£591,227
This estimated value is based upon the latest sale price for the house of £173,000 on 27 Apr 2001. 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 |
|---|---|
| £173,000 | 27 Apr 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 2001 the House Price Index for GREATER LONDON was 42.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 241.750%.Applying this 241.750% change to the original purchase price of £173,000 results in an estimated price of approximately £591,227.
| 27 Apr 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.9 | 146.7 | 241.750 % | £173,000 | £418,227 | £591,227 |
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 | 22.413 % | £38,774 | £211,774 |
| 3 Month Average | 233.707 % | £404,312 | £577,312 |
| 6 Month Average | 225.529 % | £390,164 | £563,164 |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 12 Mar 2016.
The average size of a house on HEATHER DRIVE is 89 sq meters (962 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Heather Gardens |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Heather Glen |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Heather Gardens |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Fairoak Gardens |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Fairoak Gardens |