£325,996
This estimated value is based upon the latest sale price for the house of £189,995 on 8 Sep 2006. 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 |
|---|---|
| £189,995 | 8 Sep 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 September 2006 the House Price Index for GREATER LONDON was 87.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.582%.Applying this 71.582% change to the original purchase price of £189,995 results in an estimated price of approximately £325,996.
| 8 Sep 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 149.7 | 71.582 % | £189,995 | £136,001 | £325,996 |
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 | 141.973 % | £269,741 | £459,736 |
| 3 Month Average | 101.935 % | £193,671 | £383,666 |
| 6 Month Average | 92.750 % | £176,219 | £366,214 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £355,461 | £350,000 | 79 KINGSHILL AVENUE |
| 1 Nov 2023 | £250,868 | £244,500 | 171 HILLRISE ROAD |
| 22 Jun 2023 | £352,055 | £345,000 | 104 KINGSHILL AVENUE |
| 12 Apr 2023 | £362,276 | £355,500 | 128 KINGSHILL AVENUE |
| 2 Mar 2022 | £426,969 | £409,000 | 33 WARDEN AVENUE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 26 Jan 2016. Using an estimated price of £325,997 means this house is valued at £2,963 per sq meter (£275 per sq foot).
The average size of a house on KINGSHILL AVENUE is 91 sq meters (981 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Warden Avenue |
| Apr 2024 | Drugs | Under investigation | On or near Hollybush Close |