£273,097
This estimated value is based upon the latest sale price for the house of £230,000 on 25 Sep 2020. 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 |
|---|---|
| £230,000 | 25 Sep 2020 |
| £28,500 | 13 Apr 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 September 2020 the House Price Index for GREATER LONDON was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £230,000 results in an estimated price of approximately £273,097.
| 25 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £230,000 | £43,097 | £273,097 |
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 | 29.497 % | £67,842 | £297,842 |
| 3 Month Average | 8.942 % | £20,566 | £250,566 |
| 6 Month Average | 11.982 % | £27,559 | £257,559 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £482,138 | £475,000 | 11 HILLFOOT ROAD |
| 25 Aug 2023 | £448,927 | £445,000 | 56 HILLFOOT ROAD |
| 25 Aug 2023 | £211,853 | £210,000 | FLAT 4 HILLCREST COURT HORNDON ROAD |
| 13 Jul 2023 | £430,798 | £425,000 | 51 HORNDON ROAD |
| 1 Mar 2023 | £413,899 | £410,000 | 71 HILLFOOT ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 28 Sep 2013. Using an estimated price of £273,098 means this house is valued at £4,137 per sq meter (£384 per sq foot).
The average size of a house on HORNDON GREEN is 110 sq meters (1,189 sq feet).
This house is the smallest in the street with a floor area of 66 sq meters (710 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Horndon Road |
| Jan 2024 | Drugs | Local resolution | On or near Mowbrays Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Ferndale Road |