£446,896
This estimated value is based upon the latest sale price for the house of £350,000 on 18 Sep 2017. 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 | 18 Sep 2017 |
Terraced |
Freehold |
Floor Area: 106 sq meters or 1,140 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 September 2017 the House Price Index for GREATER LONDON was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £350,000 results in an estimated price of approximately £446,896.
18 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 149.7 | 27.685 % | £350,000 | £96,896 | £446,896 |
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 | 66.138 % | £231,482 | £581,482 |
3 Month Average | 19.604 % | £68,613 | £418,613 |
6 Month Average | 10.001 % | £35,001 | £385,001 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £355,461 | £350,000 | 13 BERKELEY AVENUE |
17 Nov 2023 | £548,934 | £535,000 | 114 CHASE CROSS ROAD |
3 Nov 2023 | £430,939 | £420,000 | 114A CHASE CROSS ROAD |
21 Apr 2023 | £524,816 | £515,000 | 134 CHASE CROSS ROAD |
17 Apr 2023 | £422,910 | £415,000 | 136 CHASE CROSS ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 19 May 2017. Using an estimated price of £446,897 means this house is valued at £4,216 per sq meter (£391 per sq foot).
The average size of a house on BERKELEY AVENUE is 98 sq meters (1,062 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Berkeley Avenue |
Apr 2024 | Public order | Under investigation | On or near Cardiff Close |
Apr 2024 | Vehicle crime | Under investigation | On or near Lawns Way |
Apr 2024 | Drugs | Under investigation | On or near Lawns Way |
Apr 2024 | Public order | Under investigation | On or near Chase Cross Road |