£241,943
This estimated value is based upon the latest sale price for the house of £130,000 on 25 Apr 2005. 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 |
---|---|
£130,000 | 25 Apr 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 62 sq meters or 667 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 April 2005 the House Price Index for GREATER LONDON was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.110%.Applying this 86.110% change to the original purchase price of £130,000 results in an estimated price of approximately £241,943.
25 Apr 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 148.6 | 86.110 % | £130,000 | £111,943 | £241,943 |
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 | 136.765 % | £177,794 | £307,794 |
3 Month Average | 95.476 % | £124,118 | £254,118 |
6 Month Average | 100.809 % | £131,052 | £261,052 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Mar 2024 | £290,000 | £290,000 | 173 CHELMSFORD AVENUE |
28 Apr 2023 | £323,483 | £320,000 | 117 CHELMSFORD AVENUE |
17 Apr 2023 | £429,626 | £425,000 | 3 TWEED GREEN |
23 Feb 2023 | £238,340 | £238,500 | 84 CHELMSFORD AVENUE |
20 Feb 2023 | £299,798 | £300,000 | 131 CHELMSFORD AVENUE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 21 May 2020. Using an estimated price of £241,943 means this house is valued at £3,902 per sq meter (£362 per sq foot).
The average size of a house on CHELMSFORD AVENUE is 71 sq meters (768 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Broomfield Close | |
Jan 2024 | Vehicle crime | Under investigation | On or near Broomfield Close |
Apr 2024 | Vehicle crime | Under investigation | On or near Galleywood Crescent |
Apr 2024 | Anti-social behaviour | On or near Galleywood Crescent | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Galleywood Crescent |