Housing Market Analysis for MERCURY GARDENS, RM1 3HG

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

Overview of Sold House prices

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

Flat
- The average price is around £203,052 median price is £187,000 Standard Deviation is £46,966 with Total Sold: 59
- The Last 5 Year average price is £290,000 with Total Sold: 1
- The most recent sale happened at this postcode is 84, LEXICON APARTMENTS MERCURY GARDENS: £290,000 (Sold on 01 Apr 2022)
- The first recorded sale happened at this postcode is 88, LEXICON APARTMENTS MERCURY GARDENS: £195,000 (Sold on 13 Apr 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average RM1 3HG 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
2022	£290,000	£4,833	1
2018	£222,333	£4,688	3
2017	£277,667	£4,389	3
2016	£219,500	£3,959	2
2015	£148,600	£2,654	1
2014	£160,333	£2,722	3
2013	£166,667	£2,497	3
2012	£141,983	£2,637	3
2011	£155,833	£2,429	3
2010	£137,000		1
2009	£105,000	£1,909	1
2007	£213,886	£3,631	35

All the Sales in the MERCURY GARDENS, RM1 3HG

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

Address	Sold Date	Price	% Change
84, LEXICON APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 60 Sq.mtrAge: 2003-2006	01 Apr 2022	£290,000	65.71%
	30 Jan 2013	£175,000	-30.00%
	25 May 2007	£250,000	First Sale
108, LEXICON APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 46 Sq.mtrAge: 2003-2006	25 Jun 2018	£212,000	9.84%
	15 Jun 2007	£193,000	First Sale
102, LEXICON APARTMENTS MERCURY GARDENSFlat, Leasehold	22 Mar 2018	£230,000	25.68%
102, LEXICON APARTMENTS MERCURY GARDENSFlat, Leasehold	23 May 2007	£183,000	First Sale
82, LEXICON APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 47.2 Sq.mtrAge: 2003-2006	05 Feb 2018	£225,000	24.31%
	01 Jun 2007	£181,000	First Sale
90, LEXICON APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 69.34 Sq.mtrAge: 2007 onwards	11 Jul 2017	£295,000	18.47%
	05 Jun 2007	£249,000	First Sale
105, LEXICON APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 49.49 Sq.mtrAge: 2003-2006	08 Mar 2017	£228,000	18.13%
	18 May 2007	£193,000	First Sale
87, LEXICON APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 72 Sq.mtrAge: 2003-2006	17 Feb 2017	£310,000	25.00%
	27 Apr 2007	£248,000	First Sale
104, LEXICON APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 53 Sq.mtrAge: 2003-2006	07 Nov 2016	£215,000	74.80%
	01 Oct 2012	£123,000	-33.51%
	25 May 2007	£185,000	First Sale
110, LEXICON APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 58 Sq.mtrAge: 2003-2006	15 Jul 2016	£224,000	19.79%
	25 May 2007	£187,000	First Sale
89, LEXICON APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 56 Sq.mtrAge: 2007 onwards	22 May 2015	£148,600	-20.11%
	18 May 2007	£186,000	First Sale
111, LEXICON APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 45 Sq.mtrAge: 2007-2011	12 Sep 2014	£164,000	-15.46%
	12 Jul 2007	£194,000	First Sale
109, LEXICON APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 81 Sq.mtrAge: 2007 onwards	30 May 2014	£185,000	-26.00%
	12 Jun 2007	£250,000	First Sale
98, LEXICON APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 59 Sq.mtrAge: 2003-2006	30 May 2014	£132,000	-27.87%
	08 Jun 2007	£183,000	First Sale
97, LEXICON APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 68 Sq.mtrAge: 2003-2006	16 Aug 2013	£175,000	-28.86%
	21 Jun 2007	£246,000	First Sale
78, LEXICON APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 75 Sq.mtrAge: 2007 onwards	26 Apr 2013	£150,000	-40.00%
	18 May 2007	£250,000	First Sale
83, LEXICON APARTMENTS MERCURY GARDENSFlat, Leasehold	31 Aug 2012	£132,950	-2.96%
	09 Apr 2010	£137,000	-27.89%
	27 Apr 2007	£190,000	First Sale
103, LEXICON APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 57.55 Sq.mtrAge: 2003-2006	28 May 2012	£170,000	-31.45%
	29 May 2007	£248,000	First Sale
100, LEXICON APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 73 Sq.mtrAge: 2003-2006	19 Dec 2011	£170,000	-31.17%
	18 May 2007	£247,000	First Sale
77, LEXICON APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 63.31 Sq.mtrAge: 2007 onwards	31 Oct 2011	£172,500	-28.12%
	15 Jun 2007	£240,000	First Sale
88, LEXICON APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 56 Sq.mtrAge: 2003-2006	14 Oct 2011	£125,000	-35.90%
	13 Apr 2007	£195,000	First Sale
85, LEXICON APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 55 Sq.mtrAge: 2007 onwards	03 Jul 2009	£105,000	-42.31%
	11 May 2007	£182,000	First Sale
94, LEXICON APARTMENTS MERCURY GARDENSFlat, Leasehold	14 Dec 2007	£290,000	First Sale
95, LEXICON APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 78 Sq.mtrAge: 2003-2006	26 Nov 2007	£315,000	First Sale
93, LEXICON APARTMENTS MERCURY GARDENSFlat, Leasehold	12 Jul 2007	£256,000	First Sale
86, LEXICON APARTMENTS MERCURY GARDENSFlat, Leasehold	29 Jun 2007	£185,000	First Sale
107, LEXICON APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 61 Sq.mtrAge: 2003-2006	14 Jun 2007	£186,000	First Sale
91, LEXICON APARTMENTS MERCURY GARDENSFlat, Leasehold	11 Jun 2007	£184,000	First Sale
96, LEXICON APARTMENTS MERCURY GARDENSFlat, Leasehold	31 May 2007	£180,000	First Sale
92, LEXICON APARTMENTS MERCURY GARDENSFlat, Leasehold	30 May 2007	£187,000	First Sale
99, LEXICON APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 44 Sq.mtrAge: 2007 onwards	25 May 2007	£181,000	First Sale
106, LEXICON APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 68 Sq.mtrAge: 2007 onwards	25 May 2007	£249,000	First Sale
101, LEXICON APARTMENTS MERCURY GARDENSFlat, Leasehold	25 May 2007	£184,000	First Sale
80, LEXICON APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 59 Sq.mtrAge: 2003-2006	18 May 2007	£183,000	First Sale
81, LEXICON APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 63 Sq.mtrAge: 2003-2006	27 Apr 2007	£246,000	First Sale
79, LEXICON APARTMENTS MERCURY GARDENSFlat, Leasehold	27 Apr 2007	£180,000	First Sale

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

MERCURY GARDENS, RM1 3HG Near By properties

Interactive Map

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

Flat
- The average price is around £186,504 median price is £180,000 Standard Deviation is £135,449 with Total Sold: 2,357
- The Last 5 Year average price is £241,421 with Total Sold: 315
- 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 £320,832 median price is £300,000 Standard Deviation is £178,707 with Total Sold: 493
- The Last 5 Year average price is £576,769 with Total Sold: 80
- 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 £459,035 median price is £419,000 Standard Deviation is £252,517 with Total Sold: 294
- The Last 5 Year average price is £751,439 with Total Sold: 41
- 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 £236,566 median price is £205,000 Standard Deviation is £158,421 with Total Sold: 313
- The Last 5 Year average price is £457,936 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 , 29 HIGH STREET: £120,000 (Sold on 19 Apr 1995)
Other
- The average price is around £1,627,863 median price is £575,000 Standard Deviation is £2,996,848 with Total Sold: 135
- The Last 5 Year average price is £1,330,060 with Total Sold: 48
- 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 , 89 SOUTH STREET: £21,755,000 (Sold on 22 May 2014)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£227,900	£4,110	25
2023	£227,292	£4,362	40
2022	£232,865	£4,823	102
2021	£255,878	£4,993	109
2020	£246,551	£5,049	39
2019	£255,464	£4,811	99
2018	£240,577	£4,116	73
2017	£255,545	£4,935	145
2016	£237,426	£4,899	183
2015	£262,670	£3,683	74
2014	£180,473	£3,119	95
2013	£154,896	£2,808	53
2012	£152,266	£2,545	44
2011	£152,329	£2,581	35
2010	£173,550	£2,688	76
2009	£156,809	£2,753	60
2008	£159,197	£2,821	83
2007	£198,987	£3,523	301
2006	£195,550	£3,426	95
2005	£149,414	£2,929	44
2004	£147,219	£2,701	65
2003	£144,686	£2,511	85
2002	£139,475	£2,579	108
2001	£112,384	£2,119	106
2000	£73,921	£1,373	39
1999	£64,909	£1,255	39
1998	£62,067	£1,193	47
1997	£54,032	£923	26
1996	£58,888	£977	46
1995	£57,855	£1,032	21

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£655,000		4
2023	£603,653	£5,782	15
2022	£606,684	£5,452	19
2021	£546,310	£4,828	25
2020	£546,000	£5,049	17
2019	£559,286	£5,777	7
2018	£533,859	£4,586	16
2017	£441,375	£4,276	12
2016	£441,467	£4,450	15
2015	£372,600	£3,573	20
2014	£385,821	£3,235	14
2013	£342,818	£2,903	11
2012	£327,818	£3,098	11
2011	£265,580	£2,912	13
2010	£319,686	£3,174	12
2009	£286,117	£2,622	17
2008	£353,375	£2,953	12
2007	£337,920	£2,691	25
2006	£294,897	£2,528	19
2005	£288,000	£2,450	16
2004	£286,750	£2,647	22
2003	£261,143	£2,209	21
2002	£209,275	£1,993	23
2001	£163,125	£2,007	12
2000	£158,666	£1,181	15
1999	£126,928	£1,671	21
1998	£142,049	£1,223	20
1997	£113,887	£982	28
1996	£91,270	£845	18
1995	£83,769	£783	13

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	£741,667	£4,835	15
2020	£635,286	£4,389	7
2019	£715,312	£4,213	8
2018	£630,000	£4,601	2
2017	£639,333	£4,448	12
2016	£631,846	£5,280	13
2015	£543,083	£3,662	6
2014	£669,885	£3,508	13
2013	£427,624	£3,042	8
2012	£472,750	£3,303	3
2011	£443,571	£3,130	7
2010	£397,333	£3,422	6
2009	£374,667	£2,544	3
2008	£517,500	£3,116	5
2007	£463,893	£3,140	14
2006	£469,773	£2,902	11
2005	£425,400	£2,587	5
2004	£392,266	£3,555	15
2003	£418,917	£2,287	12
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	£581,667	£5,696	6
2022	£567,438	£5,251	8
2021	£393,962	£4,413	13
2020	£385,444	£4,376	9
2019	£314,250	£4,265	6
2018	£373,200	£4,034	5
2017	£411,562	£4,850	8
2016	£388,050	£4,375	10
2015	£295,750	£3,476	8
2014	£338,750	£3,149	8
2013	£234,312	£2,753	8
2012	£218,400	£2,316	5
2011	£281,000	£2,393	2
2010	£246,333	£2,570	9
2009	£219,125	£3,651	8
2008	£308,167	£3,038	6
2007	£260,044	£2,560	17
2006	£213,821	£2,398	14
2005	£215,272	£2,267	9
2004	£317,884	£2,377	13
2003	£337,450	£1,855	10
2002	£154,158	£1,844	22
2001	£138,933	£1,631	22
2000	£118,479	£1,065	16
1999	£98,466	£1,158	15
1998	£90,499	£1,067	8
1997	£76,484	£855	20
1996	£81,953	£702	16
1995	£65,944	£711	9

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£1,300,000		2
2023	£1,670,651	£7,246	9
2022	£1,915,533	£21,153	15
2021	£511,000	£4,348	5
2020	£877,588	£8,423	17
2019	£1,765,826	£4,245	20
2018	£1,256,051	£6,399	21
2017	£1,596,953	£17,731	16
2016	£1,683,500		17
2015	£1,178,333	£5,146	6
2014	£4,712,037		7

House Type in RM1 3HG area

The most common house types in the RM1 3HG 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 3HG 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