£490,811
This estimated value is based upon the latest sale price for the house of £137,995 on 21 Dec 2000. 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 |
|---|---|
| £137,995 | 21 Dec 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 December 2000 the House Price Index for GREATER LONDON was 41.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 255.673%.Applying this 255.673% change to the original purchase price of £137,995 results in an estimated price of approximately £490,811.
| 21 Dec 2000 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.2 | 146.7 | 255.673 % | £137,995 | £352,816 | £490,811 |
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 | -11.414 % | £-15,750 | £122,244 |
| 3 Month Average | 219.767 % | £303,267 | £441,262 |
| 6 Month Average | 231.712 % | £319,750 | £457,745 |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 23 Aug 2014.
The average size of a house on HEATHER AVENUE is 102 sq meters (1,100 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 | Other theft | Investigation complete; no suspect identified | On or near Heather Glen |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Heather Way |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Heather Way |