£427,000
This estimated value is based upon the latest sale price for the house of £427,000 on 10 May 2024. 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 |
|---|---|
| £427,000 | 10 May 2024 |
| £330,000 | 13 Jun 2016 |
| Freehold |
| Floor Area: 83 sq meters or 893 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 2024 the House Price Index for GREATER LONDON was 149.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.000%.Applying this 0.000% change to the original purchase price of £427,000 results in an estimated price of approximately £427,000.
| 10 May 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.7 | 149.7 | 0.000 % | £427,000 | £0 | £427,000 |
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 | 45.389 % | £193,812 | £620,812 |
| 3 Month Average | 13.214 % | £56,425 | £483,425 |
| 6 Month Average | -3.055 % | £-13,044 | £413,955 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £432,806 | £425,000 | 47 HEATHER GARDENS |
| 9 Jun 2023 | £433,691 | £425,000 | 49 HEATHER GARDENS |
| 5 Jun 2023 | £474,509 | £465,000 | 51 HEATHER GARDENS |
| 3 Apr 2023 | £443,291 | £435,000 | 6 HEATHER WAY |
| 30 Mar 2023 | £432,218 | £425,000 | 62 HEATHER WAY |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 7 Mar 2016.
The average size of a house on HEATHER WAY is 91 sq meters (983 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Heather Close |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Heather Gardens |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Heather Gardens |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wood View Mews |
| Sep 2024 | Other crime | Investigation complete; no suspect identified | On or near Wood View Mews |