Housing Market Analysis for MERCURY GARDENS, RM1 3FB

Are you looking to understand RM1 3FB house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Havering postcode.

For the location information and nearby amenities in the RM1 3FB area, explore the RM1 3FB Area information page.
For comprehensive crime statistics in the RM1 3FB area, explore the RM1 3FB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the RM1 3FB postcode area, The average prices are as follows,

Flat
- The average price is around £242,450 median price is £255,000 Standard Deviation is £33,378 with Total Sold: 88
- The Last 5 Year average price is £249,009 with Total Sold: 22
- The most recent sale happened at this postcode is 17, VERVE APARTMENTS, 5 MERCURY GARDENS: £207,500 (Sold on 24 Mar 2023)
- The first recorded sale happened at this postcode is 7, VERVE APARTMENTS, 5 MERCURY GARDENS: £230,000 (Sold on 01 Aug 2024)
Other
- The average price is around £275,000 median price is £275,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 9, VERVE APARTMENTS, 5 MERCURY GARDENS: £275,000 (Sold on 21 Jul 2017)
- The first recorded sale happened at this postcode is 9, VERVE APARTMENTS, 5 MERCURY GARDENS: £275,000 (Sold on 21 Jul 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average RM1 3FB house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£207,500	£6,917	1
2022	£255,588	£5,993	8
2021	£247,389	£6,064	9
2020	£260,000	£6,341	1
2019	£210,000	£8,077	1
2017	£241,463	£6,284	31
2016	£240,059	£6,303	34
2024	£246,500		3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£275,000	£6,395	1

All the Sales in the MERCURY GARDENS, RM1 3FB

See the table below for more details on the sold house prices in the RM1 3FB, Havering postcode.

Address	Sold Date	Price	% Change
17, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 30 Sq.mtr	24 Mar 2023	£207,500	1.22%
	22 Nov 2016	£205,000	First Sale
36, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 45 Sq.mtrAge: 2012 onwards	21 Dec 2022	£265,000	-1.85%
	14 Feb 2017	£270,000	First Sale
3, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 43 Sq.mtr	28 Nov 2022	£265,000	3.92%
	29 Mar 2017	£255,000	First Sale
9, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 43 Sq.mtr	28 Sep 2022	£265,000	-3.64%
	21 Jul 2017	£275,000	First Sale
33, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 45 Sq.mtr	31 Aug 2022	£265,000	3.92%
	17 Feb 2017	£255,000	First Sale
19, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 43 Sq.mtr	12 Aug 2022	£262,000	-1.13%
	18 Nov 2016	£265,000	First Sale
21, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 37 Sq.mtr	27 Jun 2022	£222,700	1.23%
	22 Nov 2016	£220,000	First Sale
35, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 47 Sq.mtr	27 May 2022	£250,000	-9.09%
	23 Nov 2016	£275,000	First Sale
47, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 39 Sq.mtr	29 Apr 2022	£250,000	-5.66%
	09 Dec 2016	£265,000	First Sale
56, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 48 Sq.mtr	01 Nov 2021	£260,000	-5.45%
	24 Nov 2016	£275,000	First Sale
4, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 45 Sq.mtr	25 Oct 2021	£258,000	1.18%
	29 Mar 2017	£255,000	First Sale
24, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 43 Sq.mtr	15 Oct 2021	£252,500	-0.98%
	18 Nov 2016	£255,000	First Sale
54, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 42 Sq.mtr	28 Sep 2021	£250,000	-3.85%
	03 Mar 2017	£260,000	First Sale
18, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 43 Sq.mtr	28 Sep 2021	£247,000	142.16%
	18 Nov 2016	£102,000	First Sale
50, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 41 Sq.mtr	27 Aug 2021	£260,000	-1.89%
	23 Nov 2016	£265,000	First Sale
41, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 32 Sq.mtr	28 Jun 2021	£216,000	0.47%
	23 Nov 2016	£215,000	First Sale
60, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 43 Sq.mtr	23 Jun 2021	£266,000	-5.00%
	22 Nov 2016	£280,000	First Sale
59, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 33 Sq.mtr	08 Mar 2021	£217,000	11.28%
	11 Jan 2017	£195,000	First Sale
62, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 41 Sq.mtr	11 Feb 2020	£260,000	6.12%
	16 Nov 2016	£245,000	First Sale
51, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 26 Sq.mtr	02 Aug 2019	£210,000	-2.33%
	13 Dec 2016	£215,000	First Sale
15, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 24 Sq.mtr	06 Oct 2017	£135,000	First Sale
52, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 45 Sq.mtr	09 Aug 2017	£260,000	First Sale
6, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 40 Sq.mtr	31 Jul 2017	£265,000	First Sale
5, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 42 Sq.mtr	21 Jul 2017	£265,000	First Sale
13, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 39 Sq.mtr	23 Jun 2017	£255,000	First Sale
11, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 26 Sq.mtr	09 Jun 2017	£195,000	First Sale
10, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 41 Sq.mtr	21 Apr 2017	£265,000	First Sale
25, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 41 Sq.mtr	31 Mar 2017	£260,000	First Sale
12, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 45 Sq.mtr	31 Mar 2017	£255,000	First Sale
2, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 30 Sq.mtr	29 Mar 2017	£215,000	First Sale
1, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 32 Sq.mtr	29 Mar 2017	£205,000	First Sale
8, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 43 Sq.mtr	29 Mar 2017	£275,000	First Sale
14, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 42 Sq.mtr	29 Mar 2017	£260,000	First Sale
7, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 39 Sq.mtr	24 Mar 2017	£265,000	15.22%
	01 Aug 2024	£230,000	First Sale
55, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 24 Sq.mtr	10 Mar 2017	£155,000	First Sale
43, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 43 Sq.mtr	07 Mar 2017	£260,000	First Sale
32, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 45 Sq.mtr	22 Feb 2017	£255,000	First Sale
53, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 39 Sq.mtr	10 Feb 2017	£250,000	First Sale
40, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 28 Sq.mtr	10 Feb 2017	£215,000	First Sale
37, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 41 Sq.mtr	20 Jan 2017	£255,360	First Sale
64, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 43 Sq.mtr	20 Jan 2017	£255,000	First Sale
34, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 33 Sq.mtr	20 Jan 2017	£215,000	First Sale
28, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 39 Sq.mtr	20 Jan 2017	£240,000	First Sale
38, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 43 Sq.mtr	09 Jan 2017	£255,000	First Sale
46, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 40 Sq.mtr	05 Jan 2017	£265,000	First Sale
30, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 24 Sq.mtr	27 Dec 2016	£165,000	First Sale
58, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 45 Sq.mtr	21 Dec 2016	£255,000	First Sale
22, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 31 Sq.mtr	21 Dec 2016	£195,000	First Sale
65, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 28 Sq.mtr	16 Dec 2016	£215,000	First Sale
23, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 43 Sq.mtr	16 Dec 2016	£265,000	6.21%
	07 Feb 2024	£249,500	First Sale
49, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 43 Sq.mtr	14 Dec 2016	£275,000	First Sale
26, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 26 Sq.mtr	13 Dec 2016	£190,000	First Sale
42, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 30 Sq.mtr	09 Dec 2016	£215,000	First Sale
63, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 43 Sq.mtr	05 Dec 2016	£275,000	First Sale
20, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 30 Sq.mtr	02 Dec 2016	£205,000	First Sale
31, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 48 Sq.mtr	02 Dec 2016	£265,000	First Sale
45, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 42 Sq.mtr	30 Nov 2016	£275,000	First Sale
16, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 32 Sq.mtr	23 Nov 2016	£205,000	First Sale
29, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 42 Sq.mtr	23 Nov 2016	£265,000	First Sale
76, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, Leasehold	22 Nov 2016	£205,000	First Sale
57, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 43 Sq.mtr	18 Nov 2016	£275,000	5.77%
	17 Apr 2024	£260,000	First Sale
48, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 43 Sq.mtr	18 Nov 2016	£260,000	First Sale
61, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 45 Sq.mtr	18 Nov 2016	£275,000	First Sale
39, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 43 Sq.mtr	18 Nov 2016	£255,000	First Sale
44, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 43 Sq.mtr	17 Nov 2016	£275,000	First Sale
27, VERVE APARTMENTS, 5 MERCURY GARDENSFlat, LeaseholdArea: 45 Sq.mtr	11 Nov 2016	£270,000	First Sale

Check out the sold house prices near the RM1 3FB postcode. Properties currently for saleProperties currently for rent

MERCURY GARDENS, RM1 3FB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the RM1 3FB postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the RM1 3FB postcode.

Flat
- The average price is around £174,883 median price is £166,000 Standard Deviation is £121,089 with Total Sold: 3,244
- The Last 5 Year average price is £235,051 with Total Sold: 391
- The most recent sale happened at this postcode is , 26D ALBERT ROAD: £170,000 (Sold on 19 Sep 2024)
- The first recorded sale happened at this postcode is FLAT 8, ST. JAMES COURT GILBERT ROAD: £80,995 (Sold on 20 Jan 1995)
Semi-Detached
- The average price is around £257,533 median price is £228,000 Standard Deviation is £150,011 with Total Sold: 612
- The Last 5 Year average price is £463,358 with Total Sold: 95
- The most recent sale happened at this postcode is , 31 CARLISLE ROAD: £420,000 (Sold on 27 Aug 2024)
- The first recorded sale happened at this postcode is , 44 ALBERT ROAD: £57,000 (Sold on 13 Apr 1995)
Detached
- The average price is around £415,505 median price is £370,000 Standard Deviation is £272,764 with Total Sold: 193
- The Last 5 Year average price is £762,783 with Total Sold: 23
- The most recent sale happened at this postcode is , 10 IVES GARDENS: £712,000 (Sold on 04 Jul 2024)
- The first recorded sale happened at this postcode is , 87 EASTERN ROAD: £102,500 (Sold on 18 Apr 1995)
Terraced
- The average price is around £202,119 median price is £183,000 Standard Deviation is £125,737 with Total Sold: 790
- The Last 5 Year average price is £394,948 with Total Sold: 100
- The most recent sale happened at this postcode is , 64 VICTORIA ROAD: £480,000 (Sold on 17 Jun 2024)
- The first recorded sale happened at this postcode is , 11 SHAFTESBURY ROAD: £50,000 (Sold on 05 Jan 1995)
Other
- The average price is around £1,413,778 median price is £520,000 Standard Deviation is £2,727,235 with Total Sold: 168
- The Last 5 Year average price is £1,056,255 with Total Sold: 72
- The most recent sale happened at this postcode is , 31 LODGE AVENUE: £680,000 (Sold on 28 Mar 2024)
- The first recorded sale happened at this postcode is FLAT 2, ALICE COURT HANNOVER PLACE: £1,050,000 (Sold on 31 Mar 2014)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£222,166	£4,237	35
2023	£220,288	£4,301	65
2022	£228,750	£4,633	129
2021	£252,209	£4,818	111
2020	£241,304	£4,692	51
2019	£247,084	£4,749	129
2018	£236,508	£4,206	96
2017	£248,870	£4,816	169
2016	£234,177	£4,788	236
2015	£239,161	£3,552	103
2014	£173,851	£3,118	131
2013	£148,161	£2,711	70
2012	£144,643	£2,503	61
2011	£143,983	£2,504	57
2010	£171,034	£2,749	92
2009	£151,400	£2,641	102
2008	£159,777	£2,867	116
2007	£192,427	£3,478	343
2006	£177,926	£3,252	138
2005	£146,477	£2,932	67
2004	£146,076	£2,763	119
2003	£138,630	£2,478	122
2002	£124,408	£2,448	211
2001	£106,686	£2,115	166
2000	£71,282	£1,355	59
1999	£64,370	£1,226	50
1998	£66,268	£1,235	98
1997	£52,983	£974	41
1996	£56,473	£921	52
1995	£53,439	£900	25

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£424,000	£4,241	6
2023	£479,391	£5,889	17
2022	£506,180	£5,257	20
2021	£439,007	£4,756	37
2020	£463,900	£4,560	15
2019	£448,292	£4,544	12
2018	£451,117	£4,489	15
2017	£368,906	£4,232	16
2016	£392,023	£4,336	15
2015	£290,281	£3,625	16
2014	£302,240	£3,267	25
2013	£248,884	£2,888	13
2012	£262,868	£2,797	19
2011	£243,331	£2,880	24
2010	£235,600	£2,530	5
2009	£243,613	£2,570	15
2008	£297,567	£3,053	15
2007	£283,143	£2,784	27
2006	£229,954	£2,650	28
2005	£230,682	£2,426	22
2004	£233,107	£2,492	28
2003	£202,779	£2,234	34
2002	£177,400	£2,171	27
2001	£125,790	£1,711	31
2000	£128,999	£1,492	17
1999	£105,409	£1,398	25
1998	£109,864	£1,185	24
1997	£92,073	£1,025	34
1996	£78,133	£806	15
1995	£70,633	£784	15

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£712,000		1
2023	£697,250	£4,775	8
2022	£1,150,000	£4,733	1
2021	£747,500	£4,868	8
2020	£824,800	£4,885	5
2019	£565,000	£5,054	2
2018	£494,000	£4,631	4
2017	£528,200	£4,991	5
2016	£516,000	£4,595	10
2015	£456,700	£3,001	5
2014	£645,100	£3,467	10
2013	£414,000	£3,105	4
2012	£355,000	£3,504	2
2011	£339,167	£2,563	6
2010	£378,000	£3,181	3
2009	£341,250	£2,437	4
2008	£506,250	£3,116	4
2007	£415,091	£3,272	11
2006	£396,143	£2,820	7
2005	£421,250	£2,261	4
2004	£392,062	£5,329	8
2003	£291,875	£2,120	4
2002	£345,000	£1,472	9
2001	£333,118	£1,989	17
2000	£277,492	£2,451	6
1999	£288,845	£1,634	29
1998	£142,500	£1,617	2
1997	£131,875	£632	4
1996	£113,571	£997	7
1995	£112,333	£692	3

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£402,643	£4,375	7
2023	£425,875	£5,135	20
2022	£427,748	£5,373	21
2021	£358,644	£4,570	39
2020	£399,154	£4,787	13
2019	£315,867	£4,532	18
2018	£327,938	£4,276	16
2017	£332,250	£4,714	12
2016	£321,267	£4,186	30
2015	£288,278	£4,000	18
2014	£263,537	£3,271	27
2013	£214,761	£2,921	23
2012	£233,559	£2,591	17
2011	£201,031	£2,638	16
2010	£181,697	£2,543	18
2009	£194,000	£3,422	9
2008	£206,700	£2,690	20
2007	£236,344	£2,922	37
2006	£192,715	£2,649	43
2005	£180,670	£2,417	26
2004	£200,309	£2,329	38
2003	£204,387	£2,241	40
2002	£141,654	£1,874	42
2001	£109,569	£1,506	37
2000	£96,103	£1,186	29
1999	£82,065	£1,130	35
1998	£72,247	£899	28
1997	£66,560	£884	45
1996	£61,047	£799	36
1995	£54,845	£677	30

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£979,375		4
2023	£1,012,422	£5,558	21
2022	£1,915,533	£21,153	15
2021	£367,000	£6,698	8
2020	£800,125	£8,423	24
2019	£1,755,334	£4,515	21
2018	£1,206,208	£11,846	22
2017	£1,479,333	£17,731	18
2016	£1,582,289	£5,556	19
2015	£917,500	£1,061	8
2014	£4,254,282	£15,000	8

House Type in RM1 3FB area

The most common house types in the RM1 3FB postcode area are Flat (180), converted building (25), and commercial building (14).

Total	225
Flat	180
converted building	25
commercial building	14
Shared house	3
Detached	1
Semi-detached	1
temporary structure	1
Terraced	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (127), and Owned: Owns with a mortgage or loan (84).

Private rented: Private landlord or letting agency	127
Owned: Owns with a mortgage or loan	84
Owned: Owns outright	6
Private rented: Other private rented	5
Social rented: Rents from council or Local Authority	3
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the RM1 3FB have 1 person in household (95), and 2 people in household (84).

1 person in household	95
2 people in household	84
3 people in household	31
4 people in household	14
5 people in household	1
7 people in household	1
0 people in household	0
6 people in household	0
8 or more people in household	0