72, Pettits Lane
72, Pettits Lane
Description & Estimates
72, Pettits Lane, Romford is recorded publicly as an early-century freehold house across 3,250 ft2 of internal area.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 72, Pettits Lane, Romford is £1,097,979 and its rental estimate is £4,844 per month, given the available information and assuming reasonable condition.
Pettits Lane, Romford, RM1 falls within the RM1 postal district, in the borough of Havering.
Our Data Sources
72, Pettits Lane, Romford has a single entry in the Land Registry from September 2022 and a single entry in the EPC database dated February 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 72, Pettits Lane, Romford, we estimate a market value of £1,152,878 and a rental value of £5,086 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,021,120 and £4,505 per month respectively.
Recent Market Change
Over the last year, 72, Pettits Lane, Romford has seen its estimated sale value drop by £5,532 (0.5%) and its estimated rental value rise by £70 per month (1.4%). This results in an estimated gross rental yield of 5.3%.
Energy Efficiency
72, Pettits Lane, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Feb 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 72, Pettits Lane, Romford completed on 21st September 2022 at £1,073,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 15.1% over the period since September 2022.
- Sold Sep 2022£1,073,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 72, Pettits Lane, Romford have sold within a radius of 680 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th November 2024, was 23, Oaklands Avenue, Romford, RM1 4DB, a freehold house which sold for £925,000.
Read more about house prices in RM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 188 addresses on Pettits Lane, Romford, RM1, 72, Pettits Lane, Romford comes out as the 3rd largest and the most expensive in our analysis of the public data.
It is also £680k more expensive than the average property across the RM1 district.
More reading links
Schools Nearby
- 500mSt Edward's Church of England Voluntary Aided Primary School
- 500mSt Peter's Catholic Primary School
- 600mGidea Park Primary School
- 400mMarshalls Park Academy
- 1.7kmThe Royal Liberty School
- 1.7kmThe Frances Bardsley Academy for Girls
More reading links
Public Transport Nearby
From 72, Pettits Lane, Romford, the nearest station is Romford, 1.3 kilometres away.
- 1.3kmRomford
- 1.5kmGidea Park
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
