£455,217
This estimated value is based upon the latest sale price for the house of £285,000 on 15 Jan 2014. 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 |
---|---|
£285,000 | 15 Jan 2014 |
Semi-Detached |
Freehold |
Floor Area: 103 sq meters or 1,108 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 January 2014 the House Price Index for GREATER LONDON was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £285,000 results in an estimated price of approximately £455,217.
15 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.0 | 148.6 | 59.725 % | £285,000 | £170,217 | £455,217 |
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 | 88.374 % | £251,865 | £536,865 |
3 Month Average | 67.879 % | £193,453 | £478,453 |
6 Month Average | 72.373 % | £206,262 | £491,262 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £620,863 | £610,000 | 54 FELSTEAD ROAD |
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 |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 11 Jul 2013. Using an estimated price of £455,217 means this house is valued at £4,419 per sq meter (£410 per sq foot).
The average size of a house on CHASE CROSS ROAD is 97 sq meters (1,051 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 |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sunny Mews |
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 |