£470,502
This estimated value is based upon the latest sale price for the house of £275,000 on 9 Jun 2011. 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 |
|---|---|
| £275,000 | 9 Jun 2011 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 614 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 June 2011 the House Price Index for GREATER LONDON was 85.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 71.092%.Applying this 71.092% change to the original purchase price of £275,000 results in an estimated price of approximately £470,502.
| 9 Jun 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 146.7 | 71.092 % | £275,000 | £195,502 | £470,502 |
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 | -32.935 % | £-90,572 | £184,427 |
| 3 Month Average | 92.283 % | £253,779 | £528,779 |
| 6 Month Average | 97.856 % | £269,105 | £544,105 |
This house has a floor area of 57 sq meters or 614 sq feet when measured on 20 Oct 2010.
The average size of a house on MASHITERS WALK is 121 sq meters (1,308 sq feet).
This house is the smallest in the street with a floor area of 57 sq meters (614 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Havering Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Havering Drive |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Dickens Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Caxton Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Caxton Way |