£528,146
This estimated value is based upon the latest sale price for the house of £420,000 on 18 Apr 2018. 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 |
|---|---|
| £420,000 | 18 Apr 2018 |
| £215,000 | 9 Sep 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 2018 the House Price Index for GREATER LONDON was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £420,000 results in an estimated price of approximately £528,146.
| 18 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 149.7 | 25.749 % | £420,000 | £108,146 | £528,146 |
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 | 127.354 % | £534,886 | £954,886 |
| 3 Month Average | 42.138 % | £176,978 | £596,978 |
| 6 Month Average | 19.310 % | £81,101 | £501,101 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £550,293 | £540,000 | 33 KINGSHILL AVENUE |
| 18 Apr 2023 | £443,291 | £435,000 | 2 CLITHEROE ROAD |
| 3 Jan 2022 | £445,283 | £420,000 | 41 WARDEN AVENUE |
| 17 Dec 2021 | £377,758 | £350,000 | 3 PRESTWOOD DRIVE |
| 17 Dec 2021 | £518,068 | £480,000 | 37 KINGSHILL AVENUE |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 15 Jan 2018. Using an estimated price of £528,147 means this house is valued at £3,667 per sq meter (£340 per sq foot).
The average size of a house on PRESTWOOD DRIVE is 99 sq meters (1,067 sq feet).
This house is the largest in the street with a floor area of 144 sq meters (1,550 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Warden Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near St Johns Road |