£482,031
This estimated value is based upon the latest sale price for the house of £395,000 on 28 May 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There have been two burglaries within the last year on or near Garry Close
More crime details
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221 Pettits Lane North, Romford, RM1 4NU
Phone: 01708629337
| Price Paid | Date |
|---|---|
| £395,000 | 28 May 2019 |
| £163,000 | 17 Aug 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 May 2019 the House Price Index for GREATER LONDON was 120.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.033%.Applying this 22.033% change to the original purchase price of £395,000 results in an estimated price of approximately £482,031.
| 28 May 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 146.7 | 22.033 % | £395,000 | £87,031 | £482,031 |
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 | -63.871 % | £-252,291 | £142,708 |
| 3 Month Average | 7.502 % | £29,632 | £424,632 |
| 6 Month Average | 12.872 % | £50,844 | £445,844 |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 27 Mar 2018.
The average size of a house on SPEY WAY is 110 sq meters (1,188 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Garry Close |
| Dec 2023 | Burglary | Under investigation | On or near Garry Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Moray Close |
| Jan 2024 | Other theft | Under investigation | On or near Garry Way |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Garry Way |