£412,183
This estimated value is based upon the latest sale price for the house of £222,000 on 12 Mar 2009. 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 |
---|---|
£222,000 | 12 Mar 2009 |
Semi-Detached |
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 March 2009 the House Price Index for GREATER LONDON was 80.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 85.668%.Applying this 85.668% change to the original purchase price of £222,000 results in an estimated price of approximately £412,183.
12 Mar 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.0 | 148.6 | 85.668 % | £222,000 | £190,183 | £412,183 |
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 | -30.187 % | £-67,015 | £154,984 |
3 Month Average | 127.953 % | £284,054 | £506,054 |
6 Month Average | 111.690 % | £247,951 | £469,951 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £450,456 | £445,000 | 8 GREENOCK WAY |
23 Jun 2023 | £506,131 | £500,000 | 12 GREENOCK WAY |
27 Feb 2023 | £564,620 | £565,000 | 9 SEAFORTH CLOSE |
10 Feb 2023 | £549,630 | £550,000 | 50 HELMSDALE ROAD |
8 Feb 2023 | £674,546 | £675,000 | 24 HELMSDALE CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nevis Close |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Nevis Close |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Risebridge Chase |
Dec 2023 | Anti-social behaviour | On or near Risebridge Chase | |
Dec 2023 | Anti-social behaviour | On or near Risebridge Chase |