£338,531
This estimated value is based upon the latest sale price for the house of £197,300 on 27 Sep 2006. 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 |
---|---|
£197,300 | 27 Sep 2006 |
£78,195 | 4 Dec 1998 |
Terraced |
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 September 2006 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 71.582%.Applying this 71.582% change to the original purchase price of £197,300 results in an estimated price of approximately £338,531.
27 Sep 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.2 | 149.7 | 71.582 % | £197,300 | £141,231 | £338,531 |
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 | 141.973 % | £280,112 | £477,412 |
3 Month Average | 101.935 % | £201,118 | £398,418 |
6 Month Average | 92.750 % | £182,995 | £380,295 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Sep 2023 | £444,805 | £435,000 | 28 THE DRIVE |
23 Sep 2022 | £539,640 | £540,000 | 20 THE DRIVE |
15 Dec 2021 | £453,309 | £420,000 | 5 BARTLOW GARDENS |
26 Aug 2021 | £427,072 | £380,000 | 62 FAIRCROSS AVENUE |
19 Feb 2021 | £428,858 | £375,000 | 19 WILTON DRIVE |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Drugs | Under investigation | On or near Lawns Way |
Apr 2024 | Vehicle crime | Under investigation | On or near Lawns Way |
Apr 2024 | Other theft | Under investigation | On or near Bartlow Gardens |
Apr 2024 | Vehicle crime | Under investigation | On or near Berkeley Avenue |
Apr 2024 | Public order | Under investigation | On or near Cardiff Close |