121 Pettits Lane

    121, PETTITS LANE, ROMFORD, RM1 4EJ

    This detached freehold property on Pettits Lane last sold in August 2013 for £725,000. Based on price growth in the RM1 district since then, its estimated current value is £1,254,185 — placing it in the 97th percentile nationally and the 100th percentile within RM1. The property covers 260 m² (2,799 sq ft), giving an estimated value of £4,824 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,799 sq ft

    260 m²

    Last Sale Price

    £725,000

    Aug 2013

    Estimated Valuation

    £1,254,185

    Est. £/sq ft

    £448/sq ft

    £4,824/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2007 onwards
    Habitable rooms9
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area2,799 sq ft (260 m²)
    EPC dateOct 2012
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Aug 2013

    £725,000

    4 Nov 2009

    £250,000

    25 Feb 1999

    £140,000

    Key Metrics

    Estimated valuation£1,254,185
    Value per sq ft / m²£448/sq ft (£4,824/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile100th percentile
    National percentile97th percentile

    District Context — RM1

    RM1 covers Romford and surrounding areas in East London, positioned in the east of the capital. It is a diverse, mixed-tenure neighbourhood with strong demand from families and commuters seeking affordable space within reach of London.

    Average Property Price - RM1

    £442,446

    73

    National percentile

    Average Net Household Income - RM1

    £47,792

    83

    National percentile

    10-Year Annualised Price Growth - RM1

    4.2%

    72

    National percentile

    10-Year Annualised Rent Growth - RM

    4.4%

    80

    National percentile

    View full analysis for RM1

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