£810,855
This estimated value is based upon the latest sale price for the house of £645,000 on 15 Dec 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Millbrook Gardens
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221 Pettits Lane North, Romford, RM1 4NU
Phone: 01708629337
| Price Paid | Date |
|---|---|
| £645,000 | 15 Dec 2017 |
| £342,500 | 2 Aug 2004 |
| Detached |
| Freehold |
| Floor Area: 158 sq meters or 1,700 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 December 2017 the House Price Index for GREATER LONDON was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £645,000 results in an estimated price of approximately £810,855.
| 15 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £645,000 | £165,855 | £810,855 |
The Postcode Pricing Model uses changes in average sales price within the RM2 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 | 10.738 % | £69,260 | £714,260 |
| 3 Month Average | 5.382 % | £34,713 | £679,713 |
| 6 Month Average | 1.086 % | £7,007 | £652,007 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £694,345 | £685,000 | 9 NETHERPARK DRIVE |
| 22 Jul 2022 | £817,200 | £815,000 | 12 PARK BOULEVARD |
| 14 Jun 2022 | £562,956 | £555,000 | 31 MILLBROOK GARDENS |
| 18 May 2022 | £749,115 | £735,000 | 21 ROSLYN GARDENS |
| 6 Dec 2021 | £482,120 | £450,000 | 22 MILLBROOK GARDENS |
This house has a floor area of 158 sq meters or 1,700 sq feet when measured on 27 Apr 2017. Using an estimated price of £810,856 means this house is valued at £5,132 per sq meter (£476 per sq foot).
The average size of a house on NETHERPARK DRIVE is 140 sq meters (1,515 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near Millbrook Gardens |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Millbrook Gardens |