227 Pettits Lane North

    227, PETTITS LANE NORTH, ROMFORD, RM1 4NU

    This flat/maisonette leasehold property on Pettits Lane North last sold in January 2014 for £176,000. Based on price growth in the RM1 district since then, its estimated current value is £223,494 — placing it in the 31st percentile nationally and the 19th percentile within RM1. The property covers 92 m² (990 sq ft), giving an estimated value of £2,429 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    990 sq ft

    92 m²

    Last Sale Price

    £176,000

    Jan 2014

    Estimated Valuation

    £223,494

    Est. £/sq ft

    £226/sq ft

    £2,429/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms5
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area990 sq ft (92 m²)
    EPC dateJun 2021
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    16 Jan 2014

    £176,000

    31 Oct 1995

    £46,000

    Key Metrics

    Estimated valuation£223,494
    Value per sq ft / m²£226/sq ft (£2,429/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile19th percentile
    National percentile31st 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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