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According to the public record, 121, Pettits Lane, Romford is a modern freehold house with 2,798 ft2 of internal area and sits on a 601 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 121, Pettits Lane, Romford is £1,092,226 and the estimated rental value is £4,796 per month.
Pettits Lane, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
121, Pettits Lane, Romford has 31 entries in the Land Registry , most recently in August 2013 and a single entry in the EPC database dated October 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 121, Pettits Lane, Romford is in very good condition we estimate a sale value of £1,146,837 and a rental value of £5,036 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,015,770 and a rental value of £4,460 per month.
Over the last 12 months the sale value of 121 Pettits Lane Romford has decreased by an estimated £5,503 (0.5%) and its rental value has increased by an estimated £69 per month (1.4%), giving an expected gross yield of 5.3%.
According to data from HM Land Registry, 121, Pettits Lane, Romford sits on a plot of 601m2.
We have plot size data on 25 out of 25 other houses in the postcode and 121, Pettits Lane, Romford sits on the 11th largest plot.
121, Pettits Lane, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Oct 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 121, Pettits Lane, Romford was last sold on 1st August 2013 for £725,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since August 2013, the market for similar properties has risen 44.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 121, Pettits Lane, Romford within a radius of 640 metres over the last 2 years.
The most recent example is 20, Dickens Way, Romford, RM1 4GQ, a freehold house which sold for £1,150,000 on the 12th July 2022.
Read more about house prices in RM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pettits Lane, Romford, RM1 has a total of 188 addresses. According to our analysis of all the public data, 121, Pettits Lane, Romford is the 5th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £674k more expensive than the average property in RM1.
The closest station to 121, Pettits Lane, Romford is Romford station which is 1.5 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 121, Pettits Lane, Romford, 46.2% of property is privately owned with a mortgage and 40.2% is privately owned outright.
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 121, Pettits Lane, Romford, 17.6% of residents are recorded as possessing school level qualifications and 35.2% 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 121, Pettits Lane, 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 121, Pettits Lane, Romford, 1.2% 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 121, Pettits Lane, Romford, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
