£305,306
This estimated value is based upon the latest sale price for the house of £167,500 on 23 Jul 2009. 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 |
---|---|
£167,500 | 23 Jul 2009 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 775 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 July 2009 the House Price Index for GREATER LONDON was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.273%.Applying this 82.273% change to the original purchase price of £167,500 results in an estimated price of approximately £305,306.
23 Jul 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.5 | 148.6 | 82.273 % | £167,500 | £137,806 | £305,306 |
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 | 129.738 % | £217,311 | £384,811 |
3 Month Average | 100.315 % | £168,028 | £335,528 |
6 Month Average | 103.555 % | £173,454 | £340,954 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Nov 2023 | £456,762 | £450,000 | 274 HAVERING ROAD |
25 Aug 2023 | £453,971 | £450,000 | 257 HAVERING ROAD |
23 Jun 2023 | £430,211 | £425,000 | 89 MASHITERS HILL |
14 Apr 2023 | £576,204 | £570,000 | 56 FAIRCROSS AVENUE |
15 Sep 2022 | £404,732 | £408,000 | 87 MASHITERS HILL |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 5 Jun 2009. Using an estimated price of £305,307 means this house is valued at £4,240 per sq meter (£393 per sq foot).
The average size of a house on BARTLOW GARDENS is 91 sq meters (989 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Under investigation | On or near Bartlow Gardens |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wallace Way |
Jan 2024 | Burglary | Under investigation | On or near Wallace Way |
Feb 2024 | Anti-social behaviour | On or near The Drive | |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Drive |