£480,048
This estimated value is based upon the latest sale price for the house of £285,000 on 27 Apr 2012. 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 |
|---|---|
| £285,000 | 27 Apr 2012 |
| £265,000 | 18 May 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,096 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 April 2012 the House Price Index for GREATER LONDON was 87.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.438%.Applying this 68.438% change to the original purchase price of £285,000 results in an estimated price of approximately £480,048.
| 27 Apr 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 146.7 | 68.438 % | £285,000 | £195,048 | £480,048 |
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 | -34.836 % | £-99,282 | £185,717 |
| 3 Month Average | 79.979 % | £227,939 | £512,939 |
| 6 Month Average | 79.337 % | £226,110 | £511,110 |
This house has a floor area of 101 sq meters or 1,096 sq feet when measured on 26 Feb 2010.
The average size of a house on HAVERING ROAD is 95 sq meters (1,031 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Mashiters Hill |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Takeley Close |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Takeley Close |
| Jan 2024 | Anti-social behaviour | On or near Saffron Road | |
| Jan 2024 | Anti-social behaviour | On or near Saffron Road |