According to the public record, 204, Pettits Lane North, Romford is a early-century freehold house with 871 ft2 of internal area and sits on a 458 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Pettits Lane North, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
204, Pettits Lane North, Romford has 2 entries in the Land Registry database, most recently in December 2020 and a single entry in the EPC database dated March 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 204 Pettits Lane North Romford as £473,623 and the rental value as £2,163 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 204 Pettits Lane North Romford has decreased by £4,422 (0.9%) and its rental value has increased by £120 per month (5.6%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 204, Pettits Lane North, Romford is in very good condition we estimate a sale value of £497,304 and rental value of £2,271 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £440,469 and a rental value of £2,012 per month.
If you were able to purchase this property for the estimated value of £473,623, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,328 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 204, Pettits Lane North, Romford sits on a plot of 458m2.
We have plot size data on 16 out of 25 other houses in the postcode and 204, Pettits Lane North, Romford sits on the 8th largest plot.
According to HM Land Registry, 204, Pettits Lane North, Romford was last sold on 14 Dec 2020 for £430,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2020, the market for similar properties has risen 8.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 204, Pettits Lane North, Romford within a radius of 570 metres over the last 2 years.
The most recent example is 14, Beauly Way, Romford, RM1 4XD, a Freehold house which sold for £475,000 in Dec 2023.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pettits Lane North, Romford, RM1 has a total of 127 addresses. According to our analysis of all the public data, 204, Pettits Lane North, Romford is the 92nd largest and the 48th most expensive property on the street.
When compared to the postcode district it is £80k more expensive than the average property in RM1.
204, Pettits Lane North, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Mar 2013.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 204, Pettits Lane North, Romford is Romford station which is 2.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 204, Pettits Lane North, Romford, 34.9% of property is privately owned outright and 31.0% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 204, Pettits Lane North, Romford, 23.9% of residents are recorded as possessing school level qualifications and 22.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 204, Pettits Lane North, Romford, the average age was 44 and the most common age was 57.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 204, Pettits Lane North, Romford, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 204, Pettits Lane North, Romford, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.