£207,225
This estimated value is based upon the latest sale price for the house of £140,000 on 9 Apr 2015. 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 |
|---|---|
| £140,000 | 9 Apr 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 2015 the House Price Index for GREATER LONDON was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £140,000 results in an estimated price of approximately £207,225.
| 9 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 149.7 | 48.018 % | £140,000 | £67,225 | £207,225 |
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 | 96.825 % | £135,555 | £275,555 |
| 3 Month Average | 51.812 % | £72,536 | £212,536 |
| 6 Month Average | 43.315 % | £60,640 | £200,640 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £177,731 | £175,000 | 8 HILLRISE ROAD |
| 9 Jun 2023 | £377,566 | £370,000 | 135 HILLRISE ROAD |
| 28 Apr 2023 | £550,293 | £540,000 | 33 KINGSHILL AVENUE |
| 16 Mar 2023 | £244,076 | £240,000 | 14 HILLRISE ROAD |
| 17 Dec 2021 | £518,068 | £480,000 | 37 KINGSHILL AVENUE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 2 Dec 2014. Using an estimated price of £207,225 means this house is valued at £3,453 per sq meter (£320 per sq foot).
The average size of a house on HILLRISE ROAD is 77 sq meters (831 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Henneker Close | |
| Apr 2024 | Anti-social behaviour | On or near Henneker Close | |
| Apr 2024 | Anti-social behaviour | On or near Henneker Close | |
| Apr 2024 | Anti-social behaviour | On or near Henneker Close | |
| Apr 2024 | Anti-social behaviour | On or near Henneker Close |