014 and a single entry in the EPC database dated May 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
In very good condition, we estimate 3 Maxim Tower, Mercury Gardens, Romford would be worth £223,897, with a potential rental value of £1,235 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £198,309, with a rental value of £1,094 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 3 Maxim Tower, Mercury Gardens, Romford has climbed by £4,005 (1.9%) over the last year. During the same period, its estimated monthly rental value has risen by £43 (3.7%). The property's estimated gross yield is currently 6.6%.
3 Maxim Tower, Mercury Gardens, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 May 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
3 Maxim Tower, Mercury Gardens, Romford last changed hands on 6th August 2014, selling for £133,500. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 64.6% since August 2014.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 420 metres of 3 Maxim Tower, Mercury Gardens, Romford across the last 2 years.
Most recently, Flat 51, Nayland Court, Market Place, Romford, RM1 3EF, a leasehold flat, sold at £210,000 on the 20th December 2023.
Read more about house prices in RM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 3 Maxim Tower, Mercury Gardens, Romford as the 253rd largest and the 291st most expensive of the 311 addresses on Mercury Gardens, Romford, RM1.
Against the RM1 postcode district average, it is £205k less expensive than the typical property.
Romford station is the nearest stop to 3 Maxim Tower, Mercury Gardens, Romford at 600 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 3 Maxim Tower, Mercury Gardens, Romford, % of property is and % is .
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 3 Maxim Tower, Mercury Gardens, Romford, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 3 Maxim Tower, Mercury Gardens, Romford, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 3 Maxim Tower, Mercury Gardens, Romford, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
