£302,703
This estimated value is based upon the latest sale price for the house of £245,000 on 4 Nov 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 |
|---|---|
| £245,000 | 4 Nov 2019 |
| £265,000 | 15 Sep 2017 |
| £160,000 | 19 Apr 2012 |
| £155,000 | 27 Nov 2009 |
| £67,000 | 11 Nov 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 33 sq meters or 363 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 November 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £245,000 results in an estimated price of approximately £302,703.
| 4 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £245,000 | £57,703 | £302,703 |
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 | 52.076 % | £127,586 | £372,586 |
| 3 Month Average | 31.399 % | £76,927 | £321,927 |
| 6 Month Average | 23.698 % | £58,059 | £303,059 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £629,338 | £610,000 | 54 FELSTEAD ROAD |
| 17 Nov 2023 | £548,934 | £535,000 | 114 CHASE CROSS ROAD |
| 3 Nov 2023 | £430,939 | £420,000 | 114A CHASE CROSS ROAD |
| 21 Apr 2023 | £524,816 | £515,000 | 134 CHASE CROSS ROAD |
| 17 Apr 2023 | £422,910 | £415,000 | 136 CHASE CROSS ROAD |
This house has a floor area of 33 sq meters or 363 sq feet when measured on 5 Nov 2011. Using an estimated price of £302,703 means this house is valued at £8,961 per sq meter (£832 per sq foot).
The average size of a house on CHASE CROSS ROAD is 97 sq meters (1,051 sq feet).
This house is the smallest in the street with a floor area of 33 sq meters (363 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Berkeley Avenue |
| Apr 2024 | Burglary | Under investigation | On or near Sunny Mews |
| Apr 2024 | Public order | Under investigation | On or near Chase Cross Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Ascension Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Ascension Road |