£248,303
This estimated value is based upon the latest sale price for the house of £150,000 on 15 Dec 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There have been three burglaries within the last year on or near Petrol Station
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221 Pettits Lane North, Romford, RM1 4NU
Phone: 01708629337
Price Paid | Date |
---|---|
£150,000 | 15 Dec 2006 |
£150,000 | 15 Dec 2006 |
£103,000 | 15 Nov 2002 |
£39,895 | 17 Jan 1997 |
Terraced |
Freehold |
Floor Area: 59 sq meters or 635 sq feet |
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 December 2006 the House Price Index for GREATER LONDON was 89.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.536%.Applying this 65.536% change to the original purchase price of £150,000 results in an estimated price of approximately £248,303.
15 Dec 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.8 | 148.6 | 65.536 % | £150,000 | £98,303 | £248,303 |
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 | -37.831 % | £-56,745 | £93,254 |
3 Month Average | 98.024 % | £147,036 | £297,036 |
6 Month Average | 88.643 % | £132,964 | £282,964 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Mar 2023 | £272,568 | £270,000 | 38 ASHMOUR GARDENS |
18 Nov 2022 | £479,196 | £485,000 | 103 PARKSIDE AVENUE |
29 Sep 2022 | £605,113 | £610,000 | 11 HAMILTON AVENUE |
24 Jun 2022 | £149,614 | £147,500 | 45 EASTERN AVENUE EAST |
30 May 2022 | £499,410 | £490,000 | 53 EASTERN AVENUE EAST |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 8 Apr 2017. Using an estimated price of £248,303 means this house is valued at £4,208 per sq meter (£390 per sq foot).
The average size of a house on EASTERN AVENUE EAST is 89 sq meters (965 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Petrol Station |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Petrol Station |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Petrol Station |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Petrol Station |
Dec 2023 | Public order | Under investigation | On or near Ashmour Gardens |