£339,758
This estimated value is based upon the latest sale price for the house of £275,000 on 17 Jun 2019. 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 |
|---|---|
| £275,000 | 17 Jun 2019 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 June 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £275,000 results in an estimated price of approximately £339,758.
| 17 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £275,000 | £64,758 | £339,758 |
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 | 21.810 % | £59,976 | £334,976 |
| 3 Month Average | 5.683 % | £15,628 | £290,628 |
| 6 Month Average | 21.496 % | £59,112 | £334,112 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Oct 2022 | £524,354 | £530,000 | 19A MOUNT PLEASANT ROAD |
| 7 Jul 2022 | £384,034 | £383,000 | 176 HILLRISE ROAD |
| 8 Jun 2022 | £369,218 | £364,000 | 12 HAWKHURST GARDENS |
| 27 Apr 2022 | £238,656 | £231,750 | 142 HIGHFIELD ROAD |
| 26 Apr 2022 | £432,516 | £420,000 | 175 HIGHFIELD ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 11 Mar 2020. Using an estimated price of £339,759 means this house is valued at £4,246 per sq meter (£394 per sq foot).
The average size of a house on HIGHFIELD ROAD is 81 sq meters (879 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Highfield Link | |
| Jan 2024 | Anti-social behaviour | On or near Highfield Link | |
| Jan 2024 | Anti-social behaviour | On or near Highfield Link | |
| Jan 2024 | Anti-social behaviour | On or near Highfield Link | |
| Mar 2024 | Public order | Under investigation | On or near Hillrise Road |