Housing Market Analysis for MERCURY GARDENS, RM1 3HE

Are you looking to understand RM1 3HE 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 3HE area, explore the RM1 3HE Area information page.
For comprehensive crime statistics in the RM1 3HE area, explore the RM1 3HE Crime Rates page.

Overview of Sold House prices

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

Flat
- The average price is around £245,370 median price is £249,995 Standard Deviation is £32,458 with Total Sold: 69
- The Last 5 Year average price is £263,500 with Total Sold: 2
- The most recent sale happened at this postcode is 16, MAXIM TOWER MERCURY GARDENS: £250,000 (Sold on 16 Jun 2023)
- The first recorded sale happened at this postcode is 26, MAXIM TOWER MERCURY GARDENS: £277,000 (Sold on 08 Feb 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average RM1 3HE 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	£250,000	£4,066	1
2019	£282,500	£5,412	2
2018	£261,250	£4,570	4
2017	£299,500	£4,530	3
2016	£274,000	£3,491	2
2015	£229,357	£4,174	7
2014	£179,250	£3,753	2
2009	£117,500	£2,352	1
2007	£255,329	£4,688	6
2006	£243,340	£3,955	40
2024	£277,000	£4,695	1

All the Sales in the MERCURY GARDENS, RM1 3HE

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

Address	Sold Date	Price	% Change
16, MAXIM TOWER MERCURY GARDENSFlat, LeaseholdArea: 61.48 Sq.mtrAge: 2007 onwards	16 Jun 2023	£250,000	6.38%
	29 Dec 2006	£235,000	First Sale
27, MAXIM TOWER MERCURY GARDENSFlat, LeaseholdArea: 40.2 Sq.mtrAge: 1996-2002	14 Aug 2019	£260,000	4.00%
	17 Nov 2006	£249,995	First Sale
12, MAXIM TOWER MERCURY GARDENSFlat, LeaseholdArea: 70 Sq.mtrAge: 2003-2006	02 Apr 2019	£305,000	8.93%
	27 Feb 2017	£280,000	12.00%
	24 Nov 2006	£249,995	First Sale
26, MAXIM TOWER MERCURY GARDENSFlat, LeaseholdArea: 59 Sq.mtrAge: 2003-2006	01 Nov 2018	£255,000	2.00%
	24 Nov 2006	£249,995	-9.75%
	08 Feb 2024	£277,000	First Sale
1, MAXIM TOWER MERCURY GARDENSFlat, LeaseholdArea: 74.41 Sq.mtrAge: 2003-2006	19 Oct 2018	£265,000	9.51%
	28 Sep 2006	£241,995	First Sale
39, MAXIM TOWER MERCURY GARDENSFlat, LeaseholdArea: 42 Sq.mtrAge: 2003-2006	06 Jun 2018	£260,000	4.00%
	19 Jan 2007	£249,995	First Sale
23, MAXIM TOWER MERCURY GARDENSFlat, LeaseholdArea: 63 Sq.mtrAge: 1996-2002	25 Apr 2018	£265,000	6.00%
	04 Dec 2006	£249,995	First Sale
5, MAXIM TOWER MERCURY GARDENSFlat, LeaseholdArea: 57.26 Sq.mtrAge: 2007 onwards	30 Jun 2017	£293,500	25.59%
	26 Oct 2006	£233,695	First Sale
33, MAXIM TOWER MERCURY GARDENSFlat, LeaseholdArea: 72.81 Sq.mtrAge: 2003-2006	30 Jun 2017	£325,000	30.00%
	13 Dec 2006	£249,995	First Sale
19, MAXIM TOWER MERCURY GARDENSFlat, LeaseholdArea: 65.46 Sq.mtrAge: 2003-2006	25 Aug 2016	£265,000	12.77%
	13 Dec 2006	£235,000	First Sale
9, MAXIM TOWER MERCURY GARDENSFlat, LeaseholdArea: 96.44 Sq.mtrAge: 2007 onwards	13 May 2016	£283,000	20.43%
	13 Dec 2006	£235,000	First Sale
20, MAXIM TOWER MERCURY GARDENSFlat, LeaseholdArea: 39.4 Sq.mtrAge: 2003-2006	18 Dec 2015	£250,000	0.00%
	04 Dec 2006	£249,995	First Sale
38, MAXIM TOWER MERCURY GARDENSFlat, LeaseholdArea: 64 Sq.mtrAge: 2003-2006	29 Sep 2015	£269,000	14.47%
	03 Nov 2006	£235,000	First Sale
18, MAXIM TOWER MERCURY GARDENSFlat, LeaseholdArea: 69 Sq.mtrAge: 2003-2006	10 Sep 2015	£261,000	5.24%
	29 Sep 2006	£247,995	First Sale
25, MAXIM TOWER MERCURY GARDENSFlat, LeaseholdArea: 67 Sq.mtrAge: 2003-2006	31 Jul 2015	£217,000	-13.20%
	24 Nov 2006	£250,000	First Sale
2, MAXIM TOWER MERCURY GARDENSFlat, LeaseholdArea: 61 Sq.mtrAge: 2003-2006	09 Apr 2015	£215,000	-6.52%
	30 Jun 2006	£230,000	First Sale
37, MAXIM TOWER MERCURY GARDENSFlat, LeaseholdArea: 47.4 Sq.mtrAge: 2007 onwards	23 Mar 2015	£226,000	-9.24%
	01 Jun 2007	£248,995	-0.40%
	19 Jan 2007	£249,995	First Sale
7, MAXIM TOWER MERCURY GARDENSFlat, LeaseholdArea: 49.96 Sq.mtrAge: 2003-2006	19 Mar 2015	£167,500	42.55%
	14 Jul 2009	£117,500	-38.16%
	15 Dec 2006	£189,995	First Sale
42, MAXIM TOWER MERCURY GARDENSFlat, LeaseholdArea: 52 Sq.mtrAge: 2003-2006	24 Oct 2014	£225,000	First Sale
3, MAXIM TOWER MERCURY GARDENSFlat, LeaseholdArea: 42 Sq.mtrAge: 2003-2006	06 Aug 2014	£133,500	-33.25%
	29 Sep 2006	£199,995	First Sale
17, MAXIM TOWER MERCURY GARDENSFlat, LeaseholdArea: 78 Sq.mtrAge: 2003-2006	17 Dec 2007	£242,995	5.19%
	20 Oct 2006	£231,000	First Sale
44, MAXIM TOWER MERCURY GARDENSFlat, Leasehold	16 Mar 2007	£290,000	First Sale
43, MAXIM TOWER MERCURY GARDENSFlat, LeaseholdArea: 65 Sq.mtrAge: 2003-2006	23 Jan 2007	£249,995	First Sale
15, MAXIM TOWER MERCURY GARDENSFlat, LeaseholdArea: 66 Sq.mtrAge: 2007-2011	20 Dec 2006	£235,000	First Sale
11, MAXIM TOWER MERCURY GARDENSFlat, LeaseholdArea: 61 Sq.mtrAge: 2003-2006	20 Dec 2006	£235,000	First Sale
34, MAXIM TOWER MERCURY GARDENSFlat, LeaseholdArea: 65 Sq.mtrAge: 2003-2006	19 Dec 2006	£250,000	First Sale
30, MAXIM TOWER MERCURY GARDENSFlat, LeaseholdArea: 57.4 Sq.mtrAge: 2003-2006	18 Dec 2006	£250,000	First Sale
21, MAXIM TOWER MERCURY GARDENSFlat, LeaseholdArea: 61.99 Sq.mtrAge: 2003-2006	15 Dec 2006	£235,000	First Sale
29, MAXIM TOWER MERCURY GARDENSFlat, LeaseholdArea: 60.9 Sq.mtrAge: 2003-2006	15 Dec 2006	£250,000	First Sale
35, MAXIM TOWER MERCURY GARDENSFlat, LeaseholdArea: 75 Sq.mtrAge: 2003-2006	15 Dec 2006	£235,995	First Sale
4, MAXIM TOWER MERCURY GARDENSFlat, LeaseholdArea: 73 Sq.mtrAge: 2003-2006	13 Dec 2006	£235,000	First Sale
8, MAXIM TOWER MERCURY GARDENSFlat, LeaseholdArea: 65 Sq.mtrAge: 1996-2002	13 Dec 2006	£235,000	First Sale
45, MAXIM TOWER MERCURY GARDENSFlat, Leasehold	11 Dec 2006	£300,000	First Sale
32, MAXIM TOWER MERCURY GARDENSFlat, LeaseholdArea: 63.2 Sq.mtrAge: 2003-2006	08 Dec 2006	£250,000	First Sale
31, MAXIM TOWER MERCURY GARDENSFlat, LeaseholdArea: 66 Sq.mtrAge: 2007-2011	08 Dec 2006	£250,000	First Sale
24, MAXIM TOWER MERCURY GARDENSFlat, LeaseholdArea: 62.98 Sq.mtrAge: 2007 onwards	04 Dec 2006	£249,995	First Sale
22, MAXIM TOWER MERCURY GARDENSFlat, LeaseholdArea: 66.8 Sq.mtrAge: 2003-2006	04 Dec 2006	£249,995	First Sale
14, MAXIM TOWER MERCURY GARDENSFlat, Leasehold	24 Nov 2006	£249,995	First Sale
28, MAXIM TOWER MERCURY GARDENSFlat, Leasehold	17 Nov 2006	£249,995	First Sale
6, MAXIM TOWER MERCURY GARDENSFlat, LeaseholdArea: 49.54 Sq.mtrAge: 2003-2006	27 Oct 2006	£214,982	First Sale
40, MAXIM TOWER MERCURY GARDENSFlat, LeaseholdArea: 57 Sq.mtrAge: 2003-2006	27 Oct 2006	£261,995	First Sale
10, MAXIM TOWER MERCURY GARDENSFlat, Leasehold	27 Oct 2006	£249,995	First Sale
13, MAXIM TOWER MERCURY GARDENSFlat, Leasehold	20 Oct 2006	£249,995	First Sale
36, MAXIM TOWER MERCURY GARDENSFlat, LeaseholdArea: 64 Sq.mtrAge: 2003-2006	26 Sep 2006	£229,000	First Sale
41, MAXIM TOWER MERCURY GARDENSFlat, LeaseholdArea: 53 Sq.mtrAge: 2003-2006	26 Sep 2006	£301,995	First Sale

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

MERCURY GARDENS, RM1 3HE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the RM1 3HE 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 3HE postcode.

Flat
- The average price is around £186,108 median price is £180,000 Standard Deviation is £134,367 with Total Sold: 2,411
- The Last 5 Year average price is £241,982 with Total Sold: 327
- The most recent sale happened at this postcode is , 12 HARCOURT MEWS: £220,000 (Sold on 12 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 £298,319 median price is £267,500 Standard Deviation is £173,628 with Total Sold: 449
- The Last 5 Year average price is £562,908 with Total Sold: 65
- The most recent sale happened at this postcode is , 26 SIMS CLOSE: £417,500 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 15 LINDEN STREET: £82,000 (Sold on 03 Jan 1995)
Detached
- The average price is around £459,266 median price is £412,500 Standard Deviation is £265,854 with Total Sold: 282
- The Last 5 Year average price is £771,103 with Total Sold: 39
- 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 , 72 MAIN ROAD: £80,000 (Sold on 16 Feb 1995)
Terraced
- The average price is around £223,921 median price is £190,000 Standard Deviation is £152,538 with Total Sold: 322
- The Last 5 Year average price is £443,500 with Total Sold: 39
- The most recent sale happened at this postcode is , 22 SIMS CLOSE: £506,000 (Sold on 26 Apr 2024)
- The first recorded sale happened at this postcode is , 100 VICTORIA ROAD: £50,000 (Sold on 21 Feb 1995)
Other
- The average price is around £1,557,875 median price is £521,970 Standard Deviation is £2,917,927 with Total Sold: 144
- The Last 5 Year average price is £1,330,538 with Total Sold: 49
- 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	£232,537	£4,110	27
2023	£229,866	£4,365	47
2022	£233,856	£4,823	103
2021	£255,757	£4,981	110
2020	£245,638	£4,989	40
2019	£255,159	£4,810	100
2018	£238,709	£4,100	75
2017	£255,356	£4,934	147
2016	£237,426	£4,899	183
2015	£260,495	£3,676	76
2014	£179,668	£3,120	98
2013	£154,896	£2,808	53
2012	£152,260	£2,543	45
2011	£152,230	£2,603	37
2010	£173,550	£2,688	76
2009	£156,517	£2,753	61
2008	£159,052	£2,832	84
2007	£198,901	£3,520	302
2006	£193,336	£3,398	99
2005	£150,641	£2,927	46
2004	£147,726	£2,674	78
2003	£143,934	£2,511	86
2002	£139,053	£2,579	109
2001	£112,384	£2,119	106
2000	£72,838	£1,363	41
1999	£64,909	£1,255	39
1998	£61,085	£1,180	49
1997	£54,032	£923	26
1996	£58,888	£977	46
1995	£56,498	£1,010	22

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£606,667		3
2023	£574,230	£6,189	10
2022	£612,294	£5,506	17
2021	£518,615	£4,663	24
2020	£561,000	£4,725	11
2019	£535,000	£5,552	5
2018	£530,482	£4,448	14
2017	£413,136	£4,251	11
2016	£440,321	£4,478	14
2015	£324,433	£3,465	15
2014	£345,962	£3,121	13
2013	£309,300	£2,816	10
2012	£303,375	£2,920	8
2011	£259,378	£2,825	12
2010	£302,278	£2,846	8
2009	£273,647	£2,646	17
2008	£354,909	£3,457	11
2007	£334,333	£2,627	24
2006	£270,403	£2,494	15
2005	£280,353	£2,399	17
2004	£263,394	£2,681	19
2003	£250,429	£2,370	21
2002	£209,275	£1,993	23
2001	£148,375	£1,907	16
2000	£159,133	£1,300	15
1999	£124,678	£1,677	21
1998	£146,223	£1,284	19
1997	£110,382	£969	27
1996	£90,286	£845	17
1995	£81,583	£747	12

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£712,000		1
2023	£770,889	£4,706	9
2022	£843,000	£4,967	9
2021	£716,071	£4,481	14
2020	£801,833	£4,715	6
2019	£727,500	£4,424	7
2018	£630,000	£4,601	2
2017	£668,600	£4,563	10
2016	£631,846	£5,280	13
2015	£543,083	£3,662	6
2014	£684,458	£3,524	12
2013	£427,624	£3,042	8
2012	£472,750	£3,303	3
2011	£444,167	£3,212	6
2010	£391,800	£3,332	5
2009	£374,667	£2,544	3
2008	£517,500	£3,116	5
2007	£463,893	£3,140	14
2006	£461,750	£2,902	10
2005	£435,000	£2,587	5
2004	£392,266	£3,555	15
2003	£421,944	£2,084	9
2002	£352,153	£1,785	13
2001	£354,595	£2,001	27
2000	£301,079	£1,689	12
1999	£283,781	£1,537	32
1998	£202,200	£1,537	5
1997	£135,417	£619	6
1996	£140,458	£956	8
1995	£111,286	£909	7

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£413,167		3
2023	£512,833	£5,018	6
2022	£567,438	£5,251	8
2021	£387,767	£4,371	15
2020	£374,857	£4,352	7
2019	£299,357	£4,265	7
2018	£373,200	£4,034	5
2017	£372,857	£4,547	7
2016	£361,562	£4,335	8
2015	£283,875	£3,395	8
2014	£326,667	£3,132	9
2013	£227,166	£2,677	9
2012	£218,400	£2,316	5
2011	£257,333	£2,217	3
2010	£227,166	£2,269	12
2009	£211,857	£3,912	7
2008	£314,333	£3,038	6
2007	£260,044	£2,560	17
2006	£212,718	£2,376	16
2005	£191,857	£2,365	7
2004	£283,883	£2,523	13
2003	£311,083	£1,863	12
2002	£152,658	£2,073	22
2001	£126,261	£1,621	25
2000	£113,261	£1,065	16
1999	£92,153	£1,101	13
1998	£83,249	£978	8
1997	£71,999	£848	23
1996	£72,516	£589	16
1995	£58,833	£714	9

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£1,300,000		2
2023	£1,638,936	£7,246	10
2022	£1,915,533	£21,153	15
2021	£511,000	£4,348	5
2020	£877,588	£8,423	17
2019	£1,673,546	£4,245	22
2018	£1,199,208	£6,399	22
2017	£1,596,953	£17,731	16
2016	£1,525,342		19
2015	£921,250	£5,146	8
2014	£4,254,282	£15,000	8

House Type in RM1 3HE area

The most common house types in the RM1 3HE postcode area are Flat (212), commercial building (4), and Detached (0).

Total	216
Flat	212
commercial building	4
Detached	0
Semi-detached	0
Terraced	0
Shared house	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (110), and Owned: Owns with a mortgage or loan (59).

Private rented: Private landlord or letting agency	110
Owned: Owns with a mortgage or loan	59
Social rented: Other social rented	19
Shared ownership: Shared ownership	14
Owned: Owns outright	9
Private rented: Other private rented	4
Does not apply	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the RM1 3HE have 2 people in household (94), and 1 person in household (76).

2 people in household	94
1 person in household	76
3 people in household	24
4 people in household	17
5 people in household	4
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0