£429,367
This estimated value is based upon the latest sale price for the house of £350,000 on 5 Dec 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 |
---|---|
£350,000 | 5 Dec 2019 |
Terraced |
Freehold |
Floor Area: 97 sq meters or 1,044 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 December 2019 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £350,000 results in an estimated price of approximately £429,367.
5 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.676 % | £350,000 | £79,367 | £429,367 |
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 | 37.735 % | £132,072 | £482,072 |
3 Month Average | 23.569 % | £82,492 | £432,492 |
6 Month Average | 27.691 % | £96,919 | £446,919 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Nov 2023 | £456,762 | £450,000 | 274 HAVERING ROAD |
25 Aug 2023 | £453,971 | £450,000 | 257 HAVERING ROAD |
23 Jun 2023 | £430,211 | £425,000 | 89 MASHITERS HILL |
12 Apr 2023 | £457,931 | £453,000 | 23 LAWNS WAY |
15 Sep 2022 | £404,732 | £408,000 | 87 MASHITERS HILL |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 17 Jun 2019. Using an estimated price of £429,368 means this house is valued at £4,426 per sq meter (£411 per sq foot).
The average size of a house on BARTLOW GARDENS is 91 sq meters (989 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Under investigation | On or near Bartlow Gardens |
Jan 2024 | Burglary | Under investigation | On or near Wallace Way |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wallace Way |
Feb 2024 | Anti-social behaviour | On or near The Drive | |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near The Drive |