£563,569
This estimated value is based upon the latest sale price for the house of £453,500 on 17 Dec 2018. 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 |
---|---|
£453,500 | 17 Dec 2018 |
£123,000 | 15 Oct 1999 |
Semi-Detached |
Freehold |
Floor Area: 134 sq meters or 1,442 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 2018 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £453,500 results in an estimated price of approximately £563,569.
17 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.271 % | £453,500 | £110,069 | £563,569 |
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 | -20.940 % | £-94,964 | £358,535 |
3 Month Average | 40.688 % | £184,522 | £638,022 |
6 Month Average | 20.013 % | £90,759 | £544,259 |
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 134 sq meters or 1,442 sq feet when measured on 16 Aug 2018. Using an estimated price of £563,569 means this house is valued at £4,205 per sq meter (£390 per sq foot).
The average size of a house on HEATHER WAY is 91 sq meters (983 sq feet).
This house is the largest in the street with a floor area of 134 sq meters (1,442 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Under investigation | On or near Heather Close |
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Heather Avenue |
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 |
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wood View Mews |