£240,779
This estimated value is based upon the latest sale price for the house of £134,500 on 24 Feb 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 |
---|---|
£134,500 | 24 Feb 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 68 sq meters or 731 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 February 2006 the House Price Index for GREATER LONDON was 83.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.018%.Applying this 79.018% change to the original purchase price of £134,500 results in an estimated price of approximately £240,779.
24 Feb 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.6 | 149.7 | 79.018 % | £134,500 | £106,279 | £240,779 |
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 | 169.223 % | £227,605 | £362,105 |
3 Month Average | 115.417 % | £155,236 | £289,736 |
6 Month Average | 100.300 % | £134,903 | £269,403 |
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 |
23 Feb 2023 | £240,104 | £238,500 | 84 CHELMSFORD AVENUE |
20 Feb 2023 | £302,017 | £300,000 | 131 CHELMSFORD AVENUE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 30 Mar 2017. Using an estimated price of £240,780 means this house is valued at £3,540 per sq meter (£328 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 | Anti-social behaviour | On or near Galleywood Crescent | |
Apr 2024 | Anti-social behaviour | On or near Galleywood Crescent | |
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 |