Housing Market Analysis for MERCURY GARDENS, RM1 3HJ

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

Overview of Sold House prices

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

Flat
- The average price is around £249,875 median price is £249,995 Standard Deviation is £44,349 with Total Sold: 32
- The most recent sale happened at this postcode is 131, AXIOM APARTMENTS MERCURY GARDENS: £285,000 (Sold on 28 Sep 2018)
- The first recorded sale happened at this postcode is 125, AXIOM APARTMENTS MERCURY GARDENS: £250,000 (Sold on 15 Jun 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average RM1 3HJ 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
2018	£342,500	£5,158	2
2017	£285,000	£3,829	2
2016	£271,500	£4,082	2
2015	£245,000	£3,712	1
2014	£220,000	£3,235	1
2013	£200,000	£3,030	1
2011	£156,667	£2,420	3
2007	£253,150	£3,732	20

All the Sales in the MERCURY GARDENS, RM1 3HJ

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

Address	Sold Date	Price	% Change
131, AXIOM APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 53 Sq.mtrAge: 2003-2006	28 Sep 2018	£285,000	11.33%
	06 Jul 2007	£256,000	First Sale
121, AXIOM APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 81 Sq.mtrAge: 2007 onwards	06 Feb 2018	£400,000	32.45%
	28 Sep 2007	£302,000	First Sale
130, AXIOM APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 83 Sq.mtrAge: 2003-2006	09 Jun 2017	£295,000	16.14%
	24 Oct 2007	£254,000	First Sale
113, AXIOM APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 67 Sq.mtrAge: 2003-2006	15 Feb 2017	£275,000	14.58%
	31 Aug 2007	£240,000	First Sale
115, AXIOM APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 68 Sq.mtrAge: 2007 onwards	01 Nov 2016	£280,000	27.27%
	12 May 2014	£220,000	-15.38%
	30 Nov 2007	£260,000	First Sale
124, AXIOM APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 65 Sq.mtrAge: 2007-2011	29 Jan 2016	£263,000	59.39%
	20 Apr 2011	£165,000	-31.54%
	31 Aug 2007	£241,000	First Sale
118, AXIOM APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 66 Sq.mtrAge: 2007 onwards	27 Nov 2015	£245,000	-2.00%
	14 Nov 2007	£249,995	First Sale
125, AXIOM APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 66 Sq.mtrAge: 2003-2006	01 Nov 2013	£200,000	-20.00%
	15 Jun 2007	£250,000	First Sale
114, AXIOM APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 65.57 Sq.mtrAge: 2003-2006	24 Feb 2011	£140,000	-43.55%
	26 Jun 2007	£248,000	First Sale
129, AXIOM APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 63.8 Sq.mtrAge: 2007 onwards	28 Jan 2011	£165,000	-34.52%
	29 Jun 2007	£252,000	First Sale
128, AXIOM APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 59.49 Sq.mtrAge: 1996-2002	06 Dec 2007	£250,000	First Sale
119, AXIOM APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 69 Sq.mtrAge: 2003-2006	02 Nov 2007	£250,000	First Sale
127, AXIOM APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 71 Sq.mtrAge: 1983-1990	26 Oct 2007	£246,000	First Sale
120, AXIOM APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 68 Sq.mtrAge: 2003-2006	19 Oct 2007	£241,000	First Sale
122, AXIOM APARTMENTS MERCURY GARDENSFlat, Leasehold	13 Sep 2007	£297,000	First Sale
123, AXIOM APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 72 Sq.mtrAge: 2003-2006	27 Jul 2007	£246,000	First Sale
116, AXIOM APARTMENTS MERCURY GARDENSFlat, Leasehold	27 Jun 2007	£249,995	First Sale
117, AXIOM APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 63 Sq.mtrAge: 2007-2011	27 Jun 2007	£244,000	First Sale
126, AXIOM APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 68 Sq.mtrAge: 2003-2006	25 Jun 2007	£240,000	First Sale
112, AXIOM APARTMENTS MERCURY GARDENSFlat, LeaseholdArea: 70.56 Sq.mtrAge: 2007 onwards	20 Jun 2007	£246,000	First Sale

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

MERCURY GARDENS, RM1 3HJ Near By properties

Interactive Map

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

Flat
- The average price is around £188,235 median price is £181,826 Standard Deviation is £136,588 with Total Sold: 2,290
- The Last 5 Year average price is £252,354 with Total Sold: 286
- 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 £323,614 median price is £301,500 Standard Deviation is £179,228 with Total Sold: 479
- The Last 5 Year average price is £577,804 with Total Sold: 79
- 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 , 61 MASHITERS WALK: £110,000 (Sold on 20 Jan 1995)
Detached
- The average price is around £460,361 median price is £420,000 Standard Deviation is £251,722 with Total Sold: 295
- The Last 5 Year average price is £749,214 with Total Sold: 42
- 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 £238,918 median price is £210,000 Standard Deviation is £159,905 with Total Sold: 303
- The Last 5 Year average price is £458,833 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 , 3 AVELEY ROAD: £52,000 (Sold on 28 Apr 1995)
Other
- The average price is around £1,661,784 median price is £592,500 Standard Deviation is £3,022,069 with Total Sold: 132
- The Last 5 Year average price is £1,350,912 with Total Sold: 47
- 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	£227,864	£4,336	39
2022	£266,446	£5,751	80
2021	£258,057	£5,094	105
2020	£248,041	£5,160	37
2019	£259,015	£4,922	95
2018	£240,577	£4,116	73
2017	£257,244	£5,005	142
2016	£238,254	£4,922	181
2015	£264,925	£3,657	72
2014	£180,473	£3,119	95
2013	£153,225	£2,824	51
2012	£152,266	£2,545	44
2011	£152,329	£2,581	35
2010	£173,687	£2,695	74
2009	£156,809	£2,753	60
2008	£159,617	£2,815	82
2007	£199,473	£3,528	299
2006	£196,691	£3,466	93
2005	£150,343	£2,932	43
2004	£148,269	£2,726	64
2003	£146,757	£2,559	81
2002	£139,797	£2,582	107
2001	£113,427	£2,148	103
2000	£73,921	£1,373	39
1999	£65,637	£1,257	36
1998	£62,620	£1,207	43
1997	£54,032	£923	26
1996	£59,396	£979	45
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	£604,235	£5,606	17
2021	£554,529	£5,001	26
2020	£546,000	£5,049	17
2019	£582,143	£5,553	7
2018	£537,117	£4,693	15
2017	£436,150	£4,409	10
2016	£438,562	£4,471	16
2015	£369,889	£3,644	18
2014	£391,433	£3,258	15
2013	£345,400	£2,961	10
2012	£332,583	£3,081	12
2011	£265,580	£2,912	13
2010	£317,384	£3,264	11
2009	£291,187	£2,659	16
2008	£353,375	£2,953	12
2007	£338,636	£2,726	22
2006	£297,828	£2,602	20
2005	£288,000	£2,450	16
2004	£288,895	£2,603	24
2003	£261,143	£2,209	21
2002	£209,682	£2,087	21
2001	£163,125	£2,007	12
2000	£165,307	£1,208	13
1999	£126,928	£1,671	21
1998	£142,683	£1,253	19
1997	£114,845	£1,016	27
1996	£91,639	£845	17
1995	£88,292	£781	12

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£650,667	£4,462	3
2023	£770,889	£4,706	9
2022	£843,000	£4,967	9
2021	£753,071	£4,875	14
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	£411,000	£3,401	14
2003	£446,545	£2,287	11
2002	£352,153	£1,785	13
2001	£354,595	£2,001	27
2000	£295,612	£1,682	13
1999	£281,455	£1,537	33
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	£387,250		2
2023	£581,667	£5,696	6
2022	£567,438	£5,251	8
2021	£393,962	£4,413	13
2020	£396,900	£4,507	10
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	£219,250	£2,436	4
2011	£281,000	£2,393	2
2010	£232,374	£2,570	8
2009	£219,125	£3,651	8
2008	£308,167	£3,038	6
2007	£260,044	£2,560	17
2006	£223,208	£2,491	12
2005	£215,272	£2,267	9
2004	£320,208	£2,377	12
2003	£337,450	£1,855	10
2002	£155,547	£1,888	21
2001	£140,787	£1,631	21
2000	£119,778	£1,081	15
1999	£98,466	£1,158	15
1998	£90,499	£1,067	8
1997	£76,484	£855	20
1996	£83,017	£718	15
1995	£59,187	£711	8

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	£910,562	£8,423	16
2019	£1,765,826	£4,245	20
2018	£1,385,319	£11,846	19
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 3HJ area

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