£533,909
This estimated value is based upon the latest sale price for the house of £520,000 on 9 May 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
221 Pettits Lane North, Romford, RM1 4NU
Phone: 01708629337
| Price Paid | Date |
|---|---|
| £520,000 | 9 May 2022 |
| £164,000 | 6 Oct 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 2022 the House Price Index for GREATER LONDON was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £520,000 results in an estimated price of approximately £533,909.
| 9 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £520,000 | £13,909 | £533,909 |
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 | 9.416 % | £48,963 | £568,963 |
| 3 Month Average | 3.583 % | £18,629 | £538,629 |
| 6 Month Average | -1.613 % | £-8,387 | £511,612 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £410,565 | £407,000 | 120 EASTERN AVENUE EAST |
| 28 Apr 2023 | £305,718 | £300,000 | 69 EASTERN AVENUE EAST |
| 30 Mar 2023 | £274,586 | £270,000 | 38 ASHMOUR GARDENS |
| 18 Nov 2022 | £482,743 | £485,000 | 103 PARKSIDE AVENUE |
| 29 Sep 2022 | £609,593 | £610,000 | 11 HAMILTON AVENUE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 14 Oct 2021. Using an estimated price of £533,909 means this house is valued at £5,133 per sq meter (£476 per sq foot).
The average size of a house on ASHMOUR GARDENS is 104 sq meters (1,127 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Robbery | Under investigation | On or near Ashmour Gardens |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashmour Gardens |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ashmour Gardens |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashmour Gardens |
| Sep 2024 | Drugs | Under investigation | On or near Petrol Station |