£473,013
This estimated value is based upon the latest sale price for the house of £405,000 on 23 Nov 2020. 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 |
|---|---|
| £405,000 | 23 Nov 2020 |
| £410,000 | 11 Mar 2019 |
| £128,995 | 18 May 2001 |
| £95,000 | 22 Oct 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 November 2020 the House Price Index for GREATER LONDON was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £405,000 results in an estimated price of approximately £473,013.
| 23 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £405,000 | £68,013 | £473,013 |
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 | 37.636 % | £152,425 | £557,425 |
| 3 Month Average | 16.286 % | £65,958 | £470,958 |
| 6 Month Average | 8.324 % | £33,713 | £438,713 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £177,731 | £175,000 | 8 HILLRISE ROAD |
| 16 Mar 2023 | £244,076 | £240,000 | 14 HILLRISE ROAD |
| 8 Jun 2022 | £459,829 | £450,000 | 49 ASCENSION ROAD |
| 27 Apr 2022 | £414,969 | £400,000 | 85 ASCENSION ROAD |
| 17 Dec 2021 | £490,006 | £454,000 | 62 ASCENSION ROAD |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 4 Sep 2018. Using an estimated price of £473,014 means this house is valued at £4,113 per sq meter (£382 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 |