£384,803
This estimated value is based upon the latest sale price for the house of £250,000 on 9 Jul 2014. 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 |
---|---|
£250,000 | 9 Jul 2014 |
£148,000 | 19 Aug 2002 |
Semi-Detached |
Freehold |
Floor Area: 104 sq meters or 1,119 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 July 2014 the House Price Index for GREATER LONDON was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £250,000 results in an estimated price of approximately £384,803.
9 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.3 | 149.7 | 53.921 % | £250,000 | £134,803 | £384,803 |
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 | 104.309 % | £260,772 | £510,772 |
3 Month Average | 72.668 % | £181,670 | £431,670 |
6 Month Average | 57.453 % | £143,632 | £393,632 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Mar 2024 | £355,461 | £350,000 | 79 KINGSHILL AVENUE |
22 Jun 2023 | £352,055 | £345,000 | 104 KINGSHILL AVENUE |
28 Apr 2023 | £550,293 | £540,000 | 33 KINGSHILL AVENUE |
12 Apr 2023 | £362,276 | £355,500 | 128 KINGSHILL AVENUE |
2 Mar 2022 | £426,969 | £409,000 | 33 WARDEN AVENUE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 29 Oct 2015. Using an estimated price of £384,804 means this house is valued at £3,700 per sq meter (£343 per sq foot).
The average size of a house on WARDEN AVENUE is 99 sq meters (1,071 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 |