£356,892
This estimated value is based upon the latest sale price for the house of £208,000 on 5 Feb 2010. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Robin Close
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27 Gobions Avenue, Romford, RM5 3SS
Phone: 01708954923
Price Paid | Date |
---|---|
£208,000 | 5 Feb 2010 |
£65,000 | 20 Dec 1996 |
Semi-Detached |
Freehold |
Floor Area: 86 sq meters or 933 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 February 2010 the House Price Index for GREATER LONDON was 87.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.583%.Applying this 71.583% change to the original purchase price of £208,000 results in an estimated price of approximately £356,892.
5 Feb 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.2 | 149.7 | 71.583 % | £208,000 | £148,892 | £356,892 |
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 | 137.081 % | £285,129 | £493,129 |
3 Month Average | 101.066 % | £210,216 | £418,216 |
6 Month Average | 89.695 % | £186,566 | £394,566 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Nov 2023 | £323,204 | £315,000 | 7 CHELMSFORD AVENUE |
4 Jan 2023 | £406,085 | £405,000 | 16 ROBIN CLOSE |
1 Jul 2022 | £285,359 | £282,500 | 17 GOBIONS AVENUE |
21 Jan 2022 | £583,109 | £550,000 | 20 GOBIONS AVENUE |
20 Dec 2021 | £420,930 | £390,000 | 87 THE DRIVE |
This house has a floor area of 86 sq meters or 933 sq feet when measured on 18 Sep 2009. Using an estimated price of £356,893 means this house is valued at £4,115 per sq meter (£382 per sq foot).
The average size of a house on ROBIN CLOSE is 102 sq meters (1,107 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Under investigation | On or near Robin Close |
Apr 2024 | Public order | Under investigation | On or near Cardiff Close |
Apr 2024 | Anti-social behaviour | On or near Gobions Avenue | |
Apr 2024 | Anti-social behaviour | On or near Gobions Avenue | |
Apr 2024 | Anti-social behaviour | On or near Gobions Avenue |