£469,404
This estimated value is based upon the latest sale price for the house of £437,500 on 25 Jun 2021. 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 |
|---|---|
| £437,500 | 25 Jun 2021 |
| £375,000 | 27 Sep 2017 |
| £245,000 | 27 Aug 2013 |
| £237,995 | 7 Oct 2005 |
| £69,274 | 29 May 2002 |
| £88,000 | 10 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 2021 the House Price Index for GREATER LONDON was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £437,500 results in an estimated price of approximately £469,404.
| 25 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £437,500 | £31,904 | £469,404 |
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 | -66.141 % | £-289,365 | £148,134 |
| 3 Month Average | 9.138 % | £39,979 | £477,479 |
| 6 Month Average | 4.898 % | £21,429 | £458,929 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £501,411 | £495,000 | 54 GARRY WAY |
| 5 Jun 2023 | £478,294 | £472,500 | 24 GARRY WAY |
| 5 Apr 2023 | £596,422 | £590,000 | 4 GARRY WAY |
| 27 Feb 2023 | £564,620 | £565,000 | 9 SEAFORTH CLOSE |
| 8 Feb 2023 | £674,546 | £675,000 | 24 HELMSDALE CLOSE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 18 Apr 2017. Using an estimated price of £469,404 means this house is valued at £4,081 per sq meter (£379 per sq foot).
The average size of a house on ISBELL GARDENS is 128 sq meters (1,377 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Isbell Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Isbell Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Isbell Gardens | |
| Dec 2023 | Burglary | Under investigation | On or near Garry Close |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Garry Close |