£546,355
This estimated value is based upon the latest sale price for the house of £350,000 on 3 Sep 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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221 Pettits Lane North, Romford, RM1 4NU
Phone: 01708629337
Price Paid | Date |
---|---|
£350,000 | 3 Sep 2007 |
£205,000 | 20 Nov 2000 |
Flats/Maisonettes |
Freehold |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in September 2007 the House Price Index for GREATER LONDON was 95.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.101%.Applying this 56.101% change to the original purchase price of £350,000 results in an estimated price of approximately £546,355.
3 Sep 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.2 | 148.6 | 56.101 % | £350,000 | £196,355 | £546,355 |
The Postcode Pricing Model uses changes in average sales price within the RM1 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | -48.572 % | £-170,002 | £179,997 |
3 Month Average | 64.561 % | £225,962 | £575,962 |
6 Month Average | 75.096 % | £262,836 | £612,836 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £549,616 | £540,000 | 60 AYR WAY |
29 Nov 2023 | £634,392 | £625,000 | 36 AYR WAY |
6 Mar 2023 | £494,660 | £490,000 | 49 CLYDE WAY |
6 Feb 2023 | £629,576 | £630,000 | 41 CLYDE WAY |
17 Jun 2022 | £593,386 | £585,000 | 13 MORAY CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Esk Way |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Moray Close |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Ayr Way |
Jan 2024 | Other theft | Under investigation | On or near Garry Way |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Garry Way |