£594,766
This estimated value is based upon the latest sale price for the house of £485,000 on 31 Oct 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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27 Gobions Avenue, Romford, RM5 3SS
Phone: 01708954923
| Price Paid | Date |
|---|---|
| £485,000 | 31 Oct 2019 |
| £195,000 | 15 Sep 2006 |
| Terraced |
| Freehold |
| Floor Area: 136 sq meters or 1,471 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in October 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £485,000 results in an estimated price of approximately £594,766.
| 31 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £485,000 | £109,766 | £594,766 |
The Postcode Pricing Model uses changes in average sales price within the RM5 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 22.444 % | £108,853 | £593,853 |
| 3 Month Average | 14.303 % | £69,367 | £554,367 |
| 6 Month Average | 20.166 % | £97,804 | £582,804 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £543,040 | £535,000 | 114 CHASE CROSS ROAD |
| 3 Nov 2023 | £426,312 | £420,000 | 114A CHASE CROSS ROAD |
| 21 Apr 2023 | £520,605 | £515,000 | 134 CHASE CROSS ROAD |
| 17 Apr 2023 | £419,517 | £415,000 | 136 CHASE CROSS ROAD |
| 28 Jan 2022 | £452,535 | £430,000 | 111 LAWNS WAY |
This house has a floor area of 136 sq meters or 1,471 sq feet when measured on 16 Dec 2010. Using an estimated price of £594,767 means this house is valued at £4,351 per sq meter (£404 per sq foot).
The average size of a house on BERKELEY AVENUE is 98 sq meters (1,062 sq feet).
This house is the largest in the street with a floor area of 136 sq meters (1,471 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Berkeley Avenue |
| Apr 2024 | Public order | Under investigation | On or near Cardiff Close |
| Feb 2024 | Anti-social behaviour | On or near Cardiff Close | |
| Apr 2024 | Public order | Under investigation | On or near Chase Cross Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Chase Cross Road |