£529,124
This estimated value is based upon the latest sale price for the house of £432,500 on 20 Jul 2018. 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 |
|---|---|
| £432,500 | 20 Jul 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 2018 the House Price Index for GREATER LONDON was 119.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.341%.Applying this 22.341% change to the original purchase price of £432,500 results in an estimated price of approximately £529,124.
| 20 Jul 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 146.7 | 22.341 % | £432,500 | £96,624 | £529,124 |
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 | -39.353 % | £-170,203 | £262,296 |
| 3 Month Average | 65.106 % | £281,583 | £714,083 |
| 6 Month Average | 26.893 % | £116,314 | £548,814 |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 19 Mar 2018.
The average size of a house on PRIESTS AVENUE is 112 sq meters (1,209 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Priests Avenue |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Priests Avenue |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Priests Avenue |
| Dec 2023 | Public order | Under investigation | On or near Ashmour Gardens |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Mashiters Hill |