£443,162
This estimated value is based upon the latest sale price for the house of £375,000 on 23 Oct 2020. 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 |
|---|---|
| £375,000 | 23 Oct 2020 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 October 2020 the House Price Index for GREATER LONDON was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £375,000 results in an estimated price of approximately £443,162.
| 23 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £375,000 | £68,162 | £443,162 |
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 | 26.872 % | £100,771 | £475,771 |
| 3 Month Average | 18.788 % | £70,453 | £445,453 |
| 6 Month Average | 8.996 % | £33,734 | £408,734 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £541,239 | £527,500 | 40 FONTAYNE AVENUE |
| 6 Nov 2023 | £446,330 | £435,000 | 95 DORSET AVENUE |
| 5 Sep 2023 | £536,834 | £525,000 | 104 DORSET AVENUE |
| 25 Aug 2023 | £590,653 | £580,000 | 112 DORSET AVENUE |
| 5 Jan 2023 | £486,299 | £485,000 | 87 DORSET AVENUE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 6 Jul 2020. Using an estimated price of £443,163 means this house is valued at £5,681 per sq meter (£527 per sq foot).
The average size of a house on MCINTOSH ROAD is 102 sq meters (1,098 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fir Tree Close |
| Oct 2024 | Public order | Under investigation | On or near Fontayne Avenue |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parkside Avenue |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Parkside Avenue |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Parkside Avenue |