£469,709
This estimated value is based upon the latest sale price for the house of £278,000 on 24 Apr 2013. 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 |
|---|---|
| £278,000 | 24 Apr 2013 |
| Semi-Detached |
| Freehold |
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 2013 the House Price Index for GREATER LONDON was 88.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.960%.Applying this 68.960% change to the original purchase price of £278,000 results in an estimated price of approximately £469,709.
| 24 Apr 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 149.7 | 68.960 % | £278,000 | £191,709 | £469,709 |
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 | 59.879 % | £166,462 | £444,462 |
| 3 Month Average | 101.145 % | £281,182 | £559,182 |
| 6 Month Average | 87.547 % | £243,381 | £521,381 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £538,549 | £522,000 | 27 ASHMOUR GARDENS |
| 23 Nov 2023 | £615,627 | £600,000 | 26A HAMILTON AVENUE |
| 7 Nov 2023 | £548,934 | £535,000 | 15 ASHMOUR GARDENS |
| 27 Mar 2023 | £442,388 | £435,000 | 5 ASHMOUR GARDENS |
| 3 Feb 2023 | £634,237 | £630,000 | 1 ASHMOUR GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Ashmour Gardens | |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Ashmour Gardens |
| Sep 2024 | Drugs | Under investigation | On or near Petrol Station |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Priests Avenue |