40 Maxim Tower, Mercury Gardens
40 Maxim Tower, Mercury Gardens
Description & Estimates
40 Maxim Tower, Mercury Gardens, Romford is described in the public record as a modern apartment with 613 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 40 Maxim Tower, Mercury Gardens, Romford is £254,185 and its rental estimate is £1,420 per month, given the available information and assuming reasonable condition.
Mercury Gardens, Romford, RM1 falls within the RM1 postal district, in the borough of Havering.
Our Data Sources
40 Maxim Tower, Mercury Gardens, Romford has no recent1 records in the the Land Registry and a single entry in the EPC database dated January 2021.
We combine this information with public data 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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 40 Maxim Tower, Mercury Gardens, Romford, we estimate a market value of £266,895 and a rental value of £1,491 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £236,392 and £1,321 per month respectively.
Recent Market Change
Over the last year, 40 Maxim Tower, Mercury Gardens, Romford has seen its estimated sale value move up by £2,464 (1.0%) and its estimated rental value increase by £40 per month (2.8%). This results in an estimated gross rental yield of 6.7%.
Energy Efficiency
40 Maxim Tower, Mercury Gardens, Romford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Jan 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
The most recent sale of 40 Maxim Tower, Mercury Gardens, Romford completed on 27th October 2006 at £261,995 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
- Sold Oct 2006£261,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 40 Maxim Tower, Mercury Gardens, Romford have sold within a radius of 420 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th August 2025, was 98 Lexicon Apartments, Mercury Gardens, Romford, RM1 3HG, a leasehold flat which sold for £210,000.
Read more about house prices in RM1.
- Sold Aug 2025£210,000 | 2 Bed FlatMercury Gardens98 Lexicon Apartments, Mercury Gardens, Romford, RM1 3HG
- Sold Aug 2025£210,000 | 2 Bed FlatMercury Gardens110 Lexicon Apartments, Mercury Gardens, Romford, RM1 3HG
- Sold Feb 2024£277,000 | 2 Bed FlatMercury Gardens26 Maxim Tower, Mercury Gardens, Romford, RM1 3HE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 311 addresses on Mercury Gardens, Romford, RM1, 40 Maxim Tower, Mercury Gardens, Romford comes out as the 137th largest and the 190th most expensive in our analysis of the public data.
It is also £164k less expensive than the average property across the RM1 district.
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Schools Nearby
- 600mSt Edward's Church of England Voluntary Aided Primary School
- 700mSt Peter's Catholic Primary School
- 800mGidea Park Primary School
- 1.2kmMarshalls Park Academy
- 1.2kmThe Frances Bardsley Academy for Girls
- 1.9kmThe Royal Liberty School
More reading links
Public Transport Nearby
From 40 Maxim Tower, Mercury Gardens, Romford, the nearest station is Romford, 600 metres away.
- 600mRomford
- 1.5kmGidea Park
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
