£426,084
This estimated value is based upon the latest sale price for the house of £226,000 on 28 Feb 2005. 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 |
|---|---|
| £226,000 | 28 Feb 2005 |
| £116,500 | 22 Dec 1999 |
| Semi-Detached |
| Freehold |
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 2005 the House Price Index for GREATER LONDON was 79.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 88.533%.Applying this 88.533% change to the original purchase price of £226,000 results in an estimated price of approximately £426,084.
| 28 Feb 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.4 | 149.7 | 88.533 % | £226,000 | £200,084 | £426,084 |
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 | 154.430 % | £349,012 | £575,012 |
| 3 Month Average | 103.982 % | £234,999 | £460,999 |
| 6 Month Average | 97.091 % | £219,424 | £445,424 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £409,016 | £400,000 | 248 HIGHFIELD ROAD |
| 15 Jun 2023 | £510,225 | £500,000 | 43 AVELON ROAD |
| 31 Mar 2023 | £401,709 | £395,000 | 30 MERLIN GARDENS |
| 10 May 2022 | £467,171 | £455,000 | 238 HIGHFIELD ROAD |
| 28 Mar 2022 | £414,441 | £397,000 | 246 HIGHFIELD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Merlin Road |
| Apr 2024 | Drugs | Under investigation | On or near Ashvale Gardens |
| Apr 2024 | Vehicle crime | Under investigation | On or near Merlin Close |