£371,500
This estimated value is based upon the latest sale price for the house of £250,000 on 30 Jan 2015. 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 |
---|---|
£250,000 | 30 Jan 2015 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 796 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 2015 the House Price Index for GREATER LONDON was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £250,000 results in an estimated price of approximately £371,500.
30 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.0 | 148.6 | 48.600 % | £250,000 | £121,500 | £371,500 |
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 | 69.398 % | £173,496 | £423,496 |
3 Month Average | 42.806 % | £107,014 | £357,014 |
6 Month Average | 51.161 % | £127,901 | £377,901 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Jun 2023 | £374,537 | £370,000 | 135 HILLRISE ROAD |
27 Apr 2022 | £238,656 | £231,750 | 142 HIGHFIELD ROAD |
26 Apr 2022 | £432,516 | £420,000 | 175 HIGHFIELD ROAD |
12 Nov 2021 | £376,367 | £348,000 | 83 HIGHFIELD ROAD |
29 Oct 2021 | £399,439 | £361,000 | 72 HILLRISE ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 9 Oct 2014. Using an estimated price of £371,500 means this house is valued at £5,020 per sq meter (£466 per sq foot).
The average size of a house on HENDON GARDENS is 88 sq meters (950 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Under investigation | On or near Hillrise Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Hillrise Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Highfield Road |
Mar 2024 | Vehicle crime | Under investigation | On or near Highfield Road |
Mar 2024 | Public order | Under investigation | On or near Highfield Road |