£262,568
This estimated value is based upon the latest sale price for the house of £47,500 on 17 Oct 1996. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
27 Gobions Avenue, Romford, RM5 3SS
Phone: 01708954923
Price Paid | Date |
---|---|
£47,500 | 17 Oct 1996 |
£46,000 | 21 Apr 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 64 sq meters or 688 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 October 1996 the House Price Index for GREATER LONDON was 27.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 452.776%.Applying this 452.776% change to the original purchase price of £47,500 results in an estimated price of approximately £262,568.
17 Oct 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
27.1 | 149.7 | 452.776 % | £47,500 | £215,068 | £262,568 |
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 | 514.867 % | £244,561 | £292,061 |
3 Month Average | 419.812 % | £199,410 | £246,910 |
6 Month Average | 396.568 % | £188,369 | £235,869 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Mar 2024 | £294,525 | £290,000 | 173 CHELMSFORD AVENUE |
28 Apr 2023 | £326,099 | £320,000 | 117 CHELMSFORD AVENUE |
17 Apr 2023 | £433,101 | £425,000 | 3 TWEED GREEN |
20 Feb 2023 | £302,017 | £300,000 | 131 CHELMSFORD AVENUE |
4 Nov 2022 | £278,697 | £280,000 | 135 CHELMSFORD AVENUE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 25 Mar 2013. Using an estimated price of £262,569 means this house is valued at £4,102 per sq meter (£381 per sq foot).
The average size of a house on CHELMSFORD AVENUE is 71 sq meters (768 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Galleywood Crescent |
Apr 2024 | Anti-social behaviour | On or near Galleywood Crescent | |
Apr 2024 | Anti-social behaviour | On or near Galleywood Crescent | |
Apr 2024 | Anti-social behaviour | On or near Galleywood Crescent | |
Apr 2024 | Anti-social behaviour | On or near Galleywood Crescent |