£209,814
This estimated value is based upon the latest sale price for the house of £41,500 on 30 Jun 1997. 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 |
|---|---|
| £41,500 | 30 Jun 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 512 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 June 1997 the House Price Index for GREATER LONDON was 29.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 405.578%.Applying this 405.578% change to the original purchase price of £41,500 results in an estimated price of approximately £209,814.
| 30 Jun 1997 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.0 | 146.7 | 405.578 % | £41,500 | £168,314 | £209,814 |
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 | 49.804 % | £20,668 | £62,168 |
| 3 Month Average | 378.971 % | £157,272 | £198,772 |
| 6 Month Average | 356.126 % | £147,792 | £189,292 |
This house has a floor area of 47 sq meters or 512 sq feet when measured on 14 Apr 2009.
The average size of a house on PORTNOI CLOSE is 79 sq meters (853 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Mashiters Hill |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Heather Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Heather Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Priests Avenue |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Priests Avenue |