£242,282
This estimated value is based upon the latest sale price for the house of £240,000 on 16 Mar 2023. 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 |
|---|---|
| £240,000 | 16 Mar 2023 |
| £146,995 | 20 Dec 2007 |
| £51,000 | 28 Jan 2000 |
| £35,000 | 3 Nov 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 March 2023 the House Price Index for GREATER LONDON was 147.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.951%.Applying this 0.951% change to the original purchase price of £240,000 results in an estimated price of approximately £242,282.
| 16 Mar 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.6 | 0.951 % | £240,000 | £2,282 | £242,282 |
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 | -1.164 % | £-2,792 | £237,207 |
| 3 Month Average | -13.978 % | £-33,548 | £206,451 |
| 6 Month Average | -4.725 % | £-11,340 | £228,659 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £175,000 | £175,000 | 8 HILLRISE ROAD |
| 16 Mar 2023 | £242,283 | £240,000 | 14 HILLRISE ROAD |
| 8 Jun 2022 | £456,451 | £450,000 | 49 ASCENSION ROAD |
| 27 Apr 2022 | £411,920 | £400,000 | 85 ASCENSION ROAD |
| 7 Dec 2021 | £407,122 | £379,999 | 57 ASCENSION ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 2 Aug 2021. Using an estimated price of £242,283 means this house is valued at £3,727 per sq meter (£346 per sq foot).
The average size of a house on HILLRISE ROAD is 77 sq meters (831 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Henneker Close | |
| Apr 2024 | Anti-social behaviour | On or near Henneker Close | |
| Mar 2024 | Anti-social behaviour | On or near Henneker Close | |
| Feb 2024 | Anti-social behaviour | On or near Henneker Close | |
| Jan 2024 | Anti-social behaviour | On or near Henneker Close |