Mercury Gardens, ROMFORD
HA

Mercury Gardens, ROMFORD

By haart

£ 250,000

Reviews

3 out of 5 stars

haart says ..

GUIDE PRICE £250,000 - £260,000 Located within a short walk to Romford town and station. Is this, two bedroom apartment offering concierge service, lift access and is ready for you to move straight into

Property Oracle says ..

This property is a 2-bedroom apartment located in Romford, Greater London. The apartment is modern and well-maintained, as seen in the provided images. It benefits from a convenient location, with nearby transportation links including Romford station (TfL Rail) just 0.43km away. Several schools are also within a reasonable distance, including Bep Academy (Good Ofsted rating) and St. Peter’s Catholic Primary School (Outstanding Ofsted rating). The apartment itself appears to be in excellent condition, with a modern kitchen and bathroom. While the plot size is 0 sqft, the location and condition of the property are strong selling points. The list price of £250,000 is slightly below the average price for the area (£401,187), but it is important to note that the average sqft is considerably higher (946 sqft vs 700 sqft). Considering the modern condition and convenient location, the price could be considered reasonable, although a detailed comparison with similar properties in the immediate area would be beneficial for a more precise assessment.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
9
Location
8
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
700.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
320,556.00 £
Decreased by 21.24 %
from 407,014.00 £
Est sale value
272,300.00 £
Decreased by 14.32 %
from 317,800.00 £
Average area rental value
1,673.00 £/mo
Decreased by 4.18 %
from 1,746.00 £/mo
Est letting value
1,400.00 £/mo
Increased by 100.00 %
from 700.00 £/mo
Est rental Yield
6.26 %
Increased by 21.55 %
from 5.15 %
Crime Rate
15.00 %
Unchanged by 0.00 %
from 15.00 %

Agent Activity

  • haart created the listing.

Nearby Schools

NameTypeOfstedDistance
Bep AcademyOther Independent SchoolGood0.27 KM
St. Kilda Children'S CentreChildren's Centre0.31 KM
St Edward'S Church Of England Voluntary Aided Primary SchoolVoluntary Aided SchoolGood0.97 KM
St Peter'S Catholic Primary SchoolVoluntary Aided SchoolOutstanding1.12 KM
Gidea Park Primary SchoolCommunity SchoolGood1.12 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Ducking Stool Court £ 240,00000.00 KM
Brewery Walk £ 000.00 KM
The Brewery Walk £ 275,00000.00 KM
The Mews £ 275,00000.00 KM
A118 £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Romford6886RMF0.43 KM
Gidea Park6877GDP2.27 KM
Emerson Park7473EMP3.91 KM
Harold Wood6879HRO5.49 KM
Chadwell Heath6874CTH6.39 KM

Nearby Listings

AddressPriceTypeScoreDistance
Mercury Gardens, ROMFORD £ 250,000BUY6 / 100.00 KM
5, Mercury Gardens, Romford, RM1 £ 270,000BUY6 / 100.00 KM
Verve Apartments, 5 Mercury Gardens, Romford, RM1 £ 220,000BUY5 / 100.00 KM
Mercury Gardens, Romford, RM1 £ 240,000BUYUnknown0.01 KM
Mercury Gardens, Romford, RM1 £ 325,000BUY6 / 100.01 KM

Nearby Properties

AddressPriceDistance
46 Western Road £ 150,0000.19 KM
44 Western Road £ 148,0000.19 KM
68 Western Road £ 300,0000.22 KM
74 Western Road £ 362,5000.22 KM
72 Western Road £ 308,0000.22 KM