£578,964
This estimated value is based upon the latest sale price for the house of £485,000 on 23 Jul 2020. 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 |
|---|---|
| £485,000 | 23 Jul 2020 |
| £354,000 | 27 Jun 2014 |
| £215,500 | 27 Apr 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 833 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 July 2020 the House Price Index for GREATER LONDON was 122.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 19.374%.Applying this 19.374% change to the original purchase price of £485,000 results in an estimated price of approximately £578,964.
| 23 Jul 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 146.7 | 19.374 % | £485,000 | £93,964 | £578,964 |
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 | -54.125 % | £-262,506 | £222,493 |
| 3 Month Average | 15.849 % | £76,867 | £561,867 |
| 6 Month Average | 4.332 % | £21,012 | £506,012 |
This house has a floor area of 77 sq meters or 833 sq feet when measured on 26 Oct 2011.
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 Heather Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wood View Mews |
| Jan 2024 | Possession of weapons | Awaiting court outcome | On or near Wood View Mews |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wood View Mews |
| Dec 2023 | Vehicle crime | Under investigation | On or near Wood View Mews |